Matchbook lowers MLB commission to 1%

vanzack · Aug 23, 2007

Didnt see this posted yet, but I just saw on their site that they are running a 1% commission on all MLB until the end of August.

Just FYI.

austintx05 · Aug 23, 2007

nice to see them doing this

winbet · Aug 23, 2007

Hard to know whats going to happen in time with exchanges as while 1% commission sounds great the majority of players are traders and markets quickly reach critical mass on low comm leading to stagnation. Betfair have the best model going forward but are still too greedy on big players laying bets. :drink:

austintx05 · Aug 23, 2007

I think 1% is excellent and most do not stop to realize how much more money they would make if they took advantage. The more the merrier.

vanzack · Aug 23, 2007

winbet said:
Hard to know whats going to happen in time with exchanges as while 1% commission sounds great the majority of players are traders and markets quickly reach critical mass on low comm leading to stagnation. Betfair have the best model going forward but are still too greedy on big players laying bets. :drink:

I dont understand what you are saying here....

Can you explain?

Thx

ensign_lee · Aug 23, 2007

austintx05 said:
I think 1% is excellent and most do not stop to realize how much more money they would make if they took advantage. The more the merrier.

If you do the math and get 5 cents better on every bet (and you can realistically expect better), this is better than the 50% cash bonus being offered by JustBet by hte time you finish the rollover.

austintx05 · Aug 23, 2007

ensign_lee said:
If you do the math and get 5 cents better on every bet (and you can realistically expect better), this is better than the 50% cash bonus being offered by JustBet by hte time you finish the rollover.

of course....if bettors just dropped some of these other books and went to matchbook....