Matchbook liquidity is not great but not so bad either..
I was expecting worse. Liquidity is still not perfect but not so bad either.
Fund your Matchbook account. Let's make the liquidity better..
i would give my left nut in order to still play there.
Did they just make the commisions worse then before?
Matchbook users who post offers will be charged .5% commission while Matchbook users who accept offers will be charged 1%
before u got 0.2% if your bet was taken and u payed 1% if u matched a bet
Originally Posted by the sink
Did they just make the commisions worse then before?
Matchbook users who post offers will be charged .5% commission while Matchbook users who accept offers will be charged 1%
before u got 0.2% if your bet was taken and u payed 1% if u matched a bet
Matchbook Commission Structure
As of April 11th 2011 Matchbook is announcing a new commission structure. Matchbook users who post offers will be charged .5% commission while Matchbook users who accept offers will be charged 1%, calculated on volume.
Matchbook commission rates of 0.5% or 1% will be applied to the win amount for winning trades. For losing trades, it will be applied to the lesser of the stake or win amount.
This subtle change will drive the next phase of growth on the exchange as Matchbook makes a large scale marketing push into Europe and Asia.
Baseball moneyline commission rates are charged at 0.2% for users who post offers and 0.8% for users who accept offers. On all other markets and sports Matchbook users who post offers will be charged 0.5% commission while Matchbook users who accept offers will be charged 1%, calculated on volume.
Matchbook VIP
In the coming weeks, Matchbook will be unveiling Matchbook Rewards, a multi-tiered customer loyalty program where high volume players are rewarded with even lower commission rates.
that's too bad about the commission change...still very low commission tho and better prices than anything else out there...since I joined, I've placed about 90% of my bets there. (mostly NBA and MLB) before it was about 90% on Pinnacle.
interested to see what the VIP stuff is all about
Ye hopefully the change is to get the VIP players better commision and the ones that are not have to pay for it
the new commission structure is worse than before .... you used to get money when you posted offers ....now you get charged
for it ....thats sux for those of you stil playing there
its still lower than any other place but it doesnt really reward you for making markets
Does anyone else have problems getting offers filled? Still better prices than pinnacle with whoever is putting up the market, but damn its hard to get a fill if you want to go a few cents cheaper. Can't see it getting any better with the new commission structure.
I dont use Matchbook much after they left the US market. I feel it has gotten much harder to get orders filled.
I've not been very active during the first few weeks of baseball and the final weeks of NBA and NHL but didn't have much trouble getting matched at prices in excess of Pinnacle's, just as normal for the few bets I've had in that time.Does anyone else have problems getting offers filled? Still better prices than pinnacle with whoever is putting up the market, but damn its hard to get a fill if you want to go a few cents cheaper. Can't see it getting any better with the new commission structure.
not sure why anyone who can use Matchbook doesn't.....better prices than anywhere else by far...I guess people like paying 30 cents more than they could be
Hopefully people will be willing to not stare each other down for so long with only 0.5% difference commission at stake (0.6% for baseball) between offering and taking, as opposed to the 1.2% commission difference before this change.
good point ArtHopefully people will be willing to not stare each other down for so long with only 0.5% difference commission at stake (0.6% for baseball) between offering and taking, as opposed to the 1.2% commission difference before this change.
I know I'll be more likely to accept offers than wait for a match now when it's getting tight
I am still prepared to wait and see how this new ownership operates before I trust them with my money.
so precisely what are you waiting to see ?I am still prepared to wait and see how this new ownership operates before I trust them with my money.
and how long will that take ?
