Matchbook zero

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Euler
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Just stumbled across this, this morning: -

https://www.matchbook.com/zero

Matchbook appear to be really going for it at the moment.
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Archangel
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;) Do we need a Matchbook version of BetAngel ?
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jamesedwards
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Limited to one bet per market with max £20 stake. Can't trade in and out. Seems to be a traditional sportsbook with straight 100% book and 0% commission.

I wonder what the motive is? Drive market share and volume in their traditional Exchange and casino products?

I've not yet touched Matchbook but I hear they have tendency to restrict long-term winners?
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jamesedwards
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Example. As you would expect, all selections sit priced between Betfair back and lay prices so offers better value all round. Prices move in tandem so presumably the Matchbook book tracks and simultaneously follows Betfair.
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wearthefoxhat
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jamesedwards wrote:
Thu Jun 29, 2023 2:32 pm
Example. As you would expect, all selections sit priced between Betfair back and lay prices so offers better value all round. Prices move in tandem so presumably the Matchbook book tracks and simultaneously follows Betfair.

Yep, noticed that too.
weemac
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An exchange using a rival exchange's odds for pricing?

Now there's confidence for you!
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jamesedwards
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weemac wrote:
Thu Jun 29, 2023 3:20 pm
An exchange using a rival exchange's odds for pricing?

Now there's confidence for you!
Matchbook Zero is not an Exchange. It's a 100% book sportsbook.

They could be using their own Exchange to drive the odds as their own Exchange follows Betfair very closely too. Looks like there is a load of cross matching going on between the two Exchanges. Perhaps Matchbook have a liquidity provider that also works with Betfair?
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Euler
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Betfair won't license their odds feed for anything less than serious money, but I'd imagine Matchbook are smart enough to pull the data in anyhow.

Matchbook seed their markets, so they aren't keen on smart types like us.
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Euler
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My initial thought was it was a neat piece of marketing.
AndreasPasok
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I have been using Matchbook Zero for arbing since it got launched and the P&L was substantial (at least for me :P).

As of noon this morning I wasn't able to access any markets. I contacted Live Chat and they told me it was a "Business Decision" to revoke my access to the platform. I can still use the normal exchange.
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Last edited by AndreasPasok on Wed Oct 11, 2023 6:55 pm, edited 1 time in total.
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Euler
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It appears lots of people are too smart for Matchbook.
fluffyboris
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AndreasPasok wrote:
Wed Oct 11, 2023 6:53 pm
I have been using Matchbook Zero for arbing since it got launched and the P&L was substantial (at least for me :P).

As of noon this morning I wasn't able to access any markets. I contacted Live Chat and they told me it was a "Business Decision" to revoke my access to the platform. I can still use the normal exchange.
Hello Andreas.

Could you please share how you used Matchbook Zero for arbing as I thought this would be impossible given that the odds on offer are higher than backing on an exchange but also less than laying on an exchange?
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