Bonus Bagging....

[chris71]

Has anyone here tried the Accumulated Generator system from Mike of Bonus Bagging?

 

He says for every 50 you bet you'll make 10 profit each time. Which would add up nicely over time. It's £150 to sign up.

[Sputnik1]

Has anyone done BB for the first time or for someone else recently? Have the offers been cut? Have the bookies cottoned on and made it more difficult to make much money? 

 

I looked at it a while ago and guessed you could make about £600 if you were lucky from BB but the other schemes seemed to be about making a couple of quid for a large bet, just doing that a lot of times. Often the bets offered had changed and it was more like 50p by the time you got the odds yourself. 

[VladimirIlyich]

Has anyone done BB for the first time or for someone else recently? Have the offers been cut? Have the bookies cottoned on and made it more difficult to make much money?

 

I looked at it a while ago and guessed you could make about £600 if you were lucky from BB but the other schemes seemed to be about making a couple of quid for a large bet, just doing that a lot of times. Often the bets offered had changed and it was more like 50p by the time you got the odds yourself.

If you have very few,or no bookies accounts you can still do very well.

Yes bookies introductory offers have been cut in a fair few cases but there are still lots of ongoing offers to keep things ticking over.

Profit Maximiser,the next step from BB is very good but you have to do the games and casino offers to really exploit it to the full. The Bingo offers used to be great but most have died on their arse due to changes in Ts and Cs.

The problem with Mike's other products are the amount of liability(money to cover one side of the bets at the exchange,Betfair,etc) can be quite high. I very rarely have more than £100-£150 in Betfair at any time and need this for other offers,Racing,F***ie,etc. I also use my winnings to finance myself as its my only form of Recreational cash.

Money is still there to be made but is not as easy as it once was.

That said also,I am still making cash for the missus and kids along with myself but I am more selective with their offers.

[lifetime fan]

I've accounts with pretty much everyone so can't see this working for me.

 

The bird doesn't have a single betting account as she doesn't agree with it - she loves the idea of free money though.

 

How much would I need to lay out to start seeing a return?

[chris71]

If you have very few,or no bookies accounts you can still do very well.

Yes bookies introductory offers have been cut in a fair few cases but there are still lots of ongoing offers to keep things ticking over.

Profit Maximiser,the next step from BB is very good but you have to do the games and casino offers to really exploit it to the full. The Bingo offers used to be great but most have died on their arse due to changes in Ts and Cs.

The problem with Mike's other products are the amount of liability(money to cover one side of the bets at the exchange,Betfair,etc) can be quite high. I very rarely have more than £100-£150 in Betfair at any time and need this for other offers,Racing,F***ie,etc. I also use my winnings to finance myself as its my only form of Recreational cash.

Money is still there to be made but is not as easy as it once was.

That said also,I am still making cash for the missus and kids along with myself but I am more selective with their offers.

Reading the reviews of accumulator generator for a £50 bet at odds of 4/1 you need to lay it with £260 ish. This type bet makes around £10 profit.

You wouldn't want to be half pissed or fat fingered placing your lay bet.

[The Golden Eel]

I've accounts with pretty much everyone so can't see this working for me.

 

The bird doesn't have a single betting account as she doesn't agree with it - she loves the idea of free money though.

 

How much would I need to lay out to start seeing a return?

 

There are a lot more bookies than you think.  I'd say when you really look at it, you don't have that many.  Maybe Bonus Bagging wouldn't work for you but PM would for sure.

 

How much do you need?  How long is a piece of string basically.  The more you have, the quicker you can make money.  The less, the slower.  I've heard of people starting with £100.

[VladimirIlyich]

Reading the reviews of accumulator generator for a £50 bet at odds of 4/1 you need to lay it with £260 ish. This type bet makes around £10 profit.

You wouldn't want to be half pissed or fat fingered placing your lay bet.

This is why I wont touch those other products of Mikes.

[VladimirIlyich]

I've accounts with pretty much everyone so can't see this working for me.

 

The bird doesn't have a single betting account as she doesn't agree with it - she loves the idea of free money though.

 

How much would I need to lay out to start seeing a return?

My missus was exactly the same. I started her off with £60 and have made a few grand over the last 2 to 3 years,including 2 holidays and plenty of spare cash.

[The Golden Eel]

On Acca Generator, I don't lock in the profit from the start, which is what Chris is referring to, I just do the acca and lay as it goes and hope one team loses for the full refund.  I've probably underused it since I've had it but still hit a fair few refunds, a good strike rate from accas placed and refunds hit.  There's a couple of other methods too that I've never used or explored 

[chris71]

On Acca Generator, I don't lock in the profit from the start, which is what Chris is referring to, I just do the acca and lay as it goes and hope one team loses for the full refund. I've probably underused it since I've had it but still hit a fair few refunds, a good strike rate from accas placed and refunds hit. There's a couple of other methods too that I've never used or explored

I'm tempted to try it .A mate at work signed up today so I'm going to see how he gets on over the next few day's. One thing he said was when he paid it was £149.99 but that was before VAT so it cost him near €250 to join. But if it's as good as it says then you won't be long in making that back.

[VladimirIlyich]

I'm tempted to try it .A mate at work signed up today so I'm going to see how he gets on over the next few day's. One thing he said was when he paid it was £149.99 but that was before VAT so it cost him near €250 to join. But if it's as good as it says then you won't be long in making that back.

If you buy anything from Mike,pay with Skrill or Paypal and put your country as USA or Canada, and you will not pay the VAT on the products.

It makes a big difference.

[Furmedge]

Yeah I said I was in USA. No problems.

[Sputnik1]

If he's saying  £10 for every £60 bet then it's probably going to be closer to £3 for every £60 bet. Which is still something but how many bookies will you need to be with to keep doing this before they shut you down? 

 

I'll be interested to hear how people do but generally people tend to only shout about their winnings when they talk about gambling. 

 

In any case it's going to take a fair bit of time to get your £150 (plus vat) back. 

 

[VladimirIlyich]

If he's saying £10 for every £60 bet then it's probably going to be closer to £3 for every £60 bet. Which is still something but how many bookies will you need to be with to keep doing this before they shut you down?

 

I'll be interested to hear how people do but generally people tend to only shout about their winnings when they talk about gambling.

 

In any case it's going to take a fair bit of time to get your £150 (plus vat) back.

 

Might do with ACCAS but there are daily PM offers that can be very lucrative.

[The Golden Eel]

 I'll be interested to hear how people do but generally people tend to only shout about their winnings when they talk about gambling. 

 

PM, etc, it's not really gambling.  If you were wanting to get into this whole area of money making, you want to go Bonus Bagging - Profit Maximiser - then start thinking about things like Accumulator Generator.  

[chris71]

Started Profit Maximiser this week and so far it's working out well. Knocking the straight gambling on the head because I just seem to be funding bet365 Christmas party these days.

I'll let you know what I make on this over the next few weeks.

[VladimirIlyich]

Started Profit Maximiser this week and so far it's working out well. Knocking the straight gambling on the head because I just seem to be funding bet365 Christmas party these days.

I'll let you know what I make on this over the next few weeks.

Been doing it for a few years but get most of my bigger wins through slots and casino offers. Its well worth it if you havent covered all the bookies and their casino offers. Becomes a lot more difficult when you get banned by a few bookies for 'abusing' their offers,eg making a profit!

 

Good luck and I am happy to help if you want some advice.

[chris71]

Thanks. I've most of the bookie sign up offers done,a good few won't accept customers from Ireland though. Doing just the daily calander bonus offers he posts at the moment.

Most of the slot offers I'm seeing have big roll over terms before you can withdraw, I'll let those for a bit.

Looking forward to Cheltenham we should clean up with that festival.

[VladimirIlyich]

Regarding the slots,certain slots offer a very low house edge so sometimes those 'high rollovers' arent as high as they look. Ive done very well at times using the same slots for rollover purposes.

[chris71]

I'll have a crack at them soon. I going to build my pot with the offers first to do the bigger bets. I've €60 worth of free bets to cash in today from yesterday's offer's. Missed out by one place on the Skybet horse offer of a refund if the horse came 2/3rd. That would've been another nice 25 to cash.

[chris71]

Lad at work has cleared over 600 in a month doing this. And that's not going full throttle at it either.

[Furmedge]

I've just invested in the arb software as well as PM. Only because I haven't got the time to scour for odds to lay with betfair and smarkets. Paid £1 for a 30 day trial and £100 if I want it after that. It must have saved me 3 hours a day so far and made me around 50% more than usual, so I'll be sticking with that.

[Elite]

Is the arb software worth it? I can find bets quickly on the oddsmatcher. Does it find good Arbs because I need to start Arbing the fuck out of my gubbed accounts.

[Sputnik1]

Just finished the bookies bonuses, and cleared £290. I must point out that I could not use bet365 at all and I ignored the bet £10 get a £5 free bet offers because it was too much hassle for very little gain.For example, qualifying bet loses £0.71, once you get the free £5 (in reality£4.29) you're going to lose at least a quid of that.  Doing them might have gained me £20 at most more after bet matching. 

 

I did this for myself a couple of years ago and this time for someone else. I may be imagining it but I though the matched bets provided were not as good as previously. The losses on qualifying seemed larger than before and of course the bookies offers are lower. 

 

Positives are £290 profit and it seems much easier and quicker to withdraw your money. 

 

Having read honest reviews of the arb system, I won't be going for that. You need to be doing 3 a day for it to be even slightly worth it and the longer they go on the more money you need to lay. It's a lot of work, risk (events cancelled etc) and money tied up for what might be a very low profit. A£10 profit on an arb will soon disappear when odds change as you progress through the arb. Plus you need to be around constantly to lay each leg (unless you lay the whole arb at the start and that's currently a beta offering)

 

You'd be better getting a part time job, which would pay more and be easier. 

[Furmedge]

I've found the software good at the moment, but as I say I don't have much time through the day as I don't have access to the site through the day, sort the kids out in the night and then marking books until late, so it's saved me some time. The arbs are okay, making between 5%-10% profit on the stake so yeah big bets, little profit but making £15 a day is over £400 a month is how I look at it. But I'm using it mainly for the free bets that get thrown around and making around £15-£20 per £25 free bet on those. Plus it has the in-play markets which saves loads of time looking for a bet during half times.

 

The one I have is called Profit Maximiser Matched Betting Software and includes Arbing, Dutching and the Channel 4 racing software which I'm hoping will rack up the money during Cheltenham.

 

Works for some people, maybe not others but for a quid on a months trial it's saving me the effort already.