Bookie guide

PickleBet matched betting guide

How to turn PickleBet bonus bets and promos into cash with matched betting, what platform it runs on, and the rules to check before you bet.

$50 → $35+A $50 bonus bet is typically worth $35 or more in cash once you convert it with matched betting.
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PickleBet at a glance

StatusOpen
PlatformOwn platform (corporate)
Licensed inNT

From Bonusbank's bookie records. Bookies change their terms, so always check the offer terms before you bet.

Promos PickleBet runs

Promo types we have recorded at PickleBet recently. Members see every live offer, with the value and the strategy to use, in the promo database.

  • RacingOdds or winnings boost

How to matched bet with PickleBet

  1. Open an accountSign up with PickleBet and a Betfair account, and read the terms of any offer you want to use.
  2. Place the qualifying betBack a selection at PickleBet and lay the same selection at Betfair, so you lose only a few cents whatever happens.
  3. Convert the bonus betWhen the bonus bet arrives, back and lay again. You keep roughly 70 to 80 percent of it as cash, whichever way the result goes.
Example: a $50 bonus bet backed at 5.00 and laid at 5.20, with 5% commission +$36.89

Example odds only, not a current offer. See the full bonus bet guide for the calculator.

Sister bookies on the same platform

These bookies are closely linked to PickleBet.

GRSBet

PickleBet rules to check before you lay

If a bookie settles a bet differently to Betfair, one side can be void while the other loses. These are the PickleBet rules we have on record.

  • Tennis: Settled on player progressing
  • Baseball (MLB) head to head: Stand - any pitcher, extra innings not included unless otherwise stated
  • Baseball (MLB) double headers: As normal

What members see for PickleBet

🔒 Safety rating, account notes and live promos

Members see our safety rating for PickleBet, notes on how it treats accounts, and every live promo with its value, before they deposit a cent.

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Questions people ask

Can you matched bet with PickleBet?

Yes. You back a bet at PickleBet and lay the same selection at Betfair, so the result does not matter. It works for its bonus bets and its regular promos.

Does PickleBet have a promo code?

Not for signing up. Australian rules stop bookies offering a bonus or promo code just for opening an account, so be wary of any site that promises one. Once you have an account, PickleBet runs promos for existing customers, and matched betting turns them into cash. Bonusbank members see every current PickleBet promo in the promo database.

Is PickleBet licensed in Australia?

PickleBet is licensed in the Northern Territory, according to our bookie records. You can check any bookie on the relevant state regulator's register.

Is PickleBet safe to use?

Bonusbank members get a safety rating and account notes for every bookie, including PickleBet, before they deposit. Start on the free plan to learn how matched betting works.

More bookie guides

All Australian bookiesEvery bookie, grouped by platform Bonus betsTurn bonus bets into cash Refund offersMoney-back promos on racing and sport Horse racingDaily racing promos with the right tools

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Start on the free plan to learn matched betting with the free course and calculator, then upgrade when you are ready.

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