There’s a program out there, called Bonus Bagging that promises to reward you with $500 a month in just two weeks, and all you have to do is place bets.
Sounds a little fishy? Or maybe it’s a legitimate opportunity? Let’s find out.
In this Bonus Bagging review we’ll take a look a the details and see if this program really works or if it’s just another scam to avoid.
Let’s take a look at the details.
Bonus Bagging Review
Product Name: Bonus Bagging
Product Type: Betting System
Creator: Mike Cruickshank
Price: $27
Best For: Gamblers.
Summary: Bonus Bagging makes it sound like you can easily make an extra $500/month using their betting system.
Although I think Bonus Bagging is a legit product, I don’t recommend it as a way to make money online.
It’s limited by location, a bit complicated (way to make money online), and a lot of risk just to make a profit.
Recommended: No
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What is Bonus Bagging:
So what is Bonus Bagging?
For starters, I thought it is based on gambling but it’s not technically gambling because you’re not betting money from your own pocket.
I should make it clear that you can use your own money to improve the pot, but that can be really risky.
Generally speaking I don’t recommend risky investments, there’s too much at stake.
Not to mention all the lives that have been ruined by gambling addictions!
But Bonus Bagging is a little different…
The fact that you can place bets and win all the time might seem a little far-fetched, but the truth is that it’s possible.
However, keep in mind that this is not an online money making method that I recommend.
I don’t believe it’s a scam but it’s just not the best way to make money online, and there’s a lot of risk involved too.
If you want to try it, feel free to do so, but it’s not something I recommend as a long-term income solution.
Having said that, it is possible to make money with Bonus Bagging and here’s how it works.
How Bonus Bagging Works:
- Purchase the product.
- Sign-up to Bet Fair and deposit $75.
- Collect the free bet.
- Place the free bet.
- If you lose, the bet will be refunded.
- If you win, you’ll earn a profit.
The details are kind of complicated but I’ll try to explain.
See, there are a lot of different betting companies that want people to join, so they offer various incentives to hook new people.
One of the incentives is a bonus bet, a bet that can be placed for free, and that will be refunded if lost.
It’s also important to remember that you will probably also take some loss, even with the bonus bet, so don’t expect to receive 100% refund.
The idea is to sign-up to different bookmakers (betting companies) and utilize their free bonus bets, if you win, a profit is added to your account, and if you lose, the bet is refunded.
But, it’s not just about placing bets, it’s about covering your losses if you happen to lose.
If you just used the bonus bet on one decision, then you’ll run out of the bonus pretty fast.
The idea is to cover your losses, and here’s an image that explains how to do that.
Basically, what this image explains, is that you need to place a bet on each outcome.
You use the money you deposited to bet on one side, and then you use the money from the free bonus to bet on the other side, thus covering your losses.
Whatever the outcome, a profit will be made.
But you can’t use the bonus bet more than once.
Bonus Bagging Location Restrictions:
This service is only available to people who live in Ireland or UK.
If you do not live in one of these countries then you won’t be able to partake in the program.
I was a little disappointing that these betting companies only allow such a small pool of people to participate, but I guess it helps reduce cheating and other inappropriate behavior.
Can You Make $500/Month with Bonus Bagging?
Well, again, with these opportunities there’s really no guaranteed outcome. The claim is that you COULD make $500 a month, but that’s not a complete guarantee.
Placing bets is difficult, and requires a lot of mathematical knowledge, not everyone is up for punching in specific numbers to specific decimal points into a betting system.
People will always lose some bets, and make mistakes in the bet-setting process, but if you want to keep your winnings – there’s really no room for error.
So I only suggest that you get into this opportunity if you know exactly what to expect and how to use the system, otherwise, it might just soak up your money.
To make $500 a month you’ll have to place the right bets, cover your losses on all bets, and make sure that you don’t lose too much cash. In other words, everything has to be done JUST right.
I prefer to avoid these type of programs and focus on a system that I can control, like an affiliate marketing business.
Affiliate marketing is the easiest because all you have to worry about is promoting the product.
Bonus Bagging Review Conclusion:
So what did we learn from this Bonus Bagging Review?
You can use Bonus Bagging system to make money placing bets by taking advantage of the free bonus bets the company offers new members.
The only problem is that it’s only available to UK and Ireland, anyone outside of those countries won’t be able to participate.
I also don’t like how you have to continuously place bets each day in order to just make a profit, and let’s not forget that you have to cover each bet too (which makes things even more complicated).
But, all in all, if you do reside in the above countries, and you want to have a go at placing bets, then by all means go ahead and grab the product. From what I gathered, it’s not a scam, and a lot of people use it to make some pocket cash.
Then again, I will always recommend building your own online business because you’re in total control. Who’s to say that the betting company won’t go belly-up?
I don’t like to take that type of risk. Maybe use it to make some side cash but I wouldn’t invest all my time into it.
Instead, I invest all my time into building my own online business, one that makes money day in and day out – even while I’m sleeping!
Enjoyed this Bonus Bagging review, please socially share it or leave a comment below.
Really nice review on Bonus Bagging! Do you have any free online business training courses? Something that really works to make money online?
Thanks,
Bill
Hey Bill,
Take our Free Internet Marketing Training Course, we provide all the tools and resources you need to be successful online.
But remember, you have to work for it!
Hi Todd, thanks for sharing your review, and I like how you talked about different aspects of the program.
Although I’ve never used Bonus Bagging (i use another program very similar), i’m very familiar with their method of making money online. It’s a method called Matched Betting, which I can attest to as being a genuine/legitimate way to make some extra money online.
I personally only do it part time, as I enjoy working on my affiliate marketing business, but it’s a nice additional income for me. And being in the UK means I can benefit from Matched Betting and I’ve made almost £2000 so far and I know there are people that are making £1000s with it.
Overall, I just thought I’d share my experiences as someone who is very familiar with the method of Matched Betting and is making genuine/legitimate money it.
All the best!
Awesome Steph, thanks for your feedback and personally experience on matched betting and programs like Bonus Bagging.
I too prefer affiliate marketing as my passive income source but am always interested in new LEGIT online earning strategies, so many thanks.
Best,
Todd
Hey, I’ve never tried something like this before, but it is an interesting idea. So the idea is that you bet both ways, but using different betting companies for each bet, and on one of them you use the bonus bet? Is that right? I agree with you, though, it is not really a long-term solution for earning money. You are right that it is better to do something like affiliate marketing or online business.
I once heard about a guy who made money with bettering due to a strange loophole. There was a particular bet he could place in which if he cancelled his bet just a few minutes before it happened, he would get his money refunded but it would still go ahead so if he won he would still win the money. Very risky, though!
Thanks for your feedback on our Bones Bagging Review, you’ve got it all figured out Marcus, keep walking the right online path and you’ll be making full time online income in no time. Cheers, Todd
Nice bonus bagging review. We are in the internet age and there are tons of ways to make money online today. I am currently using affiliate companies and I own 3 websites and they are in the growing process and I strongly believe they will all be money makers in the nearest future. Thanks again for the info!!!
Hi Afees,
Some may disagree with me, but I’d focus on making one site profitable first before moving on to a second or third.
But know that the work you do today will pay off big dividends in the future. One post can generate thousands in traffic and sales.
Thanks for your feedback on our Bonus Bagging Review as well.
Todd
Hi there Todd,
Bonus Bagging sounds like an interesting way to make some fun money online via a your back is covered sports gambling method. Sounds great if you love football.
Do they have a bet suggestion system for you to save us making all the mind boggling calculations?
How do they payout (paypal etc etc)?
Hi Derek, you have to establish a Betfair account (they’ve been in business since 1999), deposit 75 Euros and your make and receive payments through this system. The owner, Mike Cruickshank, sends you the first few emails to help you get started and there are training videos and a FAQ section that is easy to follow.
Once you take the initial time to understand how the Bonus Bagging system works, you’ll place your own bets based on teams that you are following just like any other betting system. The major difference is you have better odds compared to the house odds in regular betting systems, and you can compete against other people who are playing.
Thanks,
Todd
HI there,
a very well review about bonus bagging. This is a unique system that i haven’t seen before that is similar to other betting services. The highlight of pros and cons is truly clear. I don’t think I will try bonus bagging as it is for some regions of the world only. Overall the review is really well done. There is some good research done on the bonus bagging program. It truly helped me decide that this is probably not the right thing for me.
Thanks
Your welcome Reyner, glad our Bonus Bagging Review could be of assistance. It is an interesting program, but I myself prefer making consistent money online that doesn’t require a lot of hands on management.
Affiliate marketing does take some time to initiate, but once you have you niche site ranking, the traffic flows and it works on somewhat of an autopilot basis.
Go with something that will pay you time and time again.
Best,
Todd
This Bonus Bagging Review was well presented. I learned about a betting system I knew very little about and I found it very interesting. This review provides both the pros and cons with the Bonus Bagging system and it was both honest and well researched.
Whether I will use this method to make money online, I’m not sure but, I appreciate you highlighting it, but I think I prefer to make online businesses that create reliable streams of income versus using a betting system and playing the odds. Interesting nonetheless. Thanks
Thanks Josh for your feedback on our Bonus Bagging Review. We strive for honestly and objectivity with all our online money making reviews.
I’m like you, it’s fun to bet and play the odds, but as a steady way to make money online, I prefer affiliate marketing based on a niche or passion that I have. I find that much easier to build long term wealth, which is what I think most people want in this world.
Take the time to build a solid online business and you’ll find that you can create daily streams of income. All’s that’s required is a passion or interest in a niche, the right online business education, and a little time to create something of value. Once you do that, you can create a great passive income source that works from anywhere in the world.
Best,
Todd