Every dollar I pulled from promos last month, broken down by method. Some of this was easy money. Some of it was a grind. Here's the full picture.
Published: March 5, 2026
February was a short month and I was traveling for a week of it, so this number is lower than January's $2,840. I'm not mad about it. $2,147 for maybe 6 hours of actual work across the whole month is hard to complain about.
Quick note on how I track this: I log every redemption, every free bet conversion, and every bonus cashout in a spreadsheet. The number you see here is net profit after accounting for qualifying losses on matched bets and any deposits I made for bonus churning. This is real take-home, not gross handle.
Matched betting carried the month again. That's been the case every month since I started tracking. The free bet conversions from DraftKings and FanDuel alone were worth $480. BetMGM's reload promo added another $215. The rest came from smaller books.
This is the autopilot money. Beat the Spin handles the daily claims on 8 sites for me. I log in maybe twice a week to check balances and submit redemptions. February's haul broke down like this:
Chumba is still the best sweepstakes site for pure bonus extraction. Their daily login bonus is worth more than most other sites combined, and redemptions process in 3-5 business days. I never have issues with them.
Stake.us had a good month because they ran a Valentine's Day promo that doubled the daily SC for a week. That kind of thing is hard to predict but easy to capture if you're already claiming daily.
I dropped two A1 Development sites (Funrize and NoLimitCoins) from my rotation after writing the investigation. The $25 lifetime cap on free-play redemptions makes them not worth the time.
This is where the real money is, and it's also where I spent the most time. Maybe 3 hours total across the month, spread out over 8-10 sessions.
The big wins this month came from three sources:
The remaining $443 came from smaller conversions across Caesars, BetRivers, and a few state-specific books. Nothing exciting individually, but it adds up.
One thing I want to be honest about: February was a good month for matched betting because of the Super Bowl. Almost every book ran a promo. March will probably be quieter. I'll report whatever the number is.
This is the most volatile category. Casino deposit matches are positive expected value, but you can absolutely have losing months. January I made $1,100 here. December I lost $200. Over time it trends toward the EV, but any single month can swing hard.
February went well. I hit two deposit matches:
If you're new to casino +EV, start with the full guide. The math works, but you need to be comfortable with variance. Don't play with money you can't afford to see swing.
Prediction arb ($187.50) came from three trades on Polymarket vs. Kalshi. The spreads have been tightening over the past few months as more people catch on, so the opportunities are smaller and less frequent. I found a 4.2% spread on an interest rate decision, a 3.1% spread on a cabinet confirmation, and a 2.8% spread on a GDP estimate. All three resolved in my favor, but that's how arb works -- they all should.
Bonus churning ($132) was two reload offers from DraftKings Casino and one from FanDuel Casino. These are getting harder to find. The books are tightening their promo targeting, which makes sense from their perspective. The window on easy churning money is slowly closing, and I expect this category to shrink over the next 6-12 months.
I tracked my time loosely this month. Here's the rough breakdown:
That works out to about $358/hour. Obviously that's not a real hourly rate because the income isn't consistent and there's variance, but it gives you a sense of the time-to-reward ratio. Sweepstakes has the best ratio by far because Beat the Spin handles the daily claiming. Matched betting takes more active work but pays the most.
March Madness should bring a wave of sportsbook promos, so I expect matched betting to stay strong. Casino deposit matches tend to be quieter in Q1, so that number might dip. Sweepstakes will be about the same -- it always is, which is the nice thing about it.
I'm also testing two new sweepstakes sites that launched in February. If they're worth adding to the rotation, I'll include them in next month's report.
If you want to get started with any of these methods, the matched betting guide is the best place to begin. It has the highest floor and lowest variance of anything I do.
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