This method of investing £100 online is safe if taken with care and should only be used by people 18+ matched betting is quite common online and is well recommended on the very popular money advice website www.moneysavingexpert.com.
As a graduate I know that every penny counts, especially for students. In fact, if you have a penny, you’re probably richer than most. If you’re one of the lucky ones who has £100 left over from your latest loan installment, then you might want to think about a way in which you could increase that money.
This blog will help you to learn a little about the theories behind Matched Betting. It is something that, up until about 18 months ago, I hadn’t done much research into. The thought that there could be a type of gambling that is “risk free” was too much to comprehend, so I simply dismissed it from my mind.
However, I read a conversation on a popular student forum about some people who had managed to earn quite a bit of money, and I decided that I should give it a ago. To put it simply, matched betting is where you can take advantage of the free bet offers given by bookies when you sign up to their website. By backing one outcome on the bookie’s website and laying it, that is effectively betting that the outcome won’t happen, on another website, you are guaranteed not to lose.
You usually have to place an initial bet of anything between £10 and £500. Of course you won’t want to use any of the higher bets until you’re used to the system, so it’s best to start off low. Once you have placed this bet, it will trigger the free bet, and this is where you make the profit. Usually, you will walk away with around 80% of whatever the free bet was in profit, plus your money back that you paid into it initially. Almost all bookies offer similar free bets when you sign up, and many offer seasonal ones at Christmas, on your birthday (with the DOB you set when you create your account) and the odd free bet in specific sporting events.
If you understand how betting works, and can calculate odds, then this task is an absolute breeze for you. If you don’t, then you needn’t worry, as there is a website called FixTheOdds that gives you a list of bookies that have offers. Once you’ve signed up, FTO will take you through placing your bet, step by step, and even includes screen shots of where you need to place your money and the exact amount that you need.
The other website that you need to sign up to is BetFair. To get a free £25 bet, enter XMNXYUH77 as the referral code when you sign up to the website. You will get the £25 after you have added some money to your account, so this bonus will arrive when you have completed a couple of the betting offers. It is up to you how you spend this bet, although it makes sense to use it on something that is almost certain to happen, as this means that you would definitely be able to keep the money.
Once you have signed up to these websites, the only thing that you need to do is to make sure that you check your emails for updates on your bets. £100 is more than enough to do two of the smaller offers at once, and you can reinvest into the system immediately.
There are not an unlimited number of bets that you can take, however there are enough to make around £600 in a short space of time. If you have £100 to start off with, assuming you check the website regularly, you should find that you are able to complete all of the offers within a month. You should check back every few weeks, as there are new offers added regularly, but nothing like the initial offers when first signing up.
As a money making method, matched betting is certainly straight forward and easy to understand. The only thing that could go wrong is by rushing the bets, so ensure that you read everything very carefully before you sign up. This means that you should be able to invest your £100 wisely and turn it into a lot more in a very short amount of time.
This is a great way to get a bit of extra cash although should be taken with care, if you would like dedicated support with matched betting I would recommend that you check out the website http://www.thestudentroom.co.uk/showthread.php?t=1447788