Matched betting and remortgaging

Hi, 
My husband is thinking of doing matched betting. We have a mortgage fixed but will soon be looking for a new deal with the same lender. If he does it  will matched betting affect this? If he set it up through a different account could we just not show the matched betting account? What have your experiences been of matched betting? 

Comments

  • I had loads of betting transactions on my statements, some for hundreds of pounds, Barclays didnt bat an eyelid.
  • I had done match-betting for 2 years before our first mortgage. Advisor did not make a mention of it at all. I suspect if it showed you were in financial difficulties because of it then that would be a different story but as long you do match-betting right, you'll have some nice profit. 

    However, I would strongly advise your husband to set up a separate bank account/bank purely for match-betting only, it will make it a lot easier to track transactions because if you are going to commit to it, you'll be looking at 50 different companies as part of it. I would also create a spreadsheet tracking all of the bets, profit and accounts set up. 

    P.S, use incongnito mode when placing bets/visiting websites.. bookies do not like match-betters and will ban or restrict you.
  • What site do you use to keep track of the latest betting offers?
  • cookie666 said:
    What site do you use to keep track of the latest betting offers?
    Matchedbettingblog is the best free one I use (or used to use before all my accounts got gubbed).

    OddsMonkey and Profit Accumulator I’ve seen recommended in the past, these are probably slightly better but you have to pay a monthly fee. From memory OddsMonkey used to do a free trial or similar. 
  • RebekahR
    RebekahR Posts: 5,987 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    What happened to the matched betting part of this forum? I've not been on here for ages and it's all changed. Can someone guide me to it pls!
  • soolin
    soolin Posts: 73,744 Ambassador
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    RebekahR said:
    What happened to the matched betting part of this forum? I've not been on here for ages and it's all changed. Can someone guide me to it pls!
    The matched betting sub forum has been retired. matched betting is not allowed to be discussed here so I will close this thread now. 
    I’m a Forum Ambassador and I support the Forum Team on the eBay, Auctions, Car Boot & Jumble Sales, Boost Your Income, Praise, Vents & Warnings, Overseas Holidays & Travel Planning , UK Holidays, Days Out & Entertainments boards. If you need any help on these boards, do let me know.. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.All views are my own and not the official line of MoneySavingExpert.
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