Day 2 of my Bonus Bagging trial begins with a look at my bet from yesterday.
There were goals in the match between Anzhi Makhachkala and Lokomotiv. My PaddyPower bet therefore won and my Betfair lay lost.
PaddyPower Balance: £21
Betfair Balance: £63.64
Profit Total: -£0.36
Carrying over from placing my £10 qualifying bet at PaddyPower, they have awarded me the £20 bonus.
Time to turn it into profit! I log back into Bonus Bagging and hit ‘Claim Free Bet’.
Through the link provided, off I trot back to the PaddyPower web site to duly place my free bet.
Finished! This bet will not settle until the match is played on Thursday, but in covering all outcomes I know that regardless of whether Hoffenheim and Kaiserslautern draw or not, I will have made £14.05.
Profit Total: -£0.36 + £14.05 = £13.69
Let’s keep going. I request a new bet from the bonus bagging service and receive a new email:
The email is a no-deposit offer from Skybet. After signing up they will give me a completely free £10. I placed it as per the email on the draw between Sarpsborg and Valerenga at odds of 3.25. I can then head back to the email and click the link to lay the bet off:
This match finishes tonight but the result doesn’t matter. I already know I have profited £6.34.
Profit Total: £13.69 + £6.34 = £20.03
Day 2 of my bonus bagging trial concludes and between the two days I’ve made £20 for about 20 minutes work total. That’s about £1/minute. Not bad!
Ready to start bonus bagging yet? No? Check out day threes report of my matched betting experiment.
Day 3 link = 404 error
Hi Dave: Thanks for pointing that out. I’ve fixed it now.
Hi Chris
I have read your review but I can’t see how you made money on the bet fair site of £14.05.
When it cost you £14.05 to place the bet
All what has happened is you have got your money back
Can you explain this
Regards
David
Hi David.
You have to consider that on this occasion I am betting with the £20 PaddyPower bonus money and not my own!
All I am basically doing is cycling the money through a bet in order to be allowed to withdraw it.
So yes you’re right that it look like I’m placing £14.05 to get it straight back again. But essentially this is money I didn’t have access to before!
I hope that makes sense?