In this article, you will guide you into the Matchbook offers for betting exchange, fixed odds and casino.
At a glance, here are current offers:
Matchbook Product Bonus & Offers for 2018 Matchbook Bonus Code Sports Exchange 0% commission fee CASHMATCH Horse Racing 1.5% Net Win CASHMATCH Casino/Slots/Live Casino 100% up to £100 + 100 Free Spins CASHMATCH Loyalty Bonus Earn 5 Matchpoint Points and get £5 in cash No Bonus code required Expired Offers & Bonus Codes Cheltenham Promo +10% Winnings on EVERY Race Bonus Details Sports Betting £500 in free bets & cashback Bonus Details
Matchbook is an online sports betting and exchange platform. Although not as old as others, their launch in 2005 has marked a 12-year of mostly successful history in the gambling biz. The website biggest claim is that they offer the lowest commissions available in gambling. The platform was a part of WSEX, which initially failed and was sold in 2011 in Matchbook. The exact ownership circumstances and how this came to be is not widely known to the public and the company is secretive about the whole thing.
Matchbook platform is licensed by the Alderney Gambling Control Commission (AGCC) and UK Gambling Commission.
When you first visit the website, you’ll find a fairly good range of markets including European sports like soccer, horse, racing, and golf as well as American sports like Basketball, Rugby, Cricket. Ice Hockey and martial arts like boxing. Other markets like politics (polls, referendums and elections) are also featured on the website.
The platform reminds in many ways the well-known Betfair site and is considered to be a good alternative by many betting experts. One of their key differences though is that Matchbook has much lower rates compared to Betfair and Ladbrokes exchange.
The platform is no longer open to the U.S, French, Spanish, Belgium, Italian and Canadian market.
Current welcome bonuses
£50 cash back for new clients and free commission rates in horse racing
New clients that register with the MATCHCASH bonus code can get £50 cash back in their first 5 weeks with matchbook points. You can also enjoy betting commission free in horse racing until may 31st. Additionally:
- The offer applies to stakes-placed between Sunday midnight and Wednesday 23:59 BST. So that is 6 days a week excluding Friday.
- Bets can be submitted in any odds.
- Bets made on Horse Ante categories do not qualify for this offer
- Offer is limited to only one user account. Any double use account will not qualify for this bonus.
- The offer cannot be combined with any other offer
£30 bonus as welcome for signing up
Although Matchbook is not renowned for its good range of bonuses, new clients in sports can get a £30 bonus after making a deposit. This would be £15 as a back bet and another £15 as a lay bet.
The following T&Cs also apply:
- Clients must register and make a deposit via a credit/debit card. Those with Skrill or e-wallet accounts do not qualify for this bonus
- The two bets (the back bet and the lay bet) must be coming from two separate sport markets
- Bonus amounts can take up to 48 hours to be added to your account
- You must wager the funds 5x before you can make a withdrawal.
- Matchbook charged a 1% commission rate per user bet.
- Since Dec. 2914, UK and Irish players are charged 1.5%.
Although the bonus isn’t very generous you can try this to gain an idea of using the two bets.
Other extra bonuses
There are no extra bonuses currently for new or existing players. The site operated under a very low commission rate level so that explains the lack of other special offers. Make sure you currently check the matchbook website for any new deals and offers. If you register, any special offers will come in your inbox. Also, keep in mind that offers are only valid for certain periods of time so make sure you utilise them while you can.
Although matchbook doesn’t have a wide range of payment methods, all major payments methods globally are used:
- Paysafe card
Funding options are typically processed instantly or within 24 hours. Bank transfers though may take anywhere from 2-5 days. E-wallets can take typically up 48 hours (working days) to be processed.
If you have a query or concern about funding or any other request, you can reach their team via live chat or e-mail from 9 a.m to 3 p.m. Unfortunately no 24/7 support is available. However, you can check out their extensive FAQs to answer your question prior you contact customer support.
The site, unfortunately, doesn’t have a cashier and in some online sports, they may charge withdrawal fees. In case players don’t stake the funds in their account within a reasonable time, the site may charge extra withdrawal fees. We are not aware of the exact fees for now.
On the plus side, the website now accepts more than three major currencies including GBP, USD, EUR, AUD, and HKD. Currency conversions will apply once making withdrawals.
Our final verdict
Matchbook’s low commission rates are probably their biggest asset as they really honour their claim. Plus, they claim that they do not put unreasonable limitations in profitable accounts and so far that is honest for the most part too.
The website is quite easy to navigate and there is not too much clutter with pops up and promo ads compared to others. Once you visit the website, you can easily browse through the sections and find what you want in just a few seconds or minutes. Their no-fluff and hassle-free design and layout are among their biggest pros.
In terms of wagering limits, the website, like the rest of its kind does not put any wagering limits in stakes. Since no player plays against the house, clients can wager as much as they like without restrictions.
It’s also easy to get your bet matched when you are a small gambler. However, bigger gamblers might face some issues with that 4-5 figures. The bet matching also varies according to the market you pick. In traditional European sports markets like soccer and horse racing, the odds of your bets matched are raised. In smaller and North American markets e.g rugby and basketball the odds of matching bets tend to be lower.
Their only major drawback that puts them a bit behind their main competitor, Betfair, is their liquidity problems. Another minor drawback is their lack of 24/7 support and clients many times complain that they don’t get a timely response.