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Updated: October 5, 2020

Comment How To Make Money Online

Foxy Michael – Matched Bettor

  • Foxy Michael

  • Matched Bettor
  • £31 – £42 per hour

How does Michael make money online?

Michael probably makes money online in several ways, but for the purposes of this profile I’m just focusing on the money he’s earned from Matched Betting.

As per OddsMonkey, “matched betting is a technique that allows you to make money from the free bets and deals offered by online bookmakers.”

Here’s an explainer video from the same company:

Note that matched betting is mainly a thing in the UK and Ireland, with some possibilities beyond. As far as I can tell, it’s not possible to earn money this way from the United States.

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How much money does Michael make?

Michael reports on his website that he earns an average of £540 per month doing matched betting:

He notes that he spends 3-4 hours per week doing matched betting, which works out to about 13-17 hours per month.

By my calculations, that means Michael earns £31 – £42 per hour doing matched betting.

It seems it is possible to earn more from matched betting if you spend more time at it.

For example:

Learn more about income claims and estimates on this website

Our goal at eBiz Facts is to give you accurate information about online business so you can gain clearer insights, make better decisions, and achieve your own success.

With that in mind, we strive to ensure the accuracy and transparency of the income claims and estimates that you see on this website.

Here’s how:

  • We treat all income claims we find online with skepticism.
  • We don’t report incomes that seem especially controversial or unrealistic.
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How did Michael get started?

According to what he wrote here, Michael started matched betting since 2016 and his earnings from it have been fairly steady since.

Tools he recommends:

What type of online business does Michael have?

It looks like Michael is making money online in a variety of ways.

But if we just take the matched betting aspect, then according to our framework this would fall into the Betting category, and we’d consider it a Level X online business.

Other ways to make money online

There are many other ways to make money online, to work from home or anywhere in the world.

About The Author
Niall Doherty – Founder and Lead Editor of eBiz Facts Born and raised in Ireland, Niall has been making a living from his laptop since quitting his office job in 2010. He's fond of basketball, once spent 44 months traveling around the world without flying, and has been featured in such publications as The Irish Times and Huffington Post. Read more...

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