Matched betting is hands down my favourite side hustle! Last year I told you why I was no longer writing my online income reports, and mentioned that I might bring them back for one of my side hustles. Today I have my November 2018 matched betting income report for you. If you're wondering if you could make a monthly income through matched betting then read on:
What is matched betting?
Matched betting is a legal and tax free way to utlise offers that bookmakers give to new and existing customers. These offers can be turned into a guaranteed profit thanks to matched betting. It has been around for years now, and even The Guardian have written about it.
Can I make a monthly income?
The amount of money that people make from matched betting varies and is dependent on a few things. How much money you can put into your matched betting pot, how much time you have and how many accounts you are able to create all impact their matched betting monthly income.
How Much Cash Have I Made?
You can see all my previous matched betting income below. Please note that from January 2017 I have been focusing on growing my business with a provable income, with a lot less time to dedicate to it:- Month 1 earnings – £1,430
- Month 2 earnings – £1,619
- Month 3 earnings (including a Q&A) – £849
- October 2015 earnings – £1,105 (Remember that month 3 also overlaps into October 2015 as I switched to reporting it per calendar month.)
- November 2015 earnings– £915
- December 2015 earnings – £1,347
- January 2016 earnings – £777
- February 2016 earnings – £393 (on holiday for 2 weeks)
- March 2016 earnings – £701.64
- April 2016 earnings – £622.36
- May 2016 earnings – £1,019.16
- June 2016 earnings – £447.18 (away for a week)
- July 2016 earnings – £689.52
- August 2016 earnings – £491.86
- September 2016 earnings – £279.29
- October 2016 earnings – £691.85
- November 2016 earnings – £773.74
- December 2016 – £0.00 (took a break)
- January 2017 – £473.43
- February 2017 – £514.97
- March 2017 – £214.12
- April 2017 – £394.76
- May 2017 – £481.25
- June 2017 – £249.68
- July 2017 – £158.73
- August 2017 – £301.58
- September 2017 – £427.61
- October 2017 – £203.83 (away for 2 weeks)
- November 2017 – £45.84 (away for most of the month)
- December 2017 – £187.24
- January 2018 – £349.54
- February 2018 – £223.39
- March 2018 – £493.01
- April 2018 – £189.31
- May 2018 – took a break
- June 2018 – took a break
- July 2018 – £139.32
- August 2018 – £301.65
- September 2018 – £121.94 (on holiday)
- October 2018 – £328.51
- November 2018 – £459.31
- December 2018 – £258.45
- January 2019 – £148.37
- February 2019 – £199.84
- March 2019 – £579.54
- April onwards – paused for a mortgage application
How much money did I make from Matched Betting in November 2018?
I made £459.31 from matched betting in the month of November 2018. This money was made from reload offers and a casino offer – no new customer offers.
What happened in my life in November
With matched betting you definitely get out what you put in, so I think it is really important to tell you what happened in my life this month so that you understand how much time I had for matched betting.
November seems to have passed in a blur! I was running a money making challenge in my Facebook mastermind group, and knowing that December would be taken up with vlogmas I knew I needed to crack on. I hit it really lucky with a casino offer and made £138 risk free.
We were also away for a few days for the SHOMOs, where I won Best Money Making Blog for the third year in a row, and came runner up to Best Designed Blog and Success of the Year. Needless to say I'm pretty chuffed!
Get a Matched Betting Free Trial
When you're starting out Matched Betting, it's both easier and quicker to make money, with some harder offers left until you have gained more experience (and sometimes a bigger matched betting pot to help you to complete the offers).
I have been using Outplayed.com (Previously Outplayed.com (Previously Profit Accumulator)) to not only teach me matched betting, but also to keep me up to date with the best offers. They list all the offers known currently in the UK and spell them out with step by step instructions.
Outplayed.com (Previously Outplayed.com (Previously Profit Accumulator)) give you a free trial where you can earn around £45 (I think around £40-£60 is a fair estimate). This should cover your first month's membership and allow you to test the waters and understand what's involved with Matched Betting and decide if it is right for you. If it isn't, that's totally fine too!
How to continue to make a matched betting monthly income after your free trial
Now you've got your account set up, you have access to all the offers, and you've completed the two free beginner offers. Where do you go from here?
If you like matched betting and want to continue then I would recommend signing up as a Platinum member. Then you will be working your way through the Beginner Offers section, where the offers range from £10 to £200. You'll need more money in the bank to complete the bigger offers, but hopefully by the time you reach them you will have the money needed to complete them.
Take your time going through our Beginner Offers section. There are lots of useful hints, tips and videos included along the way that will help you down the line. On completion of the Beginner Offers, you should have pocketed yourself up to £500.
During the Beginner Offers, you may find yourself waiting around for cash withdrawals from the bookies, this problem will go away over time as you build up cash in your bank account.
Related:
- If matched betting is so good, why isn't everyone doing it?
- Can you do matched betting long term?
- Matched betting & mortgages – what you need to know.
How to make money consistently from matched betting
In order to make money consistently from matched betting, there are some important things that you need to remember.
You need to get yourself into a routine of matched betting, making it a regular part of your week. Ideally, you should be matched betting for 1-2 hours a day to make £1,000 or more per month.
Keep money within your matched betting pot, that way you can complete offers faster and more easily.
Set yourself matched betting goals – you can have a daily target, a weekly target or a monthly target.
Take part in the community on Outplayed.com (Previously Outplayed.com (Previously Profit Accumulator)) – there is a massive support forum where you can ask questions, discuss offers or just talk about what you are going to do with your matched betting earnings!
Free Monthly Matched Betting Calendar
Download your free monthly matched betting calendar to keep up to date with all the high-profile sporting events happening in 2021/2022.
Around the time of these events reload offers will be more frequent so print off this calendar and keep it to hand to boost your matched betting profits.
Complete your name and email address below to get your free download.
Join my Matched Betting Facebook group
I am really excited to let you know that my matched betting Facebook group is open to new members again! This group has nearly 5,000 matched betting members who support each other.
It is somewhere to ask questions and even celebrate your matched betting success. We would love you to come and join in!
Click here to join the Facebook Group
Hi Emma
Can i ask how much you keep in your mb float ongoing? do you keep it spread between bookies and exchanges or put it all back in your bank account as you go? do you ever take out profit? and if you do, do you just wait and keep chunks?
Im at about £500 profit notw and people on PA reckon getting to 1-2k before taking any out, which seems sensible but serious delayed gratification! also losing motivation as most sign up offers I’m left with are £5 free bets which seem like a lot of effort sometimes for only about £3 profit… 🙁
Hi Liz,
My float is now around £3k and it is just kept wherever the money lands.
I take profit out weekly.
Yea £1-2k is best in an ideal world, but you do whatever you need to do. Well done on your profits so far!
Do you mind if I ask how your bets are spread out … accras? Each way horse racing bets? I’m not sure exactly what they’re called (!) but it seems the straightforward place a !£10 bet and receive a free bet do become limited over time?
Its a real mixture tbh, I do a lot of horse racing refunds as I really enjoy them. I just look through PA for the easiest reload offers.
Very informative post Emma.
Going to be exploring the world of matched betting in 2019 once I have made one of my other side hustles a little bit more passive.
All the best and Merry Christmas!
Good luck with matched betting and your other side hustles.
Merry Christmas to you too!