Today is a very special day for me, as it marks my one year matched betting anniversary. A whole lot has changed for me in this past year, the biggest change being able to leave behind my full time job to run my blog. I am so glad that I finally got to grips with matched betting to help finance this journey. Let's put it this way: in 12 months I have earned £12,000 tax and risk free!
I have learned a lot along my journey and I can't believe that I waited so long to get started. Here's what I have learnt along the way.
Matched betting is a way to make some serious guaranteed profit by utilising the free bet offers that bookmakers offer. It has turned into one of my favourite side hustles because it is tax free and risk free! Even The Guardian have written about matched betting. People often ask me “if matched betting is so good, why isn't everyone doing it?” – and I have addressed some of the popular questions in a blog post.
How much have I made?
When it comes to any money making side hustle, I love to see how others have done with their own earnings. I find that it not only encourages and motivates me, it also lets me know that something works.
You can see all my previous matched betting income below. Please note that from January 2017 I have been focusing on growing my business with a provable income, with a lot less time to dedicate to matched betting:
- Month 1 earnings – £1,430
- Month 2 earnings – £1,619
- Month 3 earnings (including a Q&A) – £849
- October 2015 earnings – £1,105 (Remember that month 3 also overlaps into October 2015 as I switched to reporting it per calendar month.)
- November 2015 earnings– £915
- December 2015 earnings – £1,347
- January 2016 earnings – £777
- February 2016 earnings – £393 (on holiday for 2 weeks)
- March 2016 earnings - £701.64
- April 2016 earnings - £622.36
- May 2016 earnings - £1,019.16
- June 2016 earnings - £447.18 (away for a week)
- July 2016 earnings - £689.52
- August 2016 earnings - £491.86
- September 2016 earnings - £279.29
- October 2016 earnings - £691.85
- November 2016 earnings - £773.74
- December 2016 - £0.00 (took a break)
- January 2017 - £473.43
- February 2017 - £514.97
- March 2017 - £214.12
- April 2017 - £394.76
- May 2017 - £481.25
- June 2017 - £249.68
- July 2017 - £158.73
- August 2017 - £301.58
- September 2017 - £427.61
- October 2017 - £203.83 (away for 2 weeks)
- November 2017 - £45.84 (away for most of the month)
- December 2017 - £187.24
- January 2018 - £349.54
- February 2018 - £223.39
- March 2018 - £493.01
- April 2018 - £189.31
- May 2018 - took a break
- June 2018 - took a break
- July 2018 - £139.32
- August 2018 - £301.65
- September 2018 - £121.94 (on holiday)
- October 2018 - £328.51
- November 2018 - £459.31
- December 2018 - £258.45
- January 2019 - £148.37
- February 2019 - £199.84
- March 2019 - £579.54
- April onwards - paused for a mortgage application
The numbers I see others earning are real!
I am a lot more open to money making opportunities than the average Joe, but even I was astounded by the numbers that people were claiming to make every month. Once I got started I was earning that money for myself. If it wasn't for the free trial with Profit Accumulator then I probably wouldn't have started! I tried years ago using free websites but I just couldn't get my head around it.
Community is important
Whether it is the Profit Accumulator forums or just chatting to my friends who matched bet, having other people around to bounce ideas off, keep motivated and just generally check in with matched betting is really helpful to me. My favourite is seeing how much money other people are making and what they are then doing with that money! I've seen people go to Las Vegas, get married, start their business or even give up some days at work. The difference this money can make is astounding.
My favourite is seeing how much money other people are making and what they are then doing with that money! I've seen people go to Las Vegas, get married, start their business or even give up some days at work. The difference this money can make is astounding. Even when using sites like bonusinsider.com.
Even now, a year into matched betting, I have questions and I get stuck. The Profit Accumulator forum is bursting with lots of knowledge and often someone has asked my question already – and had an answer. There is a dedicated thread for every offer, with members sharing their knowledge and tips. This has saved me so much time and effort over the last year.
- Matched betting and mortgages
- How to make £1,000 or more a month from matched betting
- Can you do matched betting long term?
- What is being gubbed in matched betting
There is life after you've been gubbed
Getting gubbed from matched betting is where a bookie says “no more free bets for you” – your money isn't at risk, but you just aren't eligible for their free bet promotions. When I had my first gubbing I was absolutely gutted, I thought that it would mean I couldn't earn money from matched betting anymore. Whilst yes, the number of bookmaker offers I can complete has decreased, I am still making a profit every month from matched betting.
Whilst yes, the number of bookmaker offers I can complete has decreased, I am still making a profit every month from matched betting.
I can do matched betting long term
One of the biggest fears that people have before they start matched betting is that the offers will dry up. There have been a few times when the offers are quieter than others, but I have still managed to make a profit every single month. Now that I have been matched betting for a year I have my own proof that there is longevity in matched betting and I will be continuing. Even with the gubbings I've had, I can still make money every month! It has got harder though – the easy money is definitely in the sign up offers.
Even with the gubbings I've had, I can still make money every month! It has got harder though – the easy money is definitely in the sign up offers.
Matched betting isn't for everyone…
…and that is totally fine! Before matched betting I had placed a few bets – namely on big events like the Grand National, so I had a lot to learn about betting. It isn't for everyone, no matter what the reason. The good news is that there are plenty of ways to make money from home even if matched betting isn't for you. Why not start a website, make money from affiliates, complete surveys, or earn £50 from one simple mystery shop? Don't forget that I have a free 6 week money making course too.
I have really enjoyed my matched betting journey to date and I would love to see how my second year goes.