Matchbets is a US sportsbook founded as recently as 2020, but it’s already making a name for itself. The services it offers are of both a traditional and a peer-to-peer sportsbook. The sportsbook is operated by ESGS Processing Services Limited and runs under only a Curacao license, which is a downside for some. The wagering platform is powered by Everymatrix.
The bookmaker mainly targets customers from Germany, Finland, and North America, but bettors from more than 120 countries are accepted. The high odds on the biggest US sports are the main Matchbets sportsbook highlight. The vast range of Prop and Special bets are a close second.
Bets against other players
If you sign up for Matchbets, you can place bets against other users instead of the house. All bets placed are subject to a commission fee of 2%. There are two options for players: match an existing bet or create a bet and wait for another player to match it.
There are just three possible choices: Spreads, Moneylines, and Totals. Your bet will count as a standard sportsbook bet if no one matches it. 60 minutes before an event starts, you can cancel all open bets, either manually or automatically.
15+ sports to choose from
The operator offers 15+ sports, which include soccer, basketball, darts, and boxing. The overall payout is 95%. The lack of a live betting section is worth pointing out. The odds for BTTS, totals, and other secondary markets are quite good. Conversely, those on the WDW in soccer leave something to be desired.
You can bet on many different things, such as Corners, Cards, or Asian Handicaps. The payout is more than 96% in basketball. Over 70 markets are available, including Totals and Alternative Handicaps. You don’t have Player Specials here.
The baseball odds are quite good too. You can place bets on the first Inning Winner. You can also bet if there will be an Extra Inning. The sportsbook doesn’t have a wide variety of features though. Only the Full Cash Out one can be used on selected markets and sports.
Ease of use
The platform is highly rated in terms of the quality of the user experience. There are four different website languages to choose from. While there’s no app yet, the website’s design is simple, making it easy to navigate on a mobile device. Deposits are credited to your account instantly. Withdrawals can take up to 5 days. There is a small fee if you make a deposit with a credit card.
The sportsbook accepts VISA, Mastercard, Skrill, Interac, and a number of cryptocurrencies. They stand out with their high winning limits: you can win as much as a million dollars from a soccer bet.
Matchbets Pros
- Few country restrictions
- Ability to cancel all Matchbets
- 2% Matchbet Commission on Spreads
- Multiple Prop, Spread, and Future bets
- 100+ soccer markets on the top leagues
- High Odds on secondary bets
- Full Cash Out
- Asian Handicaps
- Card & Corner Bets
- 95%+ payout on basketball
- 24/7 Customer Support
- PayPal, Interac, Muchbetter accepted
- Cryptocurrencies supported
- High winning limits
Matchbets Cons
- Curacao license
- No live betting section
- Less than 20 sports
- 7-8% margin on the WDW in soccer
- Low liquidity on some sports
- No Auto/Partial Cash Out
- No Player Specials
- No Bet Builder & Edit Bet
- No mobile apps
- Few baseball markets
- Customer Service unknowledgeable
- $5 fee on credit card deposits
- Few promotions available