i was curious if anyone knew how much some customers had on deposit with matchbook... it appears that by the size of the markets some folks must have 50-100k easy in their accounts .. i guess theres no problem with that much...
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50k is a good amount and safe amountComment -
Or they are seeding markets?Comment -
They utilise a market making operation, but it's not in-house is my educated opinion based on the line movement and reaction at other exchanges to offers placed at Matchbook.Comment -
Fair enough Santo, I appreciate and respect your opinion. I heard they voided a few wagers though and I figured that would only happen if it was actually their money.Comment -
Matchbook does not seed their market, but they do make commission deals with those who make offers in order to make sure there are offers on the exchange. They don't void except in extreme situations or when the data on the game was entered incorrectly - I would prefer to have some sort of bad line rule in place, and define it so that it's clear what does and does not qualify, but for now the players don't want that. However, if you end up on the wrong end you should definitely contact them. What happens will depend on who was on the other side among other factors. If you were up against a bot, that makes the trade easier to undo.Comment -
it's all about volume with these guys...depends on how popular the sport is I guess...Comment
