Matchbook Exchange Sports Betting Review (2024)

Registration Process 4.5/5

• 3-step process
• Guidance was easy to understand
• Process takes a matter of minutes

Signing up at a new sportsbook may seem like a daunting prospect for new players. Fortunately, Matchbook guides you through the process, meaning it could not be easier to start betting! Registration consists of three basic steps, and your account will be set up within a matter of minutes.

First off, you’ll need to locate the ‘JOIN NOW’ icon. This should be easy, as no matter where you navigate on the website, it remains in the top-right corner.

After clicking this, you will be directed to the first stage of the registration.

In the first section, you need to enter your general account details. This includes your name, date of birth, username, email address, currency of choice and password. We recommend that you make your password as secure as possible and use numbers, symbols, and upper and lower case letters.

At this point, you should also enter the promo code: COMMFREE110 to benefit from 0% commission for the first 110 days of betting. The offer is an excellent long term bet – perfect for frequent bettors.

The second step is just as easy: you only need to provide your address and phone number. If you’re wondering why an online betting site needs your address, it’s a legitimate question – the operators need to collect this data as additional information for verification purposes.

The third step in the registration process involves a set of security questions and answers to help further protect your account. Finally, all you have to do is agree to the terms and conditions, make your first deposit, and start betting.

Overall, signing up with Matchbook was no problem at all for us. At every stage of the process, the instructions were very clear, so we were able to start placing bets within five minutes.

Welcome Offer 5/5

• 0% Commission for 110 Days on all sports
• Use Bonus Code: COMMFREE110

An excellent welcome offer, Matchbook’s 0% commission offer is definitely worth exploring. Taking advantage of this promotion when you register with Matchbook is a no-brainer, as it’s the longest 0% commission period of any exchange at 110 days.

In order to claim this promotion, simply follow these steps:

Other Key Terms and Conditions

Part of the joy of the promotion, is of course, in its simplicity. But there are always terms and conditions to keep in mind, even for the most straightforward of sign-up offers. Beyond what is explained in our step-by-step process of using the bonus, here are some other key terms and conditions you should be aware of.

Do note that this and all other Matchbook promotions (and indeed, any kind of bonus offer) alongside their terms and conditions are subject to change at the whims of the bookmaker. Now, we don’t think this is particularly likely in this case. But it is important to note before we get to those key terms that the only way of being entirely sure you have the most up-to-date version of the offer is by checking the terms for yourself. We, of course, update all information about the most recent bonus offers as soon as we can, but as they can change at any time, we always advise our readers to check for themselves to avoid disappointment.

With that in mind, here are the most important terms you should know at the time of writing:

• It is only available to new customers, meaning existing customers are not eligible.
• It is strictly one promotion per person. Any attempt to acquire the promotion through multiple accounts is taken very seriously by Matchbook, with account suspensions likely for any infraction in this regard.
• The 110-day period starts as soon as you register. After this period, your account will automatically be reset to the standard commission rate.
• ‘Enhanced specials’ are excluded from the promotion.
• Certain payment types, including paysafecard, Skrill and NETELLER, are exempt from this promotion. Credit cards are also banned from being used on betting sites in the UK, which naturally means they can’t be used for this promotion, although plenty of credit card alternatives are available.
• You cannot use this promotion alongside any other welcome offer.

These terms are typical and are not only in line with what we would expect from such a high-calibre bookmaker, but also exceed our expectations, cementing this welcome offer as one which is well worth your consideration.

£20 if Your First Bet Loses

Matchbook has a second welcome offer available, which gives users £20 money back as a free bet if their first bet loses.

Users can benefit from this offer when signing up to Matchbook with the bonus code MB20. When placing the first bet at minimum odds of 1.8, if the bet loses the stake will be refunded as a £20 free bet. Terms and conditions apply.

Pre-match Offer 3.5/5

• Not all sports markets available
• No esports
• Markets they do have are fairly deep

Matchbook’s range of sports is fairly impressive for a betting exchange, though not as comprehensive as some other exchanges in the UK.

Of course, all the most popular markets are covered extensively, including football, tennis and cricket betting. However, those looking for niche sports like badminton, Formula One or handball, to name but a few, will have to search elsewhere.

What Matchbook lacks in availability, it more than makes up for in usability. Placing a back or lay bet is straightforward. Moreover, in most cases, odds are already available and can be adjusted using the plus or minus symbols on your betting slip.

For the sake of this review, we decided to bet on Newcastle United vs Leeds. Matchbook suggested odds of 4.0 for a back bet on the home team to win. However, we could easily adjust this to create our own market.

In the end, we opted to back Newcastle at 4.5, placing a stake of £10 for a potential profit of £35. This bet was then matched by another player, although, as the Magpies failed to win, we did not receive our £35. If we had won, Matchbook would have taken a 2% commission on our winnings. However, as we lost, we were not charged any commission at all.

This process is replicated across all markets, and on all sports. Even if no market has been created on one specific event, players can create one, provided they can find a fellow Matchbook user willing to back or lay their selection. This creates far more choice for players than at a traditional sportsbook.

One of the drawbacks of Matchbook’s pre-game selection is their lack of esports betting selections. With more and more bookmakers taking these markets seriously, this is something the operator should look into, in order to give their customers even more options. 

Matchbook is making progress in adding betting markets – so far they have added both politics and virtual sports to their sports exchange. Matchbook has also created an innovative new betting platform called Matchbook Zero, which offers the best value for users.

Security 4.5/5

• Fully licensed to operate in the UK
• Possesses two licences in total
• All transactions secured with SSL data encryption

One of the first things we check during our bookmaker reviews is an operator’s licensing credentials. Betting with an unregulated sportsbook is a recipe for disaster; rest assured, however, there is no danger of that if you sign up and bet with Matchbook.

That is because the betting exchange is operated by Triplebet Limited, who are fully licensed to operate in the UK by the Gambling Commission. For non-UK customers, Triplebet is, in turn, licensed by the Alderney Gambling Control Commission.

In terms of player security, Matchbook scored highly. Every financial transaction on the website and app is secured with SSL data encryption, which ensures that each player’s personal information is kept well out of the reach of scammers.

In addition, we also appreciated Matchbook’s commitment to safer gambling. Not only was setting deposit limits on our account extremely easy, but the operator also has partnerships with GamStop and Problem Gambling Support. This is further evidence of the brand’s enthusiasm for keeping its users safe.

Design & Usability 5/5

• Sleek and easily navigated site
• Search function is a great addition
• Podcast and Insights create a feeling of community

The Matchbook website is aesthetically pleasing, but it is also designed with usability in mind.

Featuring a minimalist red, black and grey colour scheme, the site’s layout is understated but effective. Navigation is also extremely simple. At the top of each page is a search bar, while the litany of drop-down menus makes it easy to find what you are looking for. The back-end development is also strong, meaning loading times were never a problem.

Matchbook’s website has several unique features. We particularly enjoyed the ‘Insights’ portion, which contained both betting tips and industry news.

The operator’s podcast is another nice touch. Hosted by a number of industry experts, it was named Betting Podcast of the Year in 2019 and 2020 by the Smart Betting Club. A wide range of sports is covered, with horse racing, greyhounds, football, NFL, and cricket all being discussed so far this year. The addition of the podcast and the conversational tone of the operator’s blog posts both add to the community feel of the website in general.

Other Products

• Fine online casino
• Games from both Red Tiger Gaming and NetEnt
• Live casino also available with no need for a separate account

As well as offering a superb betting exchange, Matchbook also possesses a great casino. It features some of the biggest slots in the world, such as Starburst, Gonzo’s Quest and The Wings of Ra – with all games being provided by the award-winning Red Tiger Gaming and NetEnt.

Matchbook also offers a wide selection of table games including Craps, video poker, blackjack, roulette and several other casino staples. They have also added a live section for many of the aforementioned games.

There is also a strong live offering for those players who want to experience the buzz of a brick-and-mortar casino from the comfort of their own home, including titles like Monopoly and Deal or No Deal. These alternative gaming possibilities help to keep things fresh for players.