Let’s Make Some Money!

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…

#1 Matched Betting

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….

How does it work?

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.

#2 Food Delivery Driver

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. 

Why’s it so good for students?

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!

#3 Tutoring

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.

What should I teach?

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.

#4 Pet Sitting

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.

What kind of services do they offer?

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.

#5 Cashback sites

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.

Sounds good, how can I do it?

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! 

There are a few cashback sites around but the main one we recommend checking out is TopCashback. Their browser extension, which flags up sites offering cashback in Google search results, makes it easy to always get the best deal. 

Something For Everyone

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!

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:

1. Use a bookie that has a promotion

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.

2. Pick the bookie with the best odds

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.

3. Reduce the number of legs

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.

4. Compare the odds to Betfair

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.

5. Take advantage of rewards points

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. 

6. Don’t cash out

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.

7. Pump it up

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.

8. Ignore tipsters

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?

Conclusion

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.

This was by far the most profitable weekend of the year (possibly of all time) and will go down in Australian Matched Betting folklore!

BBet $1000 Deposit Match

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.

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.

And finally……

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.

Switching to Discord

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.

Try It Yourself

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?

Punting With Betfair

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.

Betfair Trading in 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.

Matched Betting

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.

Start Making Money On 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…

ATM 2.0

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:

• The table will auto-refresh in your browser so that you are always getting the freshest odds
• We have added a huge number of new leagues since we first launched, so we added a ‘League’ column to make it easier to search
• The filters now allow you to select or deselect multiple bookies or leagues so you can find the exact results you need
• You can also save your settings for next time. No more gubbed bookies in the table
• The timezone can be adjusted so that the start times are displayed correctly for you
• You can enter your stake amount in the ‘Stake’ box and the table will display your actual returns rather than just a percentage

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.

HorsePower 

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.

BONUSBANK – MATCHED BETTING APP

The Return Of Sport

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…

Choosing a Mode

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.

Back and Lay Bets

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.

Calculator Outcomes

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.

Advanced Matched Betting Calculators

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.

To be honest, it’s not our sport. We’re both from Scotland originally so we didn’t grow up with it and, as a result, we don’t know all that much about it.

We know a decent amount about soccer but, even then, we would hardly say we are experts.

But….we know enough.

Enough to have nearly 20 combined years of profitable betting between us.

Enough to have helped Bonusbank members take millions of dollars from the bookies over the last three years.

Don’t Follow Sports? No Problem

That is the beauty of matched betting. You can make consistent profits, year after year, without any knowledge of the sport you are betting on.

There is no need to spend hours analysing stats or form. No need to stay up to date with the latest injury news or weather forecasts.

All we need is for the bookies to keep using promotions as a way to attract new customers.

As long as those promos exist, it will be possible to extract value – and profit – from them.

And that is one area where we do claim to be experts.

The Bonusbank website contains all of the knowledge that we have accumulated since discovering matched betting in 2008.

It also contains tools that we wish we’d had when we started out. Tools that make it easier than ever to profit from the bookies.

So if you know nothing about NRL (or any other sport for that matter) but you still like the idea of having a side hustle that provides a regular income, you can’t go wrong with matched betting.

Our Only Prediction For NRL 2020

There is one thing we can confidently predict about the new NRL season; there will be loads of promos!

NRL and AFL are the most popular sports in Australia for betting on, and every bookie wants to get their hands on punters cash.

To do that they try to lure them in with promos, especially at the start of the season. As a result, March and April are generally the best months of the year for matched betting.

If you want to get a share of the available profits, sign up for a premium bonusbank account today!

Of all of the available early payout offers, none come close to 2up in regards to the number of available games, or the size of the potential payout.

Most early payout offers have a restriction on either the stake that you can bet or the size of the payout.

For example, you may get an early payout on your first $250 of stake, no matter what the odds are. Or, you might get an early payout of up to $500 winnings, no matter what the stake was.

The number of applicable games for the promos will also be limited. If it is an NRL promo you will only have eight games per week to bet on. With AFL you will have nine.

When it comes to 2up, however, there are almost no restrictions.

The potential payout is completely unlimited. You will receive the early payout whether your stake is $10 or $10,000.

The number of applicable games is also huge. Bet365 recently expanded the leagues and cups that count for 2up from eight to nineteen!

On an average weekend, during the European soccer season, there will be 80+ applicable games!

All of that choice is great, but it does beg the question “How can i know which games  are most likely to trigger the promo?“.

The 2up Software

Calculating the probability of a team leading by two but not winning isn’t easy to do. You won’t find a market on Betfair, or at any bookie, which tells you the odds of it happening.

However, there are some markets that can point us in the right direction.

One thing that we know for sure is that the promo cannot trigger if there are less than 4 goals in the game.

Another thing we know is that both teams need to score. A one-sided game with all of the goals scored by one team is no good.

For that reason, the two columns on the right of our 2up software show the probability of there being 4+ goals in a game and the probability of both teams to score.

The other two columns deal with the ‘qualifying loss’. This is the amount that you stand to lose if the promo does not trigger.

The first column displays the qualifying loss as a percentage of your stake. We want this figure to be as low as possible.

However, the acceptable QL will vary depending on the size of your potential payout, so that is what we look at in the second column.

When taken in unison, the information displayed by the software allows you to quickly identify the games which will have the highest expected value for this offer.

You can then choose to either, hope that the double payout triggers, or use our EP calculator to lock-in a profit if your team goes 2up.

Try it Now

February can be a quiet month for matched betting in Australia. We are in the lull between the end of the Big Bash League and the start of the new NRL season – but there is no shortage of soccer.

All of the European leagues are in full effect, A-League is going strong, and the Champions and Europa Leagues are back in a couple of weeks.

There has never been a better time take advantage of the 2up offer.

If you would like to give it a go, you can get 25% off your first month of a Premium Monthly subscription if you sign up before the end of February using the code 2UP.

With so much content available for free – with no time limit, or need to enter payment details – we have decided that, starting from February 1st, we are no longer going to offer free trials of our Premium membership.

If you have been thinking about signing up and have a trial code from one of our affiliates, now is the time to use it.

If you don’t already have a code you can enter CC5 to get a 5-day premium trial before it’s too late…

Wow, where did that year go? Time seems to be going a lot faster these days.  Seems like yesterday we launched the first matched betting service in Australia.

It’s been nearly 3 years and since then a lot has changed. However, there is one thing that hasn’t changed…. …we continue to make a guaranteed profit for our members!

For nearly 3 years, we have guaranteed a profit every single month. We’ve tracked every single play since day one, you can see the results here. 

In 2019, our Today’s Plays returned a total of $9,723.74. Not bad, considering that it only takes a few minutes each day to place the bets. The profit per hour on following the plays is huge!

Not only that, we’ve continued to add more features and value to our website to ensure our members get the highest returns.  Check out these improvements:

Matched Betting App

2019 saw the launch of our new app, bonusbank basics. It has everything you need to start profiting from bookmakers bonuses and promotions.

It’s FREE to download and has comprehensive tutorials and a simple calculator to start your matched betting journey. 

Available on both Android and IOS. 

Our range of video tutorials also expanded greatly in 2019.

We now have videos which show how to take advantage of all of the major matched betting opportunities.

You can view the videos here on the site, or on our YouTube channel. 

Keep up to date by subscribing here.  

At the end of the year we launched our new 2Up software which helps members identify the best matches for Bet365’s soccer early payout offer.

This offer can provide huge profits, and is available throughout the year, so the software is very useful to advanced members who are looking to maximise their profits.

Coming in 2020?

We don’t want to give away too much but, it is safe to say that 2020 will see even more upgrades and additions to the site.

One thing that we can tell you about is our Premium app. That it is in the final stages of development and will be available very soon.

We also have another big upgrade which will be released in the next couple of weeks.

Overall, it is an exciting – and busy – time at Bonusbank, and we will be continuing to make it even easier for our members to profit over the next 12 months.

To make sure that we have the most up-to-date information about matched betting in Australia, we send out a survey to all of our members 60 days after they sign up. The short survey asks about their experiences in receiving bonus bets from each bookie. It also asks how much money they have made.

Here are the results…

In their first two months of matched betting, more than 50% of our members make over $2500!

Almost 20% make an incredible $5000+, and 4 out of 5 new members make at least $1000 in their first 60 days. That is a pretty incredible return for a side-hustle.

But what about long-term?

The first 60-days is when most members are taking advantage of bookmaker sign-up bonuses. These are the low-hanging fruit of matched betting. They are easy to do and offer huge profits.

After a couple of months these will dry up though, and it’s time to move onto the existing customer promos. The stats from our daily play’s show that it is quite possible to make $1000+ every month from these promos, but that doesn’t tell the whole story.

Our plays don’t include horse racing promos. These are a little more advanced but, once you get the hang of them you can easily make another $1000+ per month.

We don’t have any survey data from our longer-term members, but we do have some anecdotal evidence in the form of our testimonials. Here are some snippets:

“5 months on my profits have grown to more than $11,000″ – MT985

“I’ve made tens of thousands this year“ – HoracioDanton

“I have been matched betting for around nine months and have made over $15,500 profit” – Keef

“helped me save an extra $20,000 in the last 6 months” – pwinne

“$15,000 in just 6 short months” – Ads

How Much Money Can You Make Matched Betting in Australia?

To go back to our original question, it seems like profit can vary, but almost everyone will make thousands of dollars. In some cases, tens of thousands. That’s not bad for a side hustle that only requires a few hours per week.

If you want to find out how much you can make, sign up for a free account today and get started. With a little bit of work you could be ticking that $5000+ box in just 60 days time!

The app also contains an easy to use version of our simple back & lay calculator. This is the essential matched betting calculator which works out how much you need to bet to maximise your profits from bookmaker welcome bonuses.

The calculator is so easy to use that Premium members who regularly use mobile will probably want to download the app as well.

The app also contains a link to our ATM Lite software which gives Free members access to two bookmakers on the ATM so that they can easily find the best matches for their first matched bets.

You can download the Adroid version of the app here, or get the iOS version here.

Please check it out and let us know your feedback.

It’s the final day of the NRL season today and, although we’ll be sad to see it go, we are happy to have some great promos to take advantage of.

Here are a few completely risk free ways that you could make money on the big game:

Ladbrokes are offering $2 odds on Roosters -7.5.

TopSport have the same odds on Raiders +7.5/8. This means that half the stake is placed on Raiders +7.5, and the other half goes on +8. The max stake at TopSport is $200.

If we put $200 on both of those bets we would be guaranteed to break even in every scenario except one. That is if Roosters were to win by exactly 8 points.

In that situation we would win the Ladbrokes bet, but only lose on half of the TopSport bet. The other half would be returned to us as a ‘push’. Leaving us with $100 profit, absolutely risk-free.

To make this play risk free we could lay $9.96 on Tedesco and $11.32 on Mitchell. This would give us $20 profit at Betfair if neither of them score first, cancelling out the Ladbrokes stake.

If one of them does score first we would lose $103.24 at Betfair, but win $140 at Ladbrokes. That would be $36.76 of risk-free profit.

Want Some More?

These are just a few of the ways that we can profit from bookmaker promotions with little or no risk. If you would like to learn more, you can use the code GRANDFINAL to get a 5-day free trial of our Premium service.

Whoever you are cheering for tonight, it’s always more fun when you know you can’t lose!

It’s that time of year again.

There is just one more week until the new EPL season starts. The rest of the major European soccer leagues won’t be far behind.

This is great news for matched betting. With so many games and markets to choose from we will be able to get higher returns on our bonus bets, and also find more arbitrage opportunities.

The new season also brings one other money making opportunity…the Bonusbank Fantasy Football Premiership.

This is the third season we will be running the league. The two previous seasons have seen Wests Champions live up to their name and take the crown. They will be going for an unprecedented treble this year.

Once again, there is a cash prize up for grabs. A total prize fund of $300 will be broken up like this:

1st Place – $210 + 1 year free bonusbank membership
2nd Place – $60 + 6 months free bonusbank membership
3rd Place – $30 + 3 months free bonusbank membership

If you think you’ve got what it takes to beat Wests Champions and walk away with the prize money you can join the league by signing up to the official fantasy football site and entering the league code 3bj20y

Anyone is welcome to enter. However, to be eligible for the cash prize you have to be a bonusbank Premium member for at least 4 months during the season. Anyone who doesn’t meet that criteria will only be eligible to win free membership.

The first game starts at 5am aest on August 10th. Get your team in before then for your shot at Premiership glory!

Good Luck!

In order to achieve F.I.R.E. many people will start a side hustle. This is something that is also encouraged by popular Australian financial expert The Barefoot Investor.

A side hustle is basically any type of money-making activity that you can undertake in addition to your full-time job.

For many people this could just be an additional part-time job, such as shifts at a bar on the weekend. Others may set up their own business doing anything from dog walking to interior design.

Some people will also look for ways that they can make money online. This is where matched betting comes in.

Impact of Matched Betting on F.I.R.E.

After the podcast was released in early May we had a lot of new members sign up to bonusbank. Much more than we would have in a normal month.

This seemed like a good opportunity to do some data gathering. So, a couple of weeks ago, i created a survey specifically for people who had signed up after listening to the podcast. There were 62 responses in total.

Here is what we learned:

• 82% of respondents had never heard of matched betting before listening to the podcast. Only one person had ever tried it before.

  This just goes to show that matched betting is still pretty underground in Australia. There is a long way to go before we reach the saturation levels that you can see in the U.K.. That means that there will be lots of money-making opportunities for years to come.

• 66% of respondents had made at least $1000 profit since signing up, with 21% making over $2500 and 5% making an amazing $5000+
  Given that this survey took place just two months after the podcast was released, those are some impressive numbers. Some of the respondents had only been matched betting for a month.

• Shares (72%) and cost cutting (69%) were the most popular other methods that respondents are using to achieve F.I.R.E.
  Other activities included , property investment (32%), credit card point (29%) and travel (6%) hacking, and side hustles like tutoring, P2P lending, and creating and selling products on Redbubble.

  However, my favourite answer to this question was “I work a shitload of overtime and live in a toolshed to cut costs”.

• 13% of respondents had been able to bring forward their retirement date since joining bonusbank.
  Considering this is just based on 1-2 months membership, that is pretty incredible. Even if it is just one extra month that they don’t have to set an alarm clock and go to the office, that is a great achievement.

Additional Feedback

Some of the respondents were also good enough to provide a bit more detail of their experience with matched betting and with F.I.R.E.

Here are a few snippets…

Get involved

If you are interested in learning more about F.I.R.E we highly recommend checking out the Aussie Firebug blog. You can also follow on Facebook to get updates whenever new content is added.

For more info on matched betting just sign up for a free account which will give you access to our basic tutorials, plus all of the tools you need to bank your first bonus.

Australian bookmakers are more than happy to accept customers from New Zealand, and in most cases they are treated in exactly the same way as Aussie customers.

That means that people in NZ will receive welcome bonuses, be able to access early payout offers, and be eligible for refunds on promos across a range of sports.

In other words, it is possible to make money matched betting in New Zealand!

Differences Matched Betting in New Zealand

There really aren’t many. Most bookmakers treat Kiwi customers in exactly the same way as Aussies. And all of the tutorials and tools at bonusbank work exactly the same for everyone.

The only differences you will find relate to currency, and bookies that have NZ versions of their sites.

Because bookies don’t treat Kiwis any differently, they only offer accounts in AUD. This also applies to Betfair.

This means that, unless you have an AUD account, you will lose a small amount of your profits due to currency conversion fees.

Only two bookies have separate NZ sites – Tab and Bet365.

Both of these sites are almost identical to their Australian counterparts, but occasionally there is a difference in the promos that they have available. Sometimes the NZ promos are better, sometimes they are worse. So it is worth keeping an eye on.

Bonusbank in New Zealand

As previously mentioned, all of the features supplied by bonusbank work the same no matter whether you are matched betting in New Zealand or Australia.

We also have a specific thread in our forum where members from New Zealand can share their experiences with each bookie in order to help each other (this is something we have for every Australian state too).

So, if you are in New Zealand and would like to get started with matched betting, sign up for a free account today!