Bonus Bagging has been around since 2011 and is an introductory matched betting service which takes you through the process of converting bookmaker sign-up offers into actual money using a risk-free technique known as matched betting.
With 18 Bookies to take advantage of (at the time of writing) and an estimated return of £372, give or take a few pounds, Bonus Bagging is a product that will provide you with more than 10 times the return of your initial investment.
Simple scenario: Bookmaker offers a £30 free bet if you sign up and deposit and bet £10 with them. You then convert this £30 free bet into real cash by simple maths and through the use of a betting exchange such as Betfair.
Mike Cruickshank’s Bonus Bagging takes all the labour out of this by literally giving you step by step instructions on how to convert these free bets into cash for numerous bookmakers.
These steps include:
- How and where to place your qualifying bets
- The exact amount you need to lay off at the Betfair betting exchange in order to get the free bet for no risk
- How to convert the free bet into cash – including the exact amount you will earn from this matched bet
The process this tool brings you through simply could not be made any easier and was my, and many other’s, first introduction to the financial freedom opportunity available with matched betting.
If you’re unfamiliar with matched betting and would like to find out more then you can read our full guide, here:
What Do I Get?
Access to Mike Cruickshank’s Bonus Bagging service which includes full instructions for converting 15-18 bookmaker sign-up offers for a total profit of somewhere in the region of £360-430.
The tool has been acclaimed by many reputable websites such as MumsNet, Martin Lewis’ MoneySavings Expert, Huffington Post and The Guardian, so you can be assured that Bonus Bagging is not a scam.
What Ways Can I Use Bonus Bagging?
There is only one way main you can use the tool. You request a new sign up offer and within 3 minutes you will be sent the full instructions on how to complete the first part of the process – known as a qualifying bet. It is normal to lose a few pence or pound when placing these initial bets.
Once the event you have placed your qualifying bet on is over and your free bet sign up bonus has been credited then you follow up by clicking on the link in the email to request your ‘follow up bet’.
This then gives you the exact instructions on how convert this free bet into cash.
Don’t worry if you miss a bet, you can always just request a new one. And if you get confused by anything there is a great FAQ and video learning section for you to see Mike completing the full process. If you really need then you can email Mike and his team and if it’s during the day you’ll usually get a response within minutes.
Pricing and Refund Policy
Bonus Bagging is priced at £27 +vat and is a one-time payment (32.40 total). Credit to Mike Cruickshank who always provides a ‘No Questions Asked’ refund policy – he’s that sure you’ll love it.
Who knew the bookies were so generous? Thankfully, with Bonus Bagging, Mike Cruickshank spotted the loophole that was presented with the increase in competition in online bookmakers and the evolution of the Betting Exchange. Whether you want to get one over the bookies and start winning money for real, or are just looking for some extra cash then this is the perfect product to begin with. The best thing is that it’s only the start of your matched betting journey….
Mike has created a product perfect for any beginner to matched betting or betting in general, it is rare you find an online money-making method that really does exactly what it says on the tin by making you hundreds of pounds of risk-free profit.
What starting bankroll do I need to complete Bonus Bagging?
£100 is the absolute minimum. £300 is what I started with. £500 will see you complete Bonus Bagging in a couple of weeks.
Is this truly risk-free?
Yes. This is as risk-free as it gets. On the initial qualifying bets you will nearly always make a small loss (usually anywhere between a few pence and a couple of pound), and on the conversion of the free bet you will always make a profit.
What if I sign up and find out I’ve already signed up to a lot of the bookmakers?
It’s unlikely that you will have signed up to all of the bookmakers on the list of 18, however, in the unusual case you find you have signed up to most of them and can’t turn an overall profit from the rest Mike Cruickshank offers a ‘No Questions Asked’ refund policy, like he does with all of his products.
Can I lose any money?
Only if you make a mistake – but Mike has made the chances of this occurring very slim as he literally takes you through every step of the process. The only way he could make it any easier would be by doing it for you! However, we all can have a lapse in concentration. If you do end up making a mistake you can always refer to the FAQ section on the Bonus Bagging website or email Mike and he will help you out.
What happens if I miss a bet or the odds change on the bet i’ve been provided with?
Mike has you covered. If you miss a bet you can simply request a new one. If the odds change on the bet there is a link in the emails to a calculator where you just re-enter the new odds and it will work out your new instructions.
Do I have to file any gains from Matched Betting in my tax return?
Under UK Law any returns from Gambling are considered tax-free. Many people have been taking advantage of this matched betting ‘loophole’ for years.
Can I use Bonus Bagging if I am from outside the UK and Ireland?
Unfortunately not. These are sign up offers are for customers from UK and Ireland only.
Will Bonus Bagging continue to make me profits after I’m finished the initial sign ups?
The short answer – no. You will make somewhere around £372* (based on the current offers listed on the site). This is a beginner course to help you get up and running. Mike will still send you emails in the future with the odd offer, but these emails are few and far between. Instead of spending the money I made from Bonus Bagging I upgraded to Profit Maximiser – now this is where the SERIOUS cash can be made.
*Correct as of July 2017
What should I do with the money I make from Bonus Bagging?
The more you re-invest the money you make from Bonus Bagging into your bankroll for completing it then the faster you will be able to finish every offer and make the £372 it promises. I would also advise that you use this money to reinvest into either Mike’s Profit Maximiser or Betting Mastermind (which includes lifetime access to Profit Maximiser) where you will be able to make profits from the bookies for a lifetime.
These products also have a load of sign-up offers to complete (worth between around £800-900 – more than enough to pay for the exceptional Betting Mastermind), so again you can sign up and complete the low-hanging fruit offers and have paid off your subscription and have earned a little more to go back into your own pocket or to add to your bankroll.