My Matched Betting Income Report series is finally back after the Summer break. And with football returning, profits are not far. After taking some of June and most of July off, I feel refreshed and am ready to smash matched betting again. Additionally, this is also month 12 of matched betting for me, meaning I have been matched betting for a year now. Time flys! Anyway, let us see how August went and if you want to read my previous matched betting income report, you can do so here.
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One year of matched betting
Before I start with the matched betting income report for this month, I wanted to present what I have achieved in one year of matched betting. I started with just £10 on the 9th September 2018. These £10 have now turned into £9,629! I am slightly upset that I did not make it to £10,000 because that would have sounded much nicer. However, overall I am very happy given that I am doing matched betting alongside my full-time job and blogging.
I am really grateful to OddsMonkey and cannot recommend their service enough. Without them, I would not have been able to make half as much as I did. This is because OddsMonkey takes the hassle out of matched betting by finding close odds for you and summarising the daily matched betting offers. Read my OddsMonkey review for more information.
During my first 12 months of matched betting, I learned a lot and you can benefit from this! I have comprised a list of my top 10 matched betting tips that will help you to earn more.
What offers did I complete in August?
Sports – matched betting income report
In August 2019, I made £304 from football-related offers. The majority of this came from Premier League season start offers. I also had very generous email reload offers from 10bet and PartyPoker. A few bookmakers (Will Hill, Betfred, PartyPoker, Betstars) offered long-term offers (place a bet on the top goalscorer market and get free bet for goals) and to be honest, I have not yet laid them all. Here is hope that one of them will win but knowing my luck, they will not…
Apart from this, I also did the regular football offers, such as JenningBet’s (and also Betstar’s) 80th-minute offer and 2up. 2ups have only accumulated qualifying losses (QL) this month, but eventually, I should recover that (hopefully soon).
To find 2ups, I use the 2up filter on OddsMonkey. For the in-play offers I mentioned as well as further football offers, use the OddsMonkey Daily Offer List. You should complete as many of these offers as you can to maximise your profit.
I made £175 profit from horse racing offers this month. There is nothing special to report here, except that Will Hill’s second-place refund offer is great and so is Skybet’s. These offers, alongside others, can be found on the OddsMonkey Racing Matcher or Extra Place Matcher.
Not much happened here, only £1 of profit came from other sport offers. I did skip the tennis offers as I was too busy to deal with dutching and retirement rules. The £1 comes from accidentally arbing Will Hill when doing a trigger bet for their Scratch of the Day. Well, it was an accident, I swear! As I am restricted from most of their offers, it is not that much of a problem anyway.
Casino – matched betting income report
This month, £101 came from slot offers. To be honest, this is terrible as according to the expected value (EV) I should have made more than double that. However, looking at overall slots EV over 12 months, I am still doing much better than I should have. Slot offers I completed were mainly Galabingo’s happy wheel and Sky’s daily casino offer. GoWager also has a good weekly offer, although recently their slot of the week choice has been pretty rubbish. For more slot offers, I look at the OddsMonkey Daily Offer list.
You can learn how to complete low-risk casino offers using my free guide, which will also teach you about EV and variance.
Of my August matched betting income, £9 come from other casino offers. This comes from completing the daily free offers every single day. Additionally, this section also includes blackjack. I use blackjack for wagering wherever possible and this month, I am slightly down on this.
Other – May matched betting profits
I am not a great fan of bingo, in fact, I hate it. Bingo has too much variance for my liking and the return to player (RTP) is not great either. However, I play free bingo nearly every day from the BuzzBingo free game. This month, I made £18 from this offer.
When auditing my accounts, I found £113 that I could not attribute to any offer. This is nothing new to me as I am always too lazy to check for Best Odds Guaranteed (BOG)s. The rest is probably from being careless when doing extra places and settling them appropriately. I am not proud of this but I equally do not want to invest the time to investigate more thoroughly.
How much time did I spend on matched betting?
I am a part-time matched bettor and balance matched betting with my full-time job, blogging and free time. Usually, I sit down for one or two hours a day to do matched betting. This month, more often than not, this was only one hour (or even half an hour). On the weekends, I usually commit more time to matched betting, averaging to about 3 hours per weekend day.
matched betting income report summary
Given how little time I spend on matched betting, my profit for August is impressive. I am very happy and proud that I made it to one year. Originally, I did not really expect anything from matched betting and I started only out of curiosity. This is why I only put £10 in at the start.
As for August 2019, I am happy that I could go back to matched betting so easily after taking most of July off. It is unfortunate that there was no profit from 2ups but I hope this will even out in September.
If you are interested in starting matched betting yourself and earn £500+ per month, have a look at this guide. Should you be interested in learning how to complete low-risk casino offers, I also have a guide available. You can also directly sign-up to OddsMonkey here or read my review first.
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