Matchbook leaving the US

[Johnnythunder]

Where is the next exchange coming from?

[increasedodds]

I am glad I have $200 there by random luck! Woohoo!

Anyone in the US who wants to bet at MB will find a way. That doesn't even bother me.

The question is will there be liquidity? Depends if new owners seed the market.

I am a bit confused on why anyone would buy this to pull out. Its kind of like buying Hooters and cutting off beer and wings.

[RealSlimShady]

Thanks Slim.
I think if things are to pick up there it wont be for a month or so with this whole Matchbook US debacle.
I checked it out too but not sure if I want to commit though. Like that Bookmaker is backing it too.

I think if they keep the 2% of net win commission structure, it should work out. It cant be too much higher than that. They also need to adjust the lines as the actual game lines move during the day.....most people would rather bet at the current line than a stale line.

[KGambler]

MB still has reports available. All someone needs to do to substantiate their claims is post up a year of reports. Wouldnt hurt anything - MB is gone, no one can copy their strategy. And if they win as big as they say would be pretty impressive to see. But no one will put up - and they definately wont shut up.

So how much will you give me if I show how clueless you are?

[todd73nj]

OK....here's a cut and paste from last 7 days. No harm, I guess, since my account is no longer active:

All MarketsProfit/Loss for Report Period$18,057
Event NameMarket TypeDate SettledStake ($)Market P&L ($)NCAA BasketballBowling Green at Miami OhioPoint Spread 7.502/26/11 13:56214.00198.00Detroit U at Wright StPoint Spread 6.002/25/11 20:581,930.002,103.70Arizona at USCPoint Spread 1.002/25/11 00:4626.32-26.37Arizona at USCMoney Line02/25/11 00:45100.00-100.20Pro BasketballCharlotte at OrlandoMoney Line02/27/11 20:250.720.10Los Angeles (L) at Oklahoma CityTotal 199.502/27/11 16:581,925.11-1,942.77New Jersey at HoustonPoint Spread 8.502/26/11 23:054,850.005,228.30Boston at DenverPoint Spread -4.002/25/11 01:071,022.67-12.34Utah at DallasTotal 198.002/23/11 22:551,975.002,133.00Oklahoma City at San AntonioPoint Spread 7.002/23/11 21:474,850.005,238.00Sacramento at OrlandoPoint Spread 14.002/23/11 21:334,850.005,238.00* includes commissions

Ok Im curious... price maker or taker? Seems your three wins of $5,238 each were all at 108? It would seem to me you were a price taker by looking at the Nets/Hou game where you must have grabbed a few $$ at other odds to get your avg down. But are these honestly the best odds available? For example (and I looked at all three) using the Nets/Hou game again was down to -8/Even by 6pm (covers.com/sports/odds/linehistory.aspx?eventId=794809&sport=nb a). Are all of thes uncovered with nothing on the other side?

[todd73nj]

So how much will you give me if I show how clueless you are?

I guess if someone is as good as they say they will just post them up. But when we get all winners, Im curious as to who was on the other side of all these.

[bettilimbroke999]

I can own automatic weapons. The Government takes my money for Keno, lottery etc. But I can't place a bet on a total. Hypocrisy.

Its ******* unreal is what it is, how can you possibly be against sports gambling and yet be FOR keno, lottery, slots, dog/horsetracks etc that no one could ever win at, I see lines of old folks pouring their SS checks into the slots and I'm like fuckin hell this complete outright theft is legal but if I want to play poker or sports bet where there might be a chance of winning long-term I cant bc we are so "anti-gambling"

If you give ppl around a 50/50 chance to win which sites like Betfair and Pinny do the US govt will move heaven and earth to stop ppl from playing there, I just dont fuckin get it

[RealSlimShady]

Ok Im curious... price maker or taker? Seems your three wins of $5,238 each were all at 108? It would seem to me you were a price taker by looking at the Nets/Hou game where you must have grabbed a few $$ at other odds to get your avg down. But are these honestly the best odds available? For example (and I looked at all three) using the Nets/Hou game again was down to -8/Even by 6pm (covers.com/sports/odds/linehistory.aspx?eventId=794809&sport=nb a). Are all of thes uncovered with nothing on the other side?

I was a scalper at MB....

[KGambler]

I wasn't lying on any of my claims, and I am definitely one of the MB supporters you are talking about. I have no reason not to believe the similar claims of others, because I already know it was all very possible from my own experience. I don't come on SBR to make shit up.

[bettilimbroke999]

Matchbook in-game liquidity was horrible tonight for the last 2 years. It was just me it seemed putting up an offer during the celtics game. The NCAA basketball games had basically nothing inplay.

Corrected

[KGambler]

Corrected

Just stop. You have no money and know nothing about MB. You have a liquidity problem. Matchbook does not have a liquidity problem (OK, maybe now they do).

[bettilimbroke999]

Just stop. You have no money and know nothing about MB. You have a liquidity problem. Matchbook does not have a liquidity problem (OK, maybe now they do).

Lol you have an intelligence problem, the problem is you lack it

[dynamite140]

Hey guys. Are all of you withdrawing now?? I don't know why but i'm thinking about waiting 2 weeks or so before i ask for the withdraw. Is that a bad idea? I keep thinking they might then offer b2b transfer later on.

But is there any chance that if you withdraw say 2-3 weeks later, then there is a chance we might have more problems?

And can someone please explain the CC method of withdraw? So if you get a $5000 credit to your CC, that means you HAVE to spend the $5,000? Last time i purchased something online for $1000 and then returned it. My CC then had a negative balance and thus everytime i spend money, it would lower until it went positive. But it would take a while if someone got credited say $5000 or more. I think my bank don't offer checks for negative balances or is that not possible?

[bettilimbroke999]

The CC payout solution is the most absurd thing I've ever heard. Anyone who isnt nervous with a big balance at MB right now is on incredible drugs

The way matchbook has handled this "transition" is unreal, absolutely zero warning to their customers, now offering a literally ridiculous method of payout as the only option, I mean why would they not offer check withdrawal, wire or b2b transfer? Having ppl withdraw to CCs that they dont even accept, just wow, Im very happy I didnt listen to KGamblers nonstop bullshit about how great MB is and put my cash in that dump

[hhsilver]

I think if they keep the 2% of net win commission structure, it should work out. It cant be too much higher than that. They also need to adjust the lines as the actual game lines move during the day.....most people would rather bet at the current line than a stale line.

Is their commission on net win the same as Mb's was before they changed it 2 years ago? When I looked at the site , I see they talk about a base market rate of 5% ( 6 for horses) and then a discount from that based on how much you play. I only see the 2% you mention as an intro rate.

Could you elaborate on how their comm works. I found what is on the site confusing.

[KGambler]

Im very happy I didnt listen to KGamblers nonstop bullshit about how great MB is and put my cash in that dump

You don't have any cash. You have a liquidity problem, remember?

[Monte]

Hey KGambler, you called me clueless when i said really sharp people don't use MB much.
Who looks like the assclown now, haha.

[KGambler]

Im curious as to who was on the other side of all these.

Gamblers. Arbers. Bookies.

I have no idea why people thought only "sharps" were using MB, or why some people were so afraid to bet there. Do you have any idea how many bookies were using MB to lay off all kinds of -110 square action? You really think they gave a shit if they got +3 -102 when vig free was +3 +100? They already had -3 +110 on the other side.

[biggie12]

Hey KGambler, you called me clueless when i said really sharp people don't use MB much.
Who looks like the assclown now, haha.

Kgambler is absolutely right you are clueless.

[bettilimbroke999]

You don't have any cash. You have a liquidity problem, remember?

You got me KGambler, Im homeless Im posting from the public library I live at

[KGambler]

Hey KGambler, you called me clueless when i said really sharp people don't use MB much.
Who looks like the assclown now, haha.

You do.

You look like a total and complete assclown, especially when you came into this thread and said it was hard to get down for more than $10 at MB. You obviously didn't bet there.

Because of Todd's challenge (he's since retreated) I just went and checked my last 3 months activity. The first sport category is "Boxing". I had $43K bet on MMA in the last 3 months. You think that compares to MLB, NFL, NBA? And people refuse to believe it was possible to average $50K in action per week on MB??? $50K a week would be no problem whatsoever.

[Monte]

Kgambler is absolutely right you are clueless.

It's good that you think that, i need squares.

[the sink]

I sent todd an email with screens of my last 30days so he can se that I was not lying about 50k matched every week at matchbook
Yes liquid at matchbook was not good, there would be money up 1-2hours before gametime and if u put up an offer u could wait hours for it to get matched but if u matched bets u could get down alot

[the sink]

I could have gotten down 100/week if I had more money, I had to take bankloans to be able to arb at matchbook...
But it was worth it, just sad that I didnt get more time
I found matchbook only last season

[KGambler]

I could have gotten down 100/week if I had more money, I had to take bankloans to be able to arb at matchbook...
But it was worth it, just sad that I didnt get more time
I found matchbook only last season

The best was the special/big events...

I remember betting thousands per game for Olympic Hockey, with ease...

I think I have to move out of the U.S.

[todd73nj]

I saw them from Sink and SlimShady posted them right in here. No one else. Maybe the difference is for me, I own 10 businesses - I cannot sit and wait hours to get hit. When I check these games between 9am and 11am and 2pm and 5pm when I have time - there was nothing to be found. Nothing. And I wasnt about to leave my money up to be victimized by a line change, etc.

But looking at both of your screen shots, all of your trades are pre game. I am more of an ingame trader who liked to have a pregame position to start out. And Ingame trading at matchbook has been non existant with the exception of a few games here and there.

[KGambler]

Maybe the difference is for me, I own 10 businesses - I cannot sit and wait hours to get hit.

Bingo.

There are people who are following lines all day long.

You didn't know what you were talking about. You were getting a little ridiculous with the rant about "unsubstantiated claims" and no one willing to show proof... I'm glad they shut you up.

[the sink]

I saw them from Sink and SlimShady posted them right in here. No one else. Maybe the difference is for me, I own 10 businesses - I cannot sit and wait hours to get hit. When I check these games between 9am and 11am and 2pm and 5pm when I have time - there was nothing to be found. Nothing. And I wasnt about to leave my money up to be victimized by a line change, etc.

But looking at both of your screen shots, all of your trades are pre game. I am more of an ingame trader who liked to have a pregame position to start out. And Ingame trading at matchbook has been non existant with the exception of a few games here and there.

Not al of my bets was pregame, but there is no way to se it on reports...
I had -10,664.46 on lakers when they lost at orlando and that on ingame betting...
And that is only money at good odds, much better then pinnacles

[the sink]

But ye, trading at matchbook ingame on NBA can't be done, not like betfair where u can bet 1.80 and lay off 1basket later at 1.75

[KGambler]

But ye, trading at matchbook ingame on NBA can't be done, not like betfair where u can bet 1.80 and lay off 1basket later at 1.75

A fun thing to do at MB (in-game) would be to grab a huge offer at incredibly good odds, and then realize that there was no way you could lay it off. Made for some interesting sweats...

[the sink]

And matchbook was not only good for the juice.
U could se how lines would move
U could se if there was a player injured before the books(not pinnacle) moved the line
Alot of nice things with matchbook if u followed the lines al day long

[heyman]

Traders prefer a commission on net profits in a given market.

Yes that is true. But netting the bets in a market is less fees, which is why I added the condition.

[FourLengthsClear]

A fun thing to do at MB (in-game) would be to grab a huge offer at incredibly good odds, and then realize that there was no way you could lay it off. Made for some interesting sweats...

Been there. I layed a big bet on an NCAAB total (an over) last year (five figures) at what was a good price for me even though it was a sharp play and the market moved to (and slightly past) the number later. I could NOT lay even that exposure off at MB in the four hours between that and tip-off.

I partially hedged at Pinny and took some exposure into the game.

[brumbies]

NBA 2nd Halfs are the at matchbook. Excellent liquidity.

But why clear out the balance?

[heyman]

And can someone please explain the CC method of withdraw? So if you get a $5000 credit to your CC, that means you HAVE to spend the $5,000? Last time i purchased something online for $1000 and then returned it. My CC then had a negative balance and thus everytime i spend money, it would lower until it went positive. But it would take a while if someone got credited say $5000 or more. I think my bank don't offer checks for negative balances or is that not possible?

I already answered this. I know that DC and I think it was AMX (maybe it was another) will wire negative balances to your bank account (or did they cut me a check? It was awhile ago). You can call them [EDIT: them, meaning your CC] up and ask them what their procedure is.