Matchbook Question

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  • onthewhat
    Restricted User
    • 05-14-08
    • 15411

    #1
    Matchbook Question
    I don't play on Matchbook but I was wondering, lets say there is $10,000 of action on Team A but $15,000 on Team B. What happens with the $5,000 that isn't matched, how do they determine who's bets have no action or whatever?
  • Francis Sollozzo
    SBR MVP
    • 11-15-07
    • 2381

    #2
    the 5K is an OFFER , if not ACCEPTED is returned
    Comment
    • onthewhat
      Restricted User
      • 05-14-08
      • 15411

      #3
      so why does everyone advocate playing on Matchbook if it's possible that you can't even get all the bets you want accepted?
      Comment
      • bmw530i
        Restricted User
        • 04-19-08
        • 4058

        #4
        OTW whats up man, you get back on track last night right?
        Comment
        • onthewhat
          Restricted User
          • 05-14-08
          • 15411

          #5
          Originally posted by bmw530i
          OTW whats up man, you get back on track last night right?
          yep...hit a +320 dog
          Comment
          • bmw530i
            Restricted User
            • 04-19-08
            • 4058

            #6
            nice to see NJ do well, side note that new development going up next to giants stadium, is going to have indoor surfing.
            Comment
            • dwaechte
              SBR Hall of Famer
              • 08-27-07
              • 5481

              #7
              Originally posted by onthewhat
              so why does everyone advocate playing on Matchbook if it's possible that you can't even get all the bets you want accepted?
              The point is that the market is setting the price. If you offer at a reasonable market price, for most major sports, you're going to get matched.
              Comment
              • MonkeyF0cker
                SBR Posting Legend
                • 06-12-07
                • 12144

                #8
                Originally posted by onthewhat
                I don't play on Matchbook but I was wondering, lets say there is $10,000 of action on Team A but $15,000 on Team B. What happens with the $5,000 that isn't matched, how do they determine who's bets have no action or whatever?
                Either you're using the wrong terminology or you don't understand the fundamentals of Matchbook. For clarification's sake, the numbers for each side represent the total amount of offers at each available line (the 3 best in queue for each side are shown). Most likely, the 10k offer on one side isn't the same person's 15k offer on the other side as well. Although, it is possible, it's not probable. In fact, the 10k and the 15k are most likely comprised of multiple offers from different people. Matchbook uses a fair principle for matching offers with those willing to accept them (by submitting a bet at the odds offered). They use what is called FIFO in the computing world, which means first in first out. So whoever offered that line first, out of the remaining offers, no matter if it's $0.01 or $100,000, their offer gets filled first. To the person making the wager, however, this is transparent. When you make a bet, you might be filling 4 offers or you might be filling 1/8 of 1 offer.
                Comment
                • Brock Landers
                  SBR Aristocracy
                  • 06-30-08
                  • 45359

                  #9
                  how is it the lines at matchbook are essentially the same as everywhere else, within 20 cents or so, if the market is setting the numbers, how come they are never wildly off on some games? i don't play there so forgive my ignorance of how they work, but it seems to me they just start off with basically whatever the vegas line is and move it from there, not "make their own market"
                  Comment
                  • ico2525
                    SBR Wise Guy
                    • 07-30-08
                    • 598

                    #10
                    20 cents is a big deal. If the line on a favorite MLB team is -160 and you can find it at Matchbook for -140, that's a big difference. A lot of people like to bargain and negotiate.

                    e.g. Someone sees Pinnacle has the Angels at -182, he goes to Matchbook to place his bet at -180.
                    Comment
                    • TodaysAction
                      Restricted User
                      • 08-01-08
                      • 12762

                      #11
                      Originally posted by Brock Landers
                      how is it the lines at matchbook are essentially the same as everywhere else, within 20 cents or so, if the market is setting the numbers, how come they are never wildly off on some games? i don't play there so forgive my ignorance of how they work, but it seems to me they just start off with basically whatever the vegas line is and move it from there, not "make their own market"
                      Matchbook is a great out to have. If you like TEAM A and they are -150 to -160 elsewhere, you could put out an offer at MB for taking them TEAM A but at -140/-150. You can also "erase" money by betting the other side of the game, freeing it up a lot sooner. It's worth the time and effort to have.
                      Comment
                      • Brock Landers
                        SBR Aristocracy
                        • 06-30-08
                        • 45359

                        #12
                        Originally posted by TodaysAction
                        Matchbook is a great out to have. If you like TEAM A and they are -150 to -160 elsewhere, you could put out an offer at MB for taking them TEAM A but at -140/-150. You can also "erase" money by betting the other side of the game, freeing it up a lot sooner. It's worth the time and effort to have.
                        wow, i will have to get set up there. Seems like they are making it difficult for people to get money in though
                        Comment
                        • TodaysAction
                          Restricted User
                          • 08-01-08
                          • 12762

                          #13
                          Originally posted by Brock Landers
                          wow, i will have to get set up there. Seems like they are making it difficult for people to get money in though
                          Call their customer service number and explain to them any troubles you're having setting up an account/making a deposit.
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