Horse racing promos provide the biggest and most consistent profits for matched bettors in Australia, and our HorsePower software make it easy.
This video gives a brief overview of how it can help to make you money.
Have a question or comment about this video? Join our Discord community to discuss all things matched betting and value betting.
Many people think that matched betting is only about profiting from sign-up bonuses. The truth is that it goes much deeper than that.
This video looks at different ways that you can beat the bookies.
Have a question or comment about this video? Join our Discord community to discuss all things matched betting and value betting.
Early payout promos give us the opportunity to collect large profits with very little risk. The most well-known early payout offer is the 2up promo from Bet365.
The video below shows how you can use the Bonusbank 2up software to find the selections with the highest expected value.
Have a question or comment about this video? Join our Discord community to discuss all things matched betting and value betting.
Betting exchanges are unfamiliar to most people. So when you start matched betting and sign up to Betfair it can be a bit intimidating.
This videos goes through the basics of how the exchange works.
Have a question or comment about this video? Join our Discord community to discuss all things matched betting and value betting.
The ‘No Lay’ approach to matched betting is an advanced strategy that increases the expected value of your bets in exchange for a huge increase in risk. As such, it is not for everyone.
This video looks at the Pros & Cons…
Have a question or comment about this video? Join our Discord community to discuss all things matched betting and value betting.
Matched betting is a great way to make money, but many people hesitate because they think it requires complex math. The truth is, you don’t need to be a numbers expert, our calculators do all the hard work for you.
At Bonusbank, we provide a range of calculators designed to help you maximize profits with minimal effort.
With these tools, matched betting is simple, efficient, and profitable. Get started today and see how easy it is to make money online!
Have a question or comment about this article? Join our Discord community to discuss all things matched betting, value betting and EV betting.
Matched betting is a strategy that has gained immense popularity among savvy punters and side hustle enthusiasts. Often described as “risk-free betting,” it’s a method that allows individuals to profit from bookmaker promotions regardless of the outcome of a sporting event or horse race. Whether you’re a seasoned bettor or someone looking to dip their toes into the world of betting, matched betting offers a low-risk way to turn bookmaker bonuses into cash.
At its core, matched betting involves placing two bets:
By combining these two bets, you effectively cancel out the risk, ensuring that you don’t lose money, regardless of the result. The profit comes from the bookmaker’s free bets, bonuses, or promotions. All this and more is covered in our Matched Betting Basics course.
Let’s say a bookmaker offers a $50 Bonus bet when you deposit and wager $50 of your own money. Here’s how you would use matched betting:
Matched betting can seem complicated at first, but tools and resources simplify the process:
At Bonusbank, we provide everything you need to succeed in matched betting, including:
Matched betting can be highly lucrative, especially when bookmaker offers are plentiful. Many Bonusbank members have turned it into a steady side hustle, earning hundreds or even thousands of dollars per month.
Ready to start matched betting? Join Bonusbank today and learn how to turn bookmaker promotions into tax-free profits. Betting smarter starts here!
Having recently come out of bankruptcy, I was looking at other ways of supplementing my income to assist in getting back on feet; and then I came across BonusBank.
BonusBank has not only helped me save an extra $20,000 in the last 6 months, I have also found a new social group on the chat who are a great help in learning your way around matched betting.
I am not a ‘punter’ – never have been and haven’t become one – THIS is a just a great way to make extra money with little or NO risk.
Looking to make some extra cash? Look no further than Nico and the team at BonusBank. Better than being an Uber driver and its tax fee.
In August of 2022 we launched a beta version of our new ‘Pro’ tier. This offered existing members the chance to try out some exciting new features. Now, after more than 6 months of improvements, we are happy to say that Pro is available to everyone!
The feedback that we received from beta members has been great, but the beta period taught us that some members didn’t need all of the advanced features. That’s why we also created the Premium+ tier.
Premium+ is ideal for those who want access to more bookies on our ATM and Dutching software than the standard Premium membership. After upgrading, members will find data from around three times as many bookies, plus a range of additional sports, leagues, and markets.
Premium+ members also enjoy greyhound coverage on our HorsePower software, and get access to our one-of-a-kind ‘Bore Draw’ software.
For those who are ready to take their matched betting to the next level, our Pro tier is the ultimate option. It includes all of the features of Premium+ with the added bonus of markets for lines, totals, and player prop on our Dutching software. This opens up lots of arbitrage and middle opportunities for Pro members, which allows them to profit without the need for bonus bets.
If you are new to matched betting we still recommend that you start out with the standard Premium membership. It has everything you need to make hundreds of dollars each week from bookie promos. However, if you are an advanced matched bettor you will definitely want to check out the new tiers.
As an extra incentive, if you sign up to either of the new tiers before the end of March 2023 you can use the code PRO10 to get a 10% lifetime discount on your subscription.
After a couple of years of global uncertainty, 2022 has been a bumper year for Bonusbank members. With sports returning to normal and a packed racing calendar, we’ve had plenty of bookie promos to take advantage of. When you add a truckload of new bookies into the mix, and finish off the year with a Football World Cup, you have the makings of the most profitable year ever!
Let’s take a moment and reflect on the biggest events in the Matched Betting world over the past 12 months.
For the past couple of years there have been murmurings of a Rupert Murdoch-backed super bookie launching in Australia. In late 2022, much to the delight of our members, this became a reality.
Betr launched in mid October, right in the middle of Spring Carnival and strategically in the lead-up to the Melbourne Cup. As predicted, these guys weren’t messing about and offered hungry punters ridiculous promos to try and gobble up market share.
In order to capture the publics’ attention they announced that they would be running a promotion offering $101 odds on every horse running in the Melbourne Cup. Safe to say that it worked, as the stunt gained widespread coverage from mainstream media… and not just NewsCorp outlets.
In addition to their Melbourne Cup promos they also announced $101 odds on the World Cup, NBA, NRL and AFL winners market as well as very generous $20 odds on the winner of the Cox Plate.
The next treat came in the form of deposit offers. Through the powers of live chat, customers were able to secure $100 deposit matches. A pretty tidy start considering the $600+ of value already on the table from those initial promos. Then things started to go nuclear when people reported that they were being offered $500 deposit matches. Next, news broke that $1000 matches had become available to those who spoke to them over the phone. In true Bonusbank style, our members descended upon the Betr customer service hotline like a flock of seagulls on a stray chip. Needless to say, a complete meltdown of their phone system ensued as their team struggled to keep up with demand. Rumour has it some members are still on hold…
For the next couple of weeks, we were treated to Run 2nd-4th promos across a couple of tracks every weekday. On Saturdays, we had “Run 2nd-5th double your stake back as a bonus bet”. The next week or two was a bit of a blur as Bonusbank members were faced with the task of turning over a constantly replenishing amount of Bonus Bets. After a crazy opening month, they gradually turned off the promo tap. The early days of Betr will surely go down in Matched Betting folklore.
In June, Bossbet burst onto the scene. They announced Run 2nd promos across all Saturday races at Australian Thoroughbred tracks. As a relatively unknown book at the time, this bought them right into the forefront of the bookie landscape for Matched Bettors. The promo returned again in July, this time for 4 consecutive Saturdays and throughout the week!
As if our members weren’t busy enough, both Winbet and Punt123 joined the Run 2nd party. The sheer scale of the promos made it one of the most lucrative periods of the year. In a truly marathon effort, Matched Bettors were putting in 12-hour shifts in order to take full advantage of these generous bookie offers.
This year we introduced new settings to our HorsePower software. Meaning our members can edit the number of places that the promo pays to for each bookie. This allows for an even more accurate representation of EV and therefore easier to take full advantage of these promos.
Although during 2020 we saw “The Rise of the Rails”, this trend has continued into 2022 with a number of new bookies popping up. With the prevalence of BetMaker White Label software it has become even easier for a bookie to set up online. The good news for us is that often these bookies will have deposit offers and a healthy selection of racing and sports promos during the early stages of their existence.
Notable additions to the Betmaker landscape in 2022: OkeBet, Swiftbet, Bossbet, BaggyBet, ReadyBet, MintBet, RamBet, UPCoz, Swiftbet
In 2022 we also saw Dabble rocket onto the scene. Described as a hybrid between social media and a bookie, they embrace a community of punters to “enhance” their betting experience. Users can share, copy, follow, comment and chat with other punters whilst they bet. This new approach proved successful with Tabcorp snatching up a 20% stake in the company. A couple of other corporate bookmakers tried to get a piece of the action by introducing social betting products.
More importantly, this meant a couple of new promos on the scene in the form of Rocket Boosts and Copy Bet Specials. For more info on how to take advantage of these click here
From a Bonusbank perspective, 2022 saw the launch of our much anticipated Pro Tier. We started the project with the goal of seriously upgrading all of our existing tools. In particular, the ATM and Dutching software. We also added new ones that will help our advanced members make even more money.
The Pro Tier provides members with the following additional benefits:
A wider range of bookies on our ATM and Dutching software. As well as greater coverage of bookie markets to provide more opportunities for bonus turnover, arbitrage, dutching, mug bets and deposit turnover.
After lots of speculation, we’re pleased to announce that our Horsepower software is now compatible with Greyhounds for Pro users. There has been an increase in the number of Greyhound promos available so it was only right that we update our software to accommodate.
We also introduced our Bore Draw software to help take advantage of the promo offered by Bet365 on every soccer game, anywhere in the world. It can help you find arbitrage opportunities or low-cost mug bets.
Pro is still in beta mode, and there are lots more features to come. If you would like to check it out you will first need a Premium membership. You can then get the Pro add-on here.
In case you haven’t, they can be found here
To Protect and to Serve EV
Forget Messi, Flip Flop odds with refreshing max win liabilities are the real GOAT
(*This blog post was written in August 2022. The Pro tier is now available to everyone here.)
It’s safe to say that Bonusbank offers more features than any other matched betting site in Australia. You can check out our competitor comparison page to see just how many.
However, that doesn’t mean that we are finished building tools that help our members make money online. We have lots of big plans for the future.
Most of those plans revolve around advanced tools that can help our advanced members make even more from their bookie accounts. Those tools will be found in our new Pro tier.
The first thing to say about the Pro tier is that it is a work in progress. It is a beta version that is going to get progressively better and better over the next 12 months or so.
We have recently added two new developers to our team, and we plan on adding more soon (*if you’re a dev with matched betting experience feel free to send us your CV), so the upgrades and new features will be coming thick and fast.
For the moment, though, Pro offers four new features:
For a long time, the most requested addition to our HorsePower racing software has been coverage for greyhound races. That is now a reality for Pro members.
HorsePower is a must-have tool if you want to maximise your returns from the bookie promos that offer a bonus bet if your horse runs 2nd or 3rd (or 4th or 5th in some cases). With the help of HP it is possible to make $1000+ every month from those promos, with not much effort.
However, the recent rise in the number of new bookies in Australia (there are now over 80!) has also led to a rise in the number of promos on greyhounds.
These new promos offer our members the opportunity to make even more money, and the greyhound coverage available to Pro members will help them do just that.
The Bet365 ‘Bore Draw’ promo is often over-looked, but it is extremely useful.
The promo is available on every soccer game – with no stake limit – and gives a cash refund on Correct Score and Half-Time/Full-Time markets if the game ends 0-0.
In the right circumstances, i.e. when the qualifying loss is low and there is a good chance of 0-0, the promo can be used to create an arbitrage opportunity. Our new tool helps to find matches that fit the criteria, and calculates the stakes that you need to use.
Pro members also receive some enhanced versions of existing tools.
The Pro versions of our ATM and Dutching software have more than double the number of bookies available on their standard versions. They also cover more markets.
On the ATM you will now find coverage for golf. This is great for high SNR returns, and also for arbitrage opportunities (assuming you have a large bankroll – which most of our Pro members do).
On Dutching you will find markets like Draw No Bet, Both Teams To Score, and over/under 3.5 goals.
These two tools are where the most significant upgrades will be made over the coming year. We will be adding many more markets so that we can find even more opportunities for you to lock-in a risk-free profit from the bookies.
At present, the Pro tier is being sold as an add-on. That means that the first thing you need to do to get Pro is make sure you have a Premium membership.
Once you have a Premium account you can go to this page to add Pro.
The current cost for Pro is $120 for 90 days of access. That is the equivalent of $40p/m, which is an amount that experienced members should be able to make back in no time with the new features.
A word of warning though, if you want to go Pro you need to sign up by August 28th. After that point we will be closing access for a couple of months.
The next opportunity to signup will be in mid-November, by which time even more features will have been added.
The new financial year has arrived at a time when most people don’t enjoying talking – or even thinking – about their finances.
Around the globe, a cost of living crisis is in full effect. And Australia is no exception.
Rental prices in state capitals have increased by over 20% at a time when wage growth is only 2.4%. Property ownership is now nothing more than a pipe-dream for many.
Gas and electricity prices are also through the roof, and let’s not get started on the $10 lettuce.
There are very few areas where Aussies aren’t feeling the pinch, so there has never been a better time to find additional sources of income.
There are plenty of side hustles available for anyone looking to make some extra money. In these times of crisis, though, a few extra bucks from filling out surveys isn’t going to cut it.
What most people need is a side hustle that provides a high return; without requiring too much time; and that – ideally – can be done remotely.
Enter matched betting.
If you would like to make hundreds of extra dollars each week, in just a few hours, from your laptop or phone, you won’t find a better option than matched betting. It’s even tax-free!
To get an idea of just how much you can make, check out the results from this survey that we send to new members after 60 days.
More than 70% of new members make $1000+ in their first two months, with 10% of them making more than $5000!
Those are significant amounts that could make a real difference during difficult times.
If making an extra $1000+ in the next 60 days sounds appealing to you, the good news is that it isn’t hard to do.
Any Australian resident who is over the age of 18 can make money from matched betting.
All you need to do is sign up for a free Bonusbank account and read through our Matched Betting Basics course. This will explain the basic concepts of matched betting, and walk you through the process of opening your bookie accounts and making your first profits.
The strategy that we use in the course is 100% risk-free. Every bet that we place is fully hedged to remove the risk. Our profits then come from the bonus bets that we receive from the bookie.
By using this approach at the various bookies in Australia you can make around $3000 with zero risk.
It’s a common misconception that matched betting is just about opening new accounts and getting sign-up bonuses. In reality, that is just the beginning.
By following the strategies in our more advanced courses, and using premium tools like HorsePower, you can continue earning month after month.
Just look at the results that some of our longer-term members have achieved:
As a young university student BonusBank has given me financial freedom, and with numbers now creeping over $15,000 in just 6 short months I can hardly believe it myself.
Truly changed my life, I’d advise everyone to give this a go – it really is some of the easiest money you’ll ever make.
Having recently come out of bankruptcy, I was looking at other ways of supplementing my income to assist in getting back on feet; and then I came across BonusBank.
BonusBank has not only helped me save an extra $20,000 in the last 6 months, I have also found a new social group on the chat who are a great help in learning your way around matched betting.
I am not a ‘punter’ – never have been and haven’t become one – THIS is a just a great way to make extra money with little or NO risk.
Looking to make some extra cash? Look no further than Nico and the team at BonusBank. Better than being an Uber driver and its tax fee.
I have been matched betting for around nine months and have made over $15,500 profit. I consider this a pretty good return given I don’t cover the horse racing or multi promos (although this is about to change).
It would not have been possible to achieve this result without the tools & services (especially the ATM) here at Bonusbank. The Bonusbank team offers friendly and reliable advice which is invaluable, especially when starting out matched betting.
Don’t be concerned about the price, you will find that Bonusbank will pay for itself several times over AND save you a lot of time.
Despite the huge price rises that we have already seen, it seems like this cost of living crisis is just getting started. The outlook for the 22/23 financial year is not great.
It is more important than ever to have a financial cushion to soften the impact.
If you would like to use the best side hustle in Australia to start building that cushion, sign up to a free account today.
As people look at different ways to boost their income, Octopus Group Surveys may provide a solution, but are they an excellent online side hustle?
Octopus Group is an online survey community that claims to have the highest cash rate available compared to any other online survey panel in Australia. Their mission is to shake up the Australian survey panel industry with a consistent per minute rate of $16.80 per hour.
Simply by completing surveys to earn some cash.
There are several ways to receive the surveys, either by downloading the app or logging into the website directly.
Members receive rewards of a monetary sum for their time and efforts in completing the surveys. The reward is usually a few dollars per survey.
You can then redeem your cash once you reach $20. The money can be transferred to your bank account or swapped for an e-Gift card at an Octopus Group member’s discounted price.
Signing Up is simple.
After entering your mobile number and email address, you will be sent a confirmation link by email, followed by an SMS notification.
Joining Octopus Group is relatively straightforward and takes about 20 minutes to complete. After signing up for an account, members must complete two stages.
The first stage consists of 53 questions about your circumstances and includes questions like “How much income do you make” and “What type of car do you drive”. Stage one takes about 5-10 minutes to complete.
The second stage is an “Initiation Survey”, which is a survey about surveys. Stage two should take about 5-10 minutes to complete.
After completing the survey, each member receives a cash reward, the monetary compensation for this survey was $1.12. Woohoo! Only another $18.88, and I can withdraw.
Members can expect to be notified of eligible surveys within a few hours of signing up.
It is free to join, but it does cost you your time.
Just like bonusbank, Octopus have a tell-a-friend promotion. Instead of spending thousands of dollars on marketing and advertising, they would like to share the money with their members. Their members are the most crucial part of Octopus Group, so they take every opportunity to give back to the members first. They’re paying it forward by not spending a fortune on a glitzy website.
So, to get a share, members need to tell a friend about them. Members can receive up to $20 for every friend that registers with Octopus Group. For example, if ten friends create an account, they will give you up to $200.
The way it works is simple. They will give you $1 per friend that registers, then a further $1 for each of the first 19 surveys they complete! “The best referral sweetener in Australia”, supposedly. (We disagree as our referral is sweeter!)
Members can find the “tell-a-friend” link on the dashboard after logging into the website. Copy it and send it however you like.
Yes, OG has rolled out a new member portal with a clean user interface that is very easy to navigate. They also have an app which is available for the iPad and iPhone.
Octopus Group Surveys are legitimate. They have over 200,000 members within Australia and are looking to expand in New Zealand.
If you have some spare time on your hands and don’t mind giving away your details, then yes, it can be a decent side hustle. Is it an excellent side hustle? Perhaps not.
The main cons with surveys are that you’re giving away a lot of personal information to people you don’t know. You’re also opening yourself up to receiving a lot of spam.
With a consistent per minute rate of $16.80 per hour, you need to be putting in some serious time to make it worth your while.
We believe that bonusbank is the best side hustle in Australia and New Zealand. Compared to the Octopus Group, it blows it out of the water.
Learning ‘matched betting‘ is relatively simple and can be done by anyone over 18 who resides in Australia or New Zealand.
The free tutorials that bonusbank offer takes about the same time to complete as a few surveys, but the reward is significantly higher. The first matched betting offer is worth about $75 for every bonusbank member.
After completing the first offer, members can use the same knowledge to apply it to different offers. On average, bonusbank members make about $2,500 after their first 60 days of being a member.
If you’re looking for a side hustle that pays you handsomely for your time, look no further than bonusbank. Once you’ve been banned and limited from all the bookmakers available, it might be worth checking out Octopus Group and completing some of their surveys.
What has been your experience with Octopus Group? Was it worth your time? Did you make much money? Let me know about your Octopus Group experience!
How would you like a little bit of extra cash in your pocket each week?
With the cost-of-living going through the roof, more and more people are looking for ways to supplement their income. Fortunately, there are now loads of different side hustles available. You can even do some of them without leaving the house!
Here are our top 5…
It’s a well-known fact that with gambling, the house always wins. However through a process called Matched Betting, we can swing the odds back into our favour and guarantee a profit.
Sounds too good to be true? Read on….
The simplest explanation is that Matched betting is a process that takes advantage of bookmaker offers and promotions. By using these promotions (usually in the form of bonus bets) you can guarantee a return by betting on all outcomes of an event. For example, you can place a bet using your bonus on a team to win, you can then bet on another bookie for that team to not win. This way one side of the bet will always win and you will have locked in a tidy profit.
The bookmaking industry in Australia is highly competitive, every day bookies are offering incentives to new and existing customers in order to get them to sign up and bet through their platform. By using this strategy across several bookmakers you can realistically make over $1000 a month. What’s even better is that it’s completely tax-free!
The process can take a while to understand, so it’s best to learn via a Matched Betting service like Bonusbank. With a Free Membership you can access everything that you need to master the basics and start earning risk-free money.
Food delivery is big business in Australia and provides the perfect opportunity for students to find reliable work that fits around their Uni timetable. Anyone over 18 with a phone and a car/bike that passes a background check can start delivering food and earning money.
The beauty of food delivery is how flexible it is. You’re completely in control of when you want to work and when you don’t. As long as all of your paperwork is in order, the signup process is quick and pain-free. You can normally start delivering and earning within a week.
Don’t have a car or motorcycle? Not an issue, just jump on your bicycle. With services like Uber Eats, riders on bicycles make more per delivery than their counterparts in vehicles. The emergence of electric bicycles has made this an increasingly attractive proposition.
I’m sure you’re all aware of the big players out there but Uber Eats, Deliveroo and Door Dash are all worth signing up for. You can even work for more than one service at the same time in order to maximise your earning potential!
As a student, your skills and knowledge are valuable commodities that can be used to earn you some serious money!
As a result of COVID, the way people learn has changed. Over the past couple of years, we’ve seen the rise of remote learning. This has provided opportunities for students to find tutoring work, not only in Australia but worldwide.
The simple answer is whatever you like, but best to stick to your strengths. Work out what you can do that most people can’t and focus on that. For example, If you speak a second language. This will be highly regarded by parents in Australia looking for someone to help their children, and can attract a healthy hourly rate. You also shouldn’t ignore the power that the English language has to students overseas, this is when the remote learning environment really kicks in. Do you play an instrument? Can you code? These are all valuable skills that people are willing to pay to learn.
As well as targeting local schools and parent groups you can also find work online by advertising your services through local Facebook groups. There are also online marketplaces for freelance services such as Fiverr where you can reach people worldwide. Tutoring usually takes place after normal school hours so works perfectly around any Uni commitments you have during the day.
Wait so you’re telling me I can get paid money to look after dogs all day? Absolutely!
Rather than the old fashion method of flyer bombing your local neighbourhood looking for work, you can now do it from the comfort of your sofa. Enter Mad Paws (the Airbnb of the pet sitting world). Here you can find hundreds of people looking for pet sitters in their local area.
Mad Paws was created to fill the ever-growing need in the pet boarding market for affordable, and local, pet accommodation whilst still maintaining the care and attention pets received at high-end, expensive, pet boarding services.
Not able to look after a dog at your place? Fear not… you can also find pet owners looking for people to stay at their place whilst they are away, as well as regular pet feeding and walking gigs.
Mad Paws provide a safe and hassle-free platform for those looking for pet sitting work, they take care of everything for you including payments and insurance.
Whilst not necessarily a way to earn money, Cashback Sites can certainly save you money! Whatever you buy online, there is a good chance that there will be a cashback site that will return a percentage of the purchase back to you.
Let’s say you want to buy a new laptop for Uni, instead of going directly to an online store you would go to the cashback site first. You would then find a link that redirects you to the store that you want to buy it from. Once you make a purchase, the store will pay a commission to the cashback site and then you will receive a pre-determined percentage of the commission they made (typically 1-30% of the purchase price)
Once you have reached the minimum cash out threshold you can withdraw the money straight to your bank or PayPal account. How awesome is that!
A couple of Cashback sites that we recommend checking out are CASHREWARDS and ShopBack. It is also worth taking a look at Swagbucks, who are great for those who do online surveys.
Whatever your interests, and whatever your circumstances, there is a side-hustle for everyone. So whether you want so save for a backpacking trip around South America, upgrade your living situation, or just have more money in your pocket for drinks at the weekend, there is an option for you.
Commit yourself to the hustle and start making money today!
Fantasy Premier League season is upon us once again. We don’t claim to be experts at FPL. We’re quite the opposite. Therefore, we’ve teamed up with FPL addicts, and Esports live this season to offer some awesome prizes and hopefully improve our game and yours. However, we claim to be betting experts, matched betting to be exact. Since launching in April 2107, we’ve helped thousands of Australians and New Zealanders make a guaranteed profit by taking advantage of bookmaker promotions. Considering we’re huge fans of FPL and we have a tremendous knowledge of betting odds, we thought it might be worthwhile combining the two. So here’s our blog post on how to use betting odds to improve your FPL rank.
Bookmakers spend a lot of time and money researching sports to ensure their odds are accurate. We love taking advantage of bookmakers, especially their promotions, but it’s also handy to use their odds to assist with FPL decisions. To get the closest probability available, we would be inclined to use Betfair. However, Betfair liquidity on some of the markets required can be non-existent. Therefore we will use a bookmaker instead. Considering Bet365 are the largest bookmaker, it’s no surprise that they have the broadest range of markets available. They also have the most accurate odds compared to Betfair for EPL markets. Here are a few markets that we find helpful to keep an eye on:
The ‘To Score’ market is valuable for seeing the current odds for individual players to score at any time in the game. The odds and probability can be beneficial in determining who the best captain choice is or deciding what players to transfer. It doesn’t just relate to strikers. You can check the odds of midfielders and defenders too.
This market is convenient as it provides odds on the likelihood of a team keeping a clean sheet. Not only is this useful for determining which goalkeepers and defenders to chose from, but it helps with midfielders, too, as they receive points for clean sheets as well. We’ve found this market to be incredibly useful if you’re playing the FPL draft format too. Check out the clean sheet odds for game week one below:
Much like the ‘To Score’ market this market provides the odds on players to provide an assist during the match. This is certainly an important factor as an assist merits 3 points in FPL.
This one is pretty self-explanatory but gives you an odds perspective of the difficulty of each fixture and what team is most likely to win.
The over/under market can be used to see what fixtures have the highest and lowest probability of goals.
Using betting odds is not our only FPL tip this season. We recommend following the experts too. There is a lot of noise when it comes to FPL, so it’s essential to filter it out. Whether you’re following multiple accounts on Twitter or subscribing to numerous podcasts, you must be receiving the best information and not being distracted. As mentioned previously, we are partnering with FPL Addicts and Esports Live this season and will be following their content throughout the season to improve our own FPL rank. Not only that, we will be actively involved in their Discord Community and will hopefully make some guest appearances on their terrific podcast.
The FPL Addicts and ESports Live team have both a FREE mini-league and a PAID mini-league available for anyone to join. And the best thing is that the current prize pool is sitting at nearly $5000.
Further, we will be providing $200 each month for the Bonusbank Manager Of The Month Prize.
We hope you have enjoyed this article and wish you the best of luck with the season ahead!
For every bet that you place with Topsport they will give you rewards points. You can then redeem these rewards points for bonus bets which can then be turned into cash by following our methods. Each $100 bonus bet is worth about $75 cash. Use an odds comparison tool like our Multimatcher to compare the odds of your multi against Betfair. By comparing your multi against an exchange like Betfair, you’ll understand the correct probability of your multi winning.Everyone loves a multi. However, it can be challenging trying to win one. That’s why we’ve provided eight simple ways to improve your multi betting:
Bookies use promotions regularly to entice new customers; make sure you’re taking advantage of these promos as they can be very profitable long term. Many bookies offer insurance if one leg fails to win; this is a sure-fire way of increasing the expected value. Check the bookie’s promotions page before placing your multi bet.
There are numerous bookmakers out there, each with different odds. When placing your multi bet, try comparing the combined odds and expected payout between a few other bookmakers. Bet365 and Topsport usually have the best odds. It could be the difference of a few hundred or thousand dollars.
Placing a ten leg multi in the hope of winning big can be tempting. However, it’s essential to realise that there is a difference between the probability of something happening and the odds a bookie offers. This difference is known as the bookies’ margin, and it’s how they make their profit. For every leg placed, the bookies’ margin multiplies. Try reducing the legs to keep the expected value higher.
Use an odds comparison tool like our Multimatcher to compare the odds of your multi against Betfair. By comparing your multi against an exchange like Betfair you’ll be able to understand the true probability of your multi winning.
For every bet that you place with Topsport they will give you rewards points. You can then redeem these rewards points for bonus bets which can then be turned into cash by following our methods. Each $100 bonus bet is worth about $75 cash.
It’s never a good idea to cash out. The reason for this is because the bookies will always give you less than what you deserve. The cash out button is quick and easy, but if you learn how to lay on Betfair, you can save yourself a lot of money. Better in your pocket than the bookies.
Some bookies offer odds boosts on multis. One of the best ways to improve multi betting is to increase the odds of your bet. Check the bet slip to see if there is an option to bump up the odds of the multi.
Tipsters generally have one plan to make a profit, whether that’s through their subscription fees or affiliations with bookmakers. If a tipster is great at picking outcomes, why would they bother selling them or even giving them away for free?
If you follow the tips listed above, you’re sure to improve your success rate of winning multis. If you’re interested in learning other valuable strategies to improve your betting, feel free to sign up for a free bonusbank membership
What a year it has been!
Starting with some of the worst bushfires ever seen in Australia, and then throwing a global pandemic into the mix, 2020 has been challenging for everyone.
The year got off to a slow start with the NRL and AFL seasons (traditionally the most profitable time of the year) being suspended after only a handful of games. Sport worldwide ground to a halt and we were left twiddling our thumbs…. Ukrainian table tennis anyone?
Luckily for us Horse Racing persevered and bookmakers continued to offer boosts, cash back and bonus bets. As a result, there was still plenty of money to be made.
Despite everything, 2020 has still been one of the most profitable years for our members! Here is a quick rundown of the best Matched Betting events of the year.
On Flemington Stakes Day in November a power outage at an external data centre crashed the TAB servers. This resulted in a nationwide TAB outage, and caused havoc in the Australian racing industry.
Customers were unable to place bets, and races across the country were delayed, and even postponed, as they scrambled to fix the issue. This also affected other Australian bookmakers, and long delays were experienced in the settlement of Tote based products.
Luckily for us TAB re-emerged with their tail between their legs. The initial apology came in the form of Bonus Bets applied to accounts, but that was just the start. The following weekend they ran refund promos on a whopping 51 Thoroughbred races, not to mention additional promos on Harness, Greyhounds and Sport. When you add in their ridiculously generous In-Venue promotions there was an insane amount of value on offer
This was by far the most profitable weekend of the year (possibly of all time) and will go down in Australian Matched Betting folklore!
*GIF Thanks to Crungle Inc
In September, one of the newer bookies on the scene went nuclear and started offering customers a 100% Deposit Match up to $1000! Like kids on Christmas Day, this offer was gobbled up by our members. To make things even better BBet followed up throughout the Spring Racing Carnival with additional $500 and $250 deposit offers!!
The frequency and the generosity of these offers had never been seen before in Australia. In fact, they were so generous that questions were being asked of the company’s business model.
Their offers aren’t as frequent now but Bbet are still popping up regularly with deposit offers, much to the delight of our members.
What a way to announce your arrival on the Australian Bookmaker scene.
The US Election perhaps provided the most unexpected opportunity for many of our members.
In the month leading up to the election, several bookies started offering huge arbs on Biden. This was an effort to balance their books due to the huge amount of mug punter money they were taking on Trump. With apparently no maximum stake on these arbs, our members proceeded to fill their boots with risk-free profit.
The opportunities didn’t stop their either. As the votes were counted the odds swung from one candidate to the other. This created even more arbitrage opportunities. There were also possibilities for trading or value bets, and there was a lot of discussion about these in the dedicated election channel of our Discord server.
Once the results started to become clearer, several bookies settled their bets with Biden as the winner. The Betfair market stayed open though. This provided a great opportunity for people who had arbed to lock-in even more profit.
And then came the recounts, the court cases and the Tweets.
The markets that were expected to close a few days after the election stayed open for an additional five weeks. During that time they reacted to every piece of news, no matter how relevant (or factual). This provided more opportunities for us to profit.
By the end of this epic run some members were reporting profits in the tens of thousands of dollars. Then, just when we thought it was over, Betfair open up this market and we all jumped back in again.
The election market set a new Betfair record for the amount of money traded on a single market, and also brought some record profits for Bonusbank members.
From a Bonusbank point of view, the launch of our Discord Server has definitely been a highlight!
In our new chatroom you will find hundreds of members discussing the best ways to take advantage of bookmaker promotions. On any given day you can find Matched Bettors of all experience levels online helping each other out and talking about the best way to maximise returns.
We’ve set up a number of channels for discussing topics like signup bonuses, sustainability, and racing promos. There are also off-topic channels where you can discuss things like deals, investing and alternative side hustles. Perhaps the greatest development has been our Arbs channel where members can alert other members when an arb opportunity presents itself.
This has only strengthened Bonusbank’s position as the most thriving Matched Betting community in Australia.
We can’t wait to do it all again in 2021!!
Do you know what the most valuable feature at Bonusbank is?
Despite all of the time, energy, and money that we have invested into developing the site, the most valuable feature is the one that we can take the least credit for.
Instead, we have to give credit to our members, who have created the most active, friendly, and knowledgeable matched betting community in Australia.
Our forums and, in particular, our chatroom are the place to be if you want to maximise your matched betting returns. It doesn’t matter whether you are a beginner or a pro.
Over the past few months we have seen the volume of activity in the chatroom sky-rocket. Every day we have hundreds of comments. At the weekend it is thousands.
With so much activity it was getting difficult to keep track of the various conversations that were happening. So we decided to make a change:
Discord is an chat platform that is growing in popularity every day. It is hugely popular with gamers. Now, due to it’s amazing functionality, non-gamers are starting to adopt it too.
Within the new Discord ‘server’ (that’s what Discord calls a community) you will find multiple channels for discussing topics like signup bonuses, sustainability, and racing promos.
We also have some off-topic channels where you can discuss things like investing and alternative side hustles.
However, the most popular channel so far has to be our #arbs channel.
Some of our members made hundreds of dollars on Sunday thanks to arbs that were being shared (and also thanks to whoever fell asleep at the wheel at Sportsbet!).
There is even an option to get an arb notification straight to your phone when a new one is posted.
Overall, it’s safe to say that the switch to Discord has been a success.
The Discord server is only available to Premium members, but we want everyone to be able to check it out & see just how great the community is.
For that reason, we are offering a 7-day free trial to anyone who signs up by October 18th. Just enter the coupon code DISCORD when signing up to any of our premium options.
If you decide it’s not for you, you can cancel at any time before the trial ends and you will not be charged. However, we’re sure that once you join, and see how much value their is in the chatroom, you won’t look back!
In 1999 Betfair revolutionised the gambling industry by introducing peer-to-peer betting. In doing so they allowed punters to access better odds than were available at traditional bookmakers.
Punters could also choose to act like the bookie by placing lay bets. This opened up a whole world of possibility. New ways to make money online were soon developed.
In 2006 Betfair arrived in the southern hemisphere with the launch of Betfair Australia…and the money making opportunities came with it.
So, what are the best approaches?
The most obvious way to try to make money with Betfair Australia is via traditional punting…but that doesn’t mean that you will be successful.
Professional gambling is a grind. No one can pick winner after winner indefinitely. Instead, the pros just aim to make a 2-5% profit on their turnover.
With that kind of target, the odds that you receive matter a lot.
It is possible for two gamblers to place the same one hundred bets but for one to make a profit and the other to make a loss because they took bad odds.
This is where Betfair can make a difference. Their odds have been shown to be consistently better than traditional bookmakers. If you want to make money as a punter it is a no-brainer to place your bets at Betfair Australia.
Just like a stock exchange, it is possible to make money by trading on a betting exchange. This is done by backing and laying the same outcome but at different odds.
If your back odds are higher than your lay odds you will make a profit. If not you will make a loss.
This process isn’t easy, but it is a skill that can be studied and learned. As a result, there are plenty of full-time traders on Betfair, like Caan Berry.
The main problem with Betfair trading in Australia is that there are laws that prohibit in-play betting. This means that a lot of the most popular sports to trade (tennis, soccer, cricket) aren’t an option for Aussies.
The best alternative to these is horse racing. This can be traded both pre-race and in-play (in-play betting on racing is allowed).
With so many races taking place each day, a skilled trader can do very well.
However, Betfair trading is not for everyone. In fact, most people who try it end up losing money. If you are going to try it we would advise starting with very small stakes, and to get some advice from the experts first.
Without betting exchanges matched betting wouldn’t exist. The ability to lay bets is what makes it possible to profit with no risk.
Fortunately we have Betfair and are able to make money online using Australia’s best side hustle.
If you are not already familiar with matched betting you should probably sign up for a free bonusbank account and read through our beginner tutorials.
However, the short version is that matched betting is the process of taking the bonus bets offered by bookmakers and turning them into risk-free cash. This is done by using Betfair to cover all outcomes.
There are so many bonuses available each week that a matched bettor can make thousands of dollars each month while working from home.
No matter what your previous experience, anyone can make money from matched betting. We have testimonials written by people, from all walks of life, whose lives have been changed by matched betting.
My own life was also hugely altered after finding matched betting.
None of this would have been possible without Betfair.
If you would like to try any of these approaches to making money online, the first thing you will need is an account with Betfair Australia.
If you want to guarantee that you make a profit you will also need a Bonusbank account.
Matched betting has been on a semi-break recently (like the rest of the world) as a result of the coronavirus. The cancellation of most major sports has left us with less opportunities to make money from the bookies.
Fortunately for us, horse racing in Australia has managed to continue on throughout. This has allowed our more experienced members to keep making a profit.
As anyone who has been matched betting for a while will tell you, horse racing is where the long-term profits are. However, it is not an ideal learning ground for beginners. We will be happy to the see the return of Bundesliga at the weekend.
During this quieter period we have been working behind the scenes to improve our matched betting service. We have made upgrades to our oddsmatcher software, and our horse racing chrome extension.
We have also just released a significantly improved version of our matched betting app.
Here is a look at each of them…
The ATM oddsmatcher software has been at the core of bonusbank since we launched three years ago. It helps matched betting newbies identify the best options for their first bets, and experienced members use it to maximise returns on their bonus bets, and to find sports arbitrage opportunities.
Over the three year period we have continually made small incremental changes and improvements. However, we recently went back to the drawing board and built a new and improved version from scratch.
It might look similar on the surface but there are some significant differences:
All of these features, combined with the huge amount of bookies, sports, and leagues that we cover, make the ATM the best matched betting software in Australia by far.
Another tool that has seen continual improvements and upgrades is our HorsePower chrome extension.
Horse racing promos are the most profitable area of matched betting in Australia, and HorsePower makes it easy for anyone to start making money.
The most recent version added an expected value (EV) column. This lets you know how much of an edge you have over the bookie, based on the currently available odds.
By continually betting on the horses with the highest expected value, our members can ensure that they maximise their matched betting profits.
With limited promos during the lockdown, we have also been looking for innovative ways to make money from bookies. One such way, which was suggested by one of our members in the forum, is ‘Fav v Field’ arbitrage.
Based on this suggestion we decided to add a feature to HorsePower to simplify the process. This feature overlays the bookie odds onto Betfair and displays your potential return at any given time. Any time it turns positive you can just place your bets and lock-in a profit.
One of the great things about ‘Fav v Field’ is that it doesn’t rely on promos. This means that it can be used to squeeze even more money out of accounts that have been banned from promotions.
You might also notice that we have added a handy countdown timer to the Betfair market so that you never miss the jump again.
This week we launched a new and improved matched betting app on iOS and Android.
The new app replaces our previous Bonusbank Basics app, and has a lot more features. All of the free, beginner, content that was on Basics is still available, but now Premium members are able to login to access much more.
Included in the Premium section are six additional matched betting calculators that can help you take advantage of a range of bookmaker promos. Our Intermediate and Advanced tutorials are also available to help you learn new strategies.
In addition, the Premium app contains versions of our promo pages and daily plays. These are great for anyone who does their matched betting on the move.
To download the app just go to the App Store or Play Store
The return of Bundesliga is a welcome sight after so long without major sports. However, from a matched betting perspective, it is NRL and AFL that we are most excited about.
Today we learned that – assuming there are no virus-related complications – AFL will return in four weeks. NRL should be back in two. When that happens we can expect to see a huge increase in the number of matched betting opportunities.
Thanks to the upgrades that we have made to the site (plus the awesome existing features) our members will be more ready than ever to take advantage of them.
Sign up today to join them.
If you want to guarantee a profit from a bookmaker’s bonus bet you are going to need a matched betting calculator. Fortunately Bonusbank has you covered.
Our simple matched betting calculator is completely free to use and can help you lock-in a no risk profit on any bonus bets or bonus money that a bookie offers you.
Our Premium members also have access to another eleven matched betting calcs that can be used to implement advanced money making strategies.
You only need the simple one to get started though, and that is what we are going to look at here…
When using a matched betting calculator, the first thing you should do is check that you have it set to the correct mode.
There are three potential options. The one you choose will depend on what you are using to place the bet at the bookie.
If you are using your own cash to place the back bet you should select ‘qualifying bet’ mode. This applies whether you are turning over cash that you deposited when signing up, or placing a bet to try and trigger an existing customer promo. Bets using your own cash should always be in qualifying mode.
The second option – Bonus Bet (SNR) – is used whenever we place a bet using a Stake Not Returned bonus bet. This applies to the majority of bonus bets offered by Australian bookmakers these days.
With SNR bets you will find that higher odds offer higher returns.
Bonus Bet (SR) is the final option for the matched betting calculator. You will not use this option often. Bonus bets that return the stake are rare in Australia, but you may get one from TabTouch.
This part of the calculator is pretty self-explanatory.
The blue section refers to the back bet that you are placing at the bookmaker. You just enter your stake and the odds that are available.
The pink section is for the lay bet, which is placed at Betfair. We use pink because this is the colour that Betfair uses for lay bets. So you can just look for the number in the pink box at Betfair and add that to the calculator.
The only thing that can be a little bit tricky here is the commission. The standard Betfair commission rate is 5%, but it can vary for events that take place in Australia. You can check the actual commission rate by clicking on the ‘Rules’ button at the top of the Betfair market.
The bottom section is where the calc tells us everything we need to know.
The first important piece of information is the lay stake. This is the stake that we should use at Betfair in order to guarantee an equal return no matter what happens in the match.
The calculator also tells us how much we need in our Betfair account in order to place the bet. This is known as our ‘liability‘. If our bookmaker bet wins, this liability is the amount that would be subtracted from our exchange account.
We can also see what our overall profit or loss would be on this matched bet. It is displayed as a dollar amount and also as a percentage of our back stake.
The profit or loss will be the same for all of the potential outcomes of the match.
As i previously mentioned, the basic matched betting calculator is all you need to start taking advantage of bookie bonuses and making money online. You can sign up for a free bonusbank account to start using it.
However, there are many variations of this calculator that allow users to apply more advanced strategies and make even more money. If you would like to try them out too, sign up for a premium account by clicking the button below.
