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A guide for making money with matched betting

A guide for making money with matched betting

Making money on the internet isn’t as easy as some people make it out to be. It can be a real slog but there are many opportunities on the internet for you to make money it can be equally as difficult to determine which the right path is for you. One great way for you to make money is from the free bets and bonuses that the bookmakers offer to you. Yes you read that right, you can actually make money from the free bets and promotions that the bookmakers offer its customers. Another great thing about this way of money making, it is very easy. It also has a name and it is called matched betting.

Matched betting is the fancy term of turning bookmaker free bets and promotions into cash and guaranteeing you a profit in the process. Imagine that every time you place a bet with the online bookmakers out there, you will make money. It is incredible. When I first started making money from free bets, I never deemed it would be possible but after placing my first few bets, I started to believe it is actually doable and I was hooked. There are many scams that exist out there and what convinced me that matched betting was for real is the fact that it is done with real legitimate bookmakers. If it was to be done with sites and companies I had never heard of, I would be more a lot more sceptical in the earlier days and I would probably have refrained from starting matched betting altogether.

Making money from free bets is a really simple process which can be done in two easy steps. You need to place an initial qualifying bet and then a free bet. The free bet is where you will make your money and the qualifying bet is the bet you place first in order to be able to receive the free bet from the bookmakers. Once you have placed the first qualifying bet, all you have to do then is turn the free bet into solid cash and you can withdraw your money from the bookmakers or the betting exchange and move on to the next offer. Because there are many bookmakers offering free bets on initially signing up to them, there is plenty of money to be made. So if you think it is only peanuts money you can make, you are very wrong as there is good money to be earned from turning the free bets into risk free cash.

One greater thing about turning free bets into money is all the money you earn from doing matched betting, is tax free. In the eyes of the law, it looks like you are gambling but you are not. Also because tax cannot be refunded to those who lose money from gambling, equally is cannot be made taxable to those who make money from betting. So every penny that comes your way from matched betting is yours to keep and spend on whatever you please. Try this website for an excellent review of Oddsmonkey http://catbets.com/oddsmonkey-review/

 

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