Matchbook Review: Welcome Bonus, Betting Markets, and More
Matchbook is one of the more popular betting exchanges on the market today, with the betting exchange format making it possible to gain value over other bettors that simply is not available against a traditional bookmaker. In this Matchbook review, we will analyze the welcome bonus, betting markets, and other key features to determine if Matchbook is worth your attention.
|Matchbook Review||Our rating|
|Live betting & streaming||4/5|
Matchbook Welcome Bonus: 5/5
One of the advantages of playing at a betting exchange rather than a traditional sportsbook is that wagers are made between players rather than the house, with the house taking a commission of the settled wager rather than a cut in the form of juice upfront. Matchbook’s welcome bonus comes in the form of a discount on those commissions, with up to £500 in commission refunds to be had for new players.
Players who are new to Matchbook should note that those commission refunds are on commissions paid within the first five weeks of opening an account, so if you are not going to be able to place enough bets to take full advantage of this offer, you may want to wait to open an account.
With that said, players who will be available to place plenty of bets in the Matchbook exchange within five weeks of creating their account will be hard pressed to find a better value without necessarily having to make a huge initial deposit. This welcome bonus earns top marks in our Matchbook review.
Matchbook Betting Markets: 4/5
The first stumble in this Matchbook review comes in the form of betting markets at Matchbook. While the site does cover a decent amount of sports and leagues, it falls short of traditional sportsbooks in the number of different markets to choose from.
This deficiency comes in two ways, the first being that most exchange bettors aren’t lining up to place bets on obscure leagues such as Bulgarian basketball, while regular sportsbooks have those odds available for anyone willing to take on the challenge of handicapping those matches.
The second shortfall with Matchbook’s betting markets is their relative lack of prop bets for each game, such as first goalscorer props in football. Matchbook has most spread, total, and moneyline wagers covered, but prop bets are an area where the site can improve its markets to say the least.
Matchbook Commission: 4/5
Commission at Matchbook is applied differently based on a number of circumstances. For bets where a player is accepting another player’s proposed wager, players are subject to a 1.5% commission. For bets that a player proposes that are then accepted, that commission rate is halved. Commission percentages are applied to the win amount for winning bets, and the lesser amount between your stake and the potential winnings for losing bets.
The commission rates for bets on the Matchbook exchange are not bad by any means, but having a consistent amount between the proposed wager rate and the accepted wager rate would be nice, as it feels like players are penalized for not inventing wagers. This loses Matchbook a point in our Matchbook review.
Matchbook Mobile App: 5/5
Matchbook earns top marks in our Matchbook review for the attention they paid to their various mobile apps. The Matchbook exchange app is available on iPhone, Android, Apple Watch, and iPad devices, to cover the bases of bettors who want to get their bets in on any number of devices.
This is an often overlooked aspect when it comes to app quality, as not all bookmakers offer coverage on all of these devices. Combine that versatility with the fact that Matchbook’s apps are easy to use and navigate through, and Matchbook did a masterful job here.
Matchbook Live Betting and Streaming: 4/5
Matchbook offers live betting on as many events as their players will offer action on, which tends to be a large array of matches, including events such as lower level tennis tournaments in the Challenger division. It is safe to say that players will not have trouble finding matches to bet on in-play at Matchbook.
The site does not, however, offer live streaming, which loses them a point in this section of our Matchbook review.
Matchbook Payment Options: 5/5
When it comes to payment options, Matchbook covers all of the major bases for its players. They accept credit and debit cards, as well as several popular eWallets and bank transfers. While you would like to see the site offer cryptocurrency support, that really isn’t necessary thanks to the legality of wagering online in the UK, so there is no reason to dock Matchbook for that in this Matchbook review.
Below is a list of available Matchbook payment options, along with some information on minimum and maximum deposits, along with processing times.
|Payment method||Minimum deposit||Maximum deposit||Payment fee||Processing time|
Matchbook Customer Service: 5/5
Matchbook’s customer service methods also cover the bases that players are looking for at any betting site. They have live chat, phone, and email capability, that cover nearly all of the hours of the day, to address player concerns at nearly all times.
|Contact method||Live chat||Telephone|
|Access details||Choose the Live Chat option on the
Contact Us page of the site
|(+44) 203 642 6867||Support@matchbook.com|
|Availability times||8:00am to 1:00am daily||Not specified||Not specified|
Matchbook Overall Rating: 4.5/5
With a strong welcome bonus, a great series of mobile apps, and a quality array of betting markets to choose from, Matchbook is definitely worth a go for players looking to get into the betting exchange space. While exchange betting can differ from traditional sportsbook betting, Matchbook is sure to make the transition as smooth as possible.
|What we like||What we don’t like|
|👍 Good welcome bonus||👎 No live streaming|
|👍 Wonderful mobile apps||👎 No player props|
|👍 Plenty of betting markets|