In this Matchbook review, discover what’s on offer at this popular betting exchange.
Who are Matchbook?
Matchbook is a betting exchange that formed in 2004. They have a reputation in the betting industry for low commission charges.
How to use Matchbook
Matchbook website has a distinctive colour scheme. Back bet odds are in blue, whileÂ lay buttons are pink. Much like Betfair’s interface.
More importantly, how do you place a bet on Matchbook?Â
Firstly, find a relevant event. Check that there is enough money in the market (liquidity) to match your bet. The above screenshot shows hundreds of pounds available.
When placing a lay bet, click on the “Lay” odds to add a selection to your betting slip. Enter your stake (i.e Â£10), which then shows the bet liability.
You need enough funds in your account to cover the liability figure. This is how much you stand to lose.
After entering your stake, click the “tick” button to confirm your bet. The “matched” and “unmatched” tabs on your betting slip show the current status of your bet.
Matchbook features various sports such as football, horse racing, basketball, tennis, golf, and more.
Matchbook is a smaller operation than the industry giant Betfair. You may notice a smaller range of sports and lower market liquidity.
However, Matchbook is good for matched betting on American sports – basketball, ice hockey, and American football. Moreover, popular events have lots of liquidity to match your bets.
So, Matchbook is a useful alternative to other betting exchanges.
Matchbook now charges 2% commission on the profit of winning bets. However, you won’t pay commission on losing bets. This matches their competitors Betfair Exchange, Smarkets, and Betdaq.
The Matchbook mobile app is available on Apple and Android devices. The app replicates the website with the same markets available.
Matchbook customer service is available via email, telephone and live chat (0800-0100 hrs GMT), or connect on Twitter and Facebook social media.
Matchbook is useful for matched betting. With low commission charges and a range of betting markets. A good alternative to Betfair, Smarkets and Betdaq.
In fact, some matched bettors use Matchbook as their main exchange for horse racing and US sports.