If you’re serious about making money from matched betting in Australia, a matched betting service is the single best investment you can make. While you can learn the basics with free guides like ours, a paid service gives you access to tools that dramatically increase your profits and save you hours of time.

Australia has two excellent matched betting services: Bonusbank and Bonus Money. Both are well-established, highly regarded, and will genuinely help you earn significant tax-free income. Having personally used both, I can confidently recommend either of them.

In this guide, I’ll break down exactly what each service offers so you can decide which one is right for you.

Why You Need a Matched Betting Service

Matched betting without a service is like doing your tax return without software - technically possible, but you’ll miss opportunities and waste a lot of time.

Here’s what a matched betting service gives you that you can’t easily replicate on your own:

The monthly subscription fee for these services typically pays for itself within the first few days of use. Most members report earning $1,000 to $3,000+ per month, making the $49–$99 monthly fee an exceptional return on investment.

What to Look For

Not all matched betting services are created equal. Here are the key features that matter most:

Both Australian services tick all of these boxes. The differences come down to the details, so let’s take a closer look at each.

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1. Bonusbank

Bonusbank is the most popular matched betting service in Australia, and for good reason. They’ve built a comprehensive platform that covers everything a matched bettor needs, from complete beginners through to advanced users.

Key Strengths

ATM OddsMatcher: Bonusbank’s flagship tool scans odds across all major Australian bookmakers in real-time. It’s fast, accurate, and incredibly easy to use. You simply filter by bookmaker or promotion type and it instantly shows you the most profitable bets available.

Tutorials & Guides: They offer 18 beginner tutorials and 10+ advanced tutorials covering every aspect of matched betting. The guides are thorough and regularly updated, making them ideal for learning at your own pace.

Discord Community: This is where Bonusbank really shines. Their Discord community is one of the most active matched betting communities in Australia. You can ask questions, share finds, and get real-time help from experienced members and staff. For beginners, this support network is invaluable.

HorsePower: A dedicated horse racing tool that identifies profitable racing promotions. Racing promos are some of the most consistent money-makers in matched betting, and HorsePower makes them easy to find and execute.

Calculators: A full suite of calculators including free bet, bonus bet, multi-leg, and advanced calculators. These take the guesswork out of working out your stakes and expected returns.

Pricing

Bonusbank offers several tiers:

• Free: Access to basic tutorials and limited tools. Great for getting started.
• Monthly ($99/month): Full access to all tools, tutorials, and community.
• Quarterly ($79/month): Save by committing for 3 months.
• Annual ($49/month): Best value for long-term members.

Use code OZPROFIT for 25% off your first month.

Read Our Full Bonusbank Review

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2. Bonus Money

Bonus Money is one of Australia’s longest-running matched betting services. They’ve built a reputation for having excellent tools, particularly their offer calendar, and a friendly, supportive community.

Key Strengths

Offer Calendar: This is Bonus Money’s standout feature. Their offer calendar is arguably the best in Australia, showing you every available bookmaker promotion with clear instructions on how to profit from each one. It includes built-in dutching calculations, which is a huge time-saver for more advanced strategies.

OddsMatcher: Bonus Money’s oddsmatcher is powerful and user-friendly, scanning all major Australian bookmakers to find the best matched betting opportunities. It works seamlessly alongside their offer calendar.

Matcha (Horse Racing Chrome Extension): A unique tool that overlays directly onto bookmaker websites, showing you the best racing bets without needing to switch between tabs. It’s a clever approach that streamlines the racing promotion workflow.

Guides & Tutorials: Bonus Money provides comprehensive beginner guides with a structured learning path. Their tutorials are well-organised and easy to follow, with a focus on getting you profitable as quickly as possible.

Facebook Community: Their Facebook group is active and welcoming, with experienced members and staff available to help. It’s a great place to get answers to questions and stay motivated.

Pricing

Bonus Money offers similar tiers:

• Free Trial: Limited access to try the platform before committing.
• Monthly ($99/month): Full access to all tools and community.
• Quarterly ($79/month): Discounted rate for a 3-month commitment.
• Annual ($49/month): Best value for serious matched bettors.

Read Our Full Bonus Money Review

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Side-by-Side Comparison

Here’s how the two services stack up across the key features:

Feature	Bonusbank	Bonus Money
Oddsmatcher	ATM - fast and accurate	Powerful with great filtering
Offer Calendar	Good daily plays section	Excellent - best in Australia
Horse Racing	HorsePower tool	Matcha Chrome extension
Tutorials	28+ guides (beginner to advanced)	Structured learning path
Community	Discord (very active)	Facebook group (active)
Calculators	Full suite including advanced	Comprehensive selection
Free Tier	Yes - basic access	Yes - limited trial
Monthly Price	$99/month	$99/month
Best Annual Price	$49/month	$49/month
OzProfit Discount	25% off first month (code OZPROFIT)	-

For a detailed breakdown with scores across every category, check out our Bonusbank vs Bonus Money head-to-head comparison.

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Which Service Is Right for You?

Both services are excellent, and you genuinely can’t go wrong with either. That said, here are some guidelines to help you decide:

Choose Bonusbank if…

Choose Bonus Money if…

Or use both

Many serious matched bettors actually subscribe to both services. Each platform occasionally identifies different opportunities, and having access to two oddsmatchers and two offer calendars means you’ll never miss a profitable bet. If you’re earning $1,000+ per month from matched betting, an extra $49–$99/month for a second service is a worthwhile investment.

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The Bottom Line

A matched betting service is the best way to maximise your profits and minimise the time you spend finding and placing bets. Both Bonusbank and Bonus Money are proven, trusted platforms that thousands of Australians use every day to earn significant tax-free income.

If you’re just starting out, I’d recommend picking one service and committing to it for at least a month. Follow their tutorials, use their tools daily, and engage with the community. You’ll be amazed at how quickly the monthly fee pays for itself.

Still not sure? Read our detailed Bonusbank vs Bonus Money comparison for a category-by-category breakdown with scores, or check out our individual reviews:

• Bonusbank Review - Full independent review
• Bonus Money Review - Full independent review