
Matchbook promotion – Get your average stake back
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Hello arbitrage traders! In one of our previous articles, named “Sports arbitrage betting – do you know how to place a lay bet?”, we showed you how to use the betting exchanges. One of them was the betting exchange Matchbook. Matchbook operates with the lowest commission on the market – only 1% – and so experienced arbitrage traders should have Matchbook in their portfolio of bookmakers. Bear in mind that 1% commission is calculated a little bit differently compared to Smarkets or Betfair. Matchbook charges not only winning bets, but also losing bets – that is the difference. But come on – 1% – it is still a great commission compared to Betfair! And having Matchbook as your bookmaker will definitely be worth it.
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For those of you who do not have a Matchbook account set up yet, Matchbook have prepared a great promotion that you can take an advantage of. Matchbook allows you the chance to get your average stake back. All you need to do is open a new account by clicking on the banner below. After you have done so, you have to place your first three bets on three different markets. Be aware – the odds of your first three bets must be 1.67 or higher with back bets; and with lay bets you need to place a bet with odds of 2.50 or lower.
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After your three bets are settled you will get back your average stake back. The maximum amount that you can get back is £50. For an arbitrage trader there is absolutely no problem placing three bets of £50 on the Matchbook betting exchange. Other terms and conditions apply, so read through them carefully as well. We wish you a great start with Matchbook betting exchange, and we hope this bookmaker is going to earn you a great profit from sports arbitrage bets!