Note: This offer has now ended. The current offer is a 100% bonus to $500

This is an affiliate post. What that means is if you join this bookmaker through my link, your account is linked under my name. Every month the affiliate will work out how everyone who I referred has done and if they have made a profit from them I will receive a cut (25%) of that profit. I’m sure you see banner ads on every other site you visit. I do not advertise bookies apart from one offs like this and only when I feel it is in your interest to hear about it. 

Note: This offer has now ended. The current offer is a 100% bonus to $500

Madbookie is a new Aussie bookie who have a pretty interesting story. They noticed that a lot of their mates who bet a fair bit (and usually lost) were being limited by the big guys after going on small losing runs. They might have lost a few hundred thousand to a bookie, but if they happened to claw $50k of that back over a weekend, they were banned. I’ve talked about how stupid the current crop of corporates are, their main metric is short term profit. It seems they don’t care if they would have made $100’s of thousands from these punters over the next few years, if they affected the short term profit, they were gone. When you give employees an incentive based on short term results, this is what happens. The guys at Madbookie decided to get together and allow these sort of punters to bet. They decided to do exactly the opposite of what William Hill, Sportsbet and Ladbrokes do, they decided to become bookmakers.

They started small with about 40 guys who they knew liked to bet big but couldn’t get bets on anymore and over the last few months have grown to having a few thousand customers. I’ve been with them for a few months and they have been taking my bets. I thought I would be limited very quickly as I have been conditioned to just accept that I can’t place a bet with an Aussie bookie. So last week I tried a small $1,000 bet on the AFL and it was accepted, I deposited again and tried $2,000 on the same bet and that was taken too. I’ve requested a number of withdrawals now and they have all been paid quickly. I’ve been told they have been taking some very sizeable bets from others as well.

As we all know, if something sounds too good to be true, it usually is. I called up Madbookie and asked a number of questions, mostly around how they go about limiting winners. I was told that instead of simply banning you, they will call you and let you know what limits you can bet too, if you’re betting days in advance they will likely give you a call, but if you are betting on the day of the race or event, it’s likely they will take very big bets. The odds are also on par with all the corporates.

The sign up offer

For this week only (been extended till end of September), they are really going Mad (see what I did there). They have a 120% bonus up to $1,200. So deposit $1,000 and get a $1,200 bonus. You can deposit smaller amounts and get a 120% bonus on that too. As they are still new, they have to offer these sort of incentives to get people in the door, they also offer a heap of promos each week.

Another cool little thing they do is give you back a bit of you have had a losing week. On Mondays you might see a freebet in your account if you have not done well that week. I’ve also heard about them sending cases of beers to members and other goodies.

By signing up under me, you could potentially help me financially, but you also know that I will go into bat for you if there is a problem with your account. If they stop taking bets, or start limiting or banning people, I will happily tell everyone about it. But I also like to give new bookies a chance to show they are different.

They also are happy to accept International customers and give the bonus. If you do not have an Australian bank account, you will need to request a payout via support and there is a $30 AUD fee for International withdrawals.

So if you want to try a new bookie this week and get a huge bonus. Sign up using this link.