Betfair vs. Matchbook: Betting Exchange Markets, Odds, and More
T&Cs apply | Wagering and T&Cs apply | Commercial content | New Customers Only | 18+
Betfair and Matchbook are two of the biggest betting exchanges in the world. Letting bettors sometimes go head to head on their wagers, rather than taking on the book directly.
With this type of betting growing in popularity, the battle of Betfair vs. Matchbook continues to heat up and this guide compares the two to determine the best betting exchange.
|Betfair vs Matchbook|
|Offer||Bet £10 Get £10|
|£20 free bet|
|Live betting & streaming||3/5||5/5|
Matchbook welcome offer T&Cs:
New Customers Only. Place a bet of £10 or more as your first bet and we will give you £10 when the bet settles. Bonus funds must be rolled over once at odds of 2.0. Maximum refund is £10. This offer is only available to users who deposit with debit cards. 18+. T&C's apply
Betfair welcome offer T&Cs:
New customers only, bet up to €/£20 on the Exchange and if your first bet loses, we’ll refund you €/£20 in Cash. Bet must be placed in first 7 days of account opening. T&Cs apply
Sign-Up Offer: Betfair
Although the Matchbook offer is more straightforward than Betfair’s, it doesn’t move the needle for most players, especially those who prefer to play for higher stakes.
Betfair welcome offer is a bit more convoluted, but the £20 free bet, a key feature of the welcome offer, makes it a more worthwhile choice than the options offered by Matchbook.
As is the case with all welcome bonuses, what you get out of it may vary depending on your budgets and strategy.
Betting Markets: Betfair
In a comparison between the betting markets, Matchbook has all of the larger sports covered, as you would expect. However, in the Betfair v Matchbook battle for betting markets, Betfair offers better options than its competitor.
The Betfair website has a range of different sports available for users to wager on, not to mention tons of further markets within each sport. In addition, Betfair boasts a lot of novelty wagering options, such as the ability to bet on things like reality television and other novelties, that make some of their selection of markets over the top.
If Matchbook wants to win the Betfair vs. Matchbook debate going forward, it will need to address the lack of betting markets available.
Commission from an exchange site like Matchbook or Betfair is how the site makes money. Similar to how poker sites take a rake out of each hand or a percentage of the buy-ins during tournament play, commissions are taken from each wager between two players at betting exchanges.
In this case, Matchbook gets the better of Betfair in the debate between the two providers as Matchbook offers substantially lower commission rates. At Betfair, winning bets are charged a 5% commission, which can really add up over a short period of time.
Just 20 winning bets of the same size result in one full unit taken out of a player’s account due to commissions. Betfair does not charge a commission on losing bets, but winners can be taxed heavily.
However, winning bets through Matchbook are subject to a 2% commission charge. That is a stark contrast to Betfair and it is a factor that lands favourably for Matchbook.
Mobile App: Betfair
Matchbook’s app is easy to use in its own right, and shouldn’t be knocked. It is a great option for exchange bettors looking to bet on mobile. But players at Betfair know that their suite of apps is stronger than most online betting companies.
Therefore, it has done enough to earn another win in the Betfair vs. Matchbook app comparison.
Betfair has apps for their exchange, sportsbook, poker, and other specific niches of their site, which combine to give players a personalised experience when betting. The exchange app also performs admirably to keep the long list of apps working as intended for users.
Live Betting and Streaming: Betfair
The key to this section of our Betfair vs. Matchbook showdown is the fact that Betfair offers live streaming options, whereas Matchbook does not.
Betfair has access to live streaming for many sports including tennis, football, and horse racing. Coverage extends to the Russian Premier League and other notable European club football competitions.
The chance to bet on sports and watch matches from one convenient location is great for any fan and bettor. Matchbook’s lack of live streaming really hurts Matchbook in this area but Betfair is elevated substantially.
As for the live betting platforms, Betfair has more markets to offer than Matchbook. This could be a result of more players choosing Betfair over Matchbook. Therefore, Betfair has the ability to create more betting markets for users to select by comparison. But that is just another perk of choosing Betfair.
Overall Rating: Betfair
Both Matchbook and Betfair offer a lot for players to like when it comes to betting exchanges and these two brands are among the best betting exchanges available for users, for the most part.
But, in the Betfair vs. Matchbook showdown, Betfair gains the edge based on an excellent mobile app, more betting markets on offer, as well as a more substantial live betting and streaming department for bettors.
While there is definitely plenty of incentive to join Matchbook, with their commission rebate welcome bonus and overall lower commissions serving as the particular highlights, there just isn’t quite enough there for Matchbook to win this showdown of Betfair vs. Matchbook.