How to Place Bets on Matchbook

(1)Log into Matchbook

Matchbook

Matchbook Login

After entering your Username and Password, click “LOGIN” to continue.

(2)Select the game/match that you would like to bet on

Matchbook Soccer - England Premier League

In this example, we will show you how to place a bet on an English Premier League soccer game. First, click on “SOCCER” from the list of sports on the left-hand side of the screen. Then click “ENGLAND” followed by clicking on “PREMIER LEAGUE”.

(3)Select your bet type

Matchbook England Premier League Match Odds

One of the easiest to understand bet types is “Match Odds” (also known as Money Line or Full Time Result). A Match Odds bet means you pick which team you think will either 1) win, 2) tie, 3) not win or 4) not tie. In our example above, we have the following six bet choices:
1 (Blue) – Home) Man Utd to win
1 (Red) – Home) Man Utd to not win ※ a Swansea win or a tie would equal a winning bet
2 (Blue) – Away) Swansea to win
2 (Red) – Away) Swansea to not win ※ a Man Utd win or a tie would equal a winning bet
X (Blue) – Man Utd to tie Swansea
X (Red) – Man Utd to not tie Swansea ※ a Man Utd win or a Swansea win would equal a winning bet

In this example we will pick Man Utd to not win, therefore we will click on the odds 1.382.

Matchbook Game Time

※ If you click on “MAN UTD VS SWANSEA”, the date and time of the match will appear. The date and time are displayed based on the current time zone of your IP address. The only way for the time zone setting to be changed is if you log in to your Matchbook account from an IP address in a different time zone.

(4)Enter your bet amount

Matchbook Bet Slip

After clicking the odds that you would like a fellow bettor to place a bet on, your bet selection will show under BETSLIP on the right-hand side of the screen.

Once you enter in the stake for a fellow bettor (the amount of money that you would like a fellow bettor to bet) known as “BACKER’S STAKE”, the amount of risk that you would be responsible for, known as liability, will be shown automatically in the “LIABILITY” text box ($3.82 in this case).

If you were to win your bet (in other words, the bettor would lose his/her bet), $10 would be your profit and a total of $13.82 would be returned to you. ※ Note that the $13.82 amount does not include Matchbook’s 1.0% commission that would be assessed on your $10 profit.

If you were to lose the bet (in other words the opposing bettor wins the bet), you would lose your liability ($3.82 in this example) to the opposing bettor. In addition, Matchbook will assess a 1.0% commission on your liability, thus $0.04.

Once you are finished adjusting the odds and either the “BACKER’S STAKE” or your “LIABILITY”, click on the check mark to continue.

Matchbook Bet Slip Review Order

On the next screen review your bet order. If you do not have any changes, click “Place bet” to submit your bet(s) to the exchange for a fellow bettor to view and accept.

Matchbook Bet Slip

Using the same example, if you were to adjust your “LIABILITY” from 3.82 to 10, the “BACKER’S STAKE” will be automatically calculated for you based on the odds indicated (note that you can change the odds as well).

If you were to win your bet (in other words, the bettor would lose his/her bet), $26.20 would be your profit and a total of $36.20 would be returned to you. ※ Note that the $36.20 amount does not include Matchbook’s 1.0% commission that would be assessed on your $26.20 profit.

If you were to lose the bet (in other words the opposing bettor wins the bet), you would lose your liability ($10 in this example) to the opposing bettor. In addition, Matchbook will assess a 1.0% commission on your liability, thus $0.10.

Once you are finished adjusting the odds and either the “BACKER’S STAKE” or your “LIABILITY”, click on the check mark to continue.

Matchbook Bet Slip Review Order

On the next screen review your bet order. If you do not have any changes, click “Place bet” to submit your bet(s) to the exchange for a fellow bettor to view and accept.

※ Other Bet Options

If you refer to the screenshot below, you will see “VIEW FULL MARKETS” at the bottom right of the game’s odds.

Matchbook Full Markets

If you click on this button, all available bet types will be shown to you for this particular game as in the example below.

Matchbook Bet Options

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How to Place Bets on Matchbook
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Looking to make a wager at Matchbook? View here for a step-by-step guide. Plus, learn how to register, deposit, and withdraw your money/winnings.

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