The failure of Matchbook or the Players ?

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

    #1
    The failure of Matchbook or the Players ?
    Liquidity
  • betplom
    SBR Posting Legend
    • 09-20-06
    • 13444

    #2
    BetMaker may have to step up to replace matchbook.
    Comment
    • Nicky Santoro
      SBR Posting Legend
      • 04-08-08
      • 16103

      #3
      yeah, matchy is tough at times to get a bet down. esp hockey when it hardly gets matched, even at a great price i offer. nba totals are also tough as hell, even at game time there are 22$ each way available.. if only matchy can be like NFL for all sports, it'd be a perfect world. but come to think of it, even NFL was NOT anywhere as good as the past few seasons were.

      i still like matchy alot mind you. i would still be lost without them..
      Comment
      • Chuck Sims
        SBR MVP
        • 12-29-05
        • 3072

        #4
        The Texas/Ala game is not even on the squares radar yet. Matchbook had a quater of a million dollars in liquidity on the NFL night game.
        Comment
        • pokernut9999
          SBR Posting Legend
          • 07-25-07
          • 12757

          #5
          Matchbook "where the pro's play " enough said.
          Comment
          • durito
            SBR Posting Legend
            • 07-03-06
            • 13173

            #6
            Matchbook is for day of game bets into sharp lines only.

            I rarely wager there.
            Comment
            • Chi_archie
              SBR Aristocracy
              • 07-22-08
              • 63172

              #7
              liquidity keeps getting worse and worse correct?
              Comment
              • tep
                SBR Rookie
                • 12-25-09
                • 48

                #8
                US bettors are not well versed on betting exchanges. If I am correct only MB is available to US. Most bettors on the "square" or lower level like exotics to much. Quick gains.
                Comment
                • hoopster42
                  Restricted User
                  • 02-12-08
                  • 6099

                  #9
                  check back on thurs, jan 7th throughout the day and there will be tons of liquidity on THAT gm

                  lol at this thread
                  Comment
                  • 20Four7
                    SBR Hall of Famer
                    • 04-08-07
                    • 6703

                    #10
                    biggest problem is how long they can take to grade wagers. Betphoenix and Betdos have already graded my whisky bet..... matchy..... NOPE.
                    Comment
                    • WileOut
                      SBR MVP
                      • 02-04-07
                      • 3844

                      #11
                      Liquidity is great at matchbook on game day (yes the line is sharper on gameday but if you are going to bet anyway, matchbook will have the best line most of the time). Also matchbook is a must have if you bet totals, moneylines, and you can get great value out of their live betting.

                      Especially ML's. They easily have the best ML's of any book.
                      Comment
                      • ZetaPsi808
                        SBR Posting Legend
                        • 09-18-08
                        • 12119

                        #12
                        Odom you are getting great price on alabama -4 at +119
                        Comment
                        • Doug
                          SBR Hall of Famer
                          • 08-10-05
                          • 6324

                          #13
                          great late, poor early....
                          Comment
                          • BigDaddy
                            SBR Hall of Famer
                            • 02-01-06
                            • 8378

                            #14
                            Originally posted by durito
                            Matchbook is for day of game bets into sharp lines only.

                            I rarely wager there.


                            agree
                            Comment
                            • BrianLaverty
                              SBR MVP
                              • 07-02-07
                              • 2183

                              #15
                              That does seem VERY low liquidity. It makes me wonder how much the sportsbooks have taken a hit from the struggles of the economy.
                              Comment
                              • bettilimbroke999
                                SBR Posting Legend
                                • 02-04-08
                                • 13254

                                #16
                                Matchbook last year to matchbook this year is night and day, not sure what the hell happened, was it this commission change or this big credit player thing I heard about on here
                                Comment
                                • Rich Boy
                                  SBR Hall of Famer
                                  • 02-01-09
                                  • 9714

                                  #17
                                  Matchbook is well suited for squares who just want action

                                  or scalpers...
                                  Comment
                                  • RickySteve
                                    Restricted User
                                    • 01-31-06
                                    • 3415

                                    #18
                                    Or managing risk.
                                    Comment
                                    • mminkovski
                                      SBR MVP
                                      • 06-22-07
                                      • 1077

                                      #19
                                      This poor liquidity is strange for me.
                                      Matchbook has better commission structure than Betfair so players outside USA should bet there. I personally do not but the reason is trivial - they only accept account in USD
                                      Comment
                                      • Dunder
                                        Restricted User
                                        • 10-26-09
                                        • 3345

                                        #20
                                        Originally posted by mminkovski
                                        This poor liquidity is strange for me.
                                        Matchbook has better commission structure than Betfair so players outside USA should bet there. I personally do not but the reason is trivial - they only accept account in USD
                                        1) Betfair is a well established brand and already has huge liquidity. Betdaq and WBX also offer a better commission structure but that on its own is not enough.
                                        2) Betfair offers a much wider range of markets.

                                        The answer to the OPs original question is both.

                                        For whatever reason US players, just seem to prefer betting with a tradtional book, even if it is illogical from a purely financial POV, to do so.

                                        Matchbook does not do enough to attract more customers. They offer no new account bonuses, a poor range of funding methods, they are slow grading wagers and are generally unresponsive to customer ideas.

                                        I would still expect, at some point, exchange betting to take off amongst US players, but am of the growing opinion that it won´t be with Matchbook. Maybe it will take a more aggressive and dynamic newcomer to enter in order for that to happen.
                                        Comment
                                        • Fishhead
                                          SBR Aristocracy
                                          • 08-11-05
                                          • 40179

                                          #21
                                          Every poster here should have money at Matchbook.
                                          Comment
                                          • BubbleBobble
                                            SBR Sharp
                                            • 11-04-09
                                            • 293

                                            #22
                                            Liquidity is down cause mostly scalpers lure at MB, and the marketmakers are scared to offer anything...cept on stuff like big NFL ofc.

                                            You make an offer, and it usually only gets matched when there is a move against you. Not very attractive.
                                            Comment
                                            • katstale
                                              SBR MVP
                                              • 02-07-07
                                              • 3924

                                              #23
                                              I use Match every day, but as most here said, it is generally "game day" stuff. Two things will/gonna happen to help liquidity: UIGEA gets repealed or weakened significantly

                                              OR,

                                              another book comes along and starts an exchange who understands how to market and communicate with players. A consumer friendly book who has been rapidly gathering a large North American client base for the last 2 years. And people were wondering on here why this book was giving away such nice bonuses (still do, but not to me)?
                                              Comment
                                              • jjgold
                                                SBR Aristocracy
                                                • 07-20-05
                                                • 388179

                                                #24
                                                Many have tried and all have failed

                                                Matchy is just hanging on and not growing which means trouble
                                                Matchy is for numbers guys and scalpers which represent a very small market share
                                                Comment
                                                • feltball
                                                  SBR High Roller
                                                  • 09-07-08
                                                  • 106

                                                  #25
                                                  Originally posted by jjgold
                                                  Matchy is for numbers guys and scalpers which represent a very small market share
                                                  True.
                                                  Comment
                                                  • UV82
                                                    SBR Sharp
                                                    • 07-25-09
                                                    • 396

                                                    #26
                                                    Betfair do aggressive marketing everywhere... none of the other exchanges do that ...

                                                    Matchbook should have taken advantage of the gap which Betfair left for tehm when they were banned for US customers, but they didnt and they are losing on an opportunity which will never repeat itself.

                                                    Maychbook tried to be more aggressive by dropping the comm to 1% but that made thing even worse for them for some reason. (probably the complexity of the comm forumla)

                                                    Also Betfair sofware is far superior to Matchbook as well as all other exchanges which in my view will die sooner or later... because , with exchanges, liquidity is king and half liquidity like the one shown by the 1st poster of this thread is equivalent to Zero.
                                                    Comment
                                                    • bettilimbroke999
                                                      SBR Posting Legend
                                                      • 02-04-08
                                                      • 13254

                                                      #27
                                                      Originally posted by BubbleBobble
                                                      Liquidity is down cause mostly scalpers lure at MB, and the marketmakers are scared to offer anything...cept on stuff like big NFL ofc.

                                                      You make an offer, and it usually only gets matched when there is a move against you. Not very attractive.
                                                      Exactly, Matchbook is supposedly designed for a sharper bettor to get a better number than he would get at a traditional book, but since you know that if you make an offer (ESPECIALLY EARLY) the only way you're getting matched is if the market moves against you then it is stupid to even use Matchy bc think about it you could go to a traditional book and get your bet matched right then and regardless of which way the line moves you have a bet, if you are ONLY going to get your bet matched when you are on the wrong side it makes no sense bc it defeats the purpose of using matchy

                                                      Think about it like this

                                                      Line is -110 everywhere (and theres reduced traditional books which are even cheaper than that -105/-108 with all kinds of bonuses, free payouts, etc) and you offer -101 at matchy, well if the line goes for you no bet but if the line goes against you you do get a bet but hell by the time the line has moved you could've bet at a traditional book at -105 or +100 anyway
                                                      Comment
                                                      • Nicky Santoro
                                                        SBR Posting Legend
                                                        • 04-08-08
                                                        • 16103

                                                        #28
                                                        Originally posted by BubbleBobble

                                                        You make an offer, and it usually only gets matched when there is a move against you. Not very attractive.
                                                        great call, bubble. i've always said this here.. when you see a good price at matchy, don't get too excited yet.... many times 10 min to game time you see a price at +140 and you wonder why because everywhere else it's +117..so you jump on it with the max bet.. 3 min later, that # at matchy is now +156 and rising.. when you see a good #, 93% of the time it's not really a good price.. watch it. pros put up that offer so you can take it and then they laugh at you. especially in the daytime. don't make offers in daytime cause they will only be matched if line is moving against you.. matchy has very very sharp players.

                                                        i once this past summer put in 13 baseball offers at 2 pm, and i went out and forgot to pause them. i come back home 4 hrs later and 8 of my 13 plays were matched and 5 weren't. the 8 that were matched went all against me from 3 cents to 23 cents. and the ones that weren't touched were now way lower than i had.. that's why they wren't matched.

                                                        you gotta be on your toes at matchy at all times..
                                                        Comment
                                                        • sdtrader
                                                          SBR Wise Guy
                                                          • 01-23-09
                                                          • 536

                                                          #29
                                                          It seemed to me that the ingame trading went way down after the commission change last March. I had only been at matchbook a couple of months before the change, but I found before it was much easier to trade on both sides and lock in a profit for both sides before they changed the commission structure.
                                                          Comment
                                                          • bettilimbroke999
                                                            SBR Posting Legend
                                                            • 02-04-08
                                                            • 13254

                                                            #30
                                                            Live betting is dead at Matchbook, last year it was great, not sure what caused it but I dont even click on the live bet games anymore
                                                            Comment
                                                            • jw
                                                              SBR MVP
                                                              • 10-25-09
                                                              • 3999

                                                              #31
                                                              Originally posted by betplom
                                                              BetMaker may have to step up to replace matchbook.
                                                              Have wanted to try Betmaker For horse racing as i LOVE the fixed odds format ... so thought i'd check odds over the past week or two ... I have been able to get 50% higher prices at betfair when I have seen a horse I like almost every single time ... with odds 50% lower than the competition and $50 for a check withdrawal ... i just cannot put my money into an account there ....
                                                              Comment
                                                              • Kaps
                                                                SBR MVP
                                                                • 09-09-06
                                                                • 3272

                                                                #32
                                                                Originally posted by Nicky Santoro
                                                                great call, bubble. i've always said this here.. when you see a good price at matchy, don't get too excited yet.... many times 10 min to game time you see a price at +140 and you wonder why because everywhere else it's +117..so you jump on it with the max bet.. 3 min later, that # at matchy is now +156 and rising.. when you see a good #, 93% of the time it's not really a good price.. watch it. pros put up that offer so you can take it and then they laugh at you. especially in the daytime. don't make offers in daytime cause they will only be matched if line is moving against you.. matchy has very very sharp players.

                                                                i once this past summer put in 13 baseball offers at 2 pm, and i went out and forgot to pause them. i come back home 4 hrs later and 8 of my 13 plays were matched and 5 weren't. the 8 that were matched went all against me from 3 cents to 23 cents. and the ones that weren't touched were now way lower than i had.. that's why they wren't matched.

                                                                you gotta be on your toes at matchy at all times..


                                                                i agree 100% ....gotta be on your toes
                                                                Comment
                                                                • sinkhole
                                                                  SBR High Roller
                                                                  • 05-30-09
                                                                  • 116

                                                                  #33
                                                                  "you gotta be on your toes at matchy at all times.."

                                                                  does not help...
                                                                  your offer will get taken before u can even react if pinn moves the line
                                                                  Comment
                                                                  • sinkhole
                                                                    SBR High Roller
                                                                    • 05-30-09
                                                                    • 116

                                                                    #34
                                                                    now they will start to charge a fee on transactions...
                                                                    "
                                                                    We are imposing a limit of three cashier transactions per week (7 days) for all accounts. This includes all transfers, deposits and withdrawals. If you wish to have more then three transactions per week,
                                                                    there will be a 1% fee charged on the transaction amount"

                                                                    that is shitty
                                                                    Comment
                                                                    • sinkhole
                                                                      SBR High Roller
                                                                      • 05-30-09
                                                                      • 116

                                                                      #35
                                                                      especially when u can only withdraw max $2500 on every transaction
                                                                      an exchange should not charge deposit and withdrawals and commision credits sux
                                                                      Comment
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