Welcome to OzProfit’s comprehensive, independent bonusbank review.

Matched betting can be a confusing and difficult topic to navigate at first. Here at OzProfit, my mission is to make matched betting accessible to Australians across the country. By providing a comprehensive set of guides and simple tutorials, I hope to introduce people to the potential matched betting has.

Using free tutorials can be a great start to your matched betting journey. However, to make a significant long term profit you really need to use matched betting tools.

These tools are designed to help you find the optimum bets (increasing profit) in the easiest possible way (reducing time spent). If you’re new to the concept, our matched betting guide covers the fundamentals.

Bonusbank is an Australian matched betting service offering a comprehensive set of matched betting tools backed up by detailed tutorials and an active community. Since launching in 2017, the platform has grown from a basic oddsmatcher into a full ecosystem covering everything from beginner courses to advanced value betting.

This review will cover all the different features available with bonusbank and whether the service really can help you supercharge your matched betting profits.

Full transparency: I’m an active bonusbank subscriber and use their tools daily to place my own matched bets. My subscription is paid out of my own pocket. Links in this review are affiliate links — you pay the same price and I receive a small percentage of revenue. Everything below reflects my genuine experience, both the good and the bad.

Who are Bonusbank? Background & History

Bonusbank was started in 2017 by two friends Nico and David. They grew up together in Scotland but have since moved/travelled around the world, primarily on profits made from matched betting!

Nico is now based in Nicaragua making a full time living from matched betting profits, whilst David lives in Sydney after moving here in 2005.

They both discovered matched betting while it was still a relatively new thing in the UK, the same as I did. Between them, they have over 20 years of matched betting experience which really shows in the depth of their platform.

For years, Australia has lagged behind the UK on matched betting tools. This has historically made it tough to make long term profits, however this is exactly what Nico and David set out to change when they founded bonusbank in 2017.

They’ve clearly delivered on that mission. Bonusbank now holds a 4.8/5 rating on Trustpilot from 127 reviews, with 94% of reviewers giving five stars.

Bonusbank Features & Tools

I’m going to share with you all the key features of bonusbank, including their limitations, and how these can have a significant impact on your matched betting.

Some of these features relate to quite advanced matched betting techniques that I don’t cover on this site. However, this review should give you a sense of what’s possible!

Matched Betting Tutorials & Courses

Bonusbank host 12 courses available to members, each containing 5 - 20 individual pages of matched betting gold. These courses cover everything you need to know when building a fundamental understanding of matched betting.

Introductory courses are accessible for free so you can get a taste of the content before committing, with essential courses unlocked on Basic and full access to all 12 courses from Plus upward.

They’re also extremely useful for experienced matched bettors, covering advanced techniques and opportunities. Here’s the list of all 12 courses (grouping mine):

These tutorials do a good job of explaining the concepts of matched betting and cover all the necessary topics. There are plenty of worked examples, and they dive into all of the nuance / edge cases to be aware of.

As most of the courses are non-linear, you can run through them in any order and at your own pace, tracking completion as you go. It helps that they are always available as reference guides whenever you might need them.

In my opinion, I think they could do a better job of reinforcing the lessons, perhaps through quizzes or more detailed examples. Also, they do tend to be quite text-heavy which is difficult if you’re a visual learner.

Fortunately, they do have some fantastic (and freely available) videos on Youtube providing guides on various matched betting strategies.

Where bonusbank excels is when explaining how to use their own tools, with some very thorough and valuable guides on how to make the most of every bonusbank feature. You won’t find it too difficult to pick up the different ways of profiting using bonusbank.

There are some fantastic free matched betting resources available (I’m biased, but I think our guides are quite good) with hundreds of guides available with a quick google search. However, the courses that bonusbank have built are more comprehensive than anything you’ll find for free.

For beginners, they’re the best courses I’ve seen for learning matched betting.

Knowledge Base

Beyond the structured courses, bonusbank have built out a seriously impressive knowledge base with 346 articles across four categories: Bonusbank (69 articles), By The Book (168 articles), Bookies (34 articles), and Matched Betting (75 articles).

The standout section is “By The Book”, which contains detailed profiles on individual bookmakers covering their background, ban speed, sustainability strategies, bonus bet expiry, and specific quirks to be aware of. Each bookie gets what’s essentially a dossier with actionable intel on how to use them effectively.

It’s telling that the most popular articles are things like “Which bookies are quickest to ban?” and “What should I do when I have to withdraw?”. These are the real-world questions that matter when you’re actually matched betting, and bonusbank have answered them thoroughly.

This knowledge base alone is a genuinely valuable resource. I find myself referencing the bookie profiles regularly when deciding how to approach a new bookmaker.

Matched Betting Calculators

The bonusbank team have developed a quite impressive array of calculators that cover every single matched betting scenario I can think of. Not only have they covered all scenarios, but they’ve also done it whilst keeping each tool very user-friendly and easy to use. If you want to try some basic calculators yourself, check out our free matched betting tools.

Let me list out all the calculators they’ve built, before sharing some of my favourites:

That’s 17 different calculators covering every matched betting scenario. The Back/Lay calculator is available on the Free tier, with four calculators (Back/Lay, Dutching, Extra Profit, and Free Crack) unlocked on Basic, and all 17 available from Plus upward.

I love their Dutching calculator, which allows you to test out multiple different scenarios and easily understand the impact of any changes. You can quickly see how to ‘equalise’ your position, and copy a table with all your bets on into excel format. There’s also a really useful feature to generate a shareable link directly to the values you’ve entered.

There’s also a really smart Multi Promo calculator, designed to handle offers where 1 leg of a multi fails (or a multi boost). This one’s a bit more complicated, but you can see what happens across a 3, 4, or 5-leg multi bet when you want to lay each leg of the multi sequentially.

One of the additions that I use regularly is the Multi Promo calculator. This calculator works out the expected value on multi bets where the bookmaker offers a bonus if one leg fails. You enter the bookmaker, sport, number of legs, and your stake, and it calculates everything for you: the probability of all legs winning, the bonus triggering, or a complete wipe, plus the overall expected value.

With multi-leg promos becoming one of the biggest profit sources in Australian matched betting, this calculator gets a lot of use.

All of the mechanics are calculated automatically, spitting out recommended lay odds for each leg of the bet. Multi bets becoming exceptionally popular in Australia, so bookmakers are pushing some incredible offers that create long-term profit opportunities.

Some of the calculators get very heavy on data entry, with lots of different parameters that can be shifted. That’s part of bonusbank catering for both beginners (simple versions) and advanced matched bettors who are applying more complicated strategies.

Overall, they have everything you might need from a calculator perspective. However, these tools are static. They don’t pull in live data, unlike the next tools I’ll share with you.

Bonusbank ATM Oddsmatcher

This is the primary software that will have a massive impact on your matched betting.

The ATM is a big odds analyser that works in your browser, pulling in thousands of live prices across bookmakers and Betfair. On a Basic subscription, you get access to 10 bookmakers covering all the most popular Australian bookies. Upgrade to Plus and it expands to 80+ bookmakers, covering practically every licensed Australian bookie.

Don’t worry, they don’t hide the main bookies behind a Plus subscription. All the most popular bookies are available as part of a standard Basic membership.

The software searches all open sports betting markets and automatically presents the closest matches available for you to bet on right now. For each match, you can see the SR Rating (return if the bonus stake is returned) and SNR Rating (return if the stake is not returned), along with the Betfair liquidity available so you know how much you can actually bet.

Pretty magic.

There’s also a really useful Commission Discount field that adjusts all your ratings based on any Betfair commission rebate you might have. This is a small detail, but it makes a real difference to the accuracy of the numbers you’re working with.

Clicking on any match opens a built-in calculator popup that shows you the exact lay stake needed, how much you need in your Betfair account, and your guaranteed profit in both the win and exchange scenarios. You can even send the bet directly to your tracking from this popup. It’s a really smooth workflow.

The filtering is excellent. You can filter by sport, league, market, bookmaker, odds range, minimum SR/SNR rating, minimum liquidity, and more. The best part is that you can save filter presets and they sync across devices, which is really helpful when you only have access to a couple of bookmakers.

I used to criticise their ATM because its design looked like a mid-2000s excel spreadsheet, but in recent years they’ve uplifted the design and I must admit it looks great. They’ve used colours cleverly so any information you need is available at a glance.

One thing worth noting: the ATM auto-refreshes every minute, which is fine for sports betting but too slow for racing markets where prices move faster. That’s where the racing-specific tools come in.

Now, here’s the best feature bonusbank have for their oddsmatcher.

ATM Alerts: Automated Matched Betting Notifications

In the oddsmatcher example above, I was getting a great opportunity about 80% return on my free bet. This is an excellent return, but the odds are quite high. We would need to tie up a significant amount at Betfair until the end of the event. With a small bankroll, that could be a major problem.

If we wanted to find a good opportunity at lower odds, we could sit and watch the oddsmatcher all day until the right bet popped up.

The better way is to use ATM Alerts, an extension for the Google Chrome browser. This extension allows you to set up some criteria then it will notify you whenever there’s a match that meets those criteria.

The filters are very configurable: you can set Days Until the event, Min SR%, Min SNR%, minimum and maximum odds, minimum liquidity, plus filter by specific bookmakers and sports.

With 40+ bookmakers available to monitor selectively, you can get very specific about what opportunities you want to be notified about.

Once a match meets your criteria, you’ll get a popup on your computer:

This feature is incredibly powerful for making the most of your new account offers or getting the most of your ongoing free bets. It works passively in the background whilst your browser is open, so you can get on with your day and only act when something good comes up.

There are, however, some drawbacks with the ATM Alerts tool. Firstly, it’s only available on a desktop/laptop running google chrome. Whilst I know this is a common setup, it does mean that you can’t use this tool on mobile and would have to rely on the oddsmatcher alone.

Secondly, you can only set up one alert at any time which may be a limitation if you’re matched betting both qualifiers / free bets with multiple bookies at the same time.

Finally, I’m always worried that the tool won’t send the alerts so I find myself checking on a regular basis anyway - I should probably stop because it’s never failed me yet.

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Racing Matcher: Browser-Based Odds Comparison

For users who prefer browser-based tools over Chrome extensions, bonusbank also offer a Racing Matcher. It’s essentially a web-based alternative to HorsePower for finding racing matched betting opportunities.

The Racing Matcher refreshes every 20 seconds (faster than the ATM’s 1-minute refresh) and shows all the key information: back odds, lay odds, Mug % (return on a standard qualifying bet), Bonus % (return when using a bonus bet), and 2nd/3rd % (return for place-paying promos). There’s a handy “Next to Jump” button that takes you straight to the most imminent race.

I’ll be honest, the Racing Matcher is functional but notably simpler than HorsePower. It lacks the Day Planner, automated tab opening, multiple mode views, and the granular EV colour coding that makes HorsePower so powerful. Note that the Racing Matcher is only available from Plus upward — Basic subscribers rely on HorsePower Lite for racing.

That said, it’s a genuinely useful tool - and crucially, it’s mobile-friendly. Since HorsePower only works on desktop Chrome, the Racing Matcher is the go-to option when you’re away from your computer and want to check racing opportunities on your phone. It’s also handy if you’re on a machine where you can’t install Chrome extensions.

HorsePower: The Most Powerful Racing Tool in Australia

Matched betting on Horse Racing is a bit different to betting on any other sports, as covered in our Australian betting guide. Whereas you would normally find good liquidity hours before a sports event, it’s often you’ll only find money in the market from about 10-15 minutes before a race. Then the volume of bets starts shifting very quickly in the few minutes leading up to the start (associated with prices shifting as well).

That means the oddsmatcher is just too slow to provide useful insight into betting on Horse Racing.

Enter HorsePower.

HorsePower is bonusbank’s most powerful tool, and in my opinion the single biggest reason to subscribe. It’s a Chrome browser extension that compares racing odds across bookmakers in real time, with updates every second. On Basic, you get a Lite version of HorsePower. Upgrade to Plus and you unlock full access including all features and race types.

What really sets HorsePower apart is the Mode Views. Rather than just showing a single rating, you can view opportunities through different lenses depending on what type of bet you’re placing:

• SR: Bonus back for placing - for promos where you get a bonus if your horse places
• SR: Bonus back for winning - stake-return bonus scenarios
• SR: Extra Profit - opportunities with bonus-limited or stake-limited extra profit
• SNR (Bonus) - standard bonus bet conversion
• SR: Mug - qualifying bet returns
• Fav v Field - favourite vs field dutching
• Combined - view multiple modes simultaneously in one screen

Each mode has its own EV colour coding with fully customisable thresholds. You can set four colour bands (orange/yellow/light green/dark green) so that genuinely good opportunities jump out at you visually. I’ve tweaked my thresholds over months of use to match my own risk tolerance, and it makes scanning races incredibly quick.

HorsePower Day Planner: Plan Your Racing Day

The feature that really ties HorsePower together is the Day Planner. This is where the tool goes from “useful” to “genuinely exceptional”.

The Day Planner shows today’s complete racing schedule by venue, with bookmaker icons indicating which bookies have promotions for each race. Here’s the brilliant part: you can import promos directly from bonusbank’s promos page with one click. It auto-populates your entire day’s plan based on what promotions are actually available.

Once your plan is set, the “Schedule” view reorganises everything by time, showing which bookmaker tabs need to be open for each race. Hit the Plan button and HorsePower automatically opens all the bookmaker tabs for your planned races.

The whole workflow (import promos, check schedule, open tabs) takes about 2 minutes to set up your entire racing day. That’s incredibly powerful.

The settings are granular too. You can configure maximum results per bookmaker, default retention percentages, liability limits, rounded stakes, and even set a pre-race alert sound (a horse racing bugle, naturally) to remind you when a race is about to jump.

Warning: As mentioned, odds in Horse Racing can move very quickly. This can work both in your favour and against you. This means you should have a good knowledge of how matched bets work, with the ability to quickly change your stakes, before you start matched betting on Horse Racing. However, this can be very profitable so I always recommend beginners start slow and take on more offers over a few weeks.

It definitely took me a bit of ‘getting used to’ when I started using HorsePower but it quickly shows itself to be a very powerful tool. It allows me to focus my time on the right horses with the right bookies during the hectic few minutes before a race.

This tool alone easily earns me enough to pay off the bonusbank subscription fee a few times over.

As with everything, life isn’t always perfect. HorsePower is limited to being used on a computer with Google Chrome installed so mobile users don’t get the benefit. The Racing Matcher (covered above) is the mobile-friendly alternative, giving you browser-based racing odds comparison on any device, though it’s not as powerful as the full HorsePower extension.

Finally, the 1-second refresh rate is fast, but horse racing odds can still move quicker. It’s not unusual to see a great opportunity in HorsePower and navigate to the bookie to find the price has already changed.

I’ll defend the bonusbank team here. A 1-second refresh across dozens of bookmakers is genuinely impressive, and the tool is far faster than anything else available.

Instead, HorsePower should be seen as a fantastic guide to which bookies/horses are at attractive odds for you to focus on.

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Sports & Racing Promos Database: Daily Profit Opportunities

This is one of the features that’s improved the most since my last review update, and it’s quickly become one of my daily go-to tools.

Bonusbank maintain a curated, daily-updated database of all active sports and racing promotions across tracked bookmakers. What makes it special is the approximate total available EV displayed right at the top.

At the time of writing, the sports promos database was showing $2,790 in approximate available EV across 50 active promotions. The racing promos database showed a further $692.

That gives you an immediate sense of how much opportunity exists on any given day. Some days are packed with promotions, others are quieter. The EV total tells you instantly whether it’s worth your time.

Drilling into any event shows you all applicable promotions, each with the bookmaker, promo description, EV rating (shown in dollar signs from $ to $$$$), and a strategy link explaining exactly how to approach it. Whether it’s a Same Game Multi promo, an early payout offer, or a racing refund, the recommended strategy is right there.

The racing promos work the same way, with the added bonus that they integrate directly with HorsePower’s Day Planner. Import your racing promos into HorsePower, and you’ve got a seamless workflow from “what promos exist today” to “which horses should I be betting on”.

This is a massive step up from the old “Todays Plays” feature. From April 2017 to February 2023, bonusbank used to post a single ‘basket’ of guided bets daily that would take advantage of that day’s sports promotions. Just following those recommended plays would have led to nearly $50,000 profit in just under 6 years.

Now, the promos database gives you far more information and flexibility to choose your own approach. They still post regular recommended plays on Discord too, following the same pattern as the original feature.

See Today's Promos — No Payment Required to Start

The idea with these plays is to ‘Dutch’ bookmakers against each other and therefore avoid exchange commission fees. Then, we’re looking to trigger lucrative bonuses through bookmaker offers. As you can see, if any of those bonuses get triggered it’s quite a significant payday. However, if none of them are triggered we take a relatively small loss. This is exactly the core concept of Expected Value and why you need to follow these offers regularly.

Dutching & Middles: Profit Without Betfair

One of bonusbank’s unique advantages in Australia is their dedicated Dutching Software. No other Australian matched betting platform offers this, and it’s become increasingly important since Betfair raised their commission rates.

Dutching allows you to back multiple outcomes across different bookmakers to lock in a guaranteed profit, no Betfair exchange required. For a full explanation of how dutching works, see our guide to dutching in matched betting. This is huge for two reasons: you avoid exchange commission entirely, and you can still profit even if your Betfair account gets limited.

The interface shows you the event, market, each outcome with the best bookmaker and odds, and calculates the optimal stakes to lock in profit regardless of which outcome wins. Filters are very comprehensive, allowing you to search by sport, league, bookmaker, odds range, and more.

For Pro subscribers, there’s also a Middles Software that takes this a step further. Middles finds opportunities where two bookmakers offer different lines on the same market. You back both sides at different prices, taking a small qualifying loss most of the time, but if the result lands between the two lines you score a large “middle” profit.

The EV percentages on some of these middles can be extraordinary. In the example above, one opportunity showed 266% EV, meaning the expected return far outweighs the qualifying loss over time.

This is more advanced and carries more variance than standard matched betting, so it’s best suited to experienced users with a solid bankroll.

With Betfair commission now sitting at 8% for racing, 6% for sports, and a painful 10% for NSW/ACT racing, having tools that let you profit without the exchange is genuinely valuable. Bonusbank explicitly recommend dutching as one of their key strategies for mitigating the commission increases.

Odds Comparison: Best Price Across 25+ Bookmakers

A simpler but very useful addition to the toolkit is the Odds Comparison Tool. This gives you a side-by-side grid showing 25+ bookmakers’ prices for any given event and market.

The best price for each selection is highlighted in green, and you can see the average odds, best vs average comparison, and calculated fair odds. Clicking into a specific event gives you a detailed drill-down across Match Markets, 1st Half Markets, Player Props, and Other Markets.

I use this mostly for quick best-price hunting before placing any bet. It takes seconds to check whether there’s a better price available elsewhere, and those small odds differences add up significantly over time.

2Up Software: Early Payout Matched Betting

Bonusbank have built a dedicated tool for exploiting Bet365’s (and similar bookmakers’) “2Up” early payout promotion, where they pay out early if your team goes 2 goals ahead in soccer.

The tool shows all upcoming soccer matches with the qualifying loss percentage, a composite rating score, plus useful stats like the percentage chance of 4+ goals and both teams to score. The 2Up promo is one of the most consistently profitable recurring offers in Australian matched betting because Bet365 runs it week after week. Having a dedicated tool for it just makes sense.

SGM Tool: Same Game Multi Profit Finder

Same Game Multi promotions have become one of the biggest ongoing revenue sources in Australian matched betting. Bookmakers love pushing SGM offers because they think the complexity works in their favour.

With the right approach, it works in ours.

The SGM Tool (Pro only) searches across bookmakers to find the most profitable SGM promotions for upcoming events. Each promotion gets an EV rating (from 1 star “Poor” to 4 stars “Very Good”), so you can quickly prioritise where to spend your time.

For example, a typical promo might be “Place a 3+ leg SGM and get bonus back up to $50 if it fails by 1 leg”. The SGM Tool will rate that as a 4-star opportunity worth roughly $10-$15 EV per $50 bet. Without this tool, you’d be manually hunting across each bookmaker’s promotions page trying to figure out which offers are actually worth your time.

The SGM Tool is Pro only at $149/month, which is steep. But if you’re actively taking advantage of SGM promos across multiple bookmakers, it saves significant time and ensures you’re not missing profitable opportunities.

Value Betting Tool: Finding Positive EV Bets

This is where bonusbank ventures beyond matched betting into something different. The Value Betting Tool (Pro only) identifies bets where the bookmaker’s odds imply a lower probability than the true probability. In other words, positive expected value (+EV) bets.

Important distinction: Value betting is not risk-free like matched betting. You will have losing bets, and the variance can be significant. The edge is statistical and plays out over hundreds of bets, not individual ones. This requires a larger bankroll and a longer timeframe to see consistent returns.

What makes bonusbank’s implementation particularly strong is the Pinnacle integration. Pinnacle is widely considered the world’s sharpest bookmaker, so using their odds as a benchmark for “true probability” significantly improves the accuracy of the EV calculations.

The tool shows you the bookmaker’s price, Pinnacle’s price, calculated fair odds, and the EV percentage for each opportunity.

Bonusbank positions value betting as the “next level” for when your bookmaker accounts start getting limited. Once a bookie restricts your bonus bets, you can’t do traditional matched betting with them anymore. But you can still place value bets if the account is open for regular wagering.

It’s a smart addition to the platform. Not everyone will use it, but for those who do, it extends the profitable life of bookmaker accounts significantly.

BetTrackr: Professional Bet Tracking & Analytics

Tracking your bets is essential for understanding your profitability, and bonusbank offer two levels of tracking.

The Deposit Bonus Tracker is built directly into the platform. It’s a simple tool for logging your welcome bonuses during the initial sign-up phase, tracking which bookmakers you’ve opened, total bonuses received, and profit earned. Quick and straightforward for new members.

For ongoing detailed tracking, bonusbank subscribers get free access to BetTrackr.com.au. It’s a professional-grade tracking application with Betfair auto-sync integration, advanced charts and analytics, and a Chrome extension for one-click bet logging.

It’s mobile-friendly too, which is a nice touch given that so many of the other tools are desktop-only.

Having a professional external tracking tool included free with your subscription is a meaningful value-add. I used to maintain my own spreadsheet, but BetTrackr is genuinely better.

Bonusbank Discord Community: Australia’s Largest Matched Betting Group

In this bonusbank review, I’ve saved the best feature until last. The most important and impactful aspect of subscribing to bonusbank is access to their extremely active and supportive community of members.

If you’re not familiar with Discord, it’s a ‘modern’ online forum centered around real-time conversations. Bonusbank have built out one of the best Discord servers I’ve ever been a part of, providing loads of useful features to members.

I’ll quickly name a few of my favourite channels:

• Newbie Questions - Ask a question here and it’ll be answered either by Nico, or one of the many other helpful members. Normally within just a few minutes.
• Promos and Plays - Highlights the most profitable promos available with examples of how to approach them.
• Boost Snaffler - Real-time sharing of bookmaker boost opportunities.
• Boost Bonzer - Boost alerts specifically for new accounts.
• Free Cracks - Opportunities to convert free bets.
• SGM Furnster - Same Game Multi strategies and alerts.
• Sustainability - Group discussions on how best to maintain your betting accounts.

With 42+ channels all in regular use, bonusbank have cultivated Australia’s most active matched betting community.

The only downside is that it’s almost too active. At first, it can be overwhelming trying to understand where everything is. Keeping up with chats on every channel can be overwhelming, so you have to focus your attention on the channels most relevant to you at the time.

You can also set up alerts for certain channels / posts, helping make sure you don’t miss any opportunities.

Join 1,000+ Matched Bettors on Discord — Free Access

Bonusbank Pricing & Plans (2026)

Which Bonusbank Plan Is Right for You?

Not sure which plan to go for? Take this 15-second quiz to get a personalised recommendation based on your experience and goals.

All the tools and features I’ve discussed sadly don’t come free, although I fully believe that they pay back the subscription fee very handsomely as long as you’re actively making money from matched betting.

It’s worth noting that bonusbank went through a pricing restructure in mid-2025, introducing the Basic tier at $39/month and removing the old $59 Premium tier for new sign-ups. Importantly, existing subscribers were grandfathered - anyone on Premium could stay on it at their existing price (and a couple of hundred members still are).

The Plus tier already existed before the changes (previously called “Premium Plus”), so it wasn’t a new tier. Anyone choosing to upgrade from Premium to Plus would pay more, but they’d also unlock additional features like expanded bookmaker access on the ATM and greyhound coverage on HorsePower. Bonusbank never forced anyone to switch, though a small number of members who voluntarily cancelled Premium were frustrated when they couldn’t re-join that tier later.

Overall, the restructure gave new members a lower entry point with Basic and simplified the tier structure. The expanded feature set that came alongside the changes helps justify the new pricing.

Bonusbank also offer the ability to buy a 6-month or 12-month membership for each of their packages. These have the opportunity to save you huge amounts of money although I would recommend that beginners always start on the monthly plan. Here’s how those plans work out:

BonusBank Plan	Monthly	6-Month	Annual
Plus	$99	$499 (Save $95)	$799 (Save $389)
Pro	$149	$749 (Save $145)	$1249 (Save $539)

If you enjoy matched betting and want to commit yourself to making long term profits, then getting a 6/12 month membership is a fantastic deal. In fact, my recommendation to maximise your long-term earnings is to start on the Monthly plan, then jump up to the annual plan using your first profits.

Bonusbank Profit Potential - How Much Can You Make?

This is almost impossible to answer, because it really depends on how much time and effort you want to put in to matched betting.

Bonusbank themselves claim that new members can make at least $1,000 in their first two months from welcome bonuses alone, with active long-term users generating $1,500-$3,000/month.

The starting bank you need is around $500-$1,000, and this money circulates between your accounts rather than being risked outright. We cover realistic earnings expectations in our guide on how much you can make matched betting.

Based on my experience, these are an average set of figures that should be achievable by everyone for a weekly profit not including any new member bonuses that are hugely profitable:

• Sports Promos & Plays - $150
• HorsePower Racing - $150
• Multi’s & SGMs - $50

Weekly Total - $350

Monthly Total - +$1,400

That really makes the $39 monthly subscription fee seem particularly small. I also know there are bonusbank subscribers making far more than that every month through the Pro-tier tools like value betting and middles.

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It’s worth being realistic though. Betfair commission increases (racing now 8%, sports 6%, NSW/ACT racing 10%) do eat into margins compared to previous years.

Bonusbank’s dutching tools help offset this, but it’s an industry-wide headwind that affects all matched bettors.

Final Thoughts

It’s been a bit of a marathon run-through of bonusbank, with plenty of features to discuss. I hope you’ve found this review insightful and it leaves you with an enhanced knowledge of why matched betting tools are important.

Bonusbank has become an incredibly polished and comprehensive platform that’s genuinely evolved beyond just matched betting. The addition of the promos database with live EV totals, the dutching and middles software, value betting with Pinnacle integration, the SGM Tool, and free BetTrackr access all show a team that’s constantly developing their product.

The pace of development over the past couple of years has been impressive by any standard.

The learning curve might be steep, but bonusbank has everything you could possibly want to maximise profits from matched betting and, increasingly, from value betting too.

If you’re unsure whether Bonusbank is the right choice, check out our Bonusbank vs Bonus Money comparison or our Bonus Money review for an alternative. You can also see our full list of best matched betting services to compare your options.

There are two things that are the most important to consider:

• Bonusbank is very welcoming to beginners and offer a huge amount of resources to help you get started. The free tier with 3 courses and Discord access means you can try before committing any money.
• Having access to an active, supportive community is a game-changer. Nothing else could possibly help you more than seeing other people making money from matched betting in real time.

If you’re a complete beginner, I highly recommend subscribing to bonusbank for access to the community and to help you make the most of the very profitable new account offers.

If you’ve been matched betting a while, then you need to be taking advantage of all the ongoing offers. Using the tools available in bonusbank can save you hours of time every week. I value my own time quite highly which is why I value the bonusbank service very highly.

Frequently Asked Questions

Is Bonusbank worth the money?

Yes, for active matched bettors Bonusbank is well worth the subscription cost. Even on the Basic plan at $39/month, most users can expect to profit $1,000+ per month using the tools and community resources. The subscription typically pays for itself within the first few days of each month. The platform also holds a 4.8/5 rating on Trustpilot from 127 reviews, which reflects genuine user satisfaction.

Can beginners use Bonusbank?

Absolutely. Bonusbank offers a free membership tier with 3 courses, a basic calculator, lite ATM access, and Discord community access. No payment details are required. Their 12 structured courses (9 of which require a paid subscription) take you from the basics through to advanced strategies, and the community is very welcoming to newcomers asking questions.

What’s the difference between Basic and Plus?

Basic ($39/month) gives you access to 10 bookmakers on the ATM oddsmatcher, HorsePower Lite, 4 calculators, dutching software (10 bookmakers), and the promos database. Plus ($99/month) expands ATM and dutching to 80+ bookmakers, unlocks full HorsePower, Racing Matcher, 2Up, Multi-Matchers, Odds Comparison, and all 17 calculators. Plus is best for experienced bettors who want to maximise profits across more bookmakers.

How much can you make with Bonusbank?

Based on my experience, an active matched bettor using Bonusbank can realistically make around $1,400 per month from ongoing promotions alone, not including the very profitable new account offers. Bonusbank claims new members can make $1,000+ in their first two months, with experienced users generating $1,500-$3,000/month. See our full breakdown of how much you can make matched betting in Australia.

Does Bonusbank have a free trial?

Bonusbank offers a permanent free membership tier (not a time-limited trial). The free plan includes 3 courses, lite ATM oddsmatcher access (Ladbrokes and Tab), a basic calculator, knowledge base access, and the free Discord channels. No payment details are required to sign up.

What happened with the Bonusbank pricing changes?

In mid-2025, Bonusbank restructured their pricing tiers. They introduced a new Basic tier at $39/month and removed the old $59 Premium tier for new sign-ups. Existing Premium subscribers were grandfathered and could stay on their plan at the same price. The Plus tier (previously “Premium Plus”) already existed, so anyone upgrading would get more features (expanded ATM bookmakers, greyhound coverage on HorsePower) for the higher price. Overall it simplified the tier structure and gave new members a lower entry point with Basic.

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