If you’ve stumbled across this post you are probably checking out or thinking about getting involved in Mike Cruickshank’s Bonus Bagging System.
If you have any doubts or are interested in how it works then read on…
Essentially Mike is offering (for a small fee) FREE – Risk FREE Money. So it’s understandable that this would create some scepticism. The saying “if it sounds too good to be true it probably is” comes to mind but in this case maybe not!
So how does it work?
- You firstly sign up with a bookmaker and deposit you initial payment and this qualifies you for an introductory bonus.
- You place a bet with this bookies which qualifies you for your free bet.
- You then Lay the bet with the Betting exchange Betfair.
note – if you don’t understand this, laying a bet means betting on something not to happen, for example in a football match there are 3 possible outcomes, Team A win, Team B win or it’s a draw. To lay a bet you can bet on Team B not to win. This means that if either Team A win or it’s a draw the bet comes in.
- You repeat these steps with the free bets to cash in and profit.
As you can see with these steps you are always cover your bets, you cannot lose! Whatever the result you will win in 1 betting account. This is the Risk Free bit.
This isn’t a new system, people used to do this before Mike wrote about it but the bookies obviously cottoned on to this and now make it more difficult to withdraw winnings from free bets. What Bonus Bagging does is give you the exact step by step so you play through the free bets and qualify to actually withdraw the money.
Backing on one betting site and laying on another is not new either, this is called arbitrage betting and can be very profitable in it’s own right but doing this with the addition of the new betting account free bets makes it really lucrative.
You don’t need to know about betting, betting accounts to use Bonus Bagging, that is the beauty of it. Which bookmakers to choose, what bet to place and the odds are all automatically generated and arrive in your inbox for you to follow!!
If you’re still in doubt head over to Mike’s Site now http://www.bonusbagging.co.uk watch his video and read some of the testimonials.
This definitely gets the big thumbs up!