Make Money Matched Betting With The Kids Back To School
September 1, 2017
Stay at home parents in England have got the flags out. After a long summer of tantrums and rainy days, the kids are finally going back to school. With the cherubs out of your hair, the world is your oyster. So what to do with all that spare time? You could catch up on your soaps but what about doing something a little more productive?
Dedicating a small amount of your newfound freedom to making money online is a good idea. Christmas isn’t far away and it’s always nice to have a little extra cash to spend on the family. For just a few hours of effort a week, you can bring in over £500 through matched betting. In fact, we ran a forum thread in August to help members make £300 part-time and ended up doubling our target.
If you like the idea of making some extra cash, then read on to learn more about matched betting.
Matched Betting Explained
You could be forgiven for thinking that this is gambling. However, once you have matched betting explained you’ll realise this is not the case. It’s a mathematically proven method of exploiting betting offers and turning them into real cash. With the guidance of MatchedBets.com, your money is not at risk and you can make a healthy profit month on month.
Online bookmakers give away free bets and bonuses to attract new customers and retain existing players. In most cases a real money bet needs to be placed to trigger or earn the reward. Matched betting allows you to reduce the cost of qualifying to a nominal amount, sometimes just a few pence. Then the resulting free bet or bonus is used to lock-in a cash profit.
You don’t need to be a mathematician to do this. We have a bespoke matched betting calculator to do all of the working out for you. Finding the right bets is also taken care of with our industry-leading oddsmatcher software. Both the calculator and odds matching tool feature real-time updates and are integrated to our profit tracker. This makes it easier to spot changes in the odds and keep tabs on your takings.
To help you understand the concept, here is a working example for a typical Bet £10 Get £10 Free Bet offer. Our oddsmatcher suggests placing the qualifying bet on Manchester United to beat Arsenal at odds of 1/2 (1.5) as there is a close match to the exchange odds of 1.55. Using ‘Normal’ mode, the calculator tells you to lay (bet that something won’t win) Man Utd for £10 at Betfair Exchange. Now whatever happens, you will be down 50p but have a £10 free bet to use.
The oddsmatcher then recommends a 2-1 Correct Score bet for Newcastle v West Ham at odds of 9/1 (10.0). The exchange odds are 10.1, and ‘Freebet’ mode on the calculator suggests a lay of £8.96. This gives a return of £8.46 if the bookmaker bet wins or £8.51 if the exchange bet wins, resulting in an overall profit of at least £7.96. Bear in mind that there are hundreds of offers out there to complete, meaning there is much money to be made.
The above may seem long winded but once you are up to speed it takes a matter of minutes to find and place the necessary bets. So you can effectively set up a few bets in half an hour or so and then come back to use your free bets later on. This makes it extremely flexible for the stay at home parent.
What You Need To Get Started
Now that you’ve had matched betting explained, you’ll be keen to get started. It’s a good idea to set up an email account that you can dedicate to matched betting. This will allow you to easily keep track of any special offers and incentives that bookies send to members, without them getting lost in your personal messages. You will need a debit card to deposit funds and a starting back of at least £100 is advised. It’s also advantageous to have proof of ID and a means of sending it electronically, as bookmakers may request additional documentation to validate your identity.
Further advice can be found in our information centre which can be accessed by creating an account. Scroll down for full details of our current pricing plan.