No risk matched betting is an incredibly popular and profitable way of making money online, but can you really generate enough income to use match betting for a living?
Below, we’ll look at the feasibility of matched for a living and give you some top tips for maximising your profit in 2019.
Matched betting introduction
Before we get into realistic matched betting earnings, here’s a little background for any beginners out there.
For those of you that don’t know, no risk matched betting is a way of making money online using bookmakers free bets and other promotions. Bettors take advantage of free bets like the one offered by Smarkets:
These two bets cancel each other out, meaning you lose next to nothing when qualifying for bookies free bets and other promotions.
You repeat the process, only with the free bet and make a guaranteed profit.
As simple as that…
Well, there’s a bit more to it, but we’ll save that for another article.
In this guide we specifically want to assess whether you can realistically make enough income matched betting full time and how you can get started today with OddsMonkey.
Matched betting for a living
So, is matched betting for a living a viable option in 2019?
I know you’re not going to like this answer but it totally depends. Unfortuantely, it’s very subjective. Whether or not matched betting for a living is realistic comes down to how much money you need for a living.
For some, a living may be an annual income of £20,000 and for others it may be £25,000 or more, depending on different circumstances etc.
So before we move on, ask yourself how much income do I need for a living.
Matched betting income – How much can you make?
It’s important to understand matched betting is not a get rich quick scheme and you certainly won’t become a matched betting millionaire. Such people don’t even exist…
What matched betting is, is a proven, legitimate way to make money online. However, you certainly won’t become rich using this technique.
How much income do matched bettors make?
So, what’s a realistic matched betting income?
Most bettors make an average profit of £500 each month, equating to about £6,000 over a year.
Whilst, this is a brilliant second income, it’s unlikely to be enough to sustain matched betting full time.
Having said that, these people are happy earning a second income using matched betting and don’t use it as their primary job or source of income.
To realistically make enough money for a living, you’ll need to generate well over £1000 each and every month.
Whilst this is achievable and there are a number of matched bettors that pull in this kind of income, it’s definitely challenging.
Matched betting profits are tax free
One of the great things about no risk matched betting, is that all your earnings are completely tax free.
Thanks to the Labour Government of 2005, the betting tax on punters no longer exists. Instead the bookies have to pay more of their share to the Government.
That means all the income you make from matched betting is take-home salary, no tax returns to fill out…
I can’t think of another way to make a full time income that doesn’t require paying tax!
Is matched betting full time achievable?
If you’ve got this far, you’re obviously interested in maxing out your matched betting. So let’s look at some things to consider and look at how you can make matched betting for a living a realistic option in 2019.
The main aim is to complete as many offers as possible. To make things easier, bettors split offers into two different categories:
- Sign up offers
- Reload offers
Let’s look into these in more detail.
Sign up offers
Sign up offers are for new customers only.
These promotions initially give you the biggest bang for your buck and provide a great learning curve for matched betting beginners.
There is currently over £1200 in free bets waiting for you to profit from.
You should expect to make about £1000 in the first month or so using these offers. Why not sign up with OddsMonkey today and get started.
Once you’ve run out of free bets for new customers, you’ll need to move on to reload offers.
Reload offers are for existing customers and this is where the long term matched betting income is made.
To keep existing punters returning, the bookies promote hundreds of these offers each week, most of which you can make a profit from.
To earn enough income to make matched betting full time a possibility, you’ll have to complete a large number of these reload offers every day. The tricky bit is finding all the offers to take advantage of.
But that’s where a dedicated matched betting service comes in handy.
Our matched betting partner, OddsMonkey are the best in the business. Their team are continually searching for the latest matched betting offers for you to profit from on a daily basis.
Along with that, they show you the best tips and tricks in order for you to maximise your matched betting income in 2019.
Advanced matched betting techniques
Whilst there are generally plenty of free bets for existing customers, there will be times when there are less offers readily available.
This is where advanced matched betting techniques come in.
To really maximise the amount of money you can make, you’ll need to look further than the common free bets.
Not to worry though, there are plenty of other methods you can use such as price boosts and extra-place offers etc.
For more information on how to get started with these betting strategies check out this article.
Matched betting for a living top tips
In the next section, we’ll look at some tips and tricks you can use to help you make matched betting full time a possibility.
Tip #1 – Use assisted matched betting
To get the most out of your matched betting I suggest you sign up to a matched betting service like OddsMonkey.
There are a number of benefits for doing this which I’ve outlined below:
- Access all the latest tools and software. One of the most effective methods to increase the profitability of your matched betting is to use the most up to date software and tools.
- Latest offers brought to you. Save time by not searching for the latest offers. As any matched bettor will know, searching for the latest offers is an incredibly time consuming process that is best left to sites like OddsMonkey. You can spend time doing what you do best, completing the offers.
And plenty more…
Tip #2 – Create a matched betting routine
To make a living from matched betting, you’ll need a brilliant matched betting routine that you stick to on a daily basis.
At the end of the day, it is your full time job…
If you use a matched betting service like OddsMonkey, I recommend you stay logged in for as much of the day as possible to ensure you don’t miss out on any offers.
Some matched betting offers are only available on a first come, first served basis. So getting in early is an absolute must.
Tip #3 – Complete as many offers as possible
This one is probably obvious but it’s also very important.
The more offers you complete, the more money you’ll make and the more likely you’ll be able to use matched betting to make a living.
Also, the more offers you complete, the quicker and better you get at placing them.
When you first start out, it may take you up to an hour to complete an offer. However, once you get the hang of it, you should be able to complete an offer in less than 10 minutes.
For more expert matched betting tips check out this article.
Is matched betting full time realistic?
Realistically, matched betting for a living is quite difficult.
However, it really depends on how much you specifically need to make a living.
If you’re serious about making a long term income with matched betting, I recommend you sign up to OddsMonkey and get started today.
However you look at it, match betting is a brilliant way to make money online and you can certainly make a great second income without even needing to leave your house.
How awesome is that…
Let me know how much you make from matched betting by leaving a comment below right now.