Matchbook update

[MatchbookMike]

I finally got my money out, minus some serious bank fees. Good riddance to Matchbook. I would not play at Matchbook again even if I had the opportunity. They are clearly making the markets, at very low vig. It's only a matter of time until they get wiped out.

Hi Igetp2s,

Any markets that are seeded on Matchbook are done so by third parties. In most cases, those third parties receive commission free trading in exchange for putting up two way markets at certain width and depth over a predetermined time period.

Matchbook does not take positions on the exchange.

- Mike

[barcelonafc]

thanks for the update bud, great info

[cheezhead62]

Day 73 of Matchbook holding my money hostage. I submitted my withdrawal information on March 2, 2011. They owe me $22,460.63. I have requested updates on several occasions. Matchbook sent me an email on 4/28/11 saying my withdrawal was in the queue and due to be processed the next week and I would receive the funds the following week.

Needless to say that did not happen. What did happen was I got an email from Matchbook saying they did not know when they could pay me.

WTF Matchbook? 73 days? First I would get paid March 31, then sorry no you are not. Then you say on April 28th I'm in the queue and I will be processed next week, then sorry NO YOU ARE NOT.

This is beyond ridiculous to take this amount of time. Are you out of money? Do you really expect us to believe there are just a handful that have not been paid?

It's time to pay the money you owe.

[roanildinho]

contact mikey

[cheezhead62]

I have contacted MB on many occasions. Sick of all their BS. Just want to get paid. Can't trust anything they say to me anymore. Keep promising and not delivering.

[todd73nj]

I finally got my money out, minus some serious bank fees. Good riddance to Matchbook. I would not play at Matchbook again even if I had the opportunity. They are clearly making the markets, at very low vig. It's only a matter of time until they get wiped out.

I agree.

And like someone said it cant be proven. But if you looked at their markets for a while it was all 2332, 2712, 2172, all inverted and transposed #s.

And how about for NCAA basketball - there were no markets at all for the tournament. Kind of strange a market maker wouldnt want to pick up on the biggest month of sports gambling!

[todd73nj]

Hi Igetp2s,

Any markets that are seeded on Matchbook are done so by third parties. In most cases, those third parties receive commission free trading in exchange for putting up two way markets at certain width and depth over a predetermined time period.

Matchbook does not take positions on the exchange.

- Mike

So what advantage do they have over a regular player?

90% of the guys here claim to get REFUNDS being price makers. And there are a bunch of commission free markets now, arent there?

[Hareeba!]

So what advantage do they have over a regular player?

90% of the guys here claim to get REFUNDS being price makers. And there are a bunch of commission free markets now, arent there?

you really know a lot about MB don't you ?

you kept saying they were seeding the markets and now we find it is players on zero comm doing it

now you talk about refunds .... been gone for quite a while now ... other than the promo such as comm. free tennis for a month there is a minimum of 0.2% comm payable

very good volume and 1 to 2c lines on the games I was looking at earlier today

[roanildinho]

i agree with hareeba

[jizay]

you kept saying they were seeding the markets and now we find it is players on zero comm doing it

Stuff like this is why I wouldn't be surprised to learn that Hareeba is working for MB. We didn't "find" anything. Matchbook Mike claimed something. The same Matchbook Mike that made several self-contradictory claims on this same thread, which should be troubling to any clear-thinking individual.

It's common sense. Even Matchbook admits that US players were a large part of their business. I think US was even a larger part than they claim. Also, I know a few Canadian players and they have pretty much stopped using MB. I find it hard to believe that my sample is so unusual. Volume wasn't terrific right before they closed to US. So where is it all coming from now? One would be foolish for not considering the possibility that MB is seeding. Hareeba is either terribly foolish or sinister.

[Hareeba!]

Stuff like this is why I wouldn't be surprised to learn that Hareeba is working for MB. We didn't "find" anything. Matchbook Mike claimed something. The same Matchbook Mike that made several self-contradictory claims on this same thread, which should be troubling to any clear-thinking individual.

It's common sense. Even Matchbook admits that US players were a large part of their business. I think US was even a larger part than they claim. Also, I know a few Canadian players and they have pretty much stopped using MB. I find it hard to believe that my sample is so unusual. Volume wasn't terrific right before they closed to US. So where is it all coming from now? One would be foolish for not considering the possibility that MB is seeding. Hareeba is either terribly foolish or sinister.

yeah, everyone who doesn't hate MB is a liar!

say what you like, I'll just keep betting there at the best odds on this planet and getting my withdrawals paid within a few hours

[barcelonafc]

i love matchbook but dont have a clue were the baseball liquity comes from considering theres no yanks.

to be honest i dont give a rats fuk as long as i continue to get these amazing odds.

matchbook is my number 1 book now even over pinny and betfair.

[d2bets]

Matchbook these days reminds me of Mansion in its final months.

[todd73nj]

you really know a lot about MB don't you ?

you kept saying they were seeding the markets and now we find it is players on zero comm doing it

now you talk about refunds .... been gone for quite a while now ... other than the promo such as comm. free tennis for a month there is a minimum of 0.2% comm payable

very good volume and 1 to 2c lines on the games I was looking at earlier today

Stuff like this is why I wouldn't be surprised to learn that Hareeba is working for MB. We didn't "find" anything. Matchbook Mike claimed something. The same Matchbook Mike that made several self-contradictory claims on this same thread, which should be troubling to any clear-thinking individual.

It's common sense. Even Matchbook admits that US players were a large part of their business. I think US was even a larger part than they claim. Also, I know a few Canadian players and they have pretty much stopped using MB. I find it hard to believe that my sample is so unusual. Volume wasn't terrific right before they closed to US. So where is it all coming from now? One would be foolish for not considering the possibility that MB is seeding. Hareeba is either terribly foolish or sinister.

If I were MB management and I was seeding the markets, I certainly wouldnt tell anyone. So MBMikes response is no suprise to me at all.

But just my observations of the weird number patterns, absolutley no markets on the biggest month of sports betting. Something doesnt seem quite right to me.

And when did MB change commission structure again? Correct me if Im wrong but when I played there you got refunds for being a price maker. And that was 75 days ago? And for the 35 days my account was accessible - they didnt put up a new commission policy.

i love matchbook but dont have a clue were the baseball liquity comes from considering theres no yanks.

to be honest i dont give a rats fuk as long as i continue to get these amazing odds.

matchbook is my number 1 book now even over pinny and betfair.

I look for money safety myself. And I like the idea of an exchange because they should not be involved with the day to day betting. Wether they do it that way or not is another story.

Im sure if you knew you were betting against the house, with no history going for them, youd be a little more skeptical.

[Hareeba!]

COMMISSION As of April 11th 2011 Matchbook is announcing a new commission structure.

Baseball moneyline commission rates are charged at 0.2% for users who post offers and 0.8% for users who accept offers. On all other markets and sports Matchbook users who post offers will be charged 0.5% commission while Matchbook users who accept offers will be charged 1%, calculated on volume.

[roanildinho]

Burn

[jizay]

i love matchbook but dont have a clue were the baseball liquity comes from considering theres no yanks.

If I could still play there, I probably would, but I'd keep my balance small. If they are seeding, that's a dangerous game.

[cheezhead62]

Day 75 of Matchbook holding $22,460.63 of my money hostage. Matchbook Mike contacted me on Sunday May 15 by PM and wrote this "Our staff is looking into your individual case now and I will get back to you with a full response tomorrow." Well "tomorrow" (May 16th) came and went and no response. Just wondering, wasn't somebody at Matchbook looking into my individual case already?

Matchbook Mike also wrote, "On April 15th the US fed gov't seized many payment processors including the 3 we were using to process the Matchbook US player cashout. This has caused us unexpected delays." If this was the reason for the delays, why are you just now informing me it is the "processors" fault? If it was the processors fault, wouldn't you have explained that to me in your previous emails a month ago? I have had payouts from 4 other books since 4/15/11 and none of them had any processor issues. Why does only Matchbook seem to have payout issues?

[djtrub]

I pm'd matchbookmike and he was really helpful. I think he might help make you more of a priority to matchbook if you pm him? The reason I say that is because they were suddenly e-mailing me about wanting to get other bank details without me prompting them. I am still waiting on 50k but confident they will pay soon.

[MatchbookMike]

Day 75 of Matchbook holding $22,460.63 of my money hostage. Matchbook Mike contacted me on Sunday May 15 by PM and wrote this "Our staff is looking into your individual case now and I will get back to you with a full response tomorrow." Well "tomorrow" (May 16th) came and went and no response. Just wondering, wasn't somebody at Matchbook looking into my individual case already? Matchbook Mike also wrote, "On April 15th the US fed gov't seized many payment processors including the 3 we were using to process the Matchbook US player cashout. This has caused us unexpected delays." If this was the reason for the delays, why are you just now informing me it is the "processors" fault? If it was the processors fault, wouldn't you have explained that to me in your previous emails a month ago? I have had payouts from 4 other books since 4/15/11 and none of them had any processor issues. Why does only Matchbook seem to have payout issues?

Hi cheezhead62,

This is not the processors fault, however, after the events of April 15th where many 80+ payment processors were seized, processors became very cautious about making payments into the US.

I have corresponded with our team about your individual payment and I can assure you that you will receive your payment in the near future. Please continue to be patient.

I apologize for the delay.

- Mike

[todd73nj]

COMMISSION As of April 11th 2011 Matchbook is announcing a new commission structure.

Baseball moneyline commission rates are charged at 0.2% for users who post offers and 0.8% for users who accept offers. On all other markets and sports Matchbook users who post offers will be charged 0.5% commission while Matchbook users who accept offers will be charged 1%, calculated on volume.

Burn

Oh yes, thats a real "burn" since thats long after they stopped me from playing there. lol. And its been for an entire month. Still is not prompting people to post offers... take a look right now. On at least 75% of the markets posted I only see the SUPPOSIVE market maker price.

[todd73nj]

Day 75 of Matchbook holding $22,460.63 of my money hostage. Matchbook Mike contacted me on Sunday May 15 by PM and wrote this "Our staff is looking into your individual case now and I will get back to you with a full response tomorrow." Well "tomorrow" (May 16th) came and went and no response. Just wondering, wasn't somebody at Matchbook looking into my individual case already?

Matchbook Mike also wrote, "On April 15th the US fed gov't seized many payment processors including the 3 we were using to process the Matchbook US player cashout. This has caused us unexpected delays." If this was the reason for the delays, why are you just now informing me it is the "processors" fault? If it was the processors fault, wouldn't you have explained that to me in your previous emails a month ago? I have had payouts from 4 other books since 4/15/11 and none of them had any processor issues. Why does only Matchbook seem to have payout issues?

Hi cheezhead62,

This is not the processors fault, however, after the events of April 15th where many 80+ payment processors were seized, processors became very cautious about making payments into the US.

I have corresponded with our team about your individual payment and I can assure you that you will receive your payment in the near future. Please continue to be patient.

I apologize for the delay.

- Mike

Good luck, Cheezehead. You are waiting for way more than I am.

But I am 100% positive I will be paid, as I am positive you will also be paid, but unfortunately all we can wait. You will never hear real reasons why payment is slow. But they have much too much to lose to not pay eventually.

[roanildinho]

matchbook mike just pay todd

[MatchbookMike]

matchbook mike just pay todd

Todd,

Without even checking I am confident Todd has been long paid, as almost everyone has. He is referring to future wagers which are yet to expire.

- Mike

[Hareeba!]

Still is not prompting people to post offers... take a look right now. On at least 75% of the markets posted I only see the SUPPOSIVE market maker price.

did take a look just now
all I can assume is that you must be blind
not a spare gap to be seen in any of the MLB market fields - money lines all 1c
and the tennis pages even this far out from today's play are well filled up
and if you are unable to load the site how are you seeing anything at all?

and I'm still posting offers ... and getting them accepted at odds better than anywhere else

[roanildinho]

Todd,

Without even checking I am confident Todd has been long paid, as almost everyone has. He is referring to future wagers which are yet to expire.

- Mike

Hey mike sorry for pressuring you or anything i kinda messed up.
I support matchbook 100 percent
and i didnt know todd wasnt paid , because i was thinking if he was why is he bothering us..

i guess he is said that he can not participate in matchbook anymore.

Cheers
Roni

[the sink]

Do we really care what todd says anymore?
he is a joke and betmaker is a bigger joke...

[Hareeba!]

Do we really care what todd says anymore?
he is a joke and betmaker is a bigger joke...

only to the extent that misinformation shouldn't be permitted to stand uncorrected

[Donadon]

Matchbook with a slick new design now

[cheezhead62]

Good luck, Cheezehead. You are waiting for way more than I am.

But I am 100% positive I will be paid, as I am positive you will also be paid, but unfortunately all we can wait. You will never hear real reasons why payment is slow. But they have much too much to lose to not pay eventually.

Day 76 of Matchbook holding $22,460.63 of my money hostage. I wish I shared your optimism Todd. My daughter is getting married so I have been withdrawing a lot of money lately from various books. No problems with processors whatsoever. Why is it only Matchbook is having a problem? The only logical explanation is they do not have the money. If they had it we would have been paid by now. They are "faking it until they make it". The question is are they going to make it?

At least by me posting I can save a few of my fellow bettors from ending up in the same fate I have. I hope I am wrong but there is something that is very very wrong with Matchbook taking this long. I am going to keep posting until either I get paid or Matchbook officially goes under. Good luck to you though.

[MatchbookMike]

Matchbook with a slick new design now

With 8 New languages as well. 5 More languages coming this week. 5 New Odds types.

We hope you like it.

- Mike

[jjgold]

Betmaker is whore shit

Matchbook 2000x better

Mike keep up good work and do not forget to add live betting for euro guys

[MatchbookMike]

Betmaker is whore shit

Matchbook 2000x better

Mike keep up good work and do not forget to add live betting for euro guys

Thank you.

This is just the beginning, many exciting developments coming in the near future. Live betting, New currencies, further front-end developments and a VIP Program coming soon.

Cheers

- Mike

[the sink]

nice livebetting in the dallas game yesterday

[BigFish]

nice livebetting in the dallas game yesterday

Sink: Please elaborate. (I'm in the US so unable to even log in and see the liquidity, or lack thereof.) Would you mind being specific in your description of the amount of liquidity in last night's game? (assuming you mean the NBA game). When during the game did you notice this? Did it appear to be more than just one market maker putting up - EV lines on either side, as had been the case the last 18 months? How much was available? How much did you get down?

MANY MANY Thanks for any input.

BigFish