Bookie guide

WellBet matched betting guide

How to turn WellBet 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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WellBet at a glance

StatusOpen
PlatformBetCloud
Licensed inVIC
Bonus bets expire7 days

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

How to matched bet with WellBet

  1. Open an accountSign up with WellBet and a Betfair account, and read the terms of any offer you want to use.
  2. Place the qualifying betBack a selection at WellBet 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 also run on BetCloud. The website and betting system work the same way, so each one is another set of bonus bets and promos.

Bet777BetProfessor

WellBet 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 WellBet rules we have on record.

  • Tennis: All bets void unless full game completed
  • Baseball (MLB) head to head: Stand - 5 or 4.5 innings. Includes extra innings. Void - on game not completed by end of next calendar day if suspended (no void on playoffs), change of nominated pitcher if offered
  • Baseball (MLB) double headers: As normal

Source: WellBet sports rules. Rules change, so check the latest version.

What members see for WellBet

🔒 Safety rating, account notes and live promos

Members see our safety rating for WellBet, 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 WellBet?

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

Does WellBet 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, WellBet runs promos for existing customers, and matched betting turns them into cash. Bonusbank members see every current WellBet promo in the promo database.

When do WellBet bonus bets expire?

Our records show WellBet bonus bets expire after 7 days. Always check the terms when you receive one, and convert it before it runs out.

What platform does WellBet use?

WellBet runs on the BetCloud platform, like Bet777, BetProfessor. Bookies on the same platform share the same website and betting system, so once you know one, the rest work the same way.

Is WellBet licensed in Australia?

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

Is WellBet safe to use?

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

More bookie guides

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