TonyBet Offer – 2016 Australian Open

To celebrate the first Grand Slam of the year, TonyBet are rewarding us with a daily £5.00 bonus. Simply place a £5.00 bet on any day of the 2016 Australian Open and TonyBet will give us a £5.00 bonus every day we qualify. Translated into matched betting terms, this gives us a guaranteed profit of £43.40 and here’s how…

Qualifying Bets:

If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walk-through guide on how they should be done.

To get our bonus, we must follow these instructions: enter the bonus code ‘AUSOPEN5UK’ into the bonus field in our TonyBet account (‘My account’ section, ‘Bonus’ tab) and wager at least £5.00 at odds of 1.85 or above. The wager needs to be made on the same day after using the bonus code from 00:00am to 23:59pm (UTC+2).

I like to place my exchange lay bets with Smarkets as they have great liquidity, the site is really easy to use and they only charge 2% commission in comparison to the 5% charged by other betting exchanges.

We can calculate our lay stakes using the matched betting calculator.

Bonuses:

Bonuses will be credited the following day and must be wagered 5 times at odds of 1.85 or above before the funds (the deposit amount, the bonus, and all potential winnings) can be withdrawn. The frozen amount of £25.00 will be available each day. We can check the rollover status of our bonuses in our TonyBet account (‘My account’ section, ‘Bonus’ tab). It should be noted that Correct Score bets do not count towards bonus wagering.

By using straightforward matched betting, we should be able to extract at least 75% of any £5.00 bonuses we receive, so approximately £3.50. If we take into consideration our total daily qualifying loss of £0.40, we should make a guaranteed daily profit of £3.10. Given that matches are played over 14 days, this gives us a guaranteed overall profit of £43.40!