Matchbook also a credit shop?

**WileOut** · 04-20-09, 09:40 AM

Since I saw the Shrinks picture on an Oddsmaker promotion I received in the mail guaranteeing Oddsmaker to be legit on his name, I don't believe a word.

On that note, BetCris (Bookmaker) and the Greek write credit if I'm not mistaken, do you not trust them?

I read a thread here where a poster claimed they were paid by check recently in 3 days from matchbook. By regular mail.

**Matt Rain** · 04-20-09, 09:44 AM

All the big guys offer credit, but they're working with 20-cent lines and/or huge volume. Matchbook's hold is probably tiny in comparison. If they have to deal with potential bad debt on top of that, ugh.

**WileOut** · 04-20-09, 09:55 AM

Who knows if its true or not. matchbook may be going to stop advertising there and that could be leading to the comments. Just no way to know if its true or not.

If it is true and they are dealing with trustworthy books then I wouldn't worry at all. If they do give credit they probably give it out to the same books they do book to book transfers with, which are all A or A+ books.

But who knows. I really don't care. They have never had payout issues at all.

**Matt Rain** · 04-20-09, 10:12 AM

I would tend to think that you are right. Thing is, I seldom ask for payouts, only to move money around when one account gets low. I have more money offshore than anywhere else, and some of it is not mine. Hence my concern.

I'm not really worried about them going under, but I used to have this vision of Matchbook being a 100% safe outfit. Was probably naive of me.

**WileOut** · 04-20-09, 10:13 AM

Matt I read the thread you were talking about. Shrink said matcbook was the best book out there for baseball. He was backing matchbook. Here is what he said, not that I care:

"I certainly have a feel for what's going on at Matchbook since I visited some of their main guys in Antigua recently....

You could not be any further off-base.

Matchbook is a cash cow.

They make money off the tremendous volume of bets that take place between gamblers/punters...

They can't possibly lose since an analogy of their business model is akin to someone who cuts the pot all night during a large stakes poker game...

If you are going to come in here and scream "fire," you better be able to back it up...

No other sports book comes close to competing with Matchbook when it comes to gambling on Baseball...

NO ONE...

THE SHRINK"

Then he went on to say in another post that matchbook writes huge credit. But that really doesn't mean anything to me. Every business writes credit.

**Matt Rain** · 04-20-09, 10:19 AM

I did read that post several times, and I believe that Shrink put his foot in his mouth by adding that Matchbook writes credit. I can't be the only one who thinks that.

It also shines a different light on the recent commission structure change. Feels as though it might have been done out of necessity.

I may well be paranoid.

**JELLYBEAN** · 04-20-09, 11:17 AM

100% true.

**Matt Rain** · 04-20-09, 11:22 AM

Originally posted by JELLYBEAN

100% true.

Care to elaborate? Are you a credit player at Matchbook?

**JELLYBEAN** · 04-20-09, 11:31 AM

I won't elaborate.

thanks

**Doug** · 04-20-09, 02:31 PM

I read the thread too. I thought it was strongly implied that Matchbook does not offer credit, I thought I saw that stated before.

They certainly have claimed to not seed their own markets... another form of risk.

I guess credit to A books would be OK ? Why do these books need to layoff action, though ?

**Thremp** · 04-20-09, 02:44 PM

Why would it matter? Are credit players going to orchestrate a massive coordinated scam?

**Matt Rain** · 04-20-09, 02:58 PM

Originally posted by Thremp

Why would it matter? Are credit players going to orchestrate a massive coordinated scam?

Probably not. I guess it's not such a big deal if credit accounts are mostly sportsbooks with deep pockets. But it seems to me that it wouldn't take that many bad apples to turn Matchbook's razor-thin margins into a losing proposition for them.

**Mark Shark** · 04-20-09, 05:07 PM

Is Matchbook down for any of you?

**Keith Richard** · 04-20-09, 05:09 PM

Yup

**Keith Richard** · 04-20-09, 05:11 PM

WSEX is also down for me but that would figure anyway.

**Mark Shark** · 04-20-09, 05:24 PM

Thanks Guys.

**Kaps** · 04-20-09, 05:29 PM

....this sux ...i have alot of working orders that were left in there ....and this time if i get hit on any of them because lines moved alot i will be very pissed off

**Mark Shark** · 04-20-09, 05:44 PM

up now guys

**JBC77** · 04-20-09, 07:04 PM

I'm not sure who the big players are at Matchbook but they don't want us in on their game. I share the following story with you:

Last year I was interested in providing a decent chunk of liquidity and making markets on Matchbook. I wanted to start with a minimum of $10K and I would have put as much as $20K in.

I approached SBR's own justin7 for help. I simply asked him to school me in the nuances of making markets on Matchbook. I didn't want to go it alone without being fully schooled on what markets out there are most profitable and where I should start in this endeavor. I wanted some help, some advice. This was right around the time he was fielding questions for his SBRTV segments. He blew me off time and time again when I asked him. I caught up with him at the 2008 SBR bash in Vegas and I asked him again. He gives me some bullsh1t excuse, "not sure if Matchbook wants that information public.".....and he blew me off again. Bascially justin7 refused to help me get started out there. That raised more questions in my mind about who is behind Matchbook.

Why would justin7 not assist a long time poster in providing, at that time, much needed chunks of liquidity at Matchbook?

I'll tell you why. Because justin7, along with several big offshore players want to make all the money out there for themselves. They must want to book all the action on that site and don't want any so called little guys from the SBR forum involved. You can say with certainty that the offshore books are laying off action there. The bottom line is that there are a few heads booking all the bets and raking in the cash.

Justin7, if you read this, I turned to you because I know your one of the sharpest guys out here. You basically insulted me with your bullsh1t a$$ excuse that Matchbook doesn't want that info public. Matchbook doesn't want more liquidity out there? You see what I'm saying justin. Maybe next time I ask you a serious question repeatedly, instead of being a punk a$$ bitch and insulting my intelligence with gay a$$ answers you could privately explain to me what the f!@## is the problem. Until then I can only speculate but I'm willing to wager that I'm not that far off from the truth.

**Justin7** · 04-20-09, 07:24 PM

JBC,

Sorry I couldn't help you. There are things that just aren't discussed in public. Not bad things, but areas where discretion is required.

**Thremp** · 04-20-09, 07:28 PM

What a lol callout. Did you ask to **** his wife? Are you gonna post another lame TR when he declines that as well?

**LVHerbie** · 04-20-09, 07:44 PM

I'm always amazed me that people like Justin share as much info as they do... I think alot of the advantages that have been lost long term are because too many people think gambling should be a community building activity instead of individuals focused on making money...

**jjgold** · 04-20-09, 07:53 PM

It makes sense because Matchbook would have no volume without it and would be closed down. There is no way the volume there is from regular $25 players.

**Santo** · 04-20-09, 07:59 PM

Originally posted by LVHerbie

I'm always amazed me that people like Justin share as much info as they do... I think alot of the advantages that have been lost long term are because too many people think gambling should be a community building activity instead of individuals focused on making money...

This is true, and in the past I've also been guilty of sharing too much. When the first couple of opportunities dry up, you learn to be more protective of the information. Some stuff is still shared, but amongst much smaller circles than SBR, and other stuff can't be shared at all, as there is literally only room for 1-2 decent sized players.

**JBC77** · 04-21-09, 05:48 AM

Originally posted by Justin7

JBC,

Sorry I couldn't help you. There are things that just aren't discussed in public. Not bad things, but areas where discretion is required.

I knew that justin. You could have just told me that and I would have had more respect for you than the crap excuse you fed me. Thats all man. Ya know. I respect people when they are up front with me.

It left me with more questions than answers. I asked myself why a book wouldn't want someone using a feature of their website (market maker)?

It's water under the bridge justin.

**Thremp** · 04-21-09, 12:49 PM

Too bad it wasn't water under the bridge 11 hours before when you decided to start casting aspersions.

**JELLYBEAN** · 04-23-09, 11:22 AM

I set markets all day long at matchbook and earn every week. You dont have to be an arrogant genius like this justin7 guy to do it.