New customers only, 18+, withdrawal and Deposit restrictions apply, time limits apply, Any bets placed may be back bets or lay bets at any odds, customer eligibility at Matchbook's discretion.
Matchbook Betting Exchange
£10 Free Bet PLUS lowest commission exchange for Horse Racing
Matchbook are a leading Sports Betting Exchange that allow customers to back and lay when it comes to a massive range of sporting events.
All customers can enjoy 1.5% commission when it comes to horse racing. This means that Matchbook will allow you to keep 98.5% of your net winnings that are made from exchange bets as opposed to the usual 5%.
Matchbook are especially strong when it comes to football, horse racing, tennis, golf and basketball, although they cover many more sports and there is often good liquidity when it comes to the betting markets you are choosing.
How Matchbook works
A betting exchange like Matchbook gives customers more choice than a fixed-odds bookmaker such as bet365 or William Hill.
Effectively you are betting against other people rather than against the bookie. You can choose to be a “backer” and bet in the regular way or become a “layer” and effectively act as a bookmaker by accepting someone else’s bet on the other side of the market.
In addition, you don’t have to “back” or “lay” at the prices you find on the Matchbook website. You can request bigger odds for your bet in the hope that someone will match your price request.
Matchbook Welcome Free Bet
When joining Matchbook, you are entitled to a Free Bet worth £10. Simply register using the exclusive links on this page, make an initial bet of up to £10 and if this bet loses, Matchbook will give you a refund IN CASH of up to £10! Simple as that.
How much can I bet at Matchbook?
It comes down to your sports betting market. For example, the 2018 Champions League final between Liverpool and Real Madrid saw massive sums of money matches on the Matchbook exchange, so you could bet up to £2,000 on the Reds at a best price of 3.2.
However, some of the other betting markets for this match might have less liquidity, so you might find worse odds and less money available for some of the other markets.
You can also do something called “trading” at Matchbook. This means that you might place a “back” bet at odds of 11.0 and then potentially “lay” at a shorter price, thus securing a profit whatever happened.
Can I trust Matchbook?
Yes you can. BettingExchanges.com only work with reputable sports betting exchange companies and Matchbook offer a very viable alternative to betfair, especially as they often go 0% commission which means there is no commission to be paid on your winning bets.
Matchbook have head offices in London and Cork, with this forward-thinking company aiming to end the dominance of betfair.