Match betting - should I?

[Selfimprovement]

I’ve been reading about people making money from match betting. I’ve done a bit of research on it and it looks like a good side hustle to make some extra cash. Should I give it a go? What do I need to know? I’m a bit scared as I don’t want to lose money.

I did it for a while and made a few hundred. If you do it properly, you won't lose money. Team profit is worth a look as they provide a step by step guide.

@skippy67

I did it for a while and made a few hundred. If you do it properly, you won't lose money. Team profit is worth a look as they provide a step by step guide.

Thanks. How come you stopped?

I've been doing it for a few weeks very cautiously and have made about £150. If you follow the Team Profit guide, watch their videos and take your time understanding everything, you will make money.

The biggest downside for me is that the more money you have in your exchange account, the more you can make - so your profit is not really available to spend, it's more like building up some savings in your exchange account so you can keep making more.

Echo others advice. I made a few hundred doing it, I stopped because I got bored, it takes a while to learn and build up your stake. It is in no way a get rich quick scheme.

I made almost £2000 over two years but then the offers started drying up so I've pretty much stopped now. Still, that was a good sum of money for messing about on my phone ☺️
I had an oddsmonkey subscription.

I made around £12,000 a few years ago. Matched betting is. Great hobby but read, read, watch the videos, read some more, ask questions and take it slowly. Team Profit and OddsMonkey are great.

Thanks all. I will do some more research before taking the plunge and actually placing a bet. Wow 12000, I was impressed when I heard the figure of 2000!

@DappledOliveGroves

I made around £12,000 a few years ago. Matched betting is. Great hobby but read, read, watch the videos, read some more, ask questions and take it slowly. Team Profit and OddsMonkey are great.

Did you have the oddsmonkey subscription? How come you stopped doing it?

I had an OddsMonkey subscription. I really enjoyed it but got gubbed from most of the main bookies and got a lot busier at work, so had less time to devote to it.

I found it too time consuming.

Thanks everyone. It’s good to hear others experiences.

I made several thousand doing it over a couple of years but gave up last year as most of the bookies stake restricted or closed my account.

Oddsmonkey is excellent, especially the tools and the forum. Best way is to sign up with the free trial and see if they email you any special offers when the trial runs out.

There are less opportunities now as the bookies don't hand out so many offers, but it's still worth doing imo. A tip is to sign up to the bookies through TopCashBack for a bit extra.

I've been doing it for over 2 years and have made a good £30k! I make over £1,000 a month easy.

I don't want to say too much as it's outing but feel free to PM me.

I did it from Jan 2019 to Aug 2019 and made just over £10k but roughly half of that was from casino (matched betting easily slides into slots as they do offers too). Until April I was raking it in but the offers dried up as I lost bookies so I stopped completely in the August.

Thanks everyone, wow you guys are doing great. After doing some more research I realised it can impact mortgage offers, this has really put me off. I’m joint owner of a few properties that we tend to remortgage every few years.

Open a separate bank account!

I opened a separate account solely for matched betting.

Completely separate bank account, so you only use it for MB. Set up a new email address - seriously, you don’t want the emails clogging up your usual inbox!

I started 18 months ago, but have had around 5 months of during that time. I’m very casual about it, do t do lots of the more time-consuming/trickier to learn stuff, and have made £7k so far.

That’s a mixture of MB and casino. Joint Team Profit website first (and their Facebook group TP Newbies). It’s free and their guides are amazing - and the FB group is friendly and helpful with all queries.

Don’t jump headlong into it - make sure you understand the basics and take things slowly at the beginning (check, double and triple check your first few bets). It will feel like you’ve landed on an alien planet with alien language to begin with. But it will “click’ and get easier - I have struggled with maths/numbers all my life, but I am now really comfortable with the typical MB stuff.

To continue being successful, you can’t spend your profit for a while. It’s not easy to explain to a beginner, but you need to build your funds up so that they’re available in your exchange account and also with the bookies that have the best deals - you need to keep reusing that money to build it up further. However, don’t worry that it isn’t “your” money - it’s not a weird pyramid thing, you can take it out any time, but it will make it harder to keep going. I keep a “float” of a few thousand to keep “betting” and anything over that I sometimes skim off if I need to for repairs/purchases etc.

Some of my total amount is from casino. This is a very different game and I would strongly suggest that you don’t touch ANY casino offers off your own back. Casinos are worse than bookies imo, but there are ways to ensure that you can approach certain casino offers. I’m with Team Casino (joint site of Team Profit). There’s a monthly fee, but it’s worth it’s weight in gold. I didn’t attempt casino until I had £1.5k profit from sports betting.

With regards to MB (and casino), the easiest value is from the sign-up offers. Once they’re done, you are relying on “reload’ offers etc. These are thinner on the ground at the moment - think they don’t want to be seen to encourage too much given the current situation.

And prepare to be gubbed (google the term). It’s a right of passage and don’t take it personally!

Fab advice @Furries!

@ilovetea69 - sorry, only just seen your message. I’d say thanks, but your results are way above mine so not sure my advice is the best 😂

I’ve had even more time away from it, I really need to get my backside in gear! Am guessing there will be the usual “clear out’” just before next month’s racing!