I’m a big fan of matched betting, and I’ve been using it to successfully make money online for several months now! Today, James McMath, of Profit Accumulator, explains why people from a diverse range of backgrounds chose matched betting as their preferred method of earning extra income online.
OK. I’m slightly biased here, of course, but, when it comes to earning extra money online, matched betting takes some beating.
In the modern age of online entrepreneurism, there’s plenty of options out there but few methods of making money online are as productive as matched betting. You might have read about it in the news.
It’s a legitimate and legal way of making a sustainable income online. Whether that’s a couple of hundred pounds or £1,000-plus, matched betting really makes a difference to the monthly budgets of many of our members.
But who is matched betting for?
Well, the truth is, pretty much anyone. As long as you’re eligible to open an account with a bookmaker, you can see if matched betting works for you.
You don’t need to be interested in gambling – because there’s no gambling involved. And you don’t even need to like sports – because it doesn’t matter what the result is, you are able to make a profit either way.
Being able to follow the simple instructions and having a bit of time to spare are pretty much the only skills you need. Being organised, also helps – especially when it comes to keeping track of your profits.
Matched betting is particularly popular with students, largely because of the origins of the industry. Students realised they could top up their income with matched betting and, as word of mouth spread, so did the popularity of the practise.
As well as students, it’s a hit with stay-at-home parents, who use matched betting to earn money in their own time, from home (when they get the chance!). Whether that’s during maternity or paternity leave, or for full-time parents to stay at home while contributing to the family budget.
At Profit Accumulator, we try to catch up with our members as often as possible to learn about their matched betting experiences.
Clarke, a student at Loughborough University
A lot of people are sceptical or think it’s too good to be true – I can guarantee it’s not! At the start it can be time consuming. You want to make sure you’ve done everything right so you can lock in the profit. However, the more familiar you get with the process, the quicker you get and therefore the greater potential you have to earn money.
What took 30 minutes at the start can now be done in less than two minutes. Another difficult concept can be parting with the money to place and lay the first bet – it can be daunting! But once you see you’ve made your first profit, you realise you’ve nothing to worry about. I look at it as an investment that pays back massively in the long run.
Jen, a mum from Glasgow
On average, I’ve made between £600 and £700 per month but that is slowly increasing as I get better.
I probably spend about 10 hours a week or so, differs by day, what offers or sports are on and how much time I have.
We’d be really struggling with money without it so it takes the pressure off, knowing I’m not using our savings to buy routine things. So far I’ve paid for Christmas and we are about to go a holiday to the Caribbean. After that’s all paid for, I’m looking to save to get some things done in the house and hopefully get a little extra paid off our mortgage.
Chris, a finance worker from Leeds
It appeals to me because I love sport and enjoy watching sport. I enjoy watching it hoping for a particular outcome but without losing money.
My current aim is to build my earnings up to £10,000. From that I am looking at buying a house with my girlfriend later this year. With my earnings anything over the £10,000 at the end of the month I hope to use to help pay my mortgage and for two flash cars.
David, a dad from the North East
It’s great when you get a winner. You get all the buzz of sports betting without the risk. It is also a great way to earn extra money.
It paid for a holiday to Madeira last year, I paid both our cars insurance for the year upfront, as well as helping myself and the missus get out of debt. We are now saving as much as we can as we are moving into our new home at the end of the year.
At Boost My Budget I’ve been making a nice side income from matched betting over the past few months, and I’m a big fan! To learn more, check out some of my previous posts here:
- My First Month of Matched Betting
- Side Hustle Milestone: My First £1,000 From Matched Betting
- Thinking of Starting Matched Betting? Here’s What You Need to Know
… or head straight over to Profit Accumulator (the matched betting service that I use) to make £45 today with a free trial.