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Matchbook introduce increased commission and premium charges

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Alfa1234
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Re: Matchbook introduce increased commission and premium charges

Thu Oct 11, 2018 8:21 am

There are some unconfirmed reports agent accounts will not be affected.
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Re: Matchbook introduce increased commission and premium charges

Thu Oct 11, 2018 9:22 am

Alfa1234 wrote: There are some unconfirmed reports agent accounts will not be affected.
I have to disagree with that. The reports that I get are showing that some agents will stop offering Matchbook accounts in the coming days. Those who will continue offering Matchbook accounts will have to carry significant risks. Sharp and massive action will multiply these risks, we have seen this in the past.
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Re: Matchbook introduce increased commission and premium charges

Fri Oct 12, 2018 7:53 am

I received confirmation from PT that no changes will happen and their accounts are not subject to the Matchbook PC.
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Re: Matchbook introduce increased commission and premium charges

Fri Oct 12, 2018 8:47 am

Alfa1234 wrote: I received confirmation from PT that no changes will happen and their accounts are not subject to the Matchbook PC.
Considering MB themselves said they would never implement a premium charge, I wouldn't bet on that!!
Never trust a goose!!!
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Re: Matchbook introduce increased commission and premium charges

Fri Oct 12, 2018 9:32 am

dealer wins wrote:
Alfa1234 wrote: I received confirmation from PT that no changes will happen and their accounts are not subject to the Matchbook PC.
Considering MB themselves said they would never implement a premium charge, I wouldn't bet on that!!
Are you implying the agent can't be trusted on their word?  I have never had a reason to doubt anything they say and they have acted in a 100% trustworthy and professional manner in the years I've been their client.
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Re: Matchbook introduce increased commission and premium charges

Fri Oct 12, 2018 9:53 am

As soon as you have this sort of commission structure, anon accounts are always going to be a problem.

Have heard all sorts of rumours about Betfair wrt PC, trying to persuade agents to hand over player IDs.
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Re: Matchbook introduce increased commission and premium charges

Fri Oct 19, 2018 7:30 pm

Look at this  :)
Today commission from matchbook
0.63 49.37
0.63 is my profit and they took 49.37 commission  :)
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Re: Matchbook introduce increased commission and premium charges

Fri Oct 19, 2018 8:55 pm

"In this user's case, he placed several bets on both the Back and Lay result for F Krajinovic.
Each of these bets were charged their respective commission rate. Commission is not charged on the final payout.

Due to the backing and laying of each result on the same selection, the user was attempting to minimise their losses on the bet, but did not take the commission charge on each bet into consideration when calculating this."

This is from matchbook reply.
Do you belive this ?
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Re: Matchbook introduce increased commission and premium charges

Fri Oct 19, 2018 9:11 pm

Just to make is clear its agent account and I withdraw all my funds and closed account.
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Re: Matchbook introduce increased commission and premium charges

Fri Oct 19, 2018 10:12 pm

bye bye so called "betfair alternative"
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Re: Matchbook introduce increased commission and premium charges

Sat Oct 20, 2018 11:07 am

Bastard wrote: "In this user's case, he placed several bets on both the Back and Lay result for F Krajinovic.
Each of these bets were charged their respective commission rate. Commission is not charged on the final payout.

Due to the backing and laying of each result on the same selection, the user was attempting to minimise their losses on the bet, but did not take the commission charge on each bet into consideration when calculating this."

This is from matchbook reply.
Do you belive this ?
So standard 1% on each bet? That's nothing new.
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Re: Matchbook introduce increased commission and premium charges

Sat Oct 20, 2018 11:57 am

Do you work for matchbook  :)
Do you understand that they from 50€ green position took 49€ commission?
If thats ok to you just go ahead with matchbook, I withdraw all my money.
Alfa1234
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Re: Matchbook introduce increased commission and premium charges

Sat Oct 20, 2018 12:50 pm

Bastard wrote: Do you work for matchbook  :)
Do you understand that they from 50€ green position took 49€ commission?
If thats ok to you just go ahead with matchbook, I withdraw all my money.
Surely you are intelligent enough to know their commission system?  It's been like that forever.  You pay commission on every stake.  You could be trading all day and green up, while making a big loss there.  Not the agent's fault, your fault.
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Re: Matchbook introduce increased commission and premium charges

Sat Oct 20, 2018 6:08 pm

Bastard wrote: Do you work for matchbook  :)
Do you understand that they from 50€ green position took 49€ commission?
If thats ok to you just go ahead with matchbook, I withdraw all my money.
They charge commission on each bet, not the net market position at the end of the game.  You should know this as an arber, even if its your first day!
Never trust a goose!!!
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Re: Matchbook introduce increased commission and premium charges

Sat Oct 20, 2018 9:31 pm

I'm dissapointed of them, i was hopeful they will get big progress and become a realy competitive to BF, but now I can see it was surely gullible. shame.

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