How to make money from your phone – who can do it?
There probably isn’t anybody in the world who wouldn’t like to make more money than they are already, but you might think that it is too hard to do or takes up too much time. While this may be true for some of the ways you can make money online, it’s not always the case, especially when it comes to making money from your phone.
The first reason for this is obvious: nearly everybody has a smartphone of some description that can load apps and connect to the internet, even if you are using the public Wi-Fi hotspot in the local coffee house. In addition, many of the betting apps for sports provide the same features as you would expect to find on the website.
Nowhere has this become more obvious than with sportsbook mobile apps and live betting sites. They give you access to a full range of sports and markets while you are on the move and give you greater flexibility to place wagers while the event is in progress. As our main focus is sports betting, we’ll use this as a starting point and see how these measure up to other methods of how to make money from your phone.
How to make money from your phone – what do you need?
As mentioned above, you’ve pretty much got what you really need to make money betting on sports. However, depending on which method you choose to pursue, you might also need equipment that makes your videos look more professional, or maybe some storage space if you happen to want to sell things online using your phone.
If you were especially looking for ways to make money from your phone legit, then there are no worries here as everything you see here is legit, but there will be some age restrictions you need to be aware of, such as with VIP betting sites, and always check that what you are doing is legal where you are.
How to make money from your phone – how much can you make?
There is unfortunately no easy answer to this one, as it will vary according to a number of different factors. Near the top of the list is the method you choose, but right at the top will be the amount of consistent time and effort you put into it. Other factors that will affect results are of course your own starting levels of ability and experience with the method, and like everything else, what you can invest as start-up cash.
Different ways to make money from your phone
Making money from your phone gives you plenty of options, and you may have arrived here today thinking that there might be too many options for you to make a level-headed decision. For that reason, we’ve put together a list of some of the ways you can make money from your phone.
Some are, like sports betting, quite low-key. However others, as you will see, are all about you. Because there is such a large range, some will appeal to you, and others won’t. So we’ve also gone through the pros and cons of each, so you know what to expect if you want to give it a go.
How to make money from your phone with sports betting
If you prefer total anonymity from the wider world, you can opt to make money through sports betting. This is not a random practice of hoping for the best but instead what this can involve is following a carefully planned strategy that is designed to ensure that over a period of time, you’ll win more than you lose. You can do this from your phone and all you need apart from the strategy to follow are the apps of the sportsbook ratings you’ll be using.
The better strategies involve something called positive EV betting. EV stands for expected value, and a positive EV occurs when you can potentially win more than you lose by placing the same bet over and over again. For example, you know that the betting odds of a coin toss are 50/50, so if you could stake $1 on heads and each time it came down heads you won $2, but if you staked $1 on tails, all you got was $1, then clearly the better bet is heads. Not all opportunities are this obvious, and you can find out more about this method elsewhere on this site.
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How to make money from your phone answering surveys
This is a quick and easy method that you could get started with today if you wanted. The basics are that you join a survey company, download their app, and fill in your details and preferences so you only get surveys relevant to you. Then depending on which company you use, you’ll either be messaged or a notification will appear on your phone that a survey is available. If you want to be involved, you just follow the link and answer the questions.
Many of the surveys you will answer will be academic studies by universities who want to know your views, although the data they collect is anonymous. The only drawbacks with this are that surveys are not constantly available, and they pay mostly only minimum wage or thereabouts. So, while this is a quick start option, it is also a very poorly paid use of your time compared to other methods.
How to make money from your phone by decluttering your house
There are now so many places online that you can sell your unwanted items, especially tech like your old phone. Depending on what you want to sell, whether it is tech, books, DVDs or Blu-Rays, there is a home for it and you can also find places that will pay the postage costs of getting it to them. Clearly, they are re-sellers who will make a massive mark-up on your items, so there is the alternative route of selling them yourself.
The obvious routes here are eBay and your local Facebook marketplace, and you could get a much better price here if you wanted. The obvious drawback is that this way is temporary, and unless you start sourcing replacement items from other sources like charity shops, this way of making money from your phone could be short-lived. It will, however, give you some start-up cash for another venture like sports betting.
How to make money from your phone by becoming a website tester
Like all of the other methods this takes little or no techie knowledge, as you are testing the website or app, not writing it. You simply download the software that records your activity on the screen while you are working for them, and they send you to various websites to perform certain tasks, and give them a running commentary of what you are doing and anything you do or don’t like. This is also recorded by the app and the information you give them is used by developers to make mobile responsive websites and apps more user friendly.
In case you were wondering, the app does not record what you are doing the rest of the time. This might sound very easy, and it is, and compared to filling in surveys is very well paid. However, tests are few and far between, so this would work better as part of a number of little side-gigs.
How to make money from your phone by selling your photographs
Something else that you could run alongside this is selling your own photographs. Smartphones have incredible cameras on them, and they can be used for much more than selfies and pictures of your dinner. By snapping anything you see that is interesting, you can upload them to a number of different websites who act as a marketplace for those photos, and typically take a 50% commission on sales, although listing them is free.
You can sell the same image multiple times, so once you have got this set up, it can work as a passive income for you, although you might want to top up your portfolio from time to time. The drawback here is that your photo is listed with literally millions of others, so sales might be a bit thin on the ground, which is why you might need to run this alongside one or more of the other methods you see listed here.
As well as sports betting new user promos, social media is a great source of income for those who use it to their advantage. By providing quality content to a niche audience using the right hashtags, you can build a following who acknowledge your authority on your chosen niche. This can mean you get paid to place or sell other people's products to your audience, or simply use them on camera.
You probably also know that you are competing with millions of others for a place in the spotlight, and that building an audience can take a long time. Also, you can’t have missed the fact there is an ugly side to all of this, with abuse and threats being commonplace for many who post regularly, so possibly one for only those who like the attention but also are quite thick-skinned.
Conclusion
After reading this guide, you’ll know that making money from your phone is nowhere as hard as you thought. You’ll also know that you don’t need to be any sort of technical genius to get started, and if you want, you have at least half a dozen different options open to you.
However, you will also know that some are much better than others, and some you can get started with straight away, whereas others might need storage space or lighting to get decent results. To find out more about the methods that take no more than your phone and a few apps, as well as needing no technical knowledge and meaning you don’t have to get involved with social media, check out the other guides here.
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How to make money from your phone FAQ
🙋 Where is the best place to find out how to make money from your phone?
You can quickly find that you can go from not knowing how to make money from your phone, to being overwhelmed by the number of choices you have. To sort out what is best for you, you’ll need our handy guide on how to make money from your phone, which will take you through those methods and show you the pros and cons of each.
🤔 Can I make money with just a regular smartphone?
The good thing about making money from your phone is that almost everyone has one, but they are not all the same and some are better than others. By checking out our free guide on how to make money from your phone, we’ll cover all the popular methods and let you know what you’ll need to do for each one.
❓Do you have to use social media to make money from your phone?
When you want to find out how to make money from your phone legit, many people will tell you that social media is the answer. However, this is not the only way you can make money using your phone, so if you don’t want to show your face on camera, check out our free guide which will show you what else is available.
💭 How much money can I make from my phone?
When you start finding out how to make money from your phone, this is the obvious question. The answer is not an easy one as it will one different for everybody. To find out what might be the best way for you, check out our free guide, which will cover many of the choices that you have open to you.
💰 Can I start making money from my phone today?
One of the advantages of making money with your phone is that you have almost everything you need in the palm of your hand already. To discover how to make money from your phone legit, check out our free guide, which includes information on methods you could start today.
