Peer-to-Peer Betting Exchange

The Betting Exchange for Bettors Who Know Better

Back and lay across every major sport at better odds than any bookmaker. 2% commission on winnings only, one of the lowest in the industry as well as the lowest margins.

Prefer the app? Download and enter your code at registration.

New here? Choose your welcome offer:

You can only claim one welcome offer per account. Read both below, then join with the code that fits you best.

Keep every penny of your winnings. No commission on any sport for your first 110 days. Code: COMMFREE110

New to the Exchange? Get to know the markets with 20% of net losses back as free bets. Code: REBATE20.

How Exchange Betting Works

On Matchbook, you're not betting against a bookmaker. You're betting against other users.

Bet that something will happen, just like a traditional bet. But at exchange odds, which are typically better than bookmaker prices because there's no margin built in.

Bet that something won't happen. You act as the bookmaker. This is unique to exchange betting and not possible on traditional sportsbooks. It's what gives you an edge.

Matchbook charges 2% commission on net winnings, only when you win. Plus, during your welcome offer, that cost is removed entirely if taking the commisson-free welcome bonus.

0% Commission.
Every Sport. 110 Days.

Sign up with code COMMFREE110 and Matchbook's standard 2% commission drops to 0% across every sport for your first 110 days. Every winning bet, every market, no cut taken.

Worked Example

Net winnings on a strong month: £1,000

Standard 2% commission: −£20


With 0% Commission (first 110 days): You keep £1,000

Value capped at £1,000. Card deposits only. Skrill, Neteller don't qualify. Live through 31 Dec 2026.

🛡 UKGC & GRAI regulated. Your funds are held in segregated accounts.

18+ | New customers only | Code: COMMFREE110 | T&Cs apply

How to Claim It

Sign Up with Code COMMFREE110

Register your Matchbook account and enter the code at sign-up.

Deposit by Card

Fund your account with a debit card. E-wallet deposits don't qualify.

0% Commission Activates Instantly

Your account is set to 0% commission on all sports for 110 days from registration, automatically.

How to Claim It

Sign Up with Code REBATE20

Register your Matchbook account and enter the code at sign-up.

Bet on the Exchange for 30 Days

Trade as normal on Matchbook Exchange markets. Your net position is tracked automatically.

Get 20% of Net Losses Back

The day after your 30-day window ends, any rebate due is credited as free bets automatically.

Your First 30 Days,
Backed by Matchbook.

Sign up with code REBATE20 and get 20% of your net losses back as free bets during your first 30 days on the Exchange. Get to know the Markets with our REBATE20 offer.

Worked Example: 30-day position

Event 1: −£5,000 (capped at £1,000)

Event 2: +£1,000

Event 3: −£1,000

Event 4: −£1,000

Event 5: −£1,000


Qualifying losses (£1,000 + £1,000 + £1,000 + £1,000 capped): £4,000

20% Rebate paid as free bets: £800

Max £200 rebate per single event, max £1,000 overall. Exchange markets only. Multiples, Bet Builder and Casino losses don't count. Card deposits only. Promotional period ends 23:59 GMT+1 on 04 Jan 2027.

🛡 UKGC regulated. Your funds are held in segregated accounts.

18+ | New customers only | Code: REBATE20 | T&Cs apply

What Matchbook Members Say

Rated 4.1/5 on Trustpilot, 2,254 reviews. Here's what bettors are saying.

"Matchbook has everything these days. Liquidity (as good as any exchange). Enhanced Specials, fast withdrawals, good customer service and so on. Betdaq has no liquidity and Betfair has been on a downward trend for 10 years. Matchbook should be the first place to go for any sharp bettor."

Sam

Verified Trustpilot review, January 2026 ★★★★★

"Have been using Matchbook consistently since June 2024. Have remained profitable over the long haul. Had a brief issue with some account restrictions. Gave an honest explanation and it was resolved within 20 minutes. Will be a customer for the years to come."

Taju Deen

Verified Trustpilot review, October 2025 ★★★★★

"Can't knock Matchbook. Fast payouts, quick customer service chats, good offers. What's not to like… One note to add, you don't get hassled like you normally do with other 'yellow bannered' exchange websites."

Joel

Verified Trustpilot review, February 2026 ★★★★★

"Good range of standard markets and offer various enhanced special markets for those daily offers that pop up across various bookies. Also very decent commission rate. Customer service always very responsive and helpful too."

David Forster

Verified Trustpilot review, March 2026 ★★★★★

A Better Way to Bet on Racing, Football & all your favourite sports

The exchange model works differently from a bookmaker. Here's what you get on Matchbook.

Better Odds, Every Time

Enjoy one of the lowest margins in the industry. Back and lay directly against other bettors and get the value a traditional sportsbook can't offer.

Peer-to-Peer Betting

All bets are matched peer-to-peer. When you back a horse or a team, another bettor takes the other side. The price is set by the market, not by a bookmaker looking to profit.

Top UK & Irish Racing, Every Day

Daily markets across every UK and Irish track, plus international racing such as the US and Australia. Deep liquidity on the biggest festivals and the smallest race cards alike.

Find Better Odds on Every Premier League Match

Get better odds on In-play and pre-match markets across every Premier League and major football league fixture, week in, week out. Matchbook Betting Exchange even won "Best Odds on Football" at the Oddschecker Endorsed Honours List. 

Cash Out Anytime

Lock in profit or cut a loss before the race goes off or before full time, wherever there's liquidity to match you.

Lowest Commissions in the Market

Just 2% commission on net winnings. No subscriptions, no hidden fees. You only pay when you win.

Frequently Asked Questions

Can I claim both welcome offers?

No. Both COMMFREE110 and REBATE20 are new-customer sign-up offers, and claiming one makes you ineligible for other sign-up or 0% commission promotions. Pick the one that fits how you bet before you register, as you can't switch afterwards.

Which offer is right for me?

Are you a seasoned bettor on Exchanges and looking for maximum value? Then check out the UK's longest 0% Commission offer.

Or if you are just starting out on the exchange and want some insurance while you get up to speed? Our Rebate offer might be for you!

What happens when my offer period ends?

For COMMFREE110, your account reverts to Matchbook's standard 2% commission rate once the 110 days from registration have elapsed. For REBATE20, any rebate owed based on your first 30 days is calculated and credited as free bets the following day. After that, standard commission applies and no further rebate is paid.

What is exchange betting, and is it complicated?

Exchange betting means you bet against other users rather than against a bookmaker. You can back a selection to win, or lay it to lose. Matchbook's interface is designed to be easy to use, and customer support is available if you need help getting started.

How does Matchbook compare to Betfair or Smarkets?

The most significant difference is commission. Betfair's standard commission rate is 5%. Matchbook charges 2% on net winnings only, and you pay nothing on losses. Both welcome offers above reduce that even further for new customers. Matchbook also offers deep liquidity on horse racing and football markets, and does not restrict or close winning accounts.

Is Matchbook safe to use? Can I trust it with my money?

Yes. Matchbook is licensed and regulated by the UK Gambling Commission (licence #39504) and the Alderney Gambling Control Commission. Customer funds are held in segregated accounts, separate from company funds. Matchbook is a certified partner to GamCare, GamStop, BeGambleAware, TakeTimeToThink, and BetBlocker.

What deposit methods are accepted for these offers?

Matchbook accepts credit and debit cards for deposits under both offers. Deposits made via Skrill or Neteller are excluded from both COMMFREE110 and REBATE20 qualifying criteria. Contact support if you have a question about a specific method.

Can I use the apps on iOS and Android?

Yes. Matchbook has apps available on both the Apple App Store (iOS) and Google Play (Android). You can place bets, manage your account, and follow markets in-play on mobile. The same account works across web and app, and either welcome offer can be claimed through the app.

PROMOTION TERMS AND CONDITIONS

Matchbook Exchange 20% Rebate Welcome Offer

It is important that you read these promotional terms and conditions carefully as they contain important information about the terms on which this promotion can be claimed. 

These promotional terms and conditions apply to this promotion, “Matchbook Exchange Rebate Welcome Offer” and should be read alongside our Standard Promotional Terms and Conditions available at https://www.matchbook.com/page/rules_and_regulations/standard-promo-terms-and-conditions/

The promotional period begins at 09:00 GMT+1 Thursday 01/06/2026 and runs until 23:59 GMT+1 on 04/01/2027.

 

Qualifying Criteria 

This promotion is available to new customers only, who register a new account with the correct bonus code ‘REBATE20’ on Matchbook.com or through one of our native mobile applications.

Qualified Users will receive a 20% rebate on Overall Net Losses (Per Matchbook Events) recorded 30 calendar days from Registration. These losses are exclusive to Matchbook Exchange markets only. Losses on Multiples, Bet Builders, Casino or other products do not count and are excluded. 

Losses Per Matchbook Event are determined before Commission deducted.

Maximum Overall Rebate amount is £1,000 which would imply a £10,000 qualifying loss from the exchange.

Maximum Rebate amount from any one Event is £200 Bonus which means max loss to be taken into consideration is £1,000 and cap will be applied so further losses in said event will not count towards Rebate.

In the same Event user loses £1,000 in Over 2.5 Goals market and Wins £1,000 in Match Odds market where 2% Net Win is applied afterwards deducting £20 for commission. For calculation purposes the figure applied for the winning Match Odds market is £1,000 PnL before commission is deducted. Here Rebate is Nil as £1,000 Loss is counteracted by £1,000 Gross Win.

This promotion only applies to Matchbook customers who place bets using the Matchbook Exchange interface or Matchbook App only.

Bets placed on Matchbook Zero or ADI Predictstreet do not qualify. 

This offer is not open to customers who sign up from Outplayed, Oddsmonkey, Matchedbettingblog, Teamprofit or Edgehunter or AI Profit.

Participation in this offer will exclude you from being added to any “0% Commission” promotions in the future.

The sign-up offer is strictly limited to one per individual, family, household address, email address, same payment card, and/or shared computer. Accounts that are deemed to be

linked by Triplebet Limited will not receive a bonus.Users making their first deposit by Skrill, Neteller or PaySafe card will not qualify for this promotion.

 

Free Bets

Once the first 30 day period has ended the next day users will receive Free bets to use exclusively on Matchbook Exchange amount to 20% of overall Matchbook Exchange Market Losses.

Free Bet(s) due will be split and capped at £/€50 up to £/€1,000. If a user is due £/€428.56 in Free Bets, the user will receive 8x £/€50 in Free Bets and 1x £/€28.26 Free Bet. If the user is due £/€1,000 in Free Bets, they will receive 20x £/€50 Free Bets.

The minimum that a user can receive in Free Bets is £/€1.

The payment of the refund will be made in the currency of the customer’s Matchbook account. £1=€1=$1.

Each Free Bet token will expire 7 days after their crediting and can be used on any exchange market/multiple or betbuilder.

The free bet token cannot be withdrawn.

The free bet token stake will not be returned on a winning bet. This will be reflected in the Profit/Loss figure for each bet in the bet slip and bet reports.

The full value of a free bet token has to be used when placing a bet.

 

Other 

By participating in this promotion, you represent and warrant that it is not illegal in your jurisdiction of residence to do so or to play on the Matchbook Exchange and that you will not use the Matchbook Exchange while located in any jurisdiction that prohibits the use of such services.

Participation in this promotion is subject to you being 18 years of age or older or being the age of legal consent for engaging with the Matchbook Exchange services under the laws of the jurisdiction in which you are located whilst using the Matchbook Exchange, whichever is the higher.

The promoter of this offer is Triplebet Limited, and players are subject to Matchbook’s general Terms and Conditions.

In the event of any dispute, Triplebet’s decision is final in all matters.

Triplebet Limited reserves the right to amend these promotional terms and conditions or terminate this promotion at any time.

 


PROMOTION TERMS AND CONDITIONS

Matchbook Exchange 0% Commission for 110 Days Welcome Offer

The promotional period begins at 09:00 GMT 6th March 2024 and runs until 23:59 GMT 31/12/2026. (“Promotional Period”).

This promotion is available to new customers only, who register using the promo code “COMMFREE110”.

New customers who create an account using the promo code and deposit will have their account commission rate set to 0% for the first 110 days.

The 110 day period will be counted from the date of registration.

Once the 110 day period has elapsed, the account will be set to the default commission rate.

This offer only applies to Matchbook Exchange customers who access Matchbook through our user interfaces (websites and mobile apps). Customers who access Matchbook through an API or trading software will not be eligible for this offer.

Any customer who is deemed to be in breach of these promotional terms and conditions will not be eligible for the 0% Commission Rate and that account will be set to a standard rate of Commission at Matchbook’s discretion.

This offer is not open to customers who sign up from Outplayed, Oddsmonkey, Matchedbettingblog or Teamprofit.

Participation in this offer will exclude you from being added to any “0% Commission” promotions in the future.

Duplicate accounts will not qualify for this offer. Offer is only available to new customers and if there has been a previous Matchbook account from the same address, email, payment source or IP address it will result in removal from the promotion

Users making their first deposit by Skrill, Neteller or PaySafe card will not qualify for this promotion.

Bets on ‘Enhanced Specials’ markets are excluded from this promotion.

Any bets placed, and/or any bets settled outside of the Promotional Period will be subject to commission.

This promotion cannot be used in conjunction with any other sign-up promotion.

Participation in this offer will exclude you from being added to any “0% Commission” promotions in the future.

The sign-up offer is strictly limited to one per individual, family, household address, email address, same payment account number, and shared computer.

The 0% Commission promotion is capped at a max value of £1000. Once this amount is exceeded, standard commission rates will apply.

Fair Usage Policy applies. Triplebet Limited reserves the right to remove users from 0% Commission promotion at their discretion.

The promoter of this offer is Triplebet Limited, and players are subject to Matchbook’s general Terms and Conditions.

Triplebet Limited reserves the right to amend these promotional terms and conditions, and/or suspend and/or terminate this promotion at any time 

 

Licensed & Regulated by the Gambling Commision for customers in GB