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How to Make Good Money from Betting

Image courtesy of Mark Ou
Image courtesy of Mark Ou

Betting on sports results is often not seen as a good way to make an income. It is risky, you can lose and it may be something which many people are advised not to do. However, there are some ways that you can take advantage of offers made by betting companies that could mean that you could definitely advantage despite the risks.

Firstly, when you sign up to a new company, they often match any deposit that you make. This means that anything that you pay in, you get rewarded. Some will match the exact amount that you pay in and some will pay a percentage. It is wise to find the company that gives the best rewards to new customers. It is also important to make sure that you are new customer as existing customers will not benefit. Also some betting companies are owned by the same parent company and you may only be able to get rewarded once, so check the terms and conditions.

Once you have signed up and credited your account it is time to bet. If you bet on a football match, bet half your money on one team winning and half on another then you will definitely get some money back. As some of the money you have bet was given to you for free, then it is likely that you will benefit. Whatever the result, you will get some winnings and hopefully you will profit from this.

Another way to make even more money is to use a cashback site when you sign up to the company. Often you can get a lump sum back if you do this and this will add to the profit that you make from placing your bet. All you will have to do is to sign up with the site, if you have not done so already and search for the betting website you plan on using. Before signing up click through the link on the cashback site to go to the betting site and if it tracks properly you will be able to get some extra money as well.

Obviously you will need to make sure that you only use this technique when there is free money to play with or else they will be a high risk that you will lose money rather than make any. However, you may find that once you register with a site, you may find that you get offers every so often of matching deposits and this could make it worth you paying in some money and having another bet.

You will need to be careful if you think that you are the sort of person that might start gambling a lot as a result of winning some money back, then it could be a good idea to leave this alone. Thinking that it is a sustainable form of income is not right as well. You just need to take advantage of the offers for new members of the site and then stop or else you will end up losing, rather than gaianing money.




Rachel Henderson is a professional freelance writer from the UK. She writes on many subjects but specialises in personal finance. As well as contributing to various blogs and websites she has her own website tracking her own money making process and sells her books through

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