Matchbook Bonus Code
New customers who create an account, deposit funds, place bets and use the Matchbook Bonus Code MAXSPORT will be eligible for the Matchbook Welcome Offer. As a new customer, you can receive a welcome bonus for sports when you sign up (18+ | T&Cs Apply).
Matchbook Bonus Code 2018
|Bonus Offer||0% Commission on All Sports|
|Matchbook Bonus Code||MAXSPORT|
|Rollover odds requirements||All odds apply|
|Expiry||July 15th, 2018|
|Bet types||Back or Lay bets allowed|
|Terms & Conditions||See full T&Cs|
Above are some of the key terms when you sign up for the promotion with the Matchbook Bonus Code. Please note that the welcome offer is only for new customers over the age of 18.
How to register with the Matchbook Bonus Code?
The Matchbook homepage always shows new account offers and bonuses. If you are a new customer looking to sign up with the Matchbook bonus code then follow these steps:
- Copy the Matchbook bonus code
- Go to Matchbook here
- Choose to “Join” to open an account
- Enter your details and the bonus code
- Opt-in for the bonus
- Start betting
Users must confirm that they are aged 18 and agree to the Terms and Conditions before signing up.
Other Matchbook Promotions
Matchbook features other promotions for exchange betting and offers specific to their casino. It is always worth checking out the promotions page before you sign up.
However, if it is the new customer sports offer you are looking for then use the Matchbook Bonus Code MAXSPORT in the registration form to receive the welcome bonus.
Recommended Betting Tips
See some of our recommended bets courtesy of bettingexpert for upcoming sports like Tennis and Football. (Odds are subject to change)
Placing a Bet at Matchbook
Making bets on an exchange is different from betting with a sportsbook as it involves being the bookmaker or being the bettor. This form of betting is based on peer-to-peer betting which in effect means betting between the users.
The operator’s role is to broker these transactions for which they earn a commission. Punters place a back bet when they think something will happen or lay or take a bet when they think something will not happen. Matchbook is a relatively new breed of bookmaker that facilitates these bets by providing the mechanism and support services.
The basic procedure for betting with Matchbook is fundamental as that for conventional sportsbooks, with the added feature of the lay option. The sport, league and event are selected and the back and lay odds are displayed. The back odds will always be slightly smaller than the lay odds with Matchbook but that is the case with all exchanges. One difference with an exchange is that a range of prices is displayed and customers choose at which price they wish to back or lay.
Once a price is selected users are prompted to specify a stake and put that request into the market. The Matchbook back office will find a customer or number of customers who are happy to accept a back or lay bet. When two opposing parties are brought together a bet is said to be matched.
Customers do not have to take the displayed odds but can request their own odds. Such bets may or not be matched and some can be partly matched. Matchbook displays unmatched and matched bets and at some stage, an unmatched bet can be matched when two opinions meet at an agreeable price.
Who is Matchbook?
Matchbook present themselves as a betting exchange community which means the company is an exchange bookmaker. The concept of bringing together backers and layers was first brought to the market in any significant way by Betfair in 2000.
Matchbook is a relatively new entrant into this sector and aims to profit from brokering bets between gamblers who have an opinion that something will happen or that something will not happen. The company has set out to create an innovative betting experience and is always striving to improve the product. In 2011 Matchbook was purchased by investors with a background in British sports betting. The new operators have put special emphasis on soccer Asian handicap betting.
One of the most important elements of any exchange is liquidity and this is where Matchbook is a long way behind Betfair. They are trying to get a foot in a market dominated by one company and are offering a commission rate of 1,5% to attract customers. However, the standard commission rate will be only 0,75% if you have been posting an offer, that another user then matches.
Markets are being added slowly when liquidity has reached a workable level and customers can get their bets matched. The ethos of the exchange is low-margin, high volume betting with a focus on building liquidity across a limited number of sports and leagues.
Matchbook is an exchange bookmaker (similar to Betfair and Betdaq) whereby backers and layers have bets matched at a price that is mutually agreeable. Placing a bet is the same as for conventional sportsbooks. Customers click on their selection, take the best odds available and enter a stake before submitting the bet.
Bettors can bet on something to happen by placing a back bet or bet on something to not happen by placing a lay bet. Backers and layers come together at a price that is acceptable to both parties. Customers can only bet with funds that are in their account and that also includes commission.
Matchbook charges a small 1,5% commission when you place a bet. This rate is applied to the win amount on winning bets. For losing bets, commissions are based on the losing stake or the potential liability, whichever is smaller.
The exchange provides an extensive range of betting opportunities while the sporting event is taking place. The market does not close once the event begins and backers and layers can trade right up to the last part of the action, most often for soccer, tennis, and golf.
A time delay of between 1 and 10 seconds gives everyone an equal chance of having bets matched. Unmatched bets are cancelled if there is a shift in the odds. When the review was undertaken the website featured live betting opportunities for soccer, tennis, and cricket.
Matchbook Sports and Markets
The Matchbook homepage displays the most popular markets in the main area of the screen. A vertical navigation bar on the left-hand side of the page shows a list of sports on which customers can place back or lay bets. There are 15 options on the menu including 13 sports and current events and politics.
These sports are not arranged alphabetically but possibly by the number of markets on offer which makes soccer the most popular sport for betting with this website’s customers. The sports that have the most betting markets are as follows:
Matchbook apps are available for iPhone, iPad and Android. For regulatory reasons, you can only use the Matchbook app in certain regions. Location Services need to be available on a device in order to use the app. Once this has been activated the application must be restarted.
The Matchbook app includes all the features of the desktop version and it has been designed for ease of use while on the move. The latest version of the app features integration with BM Casino, access to a mobile forum and transaction reports.
The app is compatible with touch technologies and fifth generation phones. You can also use the Matchbook Bonus Code on your mobile device.
Only just recently, Matchbook surprised its customers with a release of the third version of its mobile app for iPhone and Android. It is not an update but a whole new product including a major redesign to improve user experience and navigation across the app.
Additionally, the product aims for a better performance in terms of loading different markets and doing so much faster.
Matchbook Deposits and Withdrawals
The funding section on the Matchbook website refers to making deposits and withdrawals. Transactions can be carried out using the major debit and credit cards and funds can be deposited using bank wire transfers. It takes 3-5 business days to receive a wire transfer. Within the funding section the following issues are covered:
- How to fund an account
- Direct deposits and withdrawals using a debit or credit card
- Withdrawals directly to a bank account
- The cost of taking out funds
- Foreign exchange fees
Matchbook can, at its discretion, impose fees if the commission on betting activity is less than the cost of processing transactions. Matchbook does not provide foreign exchange services and transactions are processed in the currency of the account.
Basic Facts about Matchbook
- Company Name: Matchbook trading as Triplebet Ltd.
- Postal Address: Inchalla, Le Val, Alderney, GY9 3UL.
- Founded: 2004 and purchased by UK investors in 2011
- Model: Sports betting exchange and casino
- Licenses: UK Gambling Commission and Alderney Gambling Control Commission
- Odds Format: European, UK, US, Hong Kong, Indo and Malay
- Languages: English and Asian
- Currency: British Pounds and Asian currencies
- Restricted Countries: US players not accepted
- Markets: UK and Asian.
Matchbook Customer Support
- Email: firstname.lastname@example.org
- Live Chat: 9:00am to 3:00am GMT
- Telephone support: UK 0044 203 642 6867, Ireland Europe 00353 21 242 8626
- Post: Triplebet Limited, Inchalla, Le Val, Alderney, GY9 3UL.
- Twitter: @TeamMatchBook
- No fax support
- Response times: Live Chat: 13 seconds, Phone: 15 seconds, Email: 4 hours.
- Frequently Asked Questions: General FAQs
- Lost password procedure: by email
- Links to Gamcare and 18+ policy
Matchbook is an exchange bookmaker that imitates Betfair who monopolise the market. The range of sports, leagues and betting options is limited but might grow in time if there are enough customers to create liquidity.
Technically the site works well and the betting features are easy to use and intuitive. The casino includes the most popular games but again the range is limited.
The bonuses, commissions and affiliate program are fine but not exceptional. Matchbook differentiates itself from Betfair by quoting odds to three decimal places so traders can bet to smaller margins in degrees of one-thousandth of a point rather than one hundredth on Betfair.
Matchbook also takes a smaller commission but it is debatable whether this feature is enough to attract customers from Betfair. Finally, we want to present you some of the most amusing betting ads before you start your betting experience with the Matchbook Bonus Code 2018 MAXSPORT.
*Please note – Our star ratings are based on our personal opinion of the bookmakers we work with. We also take customer feedback into account in our rankings.