This post may contain affiliate links.
Sponsored post. Regular readers of my blog will know that I speak about matched betting on a regular basis. If you read money making blogs regularly you will know that matched betting is mentioned frequently as a way of making money online. This is usually because bloggers like to write about things that we know about, and in turn, can advise our readers on. I’m certainly one for writing about things that I have tried out myself and had success with. I want my readers to be able to focus their efforts on ways to make money and avoid wasting time on methods that don’t work. Since writing about matched betting I have had a number of readers give me their own reasons for not wanting to try it. Sometimes people are trying to justify a lack of confidence and other times they have a legitimate reason for not taking part, such as a past gambling addiction. Today I want to talk about the reasons why people don’t try matched betting.
Firstly, what is matched betting?
It is actually quite a simple concept, even if it doesn’t always feel that way when you first get started. Basically, you sign up for bookmakers and betting exchanges. They will provide you with new member offers, things such as £10 free when you deposit £10. You can take advantage of these new member offers to make a profit. Most of the UK bookmaker websites have new member offers and they are designed to get you to sign up, spend your money and make them a profit. However, with matched betting, you are using these offers to your advantage to ensure that you make a profit from them.
5 reasons why people don’t try matched betting
Not knowing where to start with matched betting
This was something that I worried about when I was starting out. I didn’t know how to gain access to the offers and I wasn’t sure how to keep track of my money, or anything else. Taking the leap to signing up for a matched betting service felt a little daunting, however, once I set my mind to it I was so, so, happy I got started.
Thinking if something sounds too good to be true it probably is
I’m usually a firm believer of this phrase. For a while, I avoided matched betting because I heard people talking about making £500-£1500 a month and it all seemed a bit unrealistic. Then I decided that even if I made 10% of that a month it would still be a nice boost to the family coffers.
Being worried about tax implications
This wasn’t something I have really worried about, but I hear this LOTS. People often tell me that they are worried about declaring the income, or it affecting their tax-free allowance. This doesn’t actually apply, as currently money made from gambling website, is tax-free.
Lacking in confidence to get started
Hearing people talking about matched betting can bring about a lack of confidence. It can feel like everyone else is already matched betting and doing great at it. However, like most things, once you actually take the leap and make a start you will feel proud and be surprised how much simpler it is than you thought. I remember sitting there, for a few hours, once I had finally decided that I was going to get started. I watched videos and read text guides over and over, before taking the leap.
Finding the jargon confusing
When I completed my first few offers, and make my first bit of profit, I found some of the jargon a little confusing. Words like lay, exchange and gubbed threw me a little. However, it only took another week or two before I felt confident and really understood the offers I was completing.
Want to give matched betting a try?
You could go it alone completing matched betting offers, or you can spend a small amount of money each month and join a website where you can see the offers at a glance. You can get access to 100s of offers and even speak to a real person on live chat. Recently I’ve learned about Heads&Heads. The man behind Heads&Heads has been matched betting for 7 years so is incredibly knowledgeable. Also, at Heads&Heads they have fantastic customer service and 70% of their premium members are long-term ones, showing how great people find their service.
It costs £14.99 a month to join Heads&Heads, with a 30-day money back guarantee AND no minimum contract. Also, you can save money by signing up for an annual membership for £150. For this price you get access to all of the Heads&Heads matched betting tools, including; their Oddsmatching Software, personalised user Dashboard, matched betting calculators, access to the Heads&Heads forum, LiveChat customer service, around 150 various offers (complete with video guides) and new reload offers added every single day. This is a GREAT price for so many tools!
Personally, I feel that using a matched betting service is absolutely the right decision. I don’t have to spend any time searching for offers and having access to live chat is definitely an added bonus. Being able to speak to someone if I’m unsure of an offer is a great help and definitely boosts my confidence if I have a little break from matched betting.
Fancy giving matched betting a try? I’ve got an exclusive discount to get you started!
If you’ve debated trying matched betting then now is a fantastic time. You can go into the New Year making more money online, and best of all it will be tax-free! I’ve got an exclusive discount code, KATY1, to provide you with your first months matched betting service for just £1. Even better if you want to sign up for a year you can do so for £100! I’ve written about Heads&Heads in the past if you want to take a look. Code valid until 30/06/2018.
I’m really happy to share Heads&Heads with my readers, particularly those who love to make extra money. I’ve been matched betting for more than 18 months now and in that time I have saved a HUGE deposit for when we buy a house. I consistently earn at least £500 a month. Every month. Use this link and my exclusive discount code KATY1 to get started!
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