Like many newcomers to matched betting, former Royal Mail employee John was sceptical about it at first. However, he did some research and gave it a go and, six months on, he is using it to earn extra money after retirement. Here's John's story...
What's your name?
Whereabouts do you live?
I've lived in Chesterfield, Derbyshire, for the past 30 years but I'm originally from Edmonton in North London.
Tell us a little about your family.
I've been married to Sue for 29 years, we have three grown-up children and three grandchildren.
Do you work?
I took early retirement from Royal Mail four years ago.
How long have you been a member of PA?
Since January 2017.
How did you hear about it?
I originally came across the term "matched betting" on a football fans' forum and had no idea what it was all about. But, having a chat with one of my daughters and her partner one day, it turned out that they had had a go at it previously and had made money from the sign-up offers.
I was still sceptical about the whole thing but they gave me the details for PA and, having done a lot of reading, I thought I'd have a go at the sign-ups to see how it went. Six months later, I'm still here making money and really pleased I tried it.
How have you found it?
As someone who has never had any interest in gambling, it was a bit daunting to start with but the written and video tutorials and the forum on PA take a lot of the initial worry out of it.
What do you do with the profit you make?
We are taking all the family to Florida in 2018 so all the profits are going into that at the moment.
How much time do you spend on matched betting?
Approximately two hours a day.
Why does matched betting appeal to you?
The flexibility to pick and choose when I work and how much I want to put into it, and the small matter of tax-free earnings.
What would be your advice to someone thinking of trying matched betting?
- Read and watch the tutorials as much as possible before starting.
- Practice navigating the bookies and exchange websites.
- Be disciplined, resist the temptation to spend your initial profits and reinvest them so that you are in a position to take on the bigger sign ups and ready to move onto reloads.
- Be organised, record everything you do, it may be time consuming to start with but it can be very easy to lose track of money and free bets.
- Before placing a bet, make sure you have enough money in the bookies' account and enough in the exchange to cover the liability.
- Make sure you fully understand liability.
- Once you're comfortable with different types of sign-up offers have a practise with accas and horse racing refunds without actually placing any bets, especially as Acca Catcher and Match Catcher are now included in the subscription, so that you are ready to move straight into reloads once you come to an end with the sign-ups.
- If you have any doubts about any of the offers check with the forum before going any further and never worry about asking questions, everyone has to start somewhere and there is no such thing as a daft question.
Are there any elements of PA that you particularly like or find useful?
I like the quick, accurate and friendly advice from the forum, the clear instructions in the tutorials and the tools available.
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