Bookie guide

Terrybet matched betting guide

How to turn Terrybet 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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Terrybet at a glance

StatusOpen
PlatformBetMakers
Licensed inNSW

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

How to matched bet with Terrybet

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

Terrybet 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 Terrybet rules we have on record.

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

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

What members see for Terrybet

🔒 Safety rating, account notes and live promos

Members see our safety rating for Terrybet, 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 Terrybet?

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

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

What platform does Terrybet use?

Terrybet 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 Terrybet licensed in Australia?

Terrybet is licensed in New South Wales, according to our bookie records. You can check any bookie on the relevant state regulator's register.

Is Terrybet safe to use?

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

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