1/6/2024 0 Comments Matchbook offersFor example I might back Andy Murray to beat Roger Federer. A back bet and a lay bet.Ī back bet is the most common bet type and it’s what you’d place if you went to your local high-street betting store. ![]() At a betting exchange, you can place two kinds of bet. What is a Betting Exchange?Ī betting exchange is a peer to peer marketplace where punters with differing opinions on the outcome of an event are matched together. Both of these features set Matchbook apart in the betting exchange world. They offer a brilliant commission rate and an incredibly easy to use website. Having said that, Matchbook are still one of the most popular betting exchanges in the industry. Betfair have maintained over 90% market share in the time they’ve been running. In 2011 Matchbook sold out to TripleBet Ltd as they struggled to stay afloat. Over the years, Matchbook have struggled to remain competitive in what is an incredibly challenging industry, dominated by one giant company Betfair. Much like Betfair, they had one goal to remove the need for traditional bookmakers. ![]() Matchbook was founded back in 2004 by a group of professional sports bettors and investors. ![]() In this Matchbook review, we’ll cover the key areas to consider when choosing a betting exchange and find out whether they are a good option for matched betting. All have their own benefits and drawbacks. To prove that, there are only four competitors in the marketplace. Betting exchanges are a hard industry to crack.
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