Whether you can trade NBA and basketball markets on Sporttrade, the platform status, and what changed when it stopped US wagering in 2026.
Last reviewed 21 January 2026 · Facts as of January 2026 · Illustrative editorial examples
On Sporttrade, a nba and basketball 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 stopped taking US wagers on 25 May 2026 and removed platform access for everyone by 26 June 2026, so there is no live basketball market to trade there as of this review.
The company decided to exit US online sports betting while it pursues federal regulation through the CFTC, rather than keep running its state licensed product while it waits for a decision. The CFTC outcome is not settled.
During its active period it held gaming licenses in Arizona, Colorado, Iowa, New Jersey and Virginia, and you had to be physically located in one of those states to trade.
It described itself as a sports betting exchange. It used an exchange style order book where you could trade in and out of positions, but it was licensed as sports betting by state regulators rather than as a CFTC event contract venue.
Read the NBA and basketball category guide for how these markets work, and check the US legality overview, since sports event contracts remain legally contested and availability depends on your state.
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.