Sport Bonus Money Making System

Introduction

Using the bonus systems on various sites, there is a fairly simple way for you to make money without any risk. The betting sites allow it since they don't lose money from it either. In fact, they gain just as much as you on it as your intention is to lose on their sites (more on that later). What you do is bet for something to happen on one site and bet on the opposite to happen on another site. What happens then is that you will be guaranteed to lose on one site and win on the other. If you had no bonus waiting, this would be pointless. But since you'll get a bonus from it, you'll actually gain quite a bit of money, often doubling your initial stake.

What you need to start

First of all, you will need an amount of money to start with. There is no way around this, you will need to deposit some of your own funds to get started. How much depends on which bonus you start with. Between €50-€100 will do, the amount doesn't really matter in the end but a higher starting amount will make it faster to gain the money. Don't worry, you will never be at risk to lose this!

Secondly, you'll need a way to transfer money between different betting sites. You can use a credit card but there will often be a fee for each transfer which deducts parts of your profit. What we recommend is Moneybookers. Moneybookers is a free and safe way used by millions of people to transfer funds between sites.

Go to Moneybookers ->

How to start making money

You have your starting money and an account with Moneybookers, what's next? Now you need to register on two separate gaming sites. To start with, we recommend a large betting exchange site such as Betfair and then a secondary site, any bonus on the sports section of this site will do, it is recommended to use a site that hosts a bonus that is the right amount for your starting budget and sports a 100% matching bonus. Remember to use the links and bonus codes from this site, else you will likely not be eligable for the bonus!

Next, you need to find a suitable game to bet on. The charm of using an exchange site is that you can bet both for something to happen (back) or for something not to happen (lay). For more information regarding lay betting, read the F.A.Q. which has an indepth explanation. If you still find the concept of a lay bet too confusing this can be skipped altogether. If so, proceed to the "Too complicated?" section below. To continue, try to find a game where the bet odds on one site is similar or higher than the lay odds on the exchange site (such as Betfair). Also, make sure the game will actually take place sometime soon, you don't want to have to wait for too long.

How to bet

So we have chosen two sites, we have found a suitable game, what's next?

Lets use an example. Say this is the game you've found.

Arsenal vs Chelsea
Arsenal to win (Back). Odds 3.0
Arsenal to win (Lay). Odds 3.1

Lay means you are betting for something not to happen, in this case you would be betting on Arsenal NOT to win.

So, how much should you bet on each outcome? Check the Back-lay calculator to the right. Enter the odds, 3.0 on Back, 3.1 on Lay. Change the Total bet value so that the Back 1 equals the bonus money you are trying to use or get. So if you have a €25 free bet, the Total bet value should be roughly 50. It then says how much you should bet on the Back side and how much you should Lay in order to even out the profit. The profit will likely show a negative value, try to find games where this is as low as possible. You will still make a profit due to having a bonus waiting for you, but it is best to maximize your profit.

Too complicated?

If you find the Back and Lay idea too confusing, you don't have to go that route, it just increases the amount of good matches to bet on. Otherwise you can just bet on the two separate outcomes of a game that only has two outcomes. Such as the winner of a tennis match. Use the 2-way calculator in the same sense as above then.

What's next?

Now, you'll have successfully won on one site and lost on the other (and gotten a bonus). Continue doing so until the account on the betting site (not the exchange site) is either empty or you have met all the requirements to withdraw the bonus money. The best way is to bet on high odds matches so you lose all your money on the site straight away, that way you'll get all the money added to the exchange site (due to winning there) and don't have to worry about any bonus requirements.

If you enjoyed the site, you should stay, otherwise you can jump onto the next bonus site listed on this page in order to obtain their bonus. This is an excellent way to find out which betting sites you like the most, and making a profit while doing so!

Who is the loser?

As any economist would tell you, in order for someone to gain money, someone else must lose money. So who is the one losing money in this situation? Obviously, you will be gaining money, the site you are getting the bonus from will also gain money as you are attempting to lose on their site. The exchange sites always gain money regardless of outcome, so who is the loser? The final result of your betting is that the odds on the exchange site will very slighlty change and some of the betters there may have worse odds (and some better odds, depending on what side they bet on). So the "loser" if you call it, is the ones betting on the same outcome as you on the exchange site, as their odds could in theory very slightly change.