Profit Accumulator Review

Profit Accumulator Review 2017: Honest Review of Profit Accumulator

We get TONNES of requests for a Profit Accumulator review.

It might be the most popular request we get: people looking for an honest review of Profit Accumulator.

We completely understand why so many people ask for it. It can be really tough making decisions online with your money these days, especially when many people are worried that matched betting is a con.

There are plenty of other reviews out there, but as always on Guide to Matched Betting, we wanted to provide the most detailed, in-depth and trustworthy review possible for anyone wondering if Profit Accumulator ltd are any good.

 

Full Disclaimer:

Everything you read in this review is our genuine opinion and the opinion of many other former members that have helped contribute to this post. 

In the past we were affiliated with Profit Accumulator.

We breached our partnership agreement with Profit Accumulator in order to partner with Oddsmonkey in September 2016, even though every sale was worth significantly less to us. 

We made this decision because we will only promote a service we truly believe in.

We regularly update our reviews to reflect improvements or changes in services. This post is accurate up until the date we last updated it, which is shown below the post title.

 

General Overview of Profit Accumulator

There are hundreds of opportunities on Profit Accumulator every week for you to earn money, regardless of if you’re already signed up to bookmakers.

It doesn’t matter whether you’re an experienced matched bettor, or someone completely new to the idea with no clue what matched betting is.

Making money with the service is undeniable.

However, they aren’t the cheapest matched betting service around and they don’t provide as many tools as some competitors, but have recently reduced their total cost to £17.99 per month.

Prior to this, they charged £22.99 monthly, along with an additional £15.99 monthly fee for their additional tools.

If you compare that to OddsMonkey, their entire service has always costed £15-per-month and you get more tools with them – this has massively contributed to the site now being the more-commonly searched for site, despite only being launched in April 2016:

PA vs OM popularity
Search demand for Profit Accumulator (blue) and Oddsmonkey (red)

After a long period of backlash on sites such as ours and with semi-regular complaints on their forum too since the launch of cheaper alternatives, PA have now become price competitive again. Remember, they used to be our most-recommended service.

But are they also competitive on service and products?

We’ll explore that in more detail later in this post.

Note: We’ve now written up a separate Oddsmonkey review which includes an overview of all of their tools.

We often get people asking if there are any risks with Profit Accumulator, which there aren’t when it comes to matched betting the majority of the time.

Their service is usually absolutely fine.

ProfitAccumulator offer a full refund if you do not make your money back, so you are essentially freerolling the process. Note: you will almost certainly make your money back in just one or two days – it only takes a couple of sign-up offers before you’re in profit.

Personally, when I joined I signed up for a full year to the paid ‘Platinum’ package. My twelve month membership cost me £150 and I was in profit after just two days, despite not understanding a thing about matched betting before I joined.

However, times have changed and if I was to start matched betting today, I would not choose to subscribe with PA. Here’s why:

Oddsmonkey simply provide more matched betting tools for a lower price, and we’ve found their customer service to be absolutely incredible.

A good number of our favourite Profit Accumulator users (including multiple former top 10 forum contributers) have now moved to Oddsmonkey – you can find out why for yourself by signing up for their free trial through this link.

We frequently have people emailing us asking “are Profit Accumulator legit?” and “does Profit Accumulator work?” – yes, they’re absolutely legit, and yes, it works well. Simple enough, right?

They’re not fake and they’re not illegal – they’re completely genuine.

They make it easy to earn thousands of pounds every year tax-free and legally. We’ve explored the other areas of their service in greater detail below…

 

Products & Services

Profit Accumulator have a variety of services on offer, helping you with all areas of matched betting from horse racing to football accumulator refunds.

They are still more expensive than the majority of their main competition, something the owner told us they can do because they’re the “premier offering in the market“.

We’re not sure we’d agree with that, and if it were true then why would they need to lower the price to compete…

You wouldn’t see Apple dropping their prices by over 60%, would you?

Let’s scrutinise their products and services a little further:

 

Tutorials & Training Videos

In terms of basic training, they will guide you through the entire matched betting process extremely efficiently.

They have super simple beginner matched betting tutorials and well-produced videos that talk you through each and every offer step-by-step.

It’s incredibly hard to make a mistake when completing your offers because the tutorials take you through the whole process from start to finish; signing up, finding your bet, choosing which odds to go for, getting your free bet, choosing what you should place your free bet on, wagering or rollover requirements and more detail wherever necessary.

They write up a unique tutorial for each offer they put on their site – and these new betting offers go live every single day.

 

Matched Betting Calculator

One of the most off-putting things for beginners is wondering how much they need to bet on each outcome in order to make a profit.

Well, Profit Accumulator’s matched betting calculator is extremely simple to use – you just put your odds in from the bookmaker and betting exchange, put the stake of your bet or the free bet, and it will tell you exactly how much you need to lay off and what your profit will be – regardless of the outcome of the event you’re betting on!

The calculator doesn’t have the features that some other sites offer; they will typically advise you to use Trickybet for more advanced calculations that their product cannot offer. However, these features are available at some of their competitors.

 

Oddsmatcher

ProfitAccumulator have developed their own in-house odds search software. They used to use OddsMonkey’s product before deciding to cancel ties with the company – something we think they will now regret…

Unfortunately their new Oddsmatcher has less features and covers less markets.

The oddsmatching software does include a range of different markets within football and horse racing.

It is still useful, because instead of needing to manually find odds on bookmaker websites for you to place your bet on, you simply choose the bookmaker within the oddsmatcher and the odds you’re looking for – the odds that are recommended in each guide that you’re following.

This can be used even for arbitrage bets.

Within the oddsmatcher you’re able to click on the odds and place your bet without ever needing to put any real effort in – their calculator is even built in to the software and does the calculations for you right there and then.

Minimal effort, that’s what we like. There’s nothing wrong with being lazy!

 

Matched Betting Forum

One of the best things about the company is the amount of help you get on their forum.

Because they’re currently the biggest matched betting site around, their matched betting forum is packed with other matched bettors at all levels of experience, moderators and Profit Accumulator staff willing to help with offers.

Not only are they willing to help, but members are also constantly sharing new tips, notifying others of great odds in certain markets and generally being all-round useful people.

The sad thing for us is that we used to prefer it so much more when they didn’t have real competition.

Everyone used to really get involved in help and discussion 24/7, with jokes flying around as everyone made huge sums of profit.

However, some of our favourite useful forum members have moved to Oddsmonkey, meaning we now prefer the insight that is shared on their forum instead.

There is also talk of gambling on PA to a degree we personally believe is excessive, even within non-gambling related threads.

Whilst moderators do try to stay on top of it, there does appear to be a heavy volume of forum users regularly recommending the taking of poor odds matches and even a lot of outright gambles – we don’t believe that’s what matched betting should be about.

There is also a real issue with gloating about big stakes which we think is actually detrimental to users and the matched betting industry as a whole.

We don’t believe things like that are a good example to be setting to beginners, especially when newcomers can often be downhearted by achieving smaller profits. We personally believe that any profit is a great result!

If everyone starts piling on with huge stakes because they see one or a few users bragging about how big they bet and how much they won, we’re going to see fewer offers released and many more accounts being shut down.

If you discuss other products or services on their forum, your comment will likely be removed and you will be warned – or even potentially banned. The mention of competitor names also gets automatically censored.

Oddsmonkey allow us to link to any company, and allow users to talk about any company on their forum – including their competitors – because they believe in giving readers (that’s you!) a fair opportunity to make their own judgements.

That’s why you’ll also find links to the likes of Profit Maximiser, MatchedBets and Profit Squad on our site, who all also believe in giving users a fair chance at making their own decisions.

As competition has grown more fierce, PA have sometimes resorted to over-zealous forum moderation as they deal with the mounting pressure.

This is something that their new Commercial Director has acknowledged and is looking to change by implementing rules for moderators and admins.

If we do feel they’ve improved in this area then we will reflect that in this review.

 

Support

As well as the forum moderators, Profit Accumulator’s support staff aren’t too bad.

They’re clued up on matched betting, but also provide good customer service whether you need to ask queries about their service or your membership via the phone or email.

The only issue we believe they have is that they truly believe that Profit Accumulator offer the best service out there, when we’re sure that many former users would disagree. Hopefully the new rules, if implemented effectively, will help to improve this.

 

Match Catcher

Launched around March 2016, the Profit Accumulator Match Catcher is one step ahead of their oddsmatcher – providing more up-to-date odds solely for horse racing special offers.

It updates in real-time, and specialises in finding odds on horses that are only featured in offer races.

On Saturdays and during big horse racing events like the Grand National and the Gold Cup, the Match Catcher can be a Godsend. It will save you hours of time every time you use it, helping to further improve your matched betting ROI in terms of both time and money.

 

Accumulator Software

Along with match catcher, this is another tool that will cost you an additional fee on top of your existing membership.

The ‘Acca Catcher’ will help you to complete accumulator offers with no fuss at all.

Accumulator offers are for slightly more experienced matched bettors (so don’t worry about them when first signing up!), and our acca catcher review would be that it really is useful for completing accumulators and also staying on top of them.

We just only wish it was included with the monthly fee like their competitors offer.

 

Offers

Many people are under the massively wrong impression that matched betting is only good for sign-up offers, and once you’re signed up to bookmakers you can no longer make any profit. This is completely WRONG!

Even if you already have a Coral account, or a Bet365 account, or any other bookmaker account for that matter, you can still make a great deal of money every month from matched betting.

This is because of one main thing: reload offers.

These are the offers you can take part in when you’re already signed up to a bookmaker. We’re not talking about having multiple betting accounts here, it’s much more simple than that.

Reload offers are where the real money is – consistent returns, month after month.

Profit Accumulator list all of the day’s or week’s offers all in one place – on their Platinum forum. This makes it easy to work your way through them on a daily basis.

In addition to reload offers, there are also a range of other enjoyable and extremely profitable offers to complete, such as casino offers and bingo offers. Yes, that’s right, they’ll teach you how to exploit Bingo offers and profit from them!

 

Comparison vs. Competitors

Profit Accumulator are the biggest matched betting site there is in terms of active users, and when you become so successful, you’re going to have people rising and trying to challenge you for the throne. It’s only natural.

The current match-ups for the title of ‘Best Matched Betting Site’ are the likes of Profit Accumulator vs. Oddsmonkey (OM), or Profit Accumulator vs. Profit Maximiser (PM).

But how do they compare when it comes to the quantity of things you get for your money?

Their support is good and their forum is busy. This can also be said for their competitors.

However, OM have more tools for matched betting purposes such as their Eachway Matcher, and PM have more tools for making the most of casino offers – especially their more accurate EV calculations for slot machines.

We also prefer the tools from Oddsmonkey to those at Profit Accumulator for making long-term profits.

Aside from paid competitors, many people are also on the lookout for free matched betting sites and free Profit Accumulator alternatives.

Free matched betting sites are fine, if you want to earn £200-a-month profit. And some people do, that’s cool, we get it.

But for those that want to make ten times that amount, up to £2,000 a month profit, you have to invest just a tiny percentage of that in a site that will do all of the hard work for you.

ALSO READ: we now have a full comparison of the best paid and free matched betting sites.

If you don’t want to read that full breakdown, it explains why we choose Oddsmonkey as our most recommend matched betting company and why we chose Profit Maximiser for casino offers.

 

Success Stories

There are thousands upon thousands of Profit Accumulator success stories, and these are shouted about in the various clubs they have on their forum.

They have a £1k profit club, a £3k profit club, a £10k, a £25k, a £50k and even a £100k profit club that has several members in – all from matched betting through the site!

As well as providing many, many success stories on a regular basis, these clubs also provide motivation for many other matched bettors.

There is also a thread on the forum for showing off things you’ve purchased with your matched betting profits – further enforcing the success stories that every single member of the site will replicate.

 

Profit Accumulator Subreddit

There isn’t a section on Reddit for Profit Accumulator, but we do have our own matched betting subreddit – you can join us on there at r/GuidetoMatchedBetting.

 

Conclusion

All-in-all, Profit Accumulator is a good site. That advice comes to you from us – experienced matched bettors that have been doing this for a long time.

This is why we personally would recommend opting for Oddsmonkey for your sports-related matched betting, or Profit Maximiser if you think you’d prefer to invest your time in casino offers.

Note: We’ve upgraded PA’s rating from 2-stars to 3-stars due to their new pricing structure.

Review Summary
First Reviewed
Reviewed Item
Profit Accumulator
Our Rating
31star1star1stargraygray

15 thoughts on “Profit Accumulator Review 2017: Honest Review of Profit Accumulator

  1. Hi, this is very interesting read but I have one question. If all these companies do well at match betting and bring in lots of money from the bookies why are the bookies allowing this to happen? They are losing profits surely and would like to see these sites closed down?

    1. The bookies don’t allow it to happen! It’s all about being smart. It’s such a small % of their revenue that is affected that it’s easy to go under the radar. Check out our posts on mug betting and also on being gubbed by bookies for extra info on this.

    2. The bookies aren’t really that bothered. At the end of the day, you are still depositing money in their accounts and betting and more often than not losing to them (even if you are balancing out a betting exchange). They don’t really care as long as there’s money coming in and you’re losing more than you are visibly winning. As long as you don’t make it blatantly obvious what you are doing you can do it for as long as you like.

  2. Hi
    Thanks for your awesome review of Profit Accumulator and odds monkey.
    My question is that does they work for People in Australia ?
    Thanks

    1. Matched betting works and the strategies that these sites teach would work, but the individual offers would not as they’re for UK-based bookies.

  3. Real difficult to trust this review when your article is padded with affiliate links to Oddsmonkey. What you write may or may not be true (I have no idea, and am trying to pick a service right now) but it’s difficult to take you on your word when you’re making cash off each click through.

    1. Fair enough, you’re entitled to your opinions but I’m fairly transparent about the links and also my past affiliation with PA within the disclaimer right at the start of the post. As stated in the disclaimer, I even sacrificed earnings with PA and sales with them are worth significantly more money. I don’t think you will find another site being more open and honest about these facts than we are.

      I choose to promote the best service for matched bettors, not the service that will make me the most money, and I don’t think I could be any more upfront about the affiliation.

      All I aim to do is help people make the best decision, and at this moment in time (in my opinion as an experienced matched bettor that gets to try out a wide range of services) that decision is OM for matched betting and Profit Maximiser for casino stuff. You can use this information to help make your own judgement and I hope you find the right one for you!

  4. Just coming to the end of my years membership with PA.
    I use the acca matcher at PA and would like to know is how the OM acca matcher is in comparison?
    I think the main thing I need to know really is that when PA puts an acca together, it selects teams that meet the criteria of the T&C’s for the relevant bookie, however it appears that with OM you have to be the person to check that the teams they select meet the T&C’s. If this is the case then it really defeats a bit of the objective which is to have something which make things easier and quicker to get offers done.

    1. The new OM acca tool that is due to be released before the end of March meets all of that criteria and they will still have the old version up too, meaning there’s a wider variety of options than anywhere else I think – happy to be corrected on that one as I can’t monitor the constantly growing number of sites there are out there!

  5. Hi thanks for the review its extremely helpful for someone with no experience of matched betting- I became aware of it through a profit squirrel advert on facebook. Also I appreciate the transparency regarding your affiliation with OM. My question is this; I have memberships with most online bookmakers within the UK, will this affect/cap my profit earning potential? For example, will an individual without memberships to any bookies make more profit than myself if we make the same bets at the same stakes as they will be receiving signing up offers from the bookmakers?

    1. Hi Riz,

      Thanks for stopping by!

      Having accounts with bookmakers will only stop the money coming in from the easy sign-up offers. It won’t affect your overall ability to make a decent amount of cash each month. I was already signed up with a significant amount of bookmakers (almost 20!) when I started doing this, so that goes to show how possible it still is :)

      If anything, it can be an advantage that you’ve already been a member and probably built up the profile of a mug bettor unintentionally!

      Best of luck, feel free to get in touch at any time if you need any further guidance.

  6. This is mostly out of date information now. PA is 17.99 and you get the match catcher and acca catcher in with the price.

    1. Thanks ‘Bob’.

      This post was updated on March 31st with the new prices, and you’ve commented on April 3rd to tell me they’re out of date…

      I assume you work at PA from your generic name and email combo, and the fact that you clearly knew what the review DID say prior to changes made quite some time before you commented.

      1. We don’t have a London office + your review is still out of date as we’ve included all the tools in the monthly price. Keep up lads …(and I do work for PA).

        1. Hi Jack,

          Thanks a lot for getting in touch.

          Apologies, it was the PA registered address in London, not your office. I understand this is just a registered address and not used for work purposes. I have removed that from my original comment now.

          We did change the review to reflect your new pricing structure on March 31st, the day you announced them. However, we must have missed that one line from the middle of the post that stated it was still an additional fee. It’s now been amended. An easy oversight when we’re just so busy trying to keep up!

          All the best,

          Luke

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