Horse Racing at Matchbook
|Size of Wager accepted||6/10|
|Offers and Free Bets||7/10|
|Restrictions/Closing of accounts||10/10|
|Competitive Racing Odds||7/10|
|Overall rating out of 50||38/50|
Matchbook Racing Review
The Matchbook Betting Exchange burst onto the market in 2017 with the development of a high-tech, state of the art website, and have made great strides since in challenging the dominance of the market leader Betfair.
They have been aggressive in their marketing in a bid to attract the much needed liquidity that any exchange needs to grow and thrive, and are rapidly replacing Betdaq as the serious challenger in a very competitive and cutthroat industry.
They have a big marketing budget and have used it cleverly, both with "commision free" offers on racing and in their sponsiorship of some of the biggest race meetings in the calendar such as Glorious Goodwood.
Matchbook Cash Back Offer
Matchbook are currently offering customers up to £500 cash back on commissions paid through your first month of betting on the Matchbook exchange.
For every £1 you pay in commission at Matchbook, you will earn 1 Matchbook Point. When you collect 5 Matchbook Points, you will receive £5 credited to your account.
To learn more about the current Matchbook offer, read our detailed Matchbook review.
Matchbook Racing Coverage
Matchbook exchange racing offer a comprehensive range of bets, with win and place, alongside forecast and occasional matchbets on selected big races.
They are not up overnight on most racing, but the markets are extremely thin these days at an early stage and most of the action/bigger liquidity takes place when the markets are more established close to the off. All the big ante-post races are up months in advance and the liquidity is in reasonable size, with a growing number of big-hitting players in the UK and Ireland being enticed by very attractive rates of Matchbook commision on their wagers (in 2018 Matchbook racing offered "commision free" wagers for several months which covered both the Cheltenham and Aintree Festivals).
This remarkable offer proved extremely popular and has seen a massive surge in the liquidity available on horse racing markets (and has obviously attracted the big hitters needed to make exchange betting on horse racing viable for smaller players too).
Matchbook Racing Bet Types
The Matchbook racing exchange section offers all the bets you would expect of a leading racing exchange, with separate win and place markets that closely match the prices available elsewhere, and certainly close to the racetime there is significant depth in the markets to accomodate the bigger players aswell as more recreational punters.
At the moment it is not possible to do multiple bets combining your selections (that is available on the Betfair Sportsbook for example), but the introuduction of in-running betting on racing is a welcome step in the right direction and makes the Matchbook racing exchange an attractive alternative to their more established rival.
Matchbook Racing Live Streaming
At the current time there is no live streaming of horse racing on Matchbook racing, which is definitely a negative particularly for those players unable to access live pictures during the day or if they are on the move using the Mobile app.
Matchbook Racing Offers
One of the most attractive offers from the Matchbook exchange bookmaker is their zero commision on racing over a sustained period in 2018. This has definitely dramatically improved the crucial liquidity and turnover on racing markets, and has attracted some big player over from their more established rivals.
The normal Matchbook commision is based on turnover rather than profitability (like their main rival betfair), but it is likely that this new competitor in the market will continue to reduce the charges in a bid to attract punters over to their site.
There is also an excellent 500 Euro commision cashback offer for the first few months when you open the account, where upto 500 of the commision you paid during that time is returned to you directly into your Matchbook account. This effectively makes bets placed on the Matchbook racing exchange free for this period of time.
Matchbook Racing Mobile App
The Matchbook racing app marks the Matchbook exchange racing as one of the leader in its field, with superb technology and a very clean and easy to use interface for placing bets. The colours on the horse racing exchange are similar to their main rival, with blue for backing on the left and pink for laying on the right, and the bet acceptance and confirmation process is extremely straghtforward on the Mobile App.
Depositing and withdrawing is a speedy and safe process, and the Matchbook Racing Exchange has led the way in fast withdrawals that now rival leading conventional bookmakers like Skybet (fund back with the punter the next day in my experience of using the Matchbook racing app.