To help grow users of the site the Matchbook Exchange have an industry leading sign up offer.
The Matchbook free bet of £10 has just been launched, if you are ready to open your Matchbook betting exchange account then click on the links below.
Please make sure that you read through the terms and conditions of the Matchbook free bet/bonus/promotion offers prior to joining the exchange.
There is no specific Matchbook Bonus code, but you can get the advertised Matchbook offer by using any one of the links.
Matchbook has a very agreeable minimum deposit of £5 generally, with the exception being Neteller where £10 is the minimum
e-Wallet solutions, credit and debit cards can be used to deposit to Matchboook
Matchbook withdrawals will usually have to be made to the same method used for the last deposit.
If you are looking for Matchbook Deposit bonus, check the section on all main offers above
Please the Matchbook website for further details.
Matchbook is a newish betting exchange which is proving popular with OLBG users as an alternative to Betfair, largely due to low Matchbook commission rates.
There is no specific Matchbook Bonus Code, but you can use the link below to qualify for the current Matchbook sign up offer.
The Matchbook Exchange prides itself on being a growing betting exchange community and wants to drive forward with cutting-edge technology, and a focus on rewarding the customer.
Read on for the Matchbook review and Matchbook sign up offer.
As a new account holder, you can take advantage of one of the sign-up offers, which can be the most generous of all the betting exchanges.
To take advantage immediately click a link, or if you want to know more about opening a Matchbook betting account, read on.
Pay no commission here
Matchbook are marketing themselves as low commission exchange, and currently offer 1.5% net win on Horse Racing.
When you place bets on horse racing markets you will only pay 1.5% commission if you make a profit.
If you compare this percentage to other exchanges then if you win regularly on the horses you would be wise to check out the matchbook website or app.
You can't help to be impressed with that deal right now.
There have been few, if any, real competitors with Betfair for the betting exchange market.
BetDaq has been around almost as long but have never really been a serious first choice or competitor and the addition of the Betfair Sportsbook only strengthened their hold on the #1 spot.
The Matchbook Exchange have some serious plans to infiltrate and grab a good share of the trading market, and their product is looking good, with their unique commission rate promotion something that is grabbing people's attention.
Liquidity is nothing like Betfair but there is enough there with the zero commission to find value in your exchange betting
Matchbook are a medium sized exchange looking to grow, their Modus Operandi is to grow liquidity on core sports, and then we expect add more sports to their exchange.
Once that has been achieved they will add further markets, the Matchbook focus is customers so they can add liquidity.
On checking a recent midweek EPL game a couple of hours before kick-off they had 25 markets and a turnover of: $368,832 whilst on Betfair they had over 100 markets and a turnover of well over a million pounds, so there is a way to go, but Matchbook should be able to match most bets on big events.
There is no matchbook bonus code as such.
The current matchbook sign up offer is displayed in the banners on this page, by clicking one and opening an account you support OLBG and our ability to bring you the latest Matchbook offers and updated reviews of new features as they arrive.
At the time of writing the exchange is offering an excellent and award-winning matchbook podcast.
Featuring Racing TV presenter Tom Stanley, it is an informative racing and betting preview.
The podcast is available on SOUNDCLOUD, ITUNES, ANDROID and RSS.
Details of the current sign up offer are shown on this page.
We have a review of the matchbook app and mobile offering below
The Matchbook app has been reviewed quite favourably on the Google Play store but on the App Store, the users have been much less positive about the Matchbook mobile betting app.
|Rating 2.00 out of 5|
The Android version is very well thought of and has generally been reviewed positively, however on iOS it seems the app doesn't operate half as well. Most reviewers seem to think it is a pretty poor product.
For all versions of the Matchbook app, many reviews suggest that recent improvements have been a big help so it is probably fair to say it is better than many of the older reviews give it credit for.
On all devices, the Matchbook betting app is easy to find, download and install. In a minimum amount of time, you'll be betting with Matchbook on their app.
Matchbook doesn't necessarily always have a sign-up offer, generally, they prefer to offer periods of 0% commission. When doing so that offer is available for customers who open their Matchbook account through the mobile app.
On the Matchbook App, you get access to all the usual Matchbook features such as the ability to back and lay all selections. Plus if you fancy a casino flutter you can play their games for huge jackpots.
Matchbook doesn't currently offer live streaming, either through their website or their app. We hope they can add live streaming to their website in the near future allowing them to add it to their app also. We think they'd get even better reviews if they went down this avenue.
Matchbook doesn't have a simple cash-out option but as you can both back and lay you are able to lay off any bet you like on the app. This effectively gives you a cash-out option on the app although it is not quite as simple a process as with some other bookies.
This newest exchange has overtaken Betfair in the back-lay sure bets markets. True, it does not cover all the sports yet, it offers less varied market selections and charges commission even on losing bets. But, at 1% it is still very competitive rate compared to 5% of betfair and other echanges. It offers much bigger liquidity from the start of the market opening. Additionally, it does offer very good prices for Lay markets that allow for decent 3-5% sure bet profits. Day in day out. If you are used to the betfair interface you will find it a bit tricky at the beginning to use Matchbook but eventually you will find it works just fine. There are a few annoying quirks but they are being chiseled out and from week to week it becomes an ever more important tool in a serious gambler's portfolio. It is still a new player on the market but I highly recommend using it as much as possible for bigger profits
Matchbook is owned by one of the biggest sports bettors in the world. It is a place where professionals with big bankrolls bet. Their license makes them a safe place to bet at and the transactions are handled quite fast. They have turned into a real competitor in the industry as their liquidity allows bettors to match bets on the major markets at around the same limits found at pinnacle sports. As an exchange, their commission is applied for every bet placed, so it is not an ideal platform for traders. Their site can also be disappointing at times, but most of the times this is where the best odds can be found, so it is a must have for every punter who aspires to be a professional. Try them out and you will see for yourself.
quite clearly and simply. good offer leagues and good value odds. For now ok.
I find Matchbook an extremely useful Exchange Betting Account to hold. The prime benefit is the market leading commission rate of 1%. Beware that commission is taken out whether your bets win or lose - and that can take a little getting used to - especially if you are betting to large stakes when your losing bet can have further losses that you need to factor in to your accounts. However, once you get used to this, it is easy enough to quickly adjust your bets accordingly. Again, for those making significant bets, the difference between paying 1% and 5% commission is huge - so the potential benefit of using Matchbook should be considered. What then of reliability, look and feel and liquidity? I have found some slow response times when connecting via a laptop through Internet Explorer maybe Chrome or other browsers are better? However, I have never encountered a problem via the Matchbook Mobile App. I find the look and feel and ease of use of the Matchbook Site to be very good and I haven't yet encountered any reliability issues. It seems as least as robust as the competition. I am principally interested in liquidity for the major markets for Premiership and International Football matches WDW. The liquidity here is excellent. However this is not so good for the Correct Score Markets. For those that bet on Tennis and American Sports, again the offering is very good and there are often reductions on the already very low commission rates. The other principal sport on which I bet is Horse Racing. Unfortunately, Matchbook does not currently offer markets here, although I have read that they plan to introduce this in time for Cheltenham 2015. All in all then, I would recommend everyone to open a Matchbook Account. There is a fairly modest opening offer - but the benefits are principally longer term with the low commission. On the key markets in which they operate, they have the edge over the other Exchanges and they are a useful addition to the Punters Armoury.
1 user found this helpful
For those unfamiliar with how a betting Exchange works, Matchbook provide a platform for customers to bet against each other rather than a traditional bookmaker where you are betting 'against the shop' Therefore they actively encourage winning bettors and even have an insights section with loads of educational articles on how to become a bettor gambler! They now have Horse Racing too which seems to have taken over as their most popular offering as well as Soccer, Tennis, US Sports etc. Their soccer markets have improved massively over the last few years with live offerings on a huge selection of leagues on top of lots of additional handicap/total markets. In terms of pricing, I have followed them on odds comparison sites and they frequently tend to be best priced, shopping around is definitely worth it as we all know. The sign up offer they have in place is pretty useful too, essentially commission free bets for the first 5 weeks which all adds up! Even after the 5 weeks their commission structure is about 1% which is a lot less than the likes of Betfair and Betdaq. Slowly but surely they seem to have become the main rival to Betfair and with Betfair having taken their foot off the gas with their Sportsbook I can see Matchbook going from strength to strength!
1 user found this helpful
Nice and easy to use. And a good opening offer. I just wish the minimum bet value was lower. Generally impressed though as this site represents good competition for Betfair.
The first time I remember seeing the name Matchbook was on Asianconnect's page. Because this brokerage firm offers only good to very good options to place bets, I consider that a plus for Matchbook. The fact that I was required to verify my identity through documents before making a deposit made a good impression for me, and is something I remember seeing only at Pinnacle. The majority of companies don't have the decency to ask for verification before you deposit funds. They do it only upon a withdrawal. Customer support seemed nice, and the verification e-mail with the approval was sent within ten minute after sending my scanned copies. The fact that they have their own "gravity" or personality with the lowest commission in the industry is great. They should strive to get more exposure through publicity though, because that would add more liquidity for all Matchbook customers. For example, why not make a promotion for new players that will give them ten or more days with 0% commission to try the exchange. Ten or more days to use the exchange with 0% commission and then get the lowest commission in the industry sounds more attractive than just the last part. The word would spread out among users from other exchanges and a lot of people would try it I think and remain to add more liquidity. The main problem with Matchbook is that there are only the mainstream markets to use. I couldn't find Italian Second Division for example. So they should really try to add more markets in the future. I like Matchbook overall, and I think it's a safe environment to be betting on sports, which for me is the number one requirement. For example, when they exited the US market some years ago, they made sure to pay the balances for all US customers. I would rate Matchbook 3.5 stars, but 3.5 is not allowed here so I will stay at 3 stars to try and remain objective. As a comparison, I would rate 5 stars only Sbobet and Pinnacle.
I was a bit sceptical at first but they seem to be quite promising. They have a smooth website, which is quite easy to find your way around particularly if you are used to Betfair. Most of the major markets have a fair amount of liquidity too, which I was actually quite surprised about, although some of their minor markets are shallow and others are very slow to form. Their selection of markets is OK, although they are missing some standard markets, i.e. their range of rugby union bets is limited. They also do not currently offer horse racing, which will be a big negative for many punters. The 1% commission is a good bonus though and I shall be checking their odds before I place any bets on the exchanges from now on. Settlement so far has been almost instantaneous, but I can’t speak for their withdrawals, although they do seem to insist on the ID checks that are commonly annoying among certain bookies. They do not seem to be the finished article yet given the lack of some key markets and overall liquidity, but anything that challenges Betfair’s monopoly of the exchanges is good in my opinion. So as more people start to use Matchbook hopefully the liquidity will grow and the range of markets will expand. I’ll be keeping a close eye on them now and in the future.
I'm not a regular user on the exchanges but with an attractive opening offer on enhanced odds I gave it a go. Site seems OK in general but I don't like the high minimum that needs to be used as a deposit 18.87 I believe and also found the number of markets limited to only a handful of the top games within the football section. The beauty of Betfair for me is that as well as the exchange I can also place an accumulator should I want to, which as far as I can see isn't possible here. With all that in mind, in its current state I won't look to use Matchbook going forward.
None of our users rated this as 1 out of 5 stars.
Matchbook are now offering an industry low commission rate of 1.5% Net Win on Horse Racing.
When you place bets on horse racing markets you will only pay 1.5% commission if you make a profit.
If you make a net loss, you will not pay any commission.
Net Win Commission is calculated as follows
Matchbook new account opening procedure in 5 simple steps.
Remember to always keep your matchbook new account password and memorable answer secure.
Make sure you check the Matchbook free bet terms and conditions.
If you take a look at the reviews of Matchbook from OLBG members you can see they are overwhelmingly positive.
Members seem to like that a company is offering an alternative to Betfair +, of course, the matchbook commission being so low.
..for those making significant bets, the difference between paying 1% (Now 0%) and 5% commission is huge - so the potential benefit of using Matchbook should be considered.
Just opened a matchbook new account as wanted a bit of competition to my Betfair account. Found matchbook a very good alternative with plenty of markets to get stuck into and good competition on prices. Will continue to use them as competition to Betfair
On bigger sports there doesn't seem to be an issue, especially in the 30 minutes before the events start. Smaller sports are still building.
No, the one account covers all your activity on Matchbook.
You can back and lay and spin the roulette wheel from the same Matchbook log in.
Matchbook permits deposits from Visa and Mastercard credit/debit cards, + Paysafecard, Neteller and Skrill.
N.B Withdrawals cannot be processed to Mastercard due to banking restrictions.
Most of us know that when we back something we are backing it to win the match or the race, but What is a 'lay' bet?
With your matchbook new account, you can bet for something NOT to happen, in other words bet against something happening.
For example, laying Manchester United NOT to win the match or NOT to win the EPL.
You are betting against Manchester United, you can win cash just by laying Manchester United or any team you like.
Matchbook new account holders may want to place a bet at a particular price.
Let’s say you wanted to back Barcelona to win the Champions League, the bookmakers have Barcelona at the following price:
Bookmakers: 5.0 (4/1).
On the matchbook exchange the price is:
Matchbook: 5.5 (9/2).
But you think both those prices are a bit skinny and would like a minimum of 6.0 (5/1).
You can place that Matchbook bet hoping another customer will take your bet.
Your bet will remain unmatched until another customer matches it.
An unmatched bet is one where, for whatever reason, there is no matchbook customer willing to match against your Barcelona bet.
Unmatched bets will remain in the market as offers, until they get matched, you decide to cancel them, or the matchbook market closes.
If you were to keep asking for better prices, and getting these better prices matched, you are well on your way to making bigger profits
(+Matchbook Commission rates means you pay less in commission).
You decide that you want to back (bet for) Liverpool to win the EPL at the start of the season. Liverpool are 14.0 on Matchbook.
You think that Liverpool offer good value and put £10 on Jurgen Klopp's team
They get off to a flyer winning their opening 3 games easily, the price for Liverpool to win the EPL has now reduced to 9.0.
You can now lay (bet against) Liverpool at 9.0 and have a Matchbook free bet on Liverpool.
You can lay £10 on Liverpool and will only pay out £90 if they win the EPL but remembering that you stand to win £140 if they do win the EPL.
You have a Matchbook free bet and cannot lose any money.
If Liverpool continue doing well you can lay them again to guarantee yourself a profit – win or lose.
Just divide the total amount you will win by the new lay price to calculate your lay stake.
With a matchbook new account you can back/lay/trade to maximise your returns.
OLBG members have given the Matchbook Exchange positive reviews and I tend to agree with them, have a read yourself.
Having the ability to back and lay selections in the 21st century is a must for the savvy punter, as is the function to ask for bigger prices.
We all want the best prices, well just ask for a price on Matchbook and say Betfair and see which of your bets are matched first, then cancel the other one.
If you beat the odds regularly by having a Matchbook account then it really is a no brainer in opening an account with them.
Add in the most popular markets and the ability to bet in play at value prices and low commission, and you have an exchange that will fit neatly into anyone’s list of accounts,
Click below to check out the Matchbook Exchange for yourself.