Matchbook bonus code: MAXSPORT
Matchbook offers numerous games to bet that include football, baseball, basketball, boxing and other games consisting of rugby, soccer and tennis along with horse racing and cricket. What makes betting here so interesting and so inviting is the Matchbook bonus code MAXSPORT– standard bonus that offers great incentive to first time players as well as returning players.
The Matchbook bonus code MAXSPORT along with the Matchbook betting opportunities are a great incentive for players who want to enjoy betting without paying too much in form of commissions and want to win quickly and swiftly without any hassle.
As the trend for online gaming and betting is increasing, betting exchanges are becoming very popular among the masses and newer and better exchanges are surfacing on the internet that are offering enhanced betting opportunities to game enthusiasts.
With thrilling and exciting games and lowest commission rates, Matchbook is the best sports betting exchange that claims to provide players a competitive advantage over betting with other bookmakers in the industry. Working hard to provide nonstop entertainment to its customers since 2004, Matchbook aims to provide a complete gaming experience to players in the UK market. Players are very happy with the Matchbook bonus code MAXSPORT as well as the matchbook betting policies that provide them great gaming opportunities.
Opening An Account
To claim the Matchbook bonus, you should follow these guidelines:
- Potential new account holders click on a blue box containing the words ‘JOIN NOW’.
- This link then displays a page on which to create a account by entering personal and account details.
- Users must specify the answer to a security question but creating a forum screen name
- Entering the Matchbook promo code. The Matchbook promo code is MAXSPORT.
The Matchbook URL is www.matchbook.com and this takes browsers to a Home Page that displays popular markets and a menu of sports. Existing customers must enter their unique combination of Password and Username. There is a procedure if a Password has been forgotten.
Live Matchbook betting
The high quality betting facilities enable players to bet on their favorite games and even against each other. The odds are so better than those offered by other bookmakers that Matchbook has become a favorite gaming spot for gamblers. With only 1% commission, Matchbook not only offers great wining opportunities but also very low commissions rate to encourage players to play without investing too much money in their game raising the stakes to win.
Unlike many of the Australian bookmakers that are operating, Matchbook supports in-play wagering on certain sporting events. Unfortunately, the level of market participation is on the low side, but it is improving every day. The live betting interface at Matchbook is the same as is used on the rest of the site, however, there is a slight delay prior to the wager being accepted.
With lowest commission rates in the industry along with higher liquidity and year around Matchbook bonus code MAXSPORT along with frequent Matchbook promo and betting opportunities, online gaming has just become more interesting and presents the best online gaming opportunities for players who want to gamble and win the easiest way.
Major leagues and sporting events
Matchbook offers live inplay betting on most of the major leagues and sporting events. To check out the events that are taking place at a time, the players just have to click the Live Betting tab that is available at the top of the market panel and they can check out every event that is going in play at Matchbook.
The actual sports that are offered for betting will vary at Matchbook and this will depend on the season and what other players are offering for p2p bets. The main sports are available at all times and there are some major betting events that are covered. At any time, bettors can find options to bet on football, basketball, boxing, hockey and even huge events like World Cup games and the Olympics.
For gambling enthusiasts who want to stay connected to Matchbook even when they are away from their computer, Matchbook brings the simplest solution. They can download the Matchbook betting app on the smartphone and stay connected to their favorite games and receive updates on what is happening and bet at the right time as well as check out the best Matchbook promo for better chance to win.
The Matchbook sports menu includes 11 sports, back and lay prices for Esports and odds for current affairs and politics. The first option on the main sports menu is live betting which takes users to a page that displays current and upcoming live events. The leagues and markets for each sport are described below:
For players looking out to bet on major football leagues such as the Premier League to Champions League and major international tournaments such as the World Cup and the Euros, Matchbook betting has everything covered for game lovers and with the Matchbook bonus code MAXSPORT, it is the heaven for game lover.
Football quotes are displayed under the listing of soccer to distinguish association football from American Football. The soccer menu lists 8 European countries, leagues in Australia, the Champions League and Euro 2016. Most bets are placed on matches in England and Matchbook covers the four main leagues but very little more, which compares unfavourably with the range that Betfair offers. Accumulator bets are not allowed.
The Premier League in England is the most viewed and bet on league in the world. Each fixture is covered and an outright market for the team to be the champions. For each match back and lay prices for the Home-Draw-Away market are displayed. A link to view other markets takes users to a limited number of ancillary markets such as handicap, total goals, both teams to score, correct score and half time/full time result. Compared to Betfair there is only a small amount of liquidity in these markets.
Pro football, basketball and ice hockey are the next three sports listed in the sports menu after soccer. These are predominantly North American sports though some minor European leagues are also included. The NFL is the most famous and popular US football competition and at the time of writing was the only league in the pro football section.
Markets cover upcoming matches and lay and back quotes for the winner of each conference and the Superbowl. Back and lay money line markets are displayed for each fixture in the NFL with a link to view the other markets: handicap and totals. Liquidity totals are not huge which indicates the difficulty of entering a market in which one operator has a massive market share.
The NBA is the professional basketball league in the United States and thus the most popular in the world. Matchbook offers odds for the money line, handicap and totals. Customers can trade on the winner of the NBA championship. The NHL in North American hockey gets similar coverage with prices on both sides of the market for the money line, handicap and totals.
Tennis is the second most popular sport for in-play betting and also attracts plenty of betting interest before matches. Matchbook offers quotes for matches on the ATP and WTA Tour and future prices for upcoming major tournaments. The tennis offer is limited compared to Betfair and conventional bookmakers and there is little liquidity in some markets. Other operators cover the minor tours and many more markets.
Back and lay odds are displayed for the two-way winner of each match and a link to view all the markets. Customers can trade on the money line, handicap, totals, first set winner and second set winner. At the time of writing there was no money in the last two markets on the day of the match.
The sports menu also lists the following sports:
- Rugby Union
There is a small number of markets to bet on within each sport. There is scope for Matchbook expanding their offer for the main trading sports and some of the more obscure.
Matchbook History and Licensing
Matchbook is not a typical bookmaker. Instead, it is a betting exchange, where the odds at the site are set by the activity of members and the site takes a commission on these bets. Matchbook has been operating since 2004 and started to operate under new ownership in 2011, keeping the Matchbook name. The site is fully licensed and regulated by the Alderney Gambling Control Commission in the UK as well as by the UK Gambling Commission.
One of the main benefits of betting at Matchbook is that the commissions are low. This site only takes a flat 1% commission on all bets that are placed. The rate of the commission will apply to the Win amount on bets and in regards to lost bets, the commission is applied to the lesser of the bet or the potential win amounts. Over the years of operation, the liquidity at Matchbook has drastically improved and now, Matchbook offers 0% commission on all football Asian handicap bets. If you want to find out more about Asian handicap you can read our Asian Handicap guide.
Platforms Supported – Matchbook Mobile
To enjoy the action of betting at Matchbook, there is a PC and Mobile platform that is offered. Users that have a PC or a Mac can bet with the downloaded site software or through the instant version. The mobile site supports all iOS users as well as Android, Blackberry and Windows users. All site features are available on both the main site and the mobile platform, allowing registered members the ability to place bets at any time. No matter where they are.
Matchbook has a dedicated app for the iPhone, using the same betting software developed for the desktop version. The exchange has made significant updates to the user interface. Since Matchbook introduced their mobile betting platform in 2012 procedure for selecting the currency, moving between markets and placing and accepting bets have become more seamless and streamlined.
All Matchbooks apps have the full functionality of the desktop version. With low commission rates their mobile releases offer a good opportunity to improve market share but the limited amount of markets is a negative. Instant display of market liquidity is a significant innovation. Matchbook have strived to make their product including a casino app one of the most powerful gaming apps available.
Once registered at the site, one will simply log into their account at Matchbook. They will then navigate to the sport they wish to place a bet on, which is simple since the site uses a great interface and has easy to use tabs for selecting different sports. Bettors will then select their bet type. One of the easiest bets to be understood is the Match Odds bet, also known as a Money Line bet. This means that bettors will choose what team they think will win. There are many different bet types that can be selected and after one is chosen, bettors will just enter the amount of their bet. The selection will then show up on the Bet Slip, which is located on the right of the screen.
It is now time to review the bet slip and make any changes desired. Once happy with selection, just click on Place Bet to accept and submit the bet. The process of betting is very straight forward and is not a difficult task. The Bet Slip can accommodate multiple bets, so be sure to add all bets before submitting the slip.
At Matchbook, bettors who are new to betting can access a how-to-guide that will simplify the betting process. The difference with Matchbook as opposed to other betting sites is that bets are placed like orders in the stock market. If a bettor sets a price and that price is liked, one can buy.
Minimum bets at the site are $2 and the maximum bet amounts will vary based on the event and the type of bet being placed. The maximum win amount is $250,000.
Variety is what will attract bettors and keep them coming back to a site, but at Matchbook, the variety of betting is limited compared to other sites. There is not an abundance of betting categories. For example, there is no auto racing bets or UFC bets and the site does not support exotic props. The site is a bread and butter site with not much in terms of variety.
When it comes to betting on major sports, there is a no-show of props. This is a downfall that may not appeal to experience bettors. However, new bettors will enjoy the simplicity of the site, which can be beneficial for those looking to gain betting experience. Matchbook only offers straight bets as there are no teasers or parlays offered at the site.
There are some great markets that are covered at Matchbook, including American Football, Ice Hockey, Martial Arts, Table Tennis, Snooker, Volleyball and much more. The most popular bets are placed on soccer games and matches and there are different bets that are offered, including Scores, Handicap, Over/Under, GG/NG and DNB.
At Matchbook, there are six different Odds Formats that are used. These are UK Odds, Decimal Odds, American Odds, HK Odds, Malay Odds and Indo Odds.
Matchbook is one of a relatively new breed of bookmakers that offer a betting exchange. The concept of an exchange is to provide the infrastructure for gamblers with opposing views to place and accept bets. This form of gambling is known as peer-to-peer as customers bet against themselves with no need for a broker or intermediary. The exchange brings together backers and layers.
A traditional bookmaker will make money from the balance between stakes and winnings. Odds are offered with a margin which provides the operator with a theoretical profit. The art of bookmaking is to set and adjust the odds to win money regardless of the outcome of an event. However, the odds makers are dependent on the results of fixtures which could go for or against them.
Exchange bookmakers earn a commission from bets placed in a market when two potential customers disagree. Bets can be matched, partly matched or not matched when they are offered in an exchange. The forces of supply and demand apply. If bettors want to back at a price that price will shorten. If bettors want to lay at a price that price will lengthen.
The key element of the mechanics of an efficient betting exchange is liquidity. This is the amount of money bet in to a market that facilitates back and lay bets being matched. Without liquidity there will not be a sufficient number of backers and layers to form an accurate market. Offering liquidity is a vital factor in the success of a betting exchange. Many opposing bettors prepared to back their opinion creates matched bets and commission for the exchange bookmakers.
Any review of a betting exchange would not be complete without mentioning Betfair. The company provides the most respected and utilised betting exchange in the industry. The Betfair exchange came to the market in 2000 and found a unique place in betting. It allowed bettors to place wagers amongst themselves and create a more interactive and social betting experience.
One of the major obstacles for new betting exchanges is competing with Betfair to attain and keep liquidity. Betfair’s range of sports and markets is the most comprehensive in the industry. The brand name will attract liquidity for the most obscure leagues and fixtures. Bets are placed with and against other people in the gambling community.
Betfair introduced the concept of trading to mainstream betting and other exchanges like Matchbook have followed their lead. In-play betting allows customers to close a winning position to guarantee a profit or a losing position to minimise losses. The exchange bookmaker does not need to write a profit margin into the odds as revenues are made through commission.
Matchbook can’t compete with Betfair on the range of markets and liquidity so tries to attract customers by offering lowering rates of commission. Other new entrants in the market such as Betdaq adopt the same policy but Betfair still dominate the market. Professionals may prefer to trade with exchanges like Matchbook but the general betting public are more likely to bet on the Betfair exchange.
Advertising by bookmakers on commercial TV channels in the UK has only been allowed since 2007. The leading brands are in a better position to spend money on peak time advertising which increase their market share and dominance in the market. Smaller exchanges like Matchbook are thus disadvantaged and find it hard to break out of the cycle. Lower commission rates could be a solution but that could make the business model unviable. Betfair are in a better position to promote free bets and welcome bonuses and attain more new customers.
Matchbook offers a number of promotions and a sign up bonuses for its exchange and casino products. The main exchange welcome offer described earlier in the review is a £10 back and £10 lay Welcome Deposit Bonus. The company also offers a bonus related to the Colossus Bet and a 200% bonus on bets placed on the winner of the English Premier League which at the time of writing had expired. This offer was subject to odds and turnover restrictions.
Matchbook has many casino promotions including day specific offers and ongoing deals. When this review was undertaken the site listed the following casino promotions:
- Cash Back 5% Cash Back Maximum £200
- Welcome Offer: 500% Match Deposit Bonus
- Casino £10 iOS App Sign Up Bonus
- Cash Back Mondays
- Random Tuesdays
- Twitter Spinner Winner Wednesdays
- Reload Thursdays
- Blackjack Fridays
- Skrill 350% Match Bonus
- Casino £10 Free Bet Sign Up Bonus
- 20 Free Spins Offer
- VIP Free Bet
- Casino 150% match Bonus
- High Stakes Welcome Bonus
This range of casino promotions and bonuses is one of the most impressive in the e-gaming industry and compensates somewhat for the limited range of games.
The Colossus Bet
The Colossus Bet is described as offering the world’s biggest sports jackpots that also features partial cash out. The bet inventors are affiliated to Matchbook. Players can wager small amounts with the potential for huge returns on football and the NFL. There are three types of bet that involve a number of selections and payouts between €1,000,000 and €10,000,000 and consolations for getting most predictions correct.
The main bet involves predicting the correct score in a number of English Premier League football matches. During half-time and at the end of each match players with eligible tickets for the win or consolation fund are offered a Cash Out option. The bet can be fully cashed out or just partly which means players can take some winnings but still have a chance to win the jackpot. The cash out option is available on all bets.
Matchbook acts as agents for Colossus Bets and bets placed on the site enter the pool. Sometimes the pool is not big enough to cover the prizes in which case stakes are refunded and neither party are liable. Matchbook can be contacted to address issues related to the Colossus Bet. Specific matches are selected for the bet and players can make one or a number of predictions for each match. Detailed betting rules for the Colossus Bet appear on the Matchbook website.
Rules and Regulations
The Matchbook Home Page has a link to a Help & Learning area which includes detailed rules and regulations. This section documents how the site works and full details of various rules that apply in the case of a dispute. Contentious issues can arise when dealing with people’s money and Matchbook have covered most eventualities if a disagreement occurs. Both parties have responsibilities to conduct business in a fair and transparent way. Matchbook is trying to establish trust in the betting exchange market so must be seen to be acting responsibly. Poor practices would soon be reported online and the proliferation of bookmaker reviews means there is no room for ambiguous business practices.
The guide area is well organised and provides a good source of information for operational and technical matters. The options within this section are categorised as follows:
- Sports Rules
- Market Rules
- Guide to a Code of Conduct
- Responsible Gambling
- Terms & Conditions
- Forum Terms and Conditions
- Casino Promotion T&Cs
- Exchange Promotion T&Cs
Other guide sections within Help & Learning are: Getting Started, FAQ’s, About Matchbook and Customer Support. The company can be contacted by telephone, E-mail, post and Live Chat. The overall help package is one of the most comprehensive in the online betting industry. Matchbook has focused on customers making contact and having access to detailed education and guidance as a way of competing with Betfair who dominate the exchange market.
In order to place bets and win real money, one must have a funded account at Matchbook. Making a deposit is simple and safe and can be done by visiting the Cashier, where bettors will select from a list of supported deposit methods. The site supports six different currencies and most popular payment methods, including credit and debit cards, ewallets like Neteller and Skrill and direct banking methods. When using a credit or debit card, it is possible to withdraw funds back to these cards as long as they have been used for the deposit. The withdrawal process will take between 2 and 5 days. Bettors can also withdraw using a bank wire transfer, placing withdrawn amounts right back into the bank account. There is a minimum withdrawal of $500 to use this method along with a fee of $35.
Most of the withdrawals from a Matchbook account will be processed for free, though some methods will have a small cost, such as the bank wire transfer. Bettors should be aware that Matchbook does not offer any foreign exchange services, so all transactions will be processed in the currency of the current Matchbook account.
The Lounge is a section of the Matchbook website that allows interaction between customers and the site administrators. The betting previews area provides tips and analysis for upcoming sports events. The previews mainly feature golf, soccer and American Football. Each preview includes a tip and a recommended best price. The suggested trades are all back bets but they are linked to the relevant back and lay odds in the sports section of the site. At the time of writing there was no information in the Live Scores section of the Lounge.
Matchbook has a Twitter account with over 23,000 followers as at the start of 2016. The feed is used to promote Matchbook’s products and for betting previews of upcoming events. Other Tweets refer to statistics for future soccer matches and the Colossus Bet which is described below. The Matchbook account follows some of their tipsters and sports betting information providers. There is an extensive range of photos and videos showing key moments in the main betting sports.
Existing users have access to the Matchbook Forum while others can sign up to what is described as the world’s fastest growing betting community. The Forum tries to promote discussion and debate on sports gambling related matters. The Forum is divided into sections on general sports discussion, tips trading and gaming, news and announcements and technical issues. However, across a number of sports and subjects there appears to be only a small number of contributors. The range of Forum topics and posts is much more limited than on the Betfair Forum.
The Matchbook casino main menu has links to table games, slots and video poker. The MB Casino Home Page displays the sign-up bonus that offers up to £50 in free bets which equates to a 500% match bonus but terms and conditions apply. The most popular games appear below the introductory offer with the name of the game, an appropriate graphic and a link to start playing the game.
Players can play for free or select a level of staking which goes from €0.5 to €5,000. Users have access to information about each game which provides a description and rules. The game descriptions are brief and clear and provide a good synopsis of what is involved for new players. The game rules are more detailed and explain the nuances of each game for new and experienced players.
Players bet against the bank in the same way that they would in a bricks and mortar casino. The graphics are clear and the process of placing bets is intuitive. The casino interface is not particularly sophisticated but it serves the purpose of providing a basic casino experience. Matchbook does not have a live casino and the number of games that can be played is limited and other gaming sites feature many more.
Are all transaction secure?
Yes, Matchbook uses SSL, which is used to create private documents over the Internet. This safe technology ensures the protection of financial and personal information, allowing bettors to make safe bets at the site.
What is the commission charged?
At Matchbook, all bets are charged a small commission of 1%. The rate is applied to the amount that is won from bets placed. There are some bets that can be placed with 0% commission as well.
Can anyone open a Matchbook account?
No. Matchbook will not allow users from the United States or France.
Is there customer support?
Yes. Matchbook offers 24 hour support services so that all problems, questions and concerns can be immediately addressed. The site offers email and phone support and there is also a live chat option that is available.
Is there a loyalty program?
At Matchbooks, you will enjoy the lowest possible commissions at all times. So there is no need to offer additional promotions or loyalty rewards. The site does not have a loyalty scheme and there are few bonuses that are offered.
Receive a 100% Bonus of £30
Deposit £30 in your account, and get a £30 Bonus now!