Cash Boosts Explained
The Cash Boosts section of Team Profit has been built with the view to provide the very best of online profit-boosting opportunities around the web.
Arguably, these offers are even simpler to complete than the matched betting welcome offers, whilst being equally high in profitability! The current Cash Boost offerings are limited t0 "Cashback" and "refer a friend" offers.
What is a cashback site?
A cashback site is quite simply a marketplace with all of your favourite websites. Who then give you back a percentage of your spend once your purchase with a particular website is confirmed.
Cashback Offer Example
Asos.com 10% Cashback on all purchases - this means that if you click the cashback site's link to asos.com before making a purchase then after the purchase is complete you will receive 10% of the cost back as cash. So it's effectively 10% off.
We can then use this for non-retail offers that they promote, e.g:
So here we can use the cashback site to sign up to Sun Bets, deposit and wager £5 (which will also give you a free £10 bet as part of their 'bet £5 get £10 offer') and you will get £10.50 cash from the cashback site.
Which if you're familiar with matched betting means that this offer is therefore worth £10.50 + £7 from the £10 free bet.
There are two cashback site offers in the cash boosts section at the moment:
Refer A Friend offers
What is a Refer A Friend offer?
These are very straightforward offers. Some bingo sites and sportsbooks offer a 'refer a friend' incentive.
This may turn borderline Welcome Offers into highly profitable Welcome Offers. This is because you either directly receive an additional incentive for being referred (in addition to the Welcome Offer) or if I receive the referral incentive, then I split this with you!
Refer A Friend Offer Example
Heart Bingo's Welcome Offer is 'Deposit £10 Get £40' bonus, with a 4x wagering, so it is not a profitable offer, however they do give a £5 cash and £10 cash in your first week.
So overall, this offer would be worth £5 profit risk free (-£10 deposit + £15 cash from them). But as you are signing up via their refer a friend scheme, I receive £20, of which I send £10 to you via Paypal. This means you make £15 profit risk-free!
I have written clear step by step guides for every refer a friend offer so it is straightforward, risk-free profit!
There is one refer a friend offers in the cash boosts section at the moment: