Matchbook has so much value for American sports

[Hareeba!]

I beleive paddy was owner in 2011

I BELIEVE this is how to spell it.

Paddy may have been part owner in 2011. Regardless, that's history and it can't be done today.

[TennisProFrance]

you're talking ancient history ... those days are now long gone ... the Aussie corporate scene is just full of gutless pommie bookies who simply will not tolerate long term winners

That's true in one sense, but I question whether you are a long term winner?

[allin1]

Oh really, but the fact is that it has happened. I think I'll believe a friend I know personally and saw with my own eyes do it successfully over some guy on a forum.

I got limited at recreational books after winning 3 digits sums without making bets larger than 100euros. That's why I thought it is impossible to run up to 6 digits at rec shops... (unless you win it by playing parlays/accumulators)

What guy on the forum are you talking about? No one said you should believe anyone on the forum

[HeeeHAWWWW]

I got limited at recreational books after winning 3 digits sums without making bets larger than 100euros. That's why I thought it is impossible to run up to 6 digits at rec shops... (unless you win it by playing parlays/accumulators)

It's all about how you bet, not how much you win. Bet value, they spot it, you're gone.

Anyway can get lucky, and a long winning run is no different than the guy who hits a 15-leg parlay, after all. The book does its analysis (however rudimentary/automatic), and judges whether the player is likely to profit in future. If so, it's logical to limit/boot them.

[allin1]

It's all about how you bet, not how much you win. Bet value, they spot it, you're gone.

Anyway can get lucky, and a long winning run is no different than the guy who hits a 15-leg parlay, after all. The book does its analysis (however rudimentary/automatic), and judges whether the player is likely to profit in future. If so, it's logical to limit/boot them.

I thought recreational bookmakers had a "pain barrier" and if you reach it (without 10 teams parlays) they will show you the door.

Is it safe to assume then that if the 20 to 100k story is true then this guy was not presenting any sharp action that would have led him to being limited?

[Hareeba!]

I thought recreational bookmakers had a "pain barrier" and if you reach it (without 10 teams parlays) they will show you the door.

Is it safe to assume then that if the 20 to 100k story is true then this guy was not presenting any sharp action that would have led him to being limited?

Yes, that's one possibility. But more likely I suggest is that he made most of his winnings before the rot set in. Sportsbet used to be an excellent place for punters before Paddy Power took over and brought the UK disease to the industry here.

And it's true that betting style more than profits made is the trigger to being flagged but if you're not getting the best odds then the likelihood of making big profits is much much less. The margins in this caper are too thin to provide long term profits if you're not beating the market on a regular basis.

[jjgold]

Bottom line is Matchbook is excellent for usa sports. Margins tightest in the world, even Tennis and soccer closer to game time are pretty good for most bettors.

[Hareeba!]

What puzzles me about Matchbook is whilst claiming to be seriously wanting to challenge Betfair they limit deposits and withdrawals to $2500 a time! I can move at least $20k in and out of Betfair in a single transaction via Moneybookers.

[BAUS]

What puzzles me about Matchbook is whilst claiming to be seriously wanting to challenge Betfair they limit deposits and withdrawals to $2500 a time! I can move at least $20k in and out of Betfair in a single transaction via Moneybookers.

Agree. It would be nice if MB allowed larger Skrill transactions.

BAUS

[jjgold]

$2500 at a time??

Even with wires???

How about Neteller??

[MatchbookMike]

Hi Hareeba/Baus,

Have you tried depositing on the new site? Skrill and Neteller deposit limits are $1,000,000 and withdrawals are $10k.

Thanks,

Mike

[Hareeba!]

Hi Hareeba/Baus,

Have you tried depositing on the new site? Skrill and Neteller deposit limits are $1,000,000 and withdrawals are $10k.

Thanks,

Mike

Thanks Mike
No, I wasn't aware of that. I did try using the new site but didn't like it so reverted to the old one.
It would have been more helpful had the response to my email on this matter told me what you have rather than just saying:
"We will not be raising this limit Sir.
It is in place for security reasons."

[MatchbookMike]

Sorry about that Hareeba - I'll look in to why you got that response.

As for the new site, there's a brand new update about to land in the next week or so, with a lot of improvements from current version so you should definitely check it out again.

Thanks,

Mike

[BAUS]

No, I wasn't aware of that. I did try using the new site but didn't like it so reverted to the old one.

Same here.

BAUS

[BAUS]

Hi Hareeba/Baus,

Have you tried depositing on the new site? Skrill and Neteller deposit limits are $1,000,000 and withdrawals are $10k.

Thanks,

Mike

I have not tried using the new site. Why wouldn't the classic site also have the limits you mention?

Please keep the classic site.

BAUS

[jjgold]

Baus you're living in the 80s

New site is much more efficient and line changes are quicker

Get with the program

[BAUS]

New site is much more efficient and line changes are quicker

Line changes are the same speed Coach.

BAUS

[MatchbookMike]

Sorry Baus, JJ is correct here. The fastest refresh rate on the classic site is 10 seconds, the price updates on new site are instant, through a technology called websockets.

Open up the two pages on different browsers and you'll see the difference yourself.

Thanks,

Mike

[jjgold]

Baus is not up to speed Mike like me, the new Matchbook software is great and a must for serious players let alone any player. I like the position they are in looking ahead , tons of value for American Sports, Soccer and Tennis. The volume gets better every year, its a must book just like Pinny and Betfair. Mike keep up excellent work.

[potless]

Much prefer the old site (and use that instead of the new one)
New layout a nightmare tbh.
Websockets a bit hit or miss on other exchange sites - can't say how it is on the new site as I found it a pita to use anyway.

[MatchbookMike]

Much prefer the old site (and use that instead of the new one)
New layout a nightmare tbh.
Websockets a bit hit or miss on other exchange sites - can't say how it is on the new site as I found it a pita to use anyway.

Hi potless - what exactly isn't it that you don't like about the new layout - we'd love to get your feedback.

Thanks,

Mike

[BAUS]

Mike,

I have never encountered a software so confusing. Why are there two options for 'back' and 'lay'? Take the Rangers NHL game today. I click on Rangers +140 LAY and enter $5 and it says bet accepted, but then I see I risked $7 on the Penguins at -128. Huh? I've been betting for over 10 years and I still don't get what's going on here. Why are these pink buttons here at all? Also, 'lay' means betting a favorite. 'Back' has no gambling meaning. You can 'back' any team you want. So 'back' vs. 'lay' does not clarify anything for me. Maybe this is a Euro thing?

The main reason I don't use the new software is because I'm worried I'll make a $5000 wager quickly and I'll get the wrong line, or worse, the wrong side, because the software is confusing. I have had accounts at hundreds of online sportsbooks, and if you click the odds next to a team, you're going to be betting on that team. The above example shows this isn't necessarily the case here, and I'm not going to unlearn 10 years of betting instinct overnight.

Next, I need to see where all the pending money is. I can't see that from just selecting the league. That just shows me the volume on the best available number which might be $10. But if I click on a specific game to see all the pending money, I can no longer view other games in the league. The classic version allows me to easily see all the games going on in a league, and I can quickly scroll up and down and see everything going on. It is way too slow switching between games to make any timely moves, and for this reason I am not comfortable making multiple significant offers.

This is supposed to be a trading website, and a trading site has to be fast and show you everything you need to know on one screen. I find the site to be very slow, probably because of excessive features. The new Greek software for example is lightning quick. A less fancy but functional website is what high volume traders want, and I think others have also indicated they prefer the classic view.

Each iteration of the matchbook website, in my opinion, has made the site worse. The classic view allows you to see an entire league, all accepted bets, and all pending bets. That's all I want. I would not pay much attention to the opinion of air bettors such as JJGOLD who are more concerned about looks and features but who are never going to give you any meaningful volume.

BAUS

[BAUS]

Let me also add:

-higher Skrill deposit/withdraw limits is a great move.
-liquidity is as good as ever.
-still waiting for that VIP program you have mentioned in the past.

BAUS

[jjgold]

New site much more efficient
It's night and day

If minor tweaks need to be made Mike will do it

[Hareeba!]

Mike,

I have never encountered a software so confusing. Why are there two options for 'back' and 'lay'? Take the Rangers NHL game today. I click on Rangers +140 LAY and enter $5 and it says bet accepted, but then I see I risked $7 on the Penguins at -128. Huh? I've been betting for over 10 years and I still don't get what's going on here. Why are these pink buttons here at all? Also, 'lay' means betting a favorite. 'Back' has no gambling meaning. You can 'back' any team you want. So 'back' vs. 'lay' does not clarify anything for me. Maybe this is a Euro thing?

The main reason I don't use the new software is because I'm worried I'll make a $5000 wager quickly and I'll get the wrong line, or worse, the wrong side, because the software is confusing. I have had accounts at hundreds of online sportsbooks, and if you click the odds next to a team, you're going to be betting on that team. The above example shows this isn't necessarily the case here, and I'm not going to unlearn 10 years of betting instinct overnight.

Next, I need to see where all the pending money is. I can't see that from just selecting the league. That just shows me the volume on the best available number which might be $10. But if I click on a specific game to see all the pending money, I can no longer view other games in the league. The classic version allows me to easily see all the games going on in a league, and I can quickly scroll up and down and see everything going on. It is way too slow switching between games to make any timely moves, and for this reason I am not comfortable making multiple significant offers.

This is supposed to be a trading website, and a trading site has to be fast and show you everything you need to know on one screen. I find the site to be very slow, probably because of excessive features. The new Greek software for example is lightning quick. A less fancy but functional website is what high volume traders want, and I think others have also indicated they prefer the classic view.

Each iteration of the matchbook website, in my opinion, has made the site worse. The classic view allows you to see an entire league, all accepted bets, and all pending bets. That's all I want. I would not pay much attention to the opinion of air bettors such as JJGOLD who are more concerned about looks and features but who are never going to give you any meaningful volume.

BAUS

sounds as though you've never used Betfair?
this is pretty much the same though doesn't have as much market depth view available
and they don't disclose the volume of matched bets like Betfair do

[MatchbookMike]

Hi Baus,

If you go to Account > Display Preferences and switch the exchange type to Binary, you'll no longer see any of the 'lay' odds.

We'll have a new version out next week with a Shortlist feature that will allow you to create a page with only the markets you want to view, and all the pending money available - should be a good alternative to the Show Alls on the classic site, and will allow you to benefit from the quicker price updates, among other advantages on the new site.

Thanks,

Mike

[BAUS]

sounds as though you've never used Betfair?
this is pretty much the same though doesn't have as much market depth view available
and they don't disclose the volume of matched bets like Betfair do

No, never. Not with their premium charges, 3.1 million dollar theft, etc.

BAUS

[Hareeba!]

No, never. Not with their premium charges, 3.1 million dollar theft, etc.

BAUS

you're costing yourself then
I've been using them regularly for a dozen years
never had to pay any premium charge
and never been robbed, nor have any of the many others I know who use them

[potless]

BF robbed some folk today because of their incompetence in being able to set a market up correctly cost their skimming bot - maybe you missed it .
Anyway so as to not go off topic - apart from the back/lay stuff mostly agree with Baus's post above.
Clutter, overview and ease of navigation all way behind Bf or Daq

Useful site just not the greatest interface.

[jjgold]

Baus your not even remotely close to betfair premium charges

That is for big volume players

Anyone non American not playing at Betfair is a major square and does not understand the value of low juice

[Hareeba!]

Baus your not even remotely close to betfair premium charges

That is for big volume players

Anyone non American not playing at Betfair is a major square and does not understand the value of low juice

very true but if you're only betting on US sports Betfair, though useful, is hardly a must

[BAUS]

Hi Baus,

If you go to Account > Display Preferences and switch the exchange type to Binary, you'll no longer see any of the 'lay' odds.

We'll have a new version out next week with a Shortlist feature that will allow you to create a page with only the markets you want to view, and all the pending money available - should be a good alternative to the Show Alls on the classic site, and will allow you to benefit from the quicker price updates, among other advantages on the new site.

Thanks,

Mike

Thanks Mike. I've been playing around with it and it is certainly a much better layout in binary mode.

BAUS

[BAUS]

you're costing yourself then
I've been using them regularly for a dozen years
never had to pay any premium charge
and never been robbed, nor have any of the many others I know who use them

I opened a BF account once. Just looking at it gives me a headache. No option to show odds in US format either.

I just don't see the difference on US sports. NHL games at BF have about the same liquidity as Matchbook.

Who has better commission rates between the two?

BAUS

[BAUS]

Baus your not even remotely close to betfair premium charges

That is for big volume players

Anyone non American not playing at Betfair is a major square and does not understand the value of low juice

There is low juice at Matchbook also Webber.

BAUS

[BAUS]

BF robbed some folk today because of their incompetence in being able to set a market up correctly cost their skimming bot - maybe you missed it .

I've always got the feeling that Betfair is operated by the Russian mob...this poster passes.

BAUS