Matched betting for a living – Is it possible and if so how easy is it?
No risk matched betting is an incredibly popular and profitable way of making money online, but can you really make a full time income from matched betting?
In this article, we’ll look at the feasibility of matched for a living and give you some top tips for maximising your profit in 2018.
Matched betting introduction
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.
To make this method risk free, we use a technique called back and lay betting.
This involves placing two bets on every outcome. One at a bookmaker and one at a betting exchange.
These two bets cancel each other out, meaning we lose no money qualifying for bookies free bets.
We repeat the process, only with the free bet and make a guaranteed profit.
As simple as that…
There’s a bit more to it, but that’s the basic idea.
Matched betting for a living
So to the main question, is matched betting for a living a viable option?
Whether or not matched betting for a living is a feasible option 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 £25,000 or more, depending on different circumstances etc.
So before we move on, ask yourself how much money do I need for a living.
How much can you earn matched betting?
It’s important to understand matched betting is not a get rich quick scheme and you certainly won’t become a matched betting millionaire.
Matched betting is a proven, legitimate method to make money online – however, you certainly won’t become rich using this technique.
All 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 profit 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.
How much do The Sure Bettor members make?
Most members 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 not going to allow you to use matched betting for a living.
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, it’s definitely challenging.
How to achieve this level of income
Let’s look into how you can make matched betting for a living a feasible option.
There are two types of matched betting offer which are separated into sign up and reload offers.
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. You should expect to make about £1000 in the first month or so.
Reload offers are for existing customers and this is where the long term matched betting profit 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 achieve the success you’ll need to make matched betting for a living a possibility, you’ll have to complete a large number of these reload offers every day.
Thankfully with help from sites like The Sure Bettor, each offer doesn’t take that long and the more you complete, the quicker you get.
Advanced matched betting techniques
Whilst there are plenty of free bets for existing customers available, there will be times when there aren’t as many free bets 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 we can use such as price boosts, extra-place offers etc.
Matched betting for a living top tips
Use these tips to help you along the way to matched betting for a living.
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.
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 The Sure Bettor. You can spend time doing what you do best, completing the offers.
Tip #2 – Create a good 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 The Sure Bettor, 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.
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 as we mentioned above, the more offers you complete, the quicker 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.
Realistically, matched betting for a living is quite difficult.
However, it really depends on how much you specifically need to make a living.
For some, that will be less and you may be able to make a full time income with the help of the matched betting tips above.
Thanks for reading