Bookie guide

ReadyBet matched betting guide

How to turn ReadyBet 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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ReadyBet at a glance

StatusOpen
PlatformBetMakers
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 ReadyBet

  1. Open an accountSign up with ReadyBet and a Betfair account, and read the terms of any offer you want to use.
  2. Place the qualifying betBack a selection at ReadyBet 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.

ReadyBet 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 ReadyBet rules we have on record.

  • Tennis: All bets void unless first set completed
  • Baseball (MLB) head to head: Stand - 5 or 4.5 innings. Void on 24 hour suspension
  • Baseball (MLB) double headers: As normal

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

What members see for ReadyBet

🔒 Safety rating, account notes and live promos

Members see our safety rating for ReadyBet, 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 ReadyBet?

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

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

When do ReadyBet bonus bets expire?

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

What platform does ReadyBet use?

ReadyBet runs on the BetMakers platform, like BetaBets, BetLegends, BetLocal, BetSupreme. Bookies on the same platform share the same website and betting system, so once you know one, the rest work the same way.

Is ReadyBet licensed in Australia?

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

Is ReadyBet safe to use?

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

Make ReadyBet count

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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