Try Matched Betting — Free Interactive Demo | Bonusbank
Free Interactive Demo

Try Matched Betting Right Now

No account needed. No real money. Takes about 5 minutes.

What you’ll do in this demo:

1
Sign up to DummyBet, a practice bookmaker that works just like the real thing
2
Deposit $100 and receive a $100 bonus bet. A typical bookie welcome bonus
3
Find the best bet using our software and calculate your lay stake
4
Place the back and lay bets on DummyBet and FairBet exchange
5
Settle the bets and pocket the profit. The amount is locked in before the game starts
💡 This is a simulation. No real money is involved. All bookmaker interfaces and prices are fictional. The maths, however, is real.
Step 1 of 8

Sign Up to DummyBet

The first thing you do with any new bookmaker is create an account. The form below is pre-filled. In real life you’d use your own details. Hit Create Account to get started.

Why DummyBet? DummyBet is a practice bookmaker so you can learn the process with no real money involved. The steps at any real Australian bookie will be almost identical.

Create your account

Join thousands of Australians betting with DummyBet

By creating an account you confirm you are 18+ and agree to DummyBet’s Terms & Conditions.

Step 2 of 8

Claim Your Welcome Bonus

DummyBet is offering $100 in bonus bets when you deposit $100. The bonus bets are credited immediately after depositing.

Important: Bonus bets are Stake Not Returned (SNR). When you win with a bonus bet, only the winnings come back. The bookie keeps the stake. A $100 bonus bet at 4.50 that wins pays $350 in winnings, not $450.
🎁
Welcome Offer

Deposit $100 and receive $100 in bonus bets to use on any sport.

Your deposit$100.00
Bonus bets credited (SNR)$100.00

Bonus bets are available immediately after deposit.

Step 3 of 8

Find a Bet in the ATM

Open the ATM to find your best opportunity. The SNR column shows the guaranteed profit from a $100 bonus bet. The top row is the one you need. Click the button below to use it.

ATM — All Bookies

Champions League — Match Result
EventBetBookmaker BackLay SRSNR ↓
Man City vs Real MadridReal Madrid DummyBet 4.504.60 -6.83+72.46
PSG vs Atletico MadridPSG bet365 3.403.45 -5.73+66.55
Warriors vs CelticsGolden State Warriors Ladbrokes 3.203.25 -5.71+64.83
Collingwood vs CarltonCollingwood TAB 2.502.58 -6.74+55.95
Scroll to see more →
Step 4 of 8

Calculate Your Lay Stake

To guarantee a profit, we need to cover both sides of the match. We do this by placing a lay bet on the FairBet exchange. A lay bet is simply a bet that something will not happen. In this case, we are betting that Real Madrid will not win.

Combined with the back bet at DummyBet, every outcome is covered. The calculator below works out exactly how much to stake on FairBet. The values from the ATM are already filled in.

Bonus Bet Stake
$
Back Odds
Lay Odds
Lay Commission
%
Lay stake on FairBet
Liability required in FairBet account
If back bet wins
If lay bet wins
Step 5 of 8

Place Your Bonus Back Bet on DummyBet

Select Real Madrid (the ‘away’ team) from the market, then click Use Bonus Bet ($100), and place the bet.

Cash$100.00
Bonus$100.00
🏆 Champions League — Match Result
Man City vs Real Madrid
Select your outcome
Home
2.10
Draw
4.20
Away
4.50
📄 Betslip
Select Real Madrid above to add to your betslip
You selected
SNR: Only winnings are returned — not the $100 stake. At 4.50 a win pays $350 in winnings.
Potential winnings (SNR) $350.00
🏆 Champions League — Match Result
Man City vs Real Madrid
🔒 Place your back bet on DummyBet first.
Then you’ll lock in your lay bet here.
Step 6 of 8

Place Your Lay Bet on FairBet

Now lay Real Madrid on the exchange. Click the pink 4.60 cell. The lay stake we calculated earlier is pre-filled. Hit Place Lay Bets to lock in your profit.

Cash$100.00
Bonus$0.00
Bonus Back Bet Confirmed
Real Madrid — Man City vs Real Madrid
$100 Bonus Bet (SNR) @ 4.50  |  Wins pay $350 in winnings
Back bet placed. Now lock in your lay bet on FairBet.
Balance$1,000.00
🏆 Champions League — Match Result
Man City vs Real Madrid
Match Odds — Click the pink LAY price next to Real Madrid
BackLay
Man City 2.06
$340
2.10
$320
The Draw 4.10
$180
4.20
$160
Real Madrid 4.40
$210
4.60
$240
📎 Lay Betslip
Click the pink 4.60 cell next to Real Madrid
SelectionLay oddsLay stakeLiability
Total liability$0.00
Step 7 of 8

Settle the Bonus Bet

Both bets are placed. Hit Settle Bets to fast-forward to the final whistle.

📊 Your Bets Placed

BetStakeOdds If Real Madrid winsIf Real Madrid does not win
Back
DummyBet · Real Madrid
$100.00 bonus 4.50 Win $350.00 winnings Bonus lost ($0 cash cost)
Lay
FairBet · Real Madrid
$77.09 4.60 Pay $277.52 liability Win $72.46
($77.09 − $4.63 commission)
Scroll to see more →
⚽️
Man City vs Real Madrid — Full Time

Fast-forward to the final whistle and see your profit.

Full Time Result
Man City 2 — 0 Real Madrid

Real Madrid lost. Bonus bet lost, lay bet wins.

Back Bet — DummyBet
Real Madrid — LOST
Bonus bet lost. This has not cost anything as it was a free bet.
$0.00 cash lost
Lay Bet — FairBet
Real Madrid — LAY WON
Real Madrid didn’t win, so the lay bet pays out minus 6% commission:
$77.09 − $4.63 = $72.46
+$72.46
Bonus Bet Profit
+$72.46
Same result whichever way the match went
If Real Madrid had won this match…
Your $100 bonus back bet would have paid $350 in winnings at DummyBet. Your FairBet lay bet would have cost you $277.52. Net result: $350 − $277.52 = +$72.48 — the same profit, with a tiny rounding difference.
PlatformBeforeChangeAfter
DummyBet $100 cash + $100 bonus Bonus lost ($0 cash cost) $100.00 cash
FairBet $1,000.00 +$72.46 $1,072.46
Combined balance: $1,172.46. You started with $1,100 ($100 deposit + $1,000 exchange). Profit so far: +$72.46.
Step 8 of 8

Complete the Turnover Requirement

Most bookmakers require you to wager your deposit at least once before you can withdraw. This is called a turnover requirement. We have one more bet to place at DummyBet before we are done.

The good news is that by laying this bet on FairBet at the same time, we can lock in a near-certain outcome. The ATM has found us the best option. Whichever way the result goes, our cost is just $3.68.

Just like before: back Adelaide at DummyBet, then lay Adelaide on FairBet. The bets are already worked out for you in the table below.

ATM — Wagering Bet

AFL — Match Result
EventBetBookmaker BackLay SR ↓SNR
Adelaide vs St KildaAdelaide DummyBet 1.66 1.68 -3.68 +38.30
Scroll to see more →

📊 Wagering Bets Placed

BetStakeOdds If Adelaide winsIf Adelaide does not win
Back
DummyBet · Adelaide
$100.00 cash 1.66 Win $66.00 profit
($100 + $66 = $166 returned)
Lose $100.00
Lay
FairBet · Adelaide
$102.47 1.68 Pay $69.68 liability Win $96.32
($102.47 − $6.15 commission)
Scroll to see more →
Either way the locked-in cost is -$3.68
🏉
Adelaide vs St Kilda — Full Time

The wagering bet is over. Settle to see your final result.

Full Time Result
Adelaide 12.8 (80) — St Kilda 11.10 (76)

Adelaide wins. Back bet wins at DummyBet, lay bet loses at FairBet.

Back Bet — DummyBet
Adelaide — WON
$100 back bet wins at 1.66.
$100 stake returned + $66 profit = $166 total.
+$66.00 profit
Lay Bet — FairBet
Adelaide — LAY LOST
Adelaide won — pay lay liability.
$102.47 × 0.68 = $69.68
-$69.68
Wagering Bet Cost
-$3.68
Cost of completing the turnover requirement
If Adelaide had not won this match…
Your $100 back bet at DummyBet would have lost. Your FairBet lay bet would have won: $102.47 − $6.15 commission = $96.32. Net result: −$100 + $96.32 = −$3.68 — exactly the same cost either way.
PlatformBeforeChangeAfter
DummyBet $100.00 −$100 staked, +$166 returned = +$66 $166.00
FairBet $1,072.46 −$69.68 (liability paid) $1,002.78
🏆

You Did It!

+$68.78

Profit from a $100 deposit and $100 bonus bet

Bonus bet profit+$72.46
Wagering bet cost-$3.68
Total profit+$68.78
DummyBet balance$166.00
FairBet balance$1,002.78
Total across both platforms$1,168.78
Started with$1,100.00
Creating your account…

Setting up Alex Johnson’s DummyBet account

Processing deposit…

Depositing $100 to your DummyBet account

Placing your bet…
Placing lay bet…