Matched Betting - Is it still worth it?

katykicker

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If you want to make £500 a month and work one hour a week [member=2431]Uhhhhh[/member] there is only ONE profession I can think of :D HAHAAHAHA
 

Uhhhhh

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[member=920]katykicker[/member] Ooer...is that tomorrow's bootcamp post??? ;D
 

katykicker

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Uhhhhh said:
[member=920]katykicker[/member] Ooer...is that tomorrow's bootcamp post??? ;D
Haha yes, I'm linking to my adult work profile (LOL) and telling you how you don't need to declare those sex worker earnings HAHA
 

Blackpepper1

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Uhhhhh said:
Is it still worth doing? Yes, why not - it's tax-free money and if your target is £100-£200 a month then that should be fairly straightforward if you have an hour or two on a Saturday morning. Also it's very very easy in the beginning to earn about £800-£1000 because the new account sign-up offers are basically mostly straightforward and are very profitable.

That being said....it is certainly not like it was this time a year ago. The sports offers are almost non-existent now, and there has been a noticeable shift from the standard 'bet x get x' to 'get a free bet if this very unlikely event decided by very intelligent traders happens'. Speaking of which, I was sent a tweet last weekend from a betting tipster that showed all of the specials/price boosts offered by Skybet that day...3 or 4 of the 80+ offers had actually come off. Traders are smart cookies. Maybe it's something that will change next season - there's a lot of talk of bookies having to be conservative this year to scrape back some of those big losses from Leicester winning the league last season. We can only hope for better offers coming soon!

I think the promises of "spend an hour at the weekend and easily earn £500" is absolute BS. The only way to do that now is from a combination of:
- Doing very risky slot offers (fine if you don't mind risking your money - sometimes it pays off)
- More sophisticated MBing (accas, horse racing refunds, however nothing has restricted or gubbed my accounts like horse racing )
- Multi-accounting (illegal, many people obviously do it and then claim their monthly earnings are just from one account)
- Putting more time into it

So yeah you probably will earn £500 a month easy for the first couple of months whilst your sign-up free bets are rolling in, but long term it's not that easy anymore.

[member=920]katykicker[/member] is right - it's a good little source for a bit of extra cash, maybe to save up for a holiday or to help boost your savings, but you cannot live on it or use it as a source of income unless you put a shitload of time and effort into it.

If someone disagrees with me and can tell me how to 'put an hour a week into it and make £500 a month easy peasy' then genuinely please do a blogpost because I'd be genuinely interested to read it. Something with a breakdown of time/offers/profit would be an interesting read.
So true!
After the initial sign ups the offers are not so good and you will eventually get gubbed from a few bookies even with mug betting. Bookies are starting to gub more and quickly even for no apparent reason. I have been gubbed from Accounts even when I placed mug bets, didn't take high odds, stuck to high profile matches, didn't do every offer and didn't win much which doesn't make sense but obviously bookies look at Accounts on a regular basis and just do a clear out every now and then of those people who are not giving them enough profit.
Anything I earn now is just extra and for me I am finding it better just to treat it as extra money whatever the amount.
MB shouldn't be relied on as a main income stream to live on and pay bills it just isn't reliable enough and the more offers you do the more you are at risk of getting gubbed.
It is Tax Free so is worth doing for that and can help to pay for a few things or top up savings.
 

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Uhhhhh said:
Is it still worth doing? Yes, why not - it's tax-free money and if your target is £100-£200 a month then that should be fairly straightforward if you have an hour or two on a Saturday morning. Also it's very very easy in the beginning to earn about £800-£1000 because the new account sign-up offers are basically mostly straightforward and are very profitable.

That being said....it is certainly not like it was this time a year ago. The sports offers are almost non-existent now, and there has been a noticeable shift from the standard 'bet x get x' to 'get a free bet if this very unlikely event decided by very intelligent traders happens'. Speaking of which, I was sent a tweet last weekend from a betting tipster that showed all of the specials/price boosts offered by Skybet that day...3 or 4 of the 80+ offers had actually come off. Traders are smart cookies. Maybe it's something that will change next season - there's a lot of talk of bookies having to be conservative this year to scrape back some of those big losses from Leicester winning the league last season. We can only hope for better offers coming soon!

I think the promises of "spend an hour at the weekend and easily earn £500" is absolute BS. The only way to do that now is from a combination of:
- Doing very risky slot offers (fine if you don't mind risking your money - sometimes it pays off)
- More sophisticated MBing (accas, horse racing refunds, however nothing has restricted or gubbed my accounts like horse racing )
- Multi-accounting (illegal, many people obviously do it and then claim their monthly earnings are just from one account)
- Putting more time into it

So yeah you probably will earn £500 a month easy for the first couple of months whilst your sign-up free bets are rolling in, but long term it's not that easy anymore.

[member=920]katykicker[/member] is right - it's a good little source for a bit of extra cash, maybe to save up for a holiday or to help boost your savings, but you cannot live on it or use it as a source of income unless you put a shitload of time and effort into it.

If someone disagrees with me and can tell me how to 'put an hour a week into it and make £500 a month easy peasy' then genuinely please do a blogpost because I'd be genuinely interested to read it. Something with a breakdown of time/offers/profit would be an interesting read.
do you not follow / do the £1000 a month thread on the PA forum

It updates everyday and if you do the offers in there and follow the advice you will cover £1000

Theres also a 'part time £300 a month' thread as well which is easy to follow!
 

homie

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Jon said:
It updates everyday and if you do the offers in there and follow the advice you will cover £1000*
*until your main accounts get gubbed.

I feel like I am constantly treading on eggshells at the moment for fear of losing accounts, having lost 3 since Christmas.
 

Jon

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homie said:
Jon said:
It updates everyday and if you do the offers in there and follow the advice you will cover £1000*
*until your main accounts get gubbed.

I feel like I am constantly treading on eggshells at the moment for fear of losing accounts, having lost 3 since Christmas.
offer
mug
offer
mug
mug
offer
mug

etc.
 

Boom Boom

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I find that is almost impssible to make anything these days. If it wasn't for 888 I would probably be done with MB. I have kept away from ACCA as they seem very complicated and one mistake could cost you hundreds. I am not sure I want that sort of pressure.
 

Julesfh2012

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katykicker said:
Personally I've found my earnings have decreased. I'm still able to make £500 (ish) a month which I'm happy with.

I don't have multiple accounts and I don't want to spend hours as tbh it's a bit boring to me.

I think it is fair to say that starting out it is amazing and long term it is a nice amount of pocket money for a couple of holidays or towards a car. I doubt anyone will be able to live long term just on matched betting money.

How are you down though [member=1280]Stims[/member] ?!
[member=920]katykicker[/member] what do you concentrate on?

And yes I agree [member=1280]Stims[/member] how are you down???
 

katykicker

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Julesfh2012 said:
katykicker said:
Personally I've found my earnings have decreased. I'm still able to make £500 (ish) a month which I'm happy with.

I don't have multiple accounts and I don't want to spend hours as tbh it's a bit boring to me.

I think it is fair to say that starting out it is amazing and long term it is a nice amount of pocket money for a couple of holidays or towards a car. I doubt anyone will be able to live long term just on matched betting money.

How are you down though [member=1280]Stims[/member] ?!
[member=920]katykicker[/member] what do you concentrate on?

And yes I agree [member=1280]Stims[/member] how are you down???
I do mostly reloads and a few Vip offers from Betfair and Sky Vegas etc.
 

Julesfh2012

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Yes, that is what I was hoping to concentrate on as I have done a lot of the offers already.

Thanks for all the feedback everyone! It's really interesting to see the different views people have. It is totally different to when I started out back in July 2015 as everyone was just buzzing and now I don't feel that so much.

I'm not interested in multiple accounts or actual gambling and yes I don't mind doing some casino offers but not ones that are going to lose me a lot of money.

I'm not looking to make a fixed income from MB either nor would I rely on it, as I'm definitely not one to put all my eggs in one basket. I'm not looking for a get rich quick scheme either and having spent 5-6 months MB in 2015 I have a pretty good understanding of how it works.

I guess for me I've never had those times when I was making a lot of money out of MB so whatever I earn is a bonus.

I guess time will tell :D
 

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I'm down because of the nature of the game. It's all value based now and i have hit next to zero wins all month.

For example, the couple of quid qualifying losses soon add up when you're not hitting any triggers for a free bet.

Mainly though, it's the casino offers.. 10 down here, 10 down there all awaiting a big win to swing it back around.

1 week left, will see how it ends up.

Edit.. nope. Another £35 down tonight.
 

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Your couple of quid qualifying losses make me shudder!!

For what you are losing you could just buy access to one of the horse refund tools and turn your QL into pence each time and cover FAR more ground (races) in a fraction of the time you must be spending which would open you up to triggering More refunds

My entire Saturday races QL total only ever comes in at just over £1 for all the races I cover (usually around 10+)
 

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Uhhhhh said:
Is it still worth doing? Yes, why not - it's tax-free money and if your target is £100-£200 a month then that should be fairly straightforward if you have an hour or two on a Saturday morning. Also it's very very easy in the beginning to earn about £800-£1000 because the new account sign-up offers are basically mostly straightforward and are very profitable.

That being said....it is certainly not like it was this time a year ago. The sports offers are almost non-existent now, and there has been a noticeable shift from the standard 'bet x get x' to 'get a free bet if this very unlikely event decided by very intelligent traders happens'. Speaking of which, I was sent a tweet last weekend from a betting tipster that showed all of the specials/price boosts offered by Skybet that day...3 or 4 of the 80+ offers had actually come off. Traders are smart cookies. Maybe it's something that will change next season - there's a lot of talk of bookies having to be conservative this year to scrape back some of those big losses from Leicester winning the league last season. We can only hope for better offers coming soon!

I think the promises of "spend an hour at the weekend and easily earn £500" is absolute BS. The only way to do that now is from a combination of:
- Doing very risky slot offers (fine if you don't mind risking your money - sometimes it pays off)
- More sophisticated MBing (accas, horse racing refunds, however nothing has restricted or gubbed my accounts like horse racing )
- Multi-accounting (illegal, many people obviously do it and then claim their monthly earnings are just from one account)
- Putting more time into it

So yeah you probably will earn £500 a month easy for the first couple of months whilst your sign-up free bets are rolling in, but long term it's not that easy anymore.

[member=920]katykicker[/member] is right - it's a good little source for a bit of extra cash, maybe to save up for a holiday or to help boost your savings, but you cannot live on it or use it as a source of income unless you put a shitload of time and effort into it.

If someone disagrees with me and can tell me how to 'put an hour a week into it and make £500 a month easy peasy' then genuinely please do a blogpost because I'd be genuinely interested to read it. Something with a breakdown of time/offers/profit would be an interesting read.
Thank you for this detailed review, will it be fair to say that I could easily earn an extra £200 a month with PA from a few minutes a day even after the new sign up offers? Also one thing I haven't seen much of is the recommended bank balance to get started with, lastly does this work well for mobile use only.
 

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Yes you can easily make £200 a month after the sign up offers

I would say start with £50-£60

You can do it on mobile but it is FAR easier on a laptop!!
 

Uhhhhh

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Romell said:
Thank you for this detailed review, will it be fair to say that I could easily earn an extra £200 a month with PA from a few minutes a day even after the new sign up offers? Also one thing I haven't seen much of is the recommended bank balance to get started with, lastly does this work well for mobile use only.
If you put a couple of hours in on a Saturday morning then you should make £200 a month, yes.

You can start with £50-£100 but it might be a bit slower as you will only manage a couple of open bets at a time.

I'd highly advise you to do it on laptop or a desktop computer...you need to have at least 3 tabs open at once (oddsmatcher or calculator, bookies and exchange) and have the ability to quickly copy and paste figures in and lay bets. Also if you make an error you may need to get to an advanced calculator or similar.
 

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