Matchbook help - Fish and others

Crum3333 · Jan 12, 2007

So, I was at my sales conference all week (btw, the snow in Vail was not as bad as expected) and came home to find that Pinny had closed shop to us U.S. citizens. As such, I posted up at Matchbook (largely b/c I don't think my pinny w/d will hit until after the weekend). Anyway, I'm new to the whole exchange thing. Can someone give me a quick explanation as to reading the screen at Matchbook. I see the spread and its price, but not really understanding the dollar amounts next to the spread price. Is this the $ amount of tickets available at that price??? Is it a max buy at given price...etc??:ughhh:

<TABLE class=binTable cellSpacing=0 cellPadding=0><TBODY><TR><TD style="PADDING-TOP: 1px" vAlign=center><TABLE class=inBinTable cellSpacing=0 cellPadding=0><TBODY><TR><TD class=mbCss-runner vAlign=bottom width=142>Indianapolis +4.0

</TD><TD><TABLE cellSpacing=0 cellPadding=0><TBODY><TR><TD class=mbCss-odds-best id=bro-207605-w-1>-101</TD><TD class=mbCss-stake-best id=brs-207605-w-1>$200</TD></TR></TBODY></TABLE>

</TD><TD><TABLE cellSpacing=0 cellPadding=0><TBODY><TR><TD class=mbCss-odds id=bro-207605-w-2>-103</TD><TD class=mbCss-stake id=brs-207605-w-2>$11</TD></TR></TBODY></TABLE>

</TD><TD align=middle width=3>
</TD><TD><TABLE cellSpacing=0 cellPadding=0><TBODY><TR><TD class=mbCss-odds id=bro-207605-w-3>-104</TD><TD class=mbCss-stake id=brs-207605-w-3>$22,891</TD></TR></TBODY></TABLE>

</TD></TR></TBODY></TABLE>
</TD></TR><TR><TD align=right colSpan=2>
</TD></TR><TR><TD style="PADDING-TOP: 1px">34 <TABLE class=inBinTable cellSpacing=0 cellPadding=0><TBODY><TR><TD class=mbCss-runner vAlign=top width=142>Baltimore -4.0

</TD><TD><TABLE cellSpacing=0 cellPadding=0><TBODY><TR><TD class=mbCss-odds-best id=bro-207606-w-1>+100</TD><TD class=mbCss-stake-best id=brs-207606-w-1>$20,335</TD></TR></TBODY></TABLE>

</TD><TD><TABLE cellSpacing=0 cellPadding=0><TBODY><TR><TD class=mbCss-odds id=bro-207606-w-2>-103</TD><TD class=mbCss-stake id=brs-207606-w-2>$202</TD></TR></TBODY></TABLE>

</TD><TD align=middle width=3>
</TD><TD><TABLE cellSpacing=0 cellPadding=0><TBODY><TR><TD class=mbCss-odds id=bro-207606-w-3>-110</TD><TD class=mbCss-stake id=brs-207606-w-3>$2,750</TD></TR></TBODY></TABLE>

</TD></TR></TBODY></TABLE>
</TD></TR></TBODY></TABLE>

If someone can explain in GENERAL terms, it would be much appreciated.

Thanks.

Doug · Jan 12, 2007

Dollar amount is what's available at each line at that time, amount on left is the best available offer, as you go to the right those are worse offers.

Take whats there, or make your own offer. MB keeps 2% of the payoff.

Multiply payoff by .98 to see what you get, compare that to other books.

billsfan · Jan 12, 2007

Fish shakes his head everyday at me and asks why more posters are not with Matchbook.

Crum3333 · Jan 12, 2007

Thanks, Doug. I'm a big lurker, and I am aware that you are very well-educated regarding this "hobby". I hashed it out w/ my brother for an hour or so after reading your reply, and it makes sense now. I was not confused with the creation of a market, but what goes on once a market is created (hence, my ? on the $ amounts posted next to the lines). You'd think someone like me (a guy in finance working to catch/create arbs) would have understood, but for some reason I couldn't wrap my mind around it. Anyway, thanks again! I already funded and played tomorrow's games at Matchbook, and am very happy with the lines and prices I received.

BTW, for those Pinny customers stressing payouts, I received mine in about 4 hours (made request this afternoon and received this evening via neteller). I'm not a big player (w/d about $500). I was worried about it after reading all the "Pinny Pay" threads, but no problem here.

:toast:

AlwaysKeen · Jan 13, 2007

matchbook's a good choice...

Bennyshoe · Jan 13, 2007

I just signed up with matchbook as well today. I'm still a bit confused. Why do they offer a NE +5.0 at -137 when it seems like -101 is available?

WharfRat+ · Jan 13, 2007

The -137 is there because someone put up the offer hoping that an some idiot takes it. At the time there might not have been anyone offering NE +5. Don't even bother looking at anything other than the numbers to the left. They are the best offers.

Fishhead · Jan 13, 2007

billsfan said:
Fish shakes his head everyday at me and asks why more posters are not with Matchbook.

Billsfan is not joking.

harrington · Jan 13, 2007

Been looking at Matcbook exchange and it looks like to much work

For some reason it confuses the hell out of me.

eman · Jan 13, 2007

I feel the same way. I do have some funds there and I will not place anything unless I know it will be matched right away.

Fishhead · Jan 13, 2007

It is VERY, VERY simple!!!

After a week or so of placing small wagers for practice, you will begin to wonder how you have existed without MATCHBOOK in the past.

Again, it's VERY EASY TO USE and UNDERSTAND.

Santo · Jan 13, 2007

People like Harrington aren't people I like to encourage to play there ;-)

mj23 · Jan 13, 2007

harrington said:
For some reason it confuses the hell out of me.

Yes and when there is not enough money there to bet on what good is it i want to bet a certain # and if i cant get it off then what plus it looks like i would have to bring in an accountant to figure out what the hell i have going! I am sure Pinny will pickup on this idea and it will be at a much bigger pace !

Fishhead · Jan 13, 2007

MJ, having used Matchbook practically everyday for the past year plus, I respectfully disagree with you.

mj23 · Jan 13, 2007

Fishhead said:
MJ, having used Matchbook practically everyday for the past year plus, I respectfully disagree with you.

Fish if you want 1 side it looks to me that sometimes there is nothing there to bet maybe i am not reading it right but ? for you is what is the lowest amount you have seen on 1 side?

Swingin'D · Jan 13, 2007

fish - is this becuase of scalps? I was checking out matchbook and it looks like that is you were patient and do this, there is almost no way you could lose? Maybe I am wrong, but that is what it looks like.

Fishhead · Jan 13, 2007

mj 23 said:
Fish if you want 1 side it looks to me that sometimes there is nothing there to bet maybe i am not reading it right but ? for you is what is the lowest amount you have seen on 1 side?

$1

But one can wager the LINE directly to the RIGHT of the one that has the $1........and may have $10,000+

For instance, the betting screen may look like this.........

COLTS +4 $1 at +105.......$4,494 at +104........$12,339 at +103
RAVENS =4 $849 at -106......$13,333 at -107.......$12,333 at -108

Meanwhile, the line at Pinny in relation to MATCHBOOK would be something close to........

COLTS +4 +101
RAVENS -4 -109

This above scenario is why 90%+ of my straight wagers are at MB rather than Pinny...........BETTER REDUCED VIG!

PatPatriot · Jan 13, 2007

Fish,
You really like Matchbook?
How are the baseball lines?

Do you thing they will shutoff US bettors?

mj23 · Jan 13, 2007

Fishhead said:
$1

But one can wager the LINE directly to the RIGHT of the one that has the $1........and may have $10,000+

For instance, the betting screen may look like this.........

COLTS +4 $1 at +105.......$4,494 at +104........$12,339 at +103
RAVENS =4 $849 at -106......$13,333 at -107.......$12,333 at -108

Meanwhile, the line at Pinny in relation to MATCHBOOK would be something close to........

COLTS +4 +101
RAVENS -4 -109

This above scenario is why 90%+ of my straight wagers are at MB rather than Pinny...........BETTER REDUCED VIG!

Gotcha and you have to pay 2% vig correct?

ONLY on winning wagers!

So essentially to make things easy, just add two cents to the MATCHBOOK price to get the true moneyline price.

Now, many times you will find Matchbook beating Pinny by much more than what I have listed in my example.

Also, MANY times if one takes say the the entire amount on the Ravens at the -4 for the $849 total amount........withing a few seconds they will be another offer placed at that price so one can wager again at that price.........ALL THE TIME BEATING PINNYS NUMBERS.

VERY, VERY seldom will Pinny ever a better number than Matchbook..........and I feel sort of sorry for those players that do not have a MB account.

D2bets · Jan 13, 2007

Seems like they're very good for very big events, not so good for smaller less visible games.

Matchbook help - Fish and others

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