Get £30 in Horse Racing Free Bets when you bet £30
New Customers Only. Sign up using Bonus Code: HR30. Bet and settle £30 (2x £10 Horse Racing Back Bets, 1x £10 Horse racing Multiple) on Horse Racing only, each at odds of 2.0 or more and receive 3x £10 Horse Racing Free Bets once qualified. T's and C's Apply. Be Gamble Aware. 18+.
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Editor-In-Chief with 20 years experience covering the betting angles to breaking news stories. Daily slots player, Portsmouth fan and League Snooker Player
Latest Matchbook Free Bet Offer - Full Details
This page focuses on what our expert team and users have found when using the Matchbook betting site and app; for more information on the welcome offer, check out the Matchbook bonus code.
We recommend that when signing up for any online bookmaker you don’t base your decision purely on that site’s current free bets or welcome offers, so read on for a full Matchbook user review.
Matchbook Deposit Methods and Withdrawal Info
Deposits
Matchbook covers a few payment options. Punters can use VISA, Mastercard and Maestro to deposit funds, with a £10 minimum.
Withdrawals
You access this section in exactly the same way as depositing, and the methods available are also the same. If you have a card saved – highly likely given you’d have deposited money beforehand – then you can select this account, or add another, as the destination for your funds to be transferred to.
Method | Min | Max | Processing Time | Fee |
---|---|---|---|---|
£10 | £20000 | Instant | ||
£10 | £20000 | Instant | ||
£5 | £20000 | Instant | ||
£5 | £20000 | Instant | ||
£10 | £37500 | Instant | ||
£10 | £25000 | Instant | ||
£5 | £750 | Instant |
Method | Min | Max | Processing Time | Fee |
---|---|---|---|---|
£10 | £0 | 12 hours | Free | |
£10 | £0 | 12 hours | Free | |
£10 | £0 | Instant - 24 Hours | Free | |
£10 | £0 | Instant - 24 Hours | Free |
Matchbook Key Features
- Live Stream
- Asian handicap
- Bet Builder
- Welcome / sign-up offer
- Odds Boosts
- In-play
- Cash Out
- Exchange betting
- In-game statisitcs
- Virtual sports
- Best Odds Guaranteed
- Acca Insurance
- Early pay out
- Partial Cash Out
- Free Bet Club (or similar)
- Spread betting
- Pre-match form/statisitcs
- Request a bet (or similar)
Full Matchbook Bookmaker Review
Matchbook Review Contributors
Data Collection and Research By - OLBG's Expert team See details at the bottom of the page
PROS & CONS of Matchbook Online Betting Site
The below is all explained in finer detail later in this review, but these quick pros and cons give users an instant understanding of where Matchbook’ strengths lie.
👍 PROS
📈 Marketing-leading odds
📊 Fixed odds and spread betting available
📱 Fantastic app
👎 CONS
🚲Some smaller sports are quite limited
Who Are Matchbook?
Matchbook launched in 2004, bringing its sports exchange to the UK market with a reputation for US sports in particular. The bulk of its product is based around its exchange, but you can bet more traditionally against the house for a couple of sports, also.
Established in 2004
Triplebet Ltd
UKGC licence number - 39504
First Impression of Matchbook
By Luke Bradshaw Lee - This review will reflect the service offered at the time of writing. I signed up on the desktop version of Matchbook, but also used the mobile version to compare, as well as downloading their app.
At first glance Matchbook looks like a lot of other bookies, but then you take a look at the odds that are offered and you can immediately see the difference between exchange betting and fixed odds. In terms of how the platform functions, everything looks very as you’d expect, but it’s important to remember that Matchbook gives you the option of exchange betting or fixed odds (just for racing and football).
What is Exchange Betting?
With a standard bookie you are taking a bet from the house (the bookie in question), but with exchange betting you are betting with other bettors, and use the betting exchange as a platform where two bets are brokered. You can back a bet, or lay a bet, with different prices for each. The “lay” is more like a traditional bet with a bookie, so with exchange betting (and this is simplifying it somewhat) you can place a bet, or be the bookmaker. To find out more, and digest in more detail, head to our Betting Exchange Guide.
Matchbook Live Betting
Head to the In-Play Betting tab on the menu and you’ll find all available sports to bet on live. There isn’t quite the same range of sports here as you may find at other bookies, but these are generally minor sports – there was no badminton, esports or cycling at the time of review when other bookies offered markets on them at the same time. The number of markets per event aren’t always as many but, and you’ll hear this a lot in this review, the odds are among the best possible ones going. See where they rank in our best bookmakers for in-play betting.
Matchbook Live Streaming
Matchbook doesn’t offer any live streaming at the time of this review.
Matchbook Betting Odds
The fixed odds are as good as you’ll find anywhere, and the exchange odds are even better.
Through the Matchbook Zero part of the site, you’ll get fixed odds for horse racing and football with zero margin and zero commission, and that’s not even the main draw, because you can easily switch to the exchange and get even better odds. These are literally among the best odds that you’ll get in the UK alongside other exchange betting and spread betting sites.
Matchbook Betting App or Mobile Site
The Matchbook app is excellent. It sounds obvious, but it’s the same information, just laid out more succinctly. Not many bookie apps use a tile system as a menu – it’s usually a dropdown, or hamburger menu – but it really works here. You can move between the Exchange and Zero, plus casino if you want, with the touch of a button, too. Lastly, the way you scroll left to right, and back again, to move between buy and sell markets is brilliant.
![Betting Apps | Best UK Sports Betting Apps](https://olbgimages.co.uk/image-cache?src=https://olbgimages.co.uk/storage/gallery/bookie-guides-featured-images/best-betting-apps-mockup.jpg&w=450&h=253.125&zc=1)
Betting Apps | Best UK Sports Betting Apps
Matchbook Football Betting
Matchbook nearly makes our best football betting sites in the UK but just misses out, and this is mainly down to the odds. You should know, that if betting on Matchbook Zero, you tend to only get Result markets – this isn’t a place for bet builders, weird accas and the like, this is just for simple bets and trying to squeeze as much value as possible. You’ll get all the usual selection of markets in the Exchange.
Bet Builder
There is a bet builder at Matchbook, but it’s not the best. Again, here’s where you head for value, because there aren’t a tonne of options to add into bet builders. There are around ten different markets per game, but there’s lots of player markets (fouls, tackles etc.) missing. That said, the feature itself works really smoothly.
Bonuses
This isn’t too bad, with a generous sign up offer, some seasonal promotions and plenty of reminders about getting the best price for the vast majority of markets that Matchbook offers. What’s quite nice is that by using different codes, you can choose the welcome offer that best suits you (there are three different ones at the time of review) and so mould your betting experience to your own preference. On top of that there is also the chance to win cash as free bets every day through betting on multiples.
Cash Out
Matchbook was one of the pioneers of in-play cash out, and remains one of the best bookies in the county for the popular feature. This feature is available for various sports including football, rugby, tennis, cricket, and horse racing.
Matchbook Horse Racing
Like its football output, this is the only other sport that you can use Matchbook Zero on, with zero commission on the very simplest of markets. There’s no forecast, tricast, place bets here, you just bet on the winner of a race at great odds. At the Exchange you’ll get more markets per race, with great odds. There is no official Best Odds Guaranteed, but Matchbook promise that you’ll get the best odds possible on 80% of all runners in the UK and Ireland.
See how they compare to our top 10 best betting sites for BOG.
Matchbook US Sports Betting
A full range of American sports is available. We’ll check out the major leagues, but also look into the sports further down the pyramid and, as well as around the world.
American Football Betting
Lots of UK bookies don’t list the spread despite it being the most integral market in these sports, so it’s a big feather in the Matchbook cap that that, along with the total and moneyline are the three main markets here. At first it appears that there are no player markets, which is a surprise, but actually there are plenty, it’s just that you have to use the bet builder tool. It’s worth checking out our best NFL betting sites to see how Matchbook compares.
![The Top NFL Betting Sites 2024](https://olbgimages.co.uk/image-cache?src=https://olbgimages.co.uk/storage/gallery/bookie-guides-featured-images/nfl-betting-sites.jpg&w=450&h=253.125&zc=1)
The Top NFL Betting Sites 2024
Basketball Betting
The big downside to betting on basketball at Matchbook is that it is just the NBA that is offered. Most bookies who offer basketball have leagues all over the globe, on top of the NBA, but that’s not the case here and there isn’t even college basketball, either. The market depth is fine, but nothing to write home about. See how it compares to the best basketball betting sites according to OLBG.
Baseball Betting
Like basketball, there are no international leagues – I’m thinking mainly of Japan and South Korea in this regard – with a pure focus on Major League Baseball. There are result, spread and run line markets, plus some home run, hit and strikeout markets, also. See if it makes it into our top baseball betting sites in the country.
Ice Hockey Betting
It’s rinse and repeat for ice hockey as it is with the other US sports, with a small, dedicated focus on the NHL, but nothing from anywhere else around the world. Generally, most other sportsbooks list a good many other leagues around the world, but that's not the case here. The number of markets per game is fine, but it’s not incredible.
Matchbook Greyhound Betting
Matchbook has a great greyhound section, with all UK and Irish meets listed, plus those running further afield, including Australia. This gives punters plenty of options and, as mentioned, you can live stream a lot of these races, even the Australian ones. The downside is that there is no Best Odds Guaranteed, which stops it making our best greyhound betting sites, but when your odds are so good already, how much of an issue is that?
Matchbook Darts Betting
By Matt Edgar, professional darts player – Compared to the very best darts betting sites in the country, Matchbook has some strengths and weaknesses. The number of markets for some upcoming Premier League matches is decent, but it’s the odds that are the real draw, of course. It would be remiss not to mention the fact that only the bigger competitions are listed here, with just the Premier League matches here, and no upcoming Modus Series fixtures.
![The Top Darts Betting Sites 2024](https://olbgimages.co.uk/image-cache?src=https://olbgimages.co.uk/storage/gallery/bookie-guides-featured-images/darts-beting-sites-featured-image.jpg&w=450&h=253.125&zc=1)
The Top Darts Betting Sites 2024
Matchbook Snooker Betting
There is no snooker betting currently at the time of review.
Matchbook Rugby Betting (Union & League)
By Luke Bradshaw Lee - This doesn’t make it into OLBG’s best Rugby betting sites as one of the go-to options because there just aren't enough competitions or markets covered. You’ll obviously get amazing value on the best that you do make, but you limited by what bets you can make in the first place.
Event Coverage (0-5) | Markets (0-5) | Odds (0-5) | In-Play (0-5) | Live Streaming (0 or 2) | Stats (0-5) | Promotions (0-5) | Total | OLBG User Rating | |
---|---|---|---|---|---|---|---|---|---|
Betfair | 5 | 5 | 4 | 4 | 2 | 4 | 4 | 28 | 4.1 |
Unibet | 5 | 4 | 5 | 4 | 2 | 4 | 2 | 26 | 4.1 |
bet365 | 4 | 5 | 4 | 4 | 2 | 3 | 4 | 26 | 4.4 |
Betway | 4 | 4 | 4 | 4 | 0 | 4 | 5 | 25 | 4 |
Parimatch | 4 | 4 | 4 | 4 | 0 | 4 | 5 | 25 | 4.2 |
SKYBET | 4 | 5 | 4 | 3 | 2 | 3 | 4 | 25 | 4 |
SBK | 4 | 4 | 5 | 4 | 0 | 4 | 3 | 24 | 4 |
Sporting Index | 5 | 4 | 4 | 5 | 0 | 5 | 1 | 24 | 4.1 |
Spreadex | 5 | 4 | 4 | 4 | 0 | 3 | 4 | 24 | 3.9 |
Grosvenor Sports | 4 | 5 | 3 | 4 | 0 | 5 | 2 | 23 | 3.9 |
Paddy Power | 4 | 4 | 3 | 4 | 0 | 3 | 4 | 22 | 4.1 |
Bet Victor | 4 | 5 | 3 | 4 | 0 | 4 | 2 | 22 | 4.3 |
Betfred | 3 | 4 | 3 | 3 | 2 | 2 | 5 | 22 | 4 |
Kwiff | 3 | 3 | 3 | 4 | 0 | 4 | 5 | 22 | 4.3 |
TalkSportBet | 4 | 4 | 3 | 3 | 0 | 4 | 4 | 22 | 4.3 |
Coral | 4 | 2 | 3 | 2 | 2 | 3 | 5 | 21 | 3.7 |
10Bet | 3 | 3 | 3 | 4 | 0 | 4 | 4 | 21 | 3.7 |
BetUK | 3 | 4 | 5 | 2 | 2 | 0 | 4 | 20 | 4 |
Sporting Bet | 3 | 4 | 4 | 2 | 0 | 5 | 2 | 20 | |
Smarkets | 4 | 5 | 4 | 4 | 0 | 3 | 0 | 20 | |
Tonybet | 4 | 4 | 3 | 4 | 0 | 3 | 2 | 20 | |
32Red | 4 | 3 | 3 | 3 | 0 | 5 | 2 | 20 | |
Boyle Sports | 4 | 4 | 5 | 3 | 0 | 0 | 3 | 19 | 3.8 |
Leo Vegas | 4 | 2 | 4 | 3 | 0 | 4 | 2 | 19 | |
Netbet | 4 | 4 | 3 | 4 | 0 | 2 | 2 | 19 | |
Quinnbet | 4 | 4 | 3 | 4 | 0 | 2 | 2 | 19 | |
Betzone | 4 | 4 | 2 | 3 | 0 | 3 | 3 | 19 | |
888Sport | 3 | 4 | 4 | 2 | 2 | 3 | 0 | 18 | |
Star Sports | 4 | 4 | 3 | 3 | 0 | 2 | 2 | 18 | |
Bwin | 3 | 4 | 3 | 2 | 0 | 2 | 3 | 17 | |
Bet Target | 5 | 4 | 3 | 3 | 0 | 0 | 2 | 17 | |
Betiton | 3 | 5 | 3 | 3 | 2 | 0 | 0 | 16 | |
Luckster Sports | 4 | 3 | 3 | 3 | 0 | 0 | 3 | 16 | |
Midnite | 4 | 2 | 3 | 3 | 0 | 3 | 1 | 16 | |
All British Sports | 4 | 3 | 3 | 3 | 0 | 0 | 3 | 16 | |
DAZNBet | 4 | 2 | 3 | 3 | 0 | 3 | 1 | 16 | |
BzeeBet | 4 | 3 | 3 | 3 | 0 | 0 | 3 | 16 | |
Virgin Bet | 5 | 4 | 3 | 2 | 0 | 0 | 1 | 15 | |
Casumo | 4 | 4 | 3 | 3 | 0 | 0 | 1 | 15 | |
LiveScoreBet | 4 | 3 | 3 | 2 | 0 | 0 | 3 | 15 | |
Rhinobet | 2 | 4 | 3 | 2 | 0 | 0 | 4 | 15 | |
The Pools | 4 | 4 | 4 | 2 | 0 | 0 | 0 | 14 | |
Mr Play | 4 | 3 | 3 | 2 | 0 | 0 | 2 | 14 | |
Luckland Sports | 3 | 4 | 3 | 2 | 0 | 0 | 2 | 14 | |
Lottoland | 5 | 3 | 3 | 2 | 0 | 0 | 1 | 14 | |
Jeff Bet | 4 | 4 | 2 | 2 | 0 | 0 | 2 | 14 | |
Betdaq | 3 | 3 | 3 | 2 | 0 | 1 | 1 | 13 | |
HIGHBET | 4 | 3 | 3 | 2 | 0 | 0 | 1 | 13 | |
Matchbook | 1 | 3 | 4 | 2 | 0 | 1 | 1 | 12 | |
Fitzdares | 3 | 3 | 3 | 2 | 0 | 0 | 1 | 12 | |
BetGoodwin | 2 | 3 | 3 | 2 | 0 | 0 | 2 | 12 | |
BritainBet | 2 | 2 | 3 | 2 | 0 | 0 | 3 | 12 | |
FAFABet | 2 | 3 | 3 | 2 | 0 | 0 | 2 | 12 | |
YetiBet | 3 | 4 | 3 | 1 | 0 | 0 | 1 | 12 | |
Pub Sports | 4 | 3 | 3 | 1 | 0 | 0 | 0 | 11 | |
Fun Sports | 4 | 3 | 3 | 1 | 0 | 0 | 0 | 11 | |
Vbet | 2 | 2 | 3 | 2 | 0 | 1 | 0 | 10 | |
The Online Casino | 1 | 2 | 3 | 1 | 0 | 0 | 3 | 10 | |
Hollywood Bets | 4 | 1 | 3 | 1 | 0 | 0 | 1 | 10 | |
Q88Bet | 2 | 3 | 3 | 1 | 0 | 0 | 1 | 10 | |
Betmorph | 2 | 3 | 2 | 1 | 0 | 0 | 1 | 9 | |
Tote | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Fanteam | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
BetStorm | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
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Matchbook Cricket Betting
By James Banting - At the time I reviewed Matchbook’s tennis section there was a nice amount of competitions featured, probably more than other sports with this bookie. There are some Twenty20, IPL and international ODIs, all with great odds but a select few markets. The other downside is that there are no futures on upcoming competitions so I can’t bet any outright markets ahead of time.
Matchbook Tennis Betting
By James Banting - Unlike a lot of sports here, Matchbook’s tennis section features plenty of competitions, with minor matches from around the ATP and WTA tours. This is a fantastic place to come for in-play betting, because the speed and momentum shifts that you get in tennis, factored in with two types of bets per market, make swings huge, plus brilliant windows of value can pop up if you’re keeping your eye on the action. See if they make it into the top 10 tennis betting sites on OLBG.
Matchbook Golf Betting
By James Banting - There are no outrights here on anything that’s not in the next few days (as is generally the case at Matchbook), so you can’t place any bets on any of the majors at the moment. That means currently there are just two tournaments listed (both being played this weekend). For each tournament there are markets on the winner, top five finish and top 10 finish, but that’s where your betting options stop.
That said, there is a golf-specific promotion where you’ll get your money back as a free bet if your pick leads at the end of any round but fails to go and win.
Matchbook Motorsports Betting
There is no motorsport betting currently at the time of review.
Matchbook Boxing Betting
There is no boxing betting currently at the time of review.
Matchbook Other Sports Betting
Political Betting
By Nigel Skinner - The politics betting at Matchbook is split into US and UK politics, but there’s nothing from any other country. That said, the markets offered within that are pretty good, with nine markets for the next General Election, plus odds on the next Conservative and Labour leaders. It’s pretty good overall, so check if it makes it into our best political betting sites.
![Top 10 Political Betting Websites in the UK](https://olbgimages.co.uk/image-cache?src=https://olbgimages.co.uk/storage/gallery/bookie-guides-featured-images/political-betting-sites.jpg&w=450&h=253.125&zc=1)
Top 10 Political Betting Websites in the UK
Entertainment and Specials Betting
There is no entertainment betting currently at the time of review.
Esports Betting
There is no esports betting currently at the time of review.
Virtual Sports
Matchbook offers some great virtual sports games here. There’s nearly 10 different football virtual games, plus multiple racing games (including horse racing, greyhounds and motorsports). In addition to those you’ll find a separate NASCAR game, golf and EuroLeague basketball.
Casino
Matchbook offers casino and live casino. Both are easily accessible from the main menu at the top of the screen.
Matchbook Account Opening Process
A reassuringly easy process. At the top-right of the screen Matchbook has their “Join” button. Bettors just need to select this and follow the simple steps as guided through. You’ll be asked for the usual information – name, date of birth, address etc – and once complete be sent a verification email. Clicking this from your inbox will redirect you to the site, and then you’re free to get betting.
Navigation and user experience [desktop v mobile]
I mentioned earlier that Matchbook has a great app and the more I used Matchbook, the more I loved the app. If you’ve never done exchange betting before things can be a bit daunting, and obviously the ability to flick between this and fixed odds isn’t something that you can do on most other sportsbooks’ sites or apps. Matchbook does an excellent job of making what is a great deal of detail easily digestible, and I think it works even better on the app. The styling and graphics are definitely dated, but you could argue that it fits in the business-like tone of Matchbook. Either way, from a product point of view, it’s exceptional.
Placing a bet
This section should only really highlight if there are issues, as the process is almost identical on every site. Within a few minutes of signing up to Matchbook I placed a couple of bets on different sports, one of which took advantage of the welcome offer, and I used their bet builder feature, which worked well.
Managing your account
As mentioned above, the design really helps this along. On the desktop version, it’s stuff to the left of the screen. On the app, it’s all at the bottom, with just the login at the top. I haven’t experienced any issues logging in, or finding customer service options, either. Overall, it feels like Matchbook has got this part nailed.
Matchbook Responsible Gambling Features
As with all online betting companies, responsible gambling should be and will be an essential element of the service provided.
Expect KYC procedures and document supply as a matter-of-course, to confirm your account after you have deposited a certain level of funds and in the event of any large wins.
You can set limits for yourself across depositing options and daily staking options too, so you can set your levels and keep control of your gambling.
Expect Matchbook to contact you via your preferred communication method if there are suspicious activities on your account. This protects your account from being accessed by someone other than you and ensures you control your gambling activity. Matchbook have a legal obligation to question your activity if they believe it to be suspicious.
As part of Matchbook's commitment to safer gambling, they aim to make zero revenue from harmful gambling by the end of 2023.
Bookie’ Review Expert Contributing Team
Opinion, research and data collection for this Matchbook review by
Darren Brett (Greyhounds expert)
James Banting (Horse Racing, Golf and Tennis)
Nigel Skinner (Football and Politics),
Matt Edgar (Darts)
Frank Monkhouse (Boxing)
Andrew Powell (Horse Racing, Ice Hockey and Motor Sports)
Jake Ashton (Entertainment and Specials)
Fact Checked - Sam Darkens - Commercial Manager
Written by - Luke Bradshaw Lee - Commercial Content Manager
Edited and Published - Steve Madgwick - Editor-In-Chief
Matchbook Review Summary
It’s important to put things into context, because Matchbook is an absolutely fantastic betting option, but for a specific type of bettor.
If you like placing a few bets here and there, doing lots of multiples, finding niche markets, betting on motorsports or other less bet sports, or any of the above, then this isn’t for you. Even if Matchbook offers markets on the sport that you like betting on, they may not have the markets you want, and so it’s better to take your business elsewhere.
If however, you want to zero in on some main markets, and excrete as much value as possible, from some simple, specific bets, then exchange betting and Matchbook should absolutely be a consideration. It’s important to stress that these will be some of the best odds that you will get, anywhere. And for a lot of bettors, that’s all that matters.
Matchbook Mobile Offering | ||
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Rated: 2.00 / 5 | ||
Rated: 4.80 / 5 | ||
Rating not available |
Get £30 in Horse Racing Free Bets when you bet £30
New Customers Only. Sign up using Bonus Code: HR30. Bet and settle £30 (2x £10 Horse Racing Back Bets, 1x £10 Horse racing Multiple) on Horse Racing only, each at odds of 2.0 or more and receive 3x £10 Horse Racing Free Bets once qualified. T's and C's Apply. Be Gamble Aware. 18+.
#ad. 18+, gambleaware.org, T&Cs Apply
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Matchbook Info & Bookmakers Reviews
Check What Others Say About Matchbook and Write Your Own Review
- Ratings: 50
- Reviews: 35
“Sure bettor? You must use Matchbook”
This newest exchange has overtaken Betfair in the back-lay sure bets markets. True, it does not cover all the sports yet, it offers less varied market selections and charges commission even on losing bets. But, at 1% it is still very competitive rate compared to 5% of betfair and other echanges. It offers much bigger liquidity from the start of the market opening. Additionally, it does offer very good prices for Lay markets that allow for decent 3-5% sure bet profits. Day in day out. If you are used to the betfair interface you will find it a bit tricky at the beginning to use Matchbook but eventually you will find it works just fine. There are a few annoying quirks but they are being chiseled out and from week to week it becomes an ever more important tool in a serious gambler's portfolio. It is still a new player on the market but I highly recommend using it as much as possible for bigger profits
“Peer to Peer betting”
Matchbook is one of a few Peer to Peer betting platforms , they have been around for a while and Matchbook has gained a reliable reputation. They offer the chance for small to medium bets to be placed , good turnaround times and Customer Services are there should you need them. If you like this type of betting, Matchbook is worth visiting. They often have good New Customer welcome bonuses (always worth reading the Terms and Conditions for that Welcome bonus offer).
“Check the odds daily you will be impressed”
So was looking one day at horse racing odds and was shocked by the excellent prices on matchbook. Take a look you will be pleasantly surprised that your selection is such a big price (in many cases). Because they are competing with betfair we can make more money from their prices. I was impressed. I hope they continue having stand out odds.
“Good addition to the Exchange Portfolio”
I find Matchbook an extremely useful Exchange Betting Account to hold. The prime benefit is the market leading commission rate of 1%. Beware that commission is taken out whether your bets win or lose - and that can take a little getting used to - especially if you are betting to large stakes when your losing bet can have further losses that you need to factor in to your accounts. However, once you get used to this, it is easy enough to quickly adjust your bets accordingly. Again, for those making significant bets, the difference between paying 1% and 5% commission is huge - so the potential benefit of using Matchbook should be considered. What then of reliability, look and feel and liquidity? I have found some slow response times when connecting via a laptop through Internet Explorer maybe Chrome or other browsers are better? However, I have never encountered a problem via the Matchbook Mobile App. I find the look and feel and ease of use of the Matchbook Site to be very good and I haven't yet encountered any reliability issues. It seems as least as robust as the competition. I am principally interested in liquidity for the major markets for Premiership and International Football matches WDW. The liquidity here is excellent. However this is not so good for the Correct Score Markets. For those that bet on Tennis and American Sports, again the offering is very good and there are often reductions on the already very low commission rates. The other principal sport on which I bet is Horse Racing. Unfortunately, Matchbook does not currently offer markets here, although I have read that they plan to introduce this in time for Cheltenham 2015. All in all then, I would recommend everyone to open a Matchbook Account. There is a fairly modest opening offer - but the benefits are principally longer term with the low commission. On the key markets in which they operate, they have the edge over the other Exchanges and they are a useful addition to the Punters Armoury.
1 user found this helpful“An Improving Exchange”
For those unfamiliar with how a betting Exchange works, Matchbook provide a platform for customers to bet against each other rather than a traditional bookmaker where you are betting 'against the shop' Therefore they actively encourage winning bettors and even have an insights section with loads of educational articles on how to become a bettor gambler! They now have Horse Racing too which seems to have taken over as their most popular offering as well as Soccer, Tennis, US Sports etc. Their soccer markets have improved massively over the last few years with live offerings on a huge selection of leagues on top of lots of additional handicap/total markets. In terms of pricing, I have followed them on odds comparison sites and they frequently tend to be best priced, shopping around is definitely worth it as we all know. The sign up offer they have in place is pretty useful too, essentially commission free bets for the first 5 weeks which all adds up! Even after the 5 weeks their commission structure is about 1% which is a lot less than the likes of Betfair and Betdaq. Slowly but surely they seem to have become the main rival to Betfair and with Betfair having taken their foot off the gas with their Sportsbook I can see Matchbook going from strength to strength!
1 user found this helpful“A Potential Rival To Betfair's Exchange Monopoly”
I recently took up Matchbook's offer of a £50 Risk Free Bet, and was pleasantly surprised by my experience. I'm a frequent Betfair user and have looked at other exchange firms in the past, finding their markets holding little liquidity or having a shocking book percentage. If I'm honest, I was expecting something similar with Matchbook but it was quite the opposite. The market I chose to bet in was the Handicap market of an NBA game. Washington Wizards were +1.5pts to beat Cleveland Cavaliers, and Matchbook's Back price was 1.952 with £1,291 available. I compared that to Betfair's Back price, which was 1.92 with only £15 available. Matchbook's commission is only 1%, again bettering the opening commission of Betfair's 5% and as 10/11 was the best price available with the bookmakers, Matchbook were standout best here. I wasn't able to place the full £50 on this selection, as you have to leave enough in your account to cover the commission if the bet loses. That may sound complicated to less-experienced exchange players, but the system is very good and tells you the exact figure you can use without going over your available balance. The commission rate on losing bets is also only 1% and will workout more profitable over time, assuming you do actually back the occasional winner! The lay market for the same game was a similar story, with £5,719 queuing up at 1.981 and only £174 at 2.02 on Betfair. The only real negative I found with Matchbook, was their lack of markets for events in comparison to Betfair. Overall, I've found Matchbook to be very competitively priced in the markets they do bet on, and as it's low commission and there's high liquidity essential for big punters, they're definitely a firm I will continue to bet with and highly recommend.
“Safe environment for betting”
The first time I remember seeing the name Matchbook was on Asianconnect's page. Because this brokerage firm offers only good to very good options to place bets, I consider that a plus for Matchbook. The fact that I was required to verify my identity through documents before making a deposit made a good impression for me, and is something I remember seeing only at Pinnacle. The majority of companies don't have the decency to ask for verification before you deposit funds. They do it only upon a withdrawal. Customer support seemed nice, and the verification e-mail with the approval was sent within ten minute after sending my scanned copies. The fact that they have their own "gravity" or personality with the lowest commission in the industry is great. They should strive to get more exposure through publicity though, because that would add more liquidity for all Matchbook customers. For example, why not make a promotion for new players that will give them ten or more days with 0% commission to try the exchange. Ten or more days to use the exchange with 0% commission and then get the lowest commission in the industry sounds more attractive than just the last part. The word would spread out among users from other exchanges and a lot of people would try it I think and remain to add more liquidity. The main problem with Matchbook is that there are only the mainstream markets to use. I couldn't find Italian Second Division for example. So they should really try to add more markets in the future. I like Matchbook overall, and I think it's a safe environment to be betting on sports, which for me is the number one requirement. For example, when they exited the US market some years ago, they made sure to pay the balances for all US customers. I would rate Matchbook 3.5 stars, but 3.5 is not allowed here so I will stay at 3 stars to try and remain objective. As a comparison, I would rate 5 stars only Sbobet and Pinnacle.
“Not the finished article but promising”
I was a bit sceptical at first but they seem to be quite promising. They have a smooth website, which is quite easy to find your way around particularly if you are used to Betfair. Most of the major markets have a fair amount of liquidity too, which I was actually quite surprised about, although some of their minor markets are shallow and others are very slow to form. Their selection of markets is OK, although they are missing some standard markets, i.e. their range of rugby union bets is limited. They also do not currently offer horse racing, which will be a big negative for many punters. The 1% commission is a good bonus though and I shall be checking their odds before I place any bets on the exchanges from now on. Settlement so far has been almost instantaneous, but I can’t speak for their withdrawals, although they do seem to insist on the ID checks that are commonly annoying among certain bookies. They do not seem to be the finished article yet given the lack of some key markets and overall liquidity, but anything that challenges Betfair’s monopoly of the exchanges is good in my opinion. So as more people start to use Matchbook hopefully the liquidity will grow and the range of markets will expand. I’ll be keeping a close eye on them now and in the future.
“Not Quite Betfair”
I tried Matchbook last year as I was keen to see if there were suitable alternatives to the Betfair Exchange and I like some of their social media content. I tired, but failed. Whilst their App is seamless and they offer the right markets, there simply isn't the liquidity or structure in place to make it a viable option for serious punters
“Matchbook”
I'm not a regular user on the exchanges but with an attractive opening offer on enhanced odds I gave it a go. Site seems OK in general but I don't like the high minimum that needs to be used as a deposit 18.87 I believe and also found the number of markets limited to only a handful of the top games within the football section. The beauty of Betfair for me is that as well as the exchange I can also place an accumulator should I want to, which as far as I can see isn't possible here. With all that in mind, in its current state I won't look to use Matchbook going forward.
“Overated & Poor”
In my experience this is an over rated website and boookie. I have never enjoyed using them and have not been impressed by the odds offered generally.
There are no reviews with 1 star yet.
Matchbook User Guide
Current Matchbook Promotions
Matchbook 2 % Net Win
Matchbook are now offering an industry low commission rate of 2% on your net profit.
If you make a net loss, you will not pay any commission.
Net Win Commission is calculated as follows
- Place a £ 100 Bet and win at odds of 2.0.
- Profit = £100
- £100 x 2% = £2.00 in commission
- You win £98.00
This offer was introduced in August 2019.
FAQ
Matchbook FAQs
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Can you cash out on Matchbook?
Matchbook does have cash-out feature. Matchbook calculates the cash-out figure by considering the amount of liquidity in the market at the current price available and makes you an offer that you can accept by clicking the cash out button. Cash out is also available on the IOS and Android apps for full flexibility.
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What is Matchbook Commission?
Matchbook commission is a small % charge applied to your winnings when landing a successful bet. This can change, so check out the betting exchange comparison guide for the current figure.
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How does Matchbook Work?
Matchbook is a betting exchange firstly and foremostly. Therefore they are somewhat different from a traditional online bookmaker - If you have yet to play on a betting exchange I would advise taking a look at our Exchange guide first and selecting the best betting exchange from there.
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Is there enough liquidity on Matchbook?
On bigger sports there doesn't seem to be an issue, especially in the 30 minutes before the events start. Smaller sports are still building.
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Do I need a separate account for the Matchbook Casino?
No, the one account covers all your activity on Matchbook.
You can back and lay and spin the roulette wheel from the same Matchbook log in.
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What is Back to Lay on Matchbook?
You decide that you want to back (bet for) Liverpool to win the EPL at the start of the season. Liverpool are 14.0 on Matchbook.
You think that Liverpool offer good value and put £10 on Jurgen Klopp's team
They get off to a flyer winning their opening 3 games easily, the price for Liverpool to win the EPL has now reduced to 9.0.
You can now lay (bet against) Liverpool at 9.0 and have a Matchbook free bet on Liverpool.
You can lay £10 on Liverpool and will only pay out £90 if they win the EPL but remembering that you stand to win £140 if they do win the EPL.
You have a Matchbook free bet and cannot lose any money.
If Liverpool continue doing well you can lay them again to guarantee yourself a profit – win or lose.
Just divide the total amount you will win by the new lay price to calculate your lay stake.
With a matchbook new account you can back/lay/trade to maximise your returns.