Matchbook is a no-frills, no-messing-about sports betting exchange. It's run by Triplebet Limited, a company that is registered in Alderney, in the Channel Islands. It is licensed in the UK by the UK Gambling Commission. Matchbook have been online since 2013, and offers UK customers a 'barely noticeable' commission rate of 1.15 percent.

 £500 Refund for Exchange For FIVE Weeks! (T&Cs apply)

Matchbook Review

Matchbook is like Betfair and Betdaq in that it is a betting exchange, rather than a sports book. You win money at the site from your fellow punters rather than the sports book itself. For all events, you can choose to 'bet' or 'lay'. If you bet, you win if the event happens (such as Barcelona winning the Champions league), and if you lay, you win if the event doesn't happen. You will be offered odds for betting and laying, but your stake will be amount you lose if you lose your bet. For example, if you lay Barcelona for £100 to lose at odds of 2.10 (11/10) then you will lose £110 if your bet loses. You will win £100 if it succeeds.

Sporting betting exchanges are popular with serious sports betting enthusiasts as the odds at such sites are typically more favourable than sports books. This is because the sports betting exchange cannot lose – it makes its money by charging a commission on each winning bet made – in Matchbook's case 1.15 percent.

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Promotions

All newcomers to Matchbook's betting exchange can take advantage of a commission refund over the first five weeks of their membership of the site, up to a maximum of £500.

The commission is a small amount (or percentage) of cash that you pay when you place a bet at the site. It is usually between one percent and three percent, depending upon the market you are wagering on. With this newbies deal, you can get all your commission back during the first week of your membership, up to a maximum amount of £100. This money is paid to you directly as cash, and not as bonus money or anything else.

This offer repeats each week for five weeks so you can claim back up to a grand total of £500 in commission fees. This offer though is only open to sports bettors whom make their first deposit at the site using a credit or a debit card - no eWallets allowed for this promo!

You must be registered in one of the following countries in order to receive this bonus offer: Australia, Austria, Denmark, Finland, Germany, Ireland, Japan, Netherlands, Slovenia, Sweden, Switzerland, and the United Kingdom.

Follow Matchbook's latest promotions here on LatestBettingSites.

Markets covered

  • Aussie Rules
  • Baseball
  • Basketball
  • Boxing
  • Cricket
  • Football
  • GAA Football
  • Golf
  • Horse Racing
  • Ice Hockey
  • MMA
  • Rugby League
  • Rugby Union
  • Snooker
  • Tennis

The site also has access to financial spread betting, plus an online casino with both slots and casino games.

Site design

We described 'Matchbook' as a no-frills site in our introduction. If you like sites with flashy graphics and 3D animations then you won't be excited about what's on offer here. However, if you're only interested in finding matched bets to place on all the major football matches, horse races and other sporting events then you will really enjoy Matchbook. It's a no-nonsense site that concentrates purely on being an expressly useable betting exchange.

If you do like a little more colour then you can always head to Matchbook's casino option which is an altogether more picturesque affair!

Cashier options

You can use your Visa credit or debit card to fund your sports betting at Matchbook. The site does not accept MasterCard, but it does accept Skrill, Neteller, InstaDebit and Paysafecard. Once you have registered your chosen deposit method and made a deposit, the process is virtually instantaneous. The site accepts funding in UK pounds and US dollars, and the minimum deposit is £/$25.

You can withdraw to the same methods as above, aside from Paysafecard. You can also withdraw to your bank, but there are fees involved if you do.

Conclusion

Matchbook is not for the faint-hearted, and that's fine as it is not supposed to be. If you're expecting an easy ride into matched betting or a betting exchange here, then prepare to be shocked. This site is designed to be used by experienced betting exchange aficionados.

The benefits of a betting exchange are obvious – better odds, for a start – so it is likely to be in your best interests to use a betting exchange like Matchbook rather than a sports book. Just make sure you're sure what you're doing first.

Pros and Cons

  • 'Different' design
  • Great for serious sports bettors
  • Some casino games
  • Some may not like the betting exchange idea