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Matched betting.. Experiences

(4 Posts)
Creamcheeseontoast Fri 12-Jan-18 09:16:07

Just a general wondering. I never spend any money on wasteful things. But keep hearing only good things about matched betting. Don't get me wrong I know there are prob bad stories too.
Just was thinking shall. I have a bit of fun and do a 20 bet?
I'm. Definitely tell type to not let things spiral as my mum worked in the betting industry for 20 years and heard also sorts of horrible stories.

Fluffycloudland77 Sat 13-Jan-18 08:58:29

There's a long thread in the money section on this.

SexandDrugsandaNiceCuppa Sun 14-Jan-18 09:44:27

It's not a matter of just placing a £20 bet - you need to really look into it before starting or you could lose cash. I did it for about a year and made £200 - £300 a month, but you do have to know what you're doing. As well as the thread on here there is advice on the money saving expert website.

xyzandabc Sun 14-Jan-18 09:55:21

That's not the way it works. You need more than £20 to start with as you need to lay the bet as well as place it.
Ive started very slowly. Since September I've made about £650 profit from an initial £150 investment. It could have been a lot more but I haven't had time to read up on the more complicated stuff (accas, price boosts, bingo, casinos) so strictly stick go the offers I understand. I also haven't taken anything out of my profit pot as it gets reinvested each week so it's not an 'income' yet iyswim.

There are lots of good guides out there, you need to read them, understand them then follow the instructions carefully before placing any money on anything. Start with moneysavingexpert then either oddsmonkey or profit accumulator, read, read, read, then go for it.

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