Geeks Toy for Matchbook.com general discussion thread.

[Machibist]

This could be a game changer! COULD....it is all up to those who are running the business.
Hope something come out of this.

Best regards

[kawasaki]

horses, dogs, and youre good to go. just learn from Betfails mistakes and youll be fine

[parrys]

please just use betfair's original commission structure and price increments and everyone will flood over to you.

[m123321m]

It will be great if Matchbook will create MSP(Matchbook SP betting) for horses.

[The Geek]

please just use betfair's original commission structure and price increments and everyone will flood over to you.

No they won't. Betdaq has the same commission structure as Betfair.

[Gamblor]

Hi Mike,

Can you elaborate on commission discussions you are having as mentioned by Geek in the earlier post?

[Matchbook]

please just use betfair's original commission structure and price increments and everyone will flood over to you.

Hi parrys,

A key part of the reason for Matchbook's growth so far, has been the current commission structure. Granted, there are certain clients, who the rate doesn't suit, but at 1% (or 1.15% in UK) the rate is so low that the vast majority of customers are paying less commission than standard net win rates.

If you had a sample of your own betting history, by bet, we'd be happy to take a look at it and see how the Matchbook commission rates would compare.

Thanks,

Mike

[Matchbook]

It will be great if Matchbook will create MSP(Matchbook SP betting) for horses.

Hi m123321m,

This is definitely something we'll look at as part of any horse racing launch.

Thanks,

Mike

[Matchbook]

Hi Mike,

Can you elaborate on commission discussions you are having as mentioned by Geek in the earlier post?

Hi Gamblor,

I don't have specific details at the moment. As I mentioned in a previous post, Matchbook's current commission structure is preferable for the vast majority of customers.

That said, our goal is to become the most liquid betting exchange, in all sports and if there is a particular profile of customer that's contributing overall to the exchange, then we will explore all ways to make it work for both parties.

Feel free to send us more details on your own trading, and why the structure wouldn't work for you, and we can reference it as part of our ongoing discussions - geekstoy @ matchbook.com

Thanks,

Mike

[Matchbook]

No they won't. Betdaq has the same commission structure as Betfair.

I should probably add to this and say - it may not have proven to be the best commission structure - there have been a lot of additional charges as well as increased commission rates in certain jurisdictions etc. etc. along the way!

Thanks,

Mike

[m123321m]

Is it possible to allow each customer to have 2 accounts?
1 account as it is now( with 1% commision), and the other one with commision structure like Betfair and Betdaq.
So if someone wants to trade he logins to his 2 account and if he wants to bet then to his first one.
And also to make possible transfer of money between this 2 accounts(like between UK and Australia accounts in BF).

[Aleh00]

I would be interested to know that is Matchbook planning to cover more soccer games in-play (live betting) in the future atleast all the main league games from biggest leagues? Couple of weeks ago there was PSG vs some Ligue 1 team and that game did not go in play and it was Ligue 1 game wich is really popular league and the main league of France... Also I would like to know that does Matchbook have any plans to increase the number of live betting markets? I mean there aint even correct score market and 5,5 U/O + markets?

[Gilbert11]

There may be some users on the forum here that can validate these claims, but the pre-match liquidity on Matchbook, especially for the major leagues, is as good, if not better, than other exchanges the majority of the time.

Best thing to do is check out the markets for yourself.

Thanks,

Mike

I switched a lot of my funds to Matchbook 5/6months ago. I like it, it's a great site, I don't use it for trading like Betfair, however (yet).

I can confirm liquidity is great on Matchbook, it's on a par with Betfair. Better on US sports e.g., Basketball, American Football - and better for some markets in non-US sports too e.g., certain asian lines on 'Soccer'.

In terms of the volume of matched bets I would guess Betfair still has the edge on 'Soccer', Matchbook probably has the edge on American Sports - although I can't confirm this either way.

In play, it's my opinion that Betfair is better (talking 'soccer' here) - the odds are faster, better and liquidity is better.

Betfair also offers a lot more markets in 'soccer' at least.

I do recommend Matchbook, especially now it's available on the toy.

[kn10]

1 and only question to experienced traders: is matchbook viable for soccer in-play trading right now ?

[Matchbook]

Is it possible to allow each customer to have 2 accounts?
1 account as it is now( with 1% commision), and the other one with commision structure like Betfair and Betdaq.
So if someone wants to trade he logins to his 2 account and if he wants to bet then to his first one.
And also to make possible transfer of money between this 2 accounts(like between UK and Australia accounts in BF).

Hi m123321m,

At the moment, it's not even possible to have a net win account but it's probably safe to say that a customer would not be able to hold two accounts, with two different commission structures.

Thanks,

Mike