Matchbook.com Question

[dice]

What does -2100 $945 mean on Matchbook.com? I'm confused how to interpret their lines. It seems like you can hedge, by creating middles, your bets using Matchbook.com but I don't know how to interpret their lines.

Please advise.

[xstud]

the $945 represents the amt available to match on -2100. Whenever you see the dollar amt that is the most you can match at that particular price.

[Domer]

The number is ALWAYS the amount that you are able to risk for the offer.

So it is $945 at -2100, which would translate to $945 to win $45.
If the offer was $945 at +2100, that would translate to $945 to win $19,845.

Matchbook is peer to peer, so that offer is from someone else on Matchbook. You can put in your own offer to better the original, say $50 to win $1000 at +2000....you would do this by inputting an offer of $50 at +2000 on the other side of the market...now your offer would be the best available. Just be very careful when inputting your own offer that you are choosing the right side of the line. The first few times you look at it, its hard to understand it. But just give it a few minutes to understand and play around with it (use very small numbers and empty markets) and you'll get the hang of it.

I just replicated this in an empty market to show you how to create an offer.






Now you could want to play the -2100 side, in which case you can either accept any or all of the offer. You could put in $210 to win $10, and it's accepted. That offer would now have $945 - $210 (you accepted) = $735 left on the market.

Or you could say, well -2100 is too high, I want to do -1900, in which case you would click on the offer and the -2100 would come up in your order box. Delete the -2100 and type in -1900. Let's say you want to risk $190 to win $10. So you would type in $190 in the risk box, and the $10 automatically generates. Then you click on Submit then OK. Now the market would look like this:

[dice]

I currently don't play Matchbook. -2100 odds seems strange but I guess any player can set their own odds. Thanks for the responses.

[Ruifgalmeida]

you have to get odds converter wich you can find all over the internet, the odds -2100 are aproximely 1.047 in decimal odds