Learn how to make money online with online side hustles and working from home gigs.
In recent times, technological innovations and developments have facilitated a wide range of new possibilities and opportunities, particularly in the online space. Nowadays, it has never been more feasible to potentially make money online in the UK, with the internet facilitating a plethora of different ways for people to generate side incomes without actually needing to leave their homes.
One common misconception is that making money online is limited to certain sectors and industries; however, more niches could now be taken advantage of if a suitable strategy or approach is taken.
Before you begin a side hustle online, though, there are still a handful of fundamentals that you should be aware of when learning how to make money online. For example, noting any particular skill sets or interests you may have may allow you to take advantage of these strengths by putting them into practice, like an online tuition side hustle.
After identifying these, you can start researching methods and platforms on which you could act as the basis for your business idea. Depending on whether you aim to sell a product or provide a service, finding the best place to do so is paramount. Additionally, the range of different platforms researched could aid in making a final decision, as one platform may stand out above the rest.
After selecting an idea and platform to house it, it is time to begin building your online presence. This is frequently something that is overlooked when making money online; however, as all of this is based on the internet, you need to be recognised in the first place before starting to receive any orders. Building this presence can be achieved in several different ways, whether through social media, advertisements, or a professional website. This is a vital step as it allows you to establish your online business and begin capitalising on any side hustle ideas you may have.
Once you have completed these initial steps to make money online, the next fundamental is to stay consistent and persistent. If you are starting out, the overall process may be relatively slow, which can be a little uninspiring. However, sticking with your idea whilst evolving and innovating in response to changes in your industry could see your online business begin to grow.
Something we have already touched upon is that there are now more ways than ever to make money online in the UK. One common question, though, is what are the best ways to make money online, with the answer simply coming down to personal preference. However, despite this, many options remain consistently popular. Recent years have seen methods such as affiliate marketing and social media management become increasingly predominant, with these two potentially intersecting due to user-generated content as a whole being a service in its own right.
Additionally, freelancing has gained popularity as a means of earning money online. This can primarily be attributed to the flexibility it offers people. Freelancing once again revolves around personal strengths and skills, and applying these to a viable service or product can help in becoming a freelancer.
Should technology be a strong suit of yours, there are a number of different options to make money online that could cater to the more tech-savvy people. For instance, e-commerce businesses and online dropshipping are just two of the most popular options for making money online in the UK. This can be attributed to the general growth of consumer culture, not just in the UK but worldwide. As a result, these have become potentially profitable side hustles, with the latter not actually requiring any additional inventory management or tasks around delivery and shipping.
Despite emphasising how a skillset can be leveraged to earn money online, this is not always the case. For example, simple tasks like selling clothes online have become easier than ever, thanks to platforms like Vinted and Depop, which allow you to potentially cash in on some old clothes that are no longer in use. Should time be a limit for you, though, there are other ways to make money online that aren't so time-consuming. For example, making money doing surveys and writing reviews is also an option, which can be done whenever you have some spare time.
Here are some of the best ways that you can make money online in the United Kingdom:
Matched Betting
Investing in the Stock Market
Selling Clothes
Selling Services on sites like Fiverr
Streaming on Twitch
Selling Photos
Writing Reviews
Referring a Friend Schemes
Completing Surveys
Selling On Etsy
With a wide variety of online money-making opportunities, individuals can leverage their unique skill sets in numerous ways.
If you’re looking for a reliable way to make money online, OddsMonkey is one of the best platforms to start with. We provide step-by-step guides and tutorials to help you earn a second income through betting offers. Whether you’re completely new or have some experience, there are three main ways you can profit: matched betting, value betting, and casino offers.
Matched betting is the most popular method and perfect for beginners. It works by utilising bookmaker free bets and promotions, covering all possible outcomes, which means you lock in a profit regardless of the result.
Example: If a bookmaker gives you a £20 free bet, you place £20 on Team A to win at the bookmaker and use OddsMonkey’s software to place a lay bet against Team A at a betting exchange. This locks in a profit, usually around £15–£18 from that single offer. By repeating this across multiple bookmakers, many members earn £300–£500 per month, even with just a few hours a week.
Value betting is a step up for those who want to capitalise on profitable odds without relying on free bet promotions. It involves betting when the bookmaker’s odds are higher than the true probability of the outcome.
Example: OddsMonkey might flag a football market where a bookie offers odds of 3.0, but the real probability suggests the odds should be closer to 2.5. Taking this bet means that, over time, these small “edges” add up to consistent profit.
Casino matched betting is a great way to further boost your profits. Casino offers include free spins, deposit matches, and cashback bonuses that you can play through strategically to minimise risk and secure long-term gains.
Example: You might get 50 free spins worth £0.10 each. Using OddsMonkey’s guides, you play through them optimally and turn these spins into guaranteed cash profit over time.
By combining these three strategies — matched betting, value betting, and casino offers — you can create a steady side income online with clear, repeatable steps.
When looking to earn money online, there are a couple of tips that you can use to make the most of side hustles. Whether this is advice on what to avoid or general guidance, there are several key factors to consider when it comes to side hustles and earning money online.
✅Be Organised - When setting up your side hustle, it is extremely important to be organised throughout the process. We recommend that you set up a dedicated email address that allows you to have all your necessary information in one place. For other documentation or work, create a specific folder where all of your important information is in one place.
✅Withdraw Cash From Third-Party Wallets - Some online sites will hold your funds in a third-party wallet, and the money can only be withdrawn when a threshold is met. Once the threshold is met, we recommend withdrawing the funds as soon as possible, as this avoids any potential complications in the future and ensures that your funds remain secure with you. Any issues with the third-party site could prevent you from withdrawing the funds.
✅Spend Gift Cards ASAP - When you begin to earn money online, sometimes there is a choice to be awarded cash or in the form of gift cards. It is always better to be paid in cash as this money will be transferred over, and you can spend it as you please. However, if you can only be paid in gift cards, we recommend spending them as quickly as possible to avoid them going out of date or the retailer going out of business.
Throughout this process of earning money online in the UK, there are a couple of pitfalls to avoid, which can ensure that your funds are protected. Here are some tips that can help you make the most of these online money-making techniques and ensure you maximise your side hustles when learning how to make money online.
❌Do Not Rush The Process - Throughout different side hustles, it can take time to earn enough to be able to withdraw your money, and if you give up, this means you did the tasks for free. Whilst it might not be quick cash, it is still a way to provide yourself with some exact funds or spending money, and by keeping your expectations in check, you can continue to build up enough funds to withdraw slowly.
❌Do Not Forget About Tax - This might not apply to all side hustlers, but if you earn more than £1,000 per tax year from your side hustle, then you will need to declare it to HMRC, regardless of whether you're self-employed or PAYE. The trading allowance means you do not need to report the first £1,000 you earn, but anything more will need to be reported.
At OddsMonkey, we provide in-depth breakdowns of various methods for making money online, as well as other ways to earn money in the UK. However, our main area of expertise is matched betting. Should this be a new concept to you, this is a strategy that covers all outcomes of a betting market, thanks to back and lay bets. By doing this, margins of profit can be locked in, with free bets being heavily utilised to achieve this.
Although matched betting is a viable way to earn money online in the UK, it remains something many are unfamiliar with and may find confusing. However, at OddsMonkey, we house everything from full video walkthroughs, step-by-step guides, dedicated calculators and tools, and even an expert matched betting blog, all of which could be utilised to learn this side hustle.
*DISCLAIMER: We’re legally required to state that there is no guarantee of specific results each month. The amount of money that you earn can vary dependant on the time and effort that you commit each month.
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