Sports Tradex currently has contests for Major League Baseball and the NFL, but certainly will rollout in all major sports.

FORBES: Scramble For Cutting Edge Fan Participation Continues

Sports Tradex, founded by Houston based CEO Benjamin Lipson is a virtual futures market or stock market for teams and players.

FORBES: Scramble For Cutting Edge Fan Participation Continues

For example, the Sports Tradex market gives the 49ers a 65% of winning the Super and the Ravens a 35% chance.

FORBES: Scramble For Cutting Edge Fan Participation Continues

Tradex has not been shy about suing funds.

FORBES: Russell Abrams' Hedge Fund Accused of Fraud Amid Losses of 70%

Tradex Global Advisors is the Greeenwhich, Ct.

FORBES: Russell Abrams' Hedge Fund Accused of Fraud Amid Losses of 70%

According to the complaint filed by Tradex, 2010 started badly for one of the share classes of the Titan Global Return Fund, which posted at 12% decline in March that Abrams explained was due to overexposure to the market moving higher on extremely low volatility.

FORBES: Russell Abrams' Hedge Fund Accused of Fraud Amid Losses of 70%