Is Matched Betting Worth It?
In this guide we’re going to explore the idea: Is matched betting worth it? Is it worth the effort? There are arguments for and against it and both need to be considered before committing yourself whatever way you decide to go..
So, you’ve heard all you needed to hear about matched betting. It’s a pretty nifty way to earn a side income with no risk of losing your money (aside from your own human error of course). It’s tax free, legal money that can be earned from the comfort of your own home.
But, is matched betting worth it?
I mean, taking the odd £3 here and there does seem like an awful lot of effort for not a lot of money. Right?
Well, I’ll be honest you’re right.
In fact, when I first came across matched betting as a legit way to top up my travel fund before heading to Thailand, I told 2 friends about it.
Just to be clear, one friend never really bet at all. Maybe on the odd Grand National every so often or something. While the other friend was regular punter with multiple accounts.
The ‘Punter Friend’ (not sure he’d like being called that, but anyway we’ll go with it for now…) didn’t show much interest. Yeah, he was happy for me but that idea of collecting £3 here and £7 there didn’t interest him at all. He got a kick out of making the right calls and profiting a couple of hundred quid at a time. And, I’ll be straight, he wasn’t too bad at it either.
Sure, he lost a bit of money as every punter does, but overall he was able to keep himself in the positive. He stuck to the football, where he had a lot knowledge and was able to make the right calls more often than not.
The other friend however DID show interest. He’s a much more penny-wise individual and also saw the opportunity I saw, which was matched betting provided him a chance to earn a guaranteed profit. Gambling his money didn’t appeal to him much.
But, he still has never set up his accounts and has never placed his first matched bet. He has essentially done exactly the same as our ‘Punter Friend’ – which is, well….nothing.
Why?
Well, if you’d ask him he’d say something along the lines of ‘Yeah, I should really get that in to that soon’ and then proceed to ask me a question that might have been stopping him from doing it already.
But, if there’s one thing I’ve learned over the years is this…
People will always prioritise what’s important to them.
In other words, my friend didn’t deem the profits from matched betting as important as other things he was doing in his life.
Which then leads us back to the original question – is matched betting worth it?
Both of my close friends obviously don’t think it is. But, I have different view – obviously.
Matched betting for me is a way to not only making additional income from home, but can be a way to pay off debts, top up your holiday fund, have a little bit of extra cash for Christmas or even a way to put some money aside for bigger investments.
Will you become rich by playing the bookmarkers off against each other? Not likely. But, there are literally thousands of case studies from people earning anywhere between £200-£5000 per month using matched betting.
Yes, a lot of the offers will only bank you £3, £7 maybe even £20. But as Robert Collier once wisely said;
‘ Success is the sum of small efforts – repeated day in and day out’
Robert Collier
Matched Betting Daily Routine
Listen, I’m an efficient person. I hate wasting time and if I can find a way to achieve something with minimal effort – I will. While many will argue with me until they’re blue in the face, I’m not lazy. I just don’t see the need to work harder than I should when I can get things done in a more efficient way.
I take the same approach with my matched betting. I don’t need my matched betting income, and I certainly don’t earn £5000 a month. Anywhere between £400-£700 extra a month for me is perfect.
But I don’t spend my whole day doing it either.
My matched betting routine is pretty simple:
- Morning: 15-30 minutes
- Evening: 15-30 minutes
…and that’s it.
While this does leave out the individual tasks I do in these blocks of time – my routine doesn’t really get any more complicated than this. If we look at the minimum hourly wage vs the time I put in the very minimum I’ll earn is around £7 per hour. But if we take the upper limit of £700, I’m looking at a very healthy £25 / hour.
Routine and Automation are Your Friends
Unless you outsource your matched betting to a some Filipino kid for pennies, you’re not going to be able to completely automate your matched betting. (Side note – NOT recommended!)
But, you can reduce the amount of time you spend matched betting. Learning how to matched bet is like learning any other skill. The better you become at it the quicker you can do it. But not only that, using a matched betting service like Profit Accumulator for example you can cut your time down massively.
With their calculators, daily offer uploads and support on hand whenever you need it
I’m also not suggesting that you’ll earn the same as me, on a totoal income baisi or hourly basis. The tasks you do, the offers you decide to take up and the ‘health’ of your accounts all play a role in your overal profits. You might make less, you might make more.
So What’s Next? Is Matched Betting Worth It?
Even if you don’t plan to do matched betting long-term I would highly recommend you at least take advantage of all the welcome offers. With around £1000 to be made, you’ll have more than enough money to put toward your next holiday, pay off some debt or get a few rounds in at your local Wetherspoons.
So again, is matched betting worth it?
Long-term, that’s entirely down to the time you have available and whether or not your time is best spent elsewhere.
In the short term however, with over £1000 to be made I’d definitely say, without a shadow of a doubt – Yes, matched betting is worth it.
To get started, the first step for any new matched bettor would be to head over to Profit Accumulator. Take them up on their free trial where you’ll be able to earn your first £40. Then, use that profit to pay for one months subscriptions at £17.99.
At the end of your first month, you’ll be £17.99 down but £1000 up. I’m no maths genius, but it don’t Einstein to work out, that’s very well worth your time.
Until next time,
Profit well my young Padawan,
Mr Matched Betting
