MoneyMagpie

Join MoneyMagpie today!
Log in or Register.
Jul 27

Earn £100 in an afternoon!

Ask a question

2.8 5 votes
Article Rating
Subscribe
Notify of
guest
20 Comments
Inline Feedbacks
View all comments
karthik Bachu
karthik Bachu
22 days ago

its was asome its ihad veryfui with every word its heluful

karthik
karthik
23 days ago

super

Nick
Nick
2 months ago

I was a matched bettor for about 2 years, in which time I made around £15,000, so I am definitely in favour of it. However, to say that it is completely risk free is misleading. Aside from the risk of making a silly mistake, which we are all prone to from time to time, there is also the fact that odds are not static, and can change quite dramatically, especially close to the start of an event. This can lead to the great matched bet that you’ve found becoming a nightmare as the odds at the exchange start to climb… Read more »

Last edited 2 months ago by Nick
Marc Crosby
Admin
Marc Crosby
2 months ago
Reply to  Nick

Really insightful comments, thank you Nick.

James
James
2 months ago
Reply to  Nick

Your points are certainly valid but perhaps a bit extreme in my opinion, particularly when it comes to beginners (which this article focuses on). Any Matched betting services worth their salt (Heads&Heads included) will strongly advise new matched bettors stick to football markets and steer clear of horse racing (particularly before the race is about to start). This would also solve the issue of retirement rules you mention – which only really applies to Tennis. So, perhaps a simple nod to sticking to football matches in this article would tick all our boxes 🙂 I will grant you though that… Read more »

Gina
Gina
2 months ago

Not sure why but I can’t see an article, I know from the comments that it’s about matched betting but there’s no article. Anybody else got this?

Maureen
Marc
2 months ago
Reply to  Gina

In this section, the comments appear above the article. If you scroll down, can you see it?

Sinead
Sinead
2 months ago
Reply to  Gina

I can’t see one either just comments

Paislie
Paislie
2 months ago

So in order to make money you have to spend money right?

Sas
Sas
2 months ago
Reply to  Paislie

That’s always the case

Marc Crosby
Admin
Marc Crosby
2 months ago
Reply to  Sas

While this is true, it’s basically the same principle as an investment (with better rates than a savings account etc.)

James
James
2 months ago
Reply to  Paislie

You don’t “spend” your money while matched betting (in the sense i believe you are implying), in the same way you do not ‘spend’ money on a deposit for a car hire. It is a means to an end.
At any point during matched betting you can get back all the money you put in (plus the profit).

Marion
Marion
3 months ago

If you click on the link it shows 2 options, a monthly fee and a yearly fee. Does this mean you can get a year for £1?.

James
James
2 months ago
Reply to  Marion

Unfortunately not ha. The discount still applies a saving for yearly….just not £1

Christine
Christine
3 months ago

I think it sounds a bit risky for me to try

James
James
2 months ago
Reply to  Christine

Follow the guides and there is mathematically no risk.

Joanne
Joanne
3 months ago

I’m simply not brave enough for matched betting.

Roger Marsh
Roger Marsh
3 months ago

OK I’m gullible how do I earn £100 in an afternoon ?

Joseph Arwen-Langham
Joseph Arwen-Langham
3 months ago
Reply to  Roger Marsh

Matched betting

James
James
2 months ago
Reply to  Roger Marsh

Yeh, i mean….it is in the article haha. Give Heads&Heads a go, there is a free trial – as well as a 30 day money back guarantee when you do sign up for Premium.

Reading Time: 3 mins

In uncertain times, nothing puts you at ease quite like solid income. That is exactly what matched betting is doing for thousands of individuals – giving some financial breathing room.

As with all things that describe themselves as a ‘second income’ or ‘online income’, there is always a bit of scepticism as to how much can actually be made. Matched betting, however, makes no false claims on how much can be made and that is what we are going to demonstrate in this article. Showing you how to simple it is to make £100 in one afternoon – and then much much more in the future.

 

How does it work?

Now, you might think that matched betting is a very complex concept. In reality, to learn the process takes less than an afternoon – and, on top of that, you get to earn while you learn.

So, let’s say you have around £200 left of your monthly pay cheque and you are debating putting that into your savings account – should you do it? Well, no, not while matched betting exists. Thanks largely to Covid-19, you’ll be lucky to get an interest rate of 1%. With inflation rates taken into account, any money saved at the moment is actively losing value. You need to be making this money work harder. So, what if we used this £200 for matched betting?

Important point: There’s no gambling or risk!

Matched betting is no more a risk to your £200 than sticking it in a savings account. Matched betting is risk free. So, let’s ‘invest’ this £200 in matched betting for an afternoon and see what happens. If any of the following is a little confusing, we highly recommend you check out MoneyMagpie’s Matched Betting Guide – which gives explanations for all the terms used below, some of which may be unfamiliar.

We start by putting £160 into a Betting Exchange (for this example we will go with Betfair). Now, this may seem a bit scary, but your money is completely safe in a betting exchange. The role of the Exchange organisations is that they allow us to bet against an outcome occurring. So, whereas a bookmaker would only allow you to bet on Chelsea to win, an exchange allows you to bet against Chelsea winning. We use this to remove any risk that comes from betting with a bookmaker – because the exchange can be used to offset the bet.

So, now we have our exchange sorted, which should take no more than 15 minutes to set up, it’s time to start doing bookmaker offers the matched betting way! This is what we are going to be using the remaining £40 of our £200 on. It will be used to open up the below bookmaker accounts so we can complete their welcome offers and make a guaranteed profit.

Let’s say that our afternoon is going to be 5 hours long. So far, we have spent about 1 hour learning the basic concept of matched betting and 15 minutes setting up our betting exchange account. Now it is time for the matched betting offers:

 

Bookmaker Offer Deposit (£) Time spent Profit
Coral £5 30 minutes £15
Betfred £10 30 minutes £23
Sky Bet £5 15 minutes £15
William Hill £10 20 minutes £25
888Sport £10 20 minutes £23

 

So, including our 1 hour and 15 minutes to learn the basics and set up an exchange account, in under 5 hours we’ve earned £101 with 1 hour and 50 minutes left to decide what you are going to spend it on. In terms of an hourly wage, that is over £20 per hour!

When you compare this to the amount you would have made from a 1% annual interest on £200 in a savings account (ie £2!), I think we can agree there is only one choice to be made here.

 

Is it sustainable?

At this point you might be thinking. Ok, fine, that is a decent amount of money but surely, when you run out of bookmaker welcome offers to complete you can no longer make money, right? Well, luckily for matched bettors, the opposite is true.

You see, bookmakers give out offers to existing customers as well as new ones – these offers are called reload offers, and these are what sustain a matched bettor’s consistent income.

A recent example of a reload offer from Bet365 was them offering a ‘free in-play bet up to £50’. Amount of guaranteed profit for this one – £45. Total time to complete the offer – 5 minutes. This is just one example out of the hundreds that are available each week.

Matched betting is as close to free money as you could hope, and with the world being as messed up as it is right now, you need to be earning every penny possible.

You can get full access to a Premium matched betting service today for just £1 thanks to MoneyMagpie. Yes, just £1!! Use the discount code NEW01 at checkout on the Heads&Heads site.

Sign up here.

WHAT DO YOU THINK?

2.8 5 votes
Article Rating
Subscribe
Notify of
guest
20 Comments
Inline Feedbacks
View all comments
karthik Bachu
karthik Bachu
22 days ago

its was asome its ihad veryfui with every word its heluful

karthik
karthik
23 days ago

super

Nick
Nick
2 months ago

I was a matched bettor for about 2 years, in which time I made around £15,000, so I am definitely in favour of it. However, to say that it is completely risk free is misleading. Aside from the risk of making a silly mistake, which we are all prone to from time to time, there is also the fact that odds are not static, and can change quite dramatically, especially close to the start of an event. This can lead to the great matched bet that you’ve found becoming a nightmare as the odds at the exchange start to climb… Read more »

Last edited 2 months ago by Nick
Marc Crosby
Admin
Marc Crosby
2 months ago
Reply to  Nick

Really insightful comments, thank you Nick.

James
James
2 months ago
Reply to  Nick

Your points are certainly valid but perhaps a bit extreme in my opinion, particularly when it comes to beginners (which this article focuses on). Any Matched betting services worth their salt (Heads&Heads included) will strongly advise new matched bettors stick to football markets and steer clear of horse racing (particularly before the race is about to start). This would also solve the issue of retirement rules you mention – which only really applies to Tennis. So, perhaps a simple nod to sticking to football matches in this article would tick all our boxes 🙂 I will grant you though that… Read more »

Gina
Gina
2 months ago

Not sure why but I can’t see an article, I know from the comments that it’s about matched betting but there’s no article. Anybody else got this?

Maureen
Marc
2 months ago
Reply to  Gina

In this section, the comments appear above the article. If you scroll down, can you see it?

Sinead
Sinead
2 months ago
Reply to  Gina

I can’t see one either just comments

Paislie
Paislie
2 months ago

So in order to make money you have to spend money right?

Sas
Sas
2 months ago
Reply to  Paislie

That’s always the case

Marc Crosby
Admin
Marc Crosby
2 months ago
Reply to  Sas

While this is true, it’s basically the same principle as an investment (with better rates than a savings account etc.)

James
James
2 months ago
Reply to  Paislie

You don’t “spend” your money while matched betting (in the sense i believe you are implying), in the same way you do not ‘spend’ money on a deposit for a car hire. It is a means to an end.
At any point during matched betting you can get back all the money you put in (plus the profit).

Marion
Marion
3 months ago

If you click on the link it shows 2 options, a monthly fee and a yearly fee. Does this mean you can get a year for £1?.

James
James
2 months ago
Reply to  Marion

Unfortunately not ha. The discount still applies a saving for yearly….just not £1

Christine
Christine
3 months ago

I think it sounds a bit risky for me to try

James
James
2 months ago
Reply to  Christine

Follow the guides and there is mathematically no risk.

Joanne
Joanne
3 months ago

I’m simply not brave enough for matched betting.

Roger Marsh
Roger Marsh
3 months ago

OK I’m gullible how do I earn £100 in an afternoon ?

Joseph Arwen-Langham
Joseph Arwen-Langham
3 months ago
Reply to  Roger Marsh

Matched betting

James
James
2 months ago
Reply to  Roger Marsh

Yeh, i mean….it is in the article haha. Give Heads&Heads a go, there is a free trial – as well as a 30 day money back guarantee when you do sign up for Premium.

Related Articles

 

Make Money and Save Money

ideas for everyone
 
Send this to a friend