Welcome to my monthly income report where I share ways I make and save money each month. I do this so you can see what methods are realistically viable for earning or saving decent amounts of money.
For some methods I go a little more in-depth with breakdowns, so you can see exactly how the total figure is achieved. It’s all well and good saying £300+ from Matched Betting, but that can still leave some people a little unsure as to how it was actually made, especially once all the initial sign up are complete, which for me was a couple of years ago.
July was a less active month after achieving a June extra income of £1464.30. The World Cup came to an end and there were no other major sporting events apart from Glorious Goodwood which I missed because I went on holiday to Cornwall for the last few days of the month.
For extra income in limited time, I stuck to what I know best, Matched Betting (check out my ultimate beginner’s guide here). This is the quickest and easiest way for me to earn a few hundreds extra pounds per month and it’s all tax-free.
July 2018 Matched Betting Profits Breakdown
Each month I give a full breakdown of how I actually make money from Matched Betting. This then, hopefully, lets you know where you can also make extra money from this method and pick up some tips along the way.
I’ve been Matched Betting now for over 2 years, so I don’t make much money from the initial sign-ups. My income reports show how it’s possible to make money for many months just from reloads.
I get all my offers from Profit Accumulator which offers totally free trial which should earn you £40+. This should you give you a good idea as to whether you want to do lots more of these offers and become a member. Membership is annual or monthly and you aren’t tied in so can cancel and rejoin anytime.
- Sportsbook Reloads & Arbs £33.95
- Price Boosts £172.49
- Casino Offers £200.41 (Mostly from Risk-free offers!)
Matched Betting Total £406.05
For a very quiet month sports-wise, I’m very pleased with £406.05 tax-free profit.
Below I go into a little more detail about how the money was made.
Sportsbook Reloads and Arbs Profit £33.95
All this profit came from a just few reload offers by William Hill, Bwin and Unibet.
Most of these were from the last few World Cup games. After that, there was very little available,
Price Boosts £172.49
As mentioned in many previous income reports, Price Boosts are one of my favourite sources of extra Matched Betting income.
Bookmakers boost odds on an outcome, or in some cases let you boost the odds yourself. If the boosted odds are higher than the lay odds at the exchanges you can back and lay and make a very quick and easy profit.
Most of the profit came from 47 William Hill Price boosts of various kinds. Including, daily boost, golf tournament boosts and ITV races boost.
I also picked up a few smaller boosts that were posted in the Profit Accumulator forum. Make sure you set the “Price Boosts No chat” forum thread to “Watch” so you can catch them too. Saturday morning horse racing boosts are a good start.
Typically I tried to combine the William hill daily boost on a horse that qualified for the 15% free bet bonus if the horse won by 2 clear lengths. Unfortunately, although I had race winners I didn’t hit any by 2 clear lengths.
Being away on holiday the last few days of the month meant I no doubt missed a good few price boosts for Glorious Goodwood race days.
Casino Offers Total Profit £200.41
This month I concentrated mainly on risk-free offers, in particular, free spins.
I cherry-picked the most appealing and quickest offers of the rest and pretty much stuck to the low-risk options.
However, I feel the risk-free offers are totally worth highlighting as they are often overlooked as a valid source of profit and are generally very quick to complete.
Read my informative post on various ways to make money from casino offers.
Casino Offers Under 20% EV £37.25
I personally look at the Expected Value of an offer in relation to the amount that needs to be wagered as a factor as to whether the offer is worthwhile attempting.
This month I only attempted 8 offers. Typically those with a decent Expected Value of at least a few pounds. Although these involve a bit more wagering, it’s usually possible to set them up on auto spin and do something else while they are running.
Casino Offers Over 20% EV £17.94
This month I completed at 9 of these offers. 6 of the attempts were the Gala Casino deposit and wager £30 on blackjack and get 30 free spins. This is one of the very few offers I actually wager on blackjack. The RTP for is over 99%, yet I’ve lost almost, if not every time on wagering.
I much preferred this offer when it was a risk-free deposit and get 30 free spins. Yet even with the wagering, the Expected value is over £7, so I have a go. It doesn’t take long to complete either.
Risk-Free Casino Offers £145.22
As per the last couple of months, I have given more focus to risk-free offers, in particular, free spins with little or no wagering required.
Last month I found no less than 780 free spins with no or very little wagering required. Even at 10p stakes, that’s £78 worth of free spins money and many of the offers are for 20p or more stakes.
Let me be clear here as I’ve been asked a few times on social media.
Risk-free, means totally that, no risk. You do not risk losing any of your own money.
If the offer is classed as a risk-free Deposit £20, get 20 free spins, you simply deposit £20. You can then claim your 20 free spins. You do not wager any of that £20.
If you want you can withdraw your £20 and winnings upon completing the offer.
If you have to deposit and do any wagering of your own money at all, then that is not a risk-free offer and not what I’m talking about here.
July Free Spins
- Sporting Bet x 140 free (from daily prize spin giveaway, 7 times I hit “Deposit £20 get 20 free spins”
- Sporting Bet 5 free spins (from daily offer)
- Bwin x 120 free (from daily spin & then flip giveaway, 6 times I hit “Deposit £20 get 20 free spins”
- Bwin 15 free spins (5 from daily offer & 10 from another)
- Guts 300 free spins (from 2 offers goals won spins, I hot the max 150 for both offers).
- Guts 30 free spins (Deposit £10 get 10 free spins)
- Matchbook 20 free spins (twice given x10 free spins with x 1 wagering)
- Guts 10 free spins (texted offer)
- William Hill 5 free spins
- Paddy Power 10 free spins
- Betfair Casino 5 free spins
- Toals 10 free spins
Total Free Spins in July 670
As well as free spins there are also many other various types of risk-free offers. For example 15 seconds of free spins, a £5 bonus with x 1 wagering, or simply winning a small cash prize on the daily prize options at Bwin.
Example of biggest wins.
Betfair Casino 5 spins and on the 4th spin, I hit a nice bonus round winning £26.24.
Sporting Bet, deposit £20 get 20 free spins, won £9.04
All the little wins add up and take very little time to complete.
I find the vast majority of risk-free free spins on the Profit Accumulator Reloads page and the “Free Spins Thread No Chat/No Questions” forum thread which you can set to “Watch” so you see free spins posted by members.
July Savvy Savings
My main saving this month was finding the Cheapest Breakdown cover. Have a read and see the simple strategy I’ll typically use every year to get the lowest price possible. Like most auto-renewing bills, if you don’t switch the company will increase the price, sometimes quite significantly.
If you are paying above the below amounts for car breakdown cover (not personal), you are probably overpaying
- Basic cover £35 (minus £11 cashback) £24
- Full cover (home start etc) £50-£99+ (after cashback)
Some great cashback deals can be had from Topcashback which really slash the cost. Plus you can expect to get a new sign up deal every year.
Blog Progress
July was a record month for blog traffic, albeit only just.
I still consider myself in the learning stage of blogging, so I’m just glad it’s moving in the right direction.
Blogging is often touted as a way of making money. It certainly has the potential, but it takes a lot of work and there is so much to learn.
For example, if you are new to working on a blog you’ll need to learn:
- WordPress
- Multiple Plugins
- Blog Structure
- How to create images with Canva (for your posts and Pinterest)
- SEO
- How to utilize each social media platform
Plus much more. In fact, you could probably spend a year learning how to blog before actually starting. Although, it’s perfectly possible to learn as you go, and hopefully at some point, I’ll really get into the flow.
The key is to keep learning and keep going. That’s my plan anyway.
Past Income Reports
Every month I earn money a little differently, even within Matched Betting itself, but also via other means. Here you can have a quick scan read through some of my past income and savvy savings reports for ideas on how you can do the same.
- June Income and Savvy Savings £1464.30 + Savvy Savings of £47.50
- May Income and Savings Report £369.87 + Savvy Savings of £41.20
- April 2018 – Aimed to Quickly Earn £100 a Week £469.79
- March 2018 Income Report £717.44 (includes 20 Cogs)
- February 2018 Extra Cash of £606.51
- January 2018 Side Income of £347.6
- December 2017 Income Report of £352.26
- November 2017 Extra Income of £523.07
Conclusion
Yet again, Matched Betting has shown what a lucrative and quick source of extra money it can be.
You can earn while learning and there’s no need for any official record keeping for accounts or tax. No shipping goods or dealing with customers. You can have a go at it at literally any time of day, even if it’s checking out the day’s free spins.
Any questions or comments, please ask them below or feel free to contact me (and follow) by any social media channel.
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