Need some Matchbook Help.....

TheWolf · Nov 12, 2007

First time playing there....

Right now I am looking at the NFL game tonight.

It says...

San Fran +9.5 -106 $364 -107 $3745 -108 $11,937
Seattle -9.5 +104 $15,956 +102 $11,216 -104 $1

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Can someone please help explain this......Seems like double the money on Seattle laying the points.

Also for the alternate lines, it is SF +10 but there is only $1100 total available next to that number. So lets say I wanted to bet SF +10 for $1500. Would I be able to do this still or no? How does this work.

MattRain · Nov 12, 2007

If you put $1500 on the +10, let's say at EV, you'll instantly get $1100 in action and the remaining $400 will be offered on the SEA -10 side, waiting for someone to gobble it up. Which will probably happen in a matter of minutes/hours. Worst case scenario, the line moves to 9.5 or lower and your remaining $400 is never matched, which leaves you with a $1100 bet. I wouldn't worry though, you're very likely to get your whole $1500 matched if you bet early enough.

TheWolf · Nov 12, 2007

Thats what I thought and thats what concerns me. If I would try to place a bet 5 minutes prior to kickoff then it never gets matched I am s*** out of luck, right?

Santo · Nov 12, 2007

Yes, though last minute volume on NFL makes it pretty unlikely you won't get matched unless you want $20k+

MattRain · Nov 12, 2007

There will be well over $1500 available 5 minutes prior to kickoff, but it might be spread out across a number of progressively worse prices/offers.

BTW, there's live betting on the game tonight, so you have a 100% chance of getting your offer matched if your team gets scored on first. (Yeah ok, duh.)

TheWolf · Nov 12, 2007

How do you know your offer gets matched? (I know these may seem like stupid questions but I am floating into unknown waters here.) Thanks for the help.

MattRain · Nov 12, 2007

You instantly see your hypothetical profit/loss next to each team's name, in green and red numbers, respectively, as your offer gets matched.

TheWolf · Nov 12, 2007

Matt-- Say there is $20,000 in SF bets. How do they decide whos offer gets matched first, second, etc....

MattRain · Nov 12, 2007

I guess that multiple offers made at the same price are matched on a first come, first served basis, but that's pure speculation on my part.

TheWolf · Nov 12, 2007

SO lets say I posted Seattle -9.5 +110....what happens next.

MattRain · Nov 12, 2007

If you offer $1500 @ +110, $1650 will be added to SF +9.5 @ -110. There's currently an unmatched $544 at that exact price, so that would make $2194 available on SF +9.5 -110. Someone who would then bet $1000 on SF would match that $544 then $456 from your $1500, and you'd have to wait for the remaining $1044 to get gobbled up.

But again, I'm just guessing about the priority re: the matching process.

TheWolf · Nov 12, 2007

sounds complicated and risky.

TheWolf · Nov 12, 2007

Matt....Looks as though you can get a feel for where the money is at and on what side itis on too, huh? Or am I wrong in this assessment?

MattRain · Nov 12, 2007

It's not. And it's not. :thumbsup:

You should give it a try with $100 or something and make small bets to get familiar with it.

I wish everyone was playing there.

MattRain · Nov 12, 2007

The Wolf said:
Matt....Looks as though you can get a feel for where the money is at and on what side itis on too, huh? Or am I wrong in this assessment?

You would be right. :aktion033 There seems to be a connection between Pinny and Matchbook and that regard. Might simply be because Pinny sharps also play at Matchbook and vice-versa.

KeithRichard · Nov 12, 2007

I would suggest making 1 or 2 dollar bets until you feel real comfortable with the way it works.

TheWolf · Nov 12, 2007

What about fees/commisions if I want to cash out? How much is that?

boatboatboat · Nov 12, 2007

They take 2% commish on the WINNING bets, and tocash out simply make a request on line, and for FREE you will have a check in 7-9 days, or pay 20 bucks and have a check in 2 days.

GREAT book.

Live betting is the cats ass.

I had 500 bet on INDY -3 prior to the game. Bought another 100 of Indy at -3.5 once they got down by 3 scores. I got that at +1700.

Once Indy scored the 2nd time, I simply sold my -3.5 off, and ended the night with a $$ locked up regardless of the out come.

IMO the best case scenerio for live betting is to have the BETTER team get down early, and when you can get the++++ juice on the better team take it, and sell it off latter. Granted sometimes the BETTER team never mounts the comeback, but the majority of the time they do.

I win 50% of my pre game bets, yet in live betting I make $ most every time.

Last night when Indy was at the Goal line to either score a TD/FG or not.(keep in mind a FG didn't hurt the Over) I was betting the under at -160, at the same time the Indy -3.5 line was +260. Now it didn't take a genious to see that I could simply bet 50 on the under, and 35 on the Indy -3.5 and make $ no matter what happened. I pocketed about 200 with ZERO risk. (well it was possible SD would score, but very doubtful as they hadn't moved the ball ALL game)

You will find stuff like that all the time. Simply have to look.

terps1313 · Nov 12, 2007

OK this is good stuff guys and I get the basic idea. I am just confused on how those original numbers work posted by the wolf. Also im under the impression the book is risk free based on this method?

Akillies · Nov 12, 2007

it is widely speculated that matchbook lines are tied to Pinnacle, as they move [nearly] simultaneously

Need some Matchbook Help.....

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