13 Online Money-Making Strategies that Work

Techniques that I’ve Used to Make Money Online

The aim here is to give you a concise overview of each strategy.

So that you can quickly find out which technique is best suited to your goals.

I’ve linked off to more detail articles and products that can help you get started.

The ‘passive’ income strategies are so-called because they have the capacity to earn you money without you being at your computer.

Conversely, the ‘active’ income strategies will stop earning you money if you don’t keep on taking action.

The ‘speculative’ strategies are not risk free.

I don’t advise that you attempt them unless you are prepared to lose money in the short term.

If you have any questions, message me here.

And I’ll be happy to help 🙂

Passive Income

Generate Recurring Income Hands-Free

Strategy #1: Affiliate Marketing

Affiliate marketing allows you to generate passive, recurring income by recommending the products of other companies to potential customers.

This can be done exclusively online.

You’ll either be paid per sale (CPA), on a recurring basis (rev. share), or both (hybrid).

Strictly speaking, I’d say that affiliate marketing is ‘semi-passive’.

Because whilst the income can be generated ‘hands-free’.

A lot of work is required initially.

 

How Much Money Can Be Made?

There’s no upper limit.

Affiliate marketing campaigns can be scaled out and combined.

This can result in 6 or 7 figure incomes.

 

Six Figure ClickBank Paycheck Examples

 

How Long Does it Take to Make Money?

Not much happens for the first 6-12 months.

It’s pretty much all work for no reward.

But after that, things can grow exponentially.

 

Who Should Do Affiliate Marketing?

Affiliate marketing is NOT a good option if you’re trying to make money quickly.

Content creation is a huge part of developing a successful online affiliate business.

Making affiliate marketing a great choice for those who enjoy writing and/or creating videos.

However, you can also get results from sending paid traffic to an email opt in form/sales page.

In all cases, a long-term mindset and strong work ethic is crucial for becoming a successful affiliate marketer.

 

What’s the Best Way to Get Started?

Start by reading my Beginner’s Guide to Affiliate Marketing.

This will show you how to get started in 5-steps.

Then set up your website using this guide.

(Having your own website can help you generate multiple streams of passive income through display ads, selling your own products, consulting, eCommerce, and much more).

Finally, complete this FREE training course to help you get started with affiliate marketing properly.

 

More Resources

 

Active Income

Trade Your Time for Money

Strategy #1: Basic Matched Betting

Matched betting allows you to cash out the online bookmakers’ free bets for a guaranteed profit.

Without gambling, taking big risks, cheating, or doing anything illegal.

Matched betting has been one of my top strategies for making money online since 2012.

Because it has the highest relative earnings per hour ratio that I’ve seen.

Eclipsing anything that paid surveys or click-work jobs can offer.

 

How Much Money Can Be Made?

‘Basic’ matched betting targets the online bookmakers’ ‘sign-up’ offers.

From which you can expect to earn around £500 – £1,000 pretty quickly.

 

How Long Does it Take to Make Money?

Once you’ve got the basic strategy nailed.

You can start making money immediately.

 

Who Should Do Matched Betting?

Matched betting is pretty much exclusive to the UK, Ireland, and some parts of Europe.

Although some folks claim to be making money from Australia and even South Africa with matched betting.

You’ll need to be over 18/of legal age to place bets in your jurisdiction.

Matched betting is very popular with students and stay at home parents.

Even though matched betting is not gambling.

I wouldn’t advise doing it if you have issues with gambling.

 

What’s the Best Way to Get Started?

Take a look at my Matched Betting Guide to get the gist of the process.

You can certainly do matched betting alone.

But experience has taught me that the best way to get results is to use a matched betting service.

As such, I advise that you take the FREE trial with OddsMonkey.

This will allow you to earn up to £45 and see if you like matched betting.

 

More Resources

Strategy #2: Advanced Matched Betting

‘Advanced’ matched betting focuses on cashing out the online bookmakers’ ‘ongoing’ free bets.

These free bets are potentially available on a daily basis.

Making them a source of regular profits.

 

How Much Money Can Be Made?

£100 – £500 each month is a reasonable estimate.

The exact figure will depend on how much time you put in and the value of the offers available.

 

Who Should Do Advanced Matched Betting?

Advanced matched betting should be attempted once you’ve cashed out most of the bookmakers’ initial offers.

This will give you a decent bankroll of at least £500 to work with.

And educate you in the basic skills that you can then build on.

 

What’s the Easiest Way to Get Started?

Upgrade to OddsMonkey’s Premium Membership.

This will provide you with all the training and tools that you’ll need.

 

More Resources

 

Strategy #3: Accumulator Matched Betting

This is an advanced form of matched betting that makes low-risk profits from the bookmakers’ accumulator insurance offers.

Accumulator matched betting is only worth doing when the major football season is on.

This isn’t really a high-profit strategy anymore.

Instead, accumulator matched betting is best used to boost your ongoing profits here and there.

Learn how to get started in my Accumulator Matched Betting Guide.

 

Strategy #4: Each-Way Arbitrage Betting

Each-way arbitrage betting is like matched betting but without the free bets.

You make money by exploiting the bookmakers’ pricing mistakes.

Each-way arbitrage betting is low-risk.

You can expect to earn around £1 – £10 per race on average.

Each-way arbitrage betting is best suited to advanced matched bettors looking to work around account restrictions.

You can learn more in my Each-Way Arbitrage Betting Guide.

But to actually get results?

You should use the Each Way Matcher that comes with your OddsMonkey membership. 

 

Strategy #5: Ante-Post Arbitrage Betting

This strategy isn’t 100% risk-free.

But if you use the right software – it’s pretty low risk.

Basically, you back a horse in the evening with the bookmaker.

And then ‘hedge’ your bet for a profit the next day when the price has dropped.

This is an advanced strategy that’s best suited to matched bettors who are working around account restrictions.

To find the bets, I use the Bookie Blowout Software.

 

Strategy #6: Win-Market Arbitrage Betting

This is probably the fastest way to make money online that I’ve ever used.

The downside is that you’ll get your bookmaker accounts restricted pretty quickly.

So, it should be used by advanced matched bettors looking to squeeze every last drop of profit from their ‘gubbed’ accounts.

The strategy is to back at a ‘high’ price with the bookmaker and immediately ‘hedge’ it on the betting exchange to ‘lock in’ a profit.

You can sometimes secure an ROI of 20% on your arbitrage bets.

That’s £20 in profit for every £100 in back bets placed.

Done correctly, win-market arbitrage betting is very low-risk.

Check out my Arbitrage Betting Guide to get started.

 

Strategy #7: Exploiting BOG Shifts

This is a low-risk strategy that requires a lot of patience.

You back every horse in the race and hope that the winner is paid out at a BOG (‘best odds guaranteed’) price.

Giving you a profit.

You’ll need to use the Golden Parachute Software to find the bets for you.

 

Strategy #8: Extra Places

Another low-risk strategy that requires a lot of patience to get results.

You back a horse ‘each-way’ in a race where the bookmaker is paying out on an ‘extra place’.

If the horse lands in this extra place.

You’ll get a double-payout.

This can be done on horse racing and golf.

Check out my Extra-Place Profit Guide to see an example.

 

Strategy #9: Each-Way Dutching

This advanced Dutching strategy requires you to place each-way bets on every horse in certain races.

This can result in a guaranteed variable profit.

The exact figure will depend on the final placement of the horses.

You’ll need the Dutching Bounty Software to find the bets for you.

Speculative Income

Non-Risk-Free Ways to Generate Long-Term Profits

Strategy #1: Casino Matched Betting

Casino ‘matched betting’ is a variable-risk strategy that turns over online casino bonuses for a long-term profit.

This is one of my most profitable strategies for making money online.

However, the fact that you can lose money makes it unsuitable for beginners.

 

How Much Money Can Be Made?

It’s difficult to specify an exact earning figure because there are so many variables at play.

However, I’ve managed to average more than £500 each month over an 11-month period:

 

Advantage Gambling Profit vs Expected Value Graph

 

Who Should Do Casino Matched Betting?

Personally, I think that this strategy should only be attempted once you’ve mastered the basic and advanced elements of matched betting.

And you’ll need to be comfortable taking risks in the short-term for long-term gains.

If you have a gambling problem – you should NOT get involved with this strategy.

 

What’s the Best Way to Get Started?

Take a look at my Casino Matched Betting Guide.

Where I’ve explained how to build your bankroll by taking a methodical approach to risk management.

 

More Resources

 

Strategy #2: Sports-Based Value Betting

This strategy is very high-risk.

To make money from value betting, you need to be able to spot the bookmakers’ mispriced selections.

This is incredibly hard to do consistently by yourself.

The shortcut?

To use a sports betting tipping service.

Check out my Guide to Making Money Using Sports Betting Tipping Services to get started.

 

More Resources

 

Strategy #3: Betfair Trading

Betfair trading is one of the most sought-after ways to make money online.

Because it has the capacity for long-term earnings – without the fear of bookmaker restrictions.

It’s also one of the hardest ways to make money online that I’ve tried.

Because you’ll need to put a lot of work into analysing the markets to gain an edge.

 

What’s the Best Way to Get Started?

Personally, I don’t think that there’s any real substitute for putting in the work required to find your own edge.

This could take years.

However, there are a few systems that I’ve used that can help you get started a bit quicker.

Including:

 

 

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