IBKR Sports Betting

Discussion in 'Retail Brokers' started by Fain, Jul 1, 2019.

  1. Fain

    Fain

    Complete curveball today with IBKR launching a simulated sports bettings exchange. New clients can get up to $1,000 in free trades if their demo sports account does well.

    https://business.financialpost.com/...ractive-brokers-group-announces-bet-learn-win

    "Play our simulated sport betting game for a chance to win $1,000 in free commissions from Interactive Brokers. Trade sports bets just like stocks and learn about probability."
     
  2. April fools?
     
  3. Oh its a marketing thing.
     
  4. Will be interesting to see where this leads. Teaching probabilities and the relationship to trading is a good thing.
     
  5. Overnight

    Overnight

    Gambling is the not the same thing as trading. Petterfly should be ashamed.
     
  6. That's really interesting. But can you withdraw the money that you have won from the free bets? I guess no.. That's just marketing and nothing more. Unfortunately, There is nothing for free nowadays
     
  7. I am sure that you can't withdraw anything, beceause I have a lot of experience in gambling and betting. I have played on many different casinos with good reputation from casinoluck.ca, and I can say that many of them have a lot of really "Cool offers" with free bets and so on, but it's almost impossible to withdraw these funds. They are just trying to attract some new players.