Matchbook Downgraded?

Boner_18 · 12-30-09, 12:06 PM

I would like to play at MB but moving funds around with them is a nightmare.

JELLYBEAN · 12-30-09, 01:03 PM

Anyone who sends money to Any offshore sportsbooks should have there head examined. They control when they feel like paying you. They hold your money and charge you a kings ransom to withdraw it. Find your self an agent who can get you into all the top tier books and you will not have to deal with the nonsense.

This is a public service announcement

robertg · 12-30-09, 01:04 PM

i'd really like to know whats going on with matchbook. A few weeks ago the story was they were taken over by new owners??? never really heard who. never was clear on who owned it in the first place(wsex or whoever). And now a downgrade without explanation. It would be nice if SBR staff, in the know, would enlighten us as to what all the recent changes entail and the reasons for the downgrade.

roasthawg · 12-30-09, 07:59 PM

Originally posted by robertg

i'd really like to know whats going on with matchbook. A few weeks ago the story was they were taken over by new owners??? never really heard who. never was clear on who owned it in the first place(wsex or whoever). And now a downgrade without explanation. It would be nice if SBR staff, in the know, would enlighten us as to what all the recent changes entail and the reasons for the downgrade.

+1... is it time to be nervous about my money in MB? I have most of my bankroll with them... what is the reason for the downgrade??

HedgeHog · 12-30-09, 09:04 PM

Big drop. What's next, C- by summer?

Ruifgalmeida · 12-30-09, 09:17 PM

since mb is a exchange banning clients is not a issue, so most be players funds in dangeur

sinkhole · 12-30-09, 09:51 PM

"We are imposing a limit of three cashier transactions per week (7 days) for all accounts.
This includes all transfers, deposits and withdrawals.
If you wish to have more then three transactions per week, there will be a
1% fee charged on the transaction amount which will be taken from your commission credits balance if available."

UV82 · 12-30-09, 10:01 PM

3 transaction per is OK ... but what is the reason for the downgrade to B... anyone at SBR can explain?

sinkhole · 12-30-09, 10:55 PM

3 transcactions is shit when they count deposit and withdrawals and u can only withdraw $2500 at one time...
this is so ****ing bad, why not just put a 2time rollover on every deposit and let ppl deposit and withdraw as much as they want...
betfair is so much better then matchbook on everything else then the commission

WileOut · 12-30-09, 11:27 PM

I would like to hear why the drop too. Matchbook was pretty much co #1 book used by SBR posters in the last poll.

ArunSh · 12-31-09, 12:13 AM

Yes there should be an explanation posted about such a big drop.

DeluxeLiner · 12-31-09, 12:27 AM

yikes...mb backed by wsex? they downgraded too?

miektheman · 12-31-09, 11:45 AM

** You are now speaking with Craig Constant, General Inquiries. **
MIKE : hello
Craig Constant : Hello. Thank you for contacting us at Matchbook.
Craig Constant : How may I help you?
MIKE : i read on the forums something about matchbook limiting trasnactions to 3 per 7 days
MIKE : is this true? has a rule changed?
Craig Constant : only for certain users who seem to be using matchbook to do passthrough transactions.
MIKE : ok, cool. becasue i did not see it anywhere on the site and that news kind of scared me
Craig Constant : ok, no need to be
MIKE : also, sbr lowered you from a- to B the other day with no explanation
MIKE : do you know the reason for that?
Craig Constant : have no idea
MIKE : have you heard about it?
Craig Constant : nope
MIKE : ok, thanks for the info
MIKE : good da

Chuck Sims · 12-31-09, 01:34 PM

Originally posted by DeluxeLiner

yikes...mb backed by wsex? they downgraded too?

MB is not backed by WSEX.

Its the end of the football season. Forum owners want sportsbooks to continue to pay them during the off season. The sportsbooks that say no, sometimes get the downgrade. Its bogus but SBR is a for profit business. They are going to protect sportsbooks that pay them foremost.

sinkhole · 12-31-09, 02:42 PM

Originally posted by miektheman

** You are now speaking with Craig Constant, General Inquiries. **
MIKE : hello
Craig Constant : Hello. Thank you for contacting us at Matchbook.
Craig Constant : How may I help you?
MIKE : i read on the forums something about matchbook limiting trasnactions to 3 per 7 days
MIKE : is this true? has a rule changed?
Craig Constant : only for certain users who seem to be using matchbook to do passthrough transactions.
MIKE : ok, cool. becasue i did not see it anywhere on the site and that news kind of scared me
Craig Constant : ok, no need to be
MIKE : also, sbr lowered you from a- to B the other day with no explanation
MIKE : do you know the reason for that?
Craig Constant : have no idea
MIKE : have you heard about it?
Craig Constant : nope
MIKE : ok, thanks for the info
MIKE : good da

you can do more then 3transactions but then u have to pay 1%

miektheman · 12-31-09, 03:32 PM

does it say so on their site?

Salamander · 12-31-09, 03:43 PM

So will they ignore the downgrade like bet365 or will they take it seriously like Bodog?

trumpdown · 12-31-09, 03:51 PM

Originally posted by Chuck Sims

MB is not backed by WSEX.

Its the end of the football season. Forum owners want sportsbooks to continue to pay them during the off season. The sportsbooks that say no, sometimes get the downgrade. Its bogus but SBR is a for profit business. They are going to protect sportsbooks that pay them foremost.

Good angle Chuck. I believe SBR is better than others when it comes to shading sponsors. ie: Covers..has some horrible books advertise all over their site.

Bill Dozer · 12-31-09, 03:51 PM

Originally posted by Chuck Sims

MB is not backed by WSEX.

WSEX does stand by Matchbook. That comes from WSEX themselves. It's a parent sportsbook relationship. The problem is the parent sportsbook hasn't been at the A level for a while and processing continues to be an issue as football winds down. That's withdrawal season. Matchbook is trying some new more aggressive things with their business plan leaving SBR to consider bringing the two ratings more in line as we see how things work out. It's going to be a big couple of months for WSEX and we hope to do some rating upgrades for both after they service players at a high level at the close of season.

trumpdown · 12-31-09, 03:55 PM

Originally posted by Bill Dozer

WSEX does stand by Matchbook. That comes from WSEX themselves. It's a parent sportsbook relationship. The problem is the parent sportsbook hasn't been at the A level for a while and processing continues to be an issue as football winds down. That's withdrawal season. Matchbook is trying some new more aggressive things with their business plan leaving SBR to consider bringing the two ratings more in line as we see how things work out. It's going to be a big couple of months for WSEX and we hope to do some rating upgrades for both after they service players at a high level.

Thanks for the explanation Bill. I will remain cautiously optimistic in both MB and WSEX. Have a GRAND New Year

sinkhole · 12-31-09, 04:23 PM

Originally posted by miektheman

does it say so on their site?

I got an email 28 december:
We are imposing a limit of three cashier transactions per week (7 days)
for all accounts. This includes all transfers, deposits and withdrawals.
If you wish to have more then three transactions per week, there will
be a 1% fee charged on the transaction amount which will be taken from
your commission credits balance if available.
it says all customers

miektheman · 12-31-09, 04:30 PM

well i have rceived no such email nor does it say so on their site. have you done a lot of book to book trasnfers with them? with minumum rollovers?

HedgeHog · 12-31-09, 04:44 PM

Originally posted by Bill Dozer

WSEX does stand by Matchbook. That comes from WSEX themselves. It's a parent sportsbook relationship. The problem is the parent sportsbook hasn't been at the A level for a while and processing continues to be an issue as football winds down. That's withdrawal season. Matchbook is trying some new more aggressive things with their business plan leaving SBR to consider bringing the two ratings more in line as we see how things work out. It's going to be a big couple of months for WSEX and we hope to do some rating upgrades for both after they service players at a high level at the close of season.

Thanks for putting the MB downgrade in context. Makes sense.

increasedodds · 12-31-09, 06:03 PM

If you need more than 12 transactions per month, I'd say - one you shouldn't be betting offshore and 2 no book would really want you anyways.

I mean come on - these people are not banks, moving money is a royal pain in the ass for books, and they dont need players who want to move it 4 times/week.

I've had money at Matchbook all football season and I've made a total of 4 transactions - deposit, transfer to greek, transfer to greek, transfer to 5dimes.

Why would any book want someone who is making 2-3 withdrawals every week?

Seems like business to me.

I should add each transfer was sizeable and done in under 30 minutes.

sinkhole · 12-31-09, 06:15 PM

Am I the only one that got that email?
they could just put a 3times rollover on my deposits and let me do as many deposits/withdrawals as I want...
betfair does not charge any transaction...

sinkhole · 12-31-09, 06:19 PM

this month I have done 6deposits and 8withdrawals
if they allowed more then $2500 on the withdrawals it would have been maybe 3...
I use moneybookers

SPECULATOR 13 · 12-31-09, 07:02 PM

Originally posted by Bill Dozer

WSEX does stand by Matchbook. That comes from WSEX themselves. It's a parent sportsbook relationship. The problem is the parent sportsbook hasn't been at the A level for a while and processing continues to be an issue as football winds down. That's withdrawal season. Matchbook is trying some new more aggressive things with their business plan leaving SBR to consider bringing the two ratings more in line as we see how things work out. It's going to be a big couple of months for WSEX and we hope to do some rating upgrades for both after they service players at a high level at the close of season.

Bill thank's for the clarification,i depend totally on matchy to raise a proper bankroll for the next nfl/nhl season in Sept.010,as you can imagine being in that situation i get nervous very easily.

Now Bill for a birthday present could you be kind enough,
and look once and for all for the love of god into that betmaker situation and maybe ask Richardson to let us know what is going on?Hardly any of the bets there are ever matched,even for the NFL!
Also bill could you ask the excellent Richard from BetPhoenix to update us on the exchange they are planning to open.
happy and prosperous new year old chum

SPECULATOR 13 · 12-31-09, 07:11 PM

Originally posted by JELLYBEAN

Find your self an agent who can get you into all the top tier books and you will not have to deal with the nonsense.
This is a public service announcement

What do you mean by agent JELLY and why do you need them to deal with a book?

andywend · 12-31-09, 07:28 PM

Anyone who sends money to Any offshore sportsbooks should have there head examined. They control when they feel like paying you. They hold your money and charge you a kings ransom to withdraw it. Find your self an agent who can get you into all the top tier books and you will not have to deal with the nonsense.

This is the WORST advice ever posted on this forum.

Sawyer · 12-31-09, 08:08 PM

Matchbook is great. I can't believe Bookmaker is on Top Rated Books list! Bookmaker should be at least B-!

Matchbook is A book in my eyes