matchbook's direct bank deposit

[jackkkk2009]

Has anyone every tried matchbook's bank direct deposit? if yes, how good and easy is that?

[Chuck Sims]

Its new, let us know how smoothly it works. Is it the one they charge 3½% but you are reimbursed via commission credits?

[jackkkk2009]

yes, matchbook says they will fully reimbursed the fee in form of commission credit

[HeeeHAWWWW]

Minor problem there is you get addicted to offering, and end up paying no commission. I've got a huge stack of credit there, never using it up :-)

[j-e-t-s jets]

Still can't believe these books attempt to go back to bank/check deposits. The government will catch this shit in a second. Stick with **/**, Fedex, etc.

[KC]

It works well, a good deposit option for them done through a third party, no problems.

[RickySteve]

Very slow, takes 7-10 days.

[losturmarbles]

Minor problem there is you get addicted to offering, and end up paying no commission. I've got a huge stack of credit there, never using it up :-)

the rebate is awesome. i just hate that i have to keep checking to see if my offer has been matched.

accepting an offer and paying 1% is still usually better than most other book's prices.



about this deposit option, they had it a while back, and they put the kibosh on it for some reason. it may happen again, but in the mean time, better than nothing. i dont think matchbook is accepting **/** right now.

[HeeeHAWWWW]

the rebate is awesome. i just hate that i have to keep checking to see if my offer has been matched.

accepting an offer and paying 1% is still usually better than most other book's prices.

True, but if you have time and patience to queue, you do get a lot better price. For examle, take evens and you essentially get -102 after commission. Offer one notch higher, and you're at +101.2 after rebate.

That's really adds up in the long run - say you do 100 x 1 unit bets at -105, and win 54 of them for +5.4 net profit. If you offered 1 notch higher on all, that's 7.2 units profit instead, or 33% greater profit (and of course you're getting a better price than any book to start with). The more profitable you are the less that matters, but for those making 2-3% RoI longrun the difference is huge.


ps I am very drunk, so some or quite possibly all of these figures might be complete nonsense. General principle is right though :-)

[losturmarbles]

True, but if you have time and patience to queue, you do get a lot better price. For examle, take evens and you essentially get -102 after commission. Offer one notch higher, and you're at +101.2 after rebate.

That's really adds up in the long run - say you do 100 x 1 unit bets at -105, and win 54 of them for +5.4 net profit. If you offered 1 notch higher on all, that's 7.2 units profit instead, or 33% greater profit (and of course you're getting a better price than any book to start with). The more profitable you are the less that matters, but for those making 2-3% RoI longrun the difference is huge.


ps I am very drunk, so some or quite possibly all of these figures might be complete nonsense. General principle is right though :-)

i think i need more time and patience to queue

[andrea]

Has anyone every tried matchbook's bank direct deposit? if yes, how good and easy is that?

Isn't it risky since it is direct transfer?

[Fishhead]

GOLD-PAY is the way to go.

[durito]

bank wire is the way to go.

fyp