[guy9bundes]

Is matchbook offering lower commissions for big players (instead of the usual %2)?

If so, what are the lower commissions and what is the turnover needed for this benefit?

Thanks

[Mudcat]

As far as I have ever heard or experienced, everyone gets the same deal on commissions at Matchbook. 2%.

They have 1% commission on baseball but, again, everyone gets the same deal.

[Frank]

You need to be a marketmaker to get a lower commision, not just a big player.

[Mark Shark]

Originally Posted by Frank

You need to be a marketmaker to get a lower commision, not just a big player.

That is correct Frank.....

[Mudcat]

Can anyone define that more? i.e. - how exactly do you get tagged as a market-maker and what lower commission would you get?

[Arilou]

Being a market maker essentially means agreeing to make real (both in size and in vig, details will vary) 2-way markets on a consistant basis, in a place where doing so substantially helps the book.

[icelancer]

As someone who has connections with market makers at Matchbook, I can definitely say that the lowered commissions are quite generous for MMs. Still, the rollover required to be one is pretty high and requires a huge posted bankroll. Not sure it's worth it, but my friends enjoy it all the same.

[Dark Horse]

Market making means you have a job with time demands. You can have the whole NBA 1H market at Matchbook. They'll be happy to give it to you, because they don't have that market now.

[Santo]

Of course the problem is that without good software and feeds the only bets you'll be getting are those that you don't want (being picked off)

[Mudcat]

Originally Posted by Dark Horse

Market making means you have a job with time demands.

Well described. I put up some offers sometimes - and I could do more if there was enough value in it in the form of lower commission. There may be an angle there depending on the exact requirements (# of markets and dollar amounts) and exactly what the lower commission rate is.

But I'm not looking for an actual second job.

[Mark Shark]

Originally Posted by Santo

Of course the problem is that without good software and feeds the only bets you'll be getting are those that you don't want (being picked off)

Santo you are right. The vast majority of bets you will receive are from steam betters who pick off your now bad line due to the market changing. I should know as I am one of them.