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Matchbook Betting Exchange Review
Provider: Matchbook
Verdict: Matchbook betting exchange was founded in 2004 as a peer-to-peer sports betting exchange and online casino. In 2011, they were acquired by a group of Financial Banking & UK sports investors including Matthew Benham and began operating under new ownership and management in April 2012 as Triplebet Limited.
Summary
Matchbook betting exchange is one of the newer betting exchanges. Matchbook has quite a comprehensive offering for US sports such as American Football although does have good coverage of the UK sports betting exchange betting landscape. Matchbook competes heavily on commission rates and welcome offers to attract new customers.
Matchbook is headquartered in Alderney and licensed by the Alderney Gambling Control Commission and the UK Gambling Commission. They offer a very small commission charge of just 1% on each bet placed. The commission is applied to the win amount (profit) on winning bets, and for losing bets, it is applied to the lesser of the stake or potential profit/liability amount. They currently run a welcome offer where 0% commission is applied on all bets up to a specified date.
Pros
- Discounted commission of 2%
- Good coverage of US sports
- Decent free bet for new punters
Cons
- Liquidity not as good as Betfair
- Limited market range compared to BetDaq
- Platform not as good as Smarkets
- Pricing (3.5)
- Market Access (3)
- Online Platform (4)
- Customer Service (3.5)
- Research & Analysis (4)