Has Matchbook lost it?

[hhsilver]

Fish head , maybe you can answer my question from above about MB rollover and betting both sides of a game. Please.

[Fishhead]

Fish head , maybe you can answer my question from above about MB rollover and betting both sides of a game. Please.

I'm not sure, all you have to do is take 3 minutes and ask them via their chat....................

ROLLOVERS are not an issue for me at MB, so never really inquired.

[Chuck Sims]

Fish head , maybe you can answer my question from above about MB rollover and betting both sides of a game. Please.

I'll answer it. If you bet both sides, the profit/loss you make on those two bets is counted toward the rollover.

To give an example on what MB goes through with some bettors. When it was a 1x rollover for incoming transfers, a player transfered $1500. He bet both sides of a game for $750 each. He then requested a withdraw for $1500. MB is not Neteller.

[Fishhead]

I'll answer it. If you bet both sides, the profit/loss you make on those two bets is counted toward the rollover.

To give an example on what MB goes through with some bettors. When it was a 1x rollover for incoming transfers, a player transfered $1500. He bet both sides of a game for $750 each. He then requested a withdraw for $1500. MB is not Neteller.

......and this makes 140% perfect sense!

[trumpdown]

I'll answer it. If you bet both sides, the profit/loss you make on those two bets is counted toward the rollover.

To give an example on what MB goes through with some bettors. When it was a 1x rollover for incoming transfers, a player transfered $1500. He bet both sides of a game for $750 each. He then requested a withdraw for $1500. MB is not Neteller.

Correct me if I'm wrong here, but you wouldn't want to bet both sides if your purpose was to complete roll-over as your profit/loss would balance each other out minus any +/- juice. The "better" yet more risky strategy to complete roll-over would be to bet one side and the other money-line if the spread is low enough. (You would just prefer to avoid any risk of a push) This way your profit/loss would be much higher. Of course you could always bet the other side at another book, or perhaps in-play at 2 different places etc...My .02

[PatrickBateman]

Besides the transfer rollover...Has anyone had any other ill dealings with MB?

[hhsilver]

I'll answer it. If you bet both sides, the profit/loss you make on those two bets is counted toward the rollover.

To give an example on what MB goes through with some bettors. When it was a 1x rollover for incoming transfers, a player transfered $1500. He bet both sides of a game for $750 each. He then requested a withdraw for $1500. MB is not Neteller.

Thanks Chuck.

I wasn't thinking of it as a way around the rollover. It's just that the nature of MB is conducive to arbing/scalping and is the normal thing , I imagine , for many of their players. And you are not betting against them as with other books. Each side that you bet generates commission for them. And surely they could tell the difference between a regular player and someone who transfers in and tries to withdraw quickly as you describe.

In any case, it's not a problem or concern for me. But I was curious about it.

[trumpdown]

Each side that you bet generates commission for them. And surely they could tell the difference between a regular player and someone who transfers in and tries to withdraw quickly as you describe.

Frankly, for some reason they don't care. They watch everyone and their transfers like a hawk. Personally, I would fit your definition as a "regular" player, and was merely trying to fund them and WSEX from a traditional source. I specifically told them my intentions were not to lesson my play at MB. The one time I transferred some to WSEX I added more to MB from 5Dimes. I made 2 transfers to MB from 5Dimes and wanted a second transfer to WSEX and they were warning me about "pass-through" and I was only playing there a month. So I never added any additional, and now am curious how they react when I want to put the max per week back to MB from WSEX. Something is going on and it doesn't make any sense.....

[Dark Horse]

Upon further reflection, the Martingalian speed with which they have increased rollover, from no rollover, to 1x rollover a few months ago, to 2x rollover last month, and 4x rollover today, tells the whole story. That is how they plan on paying people. Basically, they're down to a ponzi scheme. If they get in deeper trouble, they'll just increase rollover more.

From 1 to 4 went virtually unnoticed. People are still cheering. So far, so good. From 4 to 16 may run into a little more opposition. Then again, maybe not...

[Doug]

I'm like FH, the rollover at MB doesn't bother me, you can rollover your entire balance ( or more) in one day.

Here's the thing to watch for....

If other books stop doing transfers with MB, it is time to panic.

[Fishhead]

I'm like FH, the rollover at MB doesn't bother me, you can rollover your entire balance ( or more) in one day.

Here's the thing to watch for....

If other books stop doing transfers with MB, it is time to panic.

Here are the facts.......

If MB doesn't stay in existance, IT WILL HURT EVERY REPUTABLE BOOK IN THE BUSINESS IN SOME FORM OR ANOTHER.

Hell, hundreds of U.S. bettors will completely leave the offshore world 100% completely if that happens, including probably you Doug...............

[Chuck Sims]

The Greek suddenly went 4x rollover too. I guess they are running a ponzi scheme too.

Rollover does not bother me in the least at MB. During NFL and MLB, I'll complete the rollover within 7-10 days.

What bothers me is why MB is denying me to deposit money into their book!!!!!!!!!!!!!

[Doug]

Here are the facts.......

If MB doesn't stay in existance, IT WILL HURT EVERY REPUTABLE BOOK IN THE BUSINESS IN SOME FORM OR ANOTHER.

Hell, hundreds of U.S. bettors will completely leave the offshore world 100% completely if that happens, including probably you Doug...............

Yes, FH, I'd be out if MB leaves.

A lot of shit happening two weeks before the Stupidbowl, not after.

Matchbook is essential to making any money at this shit, with no MB what's left ?....

a few -110 shops like Greek and CRIS, that are hard to beat

even fewer -105's, that won't keep you if you win.

time to quit with no Matchbook !

Yes, that will hurt the rest.

I see locals becoming the choice for casual players.

[Doug]

I quit smoking, I guess I can quit gambling, too !

[Fishhead]

I quit smoking, I guess I can quit gambling, too !

Keep the faith, we will battle somehow, someway.

[Chuck Sims]

This must be a case by case thing, because I had no problem adding fund. But my fund was in the low 4 figures, and I normally put 2-10k worth of action for them each day.

Did you have a lot of money left in MB? And they know your just going to do a book to book transfer out right away?

Yes, I had money in my account and I had made a withdraw a few days earlier. But because of future bets into the Heisman markets, I was running low on available cash and wanted to add more money into the Heisman markets. My deposit was denied.

[Doug]

Keep the faith, we will battle somehow, someway.

I remember Chuck Sims from long ago at the RX, FH . I always thought well of him, kind of a straight-shooter...RX didn't like him.

FH openly states SBR gives a grade to SBR advertisers....probably correct, too !

Who do you trvst now ?

I trust known posters.

My updated list:

Matchbook
5D




Phoenix/ Mania
5Dimes


Greek

[Doug]

Keep the faith, we will battle somehow, someway.

I'm ready to quit a lot of other things....

quit being married
even, quit drinking
quit living in the US

[Fishhead]

I remember Chuck Sims from long ago at the RX, FH . I always thought well of him, kind of a straight-shooter...RX didn't like him.

FH openly states SBR gives a grade to SBR advertisers....probably correct, too !

Who do you trvst now ?

I trust known posters.

My updated list:

Matchbook
5D




Phoenix/ Mania
5Dimes


Greek

As far as safety, I put these two way out ahead of the pack ............

GREEK/BETJAM
HERITAGE

Other I feel confortable with AT THIS TIME(this could change instantly)......

MATCHBOOK
BOOKMAKER
PHOENIX
5DIMES
CARIB

[Chuck Sims]

Hi Doug, CRIS/Bookmaker & The Greek/Bet Jamaica are not going anywhere.

You have posted here a long time. I think you know too SBR ratings are influenced by money.

Nothing has changed at MB that I have not heard since last summer. According to more than one poster, MB had to be taken over because they were broke. SBR held firm with their A- rating. Now they do not advertise here anymore and the rating drops. Did you read the thread at EOG saying a credit player at MB was warning the poster that payouts were going to take 4-6 weeks? This is completely bogus as posters continue to report fast payouts.

I agree with FH, just because a book pays fast does not mean they will pay fast next week. Two good signs reference MB:

1, They continue to make transfers with A+ rated sportsbooks & fast payouts.
2. MB has denied deposits to several posters here. If they were hurting for money, why would they deny deposits?

[cincy]

Matchbook is better than ever for me. I love their new commission structure. I also appreciate how they put up markets on CFL football games. I have made many deposits and withdrawals without any problems. Matchbook is easily the best value out there for me. I would think they are pretty solid financially considering they are an exchange and based on the fact that there are no slow pays being reported from Matchbook. I have a large balance there and am not worried.

[Thremp]

Literally none of the pros I know play at Matchbook for anything other than 1) Near 0EV hedging 2) Market making in esoteric derivatives 3) Ability to play low EG future markets due to credit.

I can't think of anyone who seriously trades back and forth on markets by hand or who is making significant bets there.

[durito]

Shit er fishhead is a pro and he plays at matchbook "16 hours a day"


I made just 18 wagers there in the last 3 months and all were hedges.

[coldhardfacts]

They are my number 1 out and this is what I do for a living.

[Fishhead]

Shit er fishhead is a pro and he plays at matchbook "16 hours a day"

Exactly


I have also withdrew probably more money from them then anyone on this site(maybe Nicky) without EVER having one bit of a problem whatsoever.

Thremp--Although you make good points on some of the many reasons to have a MB account, especially for the seasoned pro, I can assure you there are also many semi-professionals and professionals that do many of their "regular" wagers through MB also...........


Now take note, I've been in this business long enough to know that my opinion on the safety of certain books can change in the blink of an eye............one has to stay on top of this constantly to do the best not to get burned.


Not sure if it was this thread or another, but I mentioned BETJAM/GREEK and HERITAGE as the two books that I personally have to worry the very least about in terms of safety at the present time.

[durito]

Exactly


I have also withdrew probably more money from them then anyone on this site(maybe Nicky) without EVER having one bit of a problem whatsoever.

Thremp--Although you make good points on some of the many reasons to have a MB account, especially for the seasoned pro, I can assure you there are also many semi-professionals and professionals that do many of their "regular" wagers through MB also...........


Now take note, I've been in this business long enough to know that my opinion on the safety of certain books can change in the blink of an eye............one has to stay on top of this constantly to do the best not to get burned.


Not sure if it was this thread or another, but I mentioned BETJAM/GREEK and HERITAGE as the two books that I personally have to worry the very least about in terms of safety at the present time.

As of 6 months ago you were posting up offshore for the first time in 2+ years.

[Fishhead]

[quote=durito;2995265

As of 6 months ago you were posting up offshore for the first time in 2+ years.[/quote]




...............which should be a good indication of my involvement with Matchbook, not only in the last 6-7 months, but 2.5+ years ago also.


For those interested(and I'm sure there are many), if I have even the slightest indication that MB is not as safe as I percieve them currently, will be johnny on the spot and report it here on SBR and other forums as well.

Again, I do not put MB at the head of the class currently in terms of safety, that would go to OLYMPIC/GREEK and HERITAGE at the present time and for what I would guess to be the forcievable future as well, as NO OTHER BOOKS FOR AMERICAN CITIZENS are even relatively close to these two operations in terms of safety in my opinion.

Having said that, MB is a must have for any serious sportsbettor, and without them around, offshore would take a tremendous hit, as players such as Doug and myself, as well as countless others, would either reduce their overall offshore liquidity by 75% or more or get completely out of the business.

[curinator]

Doug, if MB became non-existant, the other books would take a big hit also..........and you know the many reasons why.

This is definitely true. I really hope this downgrade comes with good reason too because I know it greatly influences me. I treat any downgrade on a book x2 and treat Matchbook as if it were a C book now until the rating stabilizes and more news comes out. C books for me = 5-10% of total bankroll in the account. This presents a huge problem for NHL + MLB moneylines too as this is the most useful market Matchbook offers in comparison to other sportsbooks.

You can usually find an off-market pointspread and/or total sometime during the day at a reputable book due to steam or someone not keeping their eye on a particular game/sport. This really isn't the case with NHL + MLB moneylines. Lots of recreational books aren't options due to severely cut limits for many players. I know for a fact as a U.S. client (that doesn't want to get workarounds to have an account at Pinnacle) I am done wagering in these markets if Matchbook does tumble more and that is a shame, considering the large amount of games in those two particular sports every year.

[bleedblue]

Cue the "Matchbook left the NFL halftime lines up too long and my bet got cancelled" thread...

[jizay]

The Greek suddenly went 4x rollover too. I guess they are running a ponzi scheme too.

Rollover does not bother me in the least at MB. During NFL and MLB, I'll complete the rollover within 7-10 days.

What bothers me is why MB is denying me to deposit money into their book!!!!!!!!!!!!!

BetJam has been 4x on transfers for a while. Guess they've been a ponzi too. This whole thread is bogus. 4x on book to book is like an industry standard.

[THEGREAT30]

never had it, they are a alternative/niche book. They never were A+.I never touched them didn't see what most saw

[Dark Horse]

BetJam has been 4x on transfers for a while. Guess they've been a ponzi too. This whole thread is bogus. 4x on book to book is like an industry standard.

lol

Who let in all the 14-year olds?

So what would you suggest for rollover standard on bonuses? 5x?

[Fishhead]

I have transferred 4,000 from MB to BJ this year, rolled it over ONE time and then withdrew 3,000 FREE via FED-EX...........so this must be a relatively new policy with BETJAM.

I know OLY is now 4x........

By the way, I think the 4x rollover is a very good policy, to and from Matchbook..........keep the customers honest.

In fact, all of my clients have no problem with this whatsoever.

[jizay]

lol

Who let in all the 14-year olds?

So what would you suggest for rollover standard on bonuses? 5x?

This is a standard policy on book-to-book, moron. Learn to read. I have transferred from MB to BetJam many times, and the one time I tried to withdraw reasonably quickly, they denied it and requested 4x. This was early summer 09, so that's been in place since long before this bullsh!t thread. All of the books try not to be pass-throughs. It's pretty clear from reading your posts that you are on some mission against MB. From all the way back to your Tradesports days, you've been nothing but a whiner and a forum troll. Matchbook is the best thing going right now, and anyone with an IQ knows it.

[Chuck Sims]

This is a standard policy on book-to-book, moron. Learn to read. I have transferred from MB to BetJam many times, and the one time I tried to withdraw reasonably quickly, they denied it and requested 4x. This was early summer 09, so that's been in place since long before this bullsh!t thread. All of the books try not to be pass-throughs. It's pretty clear from reading your posts that you are on some mission against MB. From all the way back to your Tradesports days, you've been nothing but a whiner and a forum troll. Matchbook is the best thing going right now, and anyone with an IQ knows it.