I've recently started doing matched betting and it's been very profitable, about £700 over 2 weeks with almost no risk, I thought other people might like to hear about it.
First if you do this make sure you understand what is happening before you bet and make sure you read and understand the terms and conditions of the offer you are doing before you place your bet. This is almost risk free but only if you are fully informed.
Most bookies will offer you free money to sign up with them. For instance Ladbrooks when you deposit £100 they will give you £100. Now that £100 will come with terms and conditions attached, with a little bit of care and effort you can guarantee a profit of about £75 from that £100.
The idea is that you place a bet with ladbrooks and then go onto a betting exchange (like betfair or smarkets where you get to be the bookie) and lay the bet (basically bet the opposite), this means whatever happens you won't win anything but will lose very little. You can use this to fulfil the terms and conditions of the free money that ladbrooks gave you while guaranteeing you make say £70 whatever happens with your bets.
I'll write more with a bit more explanation if people are interested in doing it.
First if you do this make sure you understand what is happening before you bet and make sure you read and understand the terms and conditions of the offer you are doing before you place your bet. This is almost risk free but only if you are fully informed.
Most bookies will offer you free money to sign up with them. For instance Ladbrooks when you deposit £100 they will give you £100. Now that £100 will come with terms and conditions attached, with a little bit of care and effort you can guarantee a profit of about £75 from that £100.
The idea is that you place a bet with ladbrooks and then go onto a betting exchange (like betfair or smarkets where you get to be the bookie) and lay the bet (basically bet the opposite), this means whatever happens you won't win anything but will lose very little. You can use this to fulfil the terms and conditions of the free money that ladbrooks gave you while guaranteeing you make say £70 whatever happens with your bets.
I'll write more with a bit more explanation if people are interested in doing it.