I’ve been doing the Each Way Horse Racing Betting, otherwise known as Each Way Arbing or Each Way Sniping (I’ll be calling it just “Sniping” from here on in for ease and it’s the one I like best) for about 4 months now and as I approach and break through the £10,000 in profit barrier I think it’s high time I wrote a little bit more about it. I don’t say this lightly but it is without doubt the best side hustle I’ve ever had the fortune to stumble upon (so far at least).
I’ve had a few questions in the comments after my monthly updates, so in future I can just point anyone to this resource rather than write up half assed replies with limited info!
Before we carry on I would like to emphasise my usual disclaimer:
Each Way Sniping is basically gambling, not matched betting. You could in theory lose every penny you “invest” into it. It’s highly unlikely of course but still worth knowing and really thinking about this fact before deciding this is for you or not. Further, there are big winning and losing swings from day to day and even week to week. If you can’t stick something out for at least 2 weeks with a potential big losing streak, this is not the side hustle for you.
I feel it’s worth underlining this point further with some real life numbers:
Between 21st and 22nd May I lost £1,013.98
Yep you read that right, that’s over a grand in two days! I am now at around £20 each way bets (total stake for each bet is £40) and I did do a few rather questionable multiple bets during these two days. Obviously it is not recommended to start with anything near these stakes, but even if you started off with one tenth of the stakes I am doing, i.e. £2 each way, you would have still lost £101.39 during this 2 day period, if you did the same bets as I did.
For an example of a slightly longer term losing streak between the 16th and 22nd May I was down £632. I hope these figures illustrate that you should start with a very small stake, and only increase once you are comfortable with both the process, losing streaks, and obviously once your bank has increased nicely.
Now with all that negative nancy stuff out the way, why do I like Each Way Sniping so much?
- It’s simple – All you have to do is put a bet on. No laying off, no checking off offer T&Cs like with “normal” matched betting
- It’s quick – Therefore you can dip in and out of it very quickly. If I have a quiet 5 minutes at work I can just fire off a few bets, likewise if I’m on the train or just watching TV in the evening.
- It’s lucrative – *Not so humble brag alert* Errrmmm did I mention I’ve made over £10K profit in 4 months? 😀
- It works on gubbed bookmaker accounts – All those accounts you’ve written off are now back in action making you money again (and probably more than you were making on the “offers” anyway!)
Before we go any further though, here is a quick primer on how to make money in general with gambling, which provides the basis on what sniping is and why it works.
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