1. Forums
  2. General Chit-Chat

How do you introduce matched betting to your parents?

  • I live with my parents. I’ve created a separate account for matched betting but by law they must send a bank statement every year more or less. Even if I use paypal for matched betting I have to subscribe to the website with the calculators and guides for the offers.
    I use the one for italy. It would appear in my invoice therefore it would tell my parents clearly that I’m doing matched betting in a year. Should I tell about it right now or wait for some results?
    How should I introduce it? My father is quite rational, so if I explain it’s perfectly legal and risk-free money he should understand.
    My mother is not. She is quite paranoid about many things.
    I live with them and still economically depend on them so the issue have to be dealt with somehow.

    +1
    vandamme
    1
    June 11, 2018 at 12:19 pm

  • New to matched betting?

    My Matched Betting Academy is the best place to get started. Learning the fundamentals takes 10-15 minutes and you’ll make £15 in the process.

    Learning the fundamentals takes 10-15 minutes and you’ll make £15 in the process.

    map1984 0 July 12, 2018 at 11:01 am

    By law you have to send bank statements?? To whom??
    I think show them the theory, I see Matt has made 30k on his blog (congratulations!) and I’ve made a decent number (I’ve not added it up lately, about £4000-5000 in the last 2 and a half years), which I think is true of many people here. With matched betting you don’t lose, you don’t generally win big, but you don’t lose- so it’s not gambling. Let them know it’s mathematical, it’s not really any different to going to the local supermarket and seeing an incredible deal on Coffee where you get 2 for the price of 1 and selling them on ebay, in the same way, its a guaranteed profit- you invest a little and you get a little extra back.
    They should be proud they have a son who wants to make some cash, legally and using mathematical skill. My maths has improved no end over the last couple of years, so that’s a nice bonus!
    Be honest with them right from the start, hiding it makes it seem questionable!

    +0
    ben31988 1 April 1, 2019 at 11:10 am

    Have you told them yet?
    What did they say?

    I suggest to be absolutely honest, and show them stats, and that so many people are doing it. Show them the article from Guardian etc as backup.

    I told my gfriend, and she was (surprisingly!!!) ok with it. Well, I guess cause I pay for more stuff now, haha!

    +1
Viewing 2 replies - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.

Share this page

New Customer Offers

0% Commission for 60 Days

T&C's Guide

£20 Free Bet

T&C's Guide

£40 in Free Bets + 50 Free Spins

T&C's Guide

£20 in Free Bets

T&C's Guide

£30 in Free Bets

T&C's Guide

£30 Money Back if Bets Lose + 20 Free Spins

T&C's Guide

£20 in Free Bets

T&C's Guide

£20 in Free Bets

T&C's Guide
View all new customer offers