If you bet both sides of a game @ Matchbook...

SportSavant

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• Feb 25, 2007

• #1

do you have to pay commission on the full winning wager? I think some exchanges only charge commission on the net profit, but not sure about matchbook.

example:

200 to win 234$ on Dallas Under 5

230 to win 200$ in Dallas over 5

 

Last edited: Feb 25, 2007

dave2007

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• #2

You only pay commission on net profit.

 

Sbjr

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• #3

I wish they did net profit per game. It kind of sucks to take a team and the over/under, win one of each and still have to pay commission. Still the best service out there, I shouldn't complain so much.

 

SportSavant

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Sbjr said:

I wish they did net profit per game. It kind of sucks to take a team and the over/under, win one of each and still have to pay commission. Still the best service out there, I shouldn't complain so much.

Click to expand...

so it isnt net profit or is it?

you are saying I will have to pay commission on the full losing wager?

 

CHOPTALK

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• #5

No SS, its on profit only.

Lets say you are in a live wager, you put put $100 on team A at +110, then later you can lock down a $100 wager on team B at +130 and team B wins, All you pay is commision on the $30 bucks, and not the $130, and you pay no comish on the losing wager at all.

 

Santo

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• #6

It's net profit only on same market, if you bet over 48 and under 50 it's not net profit.

 

CHOPTALK

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CHOPTALK said:

No SS, its on profit only.

Lets say you are in a live wager, you put put $100 on team A at +110, then later you can lock down a $100 wager on team B at +130 and team B wins, All you pay is commision on the $30 bucks, and not the $130, and you pay no comish on the losing wager at all.

Click to expand...

But this only applies on money lines, and games with the same spread.

If you bet Team A at -3 for one bet, and team B at plus +4 on an alternate spread bet, then it is 2 separarate bets.

The bets have to be 100% coralated for the smart balance feature to work.

 

SportSavant

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• #8

thanks guys,

i will have confirmation when this edmonton game ends....

Santo,

Id like to talk to you some more about BetFair....

I have a tough time finding value there and wondering how often you use them?

 

Santo

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A lot, but not for stuff you'd bet most likely. Most of it is in-running European sport.

 

SportSavant

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• #10

Santo said:

A lot, but not for stuff you'd bet most likely. Most of it is in-running European sport.

Click to expand...

i figured that with the high commission they charge the only way to really take advantage is "in running" stuff....