It’s estimated that 1% of all adult Australians will develop significant problems with online gambling, and up to 2% of Australians experience moderate risks that make them more vulnerable to problem gambling. It is also a huge problem in Australia, destroying tens of thousands of Australian lives each year (something I’ve witnessed this first hand in my family). Australians are actually the biggest gamblers in the world, and per capita our annual bill exceeds $1300 per person. Online gambling is an industry worth tens of billions of dollars in Australia every year. If you’ve ever had an issue with addiction or gambling, this side hustle is 100% not for you and you should give it a very wide berth.įor free and confidential support 24/7, call the Gambling Helpline on 1800 858 858 I think for the overwhelming majority of people, $500 per month and $20-$50 per hour is probably a pretty realistic figure for us to work on, with the higher rates occurring from bonus bets and increased odds promotions on weekends.īefore I go on, just a warning: matched betting involves gambling. Moving forward I expect to be able to make around $20-$50 per hour.

I have made about $700 (which is about $30 per hour) matched betting, thanks to free premium subscriptions to matched betting training sites as a result of this blog. Although, it is actually a little more complex than that and there are a few more steps, that is the overall gist. Matched bettors collect these free bets, and then go to a betting exchange where they can sell them for 70-80% of their face value.

Have you ever heard of matched betting? It keeps coming up in the FIRE community as a way to earn additional income, and is basically a technique that allows you to profit from online bookmakers’ (betting sites) loss-leading promotions, where bookmakers give away free bets in order to encourage punters to bet with them. Verdict: Matched betting is a legit way to earn on average between $20 to $50 per hour online, tax free. Can take up your weekends if you let it.Potential to become addicted to gambling.If not done correctly you will get banned (‘Gubbed’) from bookies.Easy to make costly mistakes by rushing.Your Money Or Your Life | Vicki Robin – Book Summary.

Rich Dad Poor Dad by Robert Kiyosaki – Book Review.

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