Matchbook is a betting exchange bookmaker, like Betfair. In the betting exchange industry, Betfair dominates the market, but Matchbook has other advantages that play up its good reputation.
- £50 CashBack Exchange Bonus
- Quality of the mobile App
- Lower commission (1%) compared to Betfair
- No free bet
Review of the bookmaker
Matchbook has been around since 2004, which makes it one of the longest standing betting exchanges. Since 2011 it is owned and operated by Triple bet and has greatly improved the quality of its service. They are licensed and regulated by the Alderney Gambling Control Commission in the Channel Islands.
Compared with Betfair, Matchbook has many advantages:
- As of January 31st, the bookmaker offers a welcome bonus to new customers entitling them to a Free £10 Bet upon registration, with all users receiving £10 cash refund if their first qualifying bet loses. In order for this offer to be valid, the bet must be placed within 7 days of signing up and the refund applied to your account will be processed within 72 hours. Players must note that the offer is valid for Visa and Mastercard deposits only. Those who are depositing through Skrill, Neteller, and Paysafe Card are excluded from this promotion.
- Because is a direct competitor to Betfair, Matchbook and has a significantly lower commission on all sports.
- Matchbook doesn’t charge winning punters a premium and has low minimum stakes
- At Matchbook, it is no longer an issue on football and tennis with liquidity
For those who used traditional bookies, Matchbook has a betting system that is more complicated and need time to understand the rules. Players can assume the role of both punters and the house, by backing or laying teams and athletes.
On Matchbook, you can bet almost everything. NRL, AFL, MLB, NBA, NHL, rugby union, basketball, soccer, tennis and also MMA, golf, boxing, and politics are offered. It is easier to find someone willing to bet against you if you focus on long-term events.
Such bets were always more interesting than the classic ones, where the bookmakers lay odds.
Compared to Betfair, which charges a flat 5% commission on winnings and lease losses untouched, Matchbook acts differently. One percent is charged on profits and the same amount of your stake if you lose. You must be very careful on every bet, because here, at Matchbook, you can lose money, if your bet goes wrong.
Deposit and Withdrawal options
You can deposit money into your account using the next methods: Credit card, Bank wire, Interbook (allows you to transfer funds between Matchbook and Pinnacle Sports or BetCris), Skrill (which supports Poli) and Neteller.
Withdrawal option: Interbook, Bank wire, Skrill, Neteller.
Bank wire deposits below $7,500 will incur fees. Matchbook will absorb fees for bank wire deposits over $7,500. No fees are charged for a credit card, Skrill, Neteller.
Betting exchanges have the tendency of not offering a welcome bonus, except with our sign-up bonus code. They promise better odds, and this is a good way to earn money but in time. Good odds meaning more earnings.
Matchbook offer now £50 CashBack Exchange Bonus with the CASHMATCH bonus code. Offer applies only to bets placed within five weeks from the date that you place your first bet on the Matchbook Exchange.
Besides the introductory bonuses, the betting exchange also brags about offering a lower commission. This is not a bonus per se, but the kind of incentive that matters the most if you play the long game. All bets placed over the course of one month qualify, so don’t have to bet on sports and events that you don’t know.