Matchbook

FREE BETS & BOOKMAKER REVIEW

Matchbook
Rated 4.0 out of 5
from 12 reviews
by olbg.com members

A Potential Rival To Betfair's Exchange Monopoly

by TheKnow, Newcastle upon Tyne, 27 November 2014

I recently took up Matchbook's offer of a £50 Risk Free Bet, and was pleasantly surprised by my experience. I'm a frequent Betfair user and have looked at other exchange firms in the past, finding their markets holding little liquidity or having a shocking book percentage. If I'm honest, I was expecting something similar with Matchbook but it was quite the opposite. The market I chose to bet in was the Handicap market of an NBA game. Washington Wizards were +1.5pts to beat Cleveland Cavaliers, and Matchbook's Back price was 1.952 with £1,291 available. I compared that to Betfair's Back price, which was 1.92 with only £15 available. Matchbook's commission is only 1%, again bettering the opening commission of Betfair's 5% and as 10/11 was the best price available with the bookmakers, Matchbook were standout best here. I wasn't able to place the full £50 on this selection, as you have to leave enough in your account to cover the commission if the bet loses. That may sound complicated to less-experienced exchange players, but the system is very good and tells you the exact figure you can use without going over your available balance. The commission rate on losing bets is also only 1% and will workout more profitable over time, assuming you do actually back the occasional winner! The lay market for the same game was a similar story, with £5,719 queuing up at 1.981 and only £174 at 2.02 on Betfair. The only real negative I found with Matchbook, was their lack of markets for events in comparison to Betfair. Overall, I've found Matchbook to be very competitively priced in the markets they do bet on, and as it's low commission and there's high liquidity essential for big punters, they're definitely a firm I will continue to bet with and highly recommend.

WHY JOIN Matchbook?
  • Back and Lay options on the exchange.
  • Regularly best priced on a huge range of sports.
  • Lowest commission in the industry.
  • Huge liquidity available on markets.
  • Wide range of In-Play events.
Matchbook SPORTS & MARKETS
  • Matchbook offers a wide range of sports to bet on from Soccer to cricket and major American sports such as Pro Football, Basketball, Baseball and Hockey.
  • Matchbook also offers markets on current events such as X-Factor, major Presidential elections and The Oscars.
  • Huge range of In-Play markets on the biggest sports.
  • Matchbook regularly offers users 0% or 0.5% commission on sports such as soccer, tennis and basketball.
Matchbook SERVICE
  • Matchbook deposits and withdrawals are quick and easy with no fees involved.
  • Live chat available should you have any questions.
  • Extremely easy to sign up.
Matchbook EXTRAS
  • Matchbook regularly offers users 0% or 0.5% commission on sports such as soccer, tennis and basketball.
  • Back and Lay options on the exchange

Matchbook FREE BETS & BOOKMAKER REVIEW

CHECK WHAT OTHERS SAY ABOUT MATCHBOOK AND WRITE YOUR OWN REVIEW

Showing 1 to 10 of 12 Reviews Show All Reviews Most Recent Most Helpful
  • TheKnow
    TheKnow, Newcastle upon Tyne, 27 November 2014

    A Potential Rival To Betfair's Exchange Monopoly

    Rating 4

    I recently took up Matchbook's offer of a £50 Risk Free Bet, and was pleasantly surprised by my experience. I'm a frequent Betfair user and have looked at other exchange firms in the past, finding their markets holding little liquidity or having a shocking book percentage. If I'm honest, I was expecting something similar with Matchbook but it was quite the opposite. The market I chose to bet in was the Handicap market of an NBA game. Washington Wizards were +1.5pts to beat Cleveland Cavaliers, and Matchbook's Back price was 1.952 with £1,291 available. I compared that to Betfair's Back price, which was 1.92 with only £15 available. Matchbook's commission is only 1%, again bettering the opening commission of Betfair's 5% and as 10/11 was the best price available with the bookmakers, Matchbook were standout best here. I wasn't able to place the full £50 on this selection, as you have to leave enough in your account to cover the commission if the bet loses. That may sound complicated to less-experienced exchange players, but the system is very good and tells you the exact figure you can use without going over your available balance. The commission rate on losing bets is also only 1% and will workout more profitable over time, assuming you do actually back the occasional winner! The lay market for the same game was a similar story, with £5,719 queuing up at 1.981 and only £174 at 2.02 on Betfair. The only real negative I found with Matchbook, was their lack of markets for events in comparison to Betfair. Overall, I've found Matchbook to be very competitively priced in the markets they do bet on, and as it's low commission and there's high liquidity essential for big punters, they're definitely a firm I will continue to bet with and highly recommend.

  • TheGamblingGuru
    TheGamblingGuru, Bristol, 27 July 2017

    An Improving Exchange

    Rating 4

    1 out of 1 people found this review 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!

  • rjholland
    rjholland, Truro, 13 December 2014

    Not The Finished Article But Promising

    Rating 3

    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.

  • Definitelynotanot
    Definitelynotanot, Bacau, 13 December 2014

    Safe Environment For Betting

    Rating 3

    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.

  • stan2179
    stan2179, derby, 04 December 2014

    Matchbook

    Rating 5

    just opened a matchbook account as wanted a bit of completion to my betfair account. found matchbook a very good alternative with plenty of markets to get stuck into and good completion on prices. will continue to use them as competition to betfair.

  • maggiegrace
    maggiegrace, whitley bay, 30 November 2014

    Needs A Makeover

    Rating 4

    on opening my account i was alarmed at it being suspended after making a deposit upon waiting two days for i.d verification i was up and running the things i found annoying were the long decimal prices and the auto pop up betslip with twitter feed luckily this can be switched off things i found disappointing - no horse racing markets and only premiership and championship betting on the english football markets however more importantly plenty of money on all the markets even overseas sports and of course the 1% commission which as a budding arber makes matchbook my prime exchange

  • pasqdek
    pasqdek, Mitcham, 23 November 2014

    Sure Bettor? You Must Use Matchbook

    Rating 5

    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

  • infinite
    infinite, Bucharest, 16 November 2014

    A Must Have For Professionals

    Rating 5

    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.

  • adamross
    adamross, Liverpool, 16 November 2014

    Good Addition To The Exchange Portfolio

    Rating 4

    1 out of 1 people found this review helpful

    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.

  • BlubberBoy
    BlubberBoy, Southampton, 13 November 2014

    Good Safe Exchange Site

    Rating 4

    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.