How can you beat Matchbook for MLB??

[vanzack]

1 and 2 cent spreads up to -185 today.

8-10K on each side being offered.

If this continues, I wont even miss pinnacle.

[Doug]

Mansion used to be even better.

[TLD]

As you obviously know, Vanzack, but some readers might not, you’re citing the Matchbook numbers without the commission. That’s routinely done on the forums, but I think is quite misleading. I mean, I can get a zero cent spread at the Greek on those same games right now—if you leave out the juice that is—which is better than the 1-2 cent spreads at Matchbook. But obviously it would be silly for me to cite hypothetical Greek lines without the juice. Same with Matchbook lines without taking into account the commission.

But your original point—that there is very good value at Matchbook for baseball bettors—is well taken. Even if they’re really 6 cent lines or whatever, that’s still excellent.

[mavs1978]

is the matchbook commision 2% ...is that on wins only? ans is that just on the win or on the total proceeds

[vanzack]

As you obviously know, Vanzack, but some readers might not, you’re citing the Matchbook numbers without the commission. That’s routinely done on the forums, but I think is quite misleading. I mean, I can get a zero cent spread at the Greek on those same games right now—if you leave out the juice that is—which is better than the 1-2 cent spreads at Matchbook. But obviously it would be silly for me to cite hypothetical Greek lines without the juice. Same with Matchbook lines without taking into account the commission.

But your original point—that there is very good value at Matchbook for baseball bettors—is well taken. Even if they’re really 6 cent lines or whatever, that’s still excellent.

Fair enough, but there was no bad intentions on my part to be misleading.

If you win you pay a 2% commission.

I still maintain that I cant find those kind of prices with basically no limits anywhere. Lots of books have dime lines with 500 limits or 1k limits, but to get 10K down at even a 6 cent line is pretty good in todays world.

Also, the security of betting at Matchbook is a big plus. I think everyone would put them in a current top 5 of books that pay and are secure.

[vanzack]

is the matchbook commision 2% ...is that on wins only? ans is that just on the win or on the total proceeds

It is 2% on the NET WIN.

If you have both sides you get charged on the net win, not the gross win on the side that wins.

[austintx05]

agree...had Halladay -101...couldn't get that anywhere else

[TLD]

If you have both sides you get charged on the net win, not the gross win on the side that wins.

I’m curious how much folks factor this in when placing a bet, for instance when taking a lead.

Let’s say you’re going to bet New York overnight because you expect a line move to create a scalp so you can bet Boston closer to game time. If you can get New York at –150 at Matchbook (really –153 with the commission) versus –152 elsewhere, do you take the “worse” –153 odds, since there’s a good chance the best Boston odds the next day will be at Matchbook and you can in effect wipe out most or all of the juice on both sides by betting both at Matchbook?

[Doug]

is the matchbook commision 2% ...is that on wins only? ans is that just on the win or on the total proceeds

Its on the win, if you bet $100 on a team at +100, they take $2 of the $100 you won, not 2% of $200 ( $4).

[vanzack]

I’m curious how much folks factor this in when placing a bet, for instance when taking a lead.

Let’s say you’re going to bet New York overnight because you expect a line move to create a scalp so you can bet Boston closer to game time. If you can get New York at –150 at Matchbook (really –153 with the commission) versus –152 elsewhere, do you take the “worse” –153 odds, since there’s a good chance the best Boston odds the next day will be at Matchbook and you can in effect wipe out most or all of the juice on both sides by betting both at Matchbook?

I might not be thinking about this right but allow me to think out loud here.

I think its not -153 if you plan on getting rid of it. It is a true -150 because you will not be paying commission on it because you will be cancelling it out the next day by getting +150 or better.

And because you are paying commission on the net, you only will be charged 2% on the difference between your two opposing wagers.

For instance:

10K on the yankees at -150 15,000 to win 10,000
10K on the bosox at +152 the next day 10,000 to win 15,200

If the bosox win you pay 4 bucks commission on the 200 you win, if the yanks win you pay nothing.

Now that I am done rambling I have no idea if that made sense or contributed anything.

[mavs1978]

ty.. that makes a big difference

[LT Profits]

Now that I am done rambling I have no idea if that made sense or contributed anything.

No Vanzack, this last post is OUTSTANDING!

Good stuff.

[TLD]

I think its not -153 if you plan on getting rid of it. It is a true -150 because you will not be paying commission on it because you will be cancelling it out the next day by getting +150 or better.

This is what I was getting at, but we'd have to say only that you "might" be cancelling it out the next day. Even if you do indeed follow through on playing the other side, you don't know when you place the first bet that the best odds the next day on the other side will be at Matchbook, and it's only if you close it out there that you get this commission rebate.

Given the pricing at Matchbook, there's certainly a good chance that's where you'll be placing that second bet. I would think in a close call of, say, one or two cents on the "lead" bet, it would make sense to opt for betting it at Matchbook precisely because there's a good chance that's where you'll bet the other side the next day.

[vanzack]

This is what I was getting at, but we'd have to say only that you "might" be cancelling it out the next day. Even if you do indeed follow through on playing the other side, you don't know when you place the first bet that the best odds the next day on the other side will be at Matchbook, and it's only if you close it out there that you get this commission rebate.

Given the pricing at Matchbook, there's certainly a good chance that's where you'll be placing that second bet. I would think in a close call of, say, one or two cents on the "lead" bet, it would make sense to opt for betting it at Matchbook precisely because there's a good chance that's where you'll bet the other side the next day.

Agreed that once you make the initial bet at matchbook with the intention to scalp it later - that in most cases you are going to be better off betting it back at matchbook instead of at another book.

I guess that might limit you somewhat, but I also think that it is going to be hard to get a better line than what you get at matchbook so it might not be a disadvantage most of the time.

[jjgold]

Matchbook is the number baseball book now, its a no brainer even with commission, I wonder if you do a comparison with other dime line books does matchbook beat the number most of the time?

[vanzack]

Matchbook is the number baseball book now, its a no brainer even with commission, I wonder if you do a comparison with other dime line books does matchbook beat the number most of the time?

Almost every time in BOTH sides of the wager.

[mavs1978]

i agree with jj.. the clear leader now

[wack]

Good stuff - any idea why they don't have puck lines in NHL though - the rest of the liquidity in NHL seems ok?