Although not exactly a bookie, Matchbook is stake exchange operator like Betfair. Although Betfair is the leading name in the biz, Matchbook offers other exclusive privileges and solid reputation in the field.
- £500 Cash return
- Great mobile mode
- Lower commision rates ( in comparison to Betfair)
- No free bet available
Review of the operator
Matchbooks online history dates back to 2004, and is one of the oldest online players in the field. Ever since 2011, the platform works under the ownership of Trible Bet and has been through constant upgrades in its services. The platform is further backed up by Alderney Gambling Control Commission in Uk-governed channel islands.
Now if we compare it to its main competitor-Betfair, Matchbook offers the following good points:
- 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.
- This is where they are ahead of their main competitor-Betfair.
- They don’t impose any charges on minimum stakes and the min. stake limits are low.
- Liquidity problems are no longer a concern with football and tennis stakes.
If you are used to conventional bookies, you need a bit of time to familiarise yourself with their layout and overall system as it’s not that simple. Gamblers can take over both the role of stakers and the house though by backing or setting whole teams or players.
Numerous betting options await you in numerous unions and leagues: NRL, MLB, AFL, NBA, rugby association and soccer, boxing, golf, tennis, politic decisions, and a few others are available. If you aim for big games, chances are, you’ll find some other player placing a stake against yours.
Such stakes are at all times more exciting compared to the typical ones where the bookies set the odds.
Now in comparison to Betfair which imposes a fixed 5% commission rate on profits, Matchbook operates in a different way. One part is taken off from your earnings and the other is equal to the same value of your bet in case you lose. Pay extra caution in this regard as you may lose your funds if a stake doesn’t go well.
Betting exchange bookies typically don’t provide any welcome bonus, excluding the sign-up bonus code. They also promise better stakes to earn some cash promptly. And yes as you’ve guessed it, good odds equal to more profits.
By using the bonus code CASHMATCH, you benefit from a welcome bonus of a Free £10 Bet upon registration if your bet loses. As of January 31st, the bookmaker offers a welcome bonus with users receiving £10 cash refund if their first qualifying bet loses.
Apart from the starter bonuses for newbies, the betting exchange operator also provides decreased commission rates. All stakes you add within 30 days are counted in so no need to stake on sports or games that you are not familiar with.
If you wish to add funds to your account, you can do so via these options: Credit/Debit Card, Bank transfers, Interbook, Neteller, and Skrill.
For cash outs, you can use Interbook, Bank Wires, Skrill, and Neteller.
Bank transfers below the $7.5K limit are subject to charges. There are no charges for credit card payments, Skrill, and Neteller.