MatchBook is DEAD

[tofuman]

put in 10 minutes before the game on NHL and it will get filled

[Dark Horse]

This was already tried about 5 or 6 or 7 years ago.

The group that owned Las Palmas (Horizon 20) was part of it (maybe the main part?), as were a few other books (CRIS maybe?, not sure). I don't think they had a lot of money for start-up/marketing, and it ended up being a complete bust ... no offers equalled no action equalled no profit.

That's not to say that it could never work, but that attempt never worked.

Timing is everything. Five years ago most sports bettors were asking how to use Matchbook.

The key theme would have to be that a Sports Dow could not be owned by any book. Many have tried independently, and failed. Always for the same reason. Lack of liquidity. They're taking the wrong approach. Any exchange with enough liquidity will be tremendously successful. So create an independent exchange and give all books access to it. There is no reason why sports betting couldn't follow the same model as the NYSE.

Fascinating. It all started in a coffee shop and they'd beat each other up ... http://en.wikipedia.org/wiki/Tontine_Coffee_House

[Fishhead]

Does MB have adaquate liquidity........YES

Does MB have any major ties with WSEX.......NO

Is MB safe at this time.........YES

Is MB a must have for the U.S. punter........YES

Does MB do transfers with quality shops........YES

Has MB paid swiftly for years...........YES

[HedgeHog]

Liquidity is weak early because very few want to leave offers hanging for fear of being burned on line changes. You have to wait until close to game time to get your offer filled quicker--it's just the nature of the beast.

[Chopsticks]

NHL has not been that bad the last few days. I have put up some offers that have actually been taken. Not only 5 minute before the game but also a few hours before.

[Socrates]

The soccer section is crackilackin.

[Halifax]

Timing is everything. Five years ago most sports bettors were asking how to use Matchbook.

The key theme would have to be that a Sports Dow could not be owned by any book. Many have tried independently, and failed. Always for the same reason. Lack of liquidity. They're taking the wrong approach. Any exchange with enough liquidity will be tremendously successful. So create an independent exchange and give all books access to it. There is no reason why sports betting couldn't follow the same model as the NYSE.

Fascinating. It all started in a coffee shop and they'd beat each other up ... http://en.wikipedia.org/wiki/Tontine_Coffee_House

The timing would have been far better 5 years ago ... Neteller available to U.S. customers ... no UIGEA to deal with ... better economy ... wider selection of sportsbooks to link to ... many more U.S. players actually playing offshore.

The argument can be made that the exchange I referenced failed because they lacked sufficient start-up capital and/or marketing prowess, but it's tough to make the argument that the "timing" would be better now than it was then.

[Fishhead]

HALFTIMES are the nuts at Matchbook.......the absolute nuts!

[sportscardheaven]

HALFTIMES are the nuts at Matchbook.......the absolute nuts!

halftimes for which sports?

[sdtrader]

You're right there is some great liquidity on those half time lines.

[wrongturn]

Actually half time line offers are often much bigger than those of same game's full time line, must be books trying to hedge their positions, or sharps? don't know.

[Chuck Sims]

Liquidity is weak early because very few want to leave offers hanging for fear of being burned on line changes. You have to wait until close to game time to get your offer filled quicker--it's just the nature of the beast.

Most of my four figure NFL moneyline bets are accepted during the week. After my offer is accepted, the liquidity for that price is gone. So when people look at Matchbook markets and then complain, I doubt they consider that offers are being made and accepted all the time.

[Hareeba!]

Most of my four figure NFL moneyline bets are accepted during the week. After my offer is accepted, the liquidity for that price is gone. So when people look at Matchbook markets and then complain, I doubt they consider that offers are being made and accepted all the time.

true
at Betfair you can see how much has been matched and at what prices
wish you could do likewise at MB

[pinionboy]

Hmm I thought about it as it comes highly rec'd but NBA and NCAA football are a must for liquidity to make it worth the while

[d2bets]

I can tell you MB certainly has no problem making large sportsbook transfers out.

[RickySteve]

matchbook still has the best odds if you know what you're doing.

elohel

[Dark Horse]

The timing would have been far better 5 years ago ... Neteller available to U.S. customers ... no UIGEA to deal with ... better economy ... wider selection of sportsbooks to link to ... many more U.S. players actually playing offshore.

The argument can be made that the exchange I referenced failed because they lacked sufficient start-up capital and/or marketing prowess, but it's tough to make the argument that the "timing" would be better now than it was then.

Funding was easier then, but many players had no clue how to play at an exchange. That was a huge threshold. Not anymore. Betting at an exchange has become normal. Big step forward.

Of course you wouldn't have to separately fund the exchange that I suggested. You could play at it from any book that participated.

[HedgeHog]

Most of my four figure NFL moneyline bets are accepted during the week. After my offer is accepted, the liquidity for that price is gone. So when people look at Matchbook markets and then complain, I doubt they consider that offers are being made and accepted all the time.

But you have to monitor your early offers constantly. A contrary line move puts your offer vulnerable to scalpers, leaving you with a -Ev bet.

[csm506]

True people only bet NHL for the playoffs

[austin]

i am looking forward to the next baseball season. matchbook is the top with no commission or even paying you for offers

[bookie]

i am looking forward to the next baseball season. matchbook is the top with no commission or even paying you for offers

Yeah and I don't understand that. Why is MB so f-ing liquid for baseball, and so patchy for the other U. S. sports? I've spent a lot of my time over the past ten years working on basketball, but if I had known how the market would develop I'd of bit the bullet and focussed on The Pastime.

[Santo]

I think ML sports are far easier to trade on an exchange than point spread sports... you only have 1 market to deal with rather than 3 or 4 as the spreads change throughout the day (which used to equal 1 commission charge). That was why I used to focus on baseball before the commission structure change.

[soxwin1917]

I think ML sports are far easier to trade on an exchange than point spread sports... you only have 1 market to deal with rather than 3 or 4 as the spreads change throughout the day (which used to equal 1 commission charge). That was why I used to focus on baseball before the commission structure change.

That seems logical. I've never really understood why the liquidity is lower on point spread sports, generally. But your explanation makes sense.

[Monte]

Matchbook is like Rosebud, the sleeping beauty wakes up often enough to be useful.
Love Football 2nd halfs, there the full potential shows.
Sometimes you just cannot get her up thou, NBA is rather bad so far.

[goucla]

there is value with at least having a matchbook account

[GETMONEYKID]

dont bother with halftimes at this ghost town...

big offers are fake or being posted by old credit accts with no funds

i don't wanna get freerolled... do you?

[brumbies]

Check out the GS@Mil live betting market. Absolutely no liquidity whatsoever!

[JoeVig]

big offers are fake or being posted by old credit accts with no funds

If the offer is on the board and taken, they pay it. How can they have "fake" offers on the board.

Extending credit to some players or Matchbook seeding lines, I can see that. "Fake" offers they don't pay you is a lie.

[andywend]

GetMoneyKid is an IDIOT.

[Arilou]

I like the sleeping beauty analogy. It doesn't happen all that often, but when Matchbook is running full blast it is a beauty to behold. Plan accordingly - be ready for when they're a good fit but do not rely on them as your only source (or primary source) of wagers.

[the sink]

Why does matchbook not have livebetting on every NBA game?
even if there is no money available during the game there will be at HT
Why don't they look at betfair and get a forum and something so we can se how much money has been matched

[aggieshawn]

everyone that can go to betfair.

[Odessa]

Why does matchbook not have livebetting on every NBA game?

MB has to monitor the action and have only live games that are available on the satellite.

even if there is no money available during the game there will be at HT

Half-time wagering available for all games, regardless of TV broadcast. They have special section for half-time wagering on the side panel.

Why don't they look at betfair and get a forum and something so we can se how much money has been matched

Does it really matter to you, when you place your wager? Totally useless information.

[the sink]

Monitor what?
the game starts and they just have to suspend it when it is finished

I am not talking about HT-lines, I am talking about being able to bet ML and being able to get out of it at the break, or the spread

Yes it matters, I wanne se what odds has been matched...

[Scorpion]

matchbook is great for mlb