Originally Posted by kowalski

If you have a few quid to use as a float, you can make £400 a month on your money for about 2 hours work.


In simple terms:

Bookies offer free bets in exchange for a deposit.
You deposit.
You bet the deposit.

Betfair allows you to set yourself up as a bookie.
You log in and accept the exact same bet from a punter.

Whatever the outcome of the event you lose nothing.

Then the bookie gives you the free bet.
You bet the free bet.
Again you go to Betfair and accept the same bet from a punter.

Whatever the outcome of the event you walk away with the free bet as profit.


It is a tiny bit more complicated than that mathematically speaking and you won't take 100% of the free bet because you pay a small fee to Betfair. However, the principle is exactly as laid out above.

Easy money. Just requires a little research and a small cash fund to get started.

If you learn everything about it, you can live off it completely (as some people do). Check out the Matched Betting thread on the Money Saving Expert website and feel free to ask me anything about it.


Peace,

kowalski