{"id":2771,"date":"2017-11-24T16:09:07","date_gmt":"2017-11-24T16:09:07","guid":{"rendered":"https:\/\/www.oddsmonkey.com\/blog\/?p=2771"},"modified":"2026-04-10T11:48:01","modified_gmt":"2026-04-10T10:48:01","slug":"matchbook-betting-exchange","status":"publish","type":"post","link":"https:\/\/www.oddsmonkey.com\/blog\/matched-betting\/matchbook-betting-exchange\/","title":{"rendered":"What is the Matchbook betting exchange?"},"content":{"rendered":"\r\n<p class=\"wp-block-paragraph\">Let&#8217;s start with the basics: Matchbook is a betting exchange. A betting exchange is a marketplace where you act as the bookmaker. The Matchbook betting exchange is one of the 4 main exchanges operating in the UK. <a href=\"https:\/\/www.oddsmonkey.com\/blog\/matched-betting\/betting-exchange-sites\/\">Find out more about the others in this post.<\/a><\/p>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\">If you&#8217;re not already signed up to Matchbook, you can do by clicking the link below, it&#8217;ll only take a couple minutes of your time.<\/p>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><a class=\"cta-lock cta-arrow\" href=\"http:\/\/wlmatchbook.adsrv.eacdn.com\/C.ashx?btag=a_320b_2910c_&amp;affid=263&amp;siteid=320&amp;adid=2910&amp;c=\">Sign up to Matchbook<\/a><\/p>\r\n\r\n\r\n\r\n<h1 class=\"wp-block-heading\">The Matchbook betting exchange<\/h1>\r\n\r\n\r\n\r\n<h2 class=\"wp-block-heading\">About Matchbook<\/h2>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\">Matchbook started in 2004 and is\u00a0licensed by the\u00a0\u00a0AGCC (Alderney Gambling Control Commission). Licensing is always important when it comes to bookmakers and betting exchanges as your money is involved.<\/p>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\">The company was created by a group of professional sports bettors. They wanted to create a betting exchange that appealed to bettors of all experience levels. From those who only get involved in the National to long-term, professional bettors.<\/p>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\">Matchbook offers odds for a variety of well-known sports, including football, rugby (league and union), and horse racing. The site also offers odds for things like Australian rules football, MMA and ice hockey.<\/p>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\">The Matchbook betting exchange isn\u2019t just for sports fans though. They also offer an online casino and run regular football pools. There&#8217;s something for everyone.<\/p>\r\n\r\n\r\n<hr class=\"wp-block-separator\" \/>\r\n\r\n\r\n<h2 class=\"wp-block-heading\">Matchbook commission<\/h2>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\">Unlike when you bet with a bookmaker, you&#8217;ll usually pay commission on bets placed at the betting exchange. Commission rates vary exchange to exchange. Betfair, for example, charges 5%, whilst Matchbook&#8217;s rate is one of the lowest available.<\/p>\r\n\r\n\r\n\r\n<h2 class=\"wp-block-heading\"><strong>Betting exchanges: A quick overview<\/strong><\/h2>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\">As I mentioned earlier, a betting exchange is an online marketplace. A bookmaker is too, so how are they different? Well, both offer many of the same betting opportunities but there are a few differences.<\/p>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\">When you place a bet at a bookmaker, you&#8217;re betting against that company with the odds offered. Here&#8217;s a quick example: if you place a &#8216;back&#8217; bet at Coral, they&#8217;ll receive your money if your bet loses. If you win, they&#8217;ll be the ones who pay you out of their own pocket.<\/p>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\">However, when you bet using a betting exchange, you&#8217;re actually wagering against fellow punters. This is where the &#8216;marketplace&#8217; comment comes in. The exchange connects you to bettors with opposing views to yours. As a result, betting exchange users are able to \u2018lay\u2019 against a result, which means that they&#8217;re playing the role of the bookie.<\/p>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.oddsmonkey.com\/blog\/matched-betting\/back-and-lay-betting\/\">Find out more about &#8216;back&#8217; and &#8216;lay&#8217; betting in this post.<\/a><\/p>\r\n\r\n\r\n<hr class=\"wp-block-separator\" \/>\r\n\r\n\r\n<h2 class=\"wp-block-heading\">Using the Matchbook betting exchange to make money<\/h2>\r\n\r\n\r\n\r\n<p class=\"wp-block-paragraph\">Matched betting is a way to turn bookmaker free bets and offers into real money. Read our guide <a href=\"https:\/\/www.oddsmonkey.com\/matched-betting\/what-is-matched-betting\/\">&#8216;What is Matched Betting?&#8217;<\/a> for more information. Matched betting works by &#8216;matching&#8217; your bets &#8211; placing one a bookmaker and the other at a betting exchange. A Matchbook betting exchange account is ideal for matched betting, especially with the current commission rate offer. Download your free introduction today to find out more about matched betting.<\/p>\r\n\r\n\r\n","protected":false},"excerpt":{"rendered":"<p>Let&#8217;s start with the basics: Matchbook is a betting exchange. A betting exchange is a marketplace where you act as the bookmaker. The Matchbook betting exchange is one of the 4 main exchanges operating in the UK. Find out more about the others in this post. If you&#8217;re not already signed up to Matchbook, you [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_breakdance_hide_in_design_set":false,"_breakdance_tags":"","footnotes":""},"categories":[79,61,93],"tags":[],"class_list":["post-2771","post","type-post","status-publish","format-standard","hentry","category-beginner","category-matched-betting","category-sports-betting"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\r\n<title>Matchbook betting exchange guide | OddsMonkey Blog<\/title>\r\n<meta name=\"description\" content=\"The matchbook betting exchange is one of four exchanges in operation. Matchbook lets you play as the bookie. Find out more about lay bets and commission.\" \/>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/www.oddsmonkey.com\/blog\/matched-betting\/matchbook-betting-exchange\/\" \/>\r\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\r\n<meta name=\"twitter:title\" content=\"Matchbook betting exchange guide | OddsMonkey Blog\" \/>\r\n<meta name=\"twitter:description\" content=\"The matchbook betting exchange is one of four exchanges in operation. Matchbook lets you play as the bookie. Find out more about lay bets and commission.\" \/>\r\n<meta name=\"twitter:creator\" content=\"@oddsmonkey\" \/>\r\n<meta name=\"twitter:site\" content=\"@oddsmonkey\" \/>\r\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jenna OddsMonkey\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\r\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.oddsmonkey.com\\\/blog\\\/matched-betting\\\/matchbook-betting-exchange\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.oddsmonkey.com\\\/blog\\\/matched-betting\\\/matchbook-betting-exchange\\\/\"},\"author\":{\"name\":\"Jenna OddsMonkey\",\"@id\":\"https:\\\/\\\/www.oddsmonkey.com\\\/blog\\\/#\\\/schema\\\/person\\\/aabb3fa99fcd5c87722cdf9877b72a91\"},\"headline\":\"What is the Matchbook betting exchange?\",\"datePublished\":\"2017-11-24T16:09:07+00:00\",\"dateModified\":\"2026-04-10T10:48:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.oddsmonkey.com\\\/blog\\\/matched-betting\\\/matchbook-betting-exchange\\\/\"},\"wordCount\":494,\"articleSection\":[\"Beginner\",\"Guide to Matched Betting\",\"Sports Betting\"],\"inLanguage\":\"en-GB\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.oddsmonkey.com\\\/blog\\\/matched-betting\\\/matchbook-betting-exchange\\\/\",\"url\":\"https:\\\/\\\/www.oddsmonkey.com\\\/blog\\\/matched-betting\\\/matchbook-betting-exchange\\\/\",\"name\":\"Matchbook betting exchange guide | OddsMonkey Blog\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.oddsmonkey.com\\\/blog\\\/#website\"},\"datePublished\":\"2017-11-24T16:09:07+00:00\",\"dateModified\":\"2026-04-10T10:48:01+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.oddsmonkey.com\\\/blog\\\/#\\\/schema\\\/person\\\/aabb3fa99fcd5c87722cdf9877b72a91\"},\"description\":\"The matchbook betting exchange is one of four exchanges in operation. 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