This is one of the most common questions I get asked when I tell people about matched betting. That’s why I started Profit Maker so I could put all the answers in one place!
Once people hear the answer they want to get involved. So long story short…you can make a lot of money!
How much you make depends on a few things.
Time
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Time is money. We’ve all heard the cliche, in this example it is a perfect fit. The more time you can dedicate to matched betting the more money you can make. You can make a lot of money by investing 1-2 hours a day so it’s fairly easy to do it around a full time job. You can do 30 minutes a day and probably still make £250-£500 a month. 1-2 hours will see you surpass £1000 every month. Easily.
Because time is such an important factor one of the best things you can do it invest a small amoun t every month in a match betting site like Oddsmonkey that will:
- Teach you everything you need to know
- Find all the bets for you so you spend no time looking and all your time making money
- Provide you with support and guidance if you need it.
You can get a free trial to Oddsmonkey by clicking here.
Initial Investment
You need a small amount of money to get started. You can start with as little as £60 but the more money you invest the quicker you can start making more money. In the beginning you will have to be patient and wait for bets to clear so you get your money back and bet it again. If you have a bit of extra cash though you don’t have to wait and you can plough into the offers. We would encourage you take it slow to start though and learn the process. Before long you will be placing dozens of bets a day.
Even if you start with a relatively small amount after a few weeks you will have built up enough money to start doing the offers a lot quicker.
Be aware that some bookies can take a long time to put money back in your back account so sometimes you will have to wait a few days before you get your money back so you can invest it at another bookies or put it back into the exchange.
Starting with around £100 would see you make around £500 profit by the end of your first month. After 12 months you could have made around £8-10,000 profit. New car anyone?
Previous Betting History
A lot of people tell me they already have all the bookie accounts so can’t do matched betting. First of all that is a load of rubbish, there are literally hundreds of online bookies, most you won’t even have heard of. No way do you have all those accounts. BUT even if you do you can still make plenty of money from matched betting. There are new offers to do every day at all the bookies. It’s endless. So don’t use that as an excuse to be put off.
Conclusion
The amount of money you can make it vast. You could literally do this for the rest of your life so putting a figure on it is impossible. If you want to get a rough idea of a monthly figure then a good target to aim for, we think, is £1000 per month. Some people on the Oddsmonkey forums are making 4 x that amount.
Month on month it will vcary depending on the offers. When there is a big event on like a world cup or Cheltenham for the horses you can make a whole lot more. Over a week at Cheltenham you could make in excess of £1000 there are so many offers. Many people will book Cheltenham week off work so they can concentrate on matched betting.
Not only is matched betting really profitable but it’s really fun as well. You get all the buzz of gambling without risking a penny.
If you are looking for a way to make money from home or make extra money around your job then matched betting is definitely for you. Even if you have never placed a bet in your life you can learn to do this. Beginners and experienced matched bettors alike can benefit from a matched betting service – we recommend Oddsmonkey.
GET A FREE TRIAL TO ODDSMONKEY HERE
