Matchbook Review 2020
Matchbook is a site that allows members to bet on the outcome of major sporting events, but it’s not a traditional sportsbook. Why? Well, at Matchbook they do things a little differently as they are a betting exchange, dealing in peer-to-peer trades.
In the following review of the Matchbook site we describe the website and app in a bit more detail and look at all other important sections of the business, such as promotions, customer service, secure banking and more. Our dedicated team of sports betting experts even walk you through the sign-up process, ensuring it’s as quick and smooth as possible.
As Matchbook aren’t your typical sportsbook site, they don’t feel the need to try to compete with bookmakers in the welcome bonus war that rages on in the industry. Matchbook don’t employ traders and don’t generate profit from losing bets. Instead, it is a platform that allows you to place and accept bets against other gamblers. You can create the odds and play the part of the trader or you can gamble on selections priced up by other members.
To understand how the Matchbook site works you need to understand how they make a profit. Matchbook charge commission on bets made through their site. Therefore, they love winning and profitable punters as it leads to a bigger return for them. There aren’t too many other betting exchanges on the market – nowhere near as many sportsbooks – so the way Matchbook attract new customers is by offering a lower commission than their rivals.
In the past they have charged just 2% commission on winning bets, no commission on losing bets and even zero commission on certain sports, such as horse racing. The marketing team update their welcome offer and promotions page regularly. This ensures the business remains competitive, in line with the sporting schedule and attractive to customers. The best way to get an up-to-date check on Matchbook’s current welcome deal and ongoing bonuses is to sign up and check the promotions page. There you will find all the information you need.
Here’s how to sign up in the quickest possible time…
- Click any link to Matchbook on this page
- Hit the JOIN MATCHBOOK button at the top of the homepage
- Fill in the registration form, providing name, age, and address
- Make a deposit and make a trade
There is every type of sports betting market you could hope to find at Matchbook and if there isn’t a market there you want to bet on, you can request it or even create your own. As there is no trading team, players aren’t restricted to betting on markets created by the house. You can browse the markets priced up by other bettors or, if you believe you’ve spotted a gap in the market, you can create your own betting with prices and accept bets form others. All the top sports are covered day-to-day, including horse racing, football, and tennis.
Matchbook betting odds
The great thing about betting on an exchange like Matchbook is the prices are often better than you’d get at a sportsbook bookmaker. The reason for that is no margin is kept by the traders, so the odds on an exchange are seen as the true odds of a fixture. How a sportsbook works is the traders keep a percentage of all bets, regardless of the outcome. T
that’s why the coin toss odds in a cricket match are 10/11 heads – 10/11 tails. That’s not the case with exchange betting. It’s you against another member, winner takes all. That’s why exchange betting is loved by professional bettors and those on the lookout for value. Compare your potential winnings from a football bet made at Matchbook prices and one at a leading sportsbook and you’ll see you’re better off on the exchange.
Matchbook streaming and live betting
Matchbook don’t offer customers a live streaming feature and that came as a bit of a surprise to us, but it’s something members get over quickly enough. They do have a busy live play section. Also known as in-play betting, most sports offer live betting which allows bettors to gamble throughout the contest. Most of the original markets remain active, with odds updated to match the game. One thing you can do at Matchbook but can’t with bookies is bet live on horse racing. This is exciting and really must be seen to be enjoyed. Back your pick at a nice price as it sprints from last to first.
The Matchbook mobile app allows you to react to the markets and bet when you’re ready. It can be downloaded to an iOS or android device in just a few clicks from the App Store or the Matchbook mobile site. The app is easy to use, with homepage quick links to popular markets. All you need is a reliable Wi-Fi connection and you can bet from anywhere in the UK.
Matchbook may not offer quite as many payment methods as some of their competitors but what they do have is safe to use, protected by the latest online security measures. Deposits are instant, allowing you to add funds and bet without delay. Withdrawal times vary, depending on your chosen method. Below are the available payment options…
- Debit Card
Matchbook customer services
If you encounter problems when using the Matchbook service or have a question on the finer details of exchange betting, you can contact the customer service team using any of the methods detailed below. They are fast to act and friendly.
- Live chat
The live chat rates as the quickest way to get your point across. Simply type your message into the conversation box and a member of staff will reply via the same method as soon as possible.