Matchbook 0% commission on Horse Racing

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iambic_pentameter
Posts: 443
Joined: Wed May 18, 2016 1:24 pm

Just received an email from Matchbook alerting me to this new offer.

Nice marketing slogan of:

"Time to Bet Fair"

https://www.matchbook.com/promo/Commiss ... orseRacing
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Derek27
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Location: UK

I've just had a look at the first at Dundalk on Matchbook, the liquidity isn't bad. The problem is I'm not aware of any trading software vendors that cover Matchbook.
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Dallas
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They have run the same offer in the past
viewtopic.php?f=5&t=12304
RalfusDawes
Posts: 24
Joined: Sun Feb 23, 2014 5:09 pm

Derek27 wrote:
Fri Feb 09, 2018 5:21 pm
I've just had a look at the first at Dundalk on Matchbook, the liquidity isn't bad. The problem is I'm not aware of any trading software vendors that cover Matchbook.
'Censored by BA' have had a Matchbook version for a while. The other one that BA are scared to let me mention here
spreadbetting
Posts: 3140
Joined: Sun Jan 31, 2010 8:06 pm

Don't they usually charge commission on each bet? Good to see they're including Cheltenham but can't see traders sticking around with their commission structure.
RalfusDawes wrote:
Fri Feb 09, 2018 6:44 pm

'Censored by BA' have had a Matchbook version for a while. The other one that BA are scared to let me mention here
Can't imagine they're scared just why would you want to allow advertising for another vendors software on your site, they have a forum that does exactly the same, so it's hardly one sided.
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Euler
Posts: 24700
Joined: Wed Nov 10, 2010 1:39 pm
Location: Bet Angel HQ

We censor just to stop abuse of the forum. We suffered from it in the past in waves and doing this has halted it.

We want to encourage people to talk about trading and stuff, we just don't want the forum being used as a tool for advertising.

We have talked to matchbook a lot, but nothing has come of it. We need funding of some sort to pay for development ultimately. They kindly invited me to talk at their conference so happy to mention them.
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Derek27
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Location: UK

If I understand correctly, trade £2000 and break even, on Betfair you pay nothing, with Matchbook it's £30 for the back bet and up to £30 for the lay bet at 1.5% commission. Hardly betting fair!
jay6
Posts: 12
Joined: Wed Aug 12, 2009 2:19 pm

Matchbook changing to 2% flat commission from tomorrow. Also have cashout now available on the website.
greenmark
Posts: 4948
Joined: Mon Jan 29, 2018 2:15 pm

Just compared matchbook/betfair. About the same matched, but weirdly matchbook was oscillating between 105,000 and 127,000 matched. How can the matched amount fall?
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Euler
Posts: 24700
Joined: Wed Nov 10, 2010 1:39 pm
Location: Bet Angel HQ

I think they count differently anyhow. But I'd imagine most of the 'liquidity' probably isn't. Don't know, haven't really tried.
weemac
Posts: 1216
Joined: Mon Sep 16, 2013 8:16 pm

1.5% Net Win - Horse Racing
Matchbook are now offering an industry low commision rate of 1.5% Net Win on Horse Racing. Place bets on our horse racing markets today and you will only pay commission if you make a profit.
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Derek27
Posts: 23475
Joined: Wed Aug 30, 2017 11:44 am
Location: UK

weemac wrote:
Tue Aug 06, 2019 3:18 pm
1.5% Net Win - Horse Racing
Matchbook are now offering an industry low commision rate of 1.5% Net Win on Horse Racing. Place bets on our horse racing markets today and you will only pay commission if you make a profit.
Is that on a weekly basis?
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