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kyc12
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11-18-2006, 11:44 AM
Post subject: NFL Nov 20 New York Giants @ Jacksonville arb
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#1 (permalink)
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Join Date: Jul 2006
Posts: 89
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Arbs tends to go away in minutes. Not this one. It was there last night, still there when I drove someone to airport, and it's still here now.
Could have someone to do with them closed betting (at least for me) for a while at SIA last night?
Moneyline
Jacksonville: SIA -185
New York Giants: Mathbook +192, Pinny is +186 but probably not worth it.
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ensign_lee
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4-of-a-Kind
Join Date: Feb 2005
Location: The University of TEXAS at Austin
Posts: 2,237
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Remember for matchbook, you have to factor in commission. So with +192, it's really 188.16.
Still worth it, but not as big as what you thought. Still, 3% ROI for what amounts to what...a three day loan? Not bad.
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kyc12
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Join Date: Jul 2006
Posts: 89
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Thanks for the reminder.
While I still have money in my commission account, is it true that I'm not really charged with commissions? If you can explain how it really works it'd be great.
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ensign_lee
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4-of-a-Kind
Join Date: Feb 2005
Location: The University of TEXAS at Austin
Posts: 2,237
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Ok. The Commission Credits work like this:
Matchbook gets charged a fee by neteller whenever you deposit. They pass this on to you in the form of "commission credits". However, you can get them back by playing and winning.
If you have commission credits, when you get charged commission, instead of just taking it from your bottom line, they take it from your commission credits and add that value to your balance.
So in essence, you 'prepaid' these commissions when you first deposited. Once you run out of these commission credits, you pay commission like everyone else again: out of your winnings.
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