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.
What is Bonus Bagging: Overview
- Name: Bonus Bagging
- Price: $27
- Type: Betting System
- Owner: Mike Cruickshank
- Website: http://bonusbagging.co.uk/
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, and 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.
- 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.
Warning: 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 Really Make $500 a Month?
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?
Bonus Bagging is an interesting system that you can use to make money placing bets by taking advantage of the free bonus bets that companies offer 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 risk. I’d use it to make some cash but I wouldn’t invest all my time into it.
I will invest all my time into building my own online business, one that makes money day in and day out – even while I’m sleeping!
And that’s what I did.
Want to learn how I did it?