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Jonas Gjelstad – Co-founder of Trademate

  • Jonas Gjelstad

  • Co-founder of Trademate
  • $54,000 monthly sports betting profit

How does Jonas make money online?

Jonas makes money online in several ways.


  • Betting on sports
    Jonas bets money on all kinds of sporting events.
  • Online poker
    Jonas plays poker online and offline.
  • Trademate
    A company Jonas co-founded that provides an analysis tool for bettors. “We calculate the true odds of a sports event and signal when the bookies make mistakes. Enabling you to exploit them.”

How much money does Jonas make?

In this August 2016 video, Jonas shows that he earned almost $1.3 million in profit from sports betting in a two-year period (Sep 2014 to Aug 2016):

That works out to an average of $54,000 per month for two years.

In an April 2020 video, Jonas shows that he earned about $200,000 profit playing poker online in a two-year period:

That works out to an average of $8,300 per month for two years.

It’s unknown how much Jonas earns as a co-founder of Trademate. The pricing for the service runs from €30 to €400 per month.

How did Jonas get started?

I pieced together Jonas’s origin story from these articles and the following video:


  • Jonas started betting at only 4 years of age, and would sometimes win as much as $400 betting as a kid.
  • He dropped out of school when he was 18, moved to Thailand and started playing poker online.
  • In only eight months in Thailand, Jonas earned about $150,000 playing poker.
  • He moved to London soon after and started focusing on sports betting. He would have been about 20 years old at this point.
  • He co-founded Trademate in 2014 with his friend Martin. Originally the company was called Edgebet.

What type of online business does Jonas have?

Jonas runs a multifaceted online business. 

According to our framework it can be broken down like this:

  • Esports (Level X)
    Jonas plays online poker professionally.
  • Betting (Level X)
    Jonas has earned quite a bit over the years betting on sports.
  • Cloud Service (Level 5)
    Trademate would be considered a SaaS business.

Follow the links above for more info and examples for each type of 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.

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