Student matched betting – discover how you can make up to £1000 each month risk and tax-free whilst studying at University.
It’s that time of year again when students head back to university up and down the country. This will be met by great relief to some parents and much the same reaction for students!
However, students will typically have one thing on their mind…
How they’re going to get by for another year.
Summer jobs have ended and it’s time to get back into the swing of student life. For some students this will be their first taste of uni life and with that comes no other than…
Where can we start?
First off, students will face the real challenge of remembering 100 different names. Once you’ve finally woken up at 3 pm, it’s time to eat some food and get ready for another night out!
When you get to the end of the non-stop partying, it’s time to check the bank balance…
One of the most common problems students face at university is the lack of money. Many students resort to the bank of mum and dad multiple times a year.
It’s no wonder when the cost of living is so high and the amount of money students spend on fun times is also so high! Whether that’s the morning coffee trip or the seemingly endless alcoholic drink purchases for pres!
When you add in regular living and accommodation costs, plus the tuition fees, after your average 4-year uni course, students are looking at stupid amounts of debt that will take a long while to pay off.
How student matched betting can help
The simple answer to student debt is to make more money. However, this is easier said than done. First off, students go to uni to study, not to work in the ‘making money’ sense, this comes later once the partying has finished.
Therefore, students are limited in terms of how much time they can spend earning money. Some university courses have huge directed study times in lectures and seminars of up to 40 hours per week.
Whilst this is mainly for those doing engineering and law degrees… you get the point, there isn’t a lot of free time to make money.
In the free time, you do have, you could find bar work, become a club promoter or waiter in a restaurant, depending on whether you’re in a town or city.
But who wants to work on minimum wage and miss out on nights out?
That’s where student matched betting comes in…
What is matched betting?
Some of you have probably never heard of matched betting. So here’s a little introduction.
No-risk matched betting, also known as double betting, is a brilliant method in which students can make money online in order to pay off debts or spend on nights out!
Matched betting for dummies – a beginners guide
Individuals take advantage of the massive range of bookmakers’ free bets and promotions.
As a student, I’m sure you’ve seen adverts from bookies like Bet365 and Coral incentivising you to sign up and bet on their platform. It’s these promotions matched bettors take advantage of.
The bookmakers offer two types of promotion: sign up offers and reload offers.
Sign up offers are for new customers only. Basically, if you sign up and create an account you’ll qualify for a free bet or another form of bonus. Most online bookmakers offer these promotions so there’s plenty of profit to be made.
Reload offers are used to keep existing customers betting. These promotions are brilliant at making matched betting a long term cash source.
So, next time you see a bookie promotion, think: I can make a guaranteed profit from that.
How matched betting works
A lot of students and other potential matched bettors are sometimes dubious about how matched betting can be risk-free and how you can make a guaranteed profit.
It’s a fair question – you wouldn’t think it would be possible.
However, I’m here to tell you that it is. And it’s incredibly profitable.
To make matched betting risk-free, you use a technique called back and lay betting. In simple terms, you place two bets which cancel each other out.
One of these bets is a back bet and the other is a lay bet.
What’s a lay bet, you’re probably thinking.
A lay bet is the opposite of a back bet. Instead of betting for an outcome to happen, you bet for an outcome NOT to happen.
You can only place lay bets at a betting exchange.
As I mentioned above, by placing a back and lay bet on the same market your two bets cancel each other out. You effectively end up where you started.
This method allows you to qualify and profit from bookmakers free bets without risking any of your own money.
For more information on how matched betting for students works, check out our specific article.
Why matched betting for students is so effective
There are other options to make money online so why should you choose student matched betting?
Here are the benefits of student matched betting:
- Incredibly profitable
- Easy to learn
- You can work from anywhere
Student matched betting is risk-free
Matched betting for students is completely risk-free!
You can enjoy sport at the weekend in the knowledge that you’ll make a guaranteed profit from the event, no matter what the outcome is.
So next time you’re watching your favourite footy team, you won’t have to anxiously wait for the final whistle for your bets to cash in.
You’re also beating the bookies at their own game. Surely, there’s no better way to make money online than that.
Matched betting is incredibly profitable
No-risk matched betting takes up very little time and is incredibly profitable for a relatively small time investment.
Student matched bettors sometimes earn up to £40 an hour!
Now, who wouldn’t agree that’s better than the minimum wage you’ll get at your local Wetherspoons.
Easy to learn
Matched betting is incredibly easy to learn, especially with help from websites like OddsMonkey.
They teach many students who have no previous experience of matched betting or even betting as a whole. With easy to follow tutorials and a whole host of offers to use, you’ll be a pro in no time.
What’s more, you don’t need to follow sports religiously.
Matched betting is tax-free
Matched betting is completely tax-free!
With most restaurant and bar work, you’re more than likely to pay tax unless you’re lucky enough to get paid in cash.
Well, with matched betting there is nothing to pay to the taxman.
You keep all of your gambling profits for yourselves, ultimately meaning more bang for your buck…
Work from anywhere
You can complete the latest matched betting offers from the comfort of your flat or room – no getting up, catching the bus or walking to work.
It’s even possible for you to make money from your bed whilst watching your favourite box set.
You can take part in matched betting from literally anywhere. You can even take part in matched betting abroad.
All you need is a laptop or PC, a connection to the Internet, a personal payment method and you’re away.
Other student matched bettors
Matched betting is not a new concept to students – there are thousands already taking part in this brilliant technique to great success.
Whether you’re all the way up in Edinburgh or down in Exeter, you’ll be sure to find some matched bettors paying off their students debts, or providing them with the extra cash needed to fund those all important nights out.
How much can students make?
The question everyone wants to know the answer to. Everyone’s interested in how much money students can make with matched betting.
In short, you can earn up to £1000 every month from matched betting.
This figure obviously varies with the amount of time you spend completing the latest offers. Most matched bettors typically spend 1 to 2 hours each day.
Matched betting is incredibly profitable and if you invest some time and learn the most effective methods, you’ll definitely make matched betting worth it.
It’s also a great idea to sign up to a matched betting site like OddsMonkey.
What do OddsMonkey members get?
One of the most time-consuming parts of matched betting is searching for and locating the latest offers to profit from – this is especially true for students, who already struggle for free time.
OddsMonkey Premium members have access to all the latest offers which are updated on a daily basis.
As soon as the team find a new offer, they add it to the member’s only area along with a brilliant tutorial guiding you through the whole process.
One of the main areas that separate OddsMonkey from their competitors is the commitment to customer support.
Matched betting can be a challenging concept at times, which is why OddsMonkey are there to help.
Matched betting tools
Students who sign up to OddsMonkey have access to the latest matched betting tools.
The maths behind matched betting is quite complex and would require a high level of mathematical understanding to work out the correct amount to stake.
What’s more, it would take a lot of time.
We’ve made this simple with our student matched betting calculator which works out the exact figures easily and efficiently, allowing you to spend more time completing the latest offers.
Advanced tracking features
In the past, many matched bettors have recorded all their bets and profits in an overly complex Excel spreadsheet.
This was an inefficient method and reduced the time matched bettors spent completing the latest offers.
With OddsMonkey, you can easily track your completed bets in the platform. This makes it incredibly easy to track your overall profit.
Student matched betting overview
The more we write about matched betting the more we fall in love with the method. That’s saying something considering how much we already love it!
It really is brilliant!
And it’s not just us saying this. There are thousands of students already making a second income online using this technique.
Overall, student matched betting is an awesome way to make money online, helping you reduce your debts and fund your partying!
So, why not try matched betting for yourself?
What are your thoughts of student matched betting? Let me know by leaving a comment below right now.