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Matched betting and remortgaging

savvymum1
Posts: 37 Forumite

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?
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?
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Comments
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I had loads of betting transactions on my statements, some for hundreds of pounds, Barclays didnt bat an eyelid.0
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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.2 -
What site do you use to keep track of the latest betting offers?0
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cookie666 said:What site do you use to keep track of the latest betting offers?
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.1 -
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!
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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!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.0
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