David Huffman
@davidhuffman24
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@WhitBabcock
Make your press conference available to the public and won’t have to rely on media to get the facts straight!
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A tax rate increase from 14.25% to 30% in NJ would be extremely detrimental to
@sporttrade_app
.
If you’re a sports bettor, you should be furious. These changes directly impact you and the products you interact with.
The more tax you pay as an operator, the less competitive you
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Congrats to the 25 gentlemen who accepted their bids to
@BetaThetaPi
tonight at Virginia Tech!
http://t.co/xIIhd6zV9r
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@WhitBabcock
jab at the Hokie FB fan base is one he’ll want back.
#Hokies
AD Whit Babcock implores fans not to "tear it down," meaning turn negative toward the football program if they wanted a coaching change. But also notes, "Most that threaten to pull their money don't donate that much."
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The first 6 figure bet in US exchange history.
Contest: BOS Celtics @ TOR Raptors
Outcome: Under 225.5
Shares/Price: 1,958.958 | $53.0 (-115)
Order Size: $103,805.2
Potential Profit: $90,248.8
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May need to start breaking down Whale bets into some other mammal categories. What do you think
@Matthew_Trench
?
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Live pricing of the Jags win probably as part of last night’s historic comeback on
@sporttrade_app
.
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The other day
@BradAllenNFL
spoke on his podcast (Zero Latency) w/ Matt Trenhaile about how they’re surprised nobody is tracking the PNL of
@sporttradenow
. I went ahead and did a bit of analysis on it today.
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Whale trucker hats just came in 🐳. If you’ve made it on
@sporttradenow
, send me your bet and I’ll send you a hat.
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We traded over 20,000 shares for the first time in a day on
@sporttrade_app
yesterday.
1 share = $100 of potential return. That’s $2m in matched volume.
We took some really big bets too:
- 123k on Chiefs ML @ -222
- 53k on ARK/FLA u165.5 @ -115
- 49k on Ole Miss -10.5 @ +102
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FanDuel Illinois in September:
Handle: $348.6m
Revenue: $32.4m
Hold: 9.3%
Parlay Handle: $118m (34% of total)
Parlay Revenue: $25m (77% of total)
Hold: 21.2% 👀
I don’t care how fun your parlay is, you’re getting priced gauged right in front of your own eyes.
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To expand on this with a fresh example for this week. Say you buy “No” on the top 7 golfers in the field. It would in *theory* cost you $65.8k to make all these bets independently. However, as only one of these bets can win,
@sporttrade_app
can aggregate risk at the market level.
Here's an example detailing why laying a price like this, even if it's a low-ROI bet, makes sense.
Those Bob Macintyre bets had an avg price of ~ -5800. Let's say true price is -7500.
▪️ risk: $68,700
▪️ to win: $1,185
▪️ 0.39% edge
▪️ $265 expected profit
▪️ swing of 70k
Now
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Not a day goes by where I don't get lost in the library and pretend I know where I'm going...
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Checking in on our
@sporttradenow
whales from the since the beginning of June. How are they doing
@Matthew_Trench
?
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Great piece here on the importance of 2-way markets.
"If I see an edge, I'm going to bet the edge."
The strategy behind betting a lot to win a little.
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If they let Chick Fit A drivethru workers count the polls, they would have been done days ago.
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Nice to see the Hokies get back on track tonight! They seem to have Duke’s number in Cassell as of late, winning 5 out of the last 6.
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How many
@pikkitsports
users share their losing records? Seems like everyone’s on twitter makes a living from betting 😂
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One of the coolest features on
@sporttrade_app
continues to be the ability to trade season long futures. There’s a couple of things that make this so magic:
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100%. Banning props just moves action back to grey markets which is opposite the goal of regulation.
i think the bigger issue is anonymity on social media allowing miserable humans to take their demons out on someone else with zero recourse
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As golf season is picking up, let’s talk about a not-so-new feature on
@sporttrade_app
that is not-so-known.
You want to bet “No” on a bunch of golfers, but you don’t have the money to outlay for all these short positions. Let’s replay an example from last week. ⬇️
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Over $600 profit in 4 mins. In and out with no friction.
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Great outright odds and liquidity on
@sporttrade_app
(h/t to the new
@UnabatedSports
golf screen)
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Not having to price markets 2-ways frequently allows pricing to be unfair.
@sporttrade_app
solves this by allowing customers to bet No on all outcomes.
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It can’t be understated how much this would dramatically improve the
@sporttrade_app
product offering. It helps low hold operators even more as FET as a function of revenue is much higher for low margin businesses as it is a handle tax.
A bill to remove the federal sports betting excise tax has been introduced in the U.S. Senate.
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Just tried to sign-up for Bet Rivera in Delaware and account was suspended immediately. Think I won a few bets in PA once.
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As customers, we expect loading money on and taking money off a platform to be seamless and instantaneous. There’s so much that goes on behind the scenes to make this happen. This was a fun blog post we collaborated on with Eric Morse from Push Cash.
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Come check out the newest props listed on
@sporttrade_app
. Proud of the all the hard work of our team members to get these ready to go. Wish I could bet on a few of these myself 😉
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Good luck to
@jack_larkin1
at the US Amateur this week 🇺🇸! He carried the
@sporttrade_app
scramble team at
@bet_bash
last week.
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Handle across the United States has surpassed $100 billion for the 2023 calendar year:
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A couple of legends up on the stage advocating from the bettor’s side of the counter at NCLGS.
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We’re just a few days into the MLB season and off to a hot start 🔥. The volume in just the first 3 days on baseball has already surpassed all of 2022. It’s a testament to the growth of the platform.
Check out
@sporttradenow
for all the largest prints on
@sporttrade_app
.
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It’s wild states can be betting monopolies. Competition is paramount. The pie will 100% increase especially if the other products are differentiated. I can’t even play in DE b/c my acct was suspended on Rivers after winning a few bets in another state. A missed opportunity.
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Every time I read WFT I think it says WTF
WFT QB Alex Smith did not practice today due to his calf injury.
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4K
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Player props will remain open in-play tonight for game 1 of the
#NBA
Finals on
@sporttrade_app
.
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We’ve got you covered with the best prices in NJ for this weekend’s
#NFL
Divisional round on
@sporttrade_app
, courtesy of
@UnabatedSports
.
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Just drove to Colorado and feel like I took the SAT twice in one day.
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The new thing is to pic stich on people's birthday to show how your best friends. What if I don't have enough pictures?
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Why not pose this as probability? We could list on
@sporttrade_app
as:
Yes: 47%
No: 59.5%.
Lot of juice baked in there when you look at it that way. What do you think
@a_kane47
?
It's time TB12 - you had a god run, but it's time.
Will Tom Brady retire?
Yes +110
No -150
Thoughts?
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Leading up to kickoff,
@sporttrade_app
has matched record volume on the HOU/BAL matchup. Bettors flocked to arbitrage the seemingly unlimited ESPN Bet promo:
ESPN: BAL -9.5 @ +110 (47.6%)
ST: HOU +9.5 @ +102 (49.5%)
ESPN: BAL -10.5 @ +140 (41.6%)
ST: HOU +10.5 @ -125 (55.5%)
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Watched Daily Wager last night
@DougESPN
. You asked, we delivered on
@sporttrade_app
. Better odds and the ability to buy and trade both sides. CC:
@AnitaMarks
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My sports betting journey started when I saw a number of lucrative sign-up bonuses luring players to new platforms. I generally knew how sports betting worked, but was always taught it was a losing proposition…
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@d_feustel
Elihu - thanks for checking us out. This is the first screen you see after clicking “sign up”.
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Yesterday was a record breaking day on Sporttrade. The whale tracker was busy printing!
@sporttradenow
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Final round of the Pebble Beach Pro-Am resumes today. Justin Rose made some big moves yesterday. Here’s where his price opened each day on
@sporttrade_app
:
Thurs: $2.5
Fri: $3.0
Sat: $6.5
Sun: $6.0
Mon: $63.0 📈
Are you rolling with Rose?
@AmandaGolf59
@jack_larkin1
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It’s hard to make a personal bet on the game when you see how good exchange pricing can be and not having access to them.
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3 largest positions on
@sporttrade_app
going into the U.S. Open:
1. Cam Young: 1,015 shares from $1.55 (62/1)
2. Sam Burns: 745 shares from $1.04 (93/1)
3. Collin Morikawa: 700 shares from $2.46 (39/1)
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I found I could start by playing these bonuses against each other to make risk-free money. Seemed too good to be true, but it worked. From there, I discovered platforms like
@OddsJam
(formerly
@Odds_Boom
), and
@UnabatedSports
that helped me take advantage of these promos.
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@FerrisB_86
@UptownBetz
@JeffreyBenson12
@capjack2000
@spanky
Sporttrade is an Internet Sports Betting Operator in NJ, as are all the other books you’ve stated. We are regulated and treated exactly the same as each of these operators.
We are NOT the license holder in NJ. Fun fact, DK is also not the license holder in NJ.
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Welcome to the tape ⚽️
Chelsea vs. Newcastle
Over 3.5 | Total Points
Odds: +122 (44.5%)
Bet Size: $87,300.0
Potential Profit: $106,702.2
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To no surprise, the most active NCAAF contest going into the weekend on
@sporttrade_app
by volume is CSU Rams @ COLO Buffaloes.
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I just made a great bet on Denver -175 (63%) live. Moments later Denver had moved to -245 (71%).
I check the cash out value and am offered $464.17. We already know this is a bad offer, but how do we know how bad? Take the cash out value and divide it by the total profit, in
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Money continues to flow in on TCU money line tonight. Can’t blame them when we have the best price in New Jersey.
Contest: TCU Horned Frogs @ GEO Bulldogs
Outcome: TCU
Shares/Price: 124 | $18.0 (+446)
Order Size: $2,232.0
Potential Profit: $9,964.6
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Current odds on
@sporttrade_app
:
PHI Eagles: 53% (-115)
KC Chiefs: 48% (+106)
Reminder that American Odds on Sporttrade are commission included prices.
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I'm convinced mini elfs come in my room in the middle of the night and beat the shit out of me with baseball bats before I wake up.
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