Overview from Our Team
The Match.Center team conducted a full evaluation of Matchbook, awarding them a final rating of 5.8 out of 10 (see the article below for a comprehensive assessment based on specific criteria). We appreciated the fact that they operate as a betting exchange with a low commission of just 2% on net winnings of the user. However, we had several areas of concern that led to a significant reduction in the bookmaker’s score. We found limited bonus offerings and just a handful of live streams. In order to increase their customer base and remain competitive, the platform would want to expand the selection of sports, and offer customers a broader range of payment systems.
Matchbook Basic Facts
Website | https://www.matchbook.com/ | Game Types | Single bets, Accumulators, Outrights |
Deposit methods | Visa / Mastercard, Neteller, Skrill | Withdrawal Methods | Visa / Mastercard, Neteller, Skrill, Bank Wire |
Owner | Triplebet Limited | Betting Functions | Live betting, Cash Out |
Apps | Android / iOS | Support | Live chat: 9am-3am (daily); Email: support@matchbook.com |
Headquarters | Malta | Casino Game Types | Slots, table games, video poker, jackpots |
Founded Year | 2004 |
Matchbook Pros & Cons
- High odds. Thanks to the betting exchange structure, you’ll find quite attractive prices, especially on major markets close to the game start. Also “Matchbook Zero” section where you’ll find some top football and horse racing events with zero margin in a classic sportsbook mode (though very low stakes).
- Bets on non-sporting events. The bookie extends the possibility of wagering beyond sports, since their betting line includes political events in the US and UK.
- Brokerage service. For those looking to place large bets, the bookie offers individual odds through their brokerage service.
- Podcasts. Informative podcasts where listeners can tune in for reviews of past games or races.
- Limited sports selection. There are only markets for 10+ sports, which may not be enough for some punters looking for a wider range of options.
- Low stakes in the classic betting section. You can bet £20 max there.
Matchbook Review
The bookie is among the leading betting exchanges in the UK, but their selection of sports is quite limited, with just over 10 disciplines and politics betting. At the same time, their “Matchbook Zero” section can be considered not even a silver but very gold lining, since you can bet in classic sportsbook mode on several top football matches and horse racing events without any margin, so it’s really the best possible odds. Sad thing, it’s for moneyline only and no more than 20 pounds.
Next, Matchbook offers you a full Cash Out option and expert opinions in the form of recorded podcasts.
In addition to the sports section, the platform also has a casino where users can play Slots, table games, live casino, video poker, and jackpots.
Their deposit methods are limited to Visa/Mastercard, Neteller, Skrill, and Google Pay. Support service is working from 9 AM to 3 AM daily.
Matchbook | Rating | Comment |
---|---|---|
A range of markets | 6/10 | There are too few sports (10+). Few matches in the “In Play” section |
Bonus offers | 6/10 | Three types of welcome bonuses and a few promotions for existing customers |
Payment methods | 4/10 | Few payment systems are available (Visa / Mastercard, Neteller, Skrill, Bank Wire ) |
Apps | 10/10 | Android and iOS |
Streaming | 3/10 | Few streams |
Sign-up and support | 8/10 | Registration consists of three steps. The support is fast, but not 24/7 |
Legal information | 8/10 | Legal info could be presented more conveniently |
Navigation | 9/10 | The website is very easy to navigate. Only the betting coupon takes up a large part of the screen when opened |
Screenshots
Matchbook video review
Free Bets & Promotions
On the website, you can take advantage of the Free bet offers and promotions to both its existing and new customers. In the next sections, we’ll outline two Welcome bonuses, as well as a promotion that is currently available to existing players.
Sign Up Offer
#ad / 18+. New account holders are eligible for a special deal where their initial wager, if not successful, gets refunded up to £20. Additionally, they earn 20 Free spins on Starburst once their initial stake has been settled. This offer necessitates that wagers are made at minimum odds of 4/5 (1.80) and through the Matchbook Exchange interface. Full T&Cs apply. www.begambleaware.org
How to get the bonus:
- Create a new account with the special code “MB20”.
- Place your first bet at minimum odds of 4/5 (1.80).
- If it loses, your stake will be refunded as a single Free bet.
- Receive 20 Free spins on Starburst, and the refund amount will be credited to your account within 72 hours of the qualifying stake settlement.
- Multiples (double, treble, Lucky 15 etc.) are excluded from this offer.
- The bet must be placed within 14 days of registration to qualify for the Welcome package.
- The maximum refund that can be paid is £20.
- This Free bet and spins deal cannot be used in conjunction with any other Welcome incentives.
#ad / 18+. All new customers get 0% commission on all sports for 120 days. This promotion only applies to Exchange platform users who access the Matchbook through customer interfaces (websites and mobile apps). Skrill, Neteller or paysafecard are excluded from this campaign. Full T&Cs apply. www.begambleaware.org
How to get the deposit bonus:
- Sign up using the promo code “COMMFREE110”.
- Add funds using a debit card.
- Enjoy the reward in the form of 0% commission on all sports for the first 120 days after signing up.
Matchbook bonus terms & conditions:
- New customers, who create an account using bonus codes and making a deposit, will have their account commission rate set to 0% for the first 120 days.
- Punters who sign up from Outplayed, Oddsmonkey, Matched Betting Blog or Team Profit are excluded from this promo.
- Users making their first payment by Skrill, Neteller or paysafecard will not qualify.
- This promotion cannot be used in conjunction with any other Welcome offer.
Matchbook Existing Customer Promotions
This bookie usually doesn’t place regular promotions on the main page, but if you registered, you will receive them by email from time to time. For example, right now existing customers of Matchbook can use Friday Free bet.
#ad / 18+. For using it, you should bet at least £50 in total during the promotion period (a week). You will receive £5 or £10 depending on the total amount of your bets. Full T&Cs available at https://www.matchbook.com/. www.begambleaware.org
Odds
Betting exchange operates differently from traditional bookmakers and it’s not possible to calculate the margin in the same way. The odds here are determined by the supply and demand of the market, rather than by the bookmaker’s own calculations. Therefore, the commission charged by the platform on net winnings and enhanced specials represents their revenue. The commission is charged on net profits, which is the difference between the amount won and the amount lost, and on enhanced specials.
Matchbook charges a commission of 2% on net winnings and 5% on enhanced specials.
In the Matchbook Zero section you have the best possible odds (0% margin), which is an impressive offer, but there are not so many to choose from — just a few football matches and horse races. Also you can’t bet more than £20.
Anyway, often you will get better odds in comparison to classic bookmakers. For instance, consider the EPL match Fulham vs Aston Villa.
Example. At the moment of writing, we have odds of 3.1 for Fulham, 2.38 for Villa, and 3.8 for a draw at Matchbook. Ladbrokes offers 19/10 (2.9) for Fulham, 5/4 (2.25) for Villa, and 5/2 (3.5) for a draw. Assuming we bet £100 and win, backing Fulham at Matchbook would yield £310 – £6.2 (2%) = £303.8, compared to £290 from Ladbrokes. Backing Villa, we would have £238 – £4.76 = £233.24 at our guys, with £225 from the breeders. In the event of a draw, we collect £380 – £7.6 = £372.4 at exchange, while mr. Red brings us £350.
As you can see, in this case we get paid better for any outcome.
What to Know About Matchbook
This company is not a traditional bookie, since it operates as a peer-to-peer betting exchange and has been active in the UK for almost 20 years (although not permanently — they had their licence revoked for a few years). In the following sections, we’ll examine the history of Matchbook and their key features.
History
This betting exchange is owned by Triplebet Limited, a company registered in Malta. This entity is licenced and regulated by the Malta Gaming Authority and the UK Gambling Commission. The company was founded in 2004 and has since grown to become a popular choice for punters around the world.
Matchbook Betting Key Features
These are some key features you’ll probably like:
- Brokerage service. Punters with high stakes can place a bet which is not available at Matchbook with the help of the bookie’s broker. He’s making a deal with one of the counter-parts and placing your bet somewhere else, and you can see it in your account.
- Podcasts. Expert overviews of past matches are available for listening.
- Betting exchange. Here you can find some of the UK’s best odds, as there is no margin. However, there is a 2% commission on net winnings and a 5% commission on enhanced specials.
Sports and Markets
Here you can wager on the following sporting disciplines:
- UK favourites: cricket, golf, rugby league, rugby union, snooker, football, tennis
- Major American sports: American football, baseball, basketball
- Racing: horse racing, greyhounds
- Winter sports: ice hockey
- Non-sports: politics
Let’s take a look at the three UK major sports.
Football
Championships from 20+ countries are available, amongst them are top leagues — the English Premier League, Ligue 1 (France), the Serie A (Italy) as well as lower leagues — the Super League (China), Stars League (Qatar). There are also international tournaments, such as the Champions League, Europa League, Conference League, Copa Libertadores, Copa Sudamericana. The main betting types are handicaps, totals, correct score, halftime/fulltime, double chance.
Rugby
You can wager on all the major rugby competitions. The choice is the same as at other betting sites.
Golf
Matchbook’s selection of events includes all the big events but, the same as with rugby, which you’ll find particularly depends on the season. Right now it’s only the outcomes of US Masters 2024, later should be more. Among the betting types, only winner, top 5 finish, top 10 finish are common.
Matchbook In Play Betting
Live betting section is quite limited, with typically several matches, but less than we get used to seeing. Sometimes there might be no live events at all.
Matchbook Streaming
There are not as many broadcasts at Matchbook as some rivals can offer, but you can watch some events from time to time.
Matchbook Payment Methods
Money transactions are handled through a couple of methods, including Visa/Mastercard, Neteller, Skrill, and Bank transfer. The minimum deposit/withdrawal amount for Visa/Mastercard, Neteller, and Skrill is £10. Processing time frames range from 1 to 5 banking days.
Regarding bank transfers, it is not possible to add funds into your betting account, only withdrawals can be made. The minimum amount that can be taken out is £500, and it takes 3-5 days for the request to be processed.
Name | Deposit Amount | Withdrawal Amount | Withdraw Time |
---|---|---|---|
Visa / Mastercard | £10 min – £1000 max | £10 min – £20,000 | 1-5 days |
Neteller | £10 min – £1000 max | £10 min – N/A max | 1-5 days |
Skrill | £10 min – £1000 max | £10 min – N/A max | 1-5 days |
Google Pay | £10 min – £1000 max | £10 min – N/A max | 1-5 days |
Bank Wire | – | £500 min – N/A max | 3-5 days |
How to Make a Deposit
Here is a detailed guide on how to add funds to your balance:
- Log in to your betting account.
- Click on the “Deposit” button located in the top right-hand corner of the screen.
- Select your preferred payment method and add the details.
- Go through the identity verification process, if you haven’t done this earlier, by providing any requested documentation.
- Click on the “Continue” button to process the transfer.
- Your funds will be immediately added to your balance.
How to Withdraw
To remove funds:
- Log in to your betting account.
- Select “Payment Methods” from the Account drop-down menu.
- Choose a payment method — Visa / Mastercard, Neteller, Skrill, bank transfer.
- Enter the amount and confirm.
There are no additional fees. You may need to verify your identity during the initial withdrawal by providing personal information to the bookie.
Matchbook App
The mobile apps work on both Android (Google Play) and iOS (AppStore). However, access is restricted to certain regions due to regulatory reasons. To enable access, location services must be turned on in the phone’s settings, with the “Matchbook” option turned on. The app uses GPS to block usage from restricted regions. The functionality is the same as the bookmaker’s site, with sections for sports betting, casino, live casino and virtual sports located at the bottom of the screen. The “My Bets” tab, which displays all stakes, is located in the top right corner of the screen.
Android | iOS | |
Systems | 4.1 and above | 13.0 and above |
App size | 23 MB | 37.7 MB |
Automatic login | Fingerprint login | Face ID |
Available in PlayStore and AppleStore | + | + |
Sign Up Process
To register with Matchbook, you need to complete three steps.
- Provide your first and last names, date of birth, chosen nickname, email, password, and bonus code, then click on the “Next” button.
- Enter your country of residence, address, city, postcode, and phone number.
- Set up a secret question and answer, agreeing to receive advertisements from the bookmaker, and confirming that you have read the rules. Click on the “Join Matchbook” button to complete the registration process.
Then log in and take advantage of the Welcome promotion.
How to Bet at Matchbook
Here are step-by-step instructions on how to place a wager:
- Deposit funds into your account.
- Choose the discipline and match.
- Select one of the sports markets you are interested in.
- The betslip will open. Set the odds you want and stake amount in it.
- When it’s done, you’re in the game.
How to Cash Out a Bet at Matchbook
It is worth noting that Cash Out is only available in the Matchbook Exchange, any bets placed in either Matchbook Zero or in the Virtual Sports area can not utilise this feature. Furthermore not all bets can be cashed out at all times, it is dependent on lay odds being available and also if the game is available “in play” (should you wish to take your bet back whilst the event is taking place).
- To Cash Out your bet you must go to the relevant market where you placed the bet originally, this is the only area it can be done from and you will see a small Green symbol next to your live bet.
- Click on this to see the current status and your options. Note that the feature will not be available whilst the market is suspended, for example if a goal has just been scored or a penalty is about to be taken. The value of the bet is clearly on this screen and you have the chance to review it and decide if this is what you want to do.
- It will actually update as you are watching as the odds continue to fluctuate and only if you again press the large red button will the Cash Out be actioned at the price on the screen at that very moment. In this example the original bet was on Manchester City to win but as the game has progressed and is now well into the second half, the option to back out of the bet now by using Cash Out is there, and it can be done for a 6p or 7p loss rather than a £1 loss.
- Once you have clicked the button again you will get a 5 second count down timer, before it is confirmed. As we mentioned previously if in this short window there is a game defining incident, in order to prevent what is known as “Court Siding” (which means people being at the game and having more up to date info than the bookmakers) the Cash Out will be rejected. This is possible but in reality only very rarely happens.
- The countdown will almost always go to zero and you will get the little blue “Success” button. Now the new Net results on the outcomes will be displayed in red if it is a loss or green if it is a profit. All results will now be the same or within 1p of each other. In effect, the bet is over, your result is now locked in, whatever that may be.
Security
Matchbook is a secure bookmaker that takes several measures to ensure their customers’ safety. Triplebet Limited is licenced and regulated by the Gambling Commission under account number 39504. The website also uses several emblems, including the Alderney Gambling Control Commission, GamCare, GamStop, Take Time To Think, and 18+ to promote responsible gambling.
Two-factor authentication (2FA) is an additional security measure that punters can use to protect their account. This feature uses a third-party application and a one-time password to provide additional login authentication.
Moreover, they use SSL technology, which ensures that all transactions are secure and encrypted. This technology protects customers’ personal and financial information from unauthorised access and ensures that sensitive data is kept confidential.
Customer Support
In case you encounter any issues with the bookmaker you can contact it through their live chat. Although it is not available 24/7, the response time is quick, and there are no chatbots. Alternatively, you can also opt to send it an email.
- Live chat: 9 AM-3 PM (daily)
- Email: support@matchbook.com
Matchbook Betting Tips and Tricks
Here are some tips from Match.Center to help make better wagers, both general ones and specified for Matchbook exchange.
General betting tips
- Consider sports that you’re familiar with. Keep in mind that there are a limited number of sports, so if you enjoy betting on Esports, you won’t find any such markets here. Similarly, if you prefer football, it’s not advisable to try to recoup your losses by staking on cricket matches that you know nothing about.
- Analyse the match carefully. While the bookie doesn’t provide advanced statistics, you can listen to their podcasts where they discuss past matches. By doing so, you may gain valuable insights.
- If you’re a busy person who still wants to bet on sports markets, downloading the Matchbook mobile app is a convenient solution. It’s available for both Android and iOS devices, allowing you to be involved anywhere at any time.
Matchbook specials
Use zero margin if you can. If you like to bet on football or horse racing, it’s almost a crime to miss the opportunity to bet with zero margin in the Matchbook Zero section. Too bad there is a very limited selection of events, but with the best possible odds since the bookie doesn’t set any margin in these markets. But don’t do it if you have not a clue about what’s happening on the football fields and turf. Lack of knowledge may overcome even the greatest odds, although a tank of knowledge doesn’t guarantee anything because, you know, betting.
Find better odds. The odds at exchanges are better the closer to the start of the event. If you have this particular time free, don’t bet earlier.
Matchbook Frequently Asked Questions
Is Matchbook Trustworthy?
Yes. The bookmaker is regulated by the UK Gambling Commission (account number 39504). The bookmaker also uses an additional security measure called “Two-factor authentication (2FA)”. You can use it (optionally) if you are concerned about the possible unwelcome access to your account.
How To Place A Bet at Matchbook?
Firstly, add funds to your account, then choose the sport and match you want to place bets on. Pick one of the markets you’re interested in and click on the corresponding odds. Enter your desired stake amount in the bet slip and to confirm your decision.
Does Matchbook Do Cash Out?
Yes, you can use cash out. Above in this article we drew the process in detail.
Is There A Matchbook app?
Yes, their mobile betting app can be downloaded on both Android and iOS devices from the respective online stores. The program requires access to your GPS location upon opening, so if you’re not currently in the UK, you won’t be able to use the bookmaker’s app.