Anyone seen the new fee structure at Tradesports

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  • hanco21
    SBR MVP
    • 01-19-06
    • 3414

    #1
    Anyone seen the new fee structure at Tradesports
    I was looking at tradesports in-running trade fees and they new want 10 cents per share for expiry fee if the event wins. That is up 150% from their old fee. Also the fee wet up 5 cents per share if you are not the money maker. I think that is totally ridiculous paying 15 cents per share if you end up winning. They should lose a ton of customers?
  • jjgold
    SBR Aristocracy
    • 07-20-05
    • 388179

    #2
    Means they are not doing well

    Volume is very low there anyway except for a few tv games each week

    no need to play there
    Comment
    • Scorpion
      SBR Hall of Famer
      • 09-04-05
      • 7797

      #3
      Their software is hard to use.
      They need to use rotation numbers for college games

      It takes too much time finding games on their site!
      Comment
      • jjgold
        SBR Aristocracy
        • 07-20-05
        • 388179

        #4
        all exchanges like them are a flat out waste of time

        Go to Pinnacle and bet and it is the same thing long term
        Comment
        • Dark Horse
          SBR Posting Legend
          • 12-14-05
          • 13764

          #5
          Tradesports gave themselves a 25% pay increase, and actually advertises the rate changes as a means to increase liquidity. Sad.

          They really blew it for a lot of people with their North Korean missile contracts. So they may be scrambling.
          Comment
          • acw
            SBR Wise Guy
            • 08-29-05
            • 576

            #6
            Our coach has never given us more true words than he does now.
            Comment
            • Fair Value
              SBR Rookie
              • 07-05-06
              • 6

              #7
              Leaving the In-running fee increase aside, Tradesports fees for pre-event is zero. There are no trading fees or expiry fees.

              Therefore you can bet before the game starts at no charge to the punter.
              Comment
              • Santo
                SBR MVP
                • 09-08-05
                • 2957

                #8
                Is that new FV? The pre-game fees were the reason I removed a large chunk of my balance there..
                Comment
                • Santo
                  SBR MVP
                  • 09-08-05
                  • 2957

                  #9
                  Originally posted by jjgold
                  all exchanges like them are a flat out waste of time

                  Go to Pinnacle and bet and it is the same thing long term
                  More absolutely incorrect nonsense from JJ
                  Comment
                  • Fair Value
                    SBR Rookie
                    • 07-05-06
                    • 6

                    #10
                    Santo,

                    That is new as of last Thursday. No fees,commissions, or any other charges for pre-game betting
                    Comment
                    • bigloser
                      SBR Wise Guy
                      • 07-19-06
                      • 787

                      #11
                      It was announced quite a while ago, and posted on their site. Personally I will lose a little on futures contracts, but overall it will mean a huge reduction in commission to me.
                      Comment
                      • Santo
                        SBR MVP
                        • 09-08-05
                        • 2957

                        #12
                        Thanks FV. Will ramp up my activity there accordingly.
                        Comment
                        • fearless
                          Restricted User
                          • 08-14-06
                          • 4950

                          #13
                          Originally posted by Fair Value
                          Santo,

                          That is new as of last Thursday. No fees,commissions, or any other charges for pre-game betting
                          That's good for me.

                          In my opinion, people who win should play there because you don't have to worry about these types of things at tradesports:

                          A) your money being stolen.
                          B) your account being closed.
                          C) your limits being lowered.
                          etc. etc. etc.
                          Comment
                          • natrass
                            SBR MVP
                            • 09-14-05
                            • 1242

                            #14
                            Originally posted by rainbowworld
                            That's good for me.

                            In my opinion, people who win should play there because you don't have to worry about these types of things at tradesports:

                            A) your money being stolen.
                            B) your account being closed.
                            C) your limits being lowered.
                            etc. etc. etc.
                            Bookies that pay people to shill for them on forums make me highly suspicious.
                            Comment
                            • fearless
                              Restricted User
                              • 08-14-06
                              • 4950

                              #15
                              Originally posted by natrass
                              Bookies that pay people to shill for them on forums make me highly suspicious.
                              That's soooo funny because every word of that sentence is a lie.
                              Comment
                              • natrass
                                SBR MVP
                                • 09-14-05
                                • 1242

                                #16
                                Originally posted by rainbowworld
                                That's soooo funny because every word of that sentence is a lie.
                                Explain ???

                                ... I have stated my opinion. Even if it was a lie ... how would you even know it was as you cannot know my opinion until I say it to you.

                                And it actually is my opinion. Shillers like you are a pain and make me suspect the calibre of the said bookie to pay people like you.

                                Therefore, every word of your sentence is a lie.

                                And stop shilling tradebegspunters.

                                You are just making them look crappier and crappier.
                                Comment
                                • tacomax
                                  SBR Hall of Famer
                                  • 08-10-05
                                  • 9619

                                  #17
                                  Originally posted by rainbowworld
                                  That's soooo funny because every word of that sentence is a lie.
                                  So you mean that you write this crap about Tradesports on the forum for free? If so, you may think you're doing them a good deed but in fact you're making them look pretty shady.
                                  Originally posted by pags11
                                  SBR would never get rid of me...ever...
                                  Originally posted by BuddyBear
                                  I'd probably most likely chose Pags to jack off too.
                                  Originally posted by curious
                                  taco is not a troll, he is a bubonic plague bacteria.
                                  Comment
                                  • fearless
                                    Restricted User
                                    • 08-14-06
                                    • 4950

                                    #18
                                    Originally posted by tacomax
                                    So you mean that you write this crap about Tradesports on the forum for free? If so, you may think you're doing them a good deed but in fact you're making them look pretty shady.
                                    I see people complaining about being cheated out of winnings, having their limits lowered, having their accounts closed because they win, etc. I'm trying to help them out.

                                    I guess being good hearted is a crime here?
                                    Comment
                                    • fearless
                                      Restricted User
                                      • 08-14-06
                                      • 4950

                                      #19
                                      Originally posted by natrass
                                      Explain ???

                                      ... I have stated my opinion. Even if it was a lie ... how would you even know it was as you cannot know my opinion until I say it to you.

                                      And it actually is my opinion. Shillers like you are a pain and make me suspect the calibre of the said bookie to pay people like you.

                                      Therefore, every word of your sentence is a lie.

                                      And stop shilling tradebegspunters.

                                      You are just making them look crappier and crappier.
                                      Your sentence:
                                      Bookies that pay people to shill for them on forums make me highly suspicious.

                                      Bookies - tradesports isn't a bookie, it's a trading service

                                      that pay people to shill for them on forums - you have no proof that they pay me to shill for them (or anyone else), what you're implying is a lie

                                      make me highly suspicious - they're not a bookie, bookies that pay people to shill on message boards may make you suspicious but they're not bookies, so what you're implying is the equivalent of a lie.
                                      Comment
                                      • tacomax
                                        SBR Hall of Famer
                                        • 08-10-05
                                        • 9619

                                        #20
                                        Originally posted by rainbowworld
                                        I guess being good hearted is a crime here?
                                        No, it isn't. But trying to promote Tradesports at every opportunity is. And they've hardly got a perfect record, have they? If you want to promote an exchange which won't cancel bets then don't promote Tradeports, because they do.
                                        Originally posted by pags11
                                        SBR would never get rid of me...ever...
                                        Originally posted by BuddyBear
                                        I'd probably most likely chose Pags to jack off too.
                                        Originally posted by curious
                                        taco is not a troll, he is a bubonic plague bacteria.
                                        Comment
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