No Risk Matched Betting Australia Guide

No Risk Matched Betting | Start Here | $175 in 30 Minutes

In Matched Betting Australia Blog, Matched Betting Tutorials by Dave52 Comments

5 Quick Points

  1. There is no gambling involved, we’ll be extracting risk-free cash from the sign up bonus offers that each Aussie bookmaker offers to new customers. USA readers can find a separate tutorial here.
  2. Anybody with a residence (even temporary) in Australia can make up to $175 in less than 30 minutes with this no-risk matched betting guide. (From 10th August 2017 this is now $330 as the free bet we use is upped from $250 to $501).
  3. The tutorial is detailed but the process is simple. I want to be comprehensive so please read through once to get the idea before completing the 8-step guide, make sure you understand how it works and don’t rush it.
  4. After we extract the profit from the first sign-up bonus bet, we can then replicate this technique with the sign-up bonuses being offered from all the other big online bookmakers.
  5. The only risk is a human error so if you have any questions or concerns email me at Dave@MatchedBettingOz.com or leave a comment below.

What Is No Risk Matched Betting?

“No Risk Matched betting is a betting technique used by individuals to profit from the free bets and incentives offered by bookmakers. It is generally considered risk-free as it is based on the application of a mathematical equation rather than chance” – Wikipedia

How Is no risk matched betting 100% Risk-Free?

“We leverage free bonus bets and turn them into cash without risk.”

We make our money through the generosity of the bookies, each bookie offers a sign-up bonus generally matching your first deposit within the range of $20-$500. (Eg. if your Qualifying Bet is $50 you will be awarded a Bonus Bet of $50 = $35 no-risk profit). So we leverage free bonus bets and turn them into cash without risk.

Generally, the bookie wants you to bet through your deposit first to qualify for the free bet. Don’t worry we’re too clever for that gambling nonsense. This is why we both back and lay the bet on two different bookmakers as explained in the tutorial. Hence we cover both outcomes ensuring we do not lose our original deposit and by unlocking our bonus bet that we can extract our profits from later.

Is it legal?

Yes, you are free to do what you like with your sign-up bonus bets. The bookies would of course rather you gamble it blindly, but in this tutorial, you will see how we guarantee a profit from it by using the matched betting technique in the 8 steps below.

is no risk matched betting legal

Terminology

Some terms you should be aware of before starting the 8 step guide

This is a betting exchange where you can bet against other people and play the role of the bookie. This is where we place our opposing bet (the lay bet) to cancel out our bet with the bookmaker, ensuring we don’t risk our initial deposit. We will be using Betfair in our example. There are many but this is the most user-friendly to start with.
This is a standard online bookmaker such as Sportsbet, Ladbrokes, William Hill etc. these are the companies we sign up for and turn their sign up bonus bets and various promotions into risk free profit using the matched betting technique and arbitrage in the 8 step guide below. We will be using Sportsbet in the guide as they are the easiest to begin with. If you already have a Sportsbet account you can use any of the sign up bonuses here to get going. 
The back or backing bet means that you are betting on the outcome of the game. We place this with the online bookie who gives us the bonus. In the tutorial we’ll be placing our back bet using Sportsbets free bonus bet. If you’re already a member you can get the sign-up bonus bet off any of the bookmakers here.

Eg. Man Utd Vs Chelsea 

I back a bet that Manchester united will WIN with Sportsbet. 

Lay Bet

This is simply a term for placing a bet that an outcome will NOT happen, we do this on the betting exchange. Betfair is the exchange we will be using as they are the most popular and easy to use. This means that you are able to place a bet that covers the opposite outcome of the back bet.

Eg. Man Utd Vs Chelsea

On the exchange, I lay a bet that Manchester United will NOT WIN. This means that Chelsea winning and the Draw are covered.

Usually with a matched bonus bet from the bookies you are required to bet through your deposit before you can withdraw, this is called the qualifier bet as it is used to qualify us for the free bonus bet. (By using the back and lay technique in the tutorial we don’t lose this as you will see later when going through the 8 steps)

Some bookmakers want you to reach a certain amount of money in bets on your account before they allow you to withdraw your bonus. Sometimes this is 2x the amount. So if your bonus bet was for $20 you have to make $40 in bets before you can withdraw.

If we win when we place our free bet and the money ends up in the bookies and not the exchange we have to repeat the qualifier bet once more to reach the turnover amount and extract our winnings. At the moment in the tutorial below, you don’t need to worry about this as Sportsbet don’t have an extra turnover requirement on their bonus bets. That is the reason they are a great first no risk matched bet.

I have added the easiest sign up bonuses here, these have the lowest turnover requirements making them easy to extract +70% profit.

NB. T&Cs can change so always read the terms and conditions. Mainly looking out for the minimum odds and turnover requirements.

This is the money you need to have in your Betfair account to cover the Lay the bet. The bigger the bonus you go for means you will need more money in Betfair to make sure the Back and Lay bets cancel each other out. Our free matched betting calculator provided in the steps tells you the exact amounts needed.

If we use a free bet of $10 at odds of 5.00(4/1) we will win $40 so to lay this bet to cancel out the chance of it losing and ensuring we can get our free bet we must put $40 in the (Lay) Betfair account.

Eg. If the 5.00 back bet wins in the bookie we would win $40, to make sure we are not risking anything we need to lay the bet at 5.00 on the exchange with a lay stake of $10.00. So in this example, we would need to put $40 into Betfair exchange to neutralise the bet.

So below is the result no matter what happens. Usually, to get our free bet we lose a few cents or dollars depending on how much we are placing. Don’t worry we make this back with a hefty profit, this is why its called no risk matched betting 🙂

liabilityExample

That is how we will be placing a bet to qualify for our bonus without losing our original deposit. Once this bet finishes our money will be either in the exchange (Betfair) or the online bookies(Sportsbet). Then we withdraw our initial deposit and repeat the process to turn the bonus bet into cash with no gambling. It may sound complex but it’s not, just take your time and follow the steps EXACTLY as they are laid out.

 

So to complete the tutorial we are going to be using the soccer market and Sportsbet.com.au to get our free bonus bet, again if you already have an account or have trouble getting the bonus you can try any of the bookmakers here. We will also need to calculate exactly how much to lay on the exchange to cancel out the back bet as the odds vary on both sites. We have the matched betting calculator that does all this math for is for us, this is explained in the guide.

Following the guide you will make a profit of 70%+ of your initial deposit in profit in about 30 minutes. Remember don’t rush it and double check everything as you go along to make sure everything adds up for you. See you on the other side, slightly richer 🙂

“if your Qualifying Bet is $50 you will be awarded a Bonus Bet of $50 = $35 no-risk profit”

For this guide, I deposited $50 granting me a $50 free bet (with this I can expect around $35 risk-free profit). If you deposited any other amount and were awarded a different bonus, just enter this instead of the $50 in my examples. Remember you do not lose or risk this initial deposit, you get it all back with your profit.

The 8-Step No Risk Matched Betting Guide 2017

This is where we’ll be getting our sign-up bonus that we turn into risk-free profit. We place our initial back bet here with the bookmaker, below is an example of a back bet. Clicking this option on a Sportsbet soccer match means that you are backing Germany to WIN the match at 1.75 odds.

What is a back bet in matched betting

The easiest offer to start with is Sportsbet who are offering a bonus bet of up to $501. So when you deposit any amount up to $501 they will match it with a 100% bonus bet that we will turn into guaranteed profit. So start with whatever amount you are comfortable with  (don’t worry we’ll be getting this deposit back +  approx 70% of the bonus amount in cash with no risk involved).

You can click here for the Sportsbet $501 Bonus. Once signed up come back and continue.

Note: If you are from WA, NSW, SA, VIC and have trouble getting a sign-up bonus then read this for help.

Betfair is the betting exchange website where we bet against other people and play the role of the bookie. This is where we will place our lay bet straight after our back bet.

Again, below is an example of a lay bet on the same game on Betfair (betting that Germany will NOT WIN, this covers the draw and England win options), remember the lay bet is in red and this neutralises our placed bet with Sportsbet protecting us from all outcomes and keeping our money used to qualify for the bonus.

 

What is a lay bet

Sign Up for the betting exchange | Click Here

This is essential to make things really simple when using the calculator later. Most sites use decimal as default, but if the odds are displayed in a fraction there is usually an option in the settings or account tab that lets you change this. The chat support feature is excellent on most betting sites though so any issues finding it you can just ask.

 

odds example

To withdraw our bonus bet into cash we must first bet through the value of our deposit. Don’t worry we get it back. The terms and conditions of this bet state that we need to pick odds of 1.5 or higher (Always double check T&Cs  yourself and ask on the online chat or check the terms attached to the bonus bet as the minimum odds can change)

The goal here is to find low odds that are similar to both back and lay, we won’t be doing this manually, to find the best odds we will use the no risk matched betting Oddsmatcher below to find the best game to place our qualifier bet on. You only need to sign up for the free version to use find odds for Sportsbet/Betfair.

Two things are important here, we want to find the game with a very low “qualifier loss” to maximise our total profits. In the Oddsmatcher when it mentions a team name under the tab “bet” this is who we back, if it says draw then we back the draw and then lay against a draw on Betfair.

Leave this tab open and as soon as you pick your match, write it down somewhere with the back and lay odds. Then come back and proceed to the next step. I have explained below how to use the Oddsmatcher to find the best match.

matched betting odds matcher australia

 

 

Green – Select this to filter to only show Sportsbet and Betfair matches

Blue  – We can pick the bookie we are using, for this bet it’s Sportsbet.com.au.

Purple – We select only the exchange that we are using so only select Betfair.

Below is my selection for this tutorial. Germany V England at back odds of 1.75 and lay odds of 1.76. The tab beside with the figure £9321 is to show me that there is plenty of liquidity in Betfair so there will be no problem having this bet accepted on the exchange.

no risk matched betting australia 2017 automatcher

 

NB: Oddsmonkey has recently (01/11/17) stopped the use of Sportsbet in the free version, for this step you can sign up to the free version of Bonusbank instead to use their Sportsbet Oddsmatcher for free. When you log in it is called the ATM (Automatcher)

Click Here To Sign Up For the Oddsmatcher (Free Version)

It’s always a good idea to check the T&Cs of the bonus bets. Generally, minimum odds to qualify for the free bet are 1.5 or 2.0. For this Sportsbet qualifier it is 1.5 but always double check on live chat as this can change over time. 

 

This will tell you how much you need to place on your lay bet on Betfair to cover all outcomes and ensure you do not lose your initial deposit. You can expect to make a small “qualifier loss” aim for less than 5%. Considering you will be getting a 70% profit from the bonus bet this is not an issue.

This is the calculation I used for the $50 example, simply change the stake and odds to the ones you have found for your qualifier bet. You can see here my outcome is a qualifier loss of $1.39 and then I am awarded the $50 bonus bet which we later turn into a profit.

Matched Betting Calculator Australia Example

 

My example explained.

Back stake – Enter the amount of money you are betting to obtain your free bet, in this example it is $50 to obtain a $50 free bet.

Back odds – Enter the Back Odds you have written down.

Lay odds – Enter the Lay odds you have written down.

Lay Commission – Leave this at 5% (It’s a Betfair fee and is standard)

Liability is what we lose on the exchange if the Lay bet loses and the back bet wins. If this happens we are liable to lose $38.89 on the lay bet with Betfair but we will then win this amount on the back bet (Sportsbet) and the loss will be cancelled out.

After this is calculated you can see that the stake you need to lay on Betfair is $51.17 at the odds of 1.76.

Now you can use our calculator to find out what you need to lay on Betfair to cancel out your back bet. Make sure the bet type is set to “Qualifier/Arb” for this step.

Click Here | Matched Betting Calculator

Firstly find the game from the Oddsmatcher on both Sportsbet and Betfair and make sure the odds are correct and have not changed.

Place the back bet on Sportsbet.com.au to the amount that you deposited for the free bet. In this example, I will BACK Germany $50 at the odds the Oddsmatcher gave of  1.75.

What is a backed bet in matched betting

 

 

Next, we find the correct odds for the lay, when you navigate to the correct game you may have to select “View full market” to see all the lay options.


What is a lay bet matched betting

Once you can see all the options on the game select the RED odds to lay the bet, we are betting against Germany to win to cancel out the backed bet we made with Sportsbet bet so make sure the odds are what the Oddsmatcher gave us for the lay bet. In my case 1.76.

Once you click on this and add it to the betting slip to the right you must enter the backer stake. This is the LAY STAKE that the calculator gave us that will ensure the two bets cancel each other out.

What is a lay bet betfair

So now with both bets placed we are left with two outcomes after the game. Either Germany win the match and the back bet (Sportsbet) wins or they do not win (lose or draw) and then the Lay bet wins (Betfair) Below is what will happen no matter what the result is as per the calculator we used.

 

how is matched betting risk free

So we lose $1.39 from our initial $50 stake, so we then withdraw the $48.61 back to our accounts where it is safe. Now we have a $50 bet to extract the profit from in the next step.

Okay now with your original money secure minus the small “Acceptable loss” we can withdraw this back onto our card and extract the money from the free bet.

To get the cash from the free bet we follow the same steps but this time in the Oddsmatcher we need to find a game with close odds but this time odds above 3,0 to maximise our guaranteed return on the free bet.

After you find the match enter the odds again into the calculator but this time select “FREE BET” to get the new calculation. This will tell you the profit that you will make from the free bet. You will never get 100% of the bonus bet value in cash back because the stake is generally not returned and this lowers the profit slightly. (No big deal we are making a lot of cash)

NB: You need to enter the stake not returned amount, usually just the same as the free bet amount as you don’t get this amount back in your winnings as it’s a bonus bet and not your cash yet. You can confirm on live chat with the bookmaker that the free bet stake is not returned with the winnings. Although this is the case 95% of the time.

After you enter the odds into the calculator you then make your back bet (Using your full free bet amount) on Sportsbet and Lay it on Betfair using the Lay Stake that the calculator gives you (In this example my lay stake was $36).

As we can see below when either the Bookie (backed free bet) or Betfair (lay bet) win I get either $34.2 in profit in withdrawable cash in one of them.

free bets austrlaia

NB: On this step, it is ESSENTIAL to set the bet type to ‘FREE BET”

So on the $50 free bet, I get $34.2 minus my acceptable loss from the qualifier bet which was $1.39 I will make a nice profit of $32.81 guaranteed.

 

All done, congratulations on completing the no risk matched betting guide and making your first profits. If you have any questions about no risk matched betting feel free to ask me at Dave@MatchedBettingOz or just leave a comment below.

First profits from the sign-up bonus, nice … but what now?

Once you made your first profit with the tutorial you will be keen to keep it up, next I would recommend you start going through some of the other big bookmakers sign up bonuses before getting into any weekly promo offers that we use to profit from. You can find a list of the easiest ones to complete here.

Click Here for the easiest bonuses to start with!

Comments

  1. Lukas

    I’m from NSW and have got through the Sportsbet and Bluebet bonuses already but im struggling to get the bonus from some of the other bookmakers, william hill just said no when I asked them on live chat, any ideas mate?

    Thanks for the help getting started.

    1. Author
      Dave

      Hi Lukas,

      With the spring carnival, a lot of bookmakers were holding back the sign up bonuses because they had so many other promos going on so it might have been more difficult over the last week or two. Should be back to normal now I recently outlined the best way to get the bonuses awarded if you are having trouble getting one in a “restricted state” like NSW, WA etc.

      The post is here

  2. George

    Hi Dave,

    Love your work mate. I’ve just started out and am about to make some qualifying bets. I’ve read all the Ts and Cs and have spoken to a few people on live chat. It seems I’ll have to turn my winnings over from the free bet from the majority of the ones I’ve looked at. Is this pretty standard?…apologies if I’ve missed that somewhere in the tutorial.

    I figure I’d just repeat the steps for the qualifying bet to take another small loss to withdraw free money? Thanks!

    1. Author
      Dave

      Hi George,

      You are spot on, as per the tutorial step for the qualifier bet you will need to place this before withdrawing, this is to be expected. You should only make a small loss for each qualifier bet (less than 5%) and then you will make the 70%+ profit on the bonus bet so this is not a big deal.

      Whenever you need to complete a turnover requirements to take profits out you simply place a back and lay qualifier bet.

      If you need anything else just let me know.

      Talk soon,

      Dave

  3. Kirstie

    Hi Dave Thank you for this tutorial! I’ve been reading over it over the last week and I’m still a bit confused on a couple things, that I find quite hard to explain. I understand in your first bet with your own money you come out clear, however Do you need to keep putting your own money into the exchange? I’ve never really placed bets so it’s all new to me and trying to get my head around it before I jump in. Also I’ve tried to find odd matchers from Australia but cant find any as straight forward as the one in your tutorial. Any suggestions? Thanks

    1. Author
      Dave

      Hi Kirstie,

      Once you place your back and lay qualifier bet you can then withdraw that money from the bookmaker and put it into the exchange, this means you can then use this to lay against the bonus bet, using the calculator to see how much you need to place to retain 70% of the bonus bet no matter the outcome.

      Make sure for the second part where you turn the bonus bet into profit that you set the calculator to “free bet” as opposed to the default “qualifier bet”

      If you need anything else just let me know.

      Talk soon,

      Dave

  4. Robbie

    Hi, I just went through the sportsbet bonus and found it easier than I imagined. Do you recommend leaving your profits in the bookmaker for a while to look like a regular bettor or is it okay to just take it out straight away when you finish with the bonus?

    1. Author
      Dave

      Hey Robbie,

      I have always just taken the profits out straight away, when I was starting out I would then load them back into the exchange so I can move on to the next bookmakers sign up bonus bet. I never had any issue, in fact I think most regular punters would take profits out anyway so I wouldn’t worry about it.

  5. Tony

    Hi Dave.
    Once I’ve gone through all the bonuses, could I do it all again with my partners details.

    1. Author
      Dave

      Hi Tony,

      Most bookmakers will limit the sign up bonus to 1 per household and IP address, you would need to look at the T&Cs before. It is however possible to do it for friends or family who have a different address though. Also in most cases you can still make the most of all the weekly promotions and bonus offers though.

  6. Greg Chambers

    I have finished the Sportsbet bonus offer and made a tidy profit, is it possible to just sign up with another name and just do it again?

    1. Author
      Dave

      Hi Greg,

      You need to verify each account you make with the bookmaker using your ID and proof of address when signing up. This prevents people from making multiple accounts, it is also against their T&Cs so not possible. Once the sign up bonuses are dried up take a look at the Daily offer and Blog page to see how to keep making profits from the weekly promos.

  7. Erick Leclerc

    Hello,
    I was so close to getting started however my attempt was halted by the Oddsmatcher restrictions. Since I went with the free version, the only bookmakers it allows me to view is Betfred and Coral. What can I do to view Sportsbet? Please keep in mind I did not forget to filter the results. The Oddsmatcher simply prohibits the use of Sportsbet and Betfair analytics without a paid membership.

  8. Tyson

    You Dave are a dead set legend.
    Me and a mate both did this with $500 (had to split it up into 2 bets because the liability)
    But after it was all done we made over $370 in profits.

    Im still nervous because of T/C’s, differences with bookies and worried ill make a mistake with not picking good enough odds but as long as I take my time and follow your steps I’ll be sweet.

    Only tough part is finding the right match to bet on with the best return and not needing a massive liability…..free money cant always be that simple hahaha. More times i do it the better.

    Thanks again Dave your AWESOME.

    1. Author
      Dave

      Hahaha, cheers for the love, I’m kind of a big deal around here :-p

      The best thing is now you can just repeat the same steps if your mate sets up his account and gets a sign-up bonus for his account.

      If you are ever worried about T&Cs just make sure to jump on live chat and ask them the minimum odds and turnover requirements, then take a screenshot just in case they change them (never happens, but for peace of mind).

      Just stick with the mainstream bookmakers and you will be fine. Sportsbet, Crownbet Tab, William Hill & Luxbet are the first ones I would get through. When you get these 5 bonuses finished you will be well in the profits and you can also start playing their weekly promos to make some good steady income over time.

  9. Jeet

    Hi Dave,

    I have tried it, its work however i forgot to put Stake Not Return on my free bet, would it be a problem? also just wondering regardless which bookmakers we are using you can go on betfair and lay your bet there without looking whether that bookmakers is in betfair or not (oddmonkeys free account doesnt show all bookmakers, its only showing 2 UK basked bookmakers)
    Thanks..

    Jeet

    1. Author
      Dave

      Hi Jeet,

      Make sure going forward that if the stake is not returned with your bonus bet (this is the case 95% of the time and with Sportsbet) that you enter the stake not returned amount into the calculator.

      Yes, you can use Betfair as the betting exchange for all the matched bets you place regardless of what bookmaker you are trying to get a bonus from.

      If you need odds you can just email me and I can find some for you, sometimes Oddsmonkey restricts the Australian bookmakers in their free trial. Just message me if this is the case and I can check for you.

  10. Steve

    Hi in the example step 7B im a bit confused. If i place a back bet of $50 on sports bet at $1.75. And place a lay bet on betfair of $38.88 at $1.76 the two outcomes are as follows.

    If Sports bet wins i get $87.5 including my $50 bet so im in the positive by $37.5. I then lose $38.88 on betfair and im down $1.38. Makes sense.

    However if the lay bet wins i get 38.88×1.76 = 68.42 including my bet. So im now in the positive by $29.54. I then lose my $50 bet with sportsbet and im in the negative $20.45. Am i missing something.

    1. Author
      Dave

      Hi Steve,

      I entered your odds and stake ($50) into the calculator. In your example, you are placing the wrong lay stake. If you are placing a qualifier bet of $50 on Sportsbet at the odds 1.75 and laying at odds of 1.76 the calculator tells us that the Lay stake required:$ 51.17

      (not $38.88 as you mentioned, this is the liability amount you need in the exchange, not the lay stake as mentioned on the calculator)

      Placing your back bet @ $50 and lay bet @ $51.17 will leave you with a qualifier loss of $1.39 no matter the outcome of the game and you would then be able to use your $50 bonus bet to turn into a $35+ guaranteed profit.

  11. Barry

    Hi Dave

    Thanks for explaining all of this. I’ll give it a go for sure and let you know what happened.

    Barry

    1. Author
      Dave

      Hi Barry,

      No problem at all mate, just remember to take it slow the first time you do it and make sure you understand how it all works and you will be fine. If you have any questions or have trouble finding close back/lay odds just let me know.

      Talk soon,

      Dave

    2. Rochelle

      Hi Barry – how did you go? I stumbled across this yesterday and are completely confused!

  12. Joel

    Hi Dave,
    Is this only available for first time users on sports bet? I.e those applicable for sign up bonus bets?

    Joel.

    1. Author
      Dave

      Hi Joel,

      If you already have a Sportsbet account you can move on to the other free bonus bets from the rest of the online bookmakers. The reason I use Sportsbet in my tutorial to start is because it is the easiest to complete. However, once the sign-up bonus bets are complete you can keep making profits with all the bookmakers.

      We do this with the weekly promotions they offer. They are posted in the Facebook group. If you want to get involved let me know at Dave@MatchedBettingOz.com and I can add you.

      Best,

      Dave

  13. Janet Travis

    Hi Dave,
    I cannot find any Australian sites on Oddsmonkey oddsmatcher, I presume I cannot sign up to any of the UK bookies (or can I ? ) The free version only gives 2 UK bookies, any advice to give me Dave.

    Janet

    1. Author
      Dave

      Hi Janet,

      To do this in the UK you would need a UK proof of address to verify with the bookmakers. Regarding the 2 bookies available with the free version. This is only the case on some free accounts and hopefully it reverts back soon.

      In the meantime if you have trouble finding close odds to place your qualifier bet just let me know at Dave@MatchedBettingOz.com and I can help you.

      TIP:
      A good way to manually find close back and lay odds, go for the AFL/NRL games, you can always find very low qualifier losses with these. Then to get the profit from the free bet the EPL (English Premier League) usually has good close back and lay odds to get a guaranteed 70%+ profit on your bonus bet.

      Talk soon,

      Dave

  14. Sam

    Hi Dave,

    I was using the odds matcher today and when I limited my search to sports bet nothing showed up. Does this mean there are no matches available??/

    1. Author
      Dave

      Hi Sam,

      If you have trouble finding close odds to place your qualifier and bonus bet just let me know at Dave@MatchedBettingOz.com and I can help you find a good game.

      TIP:
      A good way to manually find close back and lay odds, go for the AFL/NRL games, you can always find very low qualifier losses with these. Then to get the profit from the free bet the EPL (English Premier League) usually has good close back and lay odds to get a guaranteed 70%+ profit on your bonus bet.

      Best,

      Dave

  15. Jacob Paterson

    Hello, do you need a new email address every time you want to try this again? How do you continue to receive the match bet?

    1. Author
      Dave

      Hi Jacob,

      Only one email address is required, once the initial sign-up bonus bets are complete from all the bookmakers you can keep making profits. At this stage, you should be up about $2000+.

      We then use the weekly promotions they offer. They are posted in the Facebook group. If you want to get involved let me know at Dave@MatchedBettingOz.com and I can add you.

      Best,

      Dave

  16. Ntobeko

    Hi Dave

    I’ve just moved to New Zealand from the uk. Are most Aussie bookie promos open to NZ residents as well?

    Cheers mate

    1. Author
      Dave

      Hi Ntobeko,

      The best thing to do is jump on the live chat feature on the bookmaker website and confirm if members for NZ can join. If so then the process will be the exact same.

      Best,

      Dave

    1. Author
      Dave

      Hi Eddy,

      Essentially any country that has an online bookmaker awarding free bonus bets you will be able to do this. I do not know if this is the case in Uganda.

      Best,

      Dave

  17. Andrew

    Hi Dave, I understand the mechanics of this system. What I don’t understand is what do you do when you bet your first free bonus. Do you get other bonuses every time you bet? Cheers Andrew

    1. Author
      Dave

      Hi Andrew,

      once the initial sign-up bonus bets are complete from all the bookmakers you can then focus on sustaining profits each week. At that point, you should be up about $2000+ in profit from the sign up bets.

      We use the weekly promotions they offer. They are posted in the Facebook group. If you want to get involved let me know at Dave@MatchedBettingOz.com and I can add you.

      Best,

      Dave

  18. Jamie

    Dave, I’m from the U.S. and have a couple questions. Is this legal in the U.S. and if so what sites do you suggest?

    1. Author
      Dave

      Hi Jamie,

      As of now I am only knowledgable about the Australian and UK markets. This method would however work with any bookmaker that lets you sign up and that offers promotional and bonus bets.

  19. Mick

    Hey just curious. If i put a soccer bet on. Team a to win back bef and team a to loose lay bet. If team a and team b draw i loose everything right?

    1. Author
      Dave

      Hi Mick,

      After you bet on team A to win with the bookmaker, on the exchange you are then betting that team A will simply not win the game.

      The difference here is that this covers any outcome that involves team A not winning. So both a Team B victory or a Draw

      I hope this clears things up a little, the lay always covers the other possibilities of the outcome of your back bet so no matter what the outcome of the game you do not lose your initial deposit.

    1. Author
      Dave

      Hi Pedro,

      Anywhere you can place online bets with promotional markets or get a sign up bonus the same method would apply. Personally I don’t have experience with the US market, just Australia and the UK but there is not reason it would not work if the bonus offers are similar.

      I hope this helps,

      Dave

  20. Jack

    Whenever i press ‘find bets’ on freebets4all auto matcher, it redirects me to the Sportsbet homepage. Why?

    1. Author
      Dave

      Hi Jack,

      This is just them using the pop of to make money from advertising on their website. It should open in a new tab so so you can just close it down and continue to use the oddsmatcher.

      Alternatively Oddsmonkey have recently added some Australian sites to their oddsmatcher and its free to use. There is no need to sign up for the paid version to use it.

      http://www.oddsmonkey.com/OddsSearch.aspx

      Hope this helps,

      Dave

  21. Ben

    yeah sportsbet flat out refused me from WA. and said i had to use the account with my own money to get any future bonuses

    1. Author
      Dave

      When this happens it is important in future to not deposit before you are guaranteed a bonus as mentioned in the article, if it not awarded straight away then after some back and forth their marketing department will usually email you something. If you need any more help with this in the future you can email me Dave@matchedbettingoz.com

  22. Darren

    Hi,
    Have been looking into this & was keen to make a start on it, I live in Victoria-Australia, and every betting site I go to to sign up & get the bonus bets says in the T&C’s that it excludes Victorian residents ?
    Is there any way around this ?

    Cheers

  23. Sean

    Hey mate thank you for this method I’m going to try it soon I’m broke and need to start getting some money in (I have a few medical problems and can’t work at the moment) for my family may I ask if there is a video tutorial for doing this as I do not want to screw it up? Thank you for your time!

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