Matched betting

[lewisdmz]

In a nutshell - free money. Well, I say free, like anything you need to put time into it, but whenever i've worked it out it's about £15 an hour, tax free.

I know a lot of people will be rolling their eyes at this point, I did as well. So I won't go on unless people are interested.

Basically, you can use a betting exchange to bet on an event NOT happening at the same odds you would place a bet at the bookies FOR an event happening - so no matter what the outcome of the event, both bets will cancel each other out.

You can use this system to make a guaranteed profit from the free bets which online bookies give out all the time (as you are only using your own money for one of the two bets).

If it helps to believe me, here's an article on The Guardian about it.

http://www.theguardian.com/money/2010/ju...ts-bookies