How I made $30,000 and enough Frequent flyer points to fly around the world 10 times over (in just 4 months).

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21 Responses

  1. MAXXX says:

    You have made it seem hat you receive points by placing wagers with the books. Yet in fact you earn points by depositing from the credit card to the book. So to earn what you outlined you would need to DEPOSIT $16000 – $32000 per weekend and then turn that over to be able to withdraw it again.

    So your limit on the card would need to be over $32000 because books don’t process withdraws on weekends so you would only be able to withdraw the $32000 by Monday at the earliest. Hence your card would need to be able the $32000 in deposits over the weekend

  2. Steve says:

    Yes, you need either to have a credit limit high enough, or enough money to keep depositing on the card.

    Everyone can do it up to whatever their limit is.

  3. DrChris says:

    Hey Steve, where did you hear that ANZ was gong to change soon. They just downgraded the rewards by about 25% in the last few months, are they going to downgrade further or will they count depositing to a bookie as a cash advance (or stop points accrual?) You got any idea when these changes are going to happen?

  4. Steve says:

    In a meeting in Canberra. They will be making them cash advances. Was not told a time frame, the words very soon were used. But that could mean weeks or years. I suspect start of next financial year.

  5. S Z says:

    I’m a little surprised by this – as far as I’m aware, ANZ stopped offering Qantas FF reward points for gambling deposits years ago. I’m definitely not the only one for whom this has happened.

  6. Steve says:

    I used FF as a catch all. ANZ rewards can be exchanged for a number of FF programs (not Qantas).

  7. S Z says:

    Even still, from memory about 3 years ago ANZ changed their terms and conditions so that there would be no reward points for gambling deposits.

    If it has been possible after all, then all my deposits via ANZ could have netted me some extra reward points. Ah well.

  8. Steve says:

    depends on the exact ANZ card you have. You need a rewards specific one.

  9. Tony says:


    What is the tool you show in the graphis comparing the odds?

  10. Steve says:

    Dynamic Odds

  11. Jimmy2727 says:

    Nice work Steve. I’m amazed Sportsbet honoured the boosted prices and didn’t classify them as a promo – even in NSW. Good get!

  12. Lee says:

    Does anyone know of a similar rewards program for the UK? I’m not finding a way to do it thus far. Well done though Steve, you’ve got me thinking. I would have loved to have got on some of this action

  13. Steve says:

    Sadly I’m out of the loop for UK rewards. I know there are some very generous rewards programs, I just don’t know if they work with gambling sites.
    When America gets it’s act together, rewards + betting over there will be a goldmine.. Would be tempted to live there for a few years as the profits would be unlimited

  14. Damian says:

    Care to elaborate on the America point? With rewards you mean flyer points or something else? And how is betting in america, its illegal but I know some books accept USA customers (Bovada, Bookmaker) how is that possible? Cheers.

  15. Steve says:

    yep, FF points. I said “when” it gets it act together, so still years away to make it legal.

  16. G-Unit says:

    good racket

  17. Martin Lindsay says:

    Hi Steve, love your work. Which ANZ reward card do you have specifically?

  18. Steve says:

    I use this one

    But any ANZ rewards card works (for now)

  19. Trader Stu says:

    Sadly UK bookies don’t have to offer fixed odds bets and will ban you pretty quickly if they think you are gaming the system, or winning, or just a good punter. It is a total joke really.

  20. Huy Pham says:

    Can you tell me what you are using to see the market odds in the first screenshot?

  21. James says:

    Hey Steve,

    Love the site, filthy i’ve only just come across it!

    Have you got a replacement for the ANZ black card yet? I had been using that card until the recent changes.



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