Has anyone tried making money with bookies sign up bonuses?

Basically you go to three online bookies as new customers, plonk for example £5 on each and get a £20 free bet on each. You've spent £15, but you can then go to a given football match and place a £20 bet on win, draw and lose across the three sites - so you're guaranteed to win something. And if you put your £5 bets on an earlier match on the same principle you're guaranteed at least a fiver in your stake back plus whatever winnings from the winning bet.

Anyone ever tried it? Do you actually profit or am I missing something? Obviously it's a one time thing, as when you've used the sign up bonuses you can't repeat.

 

Aren’t winnings from sign up bonuses notoriously hard to withdraw? You normally have to stake between 10 and 100 times the bonus amount before you can withdraw any winnings from it. I’ve done sign up bonuses from Quidco as in spend a fiver as a new customer and get £50 cashback. I’ve purposely turned down all sign up bonuses though so I could withdraw any winnings from my sign up fiver and the £50 cashback is guaranteed.

 

There’s websites dedicated to this, have a search and it will all become clear (as mud probably) , basically you’ve got to follow pretty much to the letter and be prepared to register lots of email addresses and cards. You can win big if the long odds bet comes up but typically it’s a few quid.

 

Yes. I started this a few years ago but was difficult to have time. I started again last week.

I go through www.profitaccumulator.co.uk, they do a free trial over 3 bookies and it explains it there. After the free trial you can pay monthly or as I have just done pay £150.,

If you have a bit of spare time on a day or night and want to earn relatively easy money, then i recommend it.

 

Yes. Made some decent money, but the offers don't seem as good nowadays. Typically, you lose on the first bet but win 60-70% of free bet. Trick is to make your winnings on the first bet bigger than your losses on the second. You get money from the signup bonuses, then more from regular offers at the main bookies and bet against them at other bookies/exchange.

 

It's all here. You don't need to subscribe to anyone, it depends how spoon fed you want/need it to be.

https://www.savethestudent.org/make-money/what-is-matched-betting.html

 

i use oddsmonkey. can make some good money from it ive earned over £500 since January but it takes time and luck in some cases.

basically you bet and lay, if you bet a tenner on the sign up offer and lay a tenner you may lose £1 but then you get £10 free bets which then you do same again and you'll lose £1 of the free £10 which will be £9 profit -£1 from the initial bet so 80% interest.

casino offers are good too,if you want to sign up to oddsmonkey let me know and i'll send you a link (affiliate link) which you can cancel as your not in a contract.

there is profitaccumulator teamprofit matchedbets, and plenty of others but i prefer oddsmonkey.

a bloke has just past £70k in 2 years and is a full time teacher (no proof like)

 

check out mike cruickshanks bonus bagging/ profit maximiser, i,vr been doing it just under 4 years and dne very well out of it...

 

I used to do it with Profit Accumulator.

It works, but it it requires a lot of thought and recording of what you've done as you are opening so many accounts with so many betting firms you can get lost with what you've done.

I gave it a go for a couple of months, made a couple of hundred quid and then quit so I could have a social life.

 

I did same as Rosco, made about four hundred quid. You need a Betfair or s markets account where you can lay bet (bet on something not to happen) then open a different account with a free bet and then lay it. Don't bother with bookies who you have to bet it over and over. Also remember paddy paddy own Betfair and realised what I was doing and shut my account and kicked me off promos on Betfair. Eg open an account with Betfair and one with bet365. Put a £20 free bet on manure to win tonight and then lay it on Betfair for 19. If manure win you've won a quid. If they don't you won £19. Also you can partially cash out on Betfair so if manure go two up, cut your losses .also remember it happens more with horses and F1 , but if you can lay at lower odds than you can back for, do both and you win either way

 

Yes mate I’ve made loads over the last 18 months from it and the offers afterwards. PM me if you want any info.

 

If you want to make proper money you need to sign up to Oddsmonkey or something similar in my opinion.

 

Well worth trying something like profit accumulator just for the free trial, you don't have to give bank details and are under no obligation to continue if you don't want.

 

That Save The Student site does all the calculations for you and finds the latest offers for diddly squat though.

 

Finding matches is the hard thing though and Oddsmonkey has the ‘Oddsmatchee’ which you’ll need to find the best matches. I’ve made thousands from matched betting since November last year but have given up now as every decent bookie has blocked me from offers. Happy to share info on PM if anyone wants to know how, it’s not a get rich quick scheme but with the knowhow and effort there’s money to be made.

 

That Save The Student site has an oddsmatcher tool as well. Scroll down and have a look.

 

I should say Nov 2017 not last year

 

Ahh ok didn’t realise that, can’t get it to work on my phone so can’t see it properly but assume it does the same thing. There’s loads of guidance and stuff on Oddsmonkey which i used a lot of.

 

Thanks for the input guys, much appreciated. Think I'll give it a whirl

 

Made £10k on this. More than happy to give any help if needed, feel free to PM. Oddsmonkey is good but charges for their services. I’d recommend matchedbettingblog.com if you want a free dabble.