Matchbook leaving the US

[bettilimbroke999]

New exchanges just dont work, Betfair is the only site that ever pulled off a successful exchange, every other one Tradesports, Matchy etc have all done terrible (no liquidity leading to no profits) until they finally pulled the plug, Betmaker does unbelievably terrible as well but wont pull the plug since they have invested absolutely nothing in that 1st grader programmed joke site

I really thought Betmaker could be something as I thought Bookmaker might seed the markets to get it going, unfortunately I've since realized Bookmaker would have absolutely no reason to do this as it would just take away from their regular high-vig business, they just created Betmaker as a joke I think

[HedgeHog]

This attitude is so typical of the failures of the American educational system! Instead of doing work on your own, you ask a question and expect an answer. Do your own work!! A simple Google search would answer your query.

Here's the google result. As I said, I remember reading the quote years ago:

“Apart from that Mrs. Lincoln, how did you enjoy the play?” is a quip made famous by Tom Lehrer, American singer, songwriter (and Harvard math professor by day).

[todd73nj]

New exchanges just dont work, Betfair is the only site that ever pulled off a successful exchange, every other one Tradesports, Matchy etc have all done terrible (no liquidity leading to no profits) until they finally pulled the plug, Betmaker does unbelievably terrible as well but wont pull the plug since they have invested absolutely nothing in that 1st grader programmed joke site

I really thought Betmaker could be something as I thought Bookmaker might seed the markets to get it going, unfortunately I've since realized Bookmaker would have absolutely no reason to do this as it would just take away from their regular high-vig business, they just created Betmaker as a joke I think

Safe to assume you have an account there and have played there? Or just observing the site?

[bettilimbroke999]

Safe to assume you have an account there and have played there? Or just observing the site?

I dont have an account at Betmaker but if you look at the site for 10 secs you wont want an account either, they show the matched and unmatched above each line and its like 5 games are 0 matched the other 5 are 200 matched and its bc the site has almost no liquidity (ppl just aint gonna bet into 10+ cent lines on an exchange), maybe liquidity will improve now that their competitor shut down but the site looks like Bookmaker invested a 100 bucks in it for a laugh

[todd73nj]

I dont have an account at Betmaker but if you look at the site for 10 secs you wont want an account either, they show the matched and unmatched above each line and its like 5 games are 0 matched the other 5 are 200 matched and its bc the site has almost no liquidity (ppl just aint gonna bet into 10+ cent lines on an exchange), maybe liquidity will improve now that their competitor shut down but the site looks like Bookmaker invested a 100 bucks in it for a laugh

I saw that.. and then wondered what MBs actual matched bets were.

Do you know anything more about this place? Sorry to be asking so many questions but SBR doesnt even review them.

Do they leave games open for trading during the game? Or is it pre game only?

[Trident]

It's a god damn exchange... There is always money!!! They don't have a bad weekend... The only thing is that if people are not making betes they do not get their commishion... There is always money...

If the old management (WSEX) was dipping into players money to pay bills, operating expenses etc then they didn't have enough to cover the impending run on the bank which I wouldn't doubt for one second.

Look at what was going on at WSEX and you think things were any different at MB?

[todd73nj]

Wow.. Just logged into Betmaker to look at the available amounts. Dwarfs what MB was/is offering! 12k on the Suns ML, 42k on the Bulls ML, 43k on Hawks ML, 38 k on Celts ML. Its spaced out odds wise, but so was MB.

[Sfritts8]

The commission structure is massively confusing with the introductory amounts and the rebates, has anyone actually played here, the site is terribly confusing.

[todd73nj]

Looks terribly simple to me. Market rate is either 5 or 6 % depending what it lists for the event. Horseracing is 6% always it seems

For every $50 of risk you take on throughout the week you get 1 discount point. So if you accumulate 3800 points you get a 50% discount on your fees (according to their chart) - so you would pay 2.5% on net win. For that week.

For the next week, your 3800 commission points decays by 12% leaving you with 3344 plus whatever your risk is for the current week.

Seems pretty good to me. Its not cheap. But its not bad.

[RealSlimShady]

Betmaker has a commission promo going on, I believe. 2% of net win.....

[todd73nj]

That that has been up for a long time now - its not new bec of MB closing or anything. Not sure how long it lasts for. It doesnt say

[Scorpion]

Betmaker has a commission promo going on, I believe. 2% of net win.....

no xml line feed

[RonPaul2008]

I dont know if anyone else has posted this yet or not but when i told them i have no CC they said that they will send my money to my DC

What kind of DC allows up to $9999 on it? A normal DC your bank issues for your checking account? Something else someone can just purchase somehow quickly? They told you this via live chat or email?

[WileOut]

New exchanges just dont work, Betfair is the only site that ever pulled off a successful exchange, every other one Tradesports, Matchy etc have all done terrible (no liquidity leading to no profits) until they finally pulled the plug, Betmaker does unbelievably terrible as well but wont pull the plug since they have invested absolutely nothing in that 1st grader programmed joke site

I really thought Betmaker could be something as I thought Bookmaker might seed the markets to get it going, unfortunately I've since realized Bookmaker would have absolutely no reason to do this as it would just take away from their regular high-vig business, they just created Betmaker as a joke I think

matchbook had liquidity coming out of its ears in all sports and markets until they stopped being able to receive money transfers (not book to book and I think you know what I mean without me having to spell it out). The receiver of funds was in Florida, they totally ignored the risk there. After the gubment shut this down the liquidity fell little by little until it was a graveyard. And that was it. i think this was the main reason they lost their great liquidity but could be other reasons.

I remember pretty much every game had at least 50k on both sides usually more. All sports. Even live betting was constantly tight and huge liquidity. Matchbook was doing great for a long time.

[fedex11204]

Guys you can still wager on Matchbook using an Iphone or Ipod if your money is still in the account

[fedex11204]

Actually it's working everywhere now

[d2bets]

Guys you can still wager on Matchbook using an Iphone or Ipod if your money is still in the account

What exactly would be the point of this?

[fedex11204]

They would have to honor it if you placed the wager cause I bet if you lose certainly the person that matched your wager would get paid

[LostBankroll]

sorry fishie time to play at bm and pay -115 juice try and crack 52% muthafucka

[fedex11204]

actually only on the iphone are you able to place the wager

[fedex11204]

Or the Ipod and just got off the phone with CS and they told if the wager is placed no doubt it will be paid.

[Richkas]

Look at what was going on at WSEX and you think things were any different at MB?

I said this over a year ago. But all the gambleaholics didnt care. I hope it takes people forever to get their funds.

[Richkas]

sorry fishie time to play at bm and pay -115 juice try and crack 52% muthafucka

He cant do it

[bettilimbroke999]

I saw that.. and then wondered what MBs actual matched bets were.

Do you know anything more about this place? Sorry to be asking so many questions but SBR doesnt even review them.

Do they leave games open for trading during the game? Or is it pre game only?

I think everyone that ever played at matchbook was curious about what did they actually got matched on games, I mean throughout NCAAB I would think their matched bets would look about like Betmaker with almost nothing getting matched but with their incredible halftime lines of NBA I could have imagined thousands being matched each game

I know absolutely nothing about Betmaker other than it's owned by Bookmaker which would certainly make it financially sound

Having looked at Betmaker a couple of times I noticed no live betting at all, actually the only thing I saw was straight full game wagers, no halftimes or anything else, I could be wrong about this as the site just looked so shitty that I never bothered to deposit and play there but on the plus side your money would be safe given that its owned by A+ Bookmaker so if it looks appealing to you I'd make a small deposit and try it out, theres really no risk to your funds with a Bookmaker backed book but keep in mind they treat this book like the blown 100 buck investment that it is so Im sure payouts are slow and expensive

[bettilimbroke999]

matchbook had liquidity coming out of its ears in all sports and markets until they stopped being able to receive money transfers (not book to book and I think you know what I mean without me having to spell it out). The receiver of funds was in Florida, they totally ignored the risk there. After the gubment shut this down the liquidity fell little by little until it was a graveyard. And that was it. i think this was the main reason they lost their great liquidity but could be other reasons.

I remember pretty much every game had at least 50k on both sides usually more. All sports. Even live betting was constantly tight and huge liquidity. Matchbook was doing great for a long time.

MB died in March 2009, the site has been on life support ever since

March 2009-now when MB got rid of most of its huge credit players (which provided half the liquidity) and switched to the new (crap) commission system which charges you even when you lose

Ya know whats interesting is being charged 2% when I win doesnt bother me at all but when I lose paying a fee really bothers me. This happened to me playing poker once in New Orleans, they dont rake the pot they just charge everyone at the 1/2 NL table 6 bucks every half hour, well that sounds good but in reality I hated it bc my hands sucked the first 2 hours I was there and I was down about 50 bucks but half of that was from payin that fuckin 12 bucks/hour rake which I wouldnt have had to pay shit normally bc I didnt win any raked pots, now if I was winning several raked pots and they raked 24 bucks away from me while Im up it wouldnt have bothered me

[HedgeHog]

Or the Ipod and just got off the phone with CS and they told if the wager is placed no doubt it will be paid.

Yesterday, the same CS reps were deny the rumors of exiting the US. Just saying.

[omahamoneymaker]

Does anyone know if there is an history of a book being bought out (ie not just folding shop) and accounts not being paid?

[bettilimbroke999]

Why would a book pay your CC 10000 instead of sending you a check? I mean even if they charge 10 bucks a check with a max of 3k like they used to then okay but 10k to your fuckin CC with no prior notice to get your money out before this instant sale, this is to say the least strange, thank god I dont have any money in this future out of business book

[dino]

Have they accepted any wire requests from those owed under $10,000 who don't want a cc withdrawal?
Do they accept your info over the phone or live chat instead of email?
Is it even possible to get a cc withdrawal if you never deposited using a cc?

[FourLengthsClear]

Does anyone know if there is an history of a book being bought out (ie not just folding shop) and accounts not being paid?

Offhand, I cannot think of any.

[rapidfire5]

what is MB?

[Recurring]

pretty rough here I just signed up for matchbook a few weeks ago... sucks.

[33therizla]

matchbook is still working..

in running betting available on villanova v. notre dame right now..

from USA

[todd73nj]

MB died in March 2009, the site has been on life support ever since

March 2009-now when MB got rid of most of its huge credit players (which provided half the liquidity) and switched to the new (crap) commission system which charges you even when you lose

Ya know whats interesting is being charged 2% when I win doesnt bother me at all but when I lose paying a fee really bothers me. This happened to me playing poker once in New Orleans, they dont rake the pot they just charge everyone at the 1/2 NL table 6 bucks every half hour, well that sounds good but in reality I hated it bc my hands sucked the first 2 hours I was there and I was down about 50 bucks but half of that was from payin that fuckin 12 bucks/hour rake which I wouldnt have had to pay shit normally bc I didnt win any raked pots, now if I was winning several raked pots and they raked 24 bucks away from me while Im up it wouldnt have bothered me

Great post. MB was very god for a while. And its great to see someone not massaging their poles.

[bradthebloke]

how long before they are removed from sbr odds?