Review of Matchbook sportsbook – online sport betting
Мatchbook was founded in 2004 in the United States of America. The first seven years the sportsbook worked within the territory of States, and provided betting on the domestic sports and championships. In 2011 the company was acquired by English investors who had also experience in sports betting.
The new owners of the company spared no expense and invested considerable funds. The front office of Matchbook sportsbook is seriously engaged in developing the company and carries out various promotions. They have even increased the staff team from 10 people to 150. After the major changes Matchbook received a license from the government of the United Kingdom.
Many experts note the high and rapid growth of this betting exchange, which is considered to be among the best companies of the kind all over the world. Of course the leading position of Betfair is not doubted, but Matchbook online is headed in the right direction.
Now bettors from France and the United States are unable to use the services of Matchbook betting. The other European countries can register and bet at Matchbook. In percentage correlation most of the Matchbook customers are residents of the UK (26% among all customers). Also there are many punters form Greece, Spain, Russia and Hong Kong.
Matchbook website is very attractive. The colour scheme consists of grey, red and black. There are two language versions: English and Chinese. The users can also change odds format. The default is decimal format, but it also can be changed into US, HK, Malay and Indo. It is evident, that the bookmaker tries to attract users from Asia.
All sports are placed in the left part of the screen in a vertical column. The popular markets are in the centre of the page and the general information can be viewed in the bottom of the page. There are a lot of informational blocks which regard Matchbook online betting rules and regulations.
Matchbook offers not only sports betting. Customers can also find Casino section with table games, slot games, video poker and live dealers.
The customer service of Мatchbook operates the same way as most of other bookmakers. Users can contact at any time of day. They work without breaks. Among available communication lines there are email, phone calls and live chat.
Support team speaks English and Chinese. Mandarin is also available. There are various FAQ sections, which simplify betting process for newcomers and even experienced punters.
Deposit and withdrawal methods, payout times
Мatchbook betting exchange supports payments using well known Bank cards and popular electronic systems NETELLER and Skrill. The minimum deposit is equal to $ 10 for electronic payments and $ 30 for credit cards. The maximum amount to deposit via credit card is 30 thousand dollars, and 100 thousand dollars via Neteller and Skrill. All transfers are made instantly.
Electronic systems and some Bank cards are available to withdraw. The minimum amount for withdrawal is $ 30 and a maximum is 50 thousand dollars. Transactions are performed within 12 hours. If cashing out is made using credit cards it will take 5 working days.
Users can fund accounts in Euro, pounds, American, Australian, Canadian and Hong Kong dollars.
Betting coverage and odds
As for the line width of Matchbook exchange betting, it lags behind market leader BetFair. Matchbook has in its line a total number of 13 sports, and the action line is poor. The experts associate limitations in line and action line with the company`s moving from American to European market. The number of options for bet even in most popular football matches leaves much to be desired.
For comparison, Betfair can provide betting variants on second and third divisions of top leagues before two or three days of the match day. Matchbook online sport betting is aimed at American sports. The action line of NFL, NBA, NHL and MLB is quite good and they have the most brisk betting market.
Мatchbook online betting set a commission range within 1%. Мatchbook offers the lowest margin level in comparison with other betting exchanges. The average margin level is from 3% to 6%. The minimum wage is $ 2, instead of the usual $ 4-5. This can be explained by the fact that the company is simply trying to attract new customers.
Matchbook sportsbook is eager to show their best to attract customers. It will be difficult to keep such level of margin, because it can be unprofitable.
Mobile betting and promotions
Matchbook online betting has a quality mobile version of the site and provides different products for different platforms. For example, sport betting is available for mobile phones, gadgets based on IOS and Android. Other products of the company Matchbook such as poker, casino and slot machines, are available only on the official website of the betting exchange.
Since the bookmaker is very much interested in attracting customers, it has a large variety of different promotions and bonuses. The most popular bonuses are freebets and full cancelation of margin.
The cancelation of the commission is not regular. It is held periodically. The cancelation of the commission is applied to certain leagues or matches on a certain day or period of time.
Prize drawing. Matchbook online often conducts a variety of draws among the players. They are usually dedicated to any date or when they want to please their customers.
Customers can also get freebets. They are held from time to time and as the result bettors can get extra money for free bets. Of course, there are certain rules of crediting free bets and their qualifying.
This Matchbook review shows that it is best suited for American sports. The company sets high odds on events and never cuts limits for professional and successful bettors. The margin is within 1%. Matchbook betting has pretty mobile version and offers casino and poker. The sportsbook operates under the license of Alderney and is a respectful company. It invites customers all over the world.