|What do you get when you combine the excitement of sports and the returns on calculated-risk stock trading? AllSportsMarket.com. The new entrant into the online sports betting arena allows sports fans around the world to buy and trade stock on any sporting team or sports event they want 24/7, online.|
The operator reportedly uses professional trading methods and tools modeled on Wall Street, where sports enthusiasts like stock traders can buy or sell stock in a sports team or sporting event.
According to AllSportsMarket.com all the trades are done in real-time with actual cash dividends paid out to the stockholders, and with market dynamics controlled by player's demand on any given issue as they compete for real money.
Company President, Chris Rabalais says AllSportsMarket.com is all about giving sports fans a safe environment to speculate on sports events without the risk of 'losing his shirt', unlike some online sites, offering members to cash in for real money.
Harley Femino, a spokesperson for the website adds that it’s a combination of sports betting, fantasy league play and stock trading.
The company says that members can trade sports such as basketball, baseball, NASCAR, hockey, golf, boxing, with more games being added soon. To draw in customers, the site is offering free membership for the public beta tests, where participants can play with a free anonymous account and receive 500 beta cash dollars for ‘sports trading’.