TradeSports was incorporated as TradeSports Exchange Limited in Dublin, Ireland in 2002. The Allied Irish Bank provides banking facilities. They have been mentioned in numerous articles in publications worldwide such as Forbes.com, Business Week, New York Times and the Financial Times. Like other betting exchanges, they offer reduced fees compared to sportsbooks and fees are only paid when you win.
Deposits can be made by creditcard, bank transfer, NETeller PrePaidATM or USD checks. All deposits are free of any charges which is a bonus in itself. You can make two withdrawals in any 30 day period for free (excluding bank transfers and PrePaidATM). Best to read their rules to ensure you avoid the charges if possible. It's fairly easy if you just use one of the other methods and don't wihdraw too often. No problem really.
Their fees are a flat USD0.04 per lot and a lot is the smallest quantity of each contract that may be bought or sold. Also known as the minimum contract size. Your trade may comprise more than one lot. The size of each contract's lot is defined in the Sports Rules and Contract Specifications to be found by clicking on the relevant contract symbol on the site.