Matchbook, the offshore industry, and other opinions

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Longtime lurker who has rarely posted. I have learned alot in the past 3 years just by lurking and have come along way in terms of betting. I have alot of respect for the long time posters here and the people here who are involved in the offshore industry. I wish you guys the best and keep up the good fight. I believe the future is looking brighter in the offshore industry for the US. Now on to "my take on matchbook".

First off let me say I am in no way shape or form affiliated with matchbook. Just a bettor with an opinion.

Some people say that there isn't alot of liquidity on some events. True. For the more exotic sports there may be a dry well so to speak for those events. But for the pro events this is far from the truth. Something that people forget to remember that with matchbook just because you don't see alot of liquidity on some lines doesn't mean there's not more there. There is. With the pro sports especially. Like on MLB totals for instance you may only "see" an average of 3k available on 1 side but once you bet that just wait maybe an hour tops and another 2k+ will be posted up. There truly is no limit at matchbook. Once you buy up all the offers that you can get simply "post up" a line if the line gets a little carried away. But just like economics 101 supply and demand will prevail. It's simple and is alot more easier than people realize. Go through the tutorials and test it out with maybe a dollar or so until you get the hang of posting up offers. I've seen people say how it looks complicated but it's easy just try it once and you will see. Some people complain about getting their limits cut with other books. Why would anyone play at a book that cuts limits, have higher juice, and are constantly getting beat by matchbook on their lines? Except for parlays and some of the "exotic" sports there is NO other book that compares to matchbook except for pinny. You money is safe and secure because they don't "lose" any money. The money is from the bettors and other books dumping off action. If you wanna get 30k+ on an MLB side or NFL spread simply post up the best offer. Post it up as soon as matchbook gets their line posted and you should have no problem getting it matched with ease if you continue to offer the best price. Say for MLB totals most books offer a limit of no more than 2k or more if your lucky. At matchbook you can simply buy up the offers until you get your quota or simply post it up. There is NO EXCUSE for not being able to get down at least 10k+ on MLB totals at matchbook. The only book that comes close to comparing to matchbook in terms of pro sports, juice, limits, and security is pinny. They even have better lines than pinnacle for most of the pro sports. Why anyone doesn't have a matchbook account is beyond me. The only thing you would need from other books are parlays and the more exotic sports. There is NO excuse for not having an account with matchbook.

Another thing that bugs me in general about the offshore industry right now is how people complain about funding their accounts. "Oh it's too much of a hassle" or "It seems to complicated". The days of depositing with CC for every book is over. Here's a tip get off your a$$ and go ship a moneygram. It's not that hard. If you wanna get a larger amount simply do a bank wire. That's a helluva alot easier than sending 10 2k mg's. Why do people play at any books besides the best? People always b******* about withdrawal time and getting stiffed. Here's another tip. Withdraw once a month. Why the heck do you need to make a withdrawal every week? You shouldn't be playing with rent money anyways so just plan on a once a month withdrawal. Make a monthly goal and if you hit it great, take out your profit goal. But asking for a withdrawal every week is just inexcusable in most cases. Do you think the pro's with 50k+ in their accounts makes a withdrawal every wk? HECK NO! They make a goal and once they complete there "season or goal" they take out ONE big withdrawal. Books don't want to have to process some guy's $200 withdrawal request every 7 days. Pay your taxes, play with the best books, research, and you have NOTHING to worry about when it comes to the offshore industry. Your own laziness is NO excuse to be missing out on the offshore industry.

In my opinion the ONLY books ANYBODY should be playing with to meet the critical requirements that most have to bet offshore are as follows in no particular order:

TheGreek
WSEX
Matchbook
Pinnacle (if your lucky enough)
BetJam
BookMaker
5Dimes

Why would anyone play at any other books than these guys? All these books fulfill everybody's needs. Simple have a matchbook account for totals, sides, spreads, and simply find the next best book for parlays and exotic bets.

My Summary:
1. Matchbook is the BEST book for US players for PRO sports and most college sports in terms of Spread, ML's, and Totals.
2. Learn how to post up offers at Matchbook. It's easy and using an excuse such as "it's too complicated" is f'ning ignorant. Read the tutorial and ask questions. Help each other out.
3. Play with the BEST BOOKS and do your research.
4. CC's are not going to work anymore so get over it. Mg's, bank wires, etc are easier than people realize if you stop being LAZY. Ask them if they have "other" options to deposit.
5. Make no more than 2 withdrawals per month. Some books offer 1 FREE withdrawal per month. You will be surprised how much faster people will get paid. Less pressure on their processors means faster withdrawal times for everyone. The BEST BOOKS are NOT going to TAKE your money so stop worrying! Its ok to keep money in your account for more than a week for christ sake!
6. Stop playing with rent money!
7. One of the most important points. PAY YOUR TAXES!!! Its not hard and its legal!!
8. Have some discipline. Dont bet over your head.
9. MONEY MANAGEMENT!! Stop betting 15% of your bankroll every freakin game! Ask ganchrow for some advice on this or ask a question for vanzack. They both are very smart when it comes to bankroll management and setting goals.
10. Have fun! Stop worrying about getting your money from these books above. You will get paid and usually in a very timely manner.

Thats all I got for now. Sorry about the long post, had to get that off my chest. If anyone has any comments or questions please feel free to post away. I'm more than happy to discuss.

Best of Luck,
tschmitt
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FreeRyanFerguson.com
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Agree wholeheartedly on pretty much all points. There is no reason to not have an account at Matchbook. It would be great if people actually took the time to find out why those that play there rave about it. With more players, they would probably reduce commissions and it could even be better than Mansion was.
 

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Agree wholeheartedly on pretty much all points. There is no reason to not have an account at Matchbook. It would be great if people actually took the time to find out why those that play there rave about it. With more players, they would probably reduce commissions and it could even be better than Mansion was.

I agree 100%. If people would just stop being lazy and simply put just an ounce of effort into it they would never have another book for straight bets. The more people there, the lower the commish will be. You can bet on that.
 

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Did you play at Mansion? That place was a candy store. My mouth waters thinking about Matchbook getting to that status. Nothing like getting a -8 at -7.5 +100 with .5% commission. I think also that people will find that the exchange style of placing bets is more fun than at sportsbooks. They just have to do it once and realize it.

Nice first post by the way. Good to meet you and hope you become a regular poster here. :toast:
 

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Did you play at Mansion? That place was a candy store. My mouth waters thinking about Matchbook getting to that status. Nothing like getting a -8 at -7.5 +100 with .5% commission. I think also that people will find that the exchange style of placing bets is more fun than at sportsbooks. They just have to do it once and realize it.

Nice first post by the way. Good to meet you and hope you become a regular poster here. :toast:

I am positive that if the US envirnment doesnt get any worse in the next 2 years than MB will be huge. I never had the pleasure of playig at Mansion although I have read about it. I love posting up offers and paying usually at least 5 cents less than any book besides pinny. The more exposure people get to MB the more popular it will become. With that comes bigger volume and even lower juice. It only takes one time for them to realize it is the next best thing to pinny when it comes to US players for straight wagers.
 

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I am positive that if the US envirnment doesnt get any worse in the next 2 years than MB will be huge. I never had the pleasure of playig at Mansion although I have read about it. I love posting up offers and paying usually at least 5 cents less than any book besides pinny. The more exposure people get to MB the more popular it will become. With that comes bigger volume and even lower juice. It only takes one time for them to realize it is the next best thing to pinny when it comes to US players for straight wagers.
Mansion would let you change the lines in addition to the juice, and only charged .5% commission on wins if someone accepted your offer. If you accepted someone else's offer, there was no commission charge. People will not ever miss Pinnacle if Matchbook can become like Mansion was. Hell, Matchbook is already great.
 

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Mansion would let you change the lines in addition to the juice, and only charged .5% commission on wins if someone accepted your offer. If you accepted someone else's offer, there was no commission charge. People will not ever miss Pinnacle if Matchbook can become like Mansion was. Hell, Matchbook is already great.

Wow I didnt know that about mansion. Thats amazing. I asked MB one time if I could post up my own O/U's and they said they like to have an even market such as -110/+110 so im not sure what there problem would be with our own lines. They make money no matter what so maybe in the future they will change their tune. Just have to wait and see but the future is looking very bright for MB.
 

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TheGreek
WSEX
Matchbook
Pinnacle (if your lucky enough)
BetJam
BookMaker
5Dimes

Why would anyone play at any other books than these guys?


very nice list, but it there are plenty of others worth playing at as well, even for american customers, and especially for non americans.
 

Everything's Legal in the USofA...Just don't get c
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im not sure if this is joke, but it is competely false.

they stopped taking US customers and they dropped their exchange, they have poker, Casino and Sportsbook open to the world, (Except the USA)

www.mansion.com

Thank you for posting this. I was thinking, how can a betting exchange go broke when all they do is earn on every single game?

Gives me confidence in the long term viability of MB.
 
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Thank you for posting this. I was thinking, how can a betting exchange go broke when all they do is earn on every single game?

Gives me confidence in the long term viability of MB.


Betting exchanges can go broke all right, Sporting Options used all their customer deposits to liquidify their markets and promptly lost it all.
 

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One question for the original poster, why advocating paying taxes so much? Obviously we can all make that decision for ourselves, but I don't really feel like giving the gov 30% of what I make gambling. Thats such a huge slice of the profits and its already something that isn't easy to make money in....
 

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I still wouldnt have large amounts sitting offshore. I dont care how much you sugar coat it.

Only send what you could afford to lose if the book bellyd up.
 

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One question for the original poster, why advocating paying taxes so much? Obviously we can all make that decision for ourselves, but I don't really feel like giving the gov 30% of what I make gambling. Thats such a huge slice of the profits and its already something that isn't easy to make money in....

The reason is pretty simple actually. Alot of these gamblers think there breaking some kind of law by playing online. Only in a select few states are there actual laws against such actions. The only way you can get in trouble with the "law" when gambling in general is not paying taxes. Im just covering all the bases so you can gamble with the most security and peace of mind possible in the offshore industry. To each his own but I will always pay my taxes and never worry about gambling online when it comes to the law. Hope that helps.
 

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I still wouldnt have large amounts sitting offshore. I dont care how much you sugar coat it.

Only send what you could afford to lose if the book bellyd up.

Very well said. Only deposit what YOU feel comfortable with losing. There is a different amount for everyone. For some it may be in the 6 figures others 5 figures and etc. DO NOT bet over your head or out of your comfort zone. I would have no problem having large amounts in any of the books I listed above. For others it may vary.
 

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very nice list, but it there are plenty of others worth playing at as well, even for american customers, and especially for non americans.

I agree. There are others. But for me those are the best books that I would have no problem with a large % of my bankroll with. But all those posting about sportsbook.com, bodog, and the list goes on and on. Stay with the best that have a proven track record. There are plenty of great books to choose from besides these clowns.
 

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I was going to start a new thread for this question but its a simple one so I figured I'd just ask it here since Matchbook has comeup. Last year I didn't use MB because I had a -105 credit book that I used. For NFL, what will the MB lines look like? Are we talking Pitt -6.5 -107/Hou +6.5 +106 type lines? If so, when do the lines become that tight and how are the lines on Monday/Tuesday of the beginning of the week? I'd guess people are too lame to offer lines on those days because they don't know what the market is doing yet and wait to let the lines get hammered into place a little more....

So basically my question for CFB/NFL season is how are the lines on matchbook and how soon do they get posted?
 

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bump...all the people who play at MB there is no way nobody knows the answer to this.....
 

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