You’ve completed ‘all’ the bookie Welcome Offers. Now you’re thinking how to continue to make money. It may seem quite daunting but all you need to do is switch to the Bookie Reload Offers.
What are Bookie Reload Offers?
Simple, they are promotions offered by bookies to their Existing Customers. The next step on from Welcome Offers which are for New Customers.
How Much Can I Make from Reload Offers?
This will depend on a few things:-
Time
- How much time do you have? Only you can decide this BUT make sure the pursuit of Reload Offers doesn’t become an obsession. The best day for reloads is normally Saturday. That will likely be when you’ll want to give most of your time and make most of your profit
Number of Bookie Accounts
- How many bookie accounts do you have? OK, this is pretty obvious but account management is vital. The most important thing here is that if you open an account you then keep it unrestricted? In other words, don’t get GUBBED and pay enough attention to each account. Make sure you don’t just Match Bet but throw in a healthy dose of Mug Bets. Don’t underestimate this aspect – you can’t make any money from reload offers if your accounts are all Gubbed!
Finding Reload Offers
- Your ability to find Reload Offers. You will regularly receive emails etc from bookies advising you of their main reload offers. You’ll be able to find and complete the offers fairly easily. You won’t get notifications for many other offers. For these you will either need to go onto bookie sites or use a Matched Betting Service to check out each day’s offers.
Efficient Profits
- How much profit you make from each Offer. The key principle to Qualifying and Free Bets is to place efficient Back and Lay bets. You want to Lay at as low a price as possible to help maximise your profits. It is perfectly possible to manually identify Free Bet opportunities. But if you want to do so across a wide range of bookie offers then the most efficient method is to use software from Matched Betting Services.
To answer the question though, there are many matched bettors making an easy £200-300+ per month. That will be from reload offers while spending an average of an hour or so per day.
The more committed matched bettors will potentially make 4-figure profits each month. However, there’s a diminishing correlation between the time spent and profit made. I’d be very dubious of anyone claiming they consistently make £4-5k+ per month from reload offers.
Types of Reload Offer
There’s quite a range of different bookie reload offers. I’ll explain some and how to complete them.
This will help you make some easy money from Bookie reload offers and you’ll know how to find them manually. As I’ve said earlier, if you are serious about making money matched betting you should consider signing up to a Matched Betting Service. The money spent on the service should be quickly recovered. There will be offers which you might not find yourself plus the odds software to help you maximise your profits.
Bet X Get Y
Similar to a new customer bonus. An example is Skybet’s Free Bet Club with a weekly £5 free bet if you bet £25 each week. Paddy Power has a similar ‘Power Up’ weekly offer with a max £10 Free Bet
Horse Racing Money Back if Second (or 3rd or 4th)
Regularly offered on Saturday racing and big racing festivals. You get a free bet if your horse finishes second. The method is to back and lay a horse. It will ideally be one of the top 3 favourites in the betting and you’ll hope it finishes second.
If it does then you’ll have a free bet to profit from and if not you just take the small loss. The key to this offer is that you won’t win every time but over a period of time you should expect to make some good profits
Back a Winner at 4/1+ and get a risk free bet
A favourite of Bet365 on live ITV racing. The key here is to back a horse which is in with a good chance of winning. The Bet365 Back price must be 5.0 (4/1) or more and you must lay on an exchange at a similar price.
If the horse wins, you get a Free Bet on the next live race. So you need to make sure you keep track of the result in case you have a Free Bet to place. If it loses then you carry your small loss over to the next race. Ideally you want to use this offer in races with smaller fields (8 or less) and where the favourite isn’t a short price (3.0 or 2/1+).
Other bookies have similar offers. For example Virgin Bet pick certain races where the offer applies but you need to back a winner at 3/1+. However, always make sure you check the number of runners and favourite price to ensure you stand a decent chance of winning.
Money back if your horse doesn’t win
Not an offer you see that often but one to make sure you don’t miss! Easy profit to be made. You just need to back and lay a horse that is unlikely to win. This is usually only found at major festivals Royal Ascot or the Cheltenham Festival.
Beaten by a Length (BBL)
If your horse finishes second but within a length of the winner, you get a Free Bet refund.
Horse racing Extra Places
Extra place is a more advanced offer but often very profitable. You need a bookmaker paying 5 (or 4) places while the race typically pays 4 (or 3). You back a horse with the bookie and then lay them on the Win and Place markets on a Betting Exchange. If your horse comes 5th (or 4th), you will win your back and your lay bets for a great return.
Accumulator Insurance (typically Football)
A very common offer on accumulator bets on football matches. A free bet is given if one leg of the bet loses. The offer above from Paddy Power applies to all sports and all markets. This could also be used on accumulators on short-priced horses, tennis matches etc.
This is a little more complicated and very popular with more experienced match bettors. It’s for more experienced Matched Bettors and best managed using software from Matched Betting Services
Football Accumulator Boosts
You get a bonus when an accumulator Wins rather than when it doesn’t. Again, this is a little more complicated and very popular with more experienced matched bettors. The principle is that you can overlay your bets on the exchanges to guarantee a profit if the accumulator does not win or collect a Free Bet if it does. Best managed using software available through Matched Betting Services
Price boosts
These can be on any sport and are an easy way to make profit. You just need to lay off your bet at lower odds than you’ve backed. You can decide to lock in a guarantee profit regardless of the result. Alternatively, choose to under or overlay if you fancy the result to go a particular way.
Several bookies such as Unibet and William Hill give customers several ‘Bet Boosts’ each day. These let you decide which horse you want to boost the odds.
The key here would be to use odds searching software. You find horses where the Back and Lay odds are already very close. Then see if the Boost given by the bookie enables you to lay off at lower odds. As with standard bookie bet boosts you can decide whether to under or over lay on the exchange.
Bookie Reload Offers are changing all the time. Each bookmaker will introduce offers for particular sports, events such as football World Cup & Euro competitions – you name it the list is endless…..
Casino Reload Offers
Casinos can be a great source of regular income for matched bettors. It’s not an area I’d call myself an expert. I’d recommend signing up to a Matched Betting Service if you intend to get involved
What you can do without any risk at all is take advantage of FREE SPINS. From time to time you’ll receive emails/mobile notifications from bookies offering you free spins on their casino games. They hope you’ll move on to spend your own cash on the games.
So long as you keep your discipline then the free spins are well worth trying. It will only take you a couple of minutes. While you are unlikely to make much, it’s not unknown to win a few quid at a time.
Check the Terms – Then Check Them Again
Casino Terms
As with all these offers, you MUST ensure you read the terms beforehand. If you’re using one of the mainstream bookies there’s unlikely to be anything unreasonable in the terms.
As with the Sportsbook sites, there are plenty of CASINO & BINGO offers for new and existing customers. The terms can vary considerably from one site to another.
Offers include New Customer Deposit Bonuses and 100% Refunds up to a fixed amount. Understanding what this means and whether offers are worth doing is covered in detail by the Matched Betting Service.
With the CASINO & BINGO offers there is the potential to win some large, potentially life-changing, profits. BUT you could also spend hours and hours with very little or no return at the end. For example, any CASINO profits will usually need to be ‘played through’ multiple times before any remaining profit can be withdrawn. These deposit bonuses will often be things like 100% or 200% deposit matches up to £200, with anywhere up to 75 times wagering (so if you have a £100 bonus, you would have to do £1,000 to £7,500 worth of spins).
