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Since becoming a stay at home Mum, I’ve been constantly on the lookout for new ways to make extra cash. I’ve tried loads of different ways to make money from home so I can spend my days with my son and Matched Betting is without a doubt the best. I’ve seen it mentioned so many times online before when researching money making ideas. So, I thought I’d give it a go and see what all the fuss is about. Since I started a few weeks ago I’ve made almost £1000 in tax free cash! I really recommend giving it a go if you’re looking for a new way to earn extra money from home.
What Is Matched Betting?
Matched Betting is basically a way of taking advantage of free offers and special promotions from bookmakers. Sites will offer you a bonus such as a free bet for signing up with them. In order to make money from this you will place a bet with the bookmaker, and then place a bet against the same outcome with another website called an exchange. For example, you could bet on England to win against Spain. You’d then bet AGAINST England to win with the exchange, so whatever the outcome of the game, you win one of the bets.
Even when you’ve completed all the new customer sign up offers, you can still make money. Sites will regularly offer you free bets, special odds and bonuses to keep you betting with them. These are called reload offers and are how you can continue to make money.
Is Matched Betting Legit?
I think one of the reasons people don’t try Matched Betting is because it sounds to good to be true. I was certainly wary when I first heard about it, but it is 100% legal in the UK. Before I decided to try it out, I did a LOT of research. I read tons of websites and asked other money bloggers what their experience was. Everyone I spoke to had good things to say about it so I decided to try it for myself. I think if you’re considering it, do a bit of research, learn the terminology then it won’t seem so confusing, and just give it a go! If it’s not for you, you haven’t lost anything by trying.
Can You Really Make Money?
Yes, since I started a few weeks ago I’ve made nearly £1000. How much you can make really does depend how much time and effort you put into it.
Is There Any Risk Involved?
As long as you pay attention to what you’re doing, Matched Betting is risk free. Matched Betting is NOT gambling. You are betting on all possible outcomes of a game so whichever way it ends up you’ve made a profit! You just need to be careful and pay attention to what you’re doing to make sure you place your bets correctly.
How Do You Get Started?
I would really recommend using Profit Accumulator to get started. It’s a brilliant website that contains everything you need to get started with Matched Betting. You can learn the basics and earn up to £45 with your first two offers through their free trial. You will need around £50 to get started, and once you’ve completed the offers you can use your profit to keep going and earning more!
Do You Need To Know A Lot About Sport Or Gambling?
No. If you use Profit Accumulator all the hard work is done for you. It has training videos, step by step guides, software that does all your calculations and even a help forum.
Things You Should Know:
- If you have any history of gambling problems, Matched Betting is not for you – please do not enter any gambling websites
- Some bookmakers carry out a credit search
- Try and build up a pot of money from your profits that you use to complete your next offer. The more you have in your pot the quicker you can complete more offers and make more money!
- I would personally avoid Matched Betting in the run up to a mortgage application. You may need to provide your bank statements and if it shows lots of money going in and out from gambling websites, it could be a warning flag to lenders.