don't understand how it works. it's not traditional way to gamble there, right? someone have experiece to share? thanks.
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Yes. You make offers or accept them. If you liked the NL all-stars last night when they were trailing 1-0, you could of accepted an offer of +325 on the NL team.
Making an offer is easy: Just type in the odds you would like and either the $ risk or profit. Make sure everything is correct before you click submit. Your offer remains open until the start of the game. You may cancel your open offers at anytime.
Here are Matchbooks commission rates for MLB:
Offers that you make: 0% commission
Offers that you accept .07% commission charge.Comment -
Matchbook & Betfair both are exchanges, unlike those sportsbooks. But They are not quite the same.Comment -
very interesting. it seems not easy for me. I'll keep my traditional betting.Comment -
Personally, I feel I'm fairly savvy in this business, and I still find matchbook software both confusing and complicated to operate. I also know this turns off a lot of people because of how clunky and complicated it is.
Just amazing how many books won't spend the money to have decent software.Comment -
Took me about 5 min to get used to it...
Not to complicated... just punch in an offer you want to make and at what odds...
or your can accept an offer already on the table for as much money as the offer allows....
I think the thing that confuses everyone is that you're not against the book you are against other betters...Comment -
Biggest difference is you can only "bet" as much as someone else is offering. If you want more, you are making an offer at the point, and hoping someone will agree to take the other side at the given price.
If you have Mets vs Yankees:
You like Yankess at -150, and see $100 on Matchbook available at that price, but you really want to get $200 down. You enter "$200 @ -150", the system will lock in that first $100 that was available, and then the rest of your "bet" goes out there as an offer, waiting for someone willing to take Mets +150.Comment -
"Personally, I feel I'm fairly savvy in this business, and I still find matchbook software both confusing and complicated to operate."
Get the person who dresses you in the morning to teach you how to click accept and type in betting amounts for your offers. Savy you're not.Comment -
yea but for US playerslocal forum trollComment -
Matchbook is exchange like BETFAIR,but that is where the similarities stops
betfair will steal 5% from your winnings and will try to find any tricks out of the blue to close your account and keep your money with no explanation what so ever.(look down this page at another thread)
However the most deleterious aspect of dealing with that betfair outfit is the unacceptable,obtrusive and damaging among of information they require and extract for absolutely no good reason what so ever,in order to open a account.
and if all that sensitive info. was to fall in the wrong hand the damage you would suffer would be irreparable.BTW and of course they are not responsible if someone break into their database and f.cks you up.....
MATCHY DOES NOT DO ANY OF THAT SH*T and nothing ever happen to your account.None of the greats do(PINNACLES,BOOKMAKERS & THE GREEK)!!However to be candid unlike betfair,matchy is run a little bit poorly and as someone said in another post "seem to do everything for you not to send them money"
but they offer great lines,will not steal from you EVER!!!,WILL NOT ASK FOR YOUR LIFE STORY EITHER!!!!
AND WILL PAY YOU PRONTO!!Comment -
The commissions are a lot more fair at Matchbook then Betfair, I totally agree.Comment -
So you accept the offer or make an offer? BRILLIANT!!!!!! Thanks again SBR
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A whole truckload of GARBAGE!Matchbook is exchange like BETFAIR,but that is where the similarities stops
betfair will steal 5% from your winnings and will try to find any tricks out of the blue to close your account and keep your money with no explanation what so ever.(look down this page at another thread)
However the most deleterious aspect of dealing with that betfair outfit is the unacceptable,obtrusive and damaging among of information they require and extract for absolutely no good reason what so ever,in order to open a account.
and if all that sensitive info. was to fall in the wrong hand the damage you would suffer would be irreparable.BTW and of course they are not responsible if someone break into their database and f.cks you up.....
MATCHY DOES NOT DO ANY OF THAT SH*T and nothing ever happen to your account.None of the greats do(PINNACLES,BOOKMAKERS & THE GREEK)!!However to be candid unlike betfair,matchy is run a little bit poorly and as someone said in another post "seem to do everything for you not to send them money"
but they offer great lines,will not steal from you EVER!!!,WILL NOT ASK FOR YOUR LIFE STORY EITHER!!!!
AND WILL PAY YOU PRONTO!!
I've been playing at Betfair for about eight years without any problems
Yes, their commission rate is pretty high - headline 5% BUT you pay it only when you win, unlike at Matchbook where you generally pay when you lose too AND the more you turnover the lower your commission rate. Despite the commission their net odds almost always beat most bookies and are right up there with Pinnacle's.
They are required by LAW to comply with anti money laundering provisions
All the best agencies will comply with the law and ensure they have evidence of player identities
Furthermore they have anti-corruption agreements with several racing and sporting bodies which precludes insiders from betting. Thus they need to be able to identify players so as these provisions can be policed.
This all protects the agencies and the players.
Nothing to fear unless you have something to hide.
Betfair make their money from player turnover so it's utterly absurd to suggest they would close you down for no reason. But they are extremely mindful of being seen to be abiding with all legislation and not tolerating cheats as they have to battle hard to gain their operating licenses in new territories and accordingly they do act decisively with wrongdoers.
Very prompt fee free payouts
If I could have only one betting account it would most certainly be at BetfairComment -
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If matchbook had better liquidity, and more currencies, it would have already creamed off serious business from betfair. They just don't appear to know how to grow the business from its current (stagnant) level.
For users, matchbook fees are _much_ lower on average than betfair. Taking price works out not much different, but offers are free from commission, and there's no premium charge. It's vastly more attractive ....... if they had the liquidity.Comment -
as I said, there is zero tolerance towards those who break the rules
and laws will be strictly abided byComment -
mathbook and betfair is slightly different, but the principle is same. matchbook uses WIN and LOSE but betfair uses BACK and LAY. We just need to use formula to convert lay to be lose odds there to compare odds easlily.Comment -
To rate matchbook above betfair is ludicrous.
There is no comparison - matchbook is but a pup!
Having said that you poor Americans have few decent options and I think Matchbook would be a must for US based bettors.Comment -
YA，true, there is no comparison between these two in terms of the popularity and liquidity. but refer to the patten and fixture inside the website, i dont know which is above which. back & lay ? win & lose ? can predict that which idea will be widespread potentially?Comment
