Matchbets.com

Matchbets.com Review (2023)

Looking for a new way to bet on sports? We’ve got the sportsbook for you. Matchbets.com offers a new and exciting type of sports betting - matchbets. 

Before you get started on Matchbets.com, check out our guide below. Our team will cover everything you need to know about Matchbets.com. We’ll look at the site and what sports you can bet on, as well as how matchbets work and how to place a matchbet.

Ready to find out why Matchbets.com is a top sportsbook for Canadians? Let’s go!

About Matchbets.com

Matchbets.com is different from other Canadian sportsbooks. This site provides users with the opportunity to make regular sports bets (like you would find on any other sportsbook) or matchbets.

Learn more about matchbets and how they work below.

Owners and History

Mark Krause is the founder and CEO of Matchbets.com. He started the company in 2019 out of Denver, Colorado.

Krause saw Matchbets.com as an opportunity to reimagine online sports betting. 

Now, you can experience the thrill of player versus player sports betting at Matchbets.com, which makes it one of the only legal betting exchanges available for Canadians at this time.

Licensing and Safety

Matchbets.com is licensed by the Government of Curacao. Licensing guarantees that an online betting site is legal and legitimate. Being licensed and regulated ensures that Matchbets.com follows:

• Guidelines
• Standards
• Ethical codes

Matchbets.com also uses encryption to ensure users’ online safety and security. 

Secure Sockets Layer (SSL) encryption protects customers’ confidential data. With SSL encryption, players don’t need to worry about their personal or financial information getting into the hands of criminals.

Matchbets.com Fixed Odds Sportsbook 

Like other popular Canadian sportsbooks, Matchbets.com allows users to make fixed odds bets. 

Let’s take a look at the features of Matchbets.com’s fixed-odds sportsbook, including:

• Sports Available
• Betting Markets
• Betting Odds
• Bonuses

Sports Available

Matchbets.com allows players to bet on over 35 different sporting events, including:

• Soccer
• Hockey 
• Football
• Rugby
• Basketball, and more

In total, Matchbets.com hosts bets on over 100,000 sporting events each month!

Betting Markets

When it comes to betting options, Matchbets.com exceeds expectations. The sportsbook has no shortage of betting types. Users can choose from:

• Futures
• Totals
• Spread
• Winner
• Half-time total

Betting Odds

Matchbets.com is known for its high odds.

When a regular sportsbook bet is made, Matchbets.com offers above-average odds. The site’s overall Return to Player (RTP) ranges from 95% to 96%. 

Plus, when a matchbet is made, the house advantage is given to the players. Matchbets.com simply takes a 2% commission from each bet. 

Bonuses

Common bonuses at Matchbets.com include:

• Welcome bonuses
• Deposit bonuses 

Some of these bonuses are a fixed amount and others are paid as a percentage. 

With a fixed amount bonus, you make a minimum deposit and get a certain amount of free credit. For example, deposit $50 and get $20 free. 

For percentage-based bonuses, you make a deposit and get a certain percentage of that deposit in free credits. For instance, deposit $100 and get a 25% match bonus (i.e. $25 in free credits).

Bonuses at Matchbets.com are often added to your account as credit. You can then use this credit to place wagers.

It’s important to note that Matchbets.com has a 7x wagering requirement on all bonuses. This is minimal compared to other Canadian sportsbooks. In comparison, other sites can have wagering requirements of up to 70x!

Be sure to read the details of each bonus to fully understand all the terms and conditions.

Now, let’s take a look at a new way of sports betting - matchbets.

What are Matchbets?

A matchbet is a bet made between two players, rather than between a player and the house. 

For example, let’s say there is an NBA game - Lakers vs Knicks. If another player places a moneyline matchbet on the Lakers, you can bet against them, wagering on the Knicks.

Matchbets.com allows players to choose whether they’d like their bet to be matched or if they want to place a regular bet.

Matchbets can be made on the following betting types:

• Moneyline
• Spread
• Totals

Matchbet Odds

Odds for matchbets are set by the sportsbook. These odds will be volatile until another person matches the bet or until one hour before the event starts.

A Step-By-Step Guide for Placing Matchbets

Ready to place a matchbet? Here’s how.

1. Log in to your account at Matchbets.com
2. Go to the matchbets tab
3. Choose from a preexisting matchbet or create your own 
4. Place your bet

When you’re on the matchbets tab, you’ll be able to browse all the available matchbets. These matchbets have already been created by other players and are ready for you to match. Choosing from these open matchbets is the best way to guarantee your bet will be matched. 

Alternatively, you can create your own matchet and hope that another player matches it.

Any bet can be cancelled up to an hour before the event starts. If your bet isn’t matched or cancelled before then, it will be played as a regular bet.

Matchbets.com Mobile Options

Matchbets.com knows that its users are busy people. That’s why they provide multiple mobile betting options. 

Matchbets.com customers can choose from the following:

• Mobile-Optimized Site
• Mobile Betting Apps 

Matchbets.com has an excellent mobile-optimized site. This is a great alternative for those who want to bet while on the go but don’t wish to download an app. 

Their mobile site is fully functioning and responsive. It’s a great alternative to the desktop version and has all the same features. 

For those who prefer mobile betting apps, Matchbets.com has you covered. The Matchbets.com app is available on the following operating systems in Canada:

• iOS 
• Android

Customer Support

If you need help, Matchbets.com has a team available to answer your queries. You can reach Matchbets.com’s friendly customer service team via:

• Email - info@matchbets.com for general info or tech@matchbets.com for technical issues
• Live chat

Alternatively, check out their FAQ section for answers to common questions.

Payment Options

Canadian players have several options when it comes to depositing and withdrawing money at Matchbets.com.

The best payment options for Canadians include:

• Visa
• Mastercard
• Bitcoin
• Neteller
• PayPal
• ecoPayz
• Interac
• MuchBetter
• Neosurf
• Skrill
• Bank transfer

When choosing a payment method, be sure to consider:

• Associated fees
• Processing time
• Security