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Exchange - GRAI licensed

Matchbook review: GRAI-licensed exchange, app data and the Betdaq deal

Matchbook is licensed in Ireland through Triplebet Limited, which holds GRAI Remote Betting and Remote Betting Intermediary licences issued on 1 October 2026 under the names Matchbook and easybet. Its commission rate for Irish customers is not confirmed by us yet.

checked by Casinos Geek editorial team

MatchbookGRAI-0955-RB-26-0001 and GRAI-0955-RBI-26-0001

spec.sheet

Licence holder
Triplebet Limited
GRAI licences
GRAI-0955-RB-26-0001, GRAI-0955-RBI-26-0001
Issued / expires
01.10.2026 / 30.09.2029
Trading names on the register
Matchbook, easybet
iOS app seller
Xanadu Consultancy Limited
iOS app rating (IE)
4.63 from 89 ratings, 11.11.2026
iOS app first release
15.08.2012
easyBet app (IE)
Seller Triplebet Limited, 1 rating, first release 03.10.2024
Betdaq
Acquisition completed, iGaming Business 14.10.2026
Commission (IE)
Not confirmed by us yet

checks.log

2/9 checks verified how we check

  • [ok]GRAI licence on the registerGRAI-0955-RB-26-0001 and GRAI-0955-RBI-26-0001, issued 01.10.2026 (register updated 20.10.2026)
  • [~~]Licence holder matches the brandTriplebet Limited, trading names Matchbook and easybet; App Store seller is Xanadu Consultancy Limited
  • [..]Commission publishedOperator site not available from our location; commission rate not confirmed by us yet
  • [..]Payment methodsNot confirmed
  • [..]WithdrawalsOwn account test pending
  • [..]Identity and age verificationRequired by law since 1.7.2026; Matchbook process not seen
  • [..]Safer gambling toolsLimit option required since 5.2.2026; implementation not confirmed
  • [ok]Mobile appiOS: Matchbook Betting Exchange, 4.63 from 89 ratings, v19.7.0, 20.10.2026 (IE store, read 11.11.2026)
  • [..]Customer supportNot confirmed

[ok] verified · [~~] partial · [..] pending own test · [!!] failed

verdict --preliminary

Early read from the register and the App Store: licensing is in order and the iOS app is well rated on a small sample, but the commission rate, which decides whether an exchange is worth using, is not confirmed by us yet.

In its favour

  • GRAI RB and RBI licences, issued 01.10.2026, valid to 30.09.2029
  • iOS app rated 4.63 (89 ratings), updated 20.10.2026
  • Completed the Betdaq acquisition (iGaming Business, 14.10.2026)

Worth knowing

  • Commission for IE residents not confirmed by us yet
  • App Store seller (Xanadu Consultancy Limited) differs from the licence holder (Triplebet Limited)
  • Payments, verification and support not confirmed
contents
  1. Matchbook in three facts
  2. Licences: one company, two names
  3. Two company names you will see
  4. The Betdaq deal
  5. easybet
  6. The Matchbook app
  7. Commission: rate not confirmed by us yet
  8. Trading out: where commission on net winnings matters
  9. How Matchbook compares on paper
  10. Why we list no Matchbook promotions
  11. Finding Triplebet on the register
  12. What customers report: 200 recent Trustpilot reviews
  13. Open questions on Matchbook
  14. Bottom line on Matchbook so far

Matchbook in three facts

Matchbook holds two GRAI licences issued on 1 October 2026, one of the later exchange approvals on the register. Its iPhone app has a 4.63 rating in the Irish App Store, from a small base of 89 ratings. Its commission rate for Irish customers is the one number we could not pin down: matchbook.com answers "not available in your territory" to our server, and we do not copy rates from comparison sites.

Below is what the register, the App Store and trade news say, the maths you need to compare its prices once you know the rate, and the list of things still open.

Licences: one company, two names

The register lists the licences under Triplebet Limited, with two trading names: Matchbook and easybet.

Triplebet Limited holds the GRAI licences for Matchbook and easybet; the App Store seller has a different name
Two company names you will see around Matchbook.
Licence no.ActivityHolderIssuedExpiresTrading names
GRAI-0955-RB-26-0001Remote BettingTriplebet Limited01.10.202630.09.2029Matchbook, easybet
GRAI-0955-RBI-26-0001Remote Betting IntermediaryTriplebet Limited01.10.202630.09.2029Matchbook, easybet

Source: GRAI register updated 20.10.2026, read 11.11.2026. The RBI licence is the one that covers the exchange model, where Matchbook stands between two customers rather than taking the bet itself. The RB licence covers betting as an operator.

Two company names you will see

The name on the licence and the name on the App Store are not the same:

  • GRAI licence holder: Triplebet Limited.
  • App Store seller of the Matchbook Betting Exchange app: Xanadu Consultancy Limited.
  • App Store seller of the easyBet - Betting Exchange app: Triplebet Limited.

We have not found a primary source that explains how Xanadu Consultancy Limited relates to Triplebet Limited, and we do not guess. The name on the account terms you accept is the one that matters; we will add it when we can read Matchbook's terms.

The Betdaq deal

On 14.10.2026 iGaming Business reported that Matchbook had completed the acquisition of Betdaq, the Irish-founded exchange. Betdaq's existing service stayed open for trading until 21 October and for withdrawals until 4 November. Matchbook's stated aim, per the same report, is to combine the two into a single, deeper pool of liquidity. iGaming Business also says Matchbook has run exchange markets for more than twenty years.

The Betdaq brand went to Matchbook, but Betdaq customer accounts did not transfer
As reported by iGaming Business, 14.10.2026.

According to iGaming Business, Betdaq accounts do not transfer to Matchbook: a Betdaq customer who wants to use Matchbook opens a new account, and old balances stay with EPS customer service. Our Betdaq page tracks what is known.

easybet

easybet is the second trading name on Matchbook's licences. iGaming Business describes it as a partnership with easyGroup. In the Irish App Store the easyBet - Betting Exchange app (seller Triplebet Limited) was first released on 03.10.2024 and had 1 rating on 11.11.2026, too few to say anything about quality. We have not confirmed whether easybet takes customers from Ireland under the GRAI licence or how its terms differ from Matchbook's.

The Matchbook app

Field (IE App Store, 11.11.2026)Value
NameMatchbook Betting Exchange
SellerXanadu Consultancy Limited
Rating4.63 from 89 ratings
Version19.7.0, updated 20.10.2026
Minimum iOS15.0
Size78 MB
First release15.08.2012
Age rating17+

A 4.63 average from 89 ratings is a thin sample; Betfair Exchange's app shows the same 4.63 from 2,226 ratings in the same store. We have not installed the app, so we cannot comment on how it handles laying or cash-out. Android: not checked.

Commission: rate not confirmed by us yet

Matchbook's commission terms are on its own site, which we cannot open. Comparison sites quote figures, but they are affiliates and they disagree with each other on details, so we print no number. What we can give you is the method to compare once you have the rate from Matchbook's terms.

Effective odds after commission

Effective decimal odds = 1 + (odds - 1) x (1 - c), where c is the commission rate.

  • Back €20 at 3.50. Gross profit €50.
  • If c = 2%: commission €1.00, net profit €49.00, effective odds 3.45.
  • If c = 4%: commission €2.00, net profit €48.00, effective odds 3.40.
  • If c = 5%: commission €2.50, net profit €47.50, effective odds 3.375.

The rates above are illustrations, not Matchbook's rate.

If Matchbook charges commission on net market winnings, a loss on the market costs nothing extra. Whether Matchbook applies different rates by sport or by customer type is not confirmed. Run your own numbers in our odds calculator.

Trading out: where commission on net winnings matters

Exchange users often back a selection and later lay it at a shorter price to lock in a profit whatever the result. Because both bets sit in the same market, commission is charged once on the net result. The prices below are illustrative.

Trading out: back €20 at 4.0 and lay €26.67 at 3.0 locks in €6.67 either way
Illustrative prices. The same sum locks in a loss if the price moves against you.

Back €20 at 4.0, then lay at 3.0

  • Lay stake to equalise = back stake x back odds / lay odds = 20 x 4.0 / 3.0 = €26.67.
  • Selection wins: back +€60, lay -€26.67 x 2 = -€53.33. Net +€6.67.
  • Selection loses: back -€20, lay +€26.67. Net +€6.67.
  • Commission c applies to the €6.67 net, not to the €60 or the €26.67. At an illustrative c = 2%: €0.13.

If the price moves the other way, the same calculation locks in a loss instead. A trade-out is a way to fix a result, not a way to remove risk before the price moves.

How Matchbook compares on paper

ExchangeLicence typesIssuediOS rating (IE)
MatchbookRB + RBI01.10.20264.63 (89)
SmarketsRBI12.08.20264.15 (54)
Betfair ExchangeRBI11.08.20264.63 (2,226)
BetdaqRB + RBI30.07.2026no app found; trading stopped

GRAI register updated 20.10.2026; App Store ratings read 11.11.2026.

Why we list no Matchbook promotions

We do not list Matchbook offers, because we cannot read them on the operator site. Free bets and commission-free periods are legal in Ireland today, but the Gambling Regulation Act 2024 contains a ban on inducements that has not been commenced yet, so offers may change when it is.

Finding Triplebet on the register

Search the holder name, Triplebet Limited, rather than the brand at grai.ie/register; the steps for reading a row are on our licensed bookmakers hub.

What customers report: 200 recent Trustpilot reviews

Before our own account test, we read what customers wrote. The 200 most recent Matchbook reviews on Trustpilot cover a full year and come mostly from the UK; only 10 are written from Ireland.

Sample1 star2345 stars
200 reviews, 12.11.2025 to 10.11.202637316153

Trustpilot shows 4.1 out of 5 from 2,303 reviews for matchbook.com. In our sample 20% of reviews give 1 or 2 stars and 80% give 4 or 5. Matchbook replied to 6 of these 200 reviews.

What the 1 and 2 star reviews are mostly about (40 reviews; one review can touch several topics):

  • account restrictions: 15
  • customer service: 15
  • promotions and free bets: 9
  • verification and documents: 8

What the 4 and 5 star reviews praise most (159 reviews): speed (63), customer service (59), promotions and free bets (21).

How to read this: Trustpilot reviews are not verified customers in the way a regulator would check, companies can invite reviews, and unhappy customers write more often about withdrawals and closed accounts. We use these numbers as a signal of where problems cluster, not as proof, and they do not change any of our 9 checks.

Open questions on Matchbook

  • Commission rate for Irish residents: not confirmed by us yet.
  • Payment methods and withdrawal times: not confirmed.
  • Verification: required before registration since 1 July 2026 (photo ID, proof of address); Matchbook's own steps not seen.
  • Deposit limits and time-outs: the option to set limits is required since 5 February 2026; implementation not confirmed.
  • Support channels: not confirmed.
  • Relationship between Triplebet Limited and Xanadu Consultancy Limited: not explained by any source we could read.

Own account test: pending (see how we rate).

Bottom line on Matchbook so far

The licence position is clean: Triplebet Limited holds both RB and RBI licences, issued 01.10.2026 and valid to 30.09.2029. Since Betdaq closed, Matchbook is one of three live exchange operators on the register, with Smarkets and Betfair Exchange. The price question cannot be answered until we can read its commission terms, and for an exchange that is the main question. Compare it with Smarkets and the full table on our exchanges hub.

Questions

Is Matchbook legal in Ireland?

Matchbook is a trading name of Triplebet Limited, which holds GRAI licences GRAI-0955-RB-26-0001 and GRAI-0955-RBI-26-0001, issued 01.10.2026 (register updated 20.10.2026).

What commission does Matchbook charge?

Not confirmed by us yet. The terms are on matchbook.com, which does not open from our location, and we do not take rates from comparison sites.

Who is Xanadu Consultancy Limited?

It is the seller of the Matchbook Betting Exchange app in the Irish App Store. The GRAI licence holder is Triplebet Limited. We have not found a source explaining the relationship.

Is easybet the same company as Matchbook?

Both are trading names on the same GRAI licences held by Triplebet Limited. The easyBet app is sold by Triplebet Limited.

Did Matchbook buy Betdaq?

Yes, according to iGaming Business on 14.10.2026, which reported the acquisition as completed. Betdaq trading ran until 21 October 2026.

next

refs

  1. GRAI register (updated 20.10.2026, read 11.11.2026)
  2. App Store (IE): Matchbook Betting Exchange, read 11.11.2026
  3. App Store (IE): easyBet - Betting Exchange, read 11.11.2026
  4. App Store (IE): Betfair Exchange Betting Odds, read 11.11.2026
  5. iGaming Business, 14.10.2026: Matchbook completes acquisition of rival exchange Betdaq
  6. iGaming Business, 14.10.2026: Matchbook acquires Betdaq
  7. Citizens Information: The law on gambling in Ireland (edited 17.07.2026)
  8. Trustpilot: matchbook.com reviews (sample of 200 most recent, collected 11.11.2026)

changelog

  • First published.
  • Added an analysis of recent Trustpilot reviews (sample collected 11.11.2026).