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THE SHRINK · 07-04-09, 07:23 AM

If you have ever done so, what do you think of them compared with the standard way of betting against the book?

I prefer betting against another player and I also believe that betting exchanges are the future...

And, it's almost arrived...

Thoughts?

THE SHRINK

trytrytry · 07-04-09, 07:26 AM

harder to win at an exchange that is full of current sharp lines to the second...much easier to beat a book that puts out a number, might have an opinion, slow to move a line, etc... but if you have to wager on a game and its 15 minutes before game time your shooping best price would usually be at matchbook exchange on both sides! much to like...

Jimmy Hoffa · 07-04-09, 07:28 AM

I've been playing at Matchbook for the past 3 years.

In addition to the lowest juice available, their live in-game betting is second to none.

ballwonder · 07-04-09, 08:07 AM

I never have, although with football approaching I would really like it if someone had the time to start a thread and educate some of us in the stone age of how it works and some of the better ways of going about it.

lemonhead · 07-04-09, 08:57 AM

I still miss the Mansion exchange and Tradesports.

Reload · 07-04-09, 09:10 AM

Have done it and they are good to have in your arsenal but they cannot be all you have. Still plenty of reasons to have the traditional books as outs as well.

Blondie · 07-04-09, 09:23 AM

Quote:

Originally Posted by Jimmy Hoffa

I've been playing at Matchbook for the past 3 years.

In addition to the lowest juice available, their live in-game betting is second to none.

Couldn't agree more

kinosh · 07-04-09, 12:16 PM

If I could, I would open an exchange. It's a fabulous business model!

THE SHRINK · 07-04-09, 12:18 PM

Quote:

Originally Posted by kinosh

If I could, I would open an exchange. It's a fabulous business model!

Winner Winner Chicken Dinner!!!!

jimmymac24 · 07-04-09, 12:23 PM

I opened an account at matchbook but i would not use it for everything mainly because you can not do parlays and teasers. but it is a great way to cut out the middle man and increase your odds of winning longer term.

cheapseats · 07-04-09, 12:26 PM

Quote:

Originally Posted by THE SHRINK

Winner Winner Chicken Dinner!!!!

Extra-crispy too

.....

Reload · 07-04-09, 12:36 PM

Quote:

Originally Posted by kinosh

If I could, I would open an exchange. It's a fabulous business model!

Yeah - why not? The players are doing all the work. All you do is take a risk-free cut.

kinosh · 07-04-09, 12:59 PM

Quote:

Originally Posted by Reload

Yeah - why not? The players are doing all the work. All you do is take a risk-free cut.

Exactly! You give gamblers what they want (low vig), your costs are low, and you never have to worry about equalizing action on both sides.

Doug · 07-04-09, 02:19 PM

It's nice to have as many outs as you can, but these days you don't need more than about 5. ( if from USA).

MB should be your primary out, unless you specialize in props or something MB lacks. Then a couple of -105 places, and maybe a Bookmaker/Greek for openers.

I used to have up to 20 different books funded at a time, and well over 100 books ( Neteller days).

Today, I wouldn't go much beyond 5 books. Rarely even beyond MB and 5D, but Phoenix, Jamaica, Firstfidelity ,Vegasvic, are reasonable to have for baseball. Very few others.

munson15 · 07-04-09, 08:29 PM

I use Matchbook and love it. Easy to make a mistake when putting up an offer so you have to be careful to learn the system first. I consider teasers and parlays bad bets so I don't miss them at Matchbook, and they have plenty of futures which I do well with. Also, I enjoy the fact that Matchbook leaves futures up so offers can be made after the start of a particular season. More props would be nice, but if I was forced to fund only one account, it would be Matchbook.

Viejo Dinosaur · 07-04-09, 08:40 PM

Gambling against wise guys is much harder than gambling against soft lines...

THE SHRINK · 07-04-09, 08:43 PM

Quote:

Originally Posted by Viejo Dinosaur

Gambling against wise guys is much harder than gambling against soft lines...

Umm...

Most books I know of that deal soft lines aren't around too long...

Bucky · 07-05-09, 10:07 AM

You don't have to worry about getting paid from an exchange. They should have enough dough to pay all customers. Never heard of anybody getting run from an exchange for winning too much. Everybody is treated the same. No dual lines that I can tell. Some latency in offers from other players being put up on the screen / automation by some parties somewhere/ refreshes just don't provide 100% accuracy to the second prices.

But, it's all about value to win there so unless the player makes his own line and originates I don't see where he could get enough value to win long term.

Their baseball interactives have had pretty weak liquidity lately. I assume, it is becoming a shark tank of sharps and there is just no value ever being offered.

trytrytry · 07-05-09, 10:08 AM

Quote:

Originally Posted by THE SHRINK

Umm...

Most books I know of that deal soft lines aren't around too long...

really SIA has been around forever

Doug · 07-05-09, 11:19 AM

Quote:

Originally Posted by Bucky

You don't have to worry about getting paid from an exchange. They should have enough dough to pay all customers. Never heard of anybody getting run from an exchange for winning too much. Everybody is treated the same. No dual lines that I can tell. Some latency in offers from other players being put up on the screen / automation by some parties somewhere/ refreshes just don't provide 100% accuracy to the second prices.

But, it's all about value to win there so unless the player makes his own line and originates I don't see where he could get enough value to win long term.

Their baseball interactives have had pretty weak liquidity lately. I assume, it is becoming a shark tank of sharps and there is just no value ever being offered.

I agree, you'd have to making the offers, not taking them, and have instant scores for every game to keep offers good ( for you). I don't know if you'd even get many takers.

BCTTWR · 07-05-09, 12:09 PM

I use Matchbook. Lines are unbeatable. The majority of my plays I am paid a commission by Matchbook.

Bagiant · 07-05-09, 12:20 PM

Isn't it difficult to deposit to matchbook.?

Doug · 07-05-09, 01:23 PM

Quote:

Originally Posted by stuckinvegas

Isn't it difficult to deposit to matchbook.?

It's more difficult for me to deposit to Betjamaica.

Easiest way is to transfer from another book. My Visa works with MB, but not Jam.

Gold-pay seems to be catching on with more books, both of these have it.

07-04-09, 07:23 AM	#1
THE SHRINK EOG FOUNDER Join Date: Jul 19, 2005 Location: Chesapeake, Virginia Posts: 35,494	Who here has wagered at Betting Exchanges? If you have ever done so, what do you think of them compared with the standard way of betting against the book? I prefer betting against another player and I also believe that betting exchanges are the future... And, it's almost arrived... Thoughts? THE SHRINK

07-04-09, 07:26 AM	#2
trytrytry All I do is trytrytry Join Date: Aug 21, 2005 Location: minnesota Posts: 18,907	Re: Who here has wagered at Betting Exchanges? harder to win at an exchange that is full of current sharp lines to the second...much easier to beat a book that puts out a number, might have an opinion, slow to move a line, etc... but if you have to wager on a game and its 15 minutes before game time your shooping best price would usually be at matchbook exchange on both sides! much to like...

07-04-09, 07:28 AM	#3
Jimmy Hoffa Moderator Join Date: Aug 22, 2005 Posts: 19,685	Re: Who here has wagered at Betting Exchanges? I've been playing at Matchbook for the past 3 years. In addition to the lowest juice available, their live in-game betting is second to none.

07-04-09, 08:07 AM	#4
ballwonder Moderator Join Date: Nov 04, 2005 Posts: 25,342	Re: Who here has wagered at Betting Exchanges? I never have, although with football approaching I would really like it if someone had the time to start a thread and educate some of us in the stone age of how it works and some of the better ways of going about it. __________________ Check out EYE ON POKER where you will find all of our poker tournaments listed plus passwords for them as well. http://forums.eog.com/eye-on-poker/

07-04-09, 08:57 AM	#5
lemonhead Mentally defective? Join Date: May 10, 2006 Posts: 1,761	Re: Who here has wagered at Betting Exchanges? I still miss the Mansion exchange and Tradesports.

07-04-09, 09:10 AM	#6
Reload EOG Dedicated Join Date: Jan 17, 2006 Posts: 24,726	Re: Who here has wagered at Betting Exchanges? Have done it and they are good to have in your arsenal but they cannot be all you have. Still plenty of reasons to have the traditional books as outs as well. __________________ "Sometimes you just gotta say what the fuck...make your move"

07-04-09, 12:16 PM	#8
kinosh Dice are coming out! Join Date: Sep 17, 2006 Posts: 2,389	Re: Who here has wagered at Betting Exchanges? If I could, I would open an exchange. It's a fabulous business model!

07-04-09, 12:23 PM	#10
jimmymac24 EOG Addicted Join Date: Jul 26, 2006 Posts: 635	Re: Who here has wagered at Betting Exchanges? I opened an account at matchbook but i would not use it for everything mainly because you can not do parlays and teasers. but it is a great way to cut out the middle man and increase your odds of winning longer term.

07-04-09, 02:19 PM	#14
Doug stuck in a bad ****-tree Join Date: Aug 25, 2005 Location: "A Bush in the hand is better than two in the house" Posts: 5,424	Re: Who here has wagered at Betting Exchanges? It's nice to have as many outs as you can, but these days you don't need more than about 5. ( if from USA). MB should be your primary out, unless you specialize in props or something MB lacks. Then a couple of -105 places, and maybe a Bookmaker/Greek for openers. I used to have up to 20 different books funded at a time, and well over 100 books ( Neteller days). Today, I wouldn't go much beyond 5 books. Rarely even beyond MB and 5D, but Phoenix, Jamaica, Firstfidelity ,Vegasvic, are reasonable to have for baseball. Very few others.

07-04-09, 08:29 PM	#15
munson15 Thurm belongs in the HOF Join Date: Jan 17, 2007 Location: near Scranton, PA Posts: 21,149	Re: Who here has wagered at Betting Exchanges? I use Matchbook and love it. Easy to make a mistake when putting up an offer so you have to be careful to learn the system first. I consider teasers and parlays bad bets so I don't miss them at Matchbook, and they have plenty of futures which I do well with. Also, I enjoy the fact that Matchbook leaves futures up so offers can be made after the start of a particular season. More props would be nice, but if I was forced to fund only one account, it would be Matchbook.

07-04-09, 08:40 PM	#16
Viejo Dinosaur EOG Dedicated Join Date: Dec 24, 2008 Location: Thailand Posts: 5,707	Re: Who here has wagered at Betting Exchanges? Gambling against wise guys is much harder than gambling against soft lines...

07-05-09, 10:07 AM	#18
Bucky EOG Veteran Join Date: Aug 20, 2005 Posts: 1,915	Re: Who here has wagered at Betting Exchanges? You don't have to worry about getting paid from an exchange. They should have enough dough to pay all customers. Never heard of anybody getting run from an exchange for winning too much. Everybody is treated the same. No dual lines that I can tell. Some latency in offers from other players being put up on the screen / automation by some parties somewhere/ refreshes just don't provide 100% accuracy to the second prices. But, it's all about value to win there so unless the player makes his own line and originates I don't see where he could get enough value to win long term. Their baseball interactives have had pretty weak liquidity lately. I assume, it is becoming a shark tank of sharps and there is just no value ever being offered.

07-05-09, 12:09 PM	#21
BCTTWR EOG Dedicated Join Date: Aug 29, 2005 Posts: 2,047	Re: Who here has wagered at Betting Exchanges? I use Matchbook. Lines are unbeatable. The majority of my plays I am paid a commission by Matchbook.

07-05-09, 12:20 PM	#22
Bagiant EOG Dedicated Join Date: Aug 19, 2005 Posts: 2,744	Re: Who here has wagered at Betting Exchanges? Isn't it difficult to deposit to matchbook.?

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