My plan to get £500 in 2016

GONEC

What do you think?
TSB Plus accounts,giving 5% AER on £5K
Nationwide accounts,giving 5% AER on £5K
Club Lloyds accounts, giving 4% AER on £5K

YorkshireBoy

GONEC wrote: »

What do you think?
TSB Plus accounts,giving 5% AER on £5K
Nationwide accounts,giving 5% AER on £5K
Club Lloyds accounts, giving 4% AER on £5K

I "think" you should go read the T&Cs for the first two.

Dan83

jaydeeuk1 wrote: »

Take up matched betting and you'll make £550 in a weekend on £8k

What is matched betting?

colsten

Dan83 wrote: »

What is matched betting?

http://forums.moneysavingexpert.com/forumdisplay.php?f=41

jaydeeuk1

Dan83 wrote: »

What is matched betting?

All you need to know is on this forum
http://forums.moneysavingexpert.com/forumdisplay.php?f=41

Bit late to the party, 2007 was a good year, some people (claim) to make £30k+ a year, I reckon £200-300 a month on average spending an hour or two a week is more realistic long term, assuming you have a couple of k you can play with.

It isn't gambling but there are risks, betting companies go bust far more often than you might think, exchanges can crash etc.

Treat it as a hobby, it pays for my brand new car and holidays each year.

colsten

jaydeeuk1 wrote: »

Bit late to the party, 2007 was a good year, some people (claim) to make £30k+ a year

I claim near £750K since 2005, so £75K a year average. This required me to be a dedicated 'gambler'. It's all an awful lot more difficult than it used to be but it is still possible to make a moderate income from matched betting if you know what you are doing.

YorkshireBoy

colsten wrote: »

I claim near ***** since 2005, so ***** a year average.

I'm gobsmacked, and truly impressed! And also wish I'd listened to you all those years ago.


Asterisked out your figures because I suspect you'll delete them or your post shortly.

jaydeeuk1

colsten wrote: »

I claim near £750K since 2005, so £75K a year average. This required me to be a dedicated 'gambler'. It's all an awful lot more difficult than it used to be but it is still possible to make a moderate income from matched betting if you know what you are doing.

If £75k is true, and I'm assuming you're also hitting casino bonuses too, then well done. I find trying to make £3000+ a month a lonely experience, often dealing g with figures and hundreds of bets a week that requires complete concentration and shutting yourself away from wife and kids, and rather than being fun, I found it a chore. I tried it for 6 months around 2007-2008 but I hated it, the amount of hours spent eventually hit a point of diminishing returns. I cut down the matched betting to a level I enjoy, concentrated more on work which makes me far more money than I ever did at betting, and I spend more time with the wife and kids.

Ashen

I've been doing some matched betting, but no idea how anyone gets close to any of the figures quoted. Just wish I knew what I was missing

colsten

YorkshireBoy wrote: »

I'm gobsmacked, and truly impressed! And also wish I'd listened to you all those years ago.


Asterisked out your figures because I suspect you'll delete them or your post shortly.

I don't need to delete or asterisk my £750K now or any time in the future.