What is ‘no risk’ matched betting?
Matched betting claims to be a completely legal and tax free way of making big money online from bookmakers.
It’s not gambling, because your bets are based on mathematical calculations, not chance. When done correctly, you make a profit every time.
Better still, all your winnings are tax free, because they technically count as ‘gambling wins’ which don’t have to be declared to HMRC in the UK.
Sounds too good to be true…
That’s what I thought when I first heard about matched betting. I was very sceptical and definitely turned off by the word ‘betting’. I have never gambled …