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What the fukk is wrong with matchbook?
All the info on their site is out of date. They don't even do commission credits anymore and accepted offers are charged 1% but posted offers that get accepted are 0.2%, no??
It would take 2 mins to update site but has info that is almost a year old ??
Guys lets get some cash together, buy matchbook, and make it run for the players by the players
[Of course matty will be CEO and paid 7 figures a year]
Matty, it would be great if you did takeover the operations at Matchbook................
FH how much capital would it even take? 5k??
WTF are you on about?Originally Posted by mathdotcom
not charging commission credits is surely a positive?
you are charged 1% for accepting and 0.5% if your offer is matched
this is from their site today:
If you post an offer and another customer matches your bet, you will be charged 0.5% commission. Conversely, if you match another customers offer, you will be charged 1% commission. This commission rates is then applied to the win amount on winning bets, or the lesser of the stake or potential win amount, for losing bets. A full explanation of our commission rates is available here.
Last edited by Hareeba!; 01-20-12 at 06:57 PM.
BetFair does more volume on one horse race each day than matchbook does in a week on all all sports
Place is run by hamburgers
All Pros at betfair
Hamburgers is way way to kindBetfair does more volume on one horse race each day than matchbook does in a week on all all sports
Place is run by hamburgers
All Pros at betfair
Have you ever seen any place with so much potential be run into the ground with both old and new ownership
They used to (not sure about now) only have 0.2% for accepted offers for MLB and were higher for other sports.
Last edited by MonkeyF0cker; 01-20-12 at 08:27 PM.
Umm. Commission credits are transaction fee credits that pay your commission on winning wagers.
I know that but they used to come out of your deposits. I don't think they use that system any more which surely is good news?
It's NOT a good thing for high volume players if they increased commission and did away with commission credits. I highly doubt that they reduced their overall takeout.
Sad to see such low volume
mathy posting some great numbers and theyre just sitting there
Seems that Matchbook's days are numbered.
yes, that's the way exchanges work ... they sit there until someone matches them ... as happens with my bids every day
You obviously don't understand the commission credit system which used to be in operation.
You were only getting back what they took out of your deposits in the first place.
they will take off once they introduce more currencies and start advertising in Europe and Asia
No. You obviously don't understand elementary mathematics.
You don't lose anything with commission credits as long as you USE your commission credits.
If they no longer give commission credits but instead have higher commission rates, their takeout is higher.
Pretty simple math.
The commission credits are/were a totally separate issue to commission rates. I've made no comment on the commission rate issue in this thread. In other threads I've criticised the levying of commission on every wager rather than net market result.
I never said anything to suggest you lost your commission credits unless you didn't make enough to get them credited back.
Are you seriously trying to say that you would prefer to have a deduction from your deposits held as commission credits until (if) you earn them?
As opposed to higher commission? Fuk yes, I would.
Are you dense?
FFS!
leave the commission rate issue out of it for a while ... it has absolutely nothing to do with the commission credit system as such, which it seems you'd like to be reintroduced
Anyone else who's used Matchbook prefer to have the commission credits deducted from their deposits?
You have horrible reading comprehension and/or mathematic aptitude. As I said above, "I highly doubt that they reduced their overall takeout."
That means I'm pretty certain that if they eliminated commission credits that they increased commission rates. Matchbook wasn't unloaded last year because it was a money pit.
Catching on yet, champ? It's only taken 14 times to explain it to you.
It is YOU who is failing to comprehend this issue.
The commission rates were changed not long after the new ownership took over.
THE COMMISSION CREDITS SYSTEM STAYED IN PLACE FOR SEVERAL MORE MONTHS.
Very different issues.
Sure I'd prefer lower rates but that's pretty unrealistic. They are the lowest in the business as it is.
Sure I'd prefer not to pay on every trade but on net market result but that would most probably mean a slightly higher commission rate.
None of that has anything to do with the commission credits system which used to operate (and seems to have been discontinued). The commission credits system was only a cost to losers who didn't generate enough commission charges to recover the amount deducted from their deposits.
Hareeba
Take some of my action here
mathy offering better than pinn.. play with mathy
They are not different issues, genius. They are both takeout.
They raised commission and eliminated commission credits? Gee. Thanks for proving my point. And I believe the original post by Mathy asked about both. Did it not?
Commission credits are pretty much a non-issue for advantage volume players. Higher commission is an issue for everyone.
I think I've only said that 27 times now.
OMG it's like trying to explain something to a baby with ADHD!!!!!
Ignorant delusional what else?
Here. Read my post SLOWLY. Then read your reply SLOWLY. Now tell me how much of an idiot you are.
Cheers.
I've been telling you from the first post that commission credits were a non issue!
YOU were the one trying to link it in with commission rates.
But YOU would be the only one who thinks it's better to cop a deduction from your deposit to be held as commission credits pending incurring commission.
Nowhere have I argued against the notion that higher commission rates affect everyone.
So god only knows WTF you are arguing about.
And, btw, you can't count
Well. As I stated 48,924 times, in order to remove commission credits, they needed to increase commission. They both contribute to takeout. That leads to the comment made about removing commission credits NOT being a good thing. This really isn't that hard to comprehend. Seriously. I thought I could accomplish it in a two sentence post but apparently not.I've been telling you from the first post that commission credits were a non issue!
YOU were the one trying to link it in with commission rates.
But YOU would be the only one who thinks it's better to cop a deduction from your deposit to be held as commission credits pending incurring commission.
Nowhere have I argued against the notion that higher commission rates affect everyone.
So god only knows WTF you are arguing about.
And, btw, you can't count
Sometimes I forget that I'm on SBR.
Monkey give us a winner
Bucks +6
I got +5.5 is that ok?
It's a lock. I promise.
i told you... good enough you fukk !!
Haha. Nice.
Guys 80% of the money in the pools their is seeded by matchbook
They do not have many active players
Whatever.
Who really knows?
I don't really care who's money is matching mine so long as it is at the best odds available anywhere.
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