Signing Up/User Interface
Matchbook insists that its main goal is providing maximum value for its customers. To this end, it strives to provide significant liquidity in whichever market a punter wishes to get trade in.
Matchbook has two different commission rates. If a punter accepts an existing offer in an exchange market, the standard commission rate is 1.5%. If an offer is posted which another customer matches, the standard rate is 0.75%. Both these rates are extremely competitive and compare favourably with Matchbook’s competitors.
Liquidity in betting markets is essential to the success of any exchange company and Matchbook’s website makes a confident statement.
It reads: “We want to grow our community by focusing on our liquidity, one market and sport at a time. To do this, we ensure we have critical mass along with the best price and liquidity offering in the industry, before we add any further markets. We firmly believe that Matchbook’s (competitive) commission charge will continue to drive long term volume to our platform.”
Joining Matchbook is a simple procedure and can be done via the website, www.matchbook.com.
There is a big incentive for new customers with a £500 commission refund in the first five weeks and although the size of this bonus will only apply to punters with large betting banks and a decent success rate, it is nevertheless a generous and enticing offer. Those operating at smaller stakes will also benefit, but not to the same financial degree.
Matchbook does not provide foreign exchange services. All transactions are processed in the currency of customers’ accounts, which is clearly acceptable for the overwhelming majority of clients.
However, if a customer chooses to send or receive funds in a currency that differs from his or her Matchbook account, the payments provider may charge foreign exchange fees.
Matchbook’s stated policy of expanding its betting markets one at a time with a view to providing substantial liquidity means that it cannot offer the same breadth of sporting events as some other exchanges such as Betfair, but that may well change in time if the company continues to expand.
For now, the main areas of liquidity surround horse racing, football, American Football, greyhound racing and basketball, as seen by their prominence on the left-handed side of the website’s home page.
However, if customers click on the “All Sports” icon, several other sporting markets can be accessed.
An in-running betting facility is also a central part of the home page along with a casino link which includes blackjack and roulette.
Should customers run into technical difficulties, there is a help centre which features a comprehensive list of frequently asked questions with solutions.
Customers who cannot find out the information they need can contact Matchbook customer services in the UK and Ireland. The telephone numbers for these are supplied.
Statistics and Form
Matchbook’s race-by-race set-up concentrates on the win and lay odds in both the win and place markets, but punters are given help via a smart stats icon which can provide helpful clues in the puzzle-solving process. There is also a brief analyst’s summary with selection and draw bias verdict, both of which add to the customer’s weaponry.
Streaming and Content
The site lacks live streaming, commentaries and radio which are all available with industry leader Betfair and which would engage with punters trading in-play.
The website has an ‘Insights’ section which is a must-read for punters who are serious about making a profit on the sport(s) of the choice.
Expert advice is provided not only on individual sporting events, but betting strategies and the way to move forward with the maximum opportunity to win money.
There are also regular podcasts which focus on NFL, football and horse racing.