If you’re looking for an easy way to make money from home, matched betting may be the perfect opportunity for you. Matched betting allows you to take advantage of good things happening in the sporting world and use that to your advantage by placing bets on the outcome of sporting events.
While there are no guarantees when it comes to gambling, matched betting gives you a fighting chance at winning, and the potential to make a lot of money from simply following the odds and taking advantage of events that you know will happen.
The Science Of Matched Betting
When someone places a bet, there is usually a reason for it. Someone may bet on a team they support because they think they are more likely to win. Similarly, someone may bet on a game they know is going to end in a certain way. When an event occurs that matches someone’s expectations, they will usually bet on it.
This is where matched betting comes in. By taking advantage of this human tendency, it is possible to make money when there is an expectation of an event happening based on prior experience.
If you have a specific sport or game that you follow and frequently get odds and stats for, it may be a good idea to create a spreadsheet with all of this information. If you’re looking for an easy way to make money from home, you may find it simpler to just follow the odds and take advantage of what happens instead of trying to understand all the complex math behind winning.
The History Of Matched Betting
The concept of matched betting has been around for a while, with its origins in the early 1900s in the UK. The first football pools were created to enable people to take advantage of good and bad scores in football games. People could pick teams and players that they thought were going to do well and place small bets on the matches. When the games were over, those who had placed the winning bets would get their money back with some additional cash to bet on another game. This is how pools came to be.
This was then taken one step further in the UK in 1908, with the introduction of ‘bookmakers’, or betting shops. Previously, the only way to place a bet was to go to a bookmaker’s shop and do it in person. With the rise of the internet and the popularity of online bookmakers in the early 21st century, it made taking bets from home a possibility. Unfortunately, not all online bookmakers offer this service, so you’ll have to do a bit of research before committing to any one provider.
How To Place A Bet Using Google Sheets
To place a bet on a game using Google sheets, you will need to access the odds for that game from a betting website. To do this, you will need to know the score of the game and which teams are participating. Once you have this, you can follow the odds and place a bet on the game. If you’re looking to place a smart bet that takes advantage of good and bad games, you may find that Google Sheets is the perfect tool for you. Simply use the search bar at the top left to search for your desired odds comparison platform and input the score of the game in the appropriate cell in column H. Now all you need to do is enter your chosen wager in the adjacent cell and push the ‘submit’ button. Voila! You have placed a bet and are waiting for the results to come in.
The advantage of using a tool like Google Sheets is that should any of the data input into the spreadsheet change (i.e. the score of the game changes or a new team/player enters the competition), the spreadsheet will update itself automatically. This means you won’t have to worry about constantly checking the status of your bet each time the game’s score changes or a new entry is made.
Making Money From Matched Betting
The basic idea behind matched betting is to make money when there is an expectation of an event based on prior experience. This can be quite lucrative if you are skilled at identifying these situations and taking advantage of them. Depending on the size of the bets, you may be able to make a profit of several thousand dollars per month. More typically, you will make a small profit of around $100 to $200 per week.
To begin making money from matched betting, you will need to set up several different accounts with several different online betting exchanges that offer this service. Each account will require a different username and password, and you will need to ensure you keep records of these details. When getting started, it is advised to sign up with a reputable provider that has a good history of safe and efficient customer service. Setting up these accounts will only take a matter of minutes, and you will then be ready to start placing bets. Remember: this is not a get rich quick scheme – it will likely take you some time to learn how to make the most of this opportunity before you can generate significant earnings.
The Disadvantages Of Matched Betting
As with any form of gambling, there are disadvantages to betting with matched betting. The first is the need to have a reliable method of making money to risk the $1 you might place on a game. Second, and perhaps more importantly, is that the chances of winning are fairly low. This is mainly due to the fact that you aren’t guaranteed to win and, more often than not, you are going to lose money. Finally, and most importantly, is that there is a considerable amount of risk involved in betting. You are risking that the outcome of the game will not match your expectation, and there is no way of knowing if this will happen or not.
As with any form of gambling, there are risks involved. But, as with most things in life, these risks can be reduced should you be mindful and use common sense. If you decide to go down this route, make sure you have a good grasp of what you are getting into and that you enter into it with the right mindset. You may find it easier to just follow the odds and take advantage of games that you know are going to end in a certain way, but this may not be the easiest method to make a profit from.