Arbusers

Guys, I wanted to ask about experiences with Matchbook. I opened up an account with them a while ago, but still never used/funded it. Would you recommend them or better to stay away. How fast do they process e-wallet withdrawls?
Thanks for any info.

FT

I would strongly recommend them!

They offer no commission on all soccer markets until April 1st and their Skrill/Neteller deposits and withdrawals are free of charge and the withdraals are processed within half an hour always.
Liquidity is much better than I expected and they also have a live chat.

Matchbook is actually great with that 0% commission on soccer matches.Liquidity is good.

After 1st of april , i know they will charge a commission but will they charge fee on withdrawals/deposits too ? If so , that's not worth to use it.

fnatic91 wrote: Matchbook is actually great with that 0% commission on soccer matches.Liquidity is good.

After 1st of april , i know they will charge a commission but will they charge fee on withdrawals/deposits too ? If so , that's not worth to use it.

I don't think so. They never had any fees.

what are their commissions in a normal period ? 1% on both winnings and losses ?

For losses you pay 1% on the smaller of the stake and net winnings. So essentially the amount you risk is higher than your stake and if you re-calculate the commission based on that, it turns out that you pay between 1% and 2%.It's even better than Smarkets, as long as you don't trade. Unfortunately the commission is not reduced if you place opposing bets. They have good liquidity on US sports too.

For losses you pay 1% on the smaller of the stake and net winnings

I think you meant  liability since we are talking about the case we loose ?!

fnatic91 wrote:

For losses you pay 1% on the smaller of the stake and net winnings

I think you meant  liability since we are talking about the case we loose ?!

The lowest of the stake and the potential winnings.

Matchbook introduced live tennis betting for the first time for this year's austrailian open with zero commission.
They should offer live tennis betting for all events and aside from live tennis betting, Matchbook will replace Betfair in no time given Betfair is robbing its users blind, increasing base commission rate on top of their premium charge policy

needs more markets .... more leagues more sports more everything ...

gaebiskon wrote: Matchbook will replace Betfair in no time

Dont be so sure about it. Management in Matchbook is terrible. They need guidance and some times they make even bigger mistakes than Betfair. Some times they operate with external people and that really dont care about reputation.
As an affiliate, I avoid making business with them.

Arbusers wrote:

gaebiskon wrote: Matchbook will replace Betfair in no time

Dont be so sure about it. Management in Matchbook is terrible. They need guidance and some times they make even bigger mistakes than Betfair. Some times they operate with external people and that really dont care about reputation.
As an affiliate, I avoid making business with them.

Do you mean the management right now or a year ago? I heard their new management consists of active or retired successful traders themselves, which sounded like a positive thing.

I mean the current management.
Attention all site owners. They dont pay affiliates.

ex-traders? you don't need traders to run an exchange. you need programmers and a couple of marketing experts. that's it.

drhoo wrote: ex-traders? you don't need traders to run an exchange. you need programmers and a couple of marketing experts. that's it.

They also need reliability and clever ideas to get the position in the market they would like to.