Author Topic: Matched Betting - UK - any players?  (Read 185 times)

daverobev

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Matched Betting - UK - any players?
« on: October 16, 2018, 12:32:06 PM »
Seems like UK credit card stuff is reeeeally bad vs Canada and the US, so I've been looking for a new 'wheeze' for when I get to the UK - some method of making a little extra money on the side (without taking on an extra job).

It would appear that the profusion of gambling sites and shops in the UK means both sign up and weekly offers leads to a wealth of opportunity. Of course you have to be careful - fortunately I'm not a gambler, but I do like numbers, so it seems like this will work out for me.

I've read a few blog posts and so on, and it seems possible to make at least a few tens of pounds a week without too much effort.

One comment mentioned not touching it because it's unethical (gambling generally), but after thinking about it a bit, it seems to me no worse than credit card churning - both gambling and credit card companies make money from people not being smart with their money, and so I am in turn being a parasite on a parasite.

Hmm. Sounds bad when you put it like that, I suppose. However - other people's actions are not in my control, only my own are.

For those wondering - matched betting is taking both sides of a bet in order to directly either make only a small loss, or a small gain (arbitrage); but the big picture is to use promos of one kind or another to make a profit.

Example: Bet 20 on a horse to win at even odds, then lay (lay = bet against) the same horse elsewhere at the same odds. Outcome? If the horse wins, you win 20 but lose 20; if the horse does not win, you lose 20 but win 20. BUT you get 10 a free bet in the process. It isn't quite that straightforward, but close.

francisthomas

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Re: Matched Betting - UK - any players?
« Reply #1 on: October 31, 2018, 02:48:16 AM »
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