If Your Not Playing At Matchbook Your Hurting Other Players

[Ganchrow]

Tks for the reply.I sent them an e-mail asking,so i should know in the morning

Cool. Definitely let us know what they say.

[Lebowski]

until they offer more than 1 live game per day i will stick w/ betfair

[Doug]

Matchbook can put a big hurting on the regular books that rely on mostly US clients, for sure !

How much baseball can regular books be booking now ? The ones with 20-cent lines must have nearly no business.

I could see many slowly start to quit or just go under, as Matchbook improves.

[zootiehead]

We are trying out Matchbook for the first time this weekend JJ. I will let you know how it goes.

[LargeMouthBass]

I have to agree with JJ, this should be your number one book. You can get the best odds at Matchbook in baseball... And their customer service is good too.

[Wild Reet]

Better odds and liquidity available at eHorseX for the NBA finals. Didn't compare the commission structure however.

[bookie]

eHorseX has a system in place that rewards heavy users. Basically you start at three and half percent and can get down to one and a half. I didn't study the points system long enough to understand it fully, but I gathered you 'd have to bet a ton to get to the rate that Matchbook offers as a matter of course.

Too bad we don't hear more about eHorseX, as there software is good and Horizon20 (I think that's what it's called) has been in the business for a long time and they seem willing to do what it takes to deal with the U. S. market. I played horses there quite a bit and never had a problem, but haven't had my account funded in a couple years so my opinion may be dated.

Having the same commission structure for horses that they do for sports seems ridiculous.

[vanzack]

Better odds and liquidity available at eHorseX for the NBA finals. Didn't compare the commission structure however.

I have said this over and over but you have no idea what the liquidity is.

Just because there is a number up there doesnt mean once that is gone there isnt the same amount back up.

It is almost limitless because there are so many people using it.

I will make you a bet. You will get any reasonable amount matched if it is the same as what pinnacle is offering. In other words, if pinny has CLE +7.5 -105 and you make that same offer on MB you will get 100K matched.

Just because you see an offer of 3k or 10k or 5k up there means NOTHING. Not only will the Market Makers replenish that offer, if you make the offer they will eat it up.

[austintx05]

good stuff as always vanzack...

[Wild Reet]

Vanzak, why wouldn't the same be true at EhorseX?

[vanzack]

Vanzak, why wouldn't the same be true at EhorseX?

I dont know anything about EhorseX but unless this guy is talking about getting down 100K or more, it is irrelevant if it is the same there.

They may have the same liquidity (i doubt it, but will concede for this discussion), but it really is immaterial because you reach the maximum utility of liquidity when you start to get in to amounts that are unreasonable.

[jjgold]

E-Horse not in the same league, decent but no matchbook

[LargeMouthBass]

Wow, I requested my first payout from Matchbook earlier this week, either Monday or Tuesday, and the check arrived today. Now that's fast.

[abacus30]

The Sportsbook debacle led me to SBR a few months ago - where listening to you guys, I discovered Matchbook. It's almost a Utopia for sports bettors (if not for the commissions and lack of parlays)... but I guess we can't have everything.

[austintx05]

The Sportsbook debacle led me to SBR a few months ago - where listening to you guys, I discovered Matchbook. It's almost a Utopia for sports bettors (if not for the commissions and lack of parlays)... but I guess we can't have everything.

even paying 2% is cheaper than any other book.

Parlays are for the $5 bettors

[Ganchrow]

Parlays are for the $5 bettors

This represents a rather narrow view of parlays, which should certainly be a part of an advantage bettor's repertoire.

Matchbook is great, but make no mistake about it, the fact that it doesn't (yet) offer parlays is definitely a palpable disadvantage. In contrast, BetFair offers parlay markets on some limited set of events, but still doesn't allow user-defined parlays. I expect that this will change as the betting exchanges continue to pick up steam.

[Doug]

Parlays would be very hard to offer, even a two-teamer creates 4 markets.

Maybe for Superbowl, but I can't see this developing, at all.

[Ganchrow]

Parlays would be very hard to offer, even a two-teamer creates 4 markets.

Maybe for Superbowl, but I can't see this developing, at all.

There's no reason why Matchbook's (for instance) "MarketMaker" feature couldn't be modified to support parlays. If a liquidity provider (a market maker) were already willing to bet either side of team A vs. team B, and either side of team C vs. team D at 1.5% vig, does it seem unreasonable to expect that he might also be willing to offer any of the 4 constituent parlays at 2.98%+ juice? To me it seems perfectly likely. If the price were right I could even see doing it myself.

The point is that parlays wouldn't need to be offered manually by market makers; all a market maker would need to do would be set the constituent teams, the single bet vig, the max parlay size, and the parlay vig premium (if any).

Certainly, due to the combinatoric nature of parlays it's unlikely we'd see all that much bettor-to-bettor parlay action (although we'd eventually expect to to see some), but there's no reason why we shouldn't expect market makers to pick up the slack.

That's the beauty of competitive markets ... if there's money to be made serving the market's need, someone will eventually step in and make it.

[Dark Horse]

With free transfers from Matchbook to WSEX, Greek (and from Greek to Wagerstreet) you have a family of books that offers just about anything. Higher limits, low juice, parlays, etc. Combined into one superbook, I wouldn't exchange it for Pinnacle.

[bookie]

Dark...what does wagerstreet offer to the package?...I'm not familiar with it at all...I just glanced at website and couldn't tell much.

[Doug]

There's no reason why Matchbook's (for instance) "MarketMaker" feature couldn't be modified to support parlays. If a liquidity provider (a market maker) were already willing to bet either side of team A vs. team B, and either side of team C vs. team D at 1.5% vig, does it seem unreasonable to expect that he might also be willing to offer any of the 4 constituent parlays at 2.98%+ juice? To me it seems perfectly likely. If the price were right I could even see doing it myself.

The point is that parlays wouldn't need to be offered manually by market makers; all a market maker would need to do would be set the constituent teams, the single bet vig, the max parlay size, and the parlay vig premium (if any).

Certainly, due to the combinatoric nature of parlays it's unlikely we'd see all that much bettor-to-bettor parlay action (although we'd eventually expect to to see some), but there's no reason why we shouldn't expect market makers to pick up the slack.

That's the beauty of competitive markets ... if there's money to be made serving the market's need, someone will eventually step in and make it.

I was thinking more along the lines of side/total in same game as I rarely parlay unrelated games.

I guess it could work on unrelated stuff, so the bet is at something like +280 or +285 instead of +260, but I think that will get left to regular books, and Matchbook will be for straight bets. They couldn't even offer pucklines, so parlays are probably far in the future.

[jjgold]

100% of my plays are now at matchbook

[MagicBeerBelly]

What's the action like on NHL games? I don't doubt for a second that NFL/MLB/NBA bets can be filled for large dollar amounts, but would a person have trouble placing 1K or more on a typical reg. season NHL game?

[austintx05]

best thread jj has started

[Ganchrow]

I was thinking more along the lines of side/total in same game as I rarely parlay unrelated games.

I guess it could work on unrelated stuff, so the bet is at something like +280 or +285 instead of +260, but I think that will get left to regular books

Well IMHO, I think these parlays could certainly work well in cases of correlation.

OK, so you want to parlay a home dog run line with an under? True parlay odds would be +220, I'll let you do it at +200. You want to parlay a NCAAF +21½ spread with the over? OK instead of doing it at +264, I'll give it to you at +325. (Btw, don't take any stock in the exact premiums, I just made them up.)

... etc.

Anyway, the point is that parlays certainly could work on Matchbook or any other betting exchange. And mark my words ... some day in the not too distant futire they will.

[Doug]

What's the action like on NHL games? I don't doubt for a second that NFL/MLB/NBA bets can be filled for large dollar amounts, but would a person have trouble placing 1K or more on a typical reg. season NHL game?

You should get that on a ML or total, but no PL.

[Ganchrow]

You should get that on a ML or total, but no PL.

We still have a ways to go but we'll get there eventually.

[Santo]

Betfair usually have plenty of volume for soccer parlays, and some for NFL parlays.