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Great ‘Bit On The Side’ Hunt

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  • Annando
    Annando Posts: 458 Forumite
    Car Insurance Carver! Cashback Cashier
    I got a leaflet through the post this morning, apparently Royal Mail is looking to hire people for temporary work over the Xmas period, they state that the rates of pay are good (HMMM! :rolleyes:).
    Doesn't hurt to give it a try I guess!
  • i know there is a thread that explains matched betting but i cant find it, any ideas anyone?
  • comping_cat
    comping_cat Posts: 24,006 Forumite
    Part of the Furniture Combo Breaker Mortgage-free Glee!
    i know there is a thread that explains matched betting but i cant find it, any ideas anyone?
    i would be interested in that too, im too chicken at the moment to risk trying it!!!!
  • kathfisch
    kathfisch Posts: 3,042 Forumite
    Don't stress, relax, let life roll off your backs. Except for death and paying taxes, everything in life is only for now... Avenue Q
    Official DFW Nerd Club - Member no. 003 :DProud to have become debt free... and striving to keep it that way
  • i have sold lots of books on greenmetroplis - i find specalist subjects sell better eg hobbies & si fi (have also bought quite a few bargins )

    http://www.greenmetropolis.com/news.asp
    "what lies behind us & what lies before us are tiny matters compared to what lies within us" Ralph Waldo Emerson
  • A lot of peolple have mentioned getting bamk charges refunded. How do you do this? Apologies if it is on another thread!
  • mamazaac
    mamazaac Posts: 659 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    sirboz wrote:
    sign up to quidco , join corals using the player promotion code & deposit £50 (£20 cashback) join betfair use promo code deposit £25 (£25 cashback) . Find a close match at short odds of maybe 1.1, bet your £50 , lay the same on betfair and you will lose a small amount maybe £1


    Sorry if I'm being a bit thick, but I don't understand betting procedures terribly well. You say bet your £50 at short odds and you will lose about £1(what is short odds and do you bet the whole £50 in one go?). From my limited understanding of betting, if you lose your bet you lose all your stake, so how does it work that you only lose a small amount please? Surely you are taking a chance of losing the whole £50?

    Thanks for any help.
  • Tim_L
    Tim_L Posts: 3,816 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Matched betting is quite simple in concept. Essentially it involves betting on both sides of an outcome, for example you bet on Manchester United to win at one bookmaker, and bet on them not to win elsewhere.

    The two bets cancel out, i.e. you don't win or lose overall. - if Man U have a 30% chance of winning, they have about a 70% chance of not winning, and the overall odds reflect this. Maybe a better example is a coin toss - there's a 50% chance of heads or tails, so odds would be evens (i.e. you double your money if you win a bet). If you bet on heads and heads comes up, you would make a profit of £1 for a £1 bet; if you had bet on tails you would lose £1. £1 - £1 = 0. And vice versa.

    If you do this with your own money, it's pointless, and in fact you would probably lose 10-15% of your stakes because of the way bookmakers set their odds with a margin favourable to them. But if you do it with a free bet, you gain 80-100% of the free bet amount.

    There is no risk apart from the risk of making mistakes. Most people who do this - very few of whom have bet before - are terrified on the first bet, then pick it up very quickly. It's really very easy money indeed (one person you could ask is Divadee who strayed onto the gambling board by accident and then stayed - she's made a lot of money).

    Typically most people make £500 easily over a few weeks, £1000 with a bit more effort, and above that the sky is the limit (see Donglemouse's diary on the gambling board). Big returns do require a bit more work, but most people find it an absorbing and rewarding pastime.

    You don't actually need to understand the maths because there are a set of spreadsheets for doing the sums. But anyone needing or wanting a bit of spare cash should do this - it's absolutely the easiest way of generating free money you will ever find. Probably the best kept secret on this site.
  • luis1973
    luis1973 Posts: 43 Forumite
    I work for AQA if anyone has any questions about it.
    Rebecca Martin

  • irish_2
    irish_2 Posts: 5 Forumite
    unixgirluk wrote:
    Managed to get a second job via monster.co.uk. Its based at home and I can do the hours I want. Depending on what i'm doing I get £7, £9 or £15 an hour. Was bit sceptical till the first cheque came in. Hoping to feel up to doing a bit this weekend so I can expect a nice cheque from them next week. They seemed to have lots of working from home positions.
    please this is my second attempt to make contact with you, please could you give me more information on what you are doing, it would ideally suit me as I have a small family, please could you submit your details I wouls love to contact you directly to find out more
    Many thanks
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