I am a newbie with sports exchange and got a question for all the exchange gurus out there....after the 2 weeks free trading over at Matchbook...let's use today's MLB Houston Astros -200 for example...if i just bet at the price currently listed at -200 to win $300....If i win the bet...Matchbook will charge me 2% ($6)...am i correct??? I read it somewhere that Matchbook will only charge me commission if I request/change/set the price.....or is it Mansion that have this feature...
The point i am trying to make it is there anyway I can avoid the 2% commission at all at either book if I bet at the price available ??? Thanks in advance...
The point i am trying to make it is there anyway I can avoid the 2% commission at all at either book if I bet at the price available ??? Thanks in advance...
Vinnie said:
Matchbook charges a 2% commission on winning bets. Mansion does not charge any commission if you are buying a bet. There is a 1% commission for sellers. However, the lines are not as tight at Mansion as they are at Matchbook. Matchbook is usually a better deal but not always.
