How safe do you think your $$$ is at Matchbook ?

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  • Sam Odom
    SBR Aristocracy
    • 10-30-05
    • 58063

    #1
    How safe do you think your $$$ is at Matchbook ?
    Compared to CRIS or GREEK

    100%

    80%

    60?
  • LVHerbie
    SBR Hall of Famer
    • 09-15-05
    • 6344

    #2
    I'm not sure how you could assign an exact percentage but I would definitely put it below 100% in comparison to Cris or Greek and, I would guess, that the difference is probably pretty small... One would think, since they are an exchange, that as long they don't abuse their cash holdings that balances should be safe...
    Comment
    • Sam Odom
      SBR Aristocracy
      • 10-30-05
      • 58063

      #3
      IMO , 70 %

      I pulled out a lot from MB 6 wks ago. I transferred a good bit back last week. Just me
      Comment
      • pags11
        SBR Posting Legend
        • 08-18-05
        • 12264

        #4
        95%...problem for most players isn't getting money out of Matchbook but getting it into Matchbook (bankwires are a pain for U.S. players)
        Comment
        • Scorpion
          SBR Hall of Famer
          • 09-04-05
          • 7797

          #5
          Feel much safer at CRIS or GREEK
          Comment
          • ZetaPsi808
            SBR Posting Legend
            • 09-18-08
            • 12119

            #6
            anybody know what year matchy started in business?
            Comment
            • mbynwa
              SBR High Roller
              • 12-23-08
              • 181

              #7
              I often have 4-5 figures in Matchbook and have not thought once that it might not be safe.
              Comment
              • Kaps
                SBR MVP
                • 09-09-06
                • 3272

                #8
                i think your in good hands
                Comment
                • THEGREAT30
                  SBR Hall of Famer
                  • 10-04-08
                  • 8970

                  #9
                  About as safe as they are at WSEX, IMO.
                  Comment
                  • PureGuava
                    SBR MVP
                    • 04-26-08
                    • 1294

                    #10
                    never played there yet
                    Comment
                    • JBC77
                      SBR MVP
                      • 03-23-07
                      • 3816

                      #11
                      Feel safe at Matchy.
                      Comment
                      • aceking
                        SBR MVP
                        • 09-07-05
                        • 4782

                        #12
                        if WSEX is not stable , Matchbook will be affected too .

                        how can a withdrawal takes months ???
                        Comment
                        • Johnny 55
                          Restricted User
                          • 05-16-09
                          • 1079

                          #13
                          Perfectly safe. They send check that cost $9 in 3-4 days. Never had anything but professional dealings with any of their people. First class organization.
                          Comment
                          • Nicky Santoro
                            SBR Posting Legend
                            • 04-08-08
                            • 16103

                            #14
                            i hope they're safe cause i intend on leaving a decent amount in there for a while. but you never know in life.. bigger name books have gone down in the past.. so anythings possible..i pray they never go down cause i will never bet offshore again if i lose matchy. we need matchy.. betting into 10 cent lines in baseball will never be good again after having got spoiled with 3 cent lines or better..

                            how can i ever bet again into a 10 cent line in bases after that.

                            but i will lower my balance there and never have what i had there a few months ago again. i have to be more cautious.
                            Comment
                            • miektheman
                              SBR High Roller
                              • 09-09-09
                              • 122

                              #15
                              why do you need to be more casutions nicky?
                              Comment
                              • Nicky Santoro
                                SBR Posting Legend
                                • 04-08-08
                                • 16103

                                #16
                                Originally posted by miektheman
                                why do you need to be more casutions nicky?
                                mikey, what do you mean by Casutions? what are casutions?

                                oh, if you meant cautious, i meant to keep less money there than before cause you never know offshore.. anything can happen. i've been stiffed by books that were bigger than The Royal Bank Of Canada..

                                i will lower my risk by lowering my balance at matchy by a bit. not saying they are not good, but i just want to play on the safe side after that whole WSEX fiasco..
                                Comment
                                • Richkas
                                  SBR Posting Legend
                                  • 02-03-08
                                  • 19396

                                  #17
                                  How can anybody leave a large balance in there after the WSEX complaints is beyond me.
                                  Comment
                                  • username474
                                    SBR Sharp
                                    • 01-09-09
                                    • 480

                                    #18
                                    Their overhead can not be as high as most high volume books. And their risk is 0% , if they had nothing to with WSEX I am sure no would think twice about them. I feel very comfortable with them but still should make more withdrawls.
                                    Comment
                                    • nitzantal
                                      SBR Hustler
                                      • 04-18-06
                                      • 61

                                      #19
                                      Originally posted by username474
                                      Their overhead can not be as high as most high volume books. And their risk is 0% , if they had nothing to with WSEX I am sure no would think twice about them. I feel very comfortable with them but still should make more withdrawls.
                                      I agree with that 100% - they dont have to employ expensive lines managers to maintain their lines which makes the operation os much simpler.

                                      the million $ question is how the demise of WSEX is going to effect them?
                                      Comment
                                      • rm18
                                        SBR Posting Legend
                                        • 09-20-05
                                        • 22292

                                        #20
                                        Are book transfers out of matchy are still being done quickly?
                                        Comment
                                        • Nicky Santoro
                                          SBR Posting Legend
                                          • 04-08-08
                                          • 16103

                                          #21
                                          Originally posted by rm18
                                          Are book transfers out of matchy are still being done quickly?
                                          the weird thing is that 5 min ago, i had 10k transferred to a book and it was done in 1 min..way faster than usual.

                                          so i don't know what to think here. not saying go ahead and send them $$, but it was not a bad sign.
                                          Comment
                                          • yellowman
                                            SBR High Roller
                                            • 03-23-09
                                            • 168

                                            #22
                                            If Matchbook ever goes down I am done with offshore gambling period end of story...unless BetMaker takes off and reduces their commissions a little...
                                            Comment
                                            • Matt Rain
                                              SBR Hall of Famer
                                              • 02-13-07
                                              • 5001

                                              #23
                                              Originally posted by username474
                                              their risk is 0%
                                              NOT if they extend credit - and it appears that they do. That puts their risk above and beyond that of a traditional sportsbook IMO, cause their margins are razor-thin to begin with.
                                              Comment
                                              • jjgold
                                                SBR Aristocracy
                                                • 07-20-05
                                                • 388208

                                                #24
                                                Definately 60%
                                                Comment
                                                • KC
                                                  SBR MVP
                                                  • 04-12-07
                                                  • 1613

                                                  #25
                                                  Originally posted by jjgold
                                                  Definately 60%
                                                  Come on JJ they are an A shop closer to 90%
                                                  Comment
                                                  • Chuck Sims
                                                    SBR MVP
                                                    • 12-29-05
                                                    • 3072

                                                    #26
                                                    Matchbook is the best book by far for MLB, NFL moneylines. I bet the NYG -860 against the laughable Raiders.

                                                    I would like to know who is backing Matchbook. They definitely seed the market, so do not think they have 0% risk.
                                                    Comment
                                                    • jjgold
                                                      SBR Aristocracy
                                                      • 07-20-05
                                                      • 388208

                                                      #27
                                                      Matchbook deals in credit accounts also which scares me a little and new credit not like Greek and Cris that are masters of credit business.
                                                      Comment
                                                      • thespeculator
                                                        SBR MVP
                                                        • 09-09-08
                                                        • 2999

                                                        #28
                                                        Originally posted by pags11
                                                        95%...problem for most players isn't getting money out of Matchbook but getting it into Matchbook (bankwires are a pain for U.S. players)
                                                        Matchbook accepts ******* which U.S. players can use, you can deposit with bank wire to them or western union, i you are a very large player I am not sure if they are for you , but 3-5k is pretty smooth
                                                        Comment
                                                        • Sam Odom
                                                          SBR Aristocracy
                                                          • 10-30-05
                                                          • 58063

                                                          #29
                                                          Originally posted by Matt Rain
                                                          NOT if they extend credit - and it appears that they do. That puts their risk above and beyond that of a traditional sportsbook IMO, cause their margins are razor-thin to begin with.
                                                          Comment
                                                          • Sam Odom
                                                            SBR Aristocracy
                                                            • 10-30-05
                                                            • 58063

                                                            #30
                                                            Originally posted by Sam Odom
                                                            IMO , 70 %

                                                            Who thinks my 70% is accurate ?
                                                            Comment
                                                            • pags11
                                                              SBR Posting Legend
                                                              • 08-18-05
                                                              • 12264

                                                              #31
                                                              thespeculator,

                                                              good to know...thank you...western union to ******* is a much more comfortable option than having to do a bankwire...
                                                              Comment
                                                              • jjgold
                                                                SBR Aristocracy
                                                                • 07-20-05
                                                                • 388208

                                                                #32
                                                                WSEX is on very shaky ground but not totally linked anymore to Matchbook
                                                                Comment
                                                                • tltaylor89
                                                                  SBR Posting Legend
                                                                  • 06-19-09
                                                                  • 19610

                                                                  #33
                                                                  I'm taking about half of that six figure balance off the table for a while and let Bookmaker baby sit it
                                                                  Comment
                                                                  • pags11
                                                                    SBR Posting Legend
                                                                    • 08-18-05
                                                                    • 12264

                                                                    #34
                                                                    thespeculator,

                                                                    what's the percentage of $ when you deposit that they convert to commission credits after the deposit? I don't especially like commission credits since I post offers 95% of the time rather than accepting them but I would like to know this info...
                                                                    Comment
                                                                    • dbnmln
                                                                      SBR Wise Guy
                                                                      • 10-30-07
                                                                      • 804

                                                                      #35
                                                                      is Bookmaker a good sportsbook? I just started doing business in the past 2 months. Never been able to do a withdrawl; guess that's bad betting, but, that's another story. hahaha
                                                                      Comment
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