Matched Betting: win or lose?

edited 30 November -1 at 1:00AM in Boost Your Income
9 replies 17.5K views
TaBunnyTaBunny Forumite
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edited 30 November -1 at 1:00AM in Boost Your Income
Hi I'm desperate to make some money and have been told to try Matched Betting, but I don't understand it at all and I can't fathom how betting can guarantee you win. Has anyone tried it?
:p

Replies

  • LuSiVeLuSiVe Forumite
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    Try looking in the right part of the forums:

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

    But be very careful and understand the risks before you do anything...
  • edited 20 June 2017 at 5:29PM
    RedalligatorRedalligator Forumite
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    edited 20 June 2017 at 5:29PM
    TaBunny wrote: »
    Hi I'm desperate to make some money and have been told to try Matched Betting, but I don't understand it at all and I can't fathom how betting can guarantee you win. Has anyone tried it?

    I have been doing matched betting since last august and have made £4,881.24 so far (i religiously update my spreadsheets) which is roughly £500 a month. It's also tax free.

    Its allowed me to go on holidays, go to multiple gigs across the UK and even bought myself a car. Nothing flashy but i love it.

    If you do decide to start matched betting don't give up. It may seem complicated at first but within a few weeks it will start becoming clearer and clearer. To me its just second nature now. I have a website that has a step by step guide (with pictures) to show you how do do the basic sign up offers. You can find the link in my bio on my profile if you wish to look at the website.

    However there is a lot of information on matched betting on the forum and you can always message me privately on here if you have any questions.
    Luke :)
  • mikep22mikep22 Forumite
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    I have also made a lot of money from MB'ing....I would also estimate about £4k since slightly earlier then Luke. Today without trying I have made £35 - though undoubtably others will have made much more. Compare with surveys where I have made (and am happy with) £6.

    Ironically its probably not the best time to start it, as it is in the off season for football, but there are still offers available.

    I am happy to offer any assistance. Its easier then people think to be honest. The biggest advice I could give you....Match Betting could make anyone a lot of money, but dont get greedy. Maybe even take a risk every now and again with the odd bet, this is what the bookies are looking for!
    Debt: May 15: £17335 Jul 16: £13874 Jan 17: £11,606 Dec 18: £8,308 Sept 19: £4,969 Jul 21: £890
    :beer:
  • I'd say definitely give it a go. Even if it gets a bit complicated after a while, just do the sign up offers and you can make a few hundred pounds in no time.

    I started at the end of April and have made close to £400. I've hardly touched it in the past 3-4 weeks but the lure of Royal Ascot got me interested again.

    Luke, which spreadsheet are you using? Any that I come across are either too complicated to make it worth while or don't work at all.

    Matt
  • Matched betting is great, providing you pay attention to what you're doing. I've lost out on a few because I didn't check properly what I was doing, still up though.

    The bigger bankroll you can start with the better.
  • Seems so difficult to me...
  • mikep22mikep22 Forumite
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    villa1471 wrote: »
    Seems so difficult to me...

    If you are thinking that then it probably will be difficult.

    If you are open and willing to listen and take in what all the tutorials say then you'll find its usually quite a straight forward process.

    The biggest advice I could say is not to be greedy.....
    Debt: May 15: £17335 Jul 16: £13874 Jan 17: £11,606 Dec 18: £8,308 Sept 19: £4,969 Jul 21: £890
    :beer:
  • LuSiVeLuSiVe Forumite
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    Could you take this to the actual matched betting forum please - everything is covered there already.
  • BrowntoaBrowntoa Forumite, Board Guide
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    Closing as only allowed on matched betting part of the forum
    Links in my signature currently broken
    I'm the Board Guide of the ,Telephones, Pensions , Shop Don't drop ,over 50's , Boost your income and Discount Code boards which means I volunteer to help get your forum questions answered and keep the forum runnning smoothly .However, please remember, board guides don't read every post. If you spot an inappropriate or illegal post please report it to [email protected] Any views are mine and not the official line of MoneySavingExpert.[
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