Hi there my friend has spoke to me and said to make a bit extra money each week i could save a bit and start to do matched betting, read up about it and seems really good and can make profit from it every bet. Anymore info need on oddsmonkey reviews.
Just wondering if I opened a basic bank account and put some cash into it to get a bank roll started will I need to show this account at review stage of my iva or just my other 2 current accounts use at the moment.
You will have to account for any winnings and, if over £500 pay them into the IVA. Some will say that it would be impossible for your IP / creditors to find out and track, but things do have a nasty habit of coming out of the woodwork.
On a personal note, I think it is a bad idea: 1) it is addictive 2) You are, again, trying to complicate youir IVA rather than run with it and 3) If everyone running this system actually made money the bookies would stop offering it. Finally, if gambliing contributed to your debt in the first place, continuing to do so might cause the IVA to fail. or, at the very least, for you to be put under tougher scrutiny.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
I totally agree with Foggy - not a good idea and, if your IP finds out, your IVA could fail.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
I would also say - if it sounds too good to be true,it probably is.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
Wouldn't touch anything like that with a 10 foot barge pole personally and you need to be careful with your IVA.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
Doesn't matched betting take advantage of free bets offered normally as introductory bonuses? If so i don't see how it could provide long term profits.
Hopefully he hasn't done this as the thread is an old one. Ashbock has also just completed his IVA.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk