Betting Exchange Alternative to Betfair – some of the best odds online, combined with low commissions.
New Customer Bonus Available
Free £10 Bet!
Full T’s & C’s Apply | 18+
Matchbook Review and Latest Sign-up Offer
Matchbook is an online betting site, but it is far from the norm in the industry today. Instead of a sports betting bookmaker, Matchbook is a betting exchange community which. Instead of punter vs bookmaker, it’s punter vs punter. That often leads to a better price than you’d get at other bookies and more interesting markets.
Matchbook pride themselves on innovation and technology. The website and mobile app gives members the very latest betting platform, keeping them at the cutting edge of any major developments. Focus is also placed on liquidity and low commission, placing more money in your pocket if you have made a profitable trade.
Licensing & Safety
Matchbook is proudly licensed and regulated for use in the UK by the United Kingdom Gambling Commission. This is a real seal of approval when looking for a new betting service as the UKGC only licensed sites and services that share their passion for fairness, safety and security. If you are looking at opening an account with a new betting firm and don’t see the UKGC stamp on the homepage or anywhere easy to find, chances are they are not regulated, and you should exit the sits ASAP.
Thankfully, we’re delighted to report Matchbook are. As part of this, they are dedicated to offering their members the very best in security and online safety. The latest Secure Socket Layer technology protects your personal details, the encryption service meaning your account numbers are never seen by another person, including the Matchbook staff. A modern firewall also acts as a line of defence. Other security measures can be added, including passwords and unique usernames. You can enjoy the thrill of a gamble at Matchbook with complete peace of mind.
Sign Up Procedure
If you have been toying previously with the idea of joining the Matchbook site or perhaps, after reading our in-depth and impartial review, feel it’s the perfect next move, you’ll be glad to hear there has never been a better time to join. The Matchbook marketing team are running a fantastic new customer welcome bonus. This acts as a reward for choosing Matchbook over the competition in what is a crowded marketplace, as well as an ideal way to try out the site, familiarise yourself with the lay-out and the markets, all without posing too much risk to your funds.
Another added benefit of joining Matchbook today is the registration procedure is quick and simple. It is so easy, in fact, it can be done in a matter of minutes using your desktop computer or mobile device. There are no tricky or intrusive questions and no need to email anything over. Just fill in the required details, entering name, address and postcode, make a deposit and you’ll be ready to start betting, enjoying the many markets, promotions and sports.
Follow the below guide to sign up in the quickest possible time…
- Click any link on this page to the Matchbook site
- Hit the Join Matchbook button at the top of the homepage
- Enter your details, including name, postcode and date of birth
- Create a unique username and secure password
- Download the Matchbook mobile app
- Make a qualifying deposit and bet
- Your account will be active, and you will receive the welcome bonus due
As you would expect from a modern betting website, there are a few options available to members when it comes to funding your account. It’s worth noting that each of the options allow you to deposit funds to your betting account in an instant, they are safe, and you can top up and use the money for gambling in an instant. There is no waiting or pending period. This is great if you have a bet in mind you want to place quickly.
The options available to customers wishing to add funds to their Matchbook account are…
- Credit card
- Debit card
When deciding on your chosen deposit option you should be aware minimum and maximum deposits apply, the amount dependant on your chosen method of funding. The payment account must be registered to the same name as the betting account for the transaction to take place. You can add a cap to your monthly betting deposits to avoid overspending on gambling. Full terms and conditions can be viewed on the Matchbook website and we suggest reading the small print before making your decision on deposit methods. This will help avoid any confusion in future.
Many of the above points are relevant when it comes to explaining the withdrawal procedure. Requested funds from your Matchbook account can be sent to credit/debit card, Skrill and Neteller. Matchbook state that you must verify your betting account before a payment can be made. Your funds may be held until this procedure has been satisfied.
Another important factor to remember when withdrawing funds is Matchbook operate a closed loop system which means any money must be sent back to the same source. For example, if you paid for a bet using Skrill, any winnings would have to be paid to the same Skrill account, they couldn’t go to your debit card. This has become standard procedure in the gambling industry.
All withdrawal requests are typically handled within six hours, but most are dealt with much sooner. After the request has been approved, the transfer is then subject to the standard transfer times. This is usually between 3-5 working days for bank transfers. Some e-wallet services offer instant access to your funds after transferring but may add a transaction charge. It’s worth finding out more about that on the terms and conditions placed on your e-wallet website before confirming. This will ensure you don’t lose any of your winnings to handling fees added by a third-party.
It is possible to cancel a request if you have changed your mind, providing it falls within the normal transfer period. Perhaps you have requested funds to be sent back to your bank account but then change your mind and would like to use some or all that money to make another trade. Simply cancel the transfer and the money will immediately show up back in your betting account balance.
New Customer Bonus
Join Matchbook today, following the above guide as a new customer, and you will receive a welcome bonus. The deal is updated regularly to ensure it stays relevant, ahead of the competition, appealing to customers and fresh. The best way to get a fully up to date check on the welcome bonus is to register and check the promotions page.
Existing Customer Bonus
Matchbook strive to win catch the eye of potential new customers and encourage them to sign up by offering an attractive welcome bonus. Unlike some other bookmakers, they don’t simply forget about you after you’ve registered and used the welcome bonus.
Matchbook’s marketing team understand the importance of looking after those already loyal to the cause – their existing members. That is why, if you check the promotions page, you’ll find a list of recurring offers that’s available to both new and existing customers. This page is updated regularly to ensure it remains in line with the sports schedule and better than the competition.
The best way to get an updated list it to check the promotions tab on each visit. We can get an idea of what to expect, however, by looking at deals that have proven popular in recent times. Matchbook offer existing customers a 2% flat rate commission on all sports. This is much lower than you’ll find at similar betting exchange sites. Lower commission means more money in your pocket should you land a winner.
Quality of Odds
As Matchbook is a betting exchange site, the odds are often better than you’d get with a traditional sportsbook. The reason for that is you are betting against another members, rather than traders. Taking the bookmaker’s profit out of the equation makes for a more accurate price. Sports betting is all about opinions and how strongly you value yours.
If a member is confident their selection will win, they may offer big odds on the alternative. That leads to value if you are prepared to take them on and either back the opponent or lay their pick. Visit any respected odds comparison website and you’ll see Matchbook are often best price on the most popular sports picks.
Bet In-Play Options
Missed the start of a sporting event? There’s no need to worry at Matchbook as you can bet in play. Odds remain live and are updated to match the flow of the contest. There’s nothing out of the ordinary here as you can bet in play with just about every sportsbook. But, there’s a twist. With Matchbook, you can bet in-play – or in-running as it is known – on horse racing. This isn’t something that isn’t possible with sportsbook sites. Watch a race closely and get involved at any point. The odds are constantly changing and updating as the race progresses. This feature can be applied to sprints, but it works best with longer horse races.
Cash Out Feature
Cash out has changed the way we gamble forever, and it is available at Matchbook. At the click of a button, you can collect a profit or limit your exposure on a sporting event. It allows you to turn a loser into a winner or get something back from a bet that hasn’t gone according to plan. The cash out value is available on your bet slip and will rise/fall depending on how well your selection is doing. Time your trade to perfection, click cash out and the profits will be added to your betting account.
Sports Betting Products
The Matchbook website and mobile app is crammed with sports. There is everything here you would expect to find and plenty more besides. Bet on all your favourite sports, including horse racing, football, tennis, greyhounds, boxing and rugby. There arealso many other options, niche markets, such as politics, reality TV and awards. If there is public opinion on the outcome of something, you can be sure there will be betting at Matchbook.
Diversity of Sports – Markets
After choosing your sport and the fixture/race/fight you want to bet on, you will be impressed by the markets available. Matchbook, as a betting exchange, has much more available than you’d get on a traditional sportsbook site. Visit a football fixture from the Premier League, for example, and the options will blow you away. You can bet on the match winner, first goal scorer, correct score, a penalty to be awarded, man of the match and plenty more besides. On each market you can back a selection to win or lay a selection.
Non Sports Betting Products
Matchbook is crammed with sports betting products and you will have everything you need to gamble on your favourite sports. They also run an exciting casino tab too and this is open to all members with no need to register for a separate account. You may not need to open another account but, when visiting the casino tab for the first time you will get a welcome bonus. The casino and bingo site is kept busy with all the classics as well as many exciting twists on the games.
As mentioned in the new customer section above, the best way to get a fully up to date check on the welcome bonus and offers for both casino and bingo is to check the promotions page. This page is updated with all the latest promotions, offers and specials on sports, casino and bingo.
Do They Do Specials
Matchbook don’t get involved in the specials war the way sportsbook betting sites do, as they don’t have to. The prices, odds and markets aren’t coming from traders and a marketing team, but other members, so it isn’t as important when betting on an exchange. The Matchbook site does offer certain specials, however. These include lower commission rates for certain customers, accumulators and better prices on markets.
Again, the enhanced odds feature is something you’re more likely to see on a sportsbook site. The Matchbook betting exchange was set up with the aim of offering more accurate odds on sports as there is no margin taken by the traders. In that respect, most odds would be enhanced odds when compared to your favourite sportsbook betting site or mobile app.
Mobile App Experience
Modern betting is all about speed, security and convenience. This is especially true of exchange betting as you are often making your call in-play on football and horse racing. In this case you want to make your trades before the price reduces or the market suspends. To get the best out of your betting experience you need a mobile app that is fast, reliable and ready when you are. You’ve found it with the Matchbook mobile app.
Downloaded to your mobile or tablet device, you are always just a click away from a bet. It has all the same markets, sports and options of the desktop site but with the added advantage of being able to gamble on the go. Turn everyday situations into a thrilling betting experience. Many dedicated exchange users even gamble in-play from the stadium or track, helping give them the edge over other users. The app can be downloaded in a matter of seconds through the App Store.
Customer Service Reputation
The Matchbook site and mobile app have been kept as simple and easy to use as possible. This is to ensure it appeals to all types of gamblers, regardless of their experience with similar sites. That should mean you don’t have much call to contact customer services.
If you find yourself in a situation where you require the help of the customer service team, however, they are only a click away. Efficient, friendly, knowledgeable and reliable, you can contact the team via phone, live chat or email and receive a rapid response.
Matchbook is available to customers based in the UK and Ireland as well as other nations around the world but there are a few regions which are restricted. Players from Asia, France, Spain, Australia, Italy, Sweden, Canada, Romania and United States aren’t allowed to open an account and place bets through the Matchbook site or mobile app.
- Impressive range of sports
- In-play betting available
- Secure website and mobile app
- Customer service Live Chat
- Easy to use mobile app
- Customer service isn’t offered 24/7
- Long pending period on withdrawals
- Limited number of deposit and withdrawal options
If you are looking to progress your gambling to the next level, Matchbook exchange betting could be for you. You are betting against other members, making your opinions count, and this often leads to better prices. The ability to gamble in-play on horse racing changes everything. You’ll be blown away by the number of markets offered on major sporting events.
Try laying a bet, playing the role of the bookmaker, and you could earn more than when placing bets. The site is very easy to use, it’s not complicated, you don’t have to be an expert and the customer service team is available if you ever need any assistance.
Frequently Asked Questions
Who can join Matchbook?
If you are a UK or Irish resident aged over 18 years old, you can apply to register for an account with Matchbook. This can be done in a matter of minutes.
Will I receive a welcome bonus?
Check the promotions page of the Matchbook site or mobile app after sign up to check out the latest deals and offers available to both new and existing customers.
How do I sign up?
Click any link to the Matchbook site on this page, hit the Join button at the top of the home screen and enter your details. It takes just a matter of minutes and can be done now.
Specification: Matchbook Review
Independent Betting Adjudication Service (IBAS)
GB Gambling Commission
Le Val, Alderney
201 – 500
|New Customer Sign Up Offer|
Free £10 Bet!
New Customers only. If first bet loses, refunded stake up to max £10. Bet placed within 7 days of sign-up. Visa and mastercard only. Refund within 72 hours.
|Number of Betting Options|
|Number of Sports Books|