MATCHBOOK BONUS CODE

Matchbook Bonus Code 2020

Matchbook Promotions

In 2020, there are offers and Matchbook promotions to enhance your betting experience. The best thing about betting at Matchbook is the welcome bonus variety. The first step to enjoy this offer is to sign up and add the Matchbook bonus code MAXSPORT.

Matchbook Commission Refund

The Matchbook Exchange offers 2% commission! This offer applies to new customers only, whose bets must be placed within five weeks from their first bet at Matchbook.

As an exchange bookmaker; this operator offers better prices than traditional sportsbooks even when the commission is taken into account. They compete on price so their odds are boosted when compared to other conventional online bookmakers. In placing bets with Matchbook the best exchange odds are displayed and the amount that is available for betting at that price.

Matchbook Exchange

Once registered as a new customer, the first thing required is to deposit and place back or lay bets on any of the markets available in the Exchange.

• Customers must open an account using a promotional link, and deposit funds.
• There are no back bet requirements, meaning bets can be placed at any odds on any market.
• Bets can be placed on all markets in the Exchange.
• Country restrictions apply.
• Further terms and conditions apply.

Matchbook Exchange Bonus Code

Bonus code verified on 25th of September 2020.

Matchbook Casino Bonus Code

The Matchbook Casino Welcome Offer is not available at this time, but new and existing users can still experience a vast array of games at the Matchbook Casino.

Matchbook Introduction

The internet has taken the world by storm! Betting exchanges have become very popular and it is now extremely straightforward to bet online. Matchbook offers some of the lowest commission rates and easy to understand features when you bet online.

If you have been facing problems and frustration with old and heavily used betting exchanges, if you hate the unnecessary commission penalties and have become tired of paying premier charges, have a look at Matchbook. Enjoy a high class and luxury betting experience.

Matchbook is an exchange bookmaker. It means that they provide facilities for customers to place and take bets. A small company first developed the concept. It was then purchased by Betfair who now dominates the market. Several other traditional bookmakers have tried to promote an exchange but without success. There is clearly an appetite for betting exchanges but new entrants to the sector will always face the challenge of winning market share from Betfair.

Matchbook entered the sector in 2004. They rose to prominence when UK investors acquired them in 2011. They are trying to get some of Betfair’s market share in the exchange market. One of their main tools to do so is their very low commissions. In the areas of languages, currencies, payment options and sports events Matchbook is inferior to Betfair.

Exchange Betting

Matchbook is involved in the exchange betting industry. It has only been around since the start of the millennium. A betting exchange is a place where backers and layers mainly of sports events meet. There are a number of differences between a betting exchange and a conventional bookmaker:

• Customers can take bets on the outcome of an event in addition to betting that something will happen with other users of the site
• Exchange betting lends itself to in-play trading as backers and layers can create good or bad positions while an event takes place
• Customers can close bets before expiry to guarantee a profit or minimise a loss
• Betting exchanges make money by charging a commission on each transaction
• Bets are only restricted by the meeting of a backer and a layer at an agreed price for an amount specified
• Odds are expressed in decimal format by default and not in fractions. However, you can select other types in the Display Settings that also include language and currency

Customers who use betting exchanges can back and lay (take a bet) on an outcome. The betting exchange is a broker and does not make any decisions about accepting bets. An operator provides the facilities for backing and laying and brings together both parties. Matchbook is a recent addition to the sector and offers exchange rather than traditional betting. The major obstacle for entering this market is liquidity which is the amount of money bet into a market. The greater the liquidity the better the chance of matching bets. Betfair again dominates the exchange betting market.

Commissions

Matchbook charges 2% commission on each bet placed which is much lower than the commission Betfair charges. The rate applies to the profits on a successful bet, both back and lay. Losing bets are also subject to a commission which is calculated on the smaller figure between the stake and potential profit or liability.

From August 7, 2019 customers in the UK and Ireland have been charged a rate 2%. The thinking behind this premium is that many British and Irish exchange bettors use Betfair which has a complex commission structure but in all cases, the rates are around 2%. Matchbook rewards customer loyalty with better rates.

These customers also have access to traditional bookmakers that charge no commission but compensate by offering lower odds. A UK and Ireland customer has plenty of betting choices so can use an exchange with better odds but pay commission on back and lay bets. Matchbook has no interest in the outcome of events as commission earnings are based on volume.

Competitive commissions are part of the Matchbook business plan as they cannot compete with Betfair with regards to the amount of money in a market and the range of events.

Sports Betting

An exchange is more suited to betting on sports than horse racing. In the UK the traditional betting medium was racing. Before the growth of sports betting most bets taken by British bookmakers were for racing. Traditional cash betting offices mainly took bets on racing. Greyhound racing was also popular but sports betting opportunities were limited.

Sports betting has boomed in the last 15 years and sports are suited to backing and laying through an exchange such as Matchbook. Soccer accounts for about 50% of all sports bets. This share of the market is reflected in the football leagues and matches Betfair covers. Matchbook is currently not able to compete with Betfair in terms of the range of leagues. However, its football offering is constantly evolving and improving.

Tips

The Matchbook sports menu includes 17 options. It consists of 15 sports, current events and politics. Football appears at the top of the menu and its position reflects the amount of money wagered on this sport. The sub-menu lists 13 countries, covering the main football leagues in Europe and South America. Odds are listed for the UEFA Champions League at the bottom of the menu. Other sports are further down the list.

Matchbook Tips

Our Matchbook Tips and odds are provided by bettingexpert tipsters. Make sure you have the most up to date odds by checking the Matchbook website first.

English Premier League

The English Premier League is the most popular football league in the world for betting. Punters can watch games across the world and it attracts huge television audiences and betting in Asia. The EPL is the richest in the world due to significant TV deals. The clubs can pay the highest wages and attract the best players. The footballing talent helps audiences grow and the cycle continues.

Matchbook offers odds for the Premier League, Championship and League 1. The upcoming matches are covered with back and lay odds for the 1X2, handicap and totals. Back odds display in blue and lay odds show in pink. A range of back and lay prices display in boxes that also contain the liquidity. The number of markets is limited to three so there is plenty of scope for development in this area.

Liquidity

The key to any successful exchange market is the amounts bet on the exchange. If customers’ bets are consistently unmatched there is a flaw in the business model. The levels of liquidity for Betfair football markets is significantly greater than for the equivalent markets on the Matchbook website. Back and lay odds are available for the main leagues in Spain, Germany and Italy, in addition to some minor European leagues and the main leagues in Brazil and Argentina.

Tennis

Across all forms of internet betting, tennis is the second most popular sport, especially for live betting. Odds can fluctuate from point to point and tennis is a great trading sport. Both players can be the favourite over the course of just a few points. Matchbook covers the main men’s and women’s tournaments with a full range of matches and a limited range of markets, generally only covering the winner of the match. Betfair has a much more extensive range of tennis markets.

Tennis is another sport in which Matchbook cannot compete with Betfair who offer a much more extensive range of tournaments and matches. Liquidity in tennis matches is relatively small on the Matchbook website so traders look elsewhere when backing and laying after each point in a match. Breaks of serve cause significant price fluctuations and trading is only feasible when there is plenty of liquidity in a market.

Matchbook also covers the following sports:

• American Football
• Baseball
• Ice Hockey
• Rugby Union
• Golf
• NCAA Football
• Basketball
• Cricket
• MMA
• Boxing

Live Betting

Exchange bookmakers such as Matchbook are tailor-made for live betting. This involves placing bets during an event as the scoring changes. In the past, a market would close when an event began and the customer was not able to close a bet or be paid before expiry. In the current betting environment, it is now possible to back or lay something happening until the conclusion of an event.

When betting in-play, customers must accept a delay between the point at which a bet is placed and when it is accepted and entered in the system. The delay is due to the fact that some customers may have access to scoring changes slightly ahead of others betting into a market. Consequently, bets that have not been matched due to a change in the score are cancelled which makes for a fairer system. Matchbook applies a time delay of between 1 and 10 seconds.

When a customer places a bet, the odds can move in their favour as the event progresses. Conversely, the odds can work the other way and go against the bet. In any market, a change in odds will benefit some customers and handicap others. Matchbook offers a cash out facility which guarantees a profit or minimises a loss.

You can cash out part of a bet, leaving the rest to fluctuate depending on how an event develops. Traditional bookmakers now also offer a cash out option during a live event. Matchbook automatically calculates returns to generate the same profit or loss regardless of how the odds pans out at the end of an event. Football and tennis are by far the most popular live betting sports.

Asian handicaps

Asian Handicap betting is a form of betting on football. The aim is to offer competitive two-way markets by applying a start in goals to the weaker team. This type of betting takes the draw out of the equation and creates markets for which there are only two outcomes. The purpose of an Asian Handicap is to attract two-way interest and prices move based on the weight of money bet into each option. They can be applied to any football match and the odds on offer are derived from the odds in the three-way market.

Single and Two Option Asian Handicaps

Matchbook offers a full range of Asian handicap betting opportunities for their football leagues and matches. Asian handicaps are available in the form of a single handicap and two handicaps. The latter offer two lines and customers are betting on both with half the total stake for each line. When betting on half-goal handicaps a bet is either a winner or loser and it is not possible to score half a goal. Full goal handicap betting can result in ties and all bets are refunded. These are less popular as customers and Matchbook prefer an actual outcome rather than the return of all stakes.

Matchbook Guide To Asian Handicaps

The Matchbook website includes a useful guide to Asian Handicaps with an explanation and illustrations of each type. Customers can back or lay in these markets and can close bets during a match by using the cash out facility or placing counter bets to guarantee a profit or minimise losses. A one goal swing in a soccer match has huge implications for Asian Handicaps.

Asian Handicap betting is so called because it was traditionally offered by bookmakers based in Asia where stakes can be huge. Bookmakers will accept these bets because the margins are in their favour and they can attract two-way money. Price fluctuations can be made in an attempt to balance liabilities.

Matchbook does not offer conventional handicap betting for soccer matches as the Asian Handicaps are much more popular in Asia but also around the rest of the world. UK customers prefer normal handicap betting but elsewhere there has been a growth in the Asian version. Live televised matches, especially from England, generate huge amounts of Asian Handicap betting.

Matchbook App

Matchbook offers applications for iOS and Android. Regulations determine that the app can only be accessed from certain regions. Mobile users need to have Location Services on their phones switched on in order to use the Matchbook app. Once this has been installed customers must restart the application and reinstall the app so that Location Services work correctly.

Matchbook has also recently introduced a brand new product which is the third version of their mobile apps for iPhone and Android. Surprisingly, it is not a regular update but a completely new thing. With a new version of their mobile apps, Matchbook aimed to enhance the overall user experience by redesigning and improving navigation, as well as speeding up the process of loading markets. The outcome is a straightforward and clear interface which allows for a quick browsing and having a single overview of wallet balance, bets, or insights.

For all devices internet connection via Wifi or 3G/4G is required. Once the app has been downloaded the full functionality of the desktop version is available on mobile devices. Customers can trade events in running using the mobile application. Customers should be able to use a Matchbook bonus code, should one be necessary for a Matchbook Sign Up Offer through the app. Check back to see when a sign up offer is available.

Matchbook Insights

The Matchbook Insights is a relatively new feature on the website and includes the following options:

Betting Previews

It includes previews for the main events in the following sports:

• Golf
• Football
• Rugby Union
• Horse Racing
• American Football

The betting previews include a statistical analysis for each match, goal line stats for football matches and a prediction with some commentary. For each preview, there is a recommendation comprising the outcome and odds on offer with Matchbook.

Live Scores

Markets that can be bet through the Matchbook site are covered for live scoring. There is a link from the live scoring part of the site to the exchange betting markets for each match. The Bet Slip, unmatched bets and matched bets are displayed for a logged in customer within the lounge area. Customers can check bets before placing them. This option allows bets to be reviewed before confirmation. This facility can be turned On or Off at any time by selecting or de-selecting the option.

Twitter

Matchbook has a Twitter account using the name @TeamMatchbook. The tweets include exchange betting advice and guidelines and sports betting news. Relevant entries are retweeted and tweets are added on a daily basis. The Matchbook Twitter account also includes Who To Follow and Trends. The page also displays followers you might know and 23k worth of photos and videos.

Forum

Existing customers can login using their account details to join what is described as the world’s fastest growing betting community. The Forum invites comments in regards to general sports news, betting developments for the main betting sports and advice on how to use the Matchbook website and mobile version. The Forum page also displays the Bet Slip and all unmatched and matched bets. Forum comments are added by Matchroom staff and customers. The number of comments, latest entries and the time since the last entry are displayed. Users can scroll down a list of the current Form topics which date back about six weeks.

Customer Support Test Result

Matchbook is the winner of our Customer Service Test in which we chose 10 influential bookmakers and tested the actual helpfulness of their helpdesk. Thanks to an exceptional time of response, helpfulness and admirable availability, the betting exchange placed first in this test.

There were minor point losses and the score is far from perfect. But in the test, we decided to be hard on purpose and Matchbook turned out to be the most successful.

Contact

Matchbook can be contacted by telephone, Email, Live chat and post. The contact page also includes links to the licensing authorities and organisations that deal with problem gambling. This page includes logos that can be selected to direct customers to Matchbook’s Facebook and Twitter accounts.

Matchbook Bonus Code FAQ

In this section, let’s take a look at some of the frequently asked questions regarding the Matchbook sign up offer and the Matchbook bonus code.

What is the Matchbook Bonus Code 2020?

The Matchbook Bonus Code 2020 is MAXSPORT. Further Matchbook sign up offers will be periodically available around large sporting events in the UK.

What is in a Matchbook Review?

Matchbook Review provides a detailed overview of this online gambling platform. First of all, we discuss whether or not there is a welcome bonus offer for the sports section, but we take into account other available promotions as well, particularly those for the online casino.

You’ll also discover all you should know about the whole concept of Matchbook as an exchange bookmaker, its existing betting options, quality of odds and bet types. See what to expect from the operator’s mobile app, customer support and live betting option.

What if I have problems claiming the Matchbook Sign Up Offer?

In case you encounter some problems while claiming a Matchbook Sign Up Offer, should one be available, make sure to contact the customer support as soon as possible. The efficient team of experts will give their best in order to help you.

Matchbook also contains an FAQ section, so you can first try to refer to the proposed solutions. If you have a question that is not addressed there, feel free to contact the customer support.

Is there a Matchbook Live Chat?

Yes, there is a Matchbook Live Chat that you can access anytime you want. There’s even a shortcut icon on the website’s layout, so you can easily contact the customer support with just one click.

Once you open the Live Chat feature, you should enter your name, your Matchbook username and then select what they can help you with. The following domains are available: Bet Placement, Identity Verification, Login Problems, Bonus Query, Payments, Casino, Feedback, Matchbook API, Responsible Gaming, Account Closure.

Is there a Matchbook Cheltenham Offer?

In the Horse Racing menu, under the Ante Post category, you can find Cheltenham Festival and ante-post bets for one of the biggest horse racing events in the UK.

As you probably know, betting this far in advance brings greater risk, but at the same time enhanced odds. The odds will change over time as the races approach, but if you place ante-post bets, you’ll still get better odds. However, take into consideration the many variables which can affect the outcome of your bet.

How does Matchbook verification work?

Matchbook is known to be a very responsible operator. That’s why it imposes a lot of security measures. One of them is identity verification.

Matchbook requires to check up on the identity of the users and make sure they are over the age of 18. So, once you create your account the company automatically verifies your identity. If your account somehow fails the automatic verification procedure, the company will require you to send them a certain document to prove your identity.

Also, it is possible that during the process of withdrawals you receive an email requesting documentation to verify your identity. Make sure to comply with the company’s requests so that the transaction can seamlessly proceed. You can forward your verification document to their mail address or upload it directly to the Live Chat.

What is Matchbook Commission?

Instead of using margins like standard bookmakers, betting exchanges such as Matchbook charge commission. The good news for Matchbook bettors is that their commission rates are pretty low. The company charges 2%, commission which is much lower compared to commissions charged by other operators.

There’s a simple equation for calculating how much you’ll be charged in the name of commission: ((stake*odds)-stake)*commssion rate

As you can see from the equation above, it’s in the company’s best interest to offer better odds compared to ordinary bookies.

Is there a Matchbook 0 Commission offer?

Currently, there is no such offer. However, keep in mind that for its loyal users, Matchbook often offer even lower commission rates, closer to 0.

How do I use the Matchbook Sign In?

In order to sign in to your Matchbook account, you first need to create it. Complete the registration form with all the required information. It contains four different stages:

1. During the first stage, enter your email address, username, password, phone number, choose the currency for your account and enter the Matchbook bonus code (if one becomes necessary) in order to qualify for an offer, if one exists. This field is optional meaning that if you don’t enter a code (or the one you entered is wrong), you can’t qualify for a promotion.
2. The second stage of the registration form includes the following fields: Title, First Name, Last Name, Date of Birth, Security Question, Security Answer.
3. In the third stage, you should enter your country, city, postcode and address. Check the box if you want to stay updated and receive all the details about new offers and promotions. By clicking the button to proceed your registration you confirm that you are at least 18 years old and that you have read and accepted the operator’s T&Cs.
4. Finally, in the fourth stage, you get to choose your deposit method, and you are able to start using the services of the company.