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This is nothing new. Now, you KNOW that somewhere among the offers you can access, a winner is waiting. After paying visits to several websites, setting up your matched betting calculator — you think you have the answer. Or do you? For all your work, you may end up with little or nothing! Does that sound like a good use of your time? By following the offers on the Profit Maximiser site, you can set yourself up for a nice return on your efforts.
Most folks have better things to do with their time. No one wants to ignore the things that they need to do including spending time with loved ones. Sounds too good to be true? Well — check out the Wikipedia definition of matched betting:. How does that sound? With the use of the software mentioned in this article, you will be on the road to placing the proper bets — minus the lengthy research and calculations that one would normally have to deal with.
All of this hinges on the fact that Internet bookmakers are involved in a highly competitive market. The really strange part is that most customers never really make any money when it comes to taking advantage of these freebies. Does this sound like a good way to make a consistent living? This means that you can make a decent risk-free profit from each free bet that you make!
Now, you can use the help of a betting exchange in order to set up another similar bet on another draw in a football match, designed to lose only a small part of this now increased betting bank. So, what does this mean? Not only that. But you can use our software in order to find the best selections and it will calculate the best stakes, as well. Does this sound like how to do matched betting? Here is a real-life example of a matched bet.
The selection was discovered by a matched betting software entry and it automatically calculated the needed stakes. The qualifying selection is Malmo in their match away to Sundswall. Because the odds have met the minimum requirement for evens 2. Also, the event was only short while off. In this case, after close inspection, the free bet is awarded when the qualifying bet is settled.
Then, the information calculator is activated. If I go along with the recommended stakes, I will lose either 77 or 78 pence based on the outcome of the event. In order to cash the free bet, I chose Georgia at home to Turkey. All of this is from the qualifying bet loss of 78p. Of course, as I mentioned in the previous example, using a good software program is essential when it comes to the best method of how to do matched betting easily and efficiently.
With Bonus Bagging calculator and Odds Matcher , you will have free tools at your disposal with over 50 bookmakers. There is no comparison to the odds matcher. And guess what? Another advantage comes in the form of Profit Maximiser. How would you like to have all your bets managed for you. So you can avoid:. If you want to know how to do matched betting correctly, you need to have this type of software backing you up!
Imagine generating significant cash in your spare time! As far as assistance goes, you will literally be looking over my shoulder as I show you how to make your first profit with this program. What can you expect from you Profit Maximiser experience? This is designed to make you enough to pay for the full membership fee — as fast as possible. In conclusion, you have a risk-free system with support software waiting for you in order to earn cash — right now.
There is no reason why not to give it a try and see for yourself. I am British. I am moving to Thailand soon. I have a UK bank account but no UK address. Does this mean that I will not be able to open accounts with UK bookies when in Thailand. I understand that I will be able to open a Betfair account no problem.
Is this correct. Would appreciate your advice Chris. Your biggest problem is going to be the UK address. But surely if you have a UK bank account then they have a UK address on file for you? If so — you could register that address with you bank account and consequently use the same address for any websites like bookmakers you sign up to.
Decided to spend a few euros over the weekend I live in Spain and phone some bookies helpdesks. BB is not going to work if you live outside of the UK or Ireland was soon confirmed. Interestingly I also spoke to Betfair who told me that they have no restrictions on opening accounts from Thailand. Seems I need to find something as good that I can use solely on the exchanges. Very interesting Trevor re: Betfair in Thailand.
I learn something new every day. It looks like trading might be an option for you then? A site here is avialable for me to bet in pounds such as betfair. Bonus Bagging itself has been extensively explored on this site through the review, trial and videos. If you have a particular concern then of course feel free to raise that and I will address it for you.
I read somewhere that this system will work very well from Sweden. Is that true? A VPN tunnel should enable all the world to use this system. You need the residential address and bank account to go with it. Im really Interested in this bonus bagging,my only problem is over the years i have probably signed up to all the major betting companies and not so well known ones,will i still actually make much profit as ive had most of there initial sign up bonuses?
Hi Paul: That could pose a problem. Download the free matched betting eBook from this site to familiarise yourself with how the process works. Take a look at this. Paul: Your statement is true but not normally the reality. That would only become a factor if you were requesting the lay odds and thus waiting for somebody to match them. In short: somebody else is looking for someone to match their bet you and not the other way round. Still confused? No im not confused now,i guess you just make sure someone is laying already at betfair before you take the odds at the bookies.
Hi again chris,where do i find your spreadsheet again,im just trying to work out some fake bets using a website and betfair to leanr how to do these confidently before probably purchasing one of the products… im sure yesterday i saw a video of you explaining the spreadsheet but not sure where i saw it now. You might be referring to the walkthroughs on my Youtube channel? Quick question, how is bonus bagging tax-free?
Presumably the profits go into your account and is therefore liable to tax? Andy: Of course. It is not recognised a taxable 'income'. Hi, iv never bet in my life and havent a clue about lay betting etc do you think i would be able to do this if i have no idea at all about odds, bets etc?
In fact I know many others with zero betting knowledge have gone before you. The great thing about Bonus Bagging is is it does all the calculations for you. You just need to follow the instructions and place the bets.
Get involved. But take things very, very slowly. Do ONE bookmaker at at time. Let the bets settle. Withdraw what you need to and then move on to the next. Kind of like that first week in the office of a new job. Thanks Chris as was only because I found your site whilst googling about something that I ever heard of bonus bagging. Hey Paul: Superb results. I have tried all the usual methods, surveys etc and lost money because there is always a catch somewhere.
This is my last resort. Do you think I would be able to do this Bonus Bagging being a complete newbe. Not knowing anything as I said, do you think I could do it??????. Hi Lin: Bonus Bagging is designed to make matched betting as simple as can be but you would still need to become comfortable with using bookmaker and betting exchange websites.
Can you do it? Many people found and use Bonus Bagging having very little knowledge of placing bets before. Read the literature, watch the videos again and again and read my downloadable guide on matched betting you can find on the right of this page to understand how it works. Just take things very, very slowly. One thing I might say — although you may think I have no right to comment on your personal finances — if you are talking about short-term borrowing money to be returned with high interest to pursue this I would strongly advise against that.
You will always be chasing your tail repaying that with any earnings from this. Bonus Bagging can provide a solid, month-on-month extra income but you should manage any huge expectations beyond that. Thank you for your quick reply. I borrowed the money from a friend and he is not in a hurry for me to pay it back ,so that part is ok. I am now going to go to your videos and go over them until I am confident and understand them, which is very good advice thank you.
Would it be ok for me to contact you on here if I get stuck ,if so I think we may become good friends lol Thank you again Chris I really appreciate your help. Yes — feel free to email me from the contact form on the site though rather than leave messages here as it may get a little messy. Hey Tony: if I remember correctly you should only be advised bets when there is enough liability at the betting exchange to cover that bet immediately.
When you line up your bets get the bookmaker and betting exchange open in separate windows or tabs and make sure this is the case before you place either. You no doubt will find a lot more liquidity and less obscure markets when the World Cup begins and the new football season after that.
I am new to on-line betting and am intending to go with both programs on your and other recommendations. In short: no. Bonus Bagging covers a select number of bookmaker signup offers. Profit Maximiser targets an additional set of slightly more difficult bookmakers alongside bingo sites, casinos and spread betting firms. There is some overlap in the form of the regular reloads which are prominent within the PM calendar. Just open up the account you made during your BB exploits and plough on! Thanks Chris — that was the answer I wanted.
I have online accounts with a lot of the leading bookmakers. Is that a problem s I am sure I could not open second accounts. Hey Christine: Definitely start with Bonus Bagging. Chris my man, thanks for the great review. Have just purchased off the back of it through your link a few days ago.
Good man mate ;. Why if this system is so legit the web page looks like any other scam web? I would advise you read my eBook on matched betting for a thorough understanding of matched betting works. It might clear some things up with regards to the method used within this product and allow you to see how a back and a lay bet can cancel one another out to lock in a profit or small loss for qualifying bets.
I recommend Bonus Bagging solely for UK and Ireland players but Clickbank is a global marketplace and you cannot to my knowledge restrict purchases from other countries. Not everybody pays the same level of VAT all over the world so the price fluctuates depending on the purchase location.
Remember that nobody is forcing you to place those bets. You can get a refund on the product before you ever even place a bet. Hey Derek: Pleased to hear about your profits although I am surprised you finished it all within a couple of weeks! Did you have any bookmaker accounts before you signed up? In any case — PM is a great progression on the method and you should be able to ramp is up quite considerably.
I just had a thought on this. What happens if your initial bet goes unmatched on the Betfair exchange? In reality the only markets you would be betting on are markets with enough liquidity to place your lay bet immediately. If you do find yourself having placed a bet and the lay is unmatched for whatever reason then you can tap in the new lay odds into the bet calculator and resize your lay bet according to the new values.
It contains step-by-step instructions on lesser known bookmaker offers as well as casino, bingo, spread-betting offers and so on. Is it possible to get the software at a later date or did I read somewhere it was included in the profit maximiser which I plan to buy with my profits. What are the chances you will have a review up for NEW dutching software from mike -which I got emailed about today- within a week? How much you can make from them depends on how much time you have available, your bookmaker accounts, the sporting calendar and a bit of luck.
Another question from outside of the UK. Do the bookmakers require you to verify identity by sending mail to your residential address. If you live OS but have a UK bank account and passport, can you use the system as effectively? Hi Jim: Not usually. They normally just require ID but more stringent ones might request a recent household bill as verification. Hi, just wondered if anyone is having issues with the site? Good stuff. I love this but I just wondered, is this all about new accounts or do bookmakers offer you free bets once you have signed up.
I am struggling with the concept. If you have signed up to everything does the bonus bagging stop or do bookmakers offer you free bets if you are a signed up as a customer. Continue with matched betting and your profits will far exceed what you earn from those combined. Hi Chris i am really looking to join up i have never made a bet before will this still work for me and if i need some help or guidance would i be able to ask.
Hey Steve: Have you read my eBook on matched betting? That should help clear up the process considerably so you would start with a fuller understanding of the mechanics behind matched betting. Beyond that Mike offers excellent round-the-clock email support across all of his products. Feel free to drop me a line through the contact form on this site also if you need to. Good luck with it! Many have started from the same position as you and are full-blown advantage play addicts today. Take it slowly and grow your confidence.
Hi Chris can you send me a link to your downloads and Ebook etc as I have extensive experience of betfair but I have never tried this bonus idea sounds wonderful. Are you yourself a reviewer or are you involved with Mikes sites? Also how long can you this for ie is there only so many offers then you have none left to do or can you continue month on month year on year etc. Also should I start with Bonus bagging or profit maximiser as very experienced with betfair although not this idea.
Best wishes Gary. Hey Gary: Follow the banner in the sidebar and confirm your email to get the download link. The long term profits come from scooping up all the reload bonuses as well as new account bonuses and various positive expected value advantage play offers of which there are a ton of. PM is an excellent tool for this. You can of course go off and find these yourself if you wish but in my experience having a bit of guidance in the beginning and learning the process quickly is worth the small outlay of the product purchase.
HI Chris. You still might be able to implement the matched betting technique in Norway but you will have to research and implement it manually to know what offers work would work for Norway residents as per bookmaker terms and conditions. But you can continue the formula of matched betting for years to come. I first started in … There is no maximum when it comes to matched betting as a technique.
It depends on how much effort you put in. There is so much to read through here so I apologise if this has been asked before. I do have some concern about the amount I would need to bet on each bet. How difficult is that and is there any more risk to that? Hey Martin: You are right that some bookmakers stipulate what is known as a wager requirement meaning you must cycle through the free bet and deposit amount a certain amount of times in order to withdraw.
It will notify you of any requirements that need to be fulfilled for a specific offer and you can still use the request bet feature to be sent instructions for what to stake on. Many sign-up bonuses are still only one play-through. The bigger bonuses often come with bigger requirements which will take you a few bets to get through.
You grow with the product basically — which is pretty cool. I am curious, im from the netherlands, is it great to use??? How can MIKE help me now? However — this product does have a day money back guarantee. If you are still within this period you can email support bonusbagging.
Ok, maybe its my mistake for being interested in this in a first place. I requested a refund and they are emailing me back changing it from refund to tech support…anyway il keep on trying to get my money back…. I am about signing up for Bonus bagging but I first want to open a separate bank account for it.
What are your thoughts about doing this please. How regularly are bank transfers required, would it be every time I place a bet? You will need an account with a visa debit card or similar in order to make deposits. Credit deposits are normally treated as cash advances by your bank and will begin compounding interest from the day the transaction happens.
Use debit cards only. Is this thing actually legit. Like with so many scams out there all with money back guarantees what makes this any different. Sorry to be skeptical but I have been burn many times in the past but as far as betting its something that I have never explored. Is this the real deal? This product is sold through Clickbank whom provide payment facility for a large number of pre-dominantly information products. Clickbank enforces a money-back-guarantee across every product that uses its platform.
If a vendor is not responding to your refund requests then you can contact Clickbank directly and force the issue. Mike is good to his word. As for the product itself — you would perhaps feel more confident in what it offers if you familiarise yourself with the technique it uses in order to create profit.
I have an eBook available from the sidebar of this site which details exactly how matched betting works. If you read through that a couple of times it should sink in how it is possible to bet on all outcomes and come out a winner by utilising bonus cash. Bonus Bagging is just an evolution of that technique in that all the research has been done for you and you need to just follow the instructions to lock in the bonus money without having to scour for odds and offers yourself.
And this really is just the beginning. Using these advantage play strategies there is a lot more money to be had. But understanding how it works to begin with is paramount to your confidence and progress. I have been doing bonus bagging for about a month now, but I am having trouble tracking how much profit I make. Typically what I do when I want to check my profit is add up my current bank balance I have a bank account solely for BB ,together with my Betfair current balance and other balances in bookmakers yet to be withdrawn, and then subtract my starting bank balance from this.
However, comparing this to the sum of the estimated wins included in the BB emails, there is quite a difference. Email me with more details if you like. I will start doing this now to make it easier to track. Also, does PM use matched betting techniques? My advice re: PM is just to take it slow and steady.
Watch the introduction webinar and then follow through the available offers in the order they are set out from the Start Here page. This is just a step up. But the rewards can be much, much greater. With regards to the casino and bingo site they are a different beast really. The idea is that the positive expected value means that over time any losses will be swallowed by your earnings. Again — read through it all carefully and only focus on these kind of offers when it is recommended to do so — beyond the easiest of easy bonuses.
Promotions are normally aimed at UK residents and you meet those requirements. I am a UK national living in mainland Europe and attempted my first Bonus Bagging bet a few days ago. My credit card is from the country where I live now and this seemed to raise a red flag with the bookmaker. My question is: if I used a UK-registered credit card which I can probably arrange fairly easily, as I only recently cancelled my old one , will this get me around it? Do bookies usually ask for proof of address regardless of the credit card used?
For instance — you could have won a large bet at the bookmaker and then been refused a withdrawal based on a non-verified account. Of course if you had been matched betting this would have meant you would have also lost that amount on the Betfair side, so you are overall losses would have been pretty substantial. Matched betting is meant to eliminate the risk from betting.
Trying to game your residency for sake of qualifying for bonuses to facilitate this incorporates a huge amount of risk. Thanks for the reply, Chris. I use an online wallet there and there seem to be no issues with using it outside the UK. I suppose one way to get around this would be to open up, say, a mobile phone account in the UK and send a copy of this bill if requested by the bookies. Everything would check out, unless they possibly got their tech guys to look into it really deeply.
I doubt the initial withdrawal would be of such an amount to make this worthwhile, though. Hi Chris. I have been pondering starting with profit maximiser but what is holding me back is the worry that it will result in my bookmaker accounts being limited or closed…. Is my concern well founded? Will PM make it more likely for bookies to close or limit my accounts. There are a plethora of bookies and gaming sites out there. If you end up getting an account limited then just move on to the next.
It happens. Bookies limit accounts of regular players too who are unprofitable for them. Hi Chris, Just a couple of questions from me. I have a friend who has used you to good effect. My friend says the bets recommended have quite low odds. Is this to remain under the radar with the bookmakers? Many thanks. Stake Returned free bets work better with low odds, Stake Not Returned free bets work better with larger odds like you say.
The other consideration is Betfair liquidity and liability. On the liability side such a bet is going to require a relatively significant balance to lay it off. By all means you have the funds to cover higher odds and see some that looks better there would be nothing to stop you running those odds into the calculator and taking those instead.
I am happy seeing all the comment but also sad, cus I am afraid of giving this a trial. Please can I give this a trial and see if it will work for me, I am from Nigeria. Once you have a completed a sign-up offer you just move on to the next one from a different bookmaker. Several years ago I had numerous betting accounts for arbing purposes eventually they all got shut.
I have changed adresss since then and bank accounts and e mail address too. If taking up the offers will the online bookies flag me up I stopped arbing about five years ago and have no current online betting accounts.
Also will you comment on how easy is it to withdraw your funds from online accounts once finished with the online betting accounts. D which if posted and not faxed meant it could take up to 7 days for the money from online accounts to hit your bank. Obviously if this money is your bragging money then it can or will slow the whole process down. To be honest the ideal is to alway win at Betfair and lose at the bookmaker. Hey Keith: The link to that is in my free eBook download. Hi Chris, just about to sign up this week.
Notice there is an offer on Quidco to get cash back with Betfair which is great. Do you lay with another bookie?! You could try another exchange such as Smarkets. Take a read over their terms and conditions to clarify. Just wondering how much time you would expect each day be spent doing profit master to achieve around 20k in a year which several have reported on here?
And would it require doing it every single day? To hit those kind of figures I would say you need to be doing it daily for a couple of hours a day. Of course results vary based on your own confidence, experience and ability to work through the offers quickly. I understand how this works and undoubtedly it can make money.
One question I have is whether once you have one some money on a bookie after the intro offer, you have to use the winnings again or leave it in there or wager a certain amount before you can withdraw it? Hope my question is clear. Some will require you to wager again to withdraw the money. Others will let you withdraw free bet winnings straight away. All this is factored into the Bonus Bagging service and you will be made aware of this in the email instruction.
Hi, how does this compare to Profit Accumulator matched betting site and is there any benefit in running both together? A few have been and gone over the past few years. I assume you only get one round with each of the bookies — which still would be a good earner — before the offers dry up?
Beyond introductory offers bookmakers also offer various bonuses to existing customers which we can make use of. And beyond them there are all sorts of different kind of bonus offers we can extract profit from — think spread betting, bingo, casino sites etc. Head on over to the Profit Maximiser review for some more details there. But definitely Bonus Bagging is the best starting point.
The problem is most of these offers are not as free as they claim. Basically the bookie makes you keep betting until you lose. Take this example:. Profit accumulated. Job done! Because I live in Germany and I am super interested. This is probably quite common given the free movement of EU passport holders. Once you have exhausted the intorductionary offers on BB I am fully expecting to then move on to PM , in regards to re-loads offers etc do you still use BB alongside PM, or will they clash?
Also, I have experienced the annoyance of waiting the 4 days for money to be withdrawn from a bookmaker and am looking into Skrill. But I have read that this may impact on the bonuses on offer? Do you recommend it being used alongside these products? Hi Lloyd: Sorry for the delay in all these comment replies. Anyway — PM works in tandem with Bonus Bagging.
Skrill is good but generally not accepted for sign-up offers. My advise is to just keep plugging away and build a bankroll which will help you with liquidity long term when waiting for withdrawals. Most matched bettors I know sit with a healthy Betfair balance full-time so they can take on whatever comes up at the earliest opportunity.
It can take a while to get there, but you will. Hi Chris — what is the normal method of deposit and withdrawal with bookmakers? Do they typically accept credit cards, or is a bank transfer required? Hi Dave: Debit cards are the norm. You should never deposit with a credit card because betting transactions are treated as cash advances which accrue hefty interest! Hi Dave: You should be prepared for it and have the required documents to prove it — i.
ID and utility bill or bank statement — yet it is only requested occasionally. What if you already have accounts at most of the bookmmakers. Would this system still be worth using as you wouldnt be able to use the sign up offers.
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I also have another method for cashing out some casino bonuses and even spread betting bonuses again with no risk to your money. Seems like hard work.. We will work out all bets for you. All you have to do is send an email and we do all the hard work! We tell you which bookmaker to sign up with, the amount to deposit, which game to bet on and what amounts to place on each income.
You have never had it easier! I can however show you how to profit from the bonuses and refund offers! I only use trusted bookmakers. I have tested every bookmaker to ensure that your card details are safe and that you get the bonuses honoured. These are all well known bookmakers. You can be online at any time of day. There is no rush to place the bets quickly. You can even place the bets sent at AM. Arbitrage using back and lay side is possible if a lay bet on one exchange provides shorter odds than a back bet on another exchange or bookmaker.
However, the commission charged by the bookmakers and exchanges must be included into calculations. Back-lay sports arbitrage is often called "scalping" or "trading". Scalping is not actually arbitrage, but short-term trading.
In the context of sports arbitrage betting a scalping trader or scalper looks to make many small profits, which in time can add up. In theory a trader could turn a small investment into large profits by re-investing his earlier profits into future bets so as to generate exponential growth.
Scalping relies on liquidity in the markets and that the odds will fluctuate around a mean point. A key advantage to scalping on one exchange is that most exchanges charge commission only on the net winnings in a particular event, thus ensuring that even the smallest favorable difference in the odds will guarantee some profit. They typically demand that this amount is wagered a number of times before the bonus can be withdrawn.
In this way the bookmakers wagering demand can be met and the initial deposit and sign up bonus can be withdrawn with little loss. The advantage over usual betting arbitrage is that it is a lot easier to find bets with an acceptable loss, instead of an actual profit. Since most bookmakers offer these bonuses this can potentially be exploited to harvest the sign up bonuses. By signing up to various bookmakers, it is possible to turn these "free" bets into cash fairly quickly, and either making a small arbitrage, or in the majority of cases, making a small loss on each bet, or trade.
However, it is relatively time consuming to find close matched bets or arbitrages, which is where a middleman service is useful. As many bookmakers require a certain turnover of the bonus amount, matching money from different bookmakers against each other enables the player to in effect quickly "play free" the money of the losing bookmaker and in effect transfer it to the winning bookmaker. As well as spending time physically matching odds from various bet sites to exchanges, the other draw back with bonus bagging and arbitrage trading in this sense is that often the free bets are "non-stake returned".
This effectively reduces the odds, in decimal format, by 1. Therefore, in order to reduce "losses" on the free bet, it is necessary to place a bet with high odds, so that the percentage difference of the decrease in odds is minimised. Shop arbitrage also known as sharbing or shop-arbing is the process of using a betting shop 's coupons and a betting exchange to create an arbitrage position. This is made possible because online prices change quickly to close these positions and betting shops are slower to change the prices on their printed coupons.
While often claimed to be "risk-free", this is only true if an arbitrage is successfully completed; in reality, there are several threats to this:. From Wikipedia, the free encyclopedia. This article needs additional citations for verification.
Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. This section is in list format, but may read better as prose. You can help by converting this section , if appropriate. Editing help is available. March Retrieved Expected Values and variance in bookmaker payouts: A Theoretical Approach towards setting limits on odds. Journal of Prediction Markets.
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