How baseball trading worked on Sporttrade, a licensed sports betting exchange that wound down its United States online markets in 2026 while seeking a prediction market path. Information, not advice. As of January 2026.
Last reviewed 23 January 2026 · Facts as of January 2026 · Illustrative editorial examples
On Sporttrade, a mlb and baseball market is a contract on a clearly defined question that settles against a written rule, the named source and date set before trading. A correct side pays one dollar and the other pays nothing, so the price between 1 and 99 cents reads as the implied probability.
Previously licensed under state gaming rules; has wound down online betting and is seeking federal approval, so the prediction-market form is in transition.
Always read the specific market's resolution rule, not the headline. Fees and spreads reduce real returns, and availability can change.
No. Sporttrade announced it was exiting its United States online sports betting markets in 2026, with wagering ceasing and customers asked to withdraw their balances. New Jersey access ended on 25 May 2026 and the other licensed states followed by 25 June 2026. Confirm the current status directly with the company before assuming anything. This is general information, not advice, as of January 2026.
Sporttrade operated as a licensed sports betting exchange under state gaming regulators, holding licenses in Arizona, Colorado, Iowa, New Jersey, and Virginia. It agreed with those states that its product was a form of sports betting rather than a federally regulated event contract. As of January 2026.
The company said the state by state licensing model, tax rates, and compliance costs made its low margin exchange hard to sustain, and it has sought a path to relaunch as a federally regulated prediction market under Commodity Futures Trading Commission oversight. That relaunch had not been confirmed as live at the time of writing. As of January 2026.
On an exchange a baseball position is priced like a probability, often on a zero to one hundred scale, and you could buy or sell as the price moved. A price near 55 suggested roughly a 55 percent implied chance. Prices move with news and can be wrong, so you could lose your stake.
See the MLB and baseball category guide for how these markets work across platforms, and the legality hub for where each platform is available to you.
These contracts trade on a regulated venue and settle against a written rule. Read the primary source and the specific market rule before you act.
Facts as of January 2026. General information, not financial or betting advice.