Bonus Bagging Review – No.1 Matched Betting System for Newbies

Bonus Bagging Review, Feature Image

Estimated Reading Time: 14 minutes

Bonus Bagging is probably the most newbie friendly matched betting system & our Bonus Bagging Review Will Enable You To Judge If Your £1 Trial Investment Is Worthwhile!!

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Bonus Bagging Review

What’s Bonus Bagging?

Bonus Bagging is a matched betting subscription service, which is probably the Most Newbie Friendly System, because you are effectively instructed in One To One communication style.

Bonus Bagging is created by Mike Cruickshank who also produce Profit Maximiser. This system is being Top Rated in many money making review sites with the following average earnings generated by the system;

Average Profits:  £3 – 4,000+ for the new account (using sign-up free bet / bonus) & £200  –  400 for existing account (using reload bonus) every month (for over £1,000 / month income from the reload bonus, there are 3 other excellent choices, see at the bottom).

Allow us to re-emphasize Newbie Friendly because you don’t need any knowledge about the Matched Betting or even Sports Betting itself due to the No Brainer Process Mike created & implement for you. The choice of bookmaker, odds to bet & the size of each bet etc are all guided by Mike and sent by e-mail to you, namely spoon feeds process.

Matched Betting – What’s It?

BTW, what’s matched betting? For those who are not familiar with the Matched Betting, suggest you access to: Matched Betting For Dummies.

However, let me briefly explain how it works by using William Hill Welcome Bonus. William Hill offers to new players “Bet £10 Get £30 Free Bet"william hill sports welcome offer“Bet £10 Get £30 (3 x £10) Free Bets"WH Sports Sign-Up Page

What we do are;

  • 2 transactions of Back (bet on win) £10 on Team or Player A at William Hill & Lay (bet on NOT win) appropriate £ (stake can be calculated by free software) on the same Team or Player A at Betting Exchange like Betfair so that you cover all outcomes.
  • Regardless of the outcome, your losing & winning will cancel out each other. In the real practice, usually, 2 bets are not perfectly offset due to the odds difference & exchange commission. Therefore you make a small loss called Qualifying Loss.
  • But now, you get £30 (£15 x 2) Free Bets. You repeat the exact same process but using the free bet for the back bet at William Hill. Then, this time free bet value (minus qualifying loss) will become your net profit.
  • You may be able to extract around £22-25 pure profit from this offer.
  • Success factor is how to minimize the qualifying loss by selecting the player whose odds gap (between William Hill & Betfair) is the narrowest. You can use Free Odds Matcher to locate such opportunities. For the detail step-by-step process, take a look at Free Matched Bet Starting Guide (2) – How To Sign-Up & Place Qualifying Bet. We use this William Hill sign-up bonus as an example in this instruction.

BTW, many people imagine matched betting is for only UK & Ireland, wrong, by using this approach everybody in the world including US citizens can make decent profits from this risk-free betting technique.

Betting Exchange

As you see in the above process, betting exchange is essential for matched betting.

There are 4 established betting exchanges as below; 

And, in case you are not familiar with the betting exchanges, the below 2 documents will be of good help;

In case you have not had any betting exchange accounts, this guide shows all top 4 betting exchange latest sign-up offers & how to extract cash risk-free from each offer including Betfair £100 Free Bet, which is supposed to be one of the best offers in the industry, just FYI.

Anyhow, for those who have not opened SMarkets or not even a single bet exchange account, I prepared a step-by-step guide for your quick start. You can effortlessly extract cash from its sign-up bonus of £10 Risk-Free Bet. Actually, this is one of the easiest offers to lock-in profit in the industry. Please click “+" mark to open the instruction;

SMarkets Sign-Up Process with Screenshots

Please follow the below process, which takes less than 10 minutes to complete;

Update & Confirm T&C (Terms & Conditions)

  • Firstly, Go To SMarkets Front Page confirming the availability of £10 Risk Free Sign-Up Promotion

Bet Exchange SMarkets Offer Check

  • Read welcome bonus T&C. I know it’s a boring stuff but never try to save time by skipping it to avoid any unpleasant future surprise;
Bet Exchange SMarkets Bonus T&C
Click To Enlarge

Simple Sign-Up By Filling Information

  • After confirming the availability of the offer & reading the T&C,  click “Start Trading"

Bet Exchange SMarkets Signup Front Page

  • Fill-in the required information related to Account, Personal Information & Deposit;

Bet Exchange SMarkets Signup Account Page

A Few Key Points

  • For the deposit method, suggest use Visa Debit card if possible. Because depositing by Mastercard or credit card incur a 2.5% deposit fee, bank transfer takes a few days. Importantly, Skrill & Neteller deposits are not eligible for the £10 bonus.
  • Account Verification. You will receive the below e-mail to verify account. Suggest you do it as quickly as possible to prevent any future transaction delay;
    Bet Exchange SMarkets ID Verification
    Click To Enlarge
  • That’s it. You’re now ready to place lay bets to construct matched betting once you sign-up the bookmakers.
  • If you are not familiar with how to start matched betting, see how to place qualifying bet.

How To Extract Cash From The Offer?

As said, SMarkets signup offer is probably the easiest one. Because you don’t have to do anything. SMarkets will refund your first £10 loss. Yes, even you win thousands of £ before you lose £10, SMarkets will refund that first £10 loss. So, just keep doing the matched betting, and whenever you lose £10 for the first time in SMarkets, you will be refunded, and as you’re aware it’s your profit.

Some Good News

  • Very simple, isn’t it? SMarkets & all other bet exchanges I list in the betting exchange guide are fully licensed & regulated by UK gambling commission. And they all register in IBAS – Independent Betting Adjudication Service, thus you can let IBAS resolve when you face any problem with them.
  • Remember, any income from the matched betting are Tax Free in the UK / Ireland as long as it is not considered as your main source of income.

In case  you can’t access to any betting exchanges in your country, then don’t worry use this method, which enables you to access to Betfair market.

Bookmaker Sign-Up Caution

BTW, Matched Betting is all about making the best use of bookmakers’ promotion, thus you need to open up bookies account as many as possible.  All online bookies are in fierce competitive situation thus advertise tasty offers to attract your sign-up. However, Don’t sign-up directly. 

Many punters overlook huge Cashback Opportunities and open up bookmaker, casino & bingo account directly. Stop doing it, you can earn a lot of risk-free cash while receiving the gambling sites’ own sign-up offers & bonuses. We have separately prepared  Betting Cashback Websites – The Ultimate Guide To Be Always Better Off, where you will find how to collect £2,500 cashback all together. So, from now on, Never Ever Sign-Up Any Gambling Accounts Directly Before Checking the Availability of Cashback Offer stated in the above document. 

 

Bonus Bagging – How does it work

Bonus Bagging Process

After you sign-up Bonus Bagging, you will access to the members’ only website where you can find & request a bet whichever you fancy anytime between 7am and 10pm each day. Mike will get back to you by email usually within a few minutes. You will find very precise instructions explaining which bookmaker to use, how much the offer (odds) should be in which events even with a link, and when the bet settles then how you claim the free bet in the end. Simply, repeat this process over and over to keep earning profits.

So, if you feel uneasy to go into matched betting by yourself, this is the perfect system because you’re always guided by Mike in effectively One To One Communication manner.

Free Services

 Mike provides a few free services, which I used in my various Guides & Instructions namely;

OddsmatcherBonus Bagging Oddsmatcher

Matched Betting CalculatorBonus Bagging Matched Betting CalculatorThese free services are very high quality, especially for oddsmatcher. There is no longer free service in the industry other than Bonus Bagging. If you subscribe the Bonus Bagging, this Oddsmatcher will be upgraded like more frequent update of the matching information which is critical for matched betting.

Key Unique Advantages

  • Broad coverage of bookies: In case you already opened & used up the bookies sign-up bonuses, Mike will provide you with something you have not been aware of.
  • Reload bonus alert: Bookmakers offers free bets to existing customers which probably many of you have missed unless you regularly check your bookmakers accounts. Mike ensures this doesn’t happen as it acts as a reminder service for you.
  • Cheap Price: a one off payment of £27 + VAT for lifetime email support, which you can recoup within a week after you subscribe.
  • Guaranteed Refund: Payment is via Click Bank that assures you Unconditional Refund for 60 days – they will not require to explain anything for cancellation & refund, so actually it’s equivalent to 60 days Free Trial.

£1 Trial Link

On top of it, I will provide you £1 Trial Link for you to make trial for 1 week with £1, no brainers, try it and if it doesn’t fit you, just cancel before the end of the 7 days; Bonus Bagging 7 Days Trial Icon

 

Matched Betting Package Service other than Bonus Bagging

Advanced System

If you want to make extra money seriously from matched betting (say over £1,000 every month on the side), you may want to consider Matched Betting Premium Subscription Services. The top 3 in the industry are Profit Accumulator, Oddsmonkey & Profit Maximiser. One of the benefits to use them is 0% Betting Exchange Commission thanks to their partnership with SMarkets, Matchbook & Betdaq. Only with this, you can cover years of their subscription fee. When it comes to which service you should take, check our Comparison of these 3 services & software, which will help you decide the best fitted one to you.

On the other hand, if you’re seeking premium matched betting service including sophisticated ACCA software, the below 3 are the current best choices;

 

Bonus Bagging Conclusion

For UK & Ireland players, especially for newbies, it’s obviously a Must Try programme based on the above Key Unique Advantages. Suggest you start NOW – in case you don’t need 7 day trial but purchase permanent service, in any case you’re protected by 60 Days Money Back Guarantee. 60 days is unusually long period in this industry, which proves Mike’s confidence on the quality of service;Bonus Bagging 60 Days Money Back

Hope these will help you make extra money on the side every month.

Joshua Walker

PS

Once you started matched betting in sports betting, casino offers may become your additional interests. But remember, unlike matched betting casino bonus hunting is not risk free, suggest you take a look at 5 Most Profitable Casino Sign Up Methods – Stay Away From No Deposit Bonus.

Then you will notice that many offers require Slots machine to use such as Get 50 Free Spins. Mike has launched very useful tool.

EV Maximiser – Slot Machine Mathematical Bet Simulator

When it comes to the Casino Bonus raking, we use EV (Expected Value) concept to evaluate if particular bonus offer could be profitable. For further details, suggest go Beat The Casino Bonus Instruction Index where you find a list of our casino bonus instructions. The most relevant strategy is Mathematical Bet where I talk about Mike Cruickshank’s product, which is an excellent simulator called EV MaxmiserMathematical Bet, EV MaximiserClick the above image then you will be navigated to the video Mike explains about how it works. In short, it does all the calculations to work out;

  • The estimated value
  • Chance of busting
  • Profit per hour and average amount of wagering complete
  • A slots machine database with over 800 machines including the house edge and variance level of each game

Again, don’t forget this is an advanced strategy with high risk, so unless you feel comfortable, put on back burner.

Good Luck!!

Joshua Walker (bio

Editor – Global Extra Money (GEM)