Tradesports Rating is Wrong

[jjgold]

Shoud be a B

Solid book,change rating or I start trouble

SBR

[tblues2005]

jjgold,

That may change just give them some time on this. I heard they are getting much better so I think the deserve credit for that that here.

[bigboydan]

I do know of one outstanding complaint that is levied against them coach, and it was roughly about 15 months ago. Tradesports mis-graded a prop contract on a North Korea missile wager, and didn't correct when the rules at the time stated the player was right and should have won.

[Art Vandeleigh]

I do know of one outstanding complaint that is levied against them coach, and it was roughly about 15 months ago. Tradesports mis-graded a prop contract on a North Korea missile wager, and didn't correct when the rules at the time stated the player was right and should have won.

Yes, I know there was a long running dispute regarding that contract. But Tradesports doesn't benefit financially by that ruling, do they? They are an exchange after all. The worst thing that happened is that some players won (who thought they may have lost), and some players lost (who thought the may have won). Maybe not too different from an ump making a questionable call in a baseball game.

Also, for the record, following their splitting into Tradesports and Intrade, that type of wager would now be handled by Intrade

[SBR_John]

Thanks for the input guys. When Bill gets back we will take another look at the recent feedback on them.

[prop]

I personally trust TradeSports more than any other book rated in the C range.

[SPECULATOR 13]

Shoud be a B

Solid book,change rating or I start trouble

SBR

JJ,thanks to the advice that you gave me when i first joined SBR i went with TS...thank you ,
i would only given them a A, instead of A+ because of liquidity issues sometimes with the NHL.As Dark Horse said one time if they where to get their act together they would be just as big and great as MB

[Dark Horse]

As Dark Horse said one time if they where to get their act together they would be just as big and great as MB

Not quite. I mentioned that if they hadn't missed their opportunity they could have been where MB is now. But they did miss it.

TS has rubbed a lot of people the wrong way over the years. The last straw for me was when they split into TS and Intrade and offered free easy transfers from TS to Intrade. They failed to mention that, once the money was in Intrade, it couldn't be transferred back to TS. That little detail was only revealed after players realized they had been conned into funding Intrade accounts.

[2Pac]

JJ - just because a book hasn't ****ed you over, they deserve an A+?

Close-minded bastard.

You didn't learn critical thinking in college, did you?

Dumb question -- you didn't go to school.... unless it was one of those Wal-Mart associates degree places.

[Art Vandeleigh]

Not quite. I mentioned that if they hadn't missed their opportunity they could have been where MB is now. But they did miss it.

TS has rubbed a lot of people the wrong way over the years. The last straw for me was when they split into TS and Intrade and offered free easy transfers from TS to Intrade. They failed to mention that, once the money was in Intrade, it couldn't be transferred back to TS. That little detail was only revealed after players realized they had been conned into funding Intrade accounts.

This seems like much ado about not very much.

I now have money in both Intade and Tradesports, and treat them as 2 separate books.

The miscommunication when they were first reorganizing was a one time problem. It would have cost you nothing to withdraw by check from Intrade and re-deposit to Tradesports by personal check (they don't charge fees either way using this method).

[Brooks]

ive had high hopes for tradesports for over 3 years and they have consistently let me down.

i know the people running the place are some of the smartest guys around but sometimes i just dont get it.

i give them kudos for allowing me to transfer a significant sum of money over to matchbook in the past few months, however i am too disappointed that they had an opportunity pass them by in the last year.

i keep enough money there for live betting and feel my money is safe as any A book, however they really dropped the ball when it comes to taking advantage of the current offshore situation.

sorry tradesports, tradebetx, but you guys had what few guys do in this world and you blew it.

[Art Vandeleigh]

I take issue with what Dark Horse wrote earlier, but at least he spoke about something specific. You (Brooks) are just writing in grandiose generalities without backing anything.

ive had high hopes for tradesports for over 3 years and they have consistently let me down.

How have they let you down?

....however i am too disappointed that they had an opportunity pass them by in the last year.

What opportunity did they have and how did they blow it?

...however they really dropped the ball when it comes to taking advantage of the current offshore situation.

What ball did they drop, how in your opinion did they not take advantage of the situation, and what business of yours is it whether they are taking as full advantage as they should. Are you a minority owner (or majority owner?) of the business?

sorry tradesports, tradebetx, but you guys had what few guys do in this world and you blew it.

What did they have, what did they blow, and why are you sorry about it.


I think we who play or played there in the past can all agree that Tradesports before the split was the preferred set-up. But it's their business, and they judged that splitting the financial futures and non-sport prop betting from their sports betting was the way they wanted to go. I liked it the way it was, it's not that way anymore, I got over it. I don't know why others can't accept the new reality.


But best I can tell, the question brought up in this thread is what the new (sports only) version of Tradesports rating should be. What does anything you've written here have anything to do with the issue at hand?

[robzilla]

Tradesports say they accept **********. I tired to deposit with my ********** but it wouldnt go though. I call them up and they said they dont accept my **********. So the amount I tried to deposit was stuck for 3 weeks, til i got it back.

[jjgold]

Volume is not huge but compared to most other books they are safe. Also they hve a sportsbook or exchange/live betting options.

Nice software platform too.

[Dark Horse]

This seems like much ado about not very much.

I now have money in both Intade and Tradesports, and treat them as 2 separate books.

The miscommunication when they were first reorganizing was a one time problem. It would have cost you nothing to withdraw by check from Intrade and re-deposit to Tradesports by personal check (they don't charge fees either way using this method).

The way you word things shows a clear bias towards TS. There is no doubt that players were tricked and you call it a 'miscommunication'. An obvious inconvenience as having to go to a bank, cash a check (money back in US system!), and wire a check 'would have cost me nothing'. It certainly would have cost me a chunk of time, my friend.

TS is run by an arrogant bunch with no regard for the player. Another reason I left is that they kept changing the fee structure to the point where I was tired of having to figure out (the consequences of) what they had cooked up this time. The money is safe. As with every exchange.

[Igetp2s]

The biggest problem with Tradesports has always been low volume.
With 4% commission on all winning wagers, why would anyone take that over Matchbook? Even when they had commission free on pre event wagers, there still wasn't any volume.


Another huge problem is that they've changed commission structures retroactively on futures, changing the odds on trades way after the fact. That is simply unacceptable.

[Bill Dozer]

Another huge problem is that they've changed commission structures retroactively on futures, changing the odds on trades way after the fact. That is simply unacceptable.

That has been a problem. These retroactive changes negatively affect a lot of their customers including their market makers. It's a fragile system. A lot of players expressed that they felt the same way as if a sportsbook changed the vig on a booked bet.

Perhaps TradeSports should listed at B-. I will add this thread to what we have recently received and touch base with market makers and the staff.

[Art Vandeleigh]

The biggest problem with Tradesports has always been low volume.

I don't know how much "low" volume influences SBR's rating of a sportsbook, or how they determine what is "low" enough or "high" enough if it does influence.

With 4% commission on all winning wagers, why would anyone take that over Matchbook?

Betfair charges 5% commission and is rated A+, so I don't believe this alone would influence SBR's rating of Tradesports.

Another huge problem is that they've changed commission structures retroactively on futures, changing the odds on trades way after the fact. That is simply unacceptable.

It may have been a logistic nightmare for them to try to separate the two. This may be a good point of contention as one that could be detrimental to Tradesports rating. I was not personally affected by it. I don't think it was Tradesports intent to benefit, or intentionally hurt their clientel by doing so.


For the record, I want Tradesports to get the rating they deserve. If SBR determines it's A, so be it, if they say it's D+, I want to know that as well, and can decide based on the rating how safe I feel keeping funds there, and how much to leave there.

[Scorpion]

Dumb question -- you didn't go to school.... unless it was one of those Wal-Mart associates degree places.

do they offer courses on the internet??