Commissions explained
Matchbook Commission Structure
Matchbook charges a small commission on each bet you place.
If you post an offer , which another user subsequently matches, you will be charged 0.5% commission, calculated on volume
If you accept an offer , which another user has posted, you will be charged 1.0% commission, calculated on volume.
These commission rates will be applied to the Win amount on winning bets. For losing bets, it will be applied to the lesser of the stake or potential Win amount.
Please see below for examples.
Your bet:
Man Utd win the match (You win your bet)
- If you posted the offer, backing Man Utd at 2.50 for €100, and another user matched your bet, you will pay €0.75 in commission
- This is equal to 0.5% on your profit of €150
- If you accepted the offer, backing Man Utd at 2.50 for €100, you will pay €1.50 in commission
- This is equal to 1.0% on your profit of €150
Liverpool win the match (You lose your bet)
- If you posted the offer, backing Man Utd at 2.50 for €100, and another user matched your bet, you will pay €0.50 in commission
- This is equal to 0.5% of the lesser of your stake (€100) or potential profit (€150)
- If you accepted the offer, backing Man Utd at 2.50 for €100, you will pay €1.00 in commission
- This is equal to 1.0% of the lesser of your stake (€100) or potential profit (€150)
Pushed/Voided Markets and Self-Matches
No commission at all is charged for pushed/voided markets. There is also no charge for any trades that you accidentally match against yourself.
Matchbook Rewards Program
In the coming weeks, Matchbook will be unveiling Matchbook Rewards, a multi-tiered customer loyalty program where you are rewarded with even lower commission rates depending on the amount you bet each month.
