Get The Best Casino Experience At Matchbook: India’s Top Gaming Destination – Matchbook is a betting exchange that has been operating since 2004, but only entered the UK market after a significant investment in 2011. The site offers peer-to-peer trading instead of traditional betting. The business model is based on customers who want to bet that something will happen (backers) and others who want to bet that the same outcome will not happen (layers). Bets are made at a mutually beneficial price.
The operator is licensed and regulated by the United Kingdom Gambling Commission (UKGC) and the Alderney Gambling Control Commission. The main product is sports betting, but the Matchbook site also includes a casino and live casino that do not use an exchange model. The betting exchange and other gaming products are available on desktop and as part of mobile apps, and there is also a mobile website.
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By using the promo code ‘FREE’, new Matchbook customers will claim up to £15 back on their first betting losses. An initial deposit of £25 or more is required before placing a bet to qualify at odds of 4/5 or more. If your bet loses, your deposit will be refunded in cash up to £15. The terms and conditions of the offer are relatively easy to follow, with the following points to consider:
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Matchbook does not offer a series of ongoing promotions for existing customers, but the site promotes cumulative bets. However, these are only cumulative bets and cannot be placed. The operator claims to be the only betting exchange that has cumulative bets. Betfair customers can place multiple bets in the same way. These are reverse bets and there is no extension option.
Matchbook customers can place accas on the following selected markets marked with an icon: match result, both teams to score, handicaps and totals. The option is available for 12 sports including football, tennis and horse racing. Accumulation bets with Matchbook are subject to the following conditions:
Matchbook claims that acca bets are part of the betting exchange, when in fact they are standard bets accepted by fixed-odds bookmakers. In fact, some offer a win bonus in acca, but Matchbook places bets at standard odds. With 10 winning picks, Acca offers a potentially long-lasting win for a small deposit.
Matchbook is a betting exchange that allows customers to book and place bets on various sports. Categories are displayed in two lists: Popular Sports and All Sports. At the time of writing, the popular list included horse racing, football, American football, tennis and basketball. The full list includes 16 categories including popular sports, politics and TV specials. Here’s information on the three biggest sports bets on Matchbook:
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Horse racing is still the leading betting sport in UK bookmakers. Customers with UK online operations expect good racing services. It is the leading sport on Betfair and Matchbook offers betting on matches in the UK and Ireland and other parts of the world. Customers can come back and place horses to win a race or place. At the time of writing, there was very little liquidity in the UK horse racing markets.
Matchbook also provides exchange bettors with a platform to back and throw horses in the ante-post markets for the major championship races at the Cheltenham Festival and the Grand National. Overall, Matchbook racing offers better value than fixed odds bookmakers. However, winning bets are subject to a 2% commission and bets are not guaranteed to match. If there is little liquidity in the market, bets do not match.
Matchbook offers football match markets in 13 countries and the Europa League and Champions League. Customers can also trade with the outright winner of the Premier League and Championship in England. The most popular betting competition is the English Premier League. However, the range of markets is limited to match result, handicaps, totals and exact scores. Other betting exchanges offer many more options for betting on a football match.
At the time of writing, three days before the match, liquidity in these markets is thin. Football bookmakers tend to place bets on match day, but Betfair has already generated higher volumes of liquidity at this stage. Match result odds offer good value compared to the same odds with traditional bookmakers. However, winning punters pay 2% of the net profit in commission. Bets may not correspond to the actual odds, so they may change before the match starts.
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Tennis is very popular for stock trading on Matchbook because the odds are constantly changing. Indeed, at different stages of the match, a player can be a favorite and an underdog. The odds change after each point, but the biggest change comes after the service break. The range of tennis markets is limited to match winner, handicap and totals. Matchbook offers these options for matches in ATP and WTA tournaments, Challenger tournaments and ITF tournaments. The amount of liquidity is reasonable, meaning backers and tiers should get most bets settled at a reasonable price.
Matchbook’s mobile customers access the service using Android and iOS devices. The Android app cannot be downloaded directly from the Google Play store, but punters can install the mobile app using the link provided on the operator’s website. Customers using iOS devices can download a special app from the respective store.
Matchbook does not offer any special mobile discounts for new and existing customers. However, the applications are fully functional, which means that users can place accumulators and trade with a commission of 2% of the net profit. Apps and mobile sites work well and are easy to navigate. Mobile users enjoy a stylish design and full functionality.
Customers with Matchbook can bet on stock markets on 13 sports. The operator provides the platform and keeps a commission of £2 on winning bets. Foreign exchange markets are sensitive and subject to supply and demand. If there are more backers than layers, there is downward pressure on the price. If there are more layers than carriers, there is pressure to increase the price. The aim is to connect supporters and players with bets at an affordable price. Bets may be partially settled or not settled at all, and liquidity is key to this ever-changing process.
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In-game bets are displayed in the list of popular categories in Matchbook. Football and tennis make up the most live bets. The number of markets in the game is limited and may sometimes only include the winner of the match. No live streaming or gameplay animation and limited live match data. Betting is suspended after a key event and updated odds are displayed after a few seconds. If there is no chance of a live event, customers can make an offer at a price that suits the betting budget of both parties.
Cash bets are available to Matchbook customers on selected sports and markets and the option is marked with an icon. Customers can manually place a counter bet to match the original bet and guarantee a profit or limit liability regardless of the outcome. Payout automates this process and Matchbook calculates the value. Customers can accept the offer or let the bets expire. The amount of cash depends on the amount of the original deposit and bet and the current exchange rates at the time of the claim. Pre-match bets and previous in-game bets can be settled using Matchbook.
Customers will continue to be able to transfer funds using debit cards, prepaid cards, e-wallet and bank transfer. Deposits are instant and free, while withdrawals are subject to standard delays and no fees. Some providers may charge a fee for carrying out bank transactions with bookmakers on exchanges such as Matchbook.
New Matchbook prospects visit the home page and click “JOIN MATCHBOOK”. New players fill in the required fields and specify a username and password. The bonus or promo code is optional, but will activate any welcome bonus. At the time of writing, there were none on Matchbook’s offer.
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The account registration process is complete when the customer accepts the terms and conditions and clicks the create account button. New customers are required to make a deposit, which includes the choice of method and the specification of the amount. Most deposits are accepted instantly and the account balance is updated.
New customers move in the preferred market. They click the Back or Expand button and enter the pin. Once a bet is confirmed, it can be closed, partially closed or not. Customers can choose to leave an outstanding or partially open bet on the market to be automatically closed if the desired odds are available.
Matchbook can be contacted via Live Chat, by phone or by e-mail. Staff are available Monday to Sunday from 8:00 AM to 1:00 AM GMT. Customers can also check out the comprehensive FAQ section and help center. The Matchbook site provides links to bodies that provide support for problem gamblers. Exemptions are also provided to control gambling. Matchbook is registered with the Independent Bookmakers Arbitration Service (IBAS) to resolve disputes with its customers.
Matchbook entered the UK market in 2011
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