Uber v Bonusbank: Which is Best to Earn Extra Cash?

The gig economy is on the rise.

Recent census data has shown that 1 in every 3 Australian workers is now on a part-time or temporary contract. That is the 3rd highest rate of any developed county in the World, and it’s only getting higher.

People work in the gig economy for different reasons. For some it is the only work available, but others choose to ‘gig’ because they enjoy the flexibility of it. It allows them to earn an income while also concentrating on other things, such as studying, raising children, or artistic pursuits.

The most well-known job in the gig economy is driving for Uber. The alternative taxi service that burst onto the Australian scene in late 2012 and has continued to grow ever since.

Uber Ride Share

Research has shown that nearly 3.7 million Australians travelled by Uber in the last 3 months of 2017, so there is no shortage of demand for drivers. However, that doesn’t necessarily mean that it is the best option for someone looking to make some extra cash.

Bonusbank

Bonusbank.com.au is very similar to Uber in the sense that it offers Australians a way to make extra cash on their own time. It does this by using a risk-free technique known as matched betting. This is a process that uses mathematics to guarantee a profit from the sign-up bonuses and promotions that are offered by online bookmakers.

The matched betting process is easy to follow due to the tutorials and tools provided by bonusbank.com.au. It involves betting on all possible outcomes so that you have no chance of losing. You can then withdraw the bonus cash to your bank account. If you would like to read more about it you can check out the newspaper articles here, here, and here.

Other Comparisons

Bonusbank is also similar to Uber in that:

  • They both allow flexibility to work when you want.
  • You are your own boss!
  • Both offer the opportunity to engage with new people. The Bonusbank chatroom and forums allow members to engage with fellow matched bettors.

However, Bonusbank members have a lot more to celebrate than Uber drivers. And here’s why:

  • You don’t need a car. In order to start making money with Bonusbank, all you need is a computer (laptop, tablet, or mobile), internet access and a bonusbank account.
  • Insurance isn’t required. All you need is a starting bank of approximately $500. Don’t worry though, unlike insurance, you get to keep the $500.
  • You don’t need a licence. We give you all the tools and information you require. Our oddsmatcher software, calculators and tutorials will take you from beginner to expert in no time.
  • You don’t have to put up with other people, specifically drunken passengers. The chatroom is full of helpful members, however you don’t have to take part if you don’t want to. Its nice to be involved in a community were everyone is celebrating the same successes, which is making money online.
  • You can make more money in less time. According to this article, some Uber drivers are making as little as $11/hr. Check out this blog post, which shows how our members can make $200 from one hour of work.
  • It’s Tax free income. Yep, you read that correctly. Tax. Free. Income.
  • More opportunities. Anyone has the opportunity to work with Bonusbank through our Affiliate Program. By successfully promoting the website/service, you can share in the Bonusbank success and be rewarded for your efforts!
  • You can work from home. Or the beach, park, cafe, you name it!
  • It’s no risk. There’s no chance of being involved in an accident and there’s certainly no chance of losing any money! It’s risk free.
Why not both?

As you can see, earning money online with bonusbank has lots of advantages over driving for Uber. However, the beauty of the gig economy is that you don’t have to choose one over the other.

If you are currently driving for Uber you can still make money with bonusbank in your spare time. You could even use our app to read the beginner tutorials while waiting on passengers.

Sign up today and start driving your earnings to the next level!

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