13 - Matched Betting with Nico

13 - Matched Betting with Nico

Have you ever heard of matched betting? It keeps coming up in the FIRE community, and I wanted to get to the bottom of it. Matched betting is basically a technique that allows you to profit from online gambling, by taking advantage of Bookmakers loss-leading promotions. It exists because bookmakers give away free bets in order to encourage punters to bet with them. 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. It is a bit more complex than that and there is a few more steps, but that is the general vibe. It is not a get rich quick scheme, it is certainly not passive income. Most people can realistically expect to make around $10 to $50 per hour once they get good at it (but you might even lose money over the first few weeks as you learn the ropes). Experienced matched betters using advanced techniques such as horse racing promotions may be able to get past the magical $100 per hour. However, there are a few catches that you need to be aware of. I go more into all of these in the show notes. So is it worth your time? In order to make a bit more sense of all this, Nico has jumped onboard to share his experiences with matched Betting

Avsnitt(66)

68 - Catching up to FI Takeover - FI Freedom Retreat Bali

68 - Catching up to FI Takeover - FI Freedom Retreat Bali

For Episode 68 of the Captain FI Podcast we are changing things up a bit and hosting a podcast Takeover! I co-host a LIVE episode of the Catching up to FI podcast with Jackie Cumings Koski, recorded d...

24 Dec 20251h 5min

67 - Michael Quan - Financially Alert

67 - Michael Quan - Financially Alert

On board today is Michael Quan, author of the book The FirePlanner, and the man behind the popular Financially Alert blog and the Breakthrough Millionaire Podcast. Michael reached FIRE in his early th...

14 Jan 20241h 10min

66 - Liz - Meet The Frugalwoods

66 - Liz - Meet The Frugalwoods

Today, I have the absolute pleasure to be chatting toLiz from her awesome blog and amazing book that she wrote, Meet the Frugal Woods! Anyone who's been on the Captain FI blog knows that I'm a big fan...

31 Dec 20231h 18min

65 - Phil Muscatello - Shares for Beginners

65 - Phil Muscatello - Shares for Beginners

On board today is Phil Muscatello, the host and producer of theawesome podcasts, Shares for Beginners, Stocks for Beginners, ETFs for Beginners and Talking Companies.Phil is not from a finance backgro...

17 Dec 20231h 10min

64 - Kristy Shen and Bryce Leung - Millennial Revolution

64 - Kristy Shen and Bryce Leung - Millennial Revolution

On board today is Kristy Shen and Bryce Leung from Canada, alsoknown from their popular blog, Millennial Revolution. Here's a quote from our guests, 'Money is the most important thing in the world'. M...

3 Dec 20231h 45min

63 - Louise Howard - The Executive

63 - Louise Howard - The Executive

On board today is Louise Howard, a Sydney-based executive who I met through the FIRE community. Louise is an incredibly talented, dedicated and successful person who has held executive roles in infras...

19 Nov 20231h 19min

62 - Dev Raga - Personal Finance Doctor

62 - Dev Raga - Personal Finance Doctor

On board today is Dev Raga, a practicing clinician from Melbourne with a passion for personalfinance. Dev is a fellow podcaster and currently hosts the MyMillennial Money Professional Podcast, which i...

5 Nov 20231h 30min

61 - Making Sense of Cents - Michelle

61 - Making Sense of Cents - Michelle

On board today is Michelle from Making Sense of Cents. Michellereached financial independence through her online businesses and has enjoyed living a variety of interesting lifestyles post FI, includin...

22 Okt 20231h 6min

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