How much money you can make from matched betting in Australia depends on where you live in the country.
Gambling in Australia is regulated at both the State and Commonwealth level, so laws differ from state to state. This doesn’t affect the legality of Matched Betting – it’s 100% legal wherever you are – but it can affect your potential profits. This is because some States make it illegal for bookies to offer incentives to new customers.
The good news is that, no matter where you live, you can still make money using bonusbank.
QLD, ACT, NT & TAS
If you are from any of these states you have no restrictions to worry about. You will be able to do all of the sign-up offers and make money from the existing customer offers. Yay!
VIC & WA
If you live in VIC or WA, you are technically excluded from any pre-signup bonuses. However, it is common for bookies to automatically credit a bonus anyway. If they don’t, it is often possible to get a bonus by going on Live Chat. You can just ask the customer service rep if they offer a ‘first deposit bonus’ or something similar. This will not work with every bookie, and sometimes you have to try more than one rep, but it is worth trying nonetheless. Another tactic is to sign-up but not deposit. Often the bookie will contact you with an offer after a few days.
New South Wales have an almost identical situation to VIC & WA. The only difference is that the state government recently brought in legislation which makes it illegal for bookies to advertise bonuses to non-customers. This means that users in NSW will not see any bonuses available when they visit the bookmaker site.
If you live in New Zealand you may or may not be eligible for bonuses depending on the individual bookmaker. If you do not receive bonuses automatically you can use the same tactics as described above.
Existing Customer Offers
In each of the places mentioned above, once you have an account you will become eligible for existing customer offers. These have far fewer restrictions than sign-up offers and can potentially earn you $10k+ every year. It is worth opening an account with every bookie just to be able to access these offers.
The state where you will have the most problems with matched betting is South Australia. Unfortunately SA doesn’t only restrict the offers available to new customers. There are also restrictions on existing customer offers.
In a lot of cases these restrictions aren’t fully enforced by the bookies, so it is still possible to make money in SA. However, your expected profits will be less than in other states. You can find information in our forum and in the state exclusions guide to help you make the most of the offers that are available.