Sounds like to much work to make a bet.
I heard it was for mickey mouse gambles if there is only 250 dollars in the pool thats all you can bet you can only bet whats its the common pool.thats a joke if this is the case
doug swears by this place i will just take my reduced juice at 5 dimes and be happy
I heard it was for mickey mouse gambles if there is only 250 dollars in the pool thats all you can bet you can only bet whats its the common pool.thats a joke if this is the case
doug swears by this place i will just take my reduced juice at 5 dimes and be happy
Placing a Bet
that price.
SmartBalance
SmartBalance keeps track of your total position and reserves funds based on your largest potential loss. If you've bet $1,000 on each side of a game at even money, SmartBalance will realize that you have no potential loss, and it won't tie up any of your funds. Thanks to SmartBalance, you can trade both sides of a game continually without eating into your account balance. You can also "cash out" of your position on Team A at any time by buying Team B, thus increasing your available funds.
Live Betting
A
Remember, you can trade back and forth as much as you like during the game: our unique SmartBalance function makes sure that we never hold more of your funds in reserve than your maximum possible loss in a market. So even if you have a $0 balance because you bet $1,000 on Team A, feel free to bet Team B: we only monitor your maximum loss in the market, not the total amount you have bet.
Commissions
At Matchbook, there are no fees charged per trade or per winnning bet; we only apply commission based on your final profit in a market. If you lose or break even in a market, you pay no commissions at all, so it's possible to generate tens of thousands of dollars in trading activity completely free of charge
Once you've mastered placing a bet, it's easy to start posting requests for better odds, a larger stake, or both.
Requesting Better Odds
If you'd like odds of +110 on Boston -7.5 instead of +105, change the odds in your Order Pad and press submit:
<TABLE border=0 cellSpacing=0 cellPadding=0><TBODY><TR><TD style="PADDING-RIGHT: 8px; COLOR: red; VERTICAL-ALIGN: top">Note!</TD><TD>If you ask for odds of +110 on Boston -7.5, the opposite side of your request will appear in the market (in this case, as $275 on Sacramento +7.5 at -110). As soon as someone accepts this offer, your request for Boston -7.5 +110 will be automatically processed.</TD></TR></TBODY></TABLE>
Requesting Larger Stakes
If you'd like to bet $500 on Boston -7.5 at +105, and only $100 is available, enter $500 in your stake amount and submit. The first $100 will be matched, while the remaining request of $400 to win $420 will appear in the market as:
As soon as someone bets $420 on Sacramento +7.5 at odds of -105, your request for the extra $400 on Boston will be automatically processed.
Managing Your Bet Requests
All bet requests that haven't been matched yet appear in your Unmatched Bet panel. From here, you can edit, pause, or cancel your order.
Cancel
You can cancel all your unmatched bets at once using the
Edit
When you change the odds or stake of a bet request, the numbers will turn red, indicating that you must now submit the offer for the changes to take effect.
Pause
You can pause all your offers and then resubmit them by pressing the
Undo
If you start to edit your offers and then change your mind, just press the
MarketMaker
This powerful feature makes it easy to trade both sides of a game and to adjust your odds on the fly. To activate MarketMaker, simply click the MarketMaker link and select either side of a blue best-odds box. Enter your base value (say +100) for the top runner along with your desired vig, and MarketMaker will create offers for both sides of the market.
Autostake
While in MarketMaker mode, you can use Autostake to automatically fill in the stake amounts for all your offers. For example, if your bet requests are +110 and -140 and you enter an Autostake value of $100, your stake amounts will be $100 to win $110, and $140 to win $100.
Compact View
If you have a low-resolution monitor, select Compact View at the top of the page. This view allows you to see all the prices in the market while also keeping your Order Pad and Unmatched Bet panel in full view. Deselect Compact View in order to use the Events Menu at the far left.
Refresh Rate
If you have a high-speed Internet service, then you can get slightly faster updates by selecting the "high" refresh rate found in My Settings.
Bet Log
Select Bet Log in your Matched Bets panel to watch your unmatched bets get filled in real time
Sounds like to much work to make a bet.
I heard it was for mickey mouse gambles if there is only 250 dollars in the pool thats all you can bet you can only bet whats its the common pool.thats a joke if this is the case
doug swears by this place i will just take my reduced juice at 5 dimes and be happy
There's a ton of money there, Jim. There might be $250 at +102, and $1,000 at +101, and $5,000 at +100 etc.
This is for mainstream stuff, not weird stuff
It is easy to learn
See Hache's post.
It is a MUST have outlet, by far and away one of the best.
The ability to play both sides of the game and in fact be the book yourself is priceless. I've made an absolute killing in NBA this year on in the in-game action and scalping bets. It's helped turn around a crappy capping start (I was way, way too heavy on Texas) to the year into a big + at this time.
It seems like there's always somebody who posts crazy odds that you can take advantage of. It's great stuff.
Lastly, if you're going to scalp (arbitrage), Matchbook is really a required book - why bet the game when you can guarantee yourself a profit and bet both sides at + odds.
It is a MUST have outlet, by far and away one of the best.
The ability to play both sides of the game and in fact be the book yourself is priceless. I've made an absolute killing in NBA this year on in the in-game action and scalping bets. It's helped turn around a crappy capping start (I was way, way too heavy on Texas) to the year into a big + at this time.
It seems like there's always somebody who posts crazy odds that you can take advantage of. It's great stuff.
Lastly, if you're going to scalp (arbitrage), Matchbook is really a required book - why bet the game when you can guarantee yourself a profit and bet both sides at + odds.
Don't make it sound so complicated to new players.
Simple version, start this way....
Get money in there, accept bets, the line is two cents worse than you see....
-102 is really -104, which is better than -105, -107, -110 at your book.
get used to that ,( easy), then start making offers....try to get +101, instead of laying -102, harder you have to keep checking to see if you get matched, or if line moves.
Basically even if you never offer ( just accept), you'll get better vig than 5Dimes often ( if you bet late).
I can't tell you how many bets I get at like +102,+105,etc. instead of -110, -105, whatever by using Matchbook.
Sometimes I even get like +160, instead of -110 ( rare, and small).
DOUG HOW COME THEY DONT ACCEPT WESTERN UNION AND HOW DO YOU COLLECT IF THEY DONT HAVE FED EX.SEEMS LIKE A PAIN IN THE ARSE BOOK TO ME.
I JUST WANT IT TO BE SIMPLE I GO TO THE WESTERN UNION OFFICE I SEND OUT 800 DOLLARS I BET IT ALL ON MY FIRST GAME HOPEFULLY I WIN AND PLAY WITH THE SPORTSBOOKS MONEY.I WIN 2.5 OR 3 DIMES THEN I SEND OUT FOR A CHECK FREE FED EX.IS THIS ASKING FOR TO MUCH
THIS IS HOW I HAVE ALWAYS DONE IT OFFSHORE AND I DONT FEEL LIKE GOING TO GET MONEYBOOKERS, CREDIT CARDS,OR WHATEVER SYSTEM MATCHBOOK OFFERS JUST GIVE ME WESTRN UNION AND PAY ME WITH A FREE FED EX CHECK AND I AM HAPPY.
I JUST WANT IT TO BE SIMPLE I GO TO THE WESTERN UNION OFFICE I SEND OUT 800 DOLLARS I BET IT ALL ON MY FIRST GAME HOPEFULLY I WIN AND PLAY WITH THE SPORTSBOOKS MONEY.I WIN 2.5 OR 3 DIMES THEN I SEND OUT FOR A CHECK FREE FED EX.IS THIS ASKING FOR TO MUCH
THIS IS HOW I HAVE ALWAYS DONE IT OFFSHORE AND I DONT FEEL LIKE GOING TO GET MONEYBOOKERS, CREDIT CARDS,OR WHATEVER SYSTEM MATCHBOOK OFFERS JUST GIVE ME WESTRN UNION AND PAY ME WITH A FREE FED EX CHECK AND I AM HAPPY.
DOUG HOW COME THEY DONT ACCEPT WESTERN UNION AND HOW DO YOU COLLECT IF THEY DONT HAVE FED EX.SEEMS LIKE A PAIN IN THE ARSE BOOK TO ME.
I JUST WANT IT TO BE SIMPLE I GO TO THE WESTERN UNION OFFICE I SEND OUT 800 DOLLARS I BET IT ALL ON MY FIRST GAME HOPEFULLY I WIN AND PLAY WITH THE SPORTSBOOKS MONEY.I WIN 2.5 OR 3 DIMES THEN I SEND OUT FOR A CHECK FREE FED EX.IS THIS ASKING FOR TO MUCH
THIS IS HOW I HAVE ALWAYS DONE IT OFFSHORE AND I DONT FEEL LIKE GOING TO GET MONEYBOOKERS, CREDIT CARDS,OR WHATEVER SYSTEM MATCHBOOK OFFERS JUST GIVE ME WESTRN UNION AND PAY ME WITH A FREE FED EX CHECK AND I AM HAPPY.
First off, Jeem....Why do you prefer WU over Moneygram ?
Matchbook and 5d used to both use a place in Florida , via MG, for awhile...you don't want excessive transfers , Beaner, BTW !
Transfer from 5Dimes, Jimmy, since you're killing them.
That's the best way for you. $500 from 5d, to MB, make $100 bets until you, get used to it, make $10 bets until if still uncertain !
You ain't that stupid, and I've offered ( several times) to walk you through it.
Transfer $500 ( minimum) from 5d to MB, I'll talk you through it, step by step , over the phone !
Nah it's still 2 cent worse because they charge commission whether you win or lose. It would be 1 cent worse if they only charged commissions on winnings. It goes like this:
You bet 105 to win 100 at -105 and they charge you a commission of 1 dollar since 100 is the smaller of the two amounts. So if you lose you lose 106 (105 + 1 commission), if you win you win 99 (100 - 1 commission.) 106/99 is -107.07 so just about 2 cent worse.
