You can start with as little as $70-$100 and build a bankroll from there ($25 back bet + $75 Liability for lay bet) to balance the back bet.

Remember you are not risking your initial $100, you get it all back plus the profit from the bonus once the bet is finished as we use it to cover both outcomes.

This is explained in the 8 steps tutorial. No matter what happens we get about $98.5 of our original $100 back and a free $25 bonus bet which we turn into $18 cash profit (70% of bonus value – also explained in the 8 steps).

Of course you can do this with higher amounts once you do some of your first matched bets and earn a bit more of a bank roll.

The more you have to start with the quicker you will be able to get larger sums of money by playing the big bonus bets, but you can start very small.

In Australia there is over $3000 in bonus bets available across all bookmakers. We can generally get 70% guaranteed cash out of each bonus bet using the Oddmatcher and calculator.

So after the tutorial and all the bonus bets, we are usually sitting on about 2k+.

After this we can make steady profits from weekly Australian bookmaker bonus bets and arbitrage betting using an oddsmatcher.

Absolutely not, if you have internet access, this guide and live in Australia so you can sign up to the bookmaker then you are good to go. There is zero gambling involved.
The short answer is yet, if you are from a restricted state email me at David@matchedbettingoz.com or just use the contact tab above and I can show advise you how to get the bonus bets manually.
yes you can get the bonus right away from the majority of bookmakers in Australia and actually have less restrictions on your Matched Betting in New Zealand.

If you are looking to start arbitrage betting or get started with Matched betting in NZ then simply follow the Matched Betting Guide to your first profits 🙂

Simply there is none, but it is not easy and you need to pay attention and make sure you understand how it works and are confident before diving in.

Bookmakers compete with each other by enticing new punters with free cash value bonus bets. We use the technique in the no risk matched betting tutorial to play two bookies against each other and extract the cash from these.

Firstly this is not allowed by the terms of the bookmakers so they will ban both accounts, secondly they have very advanced software to detect this so I strongly recommend against it or you risk a complete ban or frozen account.

A great alternative is managing accounts for friends which I talk about in the free matched betting ebook.

The main reason regular gambling customers are worried about attempting to get a bonus bet from bookmakers is because to get it we would have to place a bet with our own money first to unlock the bonus, under normal circumstances that is obviously a bad thing as it would involve gambling, which is a big no-no.

In the most basic terms what we do to bypass this issue is place a bet on a selection with a bookmaker and then a lay bet against that the same selection on Betfair. The two bets then cancel each other out, creating a risk-free situation. After we do this they award us with the bonus. Then using a simple strategy we turn this bonus into cash (Also risk free and all fully explained later)

The best thing to do in these situations is to use a similar bookmaker on the oddsmatcher to find odds of a game that is close and then manually check with the bookmaker who is offering the bonus to see if the odds are a close match, its not ideal but for now it saves a lot of time. I usually go to the soccer EPL market as there is usually a game or two each week with some close odds for the back and lay for a 70% extraction.
If it is easy for you to do I would advise so, this way you can keep track of your earnings but it is not necessary.
You must be a current resident in Australia and be able to prove that to verify your accounts. You can also do this if you have been a resident in the UK, the bonus offers are not as good though.

Once you accounts are set up, verified and ready to go then it is smooth sailing.

Yes, it has been written about many times in mainstream media over the years and although the bookmakers are aware of it the realise there is nothing wrong as it is your free bet and you can do what you like with it.

However if they think you are just taking advantage of them for their bonus offers they do simply not like it and will cancel your account because you are not a valued customer. This is avoided with mug bets and other techniques explained in the free ebook.

I recommend debit card or POLI as they are both instant. If you deposit with a credit card at a bookmaker then it will go down as a cash advance on your statement and that could affect credit history.

So I advise against using a credit card to deposit for this reason.

The best thing to do in these situations is to use a similar bookmaker on the oddsmatcher to find odds of a game that is close and then manually check with your bookmaker who is offering the bonus to see if the odds are a close match, its not ideal but for now it saves a lot of time.
After the bonus bets you will ofter receive “top ups” and “reload offers” these are essential the same as bonus bets. Eg deposit $$$ and receive $$$ Bonus bet. On top of these every bookmaker runs daily promotions on various sports, such as if your team lead at half time and lose you get a $50 bonus bet. These daily promotions are where the sustainable profit is made. Examples of these offers are in the life after bonus bets chapter.
The first time it can take about 30-60 minutes as you will be double/triple checking everything, once you get the hang of it and your confidence up you can turn over bonus bets in less than 10 minutes.

It becomes a lot quicker as you know what you are doing. I often place 10+ bets in one hour now, in the beginning it too me about and hour as I went very slowly making sure I understood everything.

Like anything you can lead a horse to water but you can’t make it sign up with the bookmakers. It is not a global thing as it is mainly Australia and the UK that award bonus bets worth our time. Then it is a golden opportunity to make great money as a hobby with about 5-7 hours per week, or take it more serious and make much more.
After the bonus bets you will ofter receive “top ups” or “Reload Offers” these are esentiall the same as bonus bets. Eg deposit $$$ and recieve $$$ Bonus bet. On top of these every bookmaker runs daily promotions on various sports, such as if your team lead at half time and lose you get a $50 bonus bet. These daily promotions are where the sustainable profit is made.
If you have a specific question just ask me at Dave@MatchedBettingOz.com and I will point you in the right direction.
Email me at Dave@MatchedBettingOz.com and I can add you when it is open again for new members.

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