Bonusbank Tools and Software
A complete reference guide to all tools available on Bonusbank, what each one does, and which membership tier has access.
Software
ATM
The ATM is the core matched betting tool. It scans bookmaker markets in real time and compares them against Betfair, identifying opportunities across three categories: bonus bet conversion, arbitrage, and mug betting.
Each row in the ATM shows a back bet at a bookmaker and the corresponding lay bet at Betfair. The SNR column shows the return as a percentage of stake when using a bonus bet. The SR column shows the return when using cash.
- Basic: 10 bookmakers
- Plus/Pro: 80+ bookmakers across a wide range of sports and markets
For a full list of covered bookmakers and markets, see the Market Coverage page.
Dutching Software
The Dutching Software compares bookmaker odds against other bookmakers rather than against Betfair. It identifies opportunities to cover all outcomes of an event across two or more bookies, which is useful for promo plays, wagering requirements, mug betting, arbitrage, and middles.
A green P/L figure indicates an arbitrage opportunity where profit is guaranteed regardless of the result. Pro members typically see 100+ arbs available at once.
- Basic: 10 bookies, high-profile events and main markets only
- Plus: 80+ bookies, wider range of leagues and markets
- Pro: Addition of Player Props, Lines, and Totals; the most common markets for arbs
HorsePower
HorsePower is a Chrome extension that compares bookmaker odds against Betfair in real time for horse racing markets. It identifies the best promo opportunities across thoroughbred, harness, and greyhound racing.
HorsePower displays the EV of each opportunity and the applicable Betfair commission rate for each race. It supports multiple modes that cover refund promos, bonus bet conversion, mug bets, and more.
- Basic: Lite version with 5 bookmakers, thoroughbreds only, Australia only, 3 modes
- Plus/Pro: Full version with 100+ bookmakers, all racing codes, 8+ modes, international markets
HorsePower requires a manual installation as a Chrome extension. Installation instructions are in the Horse Racing course.
Racing Matcher
The Racing Matcher is a web-based alternative to HorsePower, designed for mobile use or situations where HorsePower is not available.
It has the added advantage that it shows odds from all races rather than just one, meaning that it can be used to place bets at any time. However, the refresh rate is slower than HorsePower so it is less useful in fast moving markets i.e. just before the race starts.
- Available on: Plus & Pro
Multi-Matcher
The Multi-Matcher identifies the best leg combinations for no-lay multi promos. It pulls data from the ATM, calculates overall EV, and shows the probability and payout for every possible outcome. Key settings include risk tolerance (to cap the maximum odds of the high-odds leg), Low Var mode (lower odds for more consistent results), and SNR mode (for bonus bet conversion).
- Available on: Plus & Pro
Lay at the Start Multi-Matcher
A variant of the Multi-Matcher designed for the Lay at the Start approach to multi promos. Instead of no-lay, it calculates lay stakes for each leg using the mean back odds across the multi, which reduces variance compared to standard sequential laying while maintaining higher EV than full sequential laying.
- Available on: Plus & Pro
2up Software
The 2up Software scans soccer markets to identify the best games for the Bet365 2up promo (early payout if your team takes a two-goal lead). Displays qualifying loss, payout potential, probability of four or more goals, BTTS probability, and an overall rating. Includes a No Lay mode.
- Available on: Plus & Pro
Golf Extra Place Software
Scans golf markets to identify opportunities for middles or arbs by taking advantage of the way each-way odds are calculated. Especially useful when bookies have enhanced each-way markets.
- Available on: Pro
SGM Finder
Maximises the odds on your SGMs by finding the legs that offer the best value at each bookie. Flags up selections that are offering better than the fair odds or better than the rest of the market (in cases where fair odds can't be calculated)
- Available on: Pro
Odds Comparison Tool
Compares bookmaker odds across a wide range of markets to identify the best available price for any selection. Useful for identifying value and finding the best back odds before placing.
- Available on: Plus & Pro (market coverage varies)
Value Betting Software
Identifies bets where a bookmaker has priced a selection at odds higher than the true probability warrants. Used by Pro members to make money without the need for promos.
- Available on: Pro
Combo Cover
Helps members quickly convert bonus bets by covering all (or some) of the possible combinations of a multi. Provides ~75% retention and can be used to convert up to 16 bonus bets in just a few minutes. This approach is also better for account sustainability than converting using the ATM or HorsePower.
- Available on: Pro
EV Bot
Third-party bot provided by BetHero. Identifies +EV and arbitrage bets across a huge range of markets. Uses the same principles as our in-house value betting software. Covers less Australian bookies but has a wider range of international markets.
- Available on: Pro
Middles Software
Scans bookmaker markets to identify middle opportunities in handicap and totals markets. Calculates the fair odds of each middle and their expected value. Customisable to your own set of bookmakers and preferences.
- Available on: Pro
Calculators
Back/Lay Calculator
The core calculator for matched betting. Enter the back odds, lay odds, Betfair commission, and stake to calculate the optimal lay stake and guaranteed profit. Supports cash bets and bonus bets (SNR & SR).
- Available on: Free, Basic, Plus & Pro
Advanced Back/Lay Calculator
An extended version of the Back/Lay Calculator with additional options for underlaying, overlaying, and laying across different odds.
- Available on: Plus & Pro
Dutching Calculator
Calculates the stakes required for a balanced outcome when dutching two or more bookmakers against each other. Used for promo plays, wagering requirements, mug betting, and arbs.
- Available on: Basic, Plus & Pro
Extra Profit Calculator
Used for promos that offer additional winnings, as cash or bonus bets, on top of a winning bet. Calculates the optimal stake to use and the expected profit.
- Available on: Basic, Plus & Pro
Free Crack Calculator
Used for free crack promos where you receive a bonus bet if your bet loses. Can be used to guarantee equal profits on all outcomes or can be weighted to favour one outcome.
- Available on: Basic, Plus & Pro
Multi Promo Calculator
The Multi Promo Calculator handles sequential laying for multi promos where you wait for each leg to settle before laying the next. Supports Lock-in mode (same profit regardless of final leg result) and No-loss mode (break even if final leg loses, larger profit if it wins).
- Available on: Plus & Pro
Early Payout Calculator
Used to lock-in a profit after an early payout has been triggered, for example when your team has gone two goals up. By placing an additional back bet you can lock-in a guaranteed return.
- Available on: Plus & Pro
2nd/3rd Lock-in Calculator
Can be used to take a very conservative approach to racing promos that offer a refund for placing. By laying both the win and the place market you can lock-in a profit before the race starts. Long-term profits are much lower with this approach though so it is not something we recommend.
- Available on: Plus & Pro
EV Calculator
Calculate the expected value of a promo by entering the back and lay odds of your qualifying bet and the probability of the promo triggering. Also has an option for when the qualifying bet is dutched instead of laid.
- Available on: Plus & Pro
Double Lay Calculator
Used for promos that offer a refund if a different outcome on the same market wins e.g. "Back a team and get a bonus bet if the match ends in a draw".
- Available on: Plus & Pro
Kelly Criterion Calculator
Calculates the optimal stake size for value bets based on your bankroll and the edge available. Used to size value bets correctly and manage bankroll growth over time.
- Available on: Plus & Pro
SNR Multi Calculator
Used for converting bonus bets using 2-leg multis with each leg laid sequentially. A strategy that can provide high retention rates while appearing more like a mug bet to the bookie.
- Available on: Plus & Pro
SGM Insurance Calculator
Used to reduce the variance on SGM promos by selecting legs where one is guaranteed to win (i.e. Team to win and Team B + 10 points) and then placing additional SGMs at other bookies to cover alternative outcomes. Can only be used with certain bookies.
- Available on: Plus & Pro
Neds Back Up Calculator
Calculates the optimal approach for the Neds Back Up promo, where Neds refunds your stake if your horse finishes second and the horse you selected as the 'back-up' finishes first.
Available on: Plus & Pro
X out of N Calculator
Used to calculate the expected value of boost promos that pay out if a certain number of winners are achieved from a larger sample of bets. For example "James McDonald to win 3 races at Randwick today"
- Available on: Plus & Pro
True Odds Calculator
Calculates the true (fair) odds of an outcome by removing the bookmaker's overround. Useful for assessing whether a promo or odds boost represents genuine value.
- Available on: Plus & Pro
Combined Odds Calculator
Calculates the combined odds of multiple selections in a single event. For example, the odds that one of Collingwood or Hawthorn will win the AFL Premiership.
- Available on: Plus & Pro
Resources
Bookie Library
A reference database covering all Australian bookmakers. Includes information about their ownership, software platform, the Bonusbank subscription level required to view their odds, the suggested order you should open them, and much more.
- Available on: Basic, Plus & Pro
Sports Promos Page
A live database of current bookmaker promotions across all major sports, updated daily by the Bonusbank team and member contributions. Each promo includes an EV rating, strategy link, and flag indicator.
Two views are available. Current Promos lists events chronologically. Best Promos ranks all available promos by EV so the highest-returning opportunities appear first.
- Available on: Basic, Plus & Pro
Racing Promos Page
A purpose-built promo database for horse racing. Displays all upcoming races with available promos, EV ratings, and strategy guides. Includes a Best Time to Bet chart showing promo density across the day by hour.
- Available on: Basic, Plus & Pro