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.

Basketball shot

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

Confused by matched bettingMatched 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 matched betting calculator Australia
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:

Record matched betting profits

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.

Uber Ride Share

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.

Australian Dollars

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:
 

  1. We will have lost our bonus bet at the bookie (which didn’t cost us anything anyway) and made a profit at Betfair
  2. 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.

Matched betting calculators and tutorials

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.

Is Bitcoin a better investment than Matched Betting?

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.

Matched Betting profit v Cryptocurrency in January 2018

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:

Graph showing matched betting profits

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%. 

Horse Racing

So what are the steps? 

  1. Go to www.bonusbank.com.au/promos. This is where we post every single horse racing promotion that is currently taking place in Australia. 
  2. 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. 
  3. 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.
  4. 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%.
  5. Place the bet at the bookie and the lay at Betfair.
  6. Watch the race and if the horse finishes 2nd or 3rd, you will get the $50 bonus or cash back refund.
  7. Use the ATM to convert the bonus bet into cash.
  8. 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?

Side hustle for mums
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.:

Mum Who Has Earned Money Matched Betting
Mumsnet Matched Betting forum
Mum Who Has Earned Money Matched Betting
Mum Who Has Earned Money Matched Betting

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.

Google search for matched betting mum
Google search for matched betting mum
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.

 

Matched betting software for Australia

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.

Bonus Banking For Dummies

Bonus banking, otherwise known as Matched betting, is a great way to make money. It can return huge profits with no risk, and very little effort required. We really think that everyone should be doing it.

However, most people in Australia have never heard of matched betting, and when they do it can seem a little intimidating. A lot of people also feel like it sounds too good to be true. They assume it is a scam.

In this article i hope to show you that neither of those things is true. Matched betting is as good as it sounds and, with a little help from bonusbank, it’s easy for anyone to do.

 
What is matched betting?

Let’s start with what matched betting is not: Matched betting is not gambling.

Best Side Hustle

At no point do matched bettors try to predict the outcome of an event. In fact, you can do it even if you know nothing about sports. Also, at no point are matched bettors at risk of losing money. When we matched bet we are guaranteed to make a profit no matter who wins and who loses.

That’s the bit that sounds too good to be true, so let me explain how it works…

Bookmaker Bonuses

Bookies are always trying to get people to gamble with them, so they offer sign-up bonuses to new customers. These bonuses give the new customers extra money to bet with, usually double or treble their initial deposit amount.

It would be great if you could just withdraw this money back to your bank account, you would double or treble your money straight away. Unfortunately it’s not quite that easy. The bookies require you to place some bets before you can withdraw.

If you just place these bets like a regular gambler, you might win or you might lose. But if you place them like a matched bettor, you will be guaranteed a profit every time.

How to guarantee a profit

After placing a bet with a bookmaker, matched bettors use a betting exchange to bet on the opposite outcome.

A betting exchange is like a marketplace where you can buy and sell bets. So you buy your bet from the bookmaker and then you sell it to someone else on the exchange. By doing this you remove all of the risk.

You won’t win any money on this bet, but you won’t lose any money either. However, you will now be able to withdraw the bonus that the bookie gave you.

Is it really that easy?

Pretty much…but there are a few other variables to consider:

  • Bookmakers and betting exchanges don’t always have the same odds
  • Each bookie bonus has different terms and conditions that have to be navigated
  • Betting exchanges charge commission on the bets that you place there

All of these things make matched betting a little more complicated, but that is why bonusbank  is here to help.

We have a range of tutorials that cover everything – from the most basic concepts up to the advanced strategies that will keep you making money week after week.

We also have calculators that tell you exactly how much to bet in order to maximise your profits, and we have matched betting software that identifies the best opportunities each day.

It’s really easy to get started, just sign up for a free account and start working your way through the tutorials. They only take a few minutes each and will get you ready to place your first matched bet. We also have a forum where you can get help and advice if you need it.

If you’re looking for a great way to make money online, with no risk, sign up to bonusbank and start matched betting today.

Today’s Plays Break The $3000 Mark!

I’ve written before about our Today’s Play section, and how our members make hundreds of dollars every month with very little effort required. In fact, i wrote about it as recently as last week due to the amazing returns we’ve had recently. So, i’m not going to repeat myself here.

However, we did cross over the $3000 total profit mark this weekend, so i feel like i, at least, have to post the graph:

The profits don’t show any signs of slowing down soon. So, if you’d like to start making money from bookmaker sign-up offers and promos, join Australia’s best matched betting website today.

Beating The Bookies, Week After Week

At bonusbank, our goal is to make it as easy as possible for our members profit from bookmaker bonuses and promotions. One of the ways we do that is through our Today’s Plays section.

Four or five times each week we will post up suggestions on how to take advantage of any promos available that day. It takes our members about 5-10 minutes each day to follow these suggestions, and they make a consistent profit as a result.

How much profit?

We’ll let the numbers speak for themselves:

  • In the last week we have made $310.74
  • In the last month we have made $1179.69
  • Since we started on April 21st we have made $$2763.55

Not bad for a subscription of $39 per month, right?

If you want to make risk-free profits by matched betting in Australia, click the button below to sign-up today!

*You can see a full record of our results here.

Matched Betting Australia v Matched Betting UK

Matched betting is huge in the UK. It went mainstream a few years ago and now everybody and their Granny is making risk-free cash from bookmakers.

So it isn’t a big surprise that we are regularly contacted by British backpackers and expats who want to start Matched Betting in Australia.

Everyone wants to know if the same rules apply, and what differences they need to be aware of. So let’s talk about that now:

Matched Betting: Australia v UK
Larger Profits Matched Betting in Australia

Matched betting in Australia is way more profitable than in the UK. There are a couple of reasons for this:

The first is that Australians gamble more per capita than any other country on the planet, so bookies are at war to win every new customer. They do that by offering generous signup bonuses and promotions. Some bookies will even offer $1000 bonuses to new customers!

The second reason is that matched betting is still quite underground in Australia. With less matched bettors, the bookies are less worried about their generous bonuses being abused.

In the UK the opposite is true. You’re now lucky to get a £50 signup bonus. It’s also likely to be from a bookie that no-one has ever heard of, and that has a head-office on a Caribbean island. Not exactly confidence-inspiring.

Different laws in each state

Gambling in Australia is regulated at both State and Commonwealth level, so the laws differ depending on where you are.  This is bad news if you live in South Australia where laws regarding bonus bets make matched betting difficult.

In all other states it is possible to make risk-free profits, but the amounts may differ depending on where you are. Our tutorial ‘Matched Betting: State by State‘ goes into this in more detail and is available with a Free bonusbank account.

Gambling laws in the UK are more lenient than in Australia, and there are no restrictions on bonus bets. The laws are also universal across Scotland, England & Wales.

Account Verification

Money laundering regulations mean that you have to verify your identity whenever you open a bookmaker account. That is the same whether you are in the UK or Australia.

However, if you are a UK backpacker, or an expat who has recently moved to Australia, you will have to jump through a few more hoops than the average Australian citizen. We cover this in more detail in our ‘Account Verification‘ tutorial.

Matched Betting Software & Tools 

With so many people matched betting in the UK, it is no surprise that there are a lot of websites and tools available to make things easier. Australia has lagged behind in this area, but it is catching up fast since the launch of bonusbank

We launched the first Australian matched betting software a few months ago. Since then we have been continuously improving it and adding new features, like our advanced calculator. There are also loads more features on the way.

If you’d like to get started beating the Australian bookies, sign up to a free bonusbank account today!

Latest Feature: Advanced Matched Betting Calculator!

The new features keep coming thick and fast at bonusbank. Hot on the heels of last weeks updates, we have now added a calculator with features designed for advanced matched betting.

Advanced Features

The first difference between the advanced calculator and our original calc is that it allows you to split your lay bet across different lay odds. This is especially useful at times when Betfair liquidity is lower than your desired stake.

Advanced Matched Betting Calculator

In the image above, the user has entered a stake of $44 at odds of 2.76 in the ‘Part lays already in place’ section. This could have been because there was only $44 available to lay. They now want to work out how much they should lay at 2.78 to complete their bet. The advanced calculator works this out exactly and displays it below.

Advanced Matched Betting Calculator

Unlike our simple calc, the advanced matched betting calculator offers three suggested lay amount. The first is the standard lay that you would see on the simple version. This is the lay amount needed to guarantee the exact same profit or loss no matter the outcome of the event.

The new ‘Under Lay’ & ‘Over Lay’ sections show how much you should lay in order to receive $0 profit or loss on each outcome. This is know as a full underlay or full overlay. You may choose to use this if you have a strong feeling about what the result of an event may be. You may also use it if you are working through a wagering requirement and prefer having bets win at Betfair.

Customisation

If a full under- or over-lay feels a bit too extreme, you may want to try a partial option instead. For that you can use the bottom section of the calculator.

Advanced Matched Betting Calculator

By using the slider you can completely customise your lay amount. It allows you to see what your returns would be if you adjusted your lay by up to 20% in either direction. This is the maximum we would suggest adjusting your bets by. Any more than this and variance starts to play a big factor.

Keeps Getting Better

The advanced matched betting calculator is a great addition to our existing tools here at bonusbank. It gives our members more options when making risk-free profits from Australian bookmakers. We are happy to have it as our newest feature, but it won’t be the newest for long…

There are lots more features to come from the leading matched betting community in Australia. Sign up today to get involved!

Matched Betting in Australia Just Got Even Easier!

Matched betting has never reached mainstream popularity in Australia like it has in the UK.

In some ways that is a good thing. Australian bookmakers offer bonuses that are way more generous than their British counterparts. If everyone started matched betting that might change.

However, there are negatives too. Matched bettors in the UK have a range of tools and resources available to them. Australian matched bettors have largely been neglected in this area…until recently.

Enter Bonusbank

A couple of months ago we launched bonusbank and unveiled the ATM, Australia’s first and best matched betting software. Since then we have had several messages from happy matched bettors. Some of them had been waiting years for a product like ours to come to Australia.

That feedback is great but it hasn’t made us complacent. There is still a lot of work to be done to catch up on the British matched betting sites, but we are getting closer all the time.

This week we launched our latest update and added two much requested features; a liquidity column and an integrated calculator.

The liquidity column shows how much is available to lay at Betfair. This is a great time-saver. No longer will our users think they have a great match or arb only to discover there is no money to lay.

Matched betting software with liquidity column

Our new integrated calculator is another feature which saves time and makes matched betting easier. Users can just click on a match and the calculator will pop up. The odds for the selected match will already be in the calculator. All the user has to do is enter their stake.

Integrated matched betting calculator

These new features are just the tip of the iceberg. Over the coming months we will be continuing improvements on the ATM and adding more, advanced features across the website.

Matched betting in Australia just got a whole lot easier!

Matched Betting Profits Higher Than Expected

At the beginning of June we published a blog piece called “How You Could Make $400 A Month With Just 5 Minutes Work“. The piece talked about our ‘Today’s Plays’ section and how matched betting doesn’t end once you have completed all of the sign up bonuses.

Every day bookies in Australia offer promotions to their customers. These promotions can be exploited for matched betting purposes. Here at bonusbank we identify all of these promos and put them in one convenient place for our members.

We also figure out the optimum strategy for these promos and post our suggested bets as ‘Today’s Plays’. Bonusbank members only have to spend a couple of minutes each day placing the suggested bets.

We first started posting these bets on April 21st of this year. At the time of the last blog piece it looked like we were going to average around $400 per month. Now that we have posted 3 full months of bets it seems like a good time to check in and see how that is going:

Graph of Matched Betting Profits
Results

Turns out we should have been a bit more optimistic. Instead of $400 per month, we have averaged nearly $550 per month between April 21st and July 20th. The total profit for the period was $1643.36.

We saw an increase in the number of bets placed in June and July. This was largely due to tennis promos for the French Open and Wimbledon. An excellent NRL offer from Ubet also helped to boost our profits. Crownbet chipped in too with their AFL Points Pile-Up.

All of these promos have helped our members add to the large matched betting profits they have made from sign-up bonuses. And it only takes them a few minutes per day. Our advanced members are also making hundreds of dollars every week from horse racing promos.

If you would like to join them you can sign up for a free account to get started. You will get access to 10 beginner tutorials, our matched betting calculator, and a lite version of the best matched betting software in Australia.

There’s no commitment and no need to enter any payment details. So sign up today and see how you could start making money online with matched betting!

The Bonusbank EPL Fantasy Football League(s)

It might only be the middle of July but, here at bonusbank we are already getting excited about the start of the new soccer season.

We’re excited for a couple of different reasons:

The first is that it will make Australia’s best matched betting software even better. With hundreds of games played across Europe every week, we will have a huge range of markets to choose from. That means even higher matched betting profits for our members.

The second reason is that we love football and can’t wait for it to return to the weekend schedule. We don’t just use it for matched betting; we watch the games (even if it means staying up late/getting up early), we read the latest news, and we talk about it constantly.

We think we know quite a bit about football, and we’ve set up a bonusbank fantasy football league to prove it. Actually, we’ve set up two.

The bonusbank championship

The Bonusbank Championship is open to anyone who wants to get involved. Just go to fantasy.premierleague.com, create your team and then use league code 188833-47658 to join.

If you can beat the bonusbank teams, not only will you get bragging rights, you will get the chance to win free bonusbank membership. We’ll be giving a free annual subscription to the winner, 6 months subscription to the runner-up, and 3 months to the 3rd placed finisher.

The bonusbank premiership

If you are a bonusbank premium member you can also join the Bonusbank Premiership. In the Premiership you will be competing for free memberships and a share of our Cash Prize Fund. The fund will grow with every new member that joins the league, so be sure to tell your friends.

This is just one more way that you can make money from a bonusbank premium account. Our matched betting tutorials, tools and support should already be helping you make one of the best hourly rates in Australia.

To find out more, and get the Premiership league code, check out this post in the forum.

Join bonusbank now

If you’re not already a bonusbank member, you can sign up for a free account today. There is no need to enter any credit card details or make any long-term commitment. Just open your account, read through the tutorials, and find out how you could make up to $100 risk-free. Once you’ve made your first profits we’re sure you’ll want to upgrade to Premium and become a full-time member of the best matched betting community in Australia!