Matchbook is an impressive betting exchange, offering decent liquidity, a recognisable user interface, a growing range of third party applications and a super low commission rate.
Matchbook customers from the UK, ROI, Channel Islands and Isle of Man benefit from a 2% commission on winnings. The Rest of the world are charged 4% — which is still highly competitive.
Furthermore, the £10 welcome bonus is an excellent way to introduce new traders to the exchange. All in all, I highly recommend Matchbook.
Matchbook Review Contents:
Advantages Of Matchbook
Much Lower Commission Than Betfair
Matchbook charges two highly competitive commission rates depending on where customers reside:
- 2% — for customers from in the UK, ROI, Channel Islands and Isle of Man.
- 4% — for customers from the Rest of the world.
Both rates are excellent considering Betfair’s commission starts at 5%.
In most markets, Matchbook doesn’t struggle with liquidity. This is partly due to the low commission rate which continually attracts new market participants (as well as converting existing Betfair traders).
Recognisable User Interface
Matchbook have been sure to distinguish their brand from Betfair with an ultra-modern site that’s very easy on the eyes. Yet the exchange functionality itself remains traditional, and recognisable… almost identical to Betfair, in fact. In other words, it’s perfect for those migrating from Betfair.
Growing Range Of Third Party Applications
Part of being a sports trader is utilising tools to improve, scale, and automate your betting strategy. Unlike Smarkets, Matchbook offers an API — so there’s a growing number of third party applications compatible with the exchange. The ability to run Bots (such as BF Bot Manager) and other tools adds a whole new dimension to your trading.
Disadvantages of Matchbook
Fewer Markets than Betfair
One of the downfalls of Matchbook is that it doesn’t cover as many sports and markets as Betfair. But in fairness, the liquidity within their active markets is more than sufficient for most. They’ll be filling in the gaps once they’re satisfied they can maintain fully active markets.
Low Liquidity for Some Events
Matchbook has lower liquidity than Betfair for many events. This becomes most apparent in non-mainstream events; for instance, football markets outside of the major European leagues & competitions. However, this will perhaps only impact specialised bettors looking to place substantial bets.
Sports Betting Markets
- American Football
- Australian Rules
- Greyhound Racing
- Horse Racing
- Ice Hockey
- Mixed Martial Arts
- NCAA Football
- UK Gambling Commission
- Alderney Gambling Control Commission
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