New Bonusbank Fantasy Football League
August has arrived, and that can only mean one thing…the European soccer seasons are about to start!
At bonusbank, our matched betting software searches data from the top 5 leagues (England, Spain, Germany, Italy & France) to find the best opportunities for our members to profit. So the return of soccer is always a welcome addition after some quieter weeks.
However, matched betting isn’t the only way that you can profit from soccer at bonusbank. For the second year in a row, we will also be running our EPL Fantasy Football league.
The league is free to enter, and has cash prizes up for grabs, so there’s no reason not to get involved.
For each person that enters a team we are going to add $10 to a prize fund, up to a maximum of $300. At the end of the season the prize fund will be split among the top 3 teams in the league. We will also throw in some free bonusbank memberships.
Here is what the breakdown will be:
1st Place – 70% of prize fund + 1 year free bonusbank membership
2nd Place – 20% of prize fund + 6 months free bonusbank membership
3rd Place – 10% of prize fund + 3 months free bonusbank membership
The only condition is that, in order to win the prize fund 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.
We already have 10 teams entered in the league, so it looks like the prize fund will reach the maximum amount. Entries will remain open until the end of the first round of games on August 13th.
To join, just go to the official fantasy football site and use the league code 991649-257032.
Good Luck!
World Cup Brings Record Profits!
The World Cup is currently on pause for a couple of days so that the players can be fresh for the Quarter-Final stage. The break has also given matched bettors a chance to catch their breath after what has possibly been the greatest ever month for matched betting in Australia.
It was certainly great for Bonusbank members who have been following our daily plays. We smashed our previous best ever month and recorded a profit of $2779.63!
That means that we have now had four consecutive months of $1000+ profits. In fact, our average for 2018 is now at over $1600 profit every month.
What’s more, those figures are based on our advised stakes, which we keep at a conservative level so that all members can achieve them. Some of our advanced members have been applying higher stakes and more advanced strategies, and have recorded even higher profits as a result!
Although the bulk of the World Cup is now behind us, that doesn’t mean that the matched betting is over. Once we have caught our breath we will be back at it with AFL & NRL tomorrow, the Quarter-Finals and horse racing at the weekend, and the the final State of Origin game next week.
The money-making opportunities just keep coming 😀
Extra Calcs
Early Payout Calculator Upgrade
What has been your most profitable matched betting promotion over the last 12 months? Ask any experienced matched bettor and they will almost certainly answer ‘early payouts’.
Early payout offers settle your bet as a winner as soon as a certain trigger event happens. It could be an AFL team leading by 24 points, an NRL team scoring 20 points, or a soccer team leading by 2 goals.
The beauty of these offers is that there is no guarantee that the team who trigger the payout will win the game. If they don’t, and you have backed and laid pre-match, you will win at both the bookmaker and Betfair.
The chances of a team coming back from 24 down are slim though. That’s why the Bonusbank early payout calculator is designed to help you guarantee a profit whatever the outcome. This is done by placing an additional in-play bet.
The calculator has been very popular with our members, who have collectively made tens of thousands of dollars profit using this method (one member made $7.5k in a single day!).
However, we had some requests to make it even better by allowing for multiple additional back bets to be placed, rather than just one. So, we duly delivered. Here is what it looks like now…
Get Involved
If you want to maximise your matched betting returns, early payout offers need to be part of your arsenal. Version 2.0 of the Bonusbank early payout calculator makes it easy for anyone to lock-in a profit.
To start using the new calc and making money from early payouts, sign up to Bonusbank today!
One Year of Beating the Bookies!
In April 2017, we invited a few select people to start beta testing bonusbank. These beta testers already had some matched betting experience, but they were excited to try out the first matched betting software to focus solely on Australian bookmakers. The feedback that we received was overwhelmingly positive.
When we started the beta phase the site was pretty basic. We had our matched betting tutorials, an early version of the ATM software, a basic calculator, and not much else.
Since then the site has grown hugely. We now have seven different matched betting calculators, the ATM has expanded to include 16 different bookies, and we’ve added features like the pop-up calculator
and liquidity column, and we have Australia’s only dutching software. However, one of the first things we added was the ‘Today’s Plays‘ section.
The ‘Plays’ are where we advise members on the best way to approach all of the available bookmaker promotions on any given day. We show how to take these promos and use them to flip the odds in your favour.
Some people have (understandable) doubts about matched betting when they first hear about it. It sounds too good to be true, so they assume it is a scam. The best way to prove otherwise is through hard evidence. If we could actually use bookie promos to flip the odds in our favour we would have seen consistent profits over the medium- to long-term, right?
Well, exactly one year since we posted our first plays, the evidence is in…
Not only have we made a profit every month since we started, we have made a profit every week! That seems pretty consistent to me.
In total, the plays have made a profit of $10,919.08 in the last year. That is an average of $909.92 every month, or $29.91 profit every single day!
If you want to see a breakdown of how we did in each month you can find it here.
One thing worth noting is that we started out pretty slowly. If you exclude the beta phase from the results, and only look at the data starting from our full launch in June, the average increases to a whopping $1049 every month.
In addition to the profits made on the plays, more experienced bonusbank members also take advantage of horse racing promos. These promos can easily return an extra $1000+ per month, and the bonusbank chatroom is packed every Saturday with matched bettors topping up their bank accounts.
If you would like to join them, just click on the button below to become a member of Australia’s best matched betting site!
The First Australia-Specific Sports Arbitrage Dutching Software
Sports arbitrage is becoming more popular all over the world, and it isn’t really a surprise. I mean, who wouldn’t want to make risk-free profits?
In case you aren’t already familiar with arbitrage, here is a quick explanation:
Arbitrage opportunities arise when a two markets price the same item differently. For example, if i can buy gold on Market A for $100 and sell it, at the exact same time, on Market B for $101, this is an arbitrage opportunity. I can make 1% profit instantly.
Sports arbitrage works in exactly the same way, but it involves buying and selling bets instead of shares or commodities.
Arbitrage Via A Betting Exchange
If the idea of buying and selling bets seems strange to you, it is probably because you aren’t familiar with betting exchanges.
Betting exchanges, such as Betfair, allow you sell bets to other people. This is known as ‘laying a bet’, and it is what bookmakers do every day.
If you can buy a bet from a traditional bookmaker at high odds, and then sell it on a betting exchange at lower odds, this is an arbitrage opportunity.
It isn’t easy to find these opportunities on your own but, fortunately, the bonusbank ATM can do it for you:
In this case, you could back Crystal Palace at a bookmaker at odds of 2.00 and then lay them on Betfair at odds of 1.90. By doing this you could guarantee $2.70 profit for every $100 bet.
Arbitrage by Dutching
Dutching is a matched betting technique that removes the need for a betting exchange. Instead, we use multiple bookmakers to cover all possible outcomes.
When it comes to sports arbitrage, dutching has a lot of advantages over using a betting exchange. For a start, betting exchanges charge commission on every winning bet. This can seriously reduce already thin profit margins. Also, if you want to sell a bet on a betting exchange there has to be someone willing to buy it. Most arbitrage opportunities exist in less popular markets where it might be difficult to get any takers on Betfair.
The only downside to dutching is that, with so many bookies to compare, it is a lot more time-consuming.
Or, at least it was…
Dutching Software
Bonusbank recently launched the only dutching software to exclusively feature Australian bookmakers. It compares odds from 16 different bookies to find the best sports arbitrage opportunities.
The software can identify arbs in 2-way markets – such as Basketball, Tennis, AFL, & NRL – and also in 3-way markets – such as soccer.
It can also be used for non-arbitrage dutching. This is useful when you have to complete a wagering requirement after a winning bonus bet.
To see how much you should bet in order to guarantee your profit, you just click the calculator icon on the right.
Arbitrage betting is just one of the ways that bonusbank members can profit from Australian bookmakers. They can also make thousands of dollars from signup bonuses and existing customer promos.
If you would like to learn more, sign up for a free account today.
How To Make An Extra $10k Per Year
Over the past few years, more and more people have been trying to make some extra cash on top of their main income. Some people do this via a traditional part-time job, others do it via the new ‘gig economy’, and others do it online.
There are plenty of ways to make money online:
- Start a blog and, once you have a large enough audience, sell advertising space or promote certain products.
- Become an affiliate marketer* and earn a commission on every product bought via one of your affiliate links
- Learn about drop-shipping and start selling products without ever needing a physical store or warehouse.
There is no shortage of possibilities…but only if you are willing to put in the time and effort.
You need to build your audience, or grow your email list, or market your products. Even then, there are no guarantees of success.
Matched Betting
If you are looking for an option that requires less effort and provides consistent profits, you might want to consider matched betting. In particular, you might want to consider following the daily plays that we provide to premium bonusbank members.
Each day, we search for the best bookmaker promotions in Australia. We then use our years of matched betting experience to combine them in a way that provides the best risk-return ratio. Our members then spend just a few minutes each day placing our suggested bets and sit back to watch the profits roll in.
These bets are not 100% risk-free (you can make risk-free profits from bookmaker sign-up offers though), but the odds are heavily tilted in our favour due to the bookie promos.
In fact, the odds are so much in our favour that in over 11 months we have never had a losing week. What’s more, we have just passed the $10,000 total profit mark!
The Best Time To Join
We always knew that our members would make great profits from following our daily plays. We’ve been placing these bets ourselves for years, so we know they work. What we didn’t expect was to hit the $10k mark in less than a year!
Our current profit equates to $30 per day, every day since April 21st 2017! However, that figure has been boosted by some amazing recent returns. The new AFL & NRL seasons have brought an abundance of promos, and bonusbank members have been cleaning up as a result. In March alone we have seen profits of almost $1700!
These ‘new season’ promos are only going to continue for the next couple of weeks. There will still be some promos after that, and we will continue to profit from them, but not on the same scale.
If you want to start making consistent profits with minimal effort, now is the time to start. Click on the button below to join hundreds of others profiting from matched betting in Australia.
*If you are interested in becoming a bonusbank affiliate just get in touch.
Peak Season For Matched Betting in Australia
Sports is a year-round activity, and that means matched betting is as well. When one sport finishes for the year, another one starts, and the bookmaker promos keep flowing.
However, not all periods are equal. The sports that attract the most interest are also the ones that provide the best opportunities for matched betting.
As a result profits can dip a little during quieter months, like February and November, but they come back with a bang during the busier periods like…right now!
The six week period covering the first two weeks of the NRL season and then the first 4 weeks of the AFL season are arguably the highlight of the matched betting calendar. The only other time that even comes close is the horse racing Spring carnival.
During this period bookies are trying to win new customers who they hope will bet with them for the whole season. To do this they offer extremely generous promos with refunds and bonus bets that are perfect for matched betting.
There are so many of these offers that it can actually be a bit overwhelming. The ‘Today’s Plays’ section at Bonusbank makes it easy to profit though. Every day we post suggested bets for members to place in order to maximise their profits.
Even on the busiest of days, the plays only take about 20 minutes to place. The returns for that short amount of work? Well, since the NRL season started on March 8th we have seen a profit of $732.54. That works out at $56.30 per day!
With the AFL starting tomorrow the number of available promos is going to double, and we will be suggesting plays for every game.
If you would like to get discounted Premium access during this most profitable time of the year, sign up using the code AFL and you will get your first month membership for just $10! You need to hurry though, the code expires after round 1 is completed on Sunday night.
Free Cash!
The bookies are feeling generous this weekend, and we thought we’d share some of that generosity on our blog.
By following the simple steps below you will make a guaranteed profit of almost $12 in just a few minutes:
- Step 1 – Go to topbetta.com.au and, if necessary, open an account and deposit $100
- Step 2 – Use that $100 to bet on Tottenham to beat Arsenal at odds of $2.25 (you will find this in the ‘promotions’ section)
- Step 3 – Go to Pinnacle and, if necessary, open an account and deposit $115
- Step 4 – In the ‘Handicap’ market, bet $113.07 on Arsenal +0.5
That’s it. You are now guaranteed to make $11.93, no matter what happens in the game.
Our dutching calculator gives a bit more detail:
Due to the enhanced odds on offer at TopBetta we are guaranteed a profit, no matter what.
If Tottenham win, we will gain $125 at TopBetta but lose $113.07 at Pinnacle = $11.93 profit
If it is a draw, or Arsenal win, we will lose $100 at TopBetta but gain $111.94 at Pinnacle = $11.94 profit
Premium bonusbank members will also be combining this promo with several others. They could potentially see a return of over $250 from this game.
If you would like to join them, use the code FEB10 to get a 10-day free trial of our premium service. Start making money online today!
Calculators: Taking The Math out of Mat(c)hed Betting
Matched betting is a great way to make a risk-free, tax-free income, but a lot of people are hesitant to do it. Some of them are reluctant because they think it sounds too good to be true, but for others it is the numbers that put them off.
Matched betting does sound too good to be true. It’s hard to believe that you can make thousands of dollars with only minimal time investment, so we can understand the suspicion. Fortunately for us, and our 150+ bonusbank members, matched betting delivers on all of its promises.
As for being good at maths; that used to be an important factor, but not any more. Matched betting calculators now do all of the hard work for you; and bonusbank has more calculators than any other matched betting site in Australia.
Let’s take a look at them…
Simple Back & Lay Calculator
This is the most basic matched betting calculator, and it was the only one we had when we started out 8 months ago.
It is straight-forward to use and tells new matched bettors exactly what they have to do to guarantee a profit.
This is the calc that will start turning bonus bets into cash for you.
Advanced Back & Lay Calculator
Taking things up a notch.
The advanced matched betting calculator allows users to work out how underlaying or overlaying would affect their returns. This is great for bookies with high wagering requirements, or when you have a personal opinion about the outcome of an event.
It can also help when you have to split your lay over different odds. This might be because of low liquidity or a shift in the odds as you place your bet. The advanced calculator works out any adjustments that you have to make.
Dutching Calculator
Dutching is a more advanced technique that involves playing two bookies against each other, rather than using Betfair.
We use this technique to great success in our daily plays, and the dutching calculator makes it easy to work out the optimum strategy.
Early Payout Calculator
This one is a game-changer.
Early payout offers have become increasingly popular with bookmakers over the last year or so. The huge returns they offer have made them even more popular with matched bettors.
This calculator makes it easy to lock-in your profit after the early payout has triggered.
You can even just lock-in a portion of the profit using the slider feature. That way you can hit a jackpot payout if the other team/player make a comeback.
Our advanced members can make hundreds of dollars profit from a single match using this calculator. There is also an upgrade on the way that is going to make it even better!
SNR Multi Calculator
If you want to preserve your bookmaker accounts, you need to blend in with the regular punters. Using your bonus bets on multis is one way that you can do that.
When done properly you can even walk away with higher returns than you would get from a regular SNR bet at long odds.
This calc makes it easy to work out exactly how much you should lay on each leg in order to receive your desired target return.
Expected Value Calculator
Understanding EV is crucial to a persons long-term success as a matched bettor.
If you continually place bets which have a positive expected value you are guaranteed to make a profit over the medium-term.
The formula to work out EV is pretty complicated though, so having a calculator that does all the work for you makes life a whole lot easier.
The Combined effect
All of these matched betting calculators make it easy for our members to profit from the sign-up bonuses and promotions offered by bookmakers in Australia.
With these tools, and the knowledge that you will find in our tutorials, forum, and chatroom, it is possible to make over $1000 per month with only a few hours of effort each week.
If you want to learn more, click on the button below and we will give you free access to everything you need to get started on your matched betting journey. Start making money online today!
Bonusbank Members Make Record Profits
For many people, January can be a financially difficult month. After the excesses of December, credit card balances can reach record highs. Sacrifices have to be made to get things back on track. February can’t come soon enough.
That hasn’t been the case for bonusbank members though. They’ve been making record profits all month, and probably wouldn’t mind if January went on forever.
They’ve made those profits by following our Today’s Plays section. This is where we post daily instructions on the best way to make a profit from bookmaker promotions. Don’t confuse this with regular gambling. By only betting on events that have a ‘money-back’ or ‘bonus bet’ offer we can guarantee ourselves a profit in the medium- to long-term.
Don’t believe us? Take a look at the graph below and see how consistent our returns have been:
Since April last year we have made a profit in every single month. January 2018 was our biggest ever!
With both the Big Bash League and the Australian Open taking place last month, we were spoiled with a huge number of bookie promos. As a result, we placed more bets than ever (156 to be precise).
The bookie promos turn the odds in our favour, so it makes sense that the more bets we place, the higher our profits should be. This was certainly true in January as we made a record-breaking $1544.88 profit.
Start Earning Today
It doesn’t take a lot of skill to start replicating these results. At bonusbank, we do the hard part for you. All you have to do is spend 5-10 minutes each day placing our suggested bets.
Members who are willing to commit a little bit more time, can also earn an additional $1000+ each month by taking advantage of the various horse racing promos that are around.
If you are still unsure, why not sign up for a free account? Our beginner tutorials will teach you how to make your first risk-free profits from bookmaker sign-up bonuses.
If 2018 continues like it has started, it’s going to be an amazing year to be a bonusbank member. Join now so you don’t miss out!
You can see the results of every bet we have ever placed here.
Uber v Bonusbank: Which is Best to Earn Extra Cash?
The gig economy is on the rise.
Recent census data has shown that 1 in every 3 Australian workers is now on a part-time or temporary contract. That is the 3rd highest rate of any developed county in the World, and it’s only getting higher.
People work in the gig economy for different reasons. For some it is the only work available, but others choose to ‘gig’ because they enjoy the flexibility of it. It allows them to earn an income while also concentrating on other things, such as studying, raising children, or artistic pursuits.
The most well-known job in the gig economy is driving for Uber. The alternative taxi service that burst onto the Australian scene in late 2012 and has continued to grow ever since.
Research has shown that nearly 3.7 million Australians travelled by Uber in the last 3 months of 2017, so there is no shortage of demand for drivers. However, that doesn’t necessarily mean that it is the best option for someone looking to make some extra cash.
Bonusbank
Bonusbank.com.au is very similar to Uber in the sense that it offers Australians a way to make extra cash on their own time. It does this by using a risk-free technique known as matched betting. This is a process that uses mathematics to guarantee a profit from the sign-up bonuses and promotions that are offered by online bookmakers.
The matched betting process is easy to follow due to the tutorials and tools provided by bonusbank.com.au. It involves betting on all possible outcomes so that you have no chance of losing. You can then withdraw the bonus cash to your bank account. If you would like to read more about it you can check out the newspaper articles here, here, and here.
Other Comparisons
Bonusbank is also similar to Uber in that:
- They both allow flexibility to work when you want.
- You are your own boss!
- Both offer the opportunity to engage with new people. The Bonusbank chatroom and forums allow members to engage with fellow matched bettors.
However, Bonusbank members have a lot more to celebrate than Uber drivers. And here’s why:
- You don’t need a car. In order to start making money with Bonusbank, all you need is a computer (laptop, tablet, or mobile), internet access and a bonusbank account.
- Insurance isn’t required. All you need is a starting bank of approximately $500. Don’t worry though, unlike insurance, you get to keep the $500.
- You don’t need a licence. We give you all the tools and information you require. Our oddsmatcher software, calculators and tutorials will take you from beginner to expert in no time.
- You don’t have to put up with other people, specifically drunken passengers. The chatroom is full of helpful members, however you don’t have to take part if you don’t want to. Its nice to be involved in a community were everyone is celebrating the same successes, which is making money online.
- You can make more money in less time. According to this article, some Uber drivers are making as little as $11/hr. Check out this blog post, which shows how our members can make $200 from one hour of work.
- It’s Tax free income. Yep, you read that correctly. Tax. Free. Income.
- More opportunities. Anyone has the opportunity to work with Bonusbank through our Affiliate Program. By successfully promoting the website/service, you can share in the Bonusbank success and be rewarded for your efforts!
- You can work from home. Or the beach, park, cafe, you name it!
- It’s no risk. There’s no chance of being involved in an accident and there’s certainly no chance of losing any money! It’s risk free.
Why not both?
As you can see, earning money online with bonusbank has lots of advantages over driving for Uber. However, the beauty of the gig economy is that you don’t have to choose one over the other.
If you are currently driving for Uber you can still make money with bonusbank in your spare time. You could even use our app to read the beginner tutorials while waiting on passengers.
Sign up today and start driving your earnings to the next level!
What is Matched Betting?
Matched betting (sometimes referred to as bonus bagging or promo arbitrage) is a simple mathematical process that makes it possible to profit from bookmaker promotions with no risk.
For some people this can seem to good to be true, and they are reluctant to give it a chance.
However, anyone who is willing to commit a little time and effort will quickly realise that it is an amazing way to make money online.
In fact, it is probably the most profitable side hustle in Australia.
How Does Matched Betting Work?
99% of gamblers lose money, so bookies love it when they attract a new customer. It usually means more profit for them.
To try and attract more customers, bookies offer bonuses and promotions. These bonuses allow us to make money through matched betting.
After placing a bet using the bonus cash, we use Betfair Australia (a betting exchange) to place a bet on the opposing outcome.
The stake that we use at Betfair is determined by a matched betting calculator. The calculator works out the perfect stake amount to guarantee a profit no matter what happens.
When the match (or race/fight/event) is over there will be one of two possible outcomes:
- We will have lost our bonus bet at the bookie (which didn’t cost us anything anyway) and made a profit at Betfair
- We will have made a profit at the bookie and a loss at Betfair. The loss will be smaller than the profit due to the stake that we worked out with the matched betting calculator. This will give us an overall profit.
Is Matched Betting Really That Easy?
For the sake of the example we have simplified things a little bit, but basic matched betting isn’t hard.
However, if you are looking to make serious money online you will want to learn some intermediate and advanced techniques.
To help with that, Bonusbank has nearly 30 matched betting tutorials (you can access the beginner ones for free here), and a range of matched betting calculators and tools.
In our chatroom you will also find Australia’s biggest community of matched bettors, who are always happy to help newcomers get started on their matched betting journey.
Start your new side hustle by opening a free Bonusbank account today.
Bitcoin v Bonusbank: Which is the better investment?
Cryptocurrencies are the hottest topic in the world right now. Everyone wants to be part of the new Gold Rush. Companies that didn’t exist a couple of months ago are suddenly worth billions of dollars, and the biggest exchanges can’t cope with the volume of new customers.
It isn’t really a surprise that people want to get involved.
There are plenty of stories of Bitcoin millionaires who got in early and have seen returns of 1,000,000%+. That kind of money would be tempting to anyone. However, unless you get extremely lucky with a long-term investment in one of the 1000+ alt-coins available, it’s not something that can be replicated.
Instead, what most new crypto investors are looking for is a quick buck. They are hoping that the market will provide the kind of returns that it did at the end of 2017, when Bitcoin rose by about 500% in 3 months and many alt-coins rose by much more.
Unfortunately for them, past performance is no guarantee of future success. From it’s peak at nearly AU$27,000, Bitcoin has dropped 50% to AU$13,000. Many of the alts that rose so quickly have also came back down to Earth with a bang.
That’s not to say that they won’t rise again. Cryptocurrencies appear to be here to stay, but who really knows what will happen to the price of them? Some newer investors have definitely learned that it’s not as easy as buying some coins and waiting for the profits to roll in.
So, what is the alternative?
The chart below shows the returns that you could have made from a hypothetical Bitcoin investment of $1000 on January 1st 2018 versus the returns from following the Bonusbank daily plays. These plays are ‘value bets’ where we take advantage of bookmaker promotions to turn the odds in our favour. This doesn’t guarantee a profit from every single bet but, since our launch in April 2017, we have yet to have a losing week.
As you can see, it has been a great start to the year for Bonusbank. After only 22 days the plays are showing a profit of $1283.91, more than a 100% return on a $1000 investment.
Perhaps more importantly, the Bonusbank returns are consistent. There hasn’t been a single losing day.
Bitcoin, on the other hand, has had a turbulent January. The first week would have seemed great to a new investor, with a 25% increase, but it has been pretty much all downhill from there. That initial investment of $1000 would now only be worth $735 and, considering how sharply the markets fell, there is a good chance that any new investor would have cut their losses and ran.
That’s not to say that Bitcoin won’t shoot back up again and far surpass the returns that Bonusbank offers. There is a good chance that it will…although it might drop another 50% first. We really are in uncharted territory with cryptocurrencies, so no-one knows for sure.
What we do know is that matched betting can provide a reliable, steady stream of long-term profits. You can choose to take those profits and invest them in crypto (some of our members already do), or you use them to pay off debt, book a holiday, or put down a deposit on a house. It’s entirely up to you.
Whatever you choose to do with the profits though, with matched betting your initial investment is always safe.
Anyone who has been tracking the markets for the last couple of weeks will tell you that that is definitely not the case with crypto.
Today’s Plays Profit Stats For 2017
In addition to our tutorials, software, and calculators, one of the biggest benefits of bonusbank membership is our Today’s Plays section.
Every day we scour the web looking for the best bookmaker promotions. We then use our years of matched betting experience to work out the best way to play these promotions against each other for maximum profit.
Our members then just have to spend 5 minutes following our suggested bets before sitting back and watching the profits roll in.
So how much can they actually make?
Well the numbers for 2017 are in and they are pretty impressive. Let’s break it down:
Total profit for 2017 – $6530.61
Considering that we only started posting the plays on April 21st, this is not bad at all. It is the equivalent of $784 profit every month, or $26.65 profit every day! Not bad for a $39 per month subscription.
Not every month was even though, so let’s look at where the big profits were made:
April/May – $429.05
June – $722.30
July – $929.09
August – $940.72
September – $635.37
October – $1435.57
November – $602.37
December – $836.14
We started off a little slowly but once we got into the swing of things the profits really started rolling in. The biggest surprise though is in October. We expected things to quieten down a little after the AFL & NRL Grand Finals, but the start of the NBA season brought some amazing offers and our members took full advantage.
So can these results continue into 2018?
You better believe it! We’re only 12 days into the New Year and, thanks to some great Big Bash promos, we are already showing a profit of $709.22. This is in addition to the profits that members can make from bookmaker signup bonuses when first starting out.
The only thing that might slow us down is the nanny state. New government regulation is due to come into place in June or July of this year which will directly affect the bonus bets that bookies can offer. Hopefully these changes won’t affect us too much, but there are no guarantees. The opportunity to make consistent profit from bookie bonuses might not be around much longer, so sign up now before it’s too late.
You can see the results from every bet we placed in 2017 here.
How To Make a Profit From Horse Racing in 8 Simple Steps
There’s no such thing as a sure-thing in horse racing…but there is a way to guarantee a profit over the long-term. By taking advantage of bookmaker refund promos you can turn the odds in your favour. This post will show you how.
The promos we are referring to are the ones where the bookie will offer you a bonus bet or cash refund if your horse finishes 2nd or 3rd. You can find them on the major races every Saturday, and often during the week as well.
Please note that these offers are recommended for experienced matched bettors as the odds tend to move quite quickly. If you’re new to matched betting, we recommend starting with the sign up offers as detailed in our free tutorials.
To take advantage of these offers, it’s essential to have a Betfair account. Betfair is an exchange for backing and laying certain outcomes. (Please see our “What is a Betting Exchange” tutorial here).
Also, you will need to sign up to a number of bookies. The best ones for these type of offers are; CrownBet and Sportsbet.
The simplest way to take advantage of these offers is to just back a horse. If the horse finishes first, you win. If the horse finishes 2nd or 3rd, then you receive a bonus bet matching your stake. Usually this is capped at $50. The problem with this method though is that there is a lot of variance. You could easily go on a long losing run, and it isn’t good for the nerves.
Our recommendation at bonusbank is to back and lay the horse. This approach leads to steadier long-term gains and removes the negative emotions from losing your stake.
In order to make the most money from these offers you want to ensure that you keep qualifying losses to a minimum. Usually, this would be by backing and laying the 1st, 2nd or 3rd favourite. An acceptable loss would be between $1 – $6. If the horse finishes 2nd or 3rd, you can use our one-of-a-kind ATM software to turnover the bonus bet. Usually, this would be at a retention of 75%, however the ATM can have upwards of 80%.
So what are the steps?
- Go to www.bonusbank.com.au/promos. This is where we post every single horse racing promotion that is currently taking place in Australia.
- On your laptop or mobile device, ensure that you have access to both Betfair and the bookie which is running the promo e.g. Crownbet.
- Look for a horse with similar back odds (bookie) and lay odds (Betfair). Best time is usually in the last 5 mins before a race begins.
- Back the horse at the bookie with the maximum stake allowed (usually $50), Use the simple calculator to determine how much you should lay at Betfair. Also take into account the commission required for that race. Typically 5%, 6% or 10%.
- Place the bet at the bookie and the lay at Betfair.
- Watch the race and if the horse finishes 2nd or 3rd, you will get the $50 bonus or cash back refund.
- Use the ATM to convert the bonus bet into cash.
- Withdraw the cash into your bank account and then treat yourself to something nice 🙂
The Perfect Side-Hustle For Stay-At-Home Mums In Australia
Most people would say that they need a little bit more disposable income. Everyone has something that they’d like to do if they had some extra cash – take a holiday, re-decorate, finally pay off that credit card.
However, there is one group of people who probably need that extra money more than anyone else – new parents.
Kids are expensive, and babies are the most expensive of all. Cots, prams, car seats, baby carriers, baby monitors, breast pumps, changing tables, toys. Then there are the clothes that fit one week but are too small the next. And let’s not even get started on the nappies!
Every week there is more and more money going out.
Wouldn’t it be nice if there was some money coming in as well?
Mums in the U.K.
These extra expenses aren’t exclusive to Australia, babies are expensive all around the world. However, in the U.K., mums (and dads) have found a way to help ease the burden. It’s called Matched Betting and it is a risk-free way to make money online.
Matched Betting is not gambling. It doesn’t require any sports knowledge or luck. Instead, Matched Bettors make money by using maths to guarantee a profit from bookmaker sign-up bonuses and promotions. By betting on all possible outcomes there is no way you can lose.
Matched Betting has become easier in recent years. More and more online calculators and tools have become available, making it easy for anyone to make money from the comfort of their own home. It’s no surprise that you can now find threads about matched betting on nearly every popular parenting website. Here are some quotes from the Matched Betting thread on Mumsnet, the biggest parenting site in the U.K.:
Matched Betting has even helped some mums so much that they want to tell the world about it. Just type ‘Matched Betting Mum’ into Google and you will find several blogs written by stay-at-home-mums who have supplemented their incomes this way.
Matched Betting in Australia
You might be thinking “That’s great for those mums overseas, but how does it help me in Australia?“.
Well, the good news is that matched betting in Australia is even more profitable than in the U.K.. Aussies love a punt, so the bookmaker market is very competitive. They are constantly offering bonuses and promotions to try to win new customers or hang on to their old ones. As Matched Bettors we can turn these bonuses into hard cash.
The only problem with Matched Betting in Australia – until now – has been a lack of tools and information. All of the online guides have been focused on the U.K.. Australia has different bookmakers and different types of bonus bets, so these guides only have limited use.
That’s why we have created bonusbank, the first Matched Betting website with tutorials and software dedicated to the Australian market.
Bonusbank makes it easy for anyone to make a tax-free income while working from home.
Our Matched Betting tutorials start at the very beginning and walk you through each step of the process. Our ATM oddsmatcher software then tells you what to bet on, and our calculator tells you exactly how much you should bet. It’s that easy!
Feedback from our members suggests that the vast majority make at least $1000 within their first 60 days of matched betting. Some of them make $5000+!
Over the longer-term it is possible to make tens of thousands of dollars from this side-hustle. Just check out some of our member testimonials here.
Find Out More
If you want to learn more you can sign up for a free bonusbank account or download our matched betting app. Both of these will give you access to beginner matched betting tutorials, and the tools needed to bank your first bonus.
There is absolutely no obligation with the Free account. We don’t ask for any payment details and you can walk away at anytime if you decide it’s not for you. There’s nothing to lose.
If you’re still not convinced you can check out our FAQs section or post your questions in the comments below. We’ll be happy to answer and help you start the best side-hustle for stay-at-home-mums in Australia!
The Profits Keep On Coming!
I’ve got to be honest, i was a little worried at the end of September. The AFL and NRL seasons, which had provided most of our profit since we launched in June, were coming to a close. I was worried that the returns from our daily plays would drop and new members would be disappointed.
It turns out that i was worrying about nothing.
Rather than seeing a drop in profits, October is on course to be our best month so far. With 4 days left, we just need another $50 to top our previous record of $936 from July.
In large part, this great month has been down to some fantastic NBA offers, but we have also done well from NFL and the return of A-League soccer.
Our more advanced members have also been cleaning up on the horse racing promos. We are now in the busiest time of the year for racing, and the offers are everywhere. At least three of our members have made $1000+ in an individual day this month!
Here is how the graph is looking now:
We smashed through the $4000 mark only a week ago and are already approaching $5000.
If you want to get in on the action, sign up to our free account and start learning the basics. There’s no need enter any payment details, just sign up and read through the tutorials. If you have any questions you can post them in our Free Members Forum.
Once you have mastered the basics you can upgrade to a Premium membership and watch your profit chart start to climb like the one above. What are you waiting for?
*You can see a full record of our results here.
How New Gambling Laws Will Affect Matched Betting In Australia
Last week it was announced that gambling ministers had reached an agreement which will, among other things, prohibit bookmakers from using sign-up bonuses to attract new customers. The goal of this agreement is to reduce the growing number of problem gamblers in Australia, but it will also have a direct effect on Matched Betting. The question is…how much?
The Agreement
This agreement has been a long time coming, and isn’t much of a surprise to anyone.
Australians gamble more per capita than any other nation on Earth, and for an increasing number it is becoming a problem. A recent report showed that nearly 200,000 Australians are problem gamblers, with many more at risk. So, it was inevitable that the government would step-in to do something.
Consultations have been ongoing for over a year now, and the government has met with a range of stakeholders. The most notable stakeholder is, of course, the gambling industry. The industry group Responsible Wagering Australia have been working closely with the government to design the new regulations.
In addition to the ban on sign-up ‘inducements’, the agreement will also lead to a national self-exclusion register and a ban on credit betting. The measures will be phased in throughout 2018, with the removal of sign-up bonuses expected for June.
Effect on Matched Betting
Matched betting, in it’s simplest form, is a process of extracting risk-free profit from bookmaker sign-up bonuses. Without the bonuses this will cease to be possible. Matched bettors will be deprived of the more than $5000 of bonuses that are available at the moment.
However, matched betting also goes beyond the sign-up bonus. Most of our members at Bonusbank will exhaust the sign-up offers after a couple of months, but existing customer promos will keep them earning for much longer. The agreement makes no mention of these types of offers.
Given how profitable the Australian gambling sector is, it is highly unlikely that bookies will simply stop competing for customers. It is therefore possible that we will see an increase in the number of offers available to existing customers.
In the short-term we may also see more generous sign-up bonuses. Bookies will try to get as many new sign-ups as possible before the June deadline.
The Winners
The goal of this new regulation is to reduce problem gambling, and i believe that the new self-exclusion register and the ban on credit betting will have positive results. Removing sign-up bonuses will probably also help reduce the number of problem gamblers, but the real winners from this decision are the bookies.
By working closely with the government, RWA has managed to negotiate a deal that makes the gambling industry look socially responsible. At the same time, they have also saved themselves huge amounts of money.
No bookie would ever have unilaterally removed their sign-up bonus. It would have put them at a competitive disadvantage. However, with all sign-up bonuses removed, the playing field remains level while the marketing spend is severely reduced. This is win-win for the bookies, but a major loss for responsible gamblers.
As for the future of matched betting in Australia, the removal of sign-up bonuses will be a huge negative but it will not kill matched betting completely. As long as bookies have promotions there will be ways to extract value from them.
And, in the short-term, we could be in for a matched betting bonanza. Over the next nine months bookies will go into overdrive trying to win new customers. There has probably never been a better time to start matched betting in Australia.