Don't Let Matchbook Die!

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  • bettilimbroke999
    SBR Posting Legend
    • 02-04-08
    • 13254

    #211
    Yea put up an offer to try and save 1% and then as soon as pinny moves against you get swept if pinny moves in your favor you get 0 matched, very good opportunity there
    Comment
    • KGambler
      SBR MVP
      • 07-09-09
      • 2404

      #212
      Originally posted by bettilimbroke999
      Yea put up an offer to try and save 1% and then as soon as pinny moves against you get swept if pinny moves in your favor you get 0 matched, very good opportunity there
      Squares are gonna lose money no matter where they bet. Have fun laying -110.
      Comment
      • bettilimbroke999
        SBR Posting Legend
        • 02-04-08
        • 13254

        #213
        Im a square but at least my book lets me deposit
        Comment
        • KGambler
          SBR MVP
          • 07-09-09
          • 2404

          #214
          Have some patience and you can deposit at MB as well. Yes, it would take 10-14 days for an electronic check or a bank transfer to clear. That doesn't mean you have to go run and put your money in a -110 book.
          Comment
          • bettilimbroke999
            SBR Posting Legend
            • 02-04-08
            • 13254

            #215
            Is having to plan to bet 14 days in advance reasonable? When every other book in the world has instant deposit options

            Dont ya think maybe they need something a little better to attract normal gamblers
            Comment
            • KGambler
              SBR MVP
              • 07-09-09
              • 2404

              #216
              Originally posted by bettilimbroke999
              Is having to plan to bet 14 days in advance reasonable? When every other book in the world has instant deposit options

              Dont ya think maybe they need something a little better to attract normal gamblers
              They have to have a different business model from the regular books. The regular books can afford to devote a lot of resources to instant deposit methods, because their vig is so onerous that they are just printing money. Their typical customer is just going to get creamed by the vig, especially because they are doing dumb shit like placing 5 team parlays, mis-using teasers, etc.

              Matchbook is an exchange which charges very low commissions. Would it be worth it to allow people to ** $100? First off, they would need to pass the costs of the transaction on to the customer. How would the typical square feel if he WUed $100 and had $90 in his account with $10 of commission credits? The typical dumbass square would think he was getting cheated by MB, because he doesn't even understand how much money he would save by using an exchange.

              Now you gotta think about the infrastructure they would need and the costs associated with that... They would have to pay a third party to organize all of those money pickups in Nicarauga. Can they pass these costs on to the customer as well?

              It seems they are missing out on a lot of smallish customers by not having ** or **, but whether or not they should add it is not the complete slam dunk it sounds like. I think they should offer these types of deposits, and just hit the customer with all of the associated cost. And give them this same amount in commission credits. But maybe the typical dumbass square would rather just ** $100 to HIGHVIG.com, because then he sees $100 in his account.
              Comment
              • Chuck Sims
                SBR MVP
                • 12-29-05
                • 3072

                #217
                Originally posted by bettilimbroke999
                Yea put up an offer to try and save 1% and then as soon as pinny moves against you get swept if pinny moves in your favor you get 0 matched, very good opportunity there
                Don't be such a square.

                Yesterday--HT on the Dallas/Knicks

                Bet Phoenix Dallas +2.5 -105
                Matchbook Knicks -2.5 +117

                These kind of lines are available all the time.
                Comment
                • todd73nj
                  SBR Wise Guy
                  • 08-09-08
                  • 824

                  #218
                  MB actually has one of the best deposit methods - instant deposit. 4-6 Business days. Ive never had one take longer than that.
                  Comment
                  • hhsilver
                    SBR Hall of Famer
                    • 06-07-07
                    • 7375

                    #219
                    as vanzack said earlier , the big change came 2 years ago when the commission structure changed. Before that change it was easy to get your offer accepted and you had more attractive offers available for you to accept, all day and not just in the last hour or so before game time. I am talking about ncaab, for example, and not a special event like the super bowl.

                    ncaab is a ghost town so far this year.
                    Comment
                    • austintx05
                      SBR MVP
                      • 08-24-06
                      • 3156

                      #220
                      guys, I'm pro matchbook. Always have been. Before the pinnacle/neteller fiasco my 3 books were pinnacle, matchbook, mansion. I realize the importance of low juice, right now I'm lookin to get down on MIami -5 and Orlando -5.5. I see em goin up but right now MB has an offer on Mia -5 -119 for $238 and Orl -5.5 -108 for a whopping $32. Seeing for the US players where pinnacle isn't an option, and there isn't much going on @ mb especially on overnights. I don't know of any other options than the betjm, greek, bookmaker, etc.
                      Comment
                      • Hareeba!
                        BARRELED IN @ SBR!
                        • 07-01-06
                        • 37301

                        #221
                        Originally posted by murraycod
                        Be wary of any service that Lo Kai Kwan is connected with.
                        ITS Insider.biz, theadvantageplayer.info, NysportsAdvisors.com are 3 of his sites.

                        and Matchbook ?
                        Comment
                        • Nicky Santoro
                          SBR Posting Legend
                          • 04-08-08
                          • 16103

                          #222
                          Originally posted by bettilimbroke999
                          Yea put up an offer to try and save 1% and then as soon as pinny moves against you get swept if pinny moves in your favor you get 0 matched, very good opportunity there
                          that's exactly what i've been telling the boys here and no one listens. not all the time, but 90% of the time, if your offer gets accepted and it's now 8 cents better than pinny, don't get too excited yet. just peak at pinny closer and you'll see how you now have a -ev bet.. pinny moves all the time 5-20 min after matchy.

                          and when your offer of +126 doesn't get matched, it's because the line went in your favor and now you have to put up a new offer +121..

                          and also, when you bet at matchy a game at +4 +104 and pinny is currently +4 -105, dont' think you got a great deal yet cause in 10 min, pinny will be +4 +105 and you are stuck with +4 +104 at matchy.. matchy is tough to beat.. you have to be on your toes at all times and don't fall for those traps.


                          austin,

                          you brought back great memories with Mansion. my all time fav book.. boy do i miss that book. best book of all time. the prices i was getting there was a dream. if they stayed in business, i'd have an extra 1.5 million.. I miss mansion..i can't believe in the last 5 yrs, no book has come along to replace them..
                          Comment
                          • andywend
                            SBR MVP
                            • 05-20-07
                            • 4805

                            #223
                            Your case is an obvious case of a "malicious offer" but the question, as always, would be where do you draw the line? To my knowledge no exchange has ever intervened in such a way and have taken the view that it is the user's responsibility to avoid "brain farts".
                            There are people @ Matchbook who do nothing but place these "malicious offers" on live events in hopes that live game traders make a mistake and fill them.

                            Anyone who has ever traded an event live knows that "in the heat of battle" where you need to place orders very quickly, it is quite common to make mistakes with order entry and the HUMAN GARBAGE that places these malicious offers have nothing to lose and everything to gain.

                            The reason why they keep doing it is because they are making money at it.

                            These FLEAS offer nothing to the exchange and have no interest whatsoever at trading anywhere near fair value. Their sole purpose is to try and catch other trader mistakes and Matchbook needs to ban them from the exchange.

                            Its very easy for Matchbook to look up trader histories and they need to do something about this serious problem. I had plenty of back and forth correspondence with Maurice at Matchbook about this very issue over a year ago and he told me that any trader who does this will be banned from the exchange.

                            Obviously, this is not happening.
                            Comment
                            • austintx05
                              SBR MVP
                              • 08-24-06
                              • 3156

                              #224
                              Originally posted by Nicky Santoro
                              that's exactly what i've been telling the boys here and no one listens. not all the time, but 90% of the time, if your offer gets accepted and it's now 8 cents better than pinny, don't get too excited yet. just peak at pinny closer and you'll see how you now have a -ev bet.. pinny moves all the time 5-20 min after matchy.

                              and when your offer of +126 doesn't get matched, it's because the line went in your favor and now you have to put up a new offer +121..

                              and also, when you bet at matchy a game at +4 +104 and pinny is currently +4 -105, dont' think you got a great deal yet cause in 10 min, pinny will be +4 +105 and you are stuck with +4 +104 at matchy.. matchy is tough to beat.. you have to be on your toes at all times and don't fall for those traps.


                              austin,

                              you brought back great memories with Mansion. my all time fav book.. boy do i miss that book. best book of all time. the prices i was getting there was a dream. if they stayed in business, i'd have an extra 1.5 million.. I miss mansion..i can't believe in the last 5 yrs, no book has come along to replace them..
                              it's been so long since I played at mansion I don't even remember the commission structure. Wasn't it better than MB's old structure?
                              Comment
                              • Hareeba!
                                BARRELED IN @ SBR!
                                • 07-01-06
                                • 37301

                                #225
                                Originally posted by andywend
                                There are people @ Matchbook who do nothing but place these "malicious offers" on live events in hopes that live game traders make a mistake and fill them.

                                Anyone who has ever traded an event live knows that "in the heat of battle" where you need to place orders very quickly, it is quite common to make mistakes with order entry and the HUMAN GARBAGE that places these malicious offers have nothing to lose and everything to gain.

                                The reason why they keep doing it is because they are making money at it.

                                These FLEAS offer nothing to the exchange and have no interest whatsoever at trading anywhere near fair value. Their sole purpose is to try and catch other trader mistakes and Matchbook needs to ban them from the exchange.

                                Its very easy for Matchbook to look up trader histories and they need to do something about this serious problem. I had plenty of back and forth correspondence with Maurice at Matchbook about this very issue over a year ago and he told me that any trader who does this will be banned from the exchange.

                                Obviously, this is not happening.
                                exactly the same thing happens on every exchange
                                Comment
                                • jizay
                                  SBR Wise Guy
                                  • 08-07-09
                                  • 975

                                  #226
                                  Originally posted by Hareeba!
                                  exactly the same thing happens on every exchange
                                  Bigger problem at Matchy. The buy one side or buy the other, as opposed to buy/sell, lends itself to this sort of abuse. If FV for one side is 98, I can bid 2 and have the other side show 98. Now, if you fat finger, you make an error of maximum size. If the contract was buy/sell, a la tradesports, intrade, and betfair I guess in Euro odds, then there is no way to exploit things to that level. If the contract is worth 98, what are you gonna do, ask for 99? Conversely, if I'm willing to sell at 2, what are you gonna do, bid 1?
                                  Comment
                                  • Fishhead
                                    SBR Aristocracy
                                    • 08-11-05
                                    • 40179

                                    #227
                                    Originally posted by Chuck Sims
                                    Don't be such a square.

                                    Yesterday--HT on the Dallas/Knicks

                                    Bet Phoenix Dallas +2.5 -105
                                    Matchbook Knicks -2.5 +117

                                    These kind of lines are available all the time.


                                    Exactly

                                    Gotta love these posters that say they have no need for Matchbook.

                                    ..
                                    Comment
                                    • sdtrader
                                      SBR Wise Guy
                                      • 01-23-09
                                      • 536

                                      #228
                                      Why does it take so long to cancel an order sometimes? This is especially cruital during the live betting I went to cancel an order and it was frozen for like 30 sec. Of course someone on Bos hit a 3 and it got filled. This may be why people are afraid to put orders out during live betting.
                                      Comment
                                      • Hareeba!
                                        BARRELED IN @ SBR!
                                        • 07-01-06
                                        • 37301

                                        #229
                                        Originally posted by sdtrader
                                        Why does it take so long to cancel an order sometimes? This is especially cruital during the live betting I went to cancel an order and it was frozen for like 30 sec. Of course someone on Bos hit a 3 and it got filled. This may be why people are afraid to put orders out during live betting.
                                        yeah their software is their worst feature

                                        I don't play live but I understand that there is a delay deliberately built in?
                                        Comment
                                        • todd73nj
                                          SBR Wise Guy
                                          • 08-09-08
                                          • 824

                                          #230
                                          Originally posted by andywend
                                          There are people @ Matchbook who do nothing but place these "malicious offers" on live events in hopes that live game traders make a mistake and fill them.

                                          Anyone who has ever traded an event live knows that "in the heat of battle" where you need to place orders very quickly, it is quite common to make mistakes with order entry and the HUMAN GARBAGE that places these malicious offers have nothing to lose and everything to gain.

                                          The reason why they keep doing it is because they are making money at it.

                                          These FLEAS offer nothing to the exchange and have no interest whatsoever at trading anywhere near fair value. Their sole purpose is to try and catch other trader mistakes and Matchbook needs to ban them from the exchange.

                                          Its very easy for Matchbook to look up trader histories and they need to do something about this serious problem. I had plenty of back and forth correspondence with Maurice at Matchbook about this very issue over a year ago and he told me that any trader who does this will be banned from the exchange.

                                          Obviously, this is not happening.

                                          In no way am I supporting people putting up those prices - but they in no way effect the fact that people are not trading. If people were trading you wouldnt even see their prices. And honestly - without the bogus prices listed - there might be none at all.
                                          Comment
                                          • Hareeba!
                                            BARRELED IN @ SBR!
                                            • 07-01-06
                                            • 37301

                                            #231
                                            Originally posted by todd73nj
                                            In no way am I supporting people putting up those prices - but they in no way effect the fact that people are not trading. If people were trading you wouldnt even see their prices. And honestly - without the bogus prices listed - there might be none at all.
                                            that's odd, I've bet about $20k there this week at the best prices available anywhere .. how do you suppose that's possible?
                                            Comment
                                            • Stacocakes
                                              SBR Hall of Famer
                                              • 04-10-08
                                              • 7126

                                              #232
                                              NBA in-game betting is really hit or miss. I've had some situations as someone mentioned above where you try to cancel an offer and it takes quite a bit longer then usual to cancel it and some of it ends up getting filled. To avoid that I usually just try to put up offers during the commercial breaks so I won't get burned. The offers I put up are on par with the other live betting sites out there but on matchbook I get matched maybe 20% of the time. NCAAB i've almost given up betting in-play entirely.
                                              Comment
                                              • Thremp
                                                SBR MVP
                                                • 07-23-07
                                                • 2067

                                                #233
                                                Originally posted by KGambler
                                                Squares are gonna lose money no matter where they bet. Have fun laying -110.
                                                By my quick estimate, around 5% of my volume this year has been reduced vig.
                                                Comment
                                                • sdtrader
                                                  SBR Wise Guy
                                                  • 01-23-09
                                                  • 536

                                                  #234
                                                  I agree, I got lucky and even though I was pissed at the time that the order got filled my team still won. But in the future I will probably only leave open orders up during commerical breaks.
                                                  Comment
                                                  • KGambler
                                                    SBR MVP
                                                    • 07-09-09
                                                    • 2404

                                                    #235
                                                    Originally posted by Thremp
                                                    By my quick estimate, around 5% of my volume this year has been reduced vig.
                                                    That's OK. I like to bet stale lines as well.

                                                    I am talking about the "handicappers" who want to bet on a team and do it at the worst odds available. I am not talking about you taking advantage of some terribly run book which has an NBA game at +6 -110 when Pinny has +5 -106
                                                    Comment
                                                    • vanzack
                                                      SBR Sharp
                                                      • 12-16-06
                                                      • 478

                                                      #236
                                                      Originally posted by austintx05
                                                      [/i] it's been so long since I played at mansion I don't even remember the commission structure. Wasn't it better than MB's old structure?
                                                      I remember seeing the -103 on both sides of a spread, no matter what it really should have been.

                                                      Nobody loved mansion more than me. Those were the days. The 1k bonus on the Steelers Dolphins game?

                                                      Cant remember if they had commission either, but I remember betting limits at -103, and 2 minutes later betting the limit again and again.

                                                      Comment
                                                      • bracerman
                                                        SBR Sharp
                                                        • 01-07-11
                                                        • 469

                                                        #237
                                                        Originally posted by vanzack
                                                        The 1k bonus on the Steelers Dolphins game?
                                                        I still remember that like it was yesterday. What a dream. RIP Mansion
                                                        Comment
                                                        • bracerman
                                                          SBR Sharp
                                                          • 01-07-11
                                                          • 469

                                                          #238
                                                          Matchy definitely has its uses, but it can be real hit and miss. I some time yesterday looking for UFC lines, and the prices never got close to what the big books were offering
                                                          Comment
                                                          • austintx05
                                                            SBR MVP
                                                            • 08-24-06
                                                            • 3156

                                                            #239
                                                            vanzack, do you still play at matchbook? Just curious if their recent commission structure cause you to play elsewhere.
                                                            Comment
                                                            • KGambler
                                                              SBR MVP
                                                              • 07-09-09
                                                              • 2404

                                                              #240
                                                              Originally posted by bracerman
                                                              Matchy definitely has its uses, but it can be real hit and miss. I some time yesterday looking for UFC lines, and the prices never got close to what the big books were offering
                                                              That's weird. I would consider their UFC liquidity to be good the day of the fight. I managed to get many bets in yesterday, all at better odds than I could have gotten anywhere else. But I was monitoring the odds all day, which is probably the difference.
                                                              Comment
                                                              • bracerman
                                                                SBR Sharp
                                                                • 01-07-11
                                                                • 469

                                                                #241
                                                                Originally posted by KGambler
                                                                That's weird. I would consider their UFC liquidity to be good the day of the fight. I managed to get many bets in yesterday, all at better odds than I could have gotten anywhere else. But I was monitoring the odds all day, which is probably the difference.
                                                                Johnson +220
                                                                Silva -199
                                                                Rocha +275
                                                                Ellenberger -270

                                                                Matchy didn't come close to these.
                                                                Comment
                                                                • CaptainHindsight
                                                                  SBR Rookie
                                                                  • 01-04-11
                                                                  • 20

                                                                  #242
                                                                  Originally posted by bracerman
                                                                  Johnson +220 Silva -199 Rocha +275 Ellenberger -270 Matchy didn't come close to these.
                                                                  Did you offer any of them?
                                                                  Comment
                                                                  • KGambler
                                                                    SBR MVP
                                                                    • 07-09-09
                                                                    • 2404

                                                                    #243
                                                                    Originally posted by bracerman
                                                                    Johnson +220
                                                                    Silva -199
                                                                    Rocha +275
                                                                    Ellenberger -270

                                                                    Matchy didn't come close to these.
                                                                    Wrong.

                                                                    Ellenberger was available at -264 for a very long time. I know because I was the one making the offer. I was able to bet $3,799.26 on Rocha at +264, which was better than I could have gotten anywhere else at the time. Again, just another real world example from someone who actually uses MB.

                                                                    And you want Rocha at +275 and Ellenberger at -270? And they fought each other? Yeah, I would love an exchange like that as well.
                                                                    Comment
                                                                    • KGambler
                                                                      SBR MVP
                                                                      • 07-09-09
                                                                      • 2404

                                                                      #244
                                                                      Originally posted by bracerman
                                                                      Johnson +220
                                                                      Silva -199
                                                                      Rocha +275
                                                                      Ellenberger -270

                                                                      Matchy didn't come close to these.
                                                                      And who does "Johnson +220" refer to?
                                                                      Comment
                                                                      • ArunSh
                                                                        SBR Hall of Famer
                                                                        • 09-24-07
                                                                        • 6801

                                                                        #245
                                                                        Rather disappointing how terrible the liquidity has been on College Basketball, even near game time. Hopefully it picks up a bit with football over now...
                                                                        Comment
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