by bonusmaster | | Beginner, Tutorials
You are now on your way to earning a tax-free income from your own home! At bonusbank, we can’t imagine a better way to make money online than Matched Betting. Whether you want to book a holiday or pay off a credit card, matched betting will help you do it. Our... by Nico | | Beginner, Tutorials
Matched betting is a process that takes advantage of bookmaker offers and promotions. With the right approach, these offers can be used to turn the odds in our favour, and guarantee regular profits, month after month. A Simple Explanation Matched Betting isn’t... by Nico | | Beginner, Tutorials
Now that we know it is possible to turn bonus bets into cash, the obvious question is ‘how do we get bonus bets?’. There are a few different answers… New Accounts Since the advent of online gambling, bookies have used sign-up bonuses as a way to... by bonusmaster | | Beginner, Tutorials
Once we have earned our bonus bets the next step is to turn them into hard cash. In the earlier tutorial we did this by betting on the opposing outcome at a different bookie but, usually, this is not the most efficient method. It is better to use a betting exchange.... by bonusmaster | | Beginner, Tutorials
A ‘Qualifier’ bet is a bet that you place in order to qualify for a bonus. For example, a bookie might offer you a ‘New Account’ bonus that is equal to the amount of your first bet. Your first bet would, therefore, be considered the... by bonusmaster | | Beginner, Tutorials
Now that we’ve dealt with the qualifier we should have a shiny new bonus bet on our account. Our goal is to turn that bonus into hard cash, and we do that by following a very similar procedure to the previous step. Qualifier Bet vs. Bonus Bets The main... by bonusmaster | | Beginner, Tutorials
The first thing you should do after opening a new account with a bookmaker – before depositing any money – is verify your identity. Why Is This important? Bookmakers in Australia have to follow money laundering laws which regulate who they can pay money to. If your... by Nico | | Beginner, Tutorials
In the next tutorial we are going to walk you through completing your first sign up bonus, but first you might want to see us do one ourselves. The video below shows a ‘Welcome’ bonus from BetEasy which we received, in NSW, in May 2019. This was almost a... by bonusmaster | | Beginner, Tutorials
If you’ve followed all of our tutorials so far – and been able to answer the quiz questions correctly – you should now be ready to tackle your first sign-up bonus and start making money. You’re probably feeling a little bit nervous, but... by bonusmaster | | Beginner, Tutorials
Now that you have completed your first welcome bonus you’re probably keen to get on with the rest. However, before you get started, it’s important to understand the different types of bonus that are available. Each type should be approached differently in... by bonusmaster | | Beginner, Tutorials
Betting exchanges make money in a different way than traditional bookies. Let’s look at the different business models… Over-Rounds Traditional bookmakers make money through the use of an ‘over-round’. Over-rounds are complicated, so we... by bonusmaster | | Beginner, Tutorials
Hopefully by now you have opened a few accounts, received a couple of bonuses, and are feeling more confident about how matched betting works. If that isn’t the case, don’t worry, go back and re-read the earlier tutorials or ask for help in the forum. If... by bonusmaster | | Beginner, Tutorials
Like death and taxes, getting restricted by a bookmaker (or bookmakers) is inevitable for a Matched Bettor, .Bookies don’t like us. They like mug punters who place multi-bets with 7 selections in them. They like problem gamblers who’ll bet on what colour tie a TV... by bonusmaster | | Beginner, Tutorials
As a member of bonusbank.com.au you have access to two important matched betting tools – the ATM and the calculator. These tools tell you what to bet on and how much to bet. There is one more thing to consider, though, and that is when to place your bets. When... by Nico | | Beginner, Tutorials
At the risk of sounding like a broken record; bookies don’t like matched bettors. Why would they? We only bet when the odds are in our favour…and that costs them money in the long-run. Some bookies take this very personally and will quickly ban anyone that... by bonusmaster | | Beginner, Tutorials
What does a Mexican put under his carpet?Underlay, underlay! Sorry. We’re not talking about Mexicans or carpets here. We’re talking about a strategy that you can use to make things more bearable when your bonus bet wins at the bookie. In an ideal world all of our... by bonusmaster | | Beginner, Tutorials
A value bet is a bet where the odds are tipped in favour of the punter. Let’s look at the example of a simple coin toss: When a coin is tossed it has an equal chance of landing on heads or tails. The probability of either outcome is 50%. In gambling terms, if... by bonusmaster | | Beginner, Tutorials
In the last tutorial we mentioned a scenario where you could back Brisbane at Beteasy and Sydney at Sportsbet in order to try and qualify for some bonus bets. This approach, where we play one bookie against the other, is known as ‘dutching’. We use... by bonusmaster | | Beginner, Tutorials
Once you have progressed past the initial ‘Welcome’ bonuses, the dutching calculator will become one of your most-used tools on Bonusbank. In particular, you will use it a lot when following our daily plays, or creating plays of your own. The calculator is...