Matchbook leaving the US

[Jnas]

It's like the pinnacle debacle part 2 for US players. I knew something was fishy when they stopped responding to e-mails about deposit options. i will miss them

[jjgold]

Matchbook effected a very small percentage of players from here other than bonus whores, scalper types

Secondly this had to happen or you would of been stiffed

Matchbook was in trouble $$$

Finally if your a serious better and do not have secondary measures to get into Euro books you simply were and are un prepared to be a professional player

[wtf]

Matchbook effected a very small percentage of players from here other than bonus whores, scalper types

Secondly this had to happen or you would of been stiffed

Matchbook was in trouble $$$

Finally if your a serious better and do not have secondary measures to get into Euro books you simply were and are un prepared to be a professional player

interesting point, FH never mentioned this, how did you know this and he didnt

[Donadon]

How is liquidity going to improve on ANY sport?

Europeans can already use Matchbook (as well as Betfair, Betdaq, WBX, Betsson and Betmaker), what makes you think that banning American players will make Europeans more inclined to set up MB accounts?

They do, but it is only so called highrollers that do, most of the average European or Asian mug punters have not even heard about Matchbook to date. And if they by occasion, come to Matchbook`s site, they quit the moment they see Real Madrid is offered at -550, which is rocket science for many of them to fathom.

Matchbook have never been promoted outside US thus far. And yet their customer base is already mostly non-US and most importantly the average betting volume (hence commission monies gained) per active customer is higher for Euro/Asian customers than for a customer from the US. So this alone should tell you a thing or two.

If Matchbook promote themselves properly on the Asian and the European market paired with software changes that allow API usage, should they introduce betting options matching those of Betfair, install user-friendly exchange environment like decimal and various asian style odds and the same time keep this commission structure then I can see them taking 20% off Betfair`s customer base, why not.
Even if they manage to take 10% of Betfair`s business it`ll be a huge financial success for the new ownership and will more than make up for any losses incurred from the departure from the US market. Not to speak that real sharps from US will find a way to go round this barrier and will continue playing at Matchy as they did with Pinny, and this is going to hit Joe the Plumber only.

This is all up in the air though, lets see whats in the making once the dust is settled

[the sink]

u can get decimal odds now on matchbook...
Always had the option

[Donadon]

u can get decimal odds now on matchbook...
Always had the option

Ok, you`re right, I forgot they had it, I use them for US sports only, so never used the decimals option here

[heyman]

They do, but it is only so called highrollers that do, most of the average European or Asian mug punters have not even heard about Matchbook to date. And if they by occasion, come to Matchbook`s site, they quit the moment they see Real Madrid is offered at -550, which is rocket science for many of them to fathom.

Matchbook have never been promoted outside US thus far. And yet their customer base is already mostly non-US and most importantly the average betting volume (hence commission monies gained) per active customer is higher for Euro/Asian customers than for a customer from the US. So this alone should tell you a thing or two.

If Matchbook promote themselves properly on the Asian and the European market paired with software changes that allow API usage, should they introduce betting options matching those of Betfair, install user-friendly exchange environment like decimal and various asian style odds and the same time keep this commission structure then I can see them taking 20% off Betfair`s customer base, why not.
Even if they manage to take 10% of Betfair`s business it`ll be a huge financial success for the new ownership and will more than make up for any losses incurred from the departure from the US market. Not to speak that real sharps from US will find a way to go round this barrier and will continue playing at Matchy as they did with Pinny, and this is going to hit Joe the Plumber only.

This is all up in the air though, lets see whats in the making once the dust is settled

If you care about US sports it doesn't matter if you can still play there - there will be little liquidity (I hope I'm wrong). If they become good for soccer/cricket/etc that's no consolation for NFL/MLB/NBA bettors.

[Toples]

i hope they'll finaly realise you must have affiliates who promote site....

[WvGambler]

Oh no. Not the precious matchbook

[Donadon]

There will be a good liquidity on MLB, I`m quite positive.
Many non-US highrollers wager on MLB, because it is a very good sport to bet on and you have plenty of action day in - day out for a good 7 months (just like soccer) which is what highrollers like, and so this is the best timing to make this change for Matchy and I believe they have chosen the time after careful planning.
Had they shut down the US customers in November when baseball ends, then it would have been big liquidity problems for them

As long as there is no viable alternative for an exchange for US sports, as there isnt at the moment, I dont believe there will be a big liquidity issue. As I said, I believe most of US highrollers by 31st of March would have already found a way to continue with Matchy, otherwise they will lose a source of potential revenues they have no replacement for.

[jagaf22]

Curious to see this one finish playing out.

[wtf]

ot to speak that real sharps from US will find a way to go round this barrier and will continue playing at Matchy as they did with Pinny, and this is going to hit Joe the Plumber only.

so why dont these "sharps" use befair now?

[djtrub]

Does anyone know of a legitimate reason why they wouldn't allow b2b transfers? It seems real shady to me.

[the sink]

"Matchbook has been advised by it's legal council that B2B (inter-book) transfers could be seen as a violation of US law"

that is what the guy on 2+2 said

[AimingHigh]

B2B transfers involve processing funds to offshore sportsbooks, and I can imagine a prudent lawyer working for new management might be concerned about the view the US government would take of such processing.

[heyman]

so why dont these "sharps" use befair now?

Look at Betfair when MLB starts. The spread and commission doesn't compare.

[linedrivr]

B2B transfers involve processing funds to offshore sportsbooks, and I can imagine a prudent lawyer working for new management might be concerned about the view the US government would take of such processing.

these entities are offshore so how is it any business of the US government anyway? How would they even be able to get information on offshore book to book transfers? Sounds like an excuse to me!

[jjgold]

It wii be easy to get an account at matchbook again

They are not going to be regulated like Betfair and other UK books

[John Dough]

Not sure if this has been posted, and of course take it with a grain of salt, but I was told MB expects bank wires to US residents to take no more than 21 business days.

[Santo]

The 2+2 rep shows his location as Malta, two observations

Maltese regulators are a joke - though Antigua arent exactly great they are probably better.
At least one market making group works out of Malta, wonder if there is a link there...

[chachi]

site appears dead entirely now ...

[Santo]

They are now saying pending futures will be "settled at a generous valuation of Market price"

[John Dough]

site appears dead entirely now ...

Dead? Working fine for me and I can view offers, not that I can bet into them anymore, but the site appears functional. Live chat also worked for me a short while ago.

[P.F.Kasooff]

I never played there, I was told only penny pinchers and squares played at matchbook. No big deal.

[jjgold]

It's only a big loss for scalpers

Only reason they stayed afloat was because they had big credit accounts

It was a very poor run book

Maybe under new ownership and easier banking options they will hold their own.

[chachi]

Dead? Working fine for me and I can view offers, not that I can bet into them anymore, but the site appears functional. Live chat also worked for me a short while ago.

must be a geoblock or something, I get a blank page

[jagaf22]

must be a geoblock or something, I get a blank page

I'm unable to reach their site as well.

[MBENZ]

If Jamaica sticks to its dimeline for bases,they will scoop up alot of new accounts.

[Jive]

well, at least I got a good 3 months out of them.

[2Bdown]

bet jam for bases now

[jjgold]

site is blank

[SparJMU]

I am a US customer with about $15K in there right now. I feel confident that I will get paid out my entire balance, but I am devastated by the loss of my account. I am only an amateur, but matchbook was a 5 figure source of income for me each fall. I have no way of earning that income without matchbook.

Are there any similar books available for US players?

[happylays]

It works fine for me.

[wrongturn]

Guess they are really that dumb, unless, their current non-US players are indeed significant.

[LT Profits]

5 Dimes should benefit now with their nickel overnights and the dime lines all day on ML, RLs and Totals. That are the only USA book I know of that has dime lines on RLs and Totals. True, nickel overnight limits are only 500, but its much higher for dime lines.