Another sports exchange slips away

On November 18th, 2008, it was announced that TradeSports would cease operations and expire all open contracts. Tradesports was similar in concept to Betfair but it was run along more typical stock market trading lines, with contracts bought and sold. Like other exchanges and models, I had an account early on with Tradesports but I must admit I never really used them.

It was founded by John Delaney in 2000. Located in Dublin and by 2005 it reported 50,000 members and an average monthly volume of around four million trades. Now they will need to find another home to trade on.

One thing TradesSports did do for me was sell my email address. Each week I now get deluged with tipping services and fast buck systems. Not great, but that said, it is quite amusing to see what I get sent several times a week.