Congrats matchbook

[WileOut]

These big comebacks is what I'm talking about. Matchy had the ML going on live as well as the spread and total. So many guys out there take the odds at like -5000 early in the game. As the game goes on more and more bets are made at huge odds. In these games where massive comebacks happen matchbook cleans up because such a large amount of money changes hands.

Tonight there was an enourmous amount of live money that changed hands because of the huge risks people took with the Lakers up 21.

So I'm going to congratulate matchbook as well as the Celtics, the team I said all year was head and shoulders better than the 2nd best team.

[rake922]

uhh dude..... Matchbook didnt make the money... The people who matched the bets made the money...

Obviously matchbook takes it's 2% commision....... But the people that got +1400 on celts ML are the ones who are loaded now

[WileOut]

Man ask anybody on this forum. Matchbook cleans up on big comebacks. If the Lakers had held on to win and cover, matchbook wouldn't have made nearly as much.

Yes the guys that got +1400 ML got paid too, but thats not my point.

Let me make an example for you son.

In your example, say a guy wanted the Lakers at -1400. So he risked $4200 to win $300. If the Lakers had covered the bet matchbook would have taken 2% of the $300 he won. Instead, because the Celtics made a miraculous comeback, they take 2% of $4200.

Which is better? 2% of $4200...or 2% of $300

[betplom]

Wile, your example should clarify your point, it'a an excellent explanation.

Makes perfect sense, which seems to be something of a rarity around here.

You would think that they should/would leave every game up for live betting, they have nothing to lose by leaving all markets open till the end of each game.

[rake922]

You would think that they should/would leave every game up for live betting, they have nothing to lose by leaving all markets open till the end of each game.

YES!!! I have asked them to do that. The same can be said on Totals... I want to make a site which has live betting on Sides and Totals for literally every single game....

[SBR Lou]

Rake922

[WileOut]

Wile, your example should clarify your point, it'a an excellent explanation.

Makes perfect sense, which seems to be something of a rarity around here.

You would think that they should/would leave every game up for live betting, they have nothing to lose by leaving all markets open till the end of each game.

Thanks betplom, I love matchbook myself. I also wish they would leave all the games up for live betting

I think tradesports leaves them all up if I'm not mistaken. But 4% commission makes them unuseable most of the time for me. And I dont think the liquidity is very good for some games. But I havent been to tradesports for a while.

[bettilimbroke999]

Thanks betplom, I love matchbook myself. I also wish they would leave all the games up for live betting

I think tradesports leaves them all up if I'm not mistaken. But 4% commission makes them unuseable most of the time for me. And I dont think the liquidity is very good for some games. But I havent been to tradesports for a while.

Liquidity is terrible at tradesports and you have to recalculate their crazy "stock price" numbers to actual odds, matchbook should leave up every game for live betting agreed

[Nicky Santoro]

i find live betting to be sooooooooo freakin dangerous. it's so tempting to bet a game like tonight, up 24 and lay -4900 and the other team comes back and you risked 14700 bucks to win 300 bucks and you f-ck your whole year up. and i gurantee you that 97% of their action is on the fav. what guy is going to bet the team down 24 at +3400? in a gamblers mind, they think it's money out the window and most gamblers are chasing when they bet live bets.. they figure it's an easy 300 bucks and no chance of losing 14700.. doesn't always work that way.


too dangerous..

[SBR Lou]

i find live betting to be sooooooooo freakin dangerous. it's so tempting to bet a game like tonight, up 24 and lay -4900 and the other team comes back and you risked 14700 bucks to win 300 bucks and you f-ck your whole year up. and i gurantee you that 97% of their action is on the fav. what guy is going to bet the team down 24 at +3400? in a gamblers mind, they think it's money out the window and most gamblers are chasing when they bet live bets.. they figure it's an easy 300 bucks and no chance of losing 14700.. doesn't always work that way.


too dangerous..

Agree with this.

[AgainstAllOdds]

Anyone figured out why MB doesnt have live betting 24/7? Fuk trying to get them to do it...I will start up my own site and charge 1% commision on ever event...Free money son.

[betplom]

I've bet teams that are losing during live wagering at Betfair & Tradesports, usually on the team initially favoured and currently losing (NFL), you can and often do get + M/L in this situation.

Some books, like Bet365 & Stan James offer ridiculously big prices on teams losing the game with lots of time left during live betting.
Too bad these books don't take US action any more.

It takes some balls but it can be profitable.

I remember the outdoor hockey game earlier this year between Pitt & Buffalo, the ice was terrible due to lots of snowfall during the game, score was tied 1-1 in the second period and Bet365 was offering +900 on "no 3rd goal (total) in regulation"
I made a deposit specifically to bet it and after it took a minute to get my money in the line dropped to +750, I bet it and was happy to see passes miss the mark and players have difficulty getting any offense going. Game went to a shootout and my wager was a winner.

I like live betting, I stay away from betting the team leading as the odds are terrible.

[chemist]

Anyone figured out why MB doesnt have live betting 24/7? Fuk trying to get them to do it...I will start up my own site and charge 1% commision on ever event...Free money son.

Because they don't have a market maker lined up. Matchbook don't like ghost markets.

Is matchbook down? I cannot get it to load.

[Ganchrow]

Is matchbook down? I cannot get it to load.

It would appear so.

[robzilla]

matchbook is down

[Ganchrow]

matchbook is down

From Matchbook Trading:

We are apparently having some kind of network outage; I'm told we'll be back online shortly. All open offers will be scrubbed before the site comes back online.

[pavyracer]

These big comebacks is what I'm talking about. Matchy had the ML going on live as well as the spread and total. So many guys out there take the odds at like -5000 early in the game. As the game goes on more and more bets are made at huge odds. In these games where massive comebacks happen matchbook cleans up because such a large amount of money changes hands.

Tonight there was an enourmous amount of live money that changed hands because of the huge risks people took with the Lakers up 21.

So I'm going to congratulate matchbook as well as the Celtics, the team I said all year was head and shoulders better than the 2nd best team.

Why are you congratulating the book? It's like saying thank you very match to the cop that gave you a speeding ticket.

[BuddyBear]

Why anyone would care about this topic is beyond me......

[WileOut]

Why are you congratulating the book? It's like saying thank you very match to the cop that gave you a speeding ticket.

I was just pointing out how much they cleaned up last night. I enjoy matchbook. They are not in any way like a "cop that gave me a speeding ticket". Very enjoyable experience to bet there. Love the live betting.

Tip: Stay away from the big live-game favs. Follow this and live betting's not anymore risky than betting regular games. Unless you are a seasoned vet and know the fav price will go higher without any further action taking place i.e. placing a bet at the start of a commercial knowing it is at the wrong price and will adjust to your benefit so you can sell without anymore action being played and make money. Its just like buying a team overnight thinking the price will go your way and you can take the other team before the game starts. Scalping I think is what they call it. Except its during the game and there are many opportunities in every game for this.

It takes a while but if you play the live games long enough you get a feel for when the price is off and you can capitalize. Last night Boston had just cut it to an 11 point deficit towards the end of the third quarter. Somebody put up odds of Boston +7.5 +300 for thousands of dollars. Boston had the momentum and this was a great bet to take. They ended up covering the spread by what? 12 points or so?

betplom gave a good example of how it can work out for you too.

[rake922]

In college basketball, you can bet both sides at different points in a game...

For example:
Team A goes on a run, you bet team B at +190 or so........ Team B goes on a run, you bet Team A at +165

works out more often than not.

[WileOut]

In college basketball, you can bet both sides at different points in a game...

For example:
Team A goes on a run, you bet team B at +190 or so........ Team B goes on a run, you bet Team A at +165

works out more often than not.

Yes this can work out as well too. Its a good feeling to have 2 green figures up on the screen and it doesnt matter which team covers.