Thought I’d start this thread on matched betting as I’ve found it to be a great way of creating an extra bit of tax free income.
For anyone that hasn’t heard of matched betting before, it may seem too good to true…
When you sign up to bookmakers they often always give out free bets to their new customers and also to their existing customers. Usually a punter would place a bet using the money they’ve deposited and also their free bet, usually not making any money.
With matched betting you can guarantee a profit from your bets by backing all outcomes. This is done by placing a “lay” bet at a betting exchange (such as Betfair Exchange).
If you’re interested and want to find out more I’d check out this article which is a great introduction to matched betting and how it all works
If you’ve got any questions please let me know and I’d be happy to help
Btw the website I’ve linked to is run by yours truly