good bye tradesports

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  • pico
    BARRELED IN @ SBR!
    • 04-05-07
    • 27321

    #1
    good bye tradesports
    my very first book. traded over 1/2 million contracts there. i'll miss that place.

    i still have 7k there. wondering if they'll move it to matchbook before they close down.
  • WileOut
    SBR MVP
    • 02-04-07
    • 3844

    #2
    They were just way too expensive. And matchbooks format and software is much better.

    It says they are going to pay all customers.
    Comment
    • pico
      BARRELED IN @ SBR!
      • 04-05-07
      • 27321

      #3
      Originally posted by WileOut
      They were just way too expensive. And matchbooks format and software is much better.

      It says they are going to pay all customers.
      i am not worried about them paying. just sucks that i use them as a processing center for matchbook because they take bank checks.
      Comment
      • WileOut
        SBR MVP
        • 02-04-07
        • 3844

        #4
        Here is a quote from the reason why they are shutting down:

        "We underestimated the difficulties that current and new customers would experience in funding accounts and partly as a result of this we have reluctantly decided to close TradeSports. While we are not hopeful that funding issues may dissipate soon, should they TradeSports will be back and it is therefore an imperative for us to effect and orderly and goodwill preserving closure for you all."

        UIGEA maybe?
        Comment
        • pico
          BARRELED IN @ SBR!
          • 04-05-07
          • 27321

          #5
          i wonder which book is next. matchbook is hard as hell to deposit funds
          Comment
          • durito
            SBR Posting Legend
            • 07-03-06
            • 13173

            #6
            Originally posted by pico
            i wonder which book is next. matchbook is hard as hell to deposit funds
            my wires get there in 1 day.
            Comment
            • Bill Dozer
              www.twitter.com/BillDozer
              • 07-12-05
              • 10894

              #7
              A lot of people aren't surprised and thought this would happen after they separated from Intrade last year. After this political season and the bets on the economy, InTrade must be at its highest peak.
              Comment
              • pico
                BARRELED IN @ SBR!
                • 04-05-07
                • 27321

                #8
                Originally posted by durito
                my wires get there in 1 day.
                well, i have no option but to start using bankwires now. i'll see how fast it is.
                Comment
                • WileOut
                  SBR MVP
                  • 02-04-07
                  • 3844

                  #9
                  pico you in the US?
                  Comment
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