Sporttrade Coming to Colorado – Everything You Need to Know

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Sporttrade Coming to Colorado – Everything You Need to Know

Author: American Gambler Staff | Publish Date: September 12, 2023 | Last Updated: September 15, 2023

Sporttrade – a betting platform that markets itself as “America’s only regulated sports trading platform” – is now live in their second state: Colorado. It makes for an exciting entrant into the betting apps space, providing a twist on offerings found at conventional sportsbooks.

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Sporttrade: Background

Based in Philadelphia, Sporttrade has been live (and has solely operated) in New Jersey since September 2022. The proprietary draw of the platform has been its functionality as a betting exchange; a betting platform where customers can bet directly against one another on lines they set themselves.

This feature didn’t make it to launch for Colorado betting, however – for now, bettors in the Centennial State only have access to the traditional sportsbook features of Sporttrade. The state laws regarding sports betting allow for the possibility of exchanges, but rules specifically regulating how they may operate in certain fashions have yet to be made.

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Sporttrade Eyes Colorado Market

Sporttrade laid the groundwork for their arrival in Colorado a while ago, partnering with GF Gaming and Easy Street Casino in Central City, Colorado.

“We firmly believe that the brand and platform make for an ideal partnership for us in Colorado,” said Roger Brown, General Manager of GF Gaming and Easy Street Casino, per a release from Sporttrade’s website. “Providing a better odds experience for the player is what GF Gaming has always been about, and Sporttrade brings that same priority to the sports betting market in Colorado.”

Will We See Betting Exchanges in CO Soon?

The Colorado Limited Gaming Control Commission allowed Sporttrade to beta test their platform – absent any exchange features – for a limited time before launch. The goal of Sporttrade is to bring the exchange service to Colorado at a later date, and the hope is that their presence in the state may expedite the rules necessary for them to do so being implemented by the LGCC.n ideal partnership