Betmaker Review - In progress

[Aristocles]

Have watched this thread since it began. Decided to deposit a token amount to get first hand experience. Hopefully all goes well. Thanks to those who have contributed here.

[todd73nj]

Director


Joined: September 04, 2007 14:01:01 UTC
Messages: 830
Offline
Intrade has discontinued offering individually-named member bank accounts. The service will be withdrawn for existing users at the close of business on November 30, 2011, at which time, the balances in individual segregated accounts will be transferred back to the general member bank accounts.

The money is safe at Intrade considering they're forbidden from withdrawing from player-segregated funds by Irish banking laws and would face jailtime for fraud for doing it. This is not some fly-by-night operation going on there.

As far as what that implies, you're reading far too much into it. It costs them money to maintain them, and I am guessing they don't want to pay for it anymore. On top of that, if you're a US citizen, that is also a colossally stupid idea to have an Irish bank account unless you're filing forms with the Treasury department. Having offshore bank accounts and not reporting them can land you in jail. For real.

Todd, back in the 2006-2007-2008 time frame, tens of thousands changed hands during big football, baseball, and NBA games on Matchbook. The World Cup was even pretty big in live betting. Whether you acknowledge that or not doesn't matter much...it was reality. Betmaker has a very long way to go to get back to where Matchbook was.

Domer, I played back in those days.

And in case You dont recall - you bragged about your bet size on another thread, and ANOTHER user, not I called you out. You claims how you BET you has so much more at risk than I did. He offered to bet you SBR points. Not real money, just SBR points that I had more at risk than you. You backed down immediately when I offered to post my screen shot. You talked all big over $600. And wouldnt risk your $5 in SBR points.

So your talk is really meaningless to me - as you clearly demonstrated that you are nothing but fluff.

I played at MB during those years in question. 10s of thousands was not a norm in game. It never was. And certainly not on an everyday basis. Because search this thread my friend, and you will fin hundreds claiming to trade as "big" as you.

Do the math - MB would have NEVER had a distress sale to get out if these really were the trading volumes.

[todd73nj]

Have watched this thread since it began. Decided to deposit a token amount to get first hand experience. Hopefully all goes well. Thanks to those who have contributed here.

We are all glad to have your added liquidity!!

[todd73nj]

Director


Joined: September 04, 2007 14:01:01 UTC
Messages: 830
Offline
Intrade has discontinued offering individually-named member bank accounts. The service will be withdrawn for existing users at the close of business on November 30, 2011, at which time, the balances in individual segregated accounts will be transferred back to the general member bank accounts.

This certainly cannot be viewed as a positive. I wonder what their rational is.

[Aristocles]

We are all glad to have your added liquidity!!

Thanks Todd.

I already like the place, won my first bet (Cards/Rangers u7 1/2). IMO it has a great deal of potential. Hopefully it will be realized.

[Domer]

Domer, I played back in those days.

And in case You dont recall - you bragged about your bet size on another thread, and ANOTHER user, not I called you out. You claims how you BET you has so much more at risk than I did. He offered to bet you SBR points. Not real money, just SBR points that I had more at risk than you. You backed down immediately when I offered to post my screen shot. You talked all big over $600. And wouldnt risk your $5 in SBR points.

So your talk is really meaningless to me - as you clearly demonstrated that you are nothing but fluff.

I played at MB during those years in question. 10s of thousands was not a norm in game. It never was. And certainly not on an everyday basis. Because search this thread my friend, and you will fin hundreds claiming to trade as "big" as you.

Do the math - MB would have NEVER had a distress sale to get out if these really were the trading volumes.

Notice the years I was referring to, 2006-2008. Their betting took a sharp dive post-Pinnacle, post-Neteller, and post-UIGEA...square money dried up. And then with WSEX hitting the crapper, the markets stopped being seeded. It was a confluence of events that led to Matchbook's decline. Possibly including them extending credit to certain persons who couldn't pay them (although I'm not sure I buy that entirely, considering SBR is/was incredibly biased). They had a stellar business model. No risks, pure profit. Look at Betfair. Depending what the new owners paid for MB, and their savviness in being able to cut into Betfair's market share, they possibly landed a goldmine.

So...yes, they had very very lively in-game betting during their heyday. You could easily get down $1k during a commercial break or a break in the action in night football games, big college games, BCS games, big baseball games, big NBA games...sometimes much more than that. Over the course of the game you could bet in the tens of thousands.

As far as my personal balances, really dude, who cares? If you want to believe I didn't have high balances and that I am just making it up, I honestly could not care less. It's the internet. But the reason that I called that guy out was because he had some bet on the NBA futures and he was all butthurt he would have to wait 4 to 5 months to cash it out when Matchbook was bought. And why was that stupid? He would've had to wait 4 to 5 months to cash it out even if Matchbook wasn't bought! Just some dumb guy whining. And speaking of whining, you've done nothing but whine since the days of TS. You're nearing 40 and you still act like a bitter teenager. Grow up man, the schtick is tired and pointless.

[Johnnythunder]

Domer, I played back in those days.

And in case You dont recall - you bragged about your bet size on another thread, and ANOTHER user, not I called you out. You claims how you BET you has so much more at risk than I did. He offered to bet you SBR points. Not real money, just SBR points that I had more at risk than you. You backed down immediately when I offered to post my screen shot. You talked all big over $600. And wouldnt risk your $5 in SBR points.

So your talk is really meaningless to me - as you clearly demonstrated that you are nothing but fluff.

I played at MB during those years in question. 10s of thousands was not a norm in game. It never was. And certainly not on an everyday basis. Because search this thread my friend, and you will fin hundreds claiming to trade as "big" as you.

Do the math - MB would have NEVER had a distress sale to get out if these really were the trading volumes.

The guy is a loser Todd. He cried and moaned because I owed him about a $1.12 worth of sbr points but on the flip side claimed to be betting thousands at Matchbook. I challenged him two or three times to either a 500 or 1000 dollar bet at Matchbook and all I got was a some crony of his emailing me to tell me how much he bets and how many thousands he had in Matchbook. The guys a complete fraud. You're smart not to waste your time with this miscreant.

[todd73nj]

The guy is a loser Todd. He cried and moaned because I owed him about a $1.12 worth of sbr points but on the flip side claimed to be betting thousands at Matchbook. I challenged him two or three times to either a 500 or 1000 dollar bet at Matchbook and all I got was a some crony of his emailing me to tell me how much he bets and how many thousands he had in Matchbook. The guys a complete fraud. You're smart not to waste your time with this miscreant.

LOL. Exactly.

Pretty much take the numbers he uses, clide the decimal over twice to the left - and you have the accurate number. Or so it seems to me.

But lots of guys like that. What they dont understand was that if even the 4 people in this thread who claim to have been profiting thousands, or betting 10,000 a game each - do the math on what MB would have been making on JUST those 4 players. Now for them each to be trading 10,000 per game, someone had to be taking it..

The numbers dont add up. They wouldnt have been selling their business

[Domer]

Your life has hit rock bottom if you're scamming SBR points man. I'm guessing you still owe me points.

[Aristocles]

The numbers dont add up. They wouldnt have been selling their business

LOL! Cannot help but think Don King. Seems I recall a quote ~ "da numbahs don't work".

[Domer]

I've already explained to the simpleton that his years are off. Matchbook's peak was 2006, 2007, and 2008. Even beyond live betting, there were offers on NFL games of 50k on each side quite frequently. You could not bet that much anywhere but Pinnacle. Matchbook was huge.

But when Neteller left the US, Pinnacle left the US, UIGEA passed, and WSEX floundered...they ALL combined to lead to a decline in Matchbook's core business (US bettors). Conversely, Betfair during that time period, using the exact same business model except in a more gambling-friendly environment, was growing astronomically. So we know that it was not the business model that failed, but rather a confluence of events outside of MB's control. Consequently, it was bought and is being converted to a competitor of Betfair, and I hope they succeed.

[Johnnythunder]

Your life has hit rock bottom if you're scamming SBR points man. I'm guessing you still owe me points.

No your life has hit rock bottom when you're wasting time loaning SBR points in an effort to make a few cents of interest. You're a broke loser and we know it.

[todd73nj]

LOL! Cannot help but think Don King. Seems I recall a quote ~ "da numbahs don't work".

No YouTube Link to accompany this?

I've already explained to the simpleton that his years are off. Matchbook's peak was 2006, 2007, and 2008. Even beyond live betting, there were offers on NFL games of 50k on each side quite frequently. You could not bet that much anywhere but Pinnacle. Matchbook was huge.

But when Neteller left the US, Pinnacle left the US, UIGEA passed, and WSEX floundered...they ALL combined to lead to a decline in Matchbook's core business (US bettors). Conversely, Betfair during that time period, using the exact same business model except in a more gambling-friendly environment, was growing astronomically. So we know that it was not the business model that failed, but rather a confluence of events outside of MB's control. Consequently, it was bought and is being converted to a competitor of Betfair, and I hope they succeed.

Sounds like another millionaire I know who posts in this thread. Name Dropping, Site Dropping, Year stating, BIGGGGGG Winning, Never data producing super gambler!

[Aristocles]

Could it be?

[unclebuzz1]

I won 47.2 million at MB in 2007-2008 and my John Henry is 14 inches long. Don't ask for a screenshot of either.

[todd73nj]

I won 47.2 million at MB in 2007-2008 and my John Henry is 14 inches long. Don't ask for a screenshot of either.

Not sure Id want a screen shot of that 2nd claim. But I bed Dome-r PMed you within about 5 minutes of that being posted.

If any of you get a chance, drop Betmaker an email about leaving ALL games open for the live trading option in a few hours.

[todd73nj]

Were all the games left open today?

It looked like all late games were left open - not that there was much volume on all of them, but it seemed to me that they were - I only had a chance to check mid 1st qrtr

[unclebuzz1]

Most (if not all) early afternoon games were left open with no realistic offers.

[Aristocles]

Most (if not all) early afternoon games were left open with no realistic offers.

Yes, they appeared open, I didn't pay attention to the offers. I have lost but a single bet there. So, I love the place. Well, until the other shoe drops and the pendulum swings back toward evening things out

I wish they had more soccer offerings but maybe in the future.

[Johnnythunder]

Todd or anyone else....I'm posting up this week. Are they grading wagers quickly? Have things improved over the last two weeks?

[jizay]

Todd or anyone else....I'm posting up this week. Are they grading wagers quickly? Have things improved over the last two weeks?

Been grading quick on the things I've wagered on. Some good numbers on the world series games - had a MM throughout last few times. Sometimes it's hard to get a big position pregame - a little hit or miss depending on the game. All in all, pretty good.

[Aristocles]

Todd or anyone else....I'm posting up this week. Are they grading wagers quickly? Have things improved over the last two weeks?

My wagers have been graded within minutes with the exception of Duke +3 which took an hour, which I still consider fast. But I have little experience there, all I can 'say' is that the grading of mine have been on par with the other sites I have been at.

[Johnnythunder]

My wagers have been graded within minutes with the exception of Duke +3 which took an hour, which I still consider fast. But I have little experience there, all I can 'say' is that the grading of mine have been on par with the other sites I have been at.

Did you pay a fee to deposit? I've never seen a book ask me for a freakin fee to deposit.

[Aristocles]

Did you pay a fee to deposit? I've never seen a book ask me for a freakin fee to deposit.

I paid 8% using my CC.

[todd73nj]

Glad to hear they are leaving everything open - thats a step in the right direction. Even with no offers. Maybe they willc ome.. Or MMers will see it and want to do the games.

Wagers on most things have been graded fine for me. But Im not usually checking the minute a game ends. Anything thats not graded - if I need it graded. I call or email.. usually done within a few mins after that.

[Johnnythunder]

Glad to hear they are leaving everything open - thats a step in the right direction. Even with no offers. Maybe they willc ome.. Or MMers will see it and want to do the games.

Wagers on most things have been graded fine for me. But Im not usually checking the minute a game ends. Anything thats not graded - if I need it graded. I call or email.. usually done within a few mins after that.

Have you ever had them charge you incorrect commission percentage or charge you commission on a loss?

[todd73nj]

Have you ever had them charge you incorrect commission percentage or charge you commission on a loss?

Honestly - I cant say that I have ever checked.

Its sort of a trust thing on that for me. I never reviewed that with MB or Tradesports, or any site. If they did - they got me for a few bucks. I guess I should go back and check.

Has this happened to you?

[Johnnythunder]

Honestly - I cant say that I have ever checked.

Its sort of a trust thing on that for me. I never reviewed that with MB or Tradesports, or any site. If they did - they got me for a few bucks. I guess I should go back and check.

Has this happened to you?

Was being overcharged on commission at Matchbook for a few weeks before I joined this site. Two or three years ago. Lost about 50 bucks I gather...they never refunded me. Then again....I'm sure you know Matchbook made quite a few errors...their customer service was perpetually out to lunch.

[todd73nj]

Was being overcharged on commission at Matchbook for a few weeks before I joined this site. Two or three years ago. Lost about 50 bucks I gather...they never refunded me. Then again....I'm sure you know Matchbook made quite a few errors...their customer service was perpetually out to lunch.

Ahh ok.. so you question was hypothetic.

Ive never checked at any of the sites I use. I will only know it they mark a winner as a loser - but commission, in game commission, refunds, - They could beat me out of money every night and I wouldnt realize i.t

[Aristocles]

Bored. . . made four bets with BETMAKER tonight:

Houston U -27 1/2 +105
Rice/Houston U O70 1/2 -111
Virginia/Miami U48 1/2 -101
St. Louis -1 1/2 +196

Wish me luck. LOL

[unclebuzz1]

Have watched this thread since it began. Decided to deposit a token amount to get first hand experience. Hopefully all goes well. Thanks to those who have contributed here.

I paid 8% using my CC.

Did you read the fine print where they charge a $50 fee for withdrawals? Good luck on tonight's plays!

[Hareeba!]

Did you read the fine print where they charge a $50 fee for withdrawals? Good luck on tonight's plays!

8% ingoing and then another fee for withdrawals? .... you'd have to be crazy to play under that sort of handicap

[Aristocles]

Did you read the fine print where they charge a $50 fee for withdrawals? Good luck on tonight's plays!

Absolutely. I suppose if I like the place I will make a further deposit. Then again, that covert supposition assumes I will ever profit enough to worry with withdrawals.

And, of course, thank you.

[Aristocles]

8% ingoing and then another fee for withdrawals? .... you'd have to be crazy to play under that sort of handicap

Yes, everyone who wagers there and deposits via C-C is crazy. I deposited a small amount with my C-C and was charged 8%. I am ahead already by more than the 8% and the 50 USD fee. But it was a token amount and the 8% amounted to very little.

I suppose being called "crazy" by you should be insulting but somehow I cannot make myself give a fukk what you think.

[Hareeba!]

Yes, everyone who wagers there and deposits via C-C crazy. I deposited a small amount with my C-C and was charged 8%. I am ahead already by more than the 8% and the 50 USD fee. But it was a token amount and the 8% amounted to very little.

I suppose being called "crazy" by you should be insulting but someone I cannot make myself give a fukk what you think.

well done getting ahead of that sizeable handicap but the fact remains that you are giving up far too much by starting that far behind

it's tough enough to make a good return on investment at sports betting without having to give up so much of it in overheads such as that, and if you're American to have to pay tax on what's left over

maybe you don't care but hopefully some smarter readers will have a good think about the numbers involved there