Can you make a living with matched betting?

A number of people are looking to matched betting for extra income, but many are also looking to it as their sole source of income. The reason you want to make a living with matched betting is simple: It’s incredibly easy and can be done by anyone. The income can be SO great.

Is matched betting successful?

How much profit can I make? For each matched bet, you will be left with up to 95\% of the free bet amount as profit. This is because betting exchanges usually charge a commission of 5\% on winnings. You may also make a very small loss on the qualifying bet due to the minor difference in odds on each website.

How much money can you make from matched betting UK?

You can expect monthly earnings in the range of £1000 to £1500. Practically, most of the punters starting their journey earn in this range in first month. There are some punters who have reported earnings even more than £2000. Never compromise your betting prospects with a mediocre, unreliable platform.

Can I Find my matched bets without the oddsmatcher?

Yes you can. OddsMonkey members use our OddsMatcher to find their matched bets as it makes it a lot easier to find good betting opportunities but you can find bets without the software. When matched betting manually, we will need to look at 2 websites at once both the bookmaker and the exchange to look for favourable odds.

How much can you earn with oddsmonkey?

That depends on how much time you spend matched betting. Many of OddsMonkey’s users are consistently earning up to £1500 every single month, with some of our more advanced members earning much more. Are there any risks?

Is matched betting gambling?

One of the biggest concerns we get about matched betting is that it must be gambling. Well, it isn’t and we’re going to show you why. Taking a step-by-step look at how traditional betting works against matched betting, you’ll be able to see the difference. Let’s place our first bet of £10 on a football match: England to beat Italy.

Is matched betting safe and risk-free?

Matched betting is safe and risk-free in principle — mathematically, it is guaranteed to generate profits. However, the Advertising Standards Authority (ASA) considers the claim of matched betting being 100\% risk-free “misleading because, although theoretically sound, the process was open to human error”.