Feb 15th – Feb 21st +$4,227.86

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  • Dean

    Awesome video, very clever. Blog is interesting to read as always and nice to see a couple of back to back profits. Bit of a random question but I recall you mentioning Frequent Flyer points in the past and presumably that helped out a lot towards your trip. Did the bank/qantas never question the fact that the purchases are into betting accounts as opposed to actual purchases? Certainly is a good way to deposit the funds to rack up the points simultaneously.

  • admin

    Hi Dean,
    Thanks for the comment. Yep, I used most of my points to pay for the flights around the world. Makes the trip so much cheaper.

    With regards to the FF points, I have now changed banks as I was using Commbank and they changed their terms to say that deposits into sportsbooks are classified as cash advances, which means a big fee for each deposit and no FF points. When I called them, they said it was a government order to stop people using credit to bet with. We all know how badly viewed gambling is in the general population, so the government introduces these bills to appease the majority.

    I moved my banking to the ANZ and so far they have not changed their policy to call deposits to sportsbooks as cash advances, but I know that it’s only a matter of time. But while they still accept them I’m happy to keep getting the points.