Matchbook Funds Safety

**Fishhead** · 07-22-10, 07:26 AM

The REWARDS with playing at MATCHBOOK for outweigh the RISKS.

An absolute MUST OUT that will make/save one hundreds and hundreds of dollars each and every month.

**Fishhead** · 07-22-10, 07:28 AM

If MB should ever cease to exist, you will see many punters completely abandon offshore wagering all together.

Matchbook should be in everyone's arsenal of sportsbooks.

**katstale** · 07-22-10, 07:35 AM

No direct knowledge, but indirect says the ownership group is well funded.

**Dark Horse** · 07-22-10, 07:42 AM

I think it's a concern. As you know, they've dropped to a B- rating. Pretty hard to mess things up as exchange, but apparently they got burned by credit players.

You will get plenty of people here saying that MB is great. And we haven't really gotten the inside scoop from SBR on the story behind the drop. So it becomes a matter of popularity versus reliability. Theoretically, it should be easy for an exchange to stop the bleeding, but if it is true that they dug themselves a huge hole, the question becomes how they choose to deal with that.

Credit players are not the ones at risk if MB should fail. The offers that are visible to players do not reflect MB's financial stability. Personally, I would wait. If they drop to C or D there could be a run on the bank. But if they go back up to B and higher, that would be a sign to trust them again.

**Dark Horse** · 07-22-10, 07:47 AM

Originally posted by Fishhead

If MB should ever cease to exist, you will see many punters completely abandon offshore wagering all together.

lol

**Fishhead** · 07-22-10, 07:49 AM

Originally posted by Dark Horse

I think it's a concern. As you know, they've dropped to a B- rating. Pretty hard to mess things up as exchange, but apparently they got burned by credit players.

You will get plenty of people here saying that MB is great. And we haven't really gotten the inside scoop from SBR on the story behind the drop. So it becomes a matter of popularity versus reliability. Theoretically, it should be easy for an exchange to stop the bleeding, but if it is true that they dug themselves a huge hole, the question becomes how they choose to deal with that.

Credit players are not the ones at risk if MB should fail. The offers that are visible to players do not reflect MB's financial stability. Personally, I would wait. If they drop to C or D there could be a run on the bank. But if they go back up to B and higher, that would be a sign to trust them again.

They would be A- if they advertised here.

A B- rating for a NON-advertising shop translates into an OUTSTANDING SHOP.

**Dark Horse** · 07-22-10, 07:59 AM

Sure. That must be it. Another unsubstantiated absolute statement.

How do you survive, as a player, without nuance in thought?

**minet123** · 07-22-10, 08:14 AM

If you give Lenny 500K in credit that in itself should drop your rating 2 grades for being too stupid to know who should be given credit
that being said your $ are as safe as any US facing books

**Fishhead** · 07-22-10, 08:27 AM

Originally posted by Dark Horse

Sure. That must be it. Another unsubstantiated absolute statement.

How do you survive, as a player, without nuance in thought?

It's a clear fact

**Johnny 55** · 07-22-10, 09:19 AM

Your funds are safe at Matchbook. They always pay out quickly and efficiently and you will get the best line there 95% of the time.

**username474** · 07-22-10, 09:24 AM

I judge their safety upon the facts that all the top books do book to book transfers with them still. And they have high weekly payout limits and no limit on book to book transfers. If you wanted to move six figures out of there in a week you could. That is much more then you can say about a lot of books that SBR rates higher then Matchbook.

**coldhardfacts** · 07-22-10, 09:45 AM

What Fishhead said. It is unthinkable that any professional or serious sportsbettor would not use Matchbook. I have never had a single problem with them as far as cashouts.

**dialup_king** · 07-22-10, 10:50 AM

It's definitely a concern. If a book deserves a B- Grade, I generally wouldn't put as much of my net worth there compared to A books even if you can get the prices that Matchbook offers on certain events. There is a lot of mystery regarding Matchbook and their grade. Some people say they were dropped solely because of affiliation to WSEX, but they had some payout problems as well. SBR still lists them under WSEX in the parent/host section, but others say Matchbook is no longer owned by WSEX.

lol at saying Matchbook is a MUST OUT. There are plenty of people who don't bet on the few sports where there is good liquidity at Matchbook.

**Chuck Sims** · 07-22-10, 11:03 AM

WSEX does not own or operate Matchbook.

SBR ratings are bought. Just ask Bet Phoenix.

**jackkkk2009** · 07-22-10, 12:50 PM

Matchbook was owned by wsex few years ago. But now, they already seperated

**wrongturn** · 07-22-10, 01:05 PM

I guess no matter how big the hole is, as long as they don't dig deeper, they will be out of it eventually in exchange business model. So I tend to believe it is safe.

**Fishhead** · 07-22-10, 03:07 PM

Originally posted by dialup_king

It's definitely a concern. If a book deserves a B- Grade, I generally wouldn't put as much of my net worth there compared to A books even if you can get the prices that Matchbook offers on certain events. There is a lot of mystery regarding Matchbook and their grade. Some people say they were dropped solely because of affiliation to WSEX, but they had some payout problems as well. SBR still lists them under WSEX in the parent/host section, but others say Matchbook is no longer owned by WSEX.

lol at saying Matchbook is a MUST OUT. There are plenty of people who don't bet on the few sports where there is good liquidity at Matchbook.

A MUST OUT if one wants to add THOUSANDS and THOUSANDS of dollars to one'e year end bankroll.

**LordVodka** · 07-22-10, 03:19 PM

Fish, would MB payout big money without a hassle. Something like $50,000 for example?

**Dank_Fire** · 07-22-10, 04:06 PM

Glad to read this, as football season is nearing ill have to post back up....

**heyman** · 07-22-10, 05:27 PM

Originally posted by dialup_king

It's definitely a concern. If a book deserves a B- Grade, I generally wouldn't put as much of my net worth there compared to A books even if you can get the prices that Matchbook offers on certain events. There is a lot of mystery regarding Matchbook and their grade. Some people say they were dropped solely because of affiliation to WSEX, but they had some payout problems as well. SBR still lists them under WSEX in the parent/host section, but others say Matchbook is no longer owned by WSEX.

lol at saying Matchbook is a MUST OUT. There are plenty of people who don't bet on the few sports where there is good liquidity at Matchbook.

Link?

**heyman** · 07-22-10, 05:41 PM

Originally posted by dialup_king

lol at saying Matchbook is a MUST OUT. There are plenty of people who don't bet on the few sports where there is good liquidity at Matchbook.

For major US sports it absolutely is.

KC · 07-22-10, 07:41 PM

Originally posted by Johnny 55

Your funds are safe at Matchbook. They always pay out quickly and efficiently and you will get the best line there 95% of the time.

**chunnnn2010** · 07-22-10, 08:36 PM

They have great liquidity on MLB this year.

**HedgeHog** · 07-22-10, 09:10 PM

MB is run poorly, but the payouts remain steady. For now, they're still a must out for me, but I would re-evaluate my position upon another rate drop.

**JoeVig** · 07-22-10, 09:44 PM

Originally posted by minet123

If you give Lenny 500K

Source of this information ???

**Igetp2s** · 07-22-10, 09:51 PM

They've never had any real payout issues that I can recall. That is always a sure sign that a book is in troube. When payment times slow, it's difficult to reverse the problem.

**Climate** · 07-22-10, 11:17 PM

Matchbook no problem. Wish a couple of more exchanges were open to US players.

**tofuman** · 07-23-10, 12:01 AM

matchbook great here too

**GoWings** · 07-23-10, 12:09 AM

Wow! Thanks for all the replies guys I really appreciate it. Alright I think I'm gonna dive in and wire them some money. I guess if things go sour I can always do a book2book with 5dimes or betjam.

As some have mentioned, I'm still a little concerned though I remember the rumor mill was running wild a few months ago about them. Letting players play on credit, getting in huge debt, pinny possibly stepping in etc.... In theory if they have a lot of liquidity which they do for certain sports it seems like they should be printing money (minus processing fees) much like the big poker sites (stars & tilt) basically letting players bet each other and collecting a pure profit rake/commision with little risk to no risk for them. The lack of clarification on who actually owns them and the drop in rating from SBR and the player polls seem sketchy also (weren't they #1 or 2 last vote why the drop).

**dialup_king** · 07-23-10, 02:44 AM

Originally posted by heyman

Link?

I couldn't find a link about Matchbook paying slow, and think the grade should be raised to B or B+. There is a lot of talk about matchbook being in debt or having a big debt a few months ago, so I think money is safer at Bodog and the other recommended books.

I don't know how much MAtchbook rating dropped due to what happened at WSEX, but I don't think they are connected anymore. There seems to be more mystery regarding MAtchbook ownership compared to other books, and management could screw things up.

**Albert Pujols** · 07-23-10, 05:21 AM

I can't believe there are gamblers trying to win at this that don't use Matchbook. You are pissing money down the drain to vig.

**Fishhead** · 07-23-10, 08:12 AM

Originally posted by LordVodka

Fish, would MB payout big money without a hassle. Something like $50,000 for example?

If the past is any indication, YES

**Fishhead** · 07-23-10, 08:16 AM

Originally posted by Albert Pujols

I can't believe there are gamblers trying to win at this that don't use Matchbook. You are pissing money down the drain to vig.

Here is the deal, if one wagers everyday at MB for 3-6 months(even less in many cases)............EVEN IF THEY LOST THEIR "average" BALANCE AFTER THAT TO MATCHBOOK CLOSING OR NOT PAYING, THEY WOULD STILL BE BETTER OFF FINANCIALLY.

One will SAVE/MAKE hundreds upon hundreds of dollars in a few short weeks there, even if their average bet size is under $500........if more, all the more they will SAVE/MAKE.

Yes, MB should be a MUST OUT for the majority that are reading this thread..........absoulte no-brainer.

**wrongturn** · 07-23-10, 10:09 AM

It all depends on whether MB uses its own my money to seed the markets, or how much exposure they have if they do. But I don't think they do that. Anybody has idea about this?