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Edit: I was paid about £25-30 per audio hour working for Take Note (on the lower end of the scale as I had no prior experience, and wasn't doing legal or live transcribing). Better quality audio files would take around 3 hours to type per hour of audio, but it slipped to 4-5 hours if the quality was low and if people talked over each other too frequently. It was about 50:50 whether you'd get a good quality file or not, and you generally have around 24 hours from the point of being given the file to provide a transcript.
Yeah I agree that it's a high risk thing to do. I just think that it's a possible easy way to make money. I've made an effort to spread my risk and hedge my bets where I think that a game can go either way. It's certainly not for everyone but there is opportunity for profit. Instead of making one big bet, like your customer did, I like to make many small bets and then save some bank for in play betting to try to make up for any pre game bets that seem like they didn't go you way.
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