matchbook

Matchbook

matchbookMatchbook, the leading European betting exchange provider in the industry, offers customers a chance to lay bets on US sports. It’s in operation since 2004 and after a decade, it has emerged as an exclusive sports betting exchange that claims low commissions, liquid markets and competitive advantage over betting.

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In 2011, the company was acquired by a group of investors who are experts in banking and UK sports wagering sectors. Over the years, it has specialised in the Asian and European betting markets.

Matchbook is licensed by the UK Gambling Commission as well as Alderney Gambling Control Commission. But the website also accepts members from Australia so they can avail the advantage of 1% commission charge. This attracts most punters to the website.

Free Bet and Bonus Offers

New customers who sign up at Matchbook can avail the benefit of welcome bonus by entering the promotion code ‘MAXCASH’. As soon as the members complete the registration process, they can claim the welcome bonus (which is equivalent to $30 or £25). This two-tier bonus is offered in the form of bets and cash backs.

By offering smaller commissions, the website offers good value on live deals and bets. A few markets have already reduced their commissions on selected games and events. Thus, new customers can get a firm footing in the betting industry.

Sports Games on Offer

Matchbook provides its services in nearly all the important matches and sports events including American Football (NCAA and NFL), Auto Racing (Formula 1 and NASCAR), Australian Rules, Basketball (NCAA, NBA), baseball, mixed martial arts, boxing, cycling, cricket, ice hockey (KHL, NHL), gold, rugby, horse racing, tennis and soccer (football).

However, it focuses particularly on tennis and soccer wherein the members get a significant number of betting options, ranging from goal scorers to handicap to winner. Unfortunately, it doesn’t cover horse racing. The good thing is that the bookmakers focus on fluidity in one market and a specific sport at a time.

The website doesn’t cover many leagues. There are limited options in tennis, basketball, football and local competitions. Coming over to the markets, Matchbook offers basic match odds and Asian handicaps that covers over/under and doesn’t offer many variants.

Its betting exchange allows customers to lay bets against one another by laying or backing outcomes at prices that they determine. Like all other betting companies, even Matchbook attempts to eliminate financial risk borne by bookmakers. But you can be assured that the odds here are better than the odds offered by traditional bookmakers.

Compared to the traditional exchanges, Matchbook charges 1% commission on winning bets and potential win amounts. The website sets the events and markets whereas the customers choose if they wish to lay or back their odds.

As soon as you find the odds that you want, you can click on the desired odds and set the stake. If the market has enough liquidity, your bet will be matched. If there isn’t enough liquidity, a part of your bet will be matched and the remaining part will be left unmatched. Unmatched bets are kept open until new bettors place opposite bets to match them. You can cancel your unmatched bets as and when you want, even before they are matched.

When an event starts, the unmatched bets are voided.

Customer Support, Security & Banking Options

Matchbook accepts nearly all the credit/debit cards (Maestro, Visa, Visa Electron, Visa Delta and MasterCard). It also accepts prepaid vouchers and e-wallets including Neteller, PaySafeCard, Instadebit and Skrill. All other e-wallet transactions are free except Paysafecard that costs 2.5%.

However, in order to withdraw money from your account, you need to have minimum $35 (equivalent to £30). Though withdrawals are free of cost, Matchbook may charge if the withdrawal frequency is too high. Rest assured that all transactions are completely safe and transparent.

In case of any query or complaints, you can reach their customer support team via live chat (9am to 3am GMT), email (accounts@matchbook.com) or telephone number (+44-203-642-6967 or +353-21-242-8626).

Final Verdict

Being a strong betting exchange on US sports, Matchbook offers great odds and high liquidity rates, in comparison to other betting exchanges. Its commission rates are impressing, welcome bonus is attainable via MAXCASH promo codes and members can easily lay bets.

However, the website can still make room for improvement on leagues and sports. It can also expand their market to other international events. Other than this, the website offers great opportunities for the newbie.

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