Launched in 2014 and licensed by the commissions of Alderney and UK, Matchbook.com are one of the new online betting exchanges rapidly growing into the world of sports trading. Known to charge one of the lowest commissions on the market, Matchbook welcome new players with a £30 back & lay bonus. This is an independent review of the Matchbook online betting exchage.
Matchbook Betting/Trading Options, Features & Liquidity
Matchbook comes with a red and grey modern layout that might be a little bit clumsy and untraditional for many people, but once you get used it is a pleasure to back and lay your bets. Even though the website is available in English and Chinese only, new players can open an account in some of the most important currencies in the world and can choose between different odds types. There's also a section on their website with news and betting previews, stats and livescores. Matchbook is not a traditional bookmaker, Matchbook is an online betting exchange and unlike traditional betting, punters have the possibility to back (bet for) or lay (bet against) against the market. Betting exchanges are great for traders and professional bettors because they don't bet (directly or indirectly) against the bookmaker but rather against the market, against other bettors. Money flow move lines and odds, it's you against the market. Sports with the best liquidity are football/soccer, tennis and baseball (MLB). But they also offer horse racing, basketball, cricket, MMA, boxing or American football. They also offer an online casino that has table games, slots, video poker and live dealer.
In case you're wondering what Matchbook gets in exchange for their service, you will be pleased to find out that they only charge 1% in commissions, off your total stake or/and potential winnings. It would be 1% from your potential winnings (without stake) in case of win, and 1% from your stake in case of lose. Matchbook commission is considered to be one of the lowest on the market.
Matchbook Bonus - £15 Back & £15 Lay Welcome Bonus
So it's £30 in total for new player accounts. Make sure you read T&C's and meet qualifying criteria to be eligible for the bonus. All bonus funds are being credited within 48 hours!
Matchbook Deposit & Withdrawal Options
The following deposit methods are accepted at Matchbook: Bank Wire Transfer, instaDebit, Maestro, MasterCard, Neteller, Paysafe Card, Skrill, Visa, Visa Electron.
Withdrawal options: Bank Wire Transfer, Neteller, Skrill, Visa and Visa Electron are offered for withdrawals. Payouts usually take up to five hours and they are free of charge for as long as your activity does cover payment processing fees.
Matchbook offers support by email, phone and live chat. There is also a FAQ that will answer some of the most frequently asked questions and a feature to send feedback for anything that might bother you.