Matchbook Exchange Sports Betting Review (2024)

Registration Process

4/5

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  Quick and easy process

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  Exchange asks for basic personal information

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  Automatic account verification

༺ With Matchbook, setting up an account is swift and hassle-free. The process only requires basic personal and account information, and in most cases, there’s no need to upload documents to verify your identity. Matchbook uses automatic verification to streamline the sign-up process for new customers, saving you time and effort.

꧋ Let’s run you through a step-by-step guide to creating a Matchbook account:

Click ‘Join'

Get started by hitting the ‘Join’ button on Matchbook’s homepage.

Enter Your Details

Enter your username, password, email, and the bonus code COMMFREE110 to claim Matchbook’s welcome offer.

Add Address & Phone Number

Make sure to use the home address from your official ID and billing documents to avoid verification issues.

Security Q&A before T&C

Secure account with a security question, accept the terms and click ‘Join’ to finish registration.

NETELLER and Skrill are also available for deposits, not withdrawals. PayPal🐈, however, is not available for either, which is another downside to Matchbook’s banking section.

Minimum deposits across the board are £10, while the maximum payment🌠 per individual transaction is £1,500 for all methods. Luckily, there are no depositing fees.

꧙Matchbook’s Banking Processes Stand Out for Efficiency

🎐James Cormack: “During my review, I was never left waiting long for any deposits and withdrawals to process. As I used a debit card, my account was immediately funded after completing my first deposit, and I had to wait a mere three hours for the withdrawn funds to arrive in my account.”

Finally, Matchbook operates with a “closed loop policyꦚ” to boost the security of all transactions. This policy requires you to use the same payment method for both deposits and withdrawals. For example, if you deposit funds using a debit card, your winnings can only be withdrawn to that same card.

﷽ Still, the exchange allows you to add multiple payment methods to your account. However, each payment method creates its own closed loop, so you have to be mindful of what that entails.

Welcome Offer

5/5

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  0% Commission for 110 Days on all sports

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  Use Matchbook Bonus Code: COMMFREE110

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  Horse racing new customer promotion available

Unlocking Matchbook's 0% commission offer upon registration is a no-brainer. It boasts the longest 0% commission period of any exchange, capped at at 110 days.

♔ To claim this promotion, simply follow these steps:

Enter Bonus Code

During the registration, input the bonus code “COMMFREE110”.

Make Your Deposit

Deposit any amount to your account, but note NETELLER and Skrill are ineligible for the promotion.

Place Your Bets

After the deposit checks out, you can start exploring Matchbook’s markets. Note that the 110-day welcome bonus period starts at registration.

OPINION: 0% Commission Welcome Offer Makes Matchbook a Winner

ꦇJames Cormack: “If you’re just dipping your toes in the murky waters of betting exchanges, Matchbook’s 0% commission welcome offer is a great entrance point. To have this perk for as long as 110 days was critical in helping me build a healthy bankroll and would undoubtedly work for you, too. The £1,000 winnings limit from the bonus is not exactly a factor for me, but I understand why this would frustrate the high rollers. Either way, in terms of value, there’s not much more we could ask for”.

Welcome Offer’s Key Terms and Conditions

♛ Here are some of the crucial T&Cs to note when signing up and trying to unlock Matchbook’s 0% Commission offer:

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  ♛Available only to new customers; existing accounts do not qualify.

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  ♍Limited to one promotion per person. Creating multiple accounts will result in suspension.

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  🔯The 110-day period starts as soon as you register. After this period, your account will automatically be reset to the standard commission rate.

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  🐈‘Enhanced specials’ are excluded from the promotion.

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  ღCertain payment types, including paysafecard, Skrill and NETELLER, are exempt from this promotion.

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  ꦐYou cannot use this promotion alongside any other welcome offer.

🍃OPINION: Simple T&Cs Make This Offer Easy to Claim

﷽James Cormack: These terms are clear, fair, and exactly what you’d expect from a top-tier bookmaker like Matchbook. There are no sports or odds restrictions or any other traps in the small print. There’s no red tape — just a great promotion worth claiming without hesitation.”.

Bet £30 Get £30 on Horse Racing

♋ Kickstart your betting journey with Matchbook’s Bet £30 Get £30 offer using the bonus code ‘HR30.’ Here’s how it works.

🐽 To receive the bonuses, you must place £30 worth of horse racing bets, which must be settled within seven days of account creation. These bets must consist of x2 £10 Horse Racing Singles (Back Bets) and x1 Horse Racing Multiple – all of which must boast odds of at least evens. This is not to say that betting on the favourites will be off-limits. It’s just that you need to make your picks carefully, that’s all.

ﷺ Assuming you adhere to this, you will receive £30 in bonuses, credited as x3 £10 Free Bets. These must be used within seven days of accreditation and can only be used on horse racing markets.

♓ The splitting of bonuses allows you to enjoy this promotion over a longer period of time, with Matchbook opening up the entirety of their horse racing offering for punters to use their three bonuses.

Sports Exchange Promotions

3/5

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  Weekly free bets available for all customers

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  Bet Builder available for 13 sports

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  Enhanced Specials provided for various sports

Matchbook provides a rather limited supply of promotional offers for all users – besides the welcome ones.

For example, punters can score a weekly £5 Free Betဣ as part of Matchbook’s Weekly Multiples Promotion. Should you place £30+ in multiples bets between Monday and Sunday, you can earn a £5 Free Bet. All qualifying bets boast at least three selections and be placed at odds of 2/1.

Then there’s the free bet for the Bet Builder. The feature is good for betting on multiple sports, including the NFL. In fact, the bookie boasts another weekly offer exclusive to NFL betting. By betting £10+ on any NFL Bet Builder (Thursday and Sunday matches only) with odds of at least evens, you will earn a free £5 Bet Builder for the Monday night game.

ꦡOPINION: Matchbook’s Promotions Require Greater Variety

💖James Cormack: “Tailoring to the NFL market is smart and admirable, but Matchbook is missing a trick by not offering promotions for the UK’s most popular betting sports. Beyond the horse racing welcome offer, there are no exclusive offers which focus on racing or football. This is a gaping void.”

Enhanced Specials

Matchbook also offers some ‘Enhanced Specials‘ for selected events from multiple sports. You won’t get a daily supply of these, but Soccer, Darts and Boxing Basketball Specials are available most of the time.

🦋 The best part of this feature is that you’ll get access to unique markets. For instance, as part of this promotion, you can bet on Luke Littler to win his upcoming match at the Grand Slam of Darts by a particular score.

Pre-match Offer

3/5

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  Limited to 11 sports

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  No esports

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  Markets they do have are fairly extensive

Matchbook’s range of sports is fairly impressive for a betting exchange, with 11 options currently available.

Of course, all the most popular markets are covered extensively, including football betting, tennis wagering, and cricket betting𓆏. However, those looking for niche sports like badminton, Formula One or handball, to name but a few, will have to look elsewhere.

What Matchbook lacks in availability, it more than makes up for in usability. Placing a back or lay bet 🐓is straightforward – with each option denoted by blue and red icons. Moreover, in most cases, odds are already available and can be adjusted using the plus or minus symbols on your betting slip.

꧑ For the sake of this review, we decided to bet on the Champions League contest between Red Star Belgrade and Barcelona. Matchbook suggested odds of 1.28 for a back bet on the La Liga leaders to win away.

𒈔 We had the option to adjust the size of this back bet, but opted to keep it at the suggested price of 1.28.

💙 We placed £20 on this bet to potentially return a profit of £5.60. As this bet was placed within 110 days of account creation and met all T&Cs, no commission was charged. Outside this period, Matchbook typically charges a 2% commission on winning bets, with no charges on losses. This straightforward process applies across all markets. Additionally, Matchbook allows players to create markets for unlisted events, provided another user is willing to back or lay the selection. This feature offers far greater flexibility compared to traditional sportsbooks.

Room for Growth

One notable drawback is the lack of esports bettingꦕ markets, an area gaining traction with other operators. Expanding into this space could help Matchbook attract a wider audience.

That said, Matchbook continues to grow its market offerings, recently adding politics betting and virtual sports♔ to its sports exchange. Then there’s the innovative Matchbook Zero platform that further enhances value for users by offering Zero Margin and Zero Commission for horse racing and football betting markets. There’s no limit on the number of bets you can place on Matchbook Zero, but the maximum payout is £200.

Live Offer

3/5

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  Dynamic profit and loss

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  Odds are updated quickly

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  No live streaming option

ꦡ We were impressed with Matchbook's pre-match offering and were also pleased to discover its fine live markets.

Prices for in-play bets𒉰 are updated constantly, with handy arrows indicating whether the price on a market is going up or down. Even in the most niche sports, such as snooker, Matchbook ensures that players are getting the most up-to-date odds possible.

🐎Opinion: Absence of Livestreams Does Not Define Matchbook’s In-Play Coverage

🦹James Cormack: “The efficiency of Matchbook’s live coverage was very impressive, and I appreciate that the exchange supplies a healthy range of markets – as well as their Bet Builder feature – for less popular sporting events. The lack of the livestreaming service is a downer, but that shouldn’t define their live offering”.

Dynamic Profit and Loss

♏ One of the principal advantages of using a betting exchange is having the ability to trade out when your bets are in profit.

𒀰 Trading out your Matchbook wagers when they become profitable is a simple process. After you place your pre-match bets, they will show up green when they are in profit and red when they project a loss.

During the process of this review, we enjoyed experimenting with different stakes and wagers in order to hedge our betsಌ. This process gives players greater autonomy over their betting, far more than at regular sportsbooks.

😼 Overall, live betting with Matchbook is a genuinely exciting experience. After a brief learning curve, new players will soon grow to love the advantages of the dynamic betting exchange.

Security

5/5

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  Fully licensed to operate in the UK

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  Possesses two licences in total

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  All transactions secured with SSL data encryption

One of the first things we check during our bookmaker reviews🦄 is an operator’s licensing credentials. Betting with an unregulated sportsbook is a recipe for disaster; rest assured, however, there is no danger of that if you sign up and bet with Matchbook.

🔴 That is because the betting exchange is operated by Triplebet Limited, who are fully licensed to operate in the UK by the Gambling Commission. For non-UK customers, Triplebet is licensed by the Alderney Gambling Control Commission.

ꦺ In terms of player security, Matchbook scored highly. Every financial transaction on the website and app is secured with SSL data encryption, which ensures that each player's personal information is kept well out of the reach of scammers.

Moreover, we also appreciated Matchbook’s commitment to safer gambling. Not only was setting deposit limits on our account extremely easy, but the operator also has partnerships with 🦩 and Problem Gambling Support. This is further evidence of the brand's enthusiasm for keeping its users safe.

꧋ In addition to deposit limits, punters can also impose time outs and self-exclusions, as well as a reality check. Once you reach certain gambling thresholds, you will also need to verify your identity with the bookmaker. As part of this process, you must list your occupation and income before uploading the necessary documents. Proof of your address is also needed, but Matchbook ensures you can navigate these processes at a canter.

Service And Customer Support

3/5

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  Two avenues of contact

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  Great FAQ section

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  ꦚLive chat available Monday to Sunday: 9am to 1am GMT.

ꦓ We found Matchbook’s customer support to be sufficient without being outstanding, but, importantly, contacting the bookmaker was simple.

𝐆 You have two options for contacting the support team: live chat and email. Our main port of call was their live chat option, which is active from 9am to 1am – all throughout the week.

꧒ We wanted to query about any potential VIP/Loyalty Program the bookmaker may have, and thus tested out Matchbook’s Live Chat function to resolve our query. Our session began after clicking the chat icon in the bottom right-hand corner and was able to connect to a member of the bookmaker’s support staff right away.

♌ Unfortunately, after responding to our initial query and asking for clarification, they went AWOL. So, we reconnected and tried again.

𝓀 Once again, we were in contact immediately, and ‘Gavin’ was able to help us out. They confirmed that Matchbook currently does not have a VIP Program in place. Query: resolved!

♐ Responses via email were also impressive. They weren't quite as fast as the live chat, but we did receive a response within a few hours. Matchbook also offers a phone service – just go to the live chat section and ask for a call back. They'll guide you through the rest of the process.

🌺 Rounding off the operator’s customer service offering is a superb FAQ page. This section of the website is well-designed and a pleasure to navigate. It includes easily digestible information on a wide range of topics, including deposits, account verification and bonus terms.

Design & Usability

5/5

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  Sleek and easily navigated site

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  Search function is a great addition

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  Insights provide useful information for punters

🍌 Matchbook’s website is spot-on in terms of usability. The clean red, black, and grey colour scheme isn’t just stylish — it makes the layout easy to follow. Navigating the site is a breeze, thanks to a handy search bar at the top of every page and intuitive drop-down menus that help you find what you need in seconds.

𝐆 Plus, with solid back-end tech, pages load quickly every time—no waiting around.

🐷 One feature that really stood out is the ‘Insights’ section. Here, you’ll find expert betting tips and industry news, with brilliant coverage of football, horse racing, and the NFL. It’s perfect for punters who like to stay ahead of the game.

For the high rollers among you, Matchbook's ‘Brokerage‘ section offers punters the opportunity to make bespoke high stakes bets with relative ease – providing quotes and support when needed.

Mobile

4/5

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  App is available on Android and iOS

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  No issues when downloading it onto our devices

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  Excels in many areas

🏅 Much like the website, the Matchbook mobile app is well-designed and simple to use.

💎 Downloading it on both Android and iOS only takes a few minutes, and the app itself will not take up much space on your device. Matchbook did mention that some iPhone users could run into some problems, but we experienced no such issues.

🌌 After downloading the app, we were impressed at how faithfully it replicated the desktop site on a smaller screen. Not only were all the same sports markets available – we could also load all the best Matchbook casino games without experiencing any glitches.

Depositing and withdrawals were also great, with one-touch verification available for both. It has to be regarded among the best mobile betting apps꧂ we’ve reviewed, and those who love betting on the exchange must run to the app store.

If you currently live outside the UK, you can still access the app – although it requires a few more steps. Android users simply go to the mobile app section of the Matchbook website and follow the steps there. Apple users need to check their phone’s settings to make sure the app works abroad – enabling “Location Services꧑” for Matchbook is the only way to make the app work.

Other Products

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  Fine online casino

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  Games from both Red Tiger Gaming and NetEnt

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  𒐪Live casino also available with no need for a separate account

As well as offering a superb betting exchange, Matchbook also possesses a great online casino🧸. There is an overwhelming supply of slots and jackpots, with all games being provided by the award-winning Red Tiger Gaming and NetEnt.

꧋ Matchbook also offers a wide selection of table games, including craps, video poker, blackjack, roulette and several other casino staples. They have also added a live section for many of the aforementioned games.

꧋ There is also a strong live offering for those players who want to experience the buzz of a brick-and-mortar casino from the comfort of their own home, including titles like Monopoly and Deal or No Deal. These alternative gaming possibilities help to keep things fresh for players.

𝓰 New customers can also take advantage of Matchbook’s casino welcome offer: a 100% deposit bonus up to £200 with 50 free spins on Scudamore. The size of your bonus will depend on the size of your first deposit once you’ve opted in.