Matchbook vs Betfair: Which Betting Exchange to Choose?

Matchbook is a betting exchange that has been in operation since 2005. Betfair, on the other hand, has been in operation since 1999 and given its large reputation, it scarcely needs an introduction to fans of online gaming.

The two betting platforms are quite different, but which one comes out on top if you’re trying to choose between the two? Here is a closer look with our review.

Comparison table of Matchbook and Betfair’s welcome offers

Matchbook vs BetfairWelcome Bonuses (2021)RatingLinks to Welcome Bonus
2% Commission On All Sports CASHMATCH
Visit the website GET WELCOME BONUS
*This promotion only applies to the first bet placed and matched during the Promotional Period.
**Place 5 x £10 or more bets to receive £20 in free bets. Repeat up to 5 times to receive a maximum £100 bonus.

Welcome Bonus: Matchbook Wins

Betfair: 3/5 ⭐⭐⭐

Betfair players can look forward to receiving a 100% matched bonus up to £100. To do so, the player must bet their total bonus wallet four times. Once this has been done, both the bonus and the winning will be passed over to the main wallet.

The terms and conditions around this welcome bonus can make it difficult to unlock, so you will have to ensure that you time everything right. If you manage to do so, then you can look forward to receiving an attractive bonus.

Matchbook: 4/5 ⭐⭐⭐⭐

Using the code CASHMATCH,

Of course, there are a series of terms and conditions that players must fulfill in order to effectively unlock their welcome bonus. It is important to understand, however, that this welcome bonus is perhaps much easier to access when compared to the Betfair bonus.

Sportsbook & Odds: Matchbook Wins

Betfair: 3/5 ⭐⭐⭐

Betfair, betting exchange, covers a wider range of markets when compared to Matchbook, and its odds are consistent given that Betfair offers both an exchange and a traditional sportsbook. Players can look forward to receiving some great odds on a range of their favorite sports, given that Betfair is renowned for its diverse and strong sportsbook offering.

A range of regular promotions also means that players can boost their odds and win even more on the bets that they make.

Matchbook: 4/5 ⭐⭐⭐⭐

Matchbook is a betting exchange, meaning that its odds are established between players who are willing to bet with one another. This means that the odds are incredibly competitive but often restricted to the most popular sports. Matchbook makes its money by taking a commission on each transaction that is made on its platform.

Matchbook is so popular because its commission rate is incredibly competitive. This means that it is possible to find some really great odds on Matchbook, if you are willing to search and be patient.

Bonus for Existing Players: Betfair Wins

Betfair: 4/5 ⭐⭐⭐⭐

Betfair offers a huge range of ongoing promotions to its players, meaning that there is always something for them to enjoy and potentially boost their winnings with. Betfair maintains an extensive list of its ongoing promotions, and it is really quite staggering the variety that is on offer.

Players can look forward to boosting their odds on a range of sports and markets. This means that players should regularly check back here to see how they can change their gaming experience and boost their odds.

Matchbook: 2/5 ⭐⭐

Matchbook offers all-round interesting odds, but players might be underwhelmed if they are hoping to see some bonuses for existing players. Again, players can check back to the Matchbook website to see the ongoing promotions.

Unfortunately, players should not expect to see much here. The promotions are divided between the exchange and the casino, but there is only one ongoing bonus to complement the welcome bonuses. This is a 1.5% New Win rate on horse racing bets which is great, but there is not much in the way of variety for players on Matchbook.

Additional features

Live Stream

Matchbook does not currently offer live streaming and although this could potentially change in the future, it seems as though the platform is content with its clean and stripped-back approach.

Betfair, on the other hand, does offer a live streaming service and players who meet the minimum bet requirement (which varies according to the sport) can look forward to streaming horse and dog racing. Some sports are also available from the UAE, Australia, and Singapore.

This inclusion of a streaming service means that Betfair comes out on top here. With that said, it is becoming more common for live streaming services to be offered, so you should check with other providers to assess their offering if you are particularly interested in a live streaming option.

Mobile Special offer


Neither of the platforms offers particular bonuses that are specific to mobile, but all of the desktop offers are available for use on mobile devices. This means that the normal bonuses apply, giving Betfair the edge in this category too.

The player does not have to do anything special to unlock those offers on mobile – the terms and conditions are the same as those on the desktop.

Cash out

Both of the platforms offer a cashout feature and both platforms outline the specific terms and conditions on their respective websites. The Cash Out feature is a great way for players to protect their winnings and protect their bets.

The Matchbook Cash Out feature allows players to lock in a profit or reduce their exposure on a bet that has been matched. It takes just a single click for players to collect their bets that they have placed on a runner. The amount is calculated in real-time according to the liquidity that is available on the market.

The Betfair Cash Out feature is similar, allowing players to forfeit a bet during the match. This can result in the players getting a nice profit before the game has even ended or save some money on a bet that is clearly going to lose.

Making the most of the Cash Out feature is a delicate science and it will take some time for players to develop a winning strategy. In this sense, however, the two platforms are evenly matched.