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Best Sportsbooks US / Sporttrade Review / Sporttrade Promo Code

Sporttrade Promo Codes & Deposit Bonus 2024

Claim the Latest Sporttrade Betting Exchange Offer

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Bonus Details:
Type:
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Cashable:
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Requirements (WR):
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Sporttrade Bonus
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Details
User Reviews

The Sporttrade promotion for new bettors is certainly turning some heads. New users can take advantage of a 3% cashback deal, on qualifying bets up to a total of $500, and it’s available for the 7 days immediately following registration.

No opt-in or Sporttrade promo code is needed to claim this bonus either. Once you create an account and make your first deposit, the Sporttrade betting exchange bonus is activated automatically. You’ll receive the cashback as real money, not bonus bets, which is excellent. But better still, there are no wagering requirements and you can withdraw it immediately.

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Payment Methods
PayPal
Venmo
Bank Transfer
License
New Jersey (US)
Withdrawal
3 – 5 Days
Company
Sporttrade New Jersey, LLC
Founded
2017
Website
getsporttrade.com
Available Languages
EN
Customer Support
Email Support
Email
info@getsporttrade.com
Overall Rating
Rating follows
  • Bonus Offer
    4.3/5
  • Bonus Wagering
    4.1/5
  • Bonus Withdrawal
    4.1/5
  • Rewards & Loyalty Program
    4.0/5
No review posted yet.
User Rating
0/5
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Last Updated on 31/05/2024

Introduction to bonus offers – Bet on any sport

The 3% cashback Sporttrade bonus for US players is one of the most unique deals that I’ve seen in a long time. It makes a really refreshing change from the usual matched deposit or free bet promos offered by traditional sportsbooks. Here’s how it works.

When you sign up with Sporttrade and make a deposit, for the next 7 days all bets you place on the platform will be eligible for 3% cashback. This Sporttrade promotion is valid for any sport, so you can pick markets you’re familiar with to give you an edge. At the end of the 7 day period, the total cashback amount you have accrued will be available to withdraw.

How to use the bonus – No promo code required

To claim the Sporttrade welcome offers, you must create an account with the bookie. No Sporttrade promo code is needed. As soon as you make your first wager, the 7-day period for the 3% cashback bonus is activated. The cashback amount is calculated on the total qualifying bets for the said period.

You’ll receive your money as one lump sum within 72 hours, a relatively longer time to wait compared to most sportsbooks. However, Sporttrade credits the amount as cash which eliminates wagering requirements. You can enjoy the Sporttrade sign up offers US without being obliged to wager a certain amount before requesting a payout.

Top 5 expert tips to take advantage of the offer – winning pointers

💸 Avoid Cash Outs

I get that settling bets early when you feel your wager will fall through is necessary to avoid losing your entire stake. But you might want to hold off on the Cash Out feature to get the cashback bonus. While users are allowed to cash out bets (sell the position of bets in this instance), you won't receive any additional cash back if you do so. Only qualifying bets count toward the promo.

✅ Keep your account active

I advise you to keep your account active for the entire duration of the 7-day promotional period to be eligible for the offer. If, for whatever reason, you deactivate your account during this period, the bonus is off.

🎁 Redeem the bonus only once

Sporttrade only allows one bonus redemption per person per household. That means you can’t claim the bonus if someone from your household previously claimed it. Also, don’t use a different device that’s different from the one you used for account signup when you claim this Sporttrade promotion.

👀 Observe eligible odds

According to the Sporttrade bonus for USA terms and conditions, only bets placed using maximum odds -400 or better are counted towards the cash back promo. Anything outside the stipulated odds doesn't qualify.

❌ Don’t abuse the bonus

The sportsbook reserves the right to change or cancel its Sporttrade promotions. This happens if they pick up on bonus abuse or irregularities of any kind linked to the offer on your part.

Frequently Asked Questions about the bonus – Pay attention to the following

🧐 How soon do I have to claim the Sporttrade welcome offer?

The Sporttrade promotions for new players can be activated at any time as long as the promotion is still valid. You don't necessarily have to claim it on the day you create an account. What you must note is the promotion is activated the moment you place your first qualifying bet. Be sure to time your bets, and not place them close to the expiry date.

🫰 What are the minimum and maximum bonus limits?

$5 is the minimum you can redeem at any given time, while $500 is the maximum you can withdraw. Nothing more and nothing less. The bookie doesn’t impose a minimum deposit. But according to the 3%, if the minimum bonus amount awarded is $5, one must wager around $167 to qualify for any bonus cashback.

💰 Who can claim the Sportsbook welcome bonus?

US bettors residing in New York and Colorado are eligible to claim the cashback Sporttrade deposit bonus. Not only that but you must be physically located in the licensed state and be at least 21 years of age. Also, you're automatically disqualified if you feature on any gambling exclusion or self-exclusion list.

🗓️ What is the bonus validity period?

This is one of the Sporttrade promotions where you’re not rushed into using up your bonus funds. In fact, your first option is to withdraw the bonus immediately without wagering. If you'd rather use the bonus funds to bet some more, there's no time limit to use up the offer.

🤑 Will I receive the bonus if my bets win?

Absolutely, and that's one of the offer's best-selling points. Unlike other bonuses where you don't get the bonus if your wager wins, this doesn't apply to the Sporttrade cash back promo. The bonus is still awarded whether your wagers win or lose.

Additional rewards & loyalty programs – More could be added

Sporttrade is still fairly new, so it hasn’t curated that many ongoing promotions for its existing client base just yet. But right now, a refer-a-friend offer is on the table. Sporttrade awards you the same 3% cashback bonus on your friend's qualifying bets, up to $100, over the same 7 day period.

A VIP or loyalty program is also not present at the time of curating my Sporttrade review, but you can keep checking the Sporttrade promotions page for more additions, or bookmark this page. We’ll post updates here when any further Sporttrade deposit offers or other exciting developments happen to pop up.

Bonus intro – Cashback on all qualifying bets

You get 3% cashback on every wager you make on Sporttrade within the first 7 days after signing up. Whether your wagers win or lose is beside the point. You still get your money back on all qualifying bets up to a maximum of $500. The clock on your 7-day period starts ticking the second you place your first wager. It doesn't have to be on the day you sign up, so, no need to rush things.

Reality Test – Valid for 7 days

I found the Sporttrade promotions for new players quite easy to claim. After a quick registration process, I didn't waste any time placing my first wager. Mind you, you can pick any market, but I chose NHL, as hockey is my favorite sport. After 7 days of consistent wagering, I spent a total of $500 on bets.

True to form, the bookie gave me $15 back, which landed in my account in less than the advertised 72 hours. The money was credited as cash, not bonus bets. To test the non-wagering aspect of the bonus, I immediately requested a payout, which Sporttrade graciously granted—no questions asked.

Bonus withdrawal - No wagering necessary

As mentioned, withdrawing the Sporttrade bonus is a breeze. It’s a withdrawable bonus that carries no wagering conditions whatsoever. You just have to visit the cashier section, pick a withdrawal method, and request your withdrawal. PayPal, Skrill, and ACH e-checks are the options you can pick from.

It takes between 3 and 5 days for funds to hit your account with most methods. PayPal is the fastest and takes just a few minutes. Just bear in mind that the platform will need to verify your details to confirm your credibility, if you have not already completed a verification process.

Pitfalls & What to Avoid when Claiming Bonus - Don’t skimp on bonus terms

Sporttrade is very particular about device sharing when accessing its welcome offer. As it stands, trying to claim the bonus with a device different from the one you used to create an account isn't allowed.

Also, failure to observe stipulated odds for a given trade can result in your bets being disqualified. And so will cashing out qualifying bets early. Such bets won't be counted towards the promotion. You'd also do well to keep your account active for the duration of the 7-day promotional period.

Conclusion - Withdrawable right away

For most sports betting sites, cashbacks are synonymous with losses incurred while betting, but not with Sporttrade promotions. You get 3% cashback on all qualifying bets you make on the platform, win or lose, and that’s a game changer.

Yes, the cashback percentage could be higher, but the bonus is easy to claim with no Sporttrade promo code for USA users necessary and no wagering requirements are applied. You can withdraw your bonus, or use it to place more wagers. It’s your call.

Overall conclusion- Get cash back in your pocket

The Sporttrade offer is generous and doesn’t need a Sporttrade bonus code to claim. The $500 maximum bonus amount is decent, but I’ll admit that I’d like to see the bonus percentage bumped up a bit. However, the fact that the bonus is withdrawable, with no wagering requirements, counterbalances the low percentage. You don’t get many of those offers in the US.

Having to wait another 72 hours after the 7 days to receive the bonus is a bummer. But again, you don't need to wager the funds, so I was happy to wait. Moreover, win or lose, the bonus is yours. Ultimately any bonus that puts cash back in your pocket is a steal. I didn’t turn down this Sporttrade promotion, and I doubt any savvy bettor would.

Sporttrade promo code FAQ

🎁 What is the Sporttrade welcome bonus?

The Sporttrade welcome offer comprises a 3% cashback of up to $500 on all qualifying bets. It’s not a Sporttrade no deposit bonus, so you must make a deposit to activate the offer. The bonus is calculated on the total bets made during the 7-day betting period after registration.

🤔 How do I get the Sporttrade welcome offer?

To obtain the Sporttrade promotions you must first create an account with the betting exchange. From there, you deposit funds and start placing buy or sell wagers on any sport. After 7 days, Sporttrade will return 3% of your total stakes, up to a maximum of $500. You’ll receive the amount within 72 hours after the 7 days are up.

⚖️ Is the Sporttrade bonus legal in the US?

Sporttrade is legal and licensed to operate in two states at present: New Jersey and Colorado. That means only bettors from the licensed states can claim the bonus. However, Sporttrade has pending license applications in several other states, so keep checking back in for updates here at PromoGuy.us.

🔑 Do I need a Sporttrade promo code to claim the cashback offer?

No, you don’t need a Sporttrade bonus code to activate the welcome offer on the platform. Opting in is also not necessary. Simply sign up, make your first deposit, and the 3% cashback bonus will automatically be applied for the next 7 days.

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