[Max009]

There are 3 exchange options for US customers: Betmaker, Matchbook and the Parlaymakers Exchange. I thought a quick review of each and discussion would be worthwhile for everyone.

Betmaker - backed by CRIS
Deposit methods - VC, wire, Neteller, Moneybookers, **/**
Deposit fees - depends on method but according to their live chat 8% for VC, 3.9% for Neteller, 3.5% for Moneybookers, $15 flat for ** or **
Withdrawals: By above plus check
No rewards or other promotional programs
Commission: 2% introductory charged on net win but they state in the future their commissions will be based on the event type and on player activity starting at 6% with discounts.
Incentives for offers: Yes, but need to contact them
Software Review: I like their software, it looks similar to BetFair and is probably the most similar to what people using exchanges are used to.
Customer Service: The times I have used their customer service I have found it fast and knowledgeable
Sports offered: Fairly limited to the major US sports with offers only available about 24 hours before the game starts.
Pricing: I found several times their moneyline pricing to better than Matchbook, but in most cases generally speaking it is higher.
Liquidity: They don't always have offers up but when they do it should be fine for most bettors that wager 500 or less at a time. Good for game day betting but nothing early or non major sports.
Other observations: Major US book backing but seems that they are not sure exactly what they are trying to do with the exchange, whether it is relying on value or stability or appearance it seems unclear.

Matchbook - Independent
Deposit methods - VC, wire, GP, Moneybookers
Deposit fees - depends on method but generally 3.5 to 4.5%
Withdrawals: By above plus check
Offers commission credits to reimburse against deposit fees
Commission: 1% to accept all offers .2% commission paid to make offers
Incentives for offers: Yes, .2%
Software Review: Their software takes a little to get used to. I don't find it intuitive but once deciphered is manageable. Does not have Betfair style look for an exchange but functions well.
Customer Service: The times I have used their customer service I have found their live chat a little slow and the chat itself seems to occasionally have problems. Friendly helpful reps with good knowledge.
Sports offered: Fairly limited to the major US sports with offers only available about 24 hours before the game starts.
Pricing: Generally speaking for major sports very competitive pricing especially for MLB and within 6 hours of gametime.
Liquidity: They don't always have offers up but when they do it should be fine for most bettors that wager 500 or less at a time. Good for game day betting but nothing early or non major sports.
Other observations: Currently the largest exchange for US players

Parlaymakers - Independent
Deposit methods - GP, Moneybookers
Deposit fees - none
Withdrawals: By above
Rewards program up to 3/4% cash back on wagers
Commission: none but net winnings are instantly paid back to GP which charges 2%
Incentives for offers: Yes, 1.5%
Software Review: For accepting wagers it is just like a normal sportsbook interface. Virtually no adjustment for regular users placing wagers. Offers are made by exchange members and basically is similar to setting lines on the back end of sportsbook software.
Customer Service: I am biased so I will leave that up to discussion
Sports offered: Huge variety, by far the most variety of any exchange, everything from major US sports to 4th tier league English soccer, props available as well
Pricing: Parlaymakers guarantees to beat any line offered by any exchange or sportsbook. So by definiton, always the best price.
Liquidity: Because Parlaymakers is a sportsbook that has an integrated exchange it always has liquidity at all times on all events with excellent limits. Early lines are available at the same time Pinnacle publishes their lines.
Other observations: Exchange has the ability to offer dynamic offers that will fluctuate with the base Parlaymakers price making the task of managing offers much easier. Also, offers can be made on all events up to the available balance thus increasing the chance offers will get accepted.

Lets discuss.

[minet123]

Lets answer my emails and PM first (At ken's)


Is the discussion US facing only ?

[Max009]

Lets answer my emails and PM first (At ken's)


Is the discussion US facing only ?

I responded. Yes, lets limit it to US facing only otherwise we are comparing things that are not competing with the same operating issues.

[Odessa]

Parlaymakers - Independent
Pricing: Parlaymakers guarantees to beat any line offered by any exchange or sportsbook. So by definiton, always the best price.

I don't understand how Parlaymakers can guarantee best line? Can you show the printscreen how to do it?

[Max009]

I don't understand how Parlaymakers can guarantee best line? Can you show the printscreen how to do it?

If you find any line at any sportsbook or exchange that is better than what you currently see at Parlaymakers, just contact the live chat at Parlaymakers and we will make sure a better offer appears on the line in question.

Example, you find a line at +151 at Matchbook and that is better than the current best line at Parlaymakers, then contact live chat at Parlaymakers and we will make sure a line goes up for at least +152 to beat the line in question. We will ask you how much you want to wager on it.

Simple, guaranteed best line, always.

[bubba]

arent you not suppsoed to list depsoit/withdrawl methods for books here?

[ToNyyy]

Max ship me $50 on GP pal

[bubba]

If you find any line at any sportsbook or exchange that is better than what you currently see at Parlaymakers, just contact the live chat at Parlaymakers and we will make sure a better offer appears on the line in question.

Example, you find a line at +151 at Matchbook and that is better than the current best line at Parlaymakers, then contact live chat at Parlaymakers and we will make sure a line goes up for at least +152 to beat the line in question. We will ask you how much you want to wager on it.

Simple, guaranteed best line, always.

if matchbook has +149/-150; you would put up +150/-149? how can you possibly make $ doing this?

[wrongturn]

If you find any line at any sportsbook or exchange that is better than what you currently see at Parlaymakers, just contact the live chat at Parlaymakers and we will make sure a better offer appears on the line in question.

Example, you find a line at +151 at Matchbook and that is better than the current best line at Parlaymakers, then contact live chat at Parlaymakers and we will make sure a line goes up for at least +152 to beat the line in question. We will ask you how much you want to wager on it.

Simple, guaranteed best line, always.

There are a bunch of $1 offers on Matchbook. You count those as well?

[Max009]

if matchbook has +149/-150; you would put up +150/-149? how can you possibly make $ doing this?

I always love it when people are concerned for our financial well being. First, Parlaymakers has the best line most of the time anyway, with just the base Parlaymakers line. Second we have our own traders which are super competitive beyond that. Third, we make money on all the other times when no exchange has any offer at all. This is the advantage of having the sportsbook and exchange integrated. Finally, there are not really that many times where the situation will be as you suggest but when it is, we will take the action. I said before in another thread that the upcoming exchange competition would be good for players.

[RonPaul2008]

Matchbook is the #1 u.s. facing exchange...not even close

And their software is very intuitive

[Max009]

There are a bunch of $1 offers on Matchbook. You count those as well?

As the long as the offer is consistent with a normal pricing meaning not a +200 offer on -200 line then yes.

[bubba]

I always love it when people are concerned for our financial well being. s.

can you blame me for wondering how a book im depsoiting to makes $? would you depsoit at a book with a 100% bonus, 1X rollover on all depsoits? yes, i would want to be assured of a books financial well being before sending them MY MONEY

[Max009]

Matchbook is the #1 u.s. facing exchange...not even close

And their software is very intuitive

I agree they are currently the largest US exchange. I don't agree that their software is very intuitive. It works fine but takes a little getting used to. Also, it lacks the dynamic pricing option and ability to put up multiple wagers on your available balance which I think are big advantages. One of the reasons you don't see much action overnight at Matchbook is because people can't monitor their offers all the time. Having the ability to have your offers track versus the basic Parlaymakers line is an excellent feature for our exchange members.

[Max009]

can you blame me for wondering how a book im depsoiting to makes $? would you depsoit at a book with a 100% bonus, 1X rollover on all depsoits? yes, i would want to be assured of a books financial well being before sending them MY MONEY

I was just messing with you a little. A reasonable question by all accounts and a reasonable answer provided I think.

[odysseus]

Sorry if I'm being ignorant, but is Parlaymakers new or have they been around a while and have a track record - I've never heard of them.

[Max009]

Sorry if I'm being ignorant, but is Parlaymakers new or have they been around a while and have a track record - I've never heard of them.

Little over a year old. So fairly new.

[minet123]

Max
Thank you
I think I did that right-double check when you get a chance no rush It's clear who i picked and if i screwed up I know you will fix it
NEXT
WTF
Is
1)level:Standard
2)Cash out points
Don't spring new stuff us on us you know how these board react you will be sent to the island of sportbook exiles.At least you won't be alone Bodog Becky and Blackie have already started the colony

[Halifax]

Why are players who deposit with Moneybookers not eligible for the Rewards program at Parlaymakers ?

[minet123]

Sorry to hijack the thread earlier
But I dont think you can count betmaker
They have close to ZERO LIQUIDITY
CRIS doesn't even dump action there it goes to Betfair or matchbook depending on the sport

[Max009]

Max
Thank you
I think I did that right-double check when you get a chance no rush It's clear who i picked and if i screwed up I know you will fix it
NEXT
WTF
Is
1)level:Standard
2)Cash out points
Don't spring new stuff us on us you know how these board react you will be sent to the island of sportbook exiles.At least you won't be alone Bodog Becky and Blackie have already started the colony

It looks fine. The new rewards programs what the level/cash out points thing is. You can find details under the reward tab on the main page.

Is that like a Survivor Island.....I don't know what Blackie looks like so I hope I end up on Becky's team.

[Max009]

Why are players who deposit with Moneybookers not eligible for the Rewards program at Parlaymakers ?

There will be a reward program next week for Moneybookers players as soon as we get the Moneybookers guys eligible to make exchange offers. It will not be as generous as the GP side because its more expensive for us to use Moneybookers.

[Max009]

Sorry to hijack the thread earlier
But I dont think you can count betmaker
They have close to ZERO LIQUIDITY
CRIS doesn't even dump action there it goes to Betfair or matchbook depending on the sport

Betmaker does have some action though and I have seen better deals at times on there than on matchbook. Of course we all know where the best deal is now...guaranteed.

[bookie]

Max

WTF
Is
1)level:Standard
2)Cash out points

Max is going to need to have at least thirty people to tell him his interface is a mess before he starts to provide documentation or standardizes it to look like other exchanges. 5, 4, 3, 2, 1...

[Max009]

Max is going to need to have at least thirty people to tell him his interface is a mess before he starts to provide documentation or standardizes it to look like other exchanges. 5, 4, 3, 2, 1...

There is no plan to make it look like other exchanges. The front end for people just placing wagers is much simpler.

[bookie]

The front end for people just placing wagers is much simpler.

I agree with that Max. You just make a bet and if there's an offer at a better price you get to take it. That's cool, if you get liquidity that's very cool.

But to get liquidity you're going to have to do some educating on the terminology that minet123 mentions. It might not be an issue right now with just a handful of customers and you doing the seeding, but if you want your customers to get in the game you've some splaining to do--and it just strikes seems like you don't understand that or there would be a little tutorial or something on the site. But the winds will howl and the mountain will hear, and bow.

[austin]

so matchbook is the winner...

[Climate]

Now we got an exchange at the M casino in las Vegas. They call. It inside wagering. Same concept though.

[Max009]

I agree with that Max. You just make a bet and if there's an offer at a better price you get to take it. That's cool, if you get liquidity that's very cool.

But to get liquidity you're going to have to do some educating on the terminology that minet123 mentions. It might not be an issue right now with just a handful of customers and you doing the seeding, but if you want your customers to get in the game you've some splaining to do--and it just strikes seems like you don't understand that or there would be a little tutorial or something on the site. But the winds will howl and the mountain will hear, and bow.

There is always room for improvement. And compared to most places we are pretty quick to respond to feedback and at least open to new ideas. I have said before nothing is ever a finished product in software. For those of you that have been with us for a while you have seen a lot of new features added and things improved over that time. A tutorial for both front end and back end users is a good idea. Maybe a youtube video. I have noted it.

[Max009]

so matchbook is the winner...

If you want the best guaranteed price then Parlaymakers is better. If you are playing at Matchbook that means you will never get the best line that you could have. If you are using Matchbook and not Parlaymakers then you are always leaving money on the table and that is true whether you are placing wagers or placing offers.

[bubba]

If you want the best guaranteed price then Parlaymakers is better. If you are playing at Matchbook that means you will never get the best line that you could have. If you are using Matchbook and not Parlaymakers then you are always leaving money on the table and that is true whether you are placing wagers or placing offers.

but if you put up an offer at matchbook, you are paid commsion as opposed to parlaymakers where you would have to pay commision. the price would have to be 3 cents better or something to make it worthe it

[bookie]

but if you put up an offer at matchbook, you are paid commsion as opposed to parlaymakers where you would have to pay commision. the price would have to be 3 cents better or something to make it worthe it

That's the most important point. I wish Max would stop pretending that comparing PM's and MB's listed prices were an apples-to-apples comparison. It's deceptive. It would be great to have a calculator on the home page so that the customer could compute the actual price taking into account the GP deposit, withdrawal, and winning bet fees on an X times rollover basis as compared to MB's commission credits in and $9/$3000 cashout option.

[loyd]

If you want the best guaranteed price then Parlaymakers is better. If you are playing at Matchbook that means you will never get the best line that you could have. If you are using Matchbook and not Parlaymakers then you are always leaving money on the table and that is true whether you are placing wagers or placing offers.

did you check if any of the the exchanges available to US players have the possibility to buy points?

[bookie]

did you check if any of the the exchanges available to US players have the possibility to buy points?

loyd...that makes no sense. Who would you buy the points from on an exchange? MB offers alternate lines, which is a little like buying points, but at the level of idea "buying points" and exchanges don't go together.

[Max009]

but if you put up an offer at matchbook, you are paid commsion as opposed to parlaymakers where you would have to pay commision. the price would have to be 3 cents better or something to make it worthe it

You are paid a commission to put an offer on Parlaymakers, 1.5%, see my original post. So factoring in the gp 2% on net winnings on average you are getting paid .5% on every accepted offer. That is 3/10 of a percent better than Matchbook. Summary Matchbook pays you .2% and Parlaymakers pays you a net of .5%. So you will make more putting up offers on Parlaymakers than you will on Matchbook.

Also, you actually get something out of the 2% paid to Gp and that is instant control of your money.