Inside the Trading Room

The latest and greatest news, articles and thoughts from the Sporttrade team.

In The News

Part II: Sporttrade CEO On How The Gambling Industry Stifles Startups

The gambling industry is heavily regulated. It has a seedy reputation that has carried over from Depression-era mobsters. At their best, strict gambling regulations protect bettors from those criminal elements that gave gambling its bad reputation. They prevent money laundering at sportsbooks and enforce transparency from casinos. In many ways, these regulations legitimize gambling in a way that would’ve been unheard of in the 1920s. 

However, the trade-off for strict policies is reduced competition and less innovation. Even in states where gambling is allowed, there are strict rules about where casinos can be built and how many sportsbooks can operate in-state. Those are major barriers to entry that make it difficult for startups to launch. 

Launching throughout 2022! Sign up today to be
 the first to start trading your sports bets.

Recent Posts

Why I've Decided to Stop Betting and Start Trading

Blogs

Why I've Decided to Stop Betting and Start Trading

When we see a listed total above 5.5 goals for a game, we’re going to take the Under.

Blogs

2022 NHL Playoffs: Why Betting Unders is a Stanley Cup-Winning Strategy