hi everyone, i am pretty sure theres many threads about this already, but i was wondering is there a hold period if i deposit with Matchbook using a credit card? Do they limit me or cut me off if i continually profit? and i am sure people covered the commission but i still dont understand how it works, any input would be appreciated, thanks everyone!
Questions about Matchbook!
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jtang0701SBR High Roller
- 09-15-09
- 136
#1Questions about Matchbook!Tags: None -
Hareeba!BARRELED IN @ SBR!
- 07-01-06
- 37283
#2hi everyone, i am pretty sure theres many threads about this already, but i was wondering is there a hold period if i deposit with Matchbook using a credit card? Do they limit me or cut me off if i continually profit? and i am sure people covered the commission but i still dont understand how it works, any input would be appreciated, thanks everyone!
Matchbook will withhold a small percentage from your deposit which they will refund to you by way of commission credits on your bets (providing you don't lose all your money before you've got them all credited back)
No, there is no reason why they would ever limit you or cut you off for winning. It isn't their money you would be winning. They are only the exchange broker. You are betting against other punters. The more you bet (win or lose) the more commission they make so it's hardly in their interest to limit or boot players out.Comment -
jtang0701SBR High Roller
- 09-15-09
- 136
#3i know some books wont let you withdraw for a certain amount of time, but glad matchbook doesnt do that then
thanks for your input Hareeba!Comment -
Chuck SimsSBR MVP
- 12-29-05
- 3072
#4Matchbook commission on MLB sides. Offers made that are accepted--0% commission
Offers that you accept--0.7% Example $100 wager = 70 cents commission paid to MB.Comment -
jtang0701SBR High Roller
- 09-15-09
- 136
#5how do i get more commission credits if i run out? i have to redeposit to get more?Comment -
jtang0701SBR High Roller
- 09-15-09
- 136
#8Lol I know I am a noob aggie.
When I withdraw using a check, doesn't the bank get suspicious of maybe where out came from? Sort I never withdrew using a check beforeComment -
ScorpionSBR Hall of Famer
- 09-04-05
- 7797
#9what is matchbooks commission rates for baseball? moneylines, run lines, and totalsComment -
jackkkk2009SBR MVP
- 07-13-09
- 1183
#11Matchbook will offer a season-long commission discount on baseball. Moneylines: 0.7% commission when you accept an offer, 0.0% when you make the offer. Runlines and Totals: 0.8% accept side, -0.1% rebate on the offer side.Comment -
Chuck SimsSBR MVP
- 12-29-05
- 3072
#12The banks are not suspicious of a person depositing a check. Just depsosit the check and forget about it.Comment
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