It seems that we sparked a little bit of excitement when we posted our review of Profit Accumulator…
Many people have been in touch with us to say thanks for our uniquely blunt, honest approach and for finally giving them some criticism (and they’ve even threatened us for doing so!).
Because of this, we thought it was only fair to review their biggest competitor…
In this Oddsmonkey review you will find zero bullsh**; only honest facts in order to help you make an informed opinion on the best matched betting site for you.
There are fake review sites out there, spreading incorrect statements simply to earn money.
You can always trust that we’re real people that really use these products on a daily basis.
So, with that in mind, do you want to hear our honest review of Oddsmonkey?
Find out how we review the service, and how we made £1,403.50 (with photo evidence!) on just one risk-free offer in this post.
Table of Contents
Matched betting isn’t a new concept.
In fact, it has been around on the fringes of mainstream exposure a few years before Oddsmonkey really started to make a huge impact.
However, they’re certainly causing a lot of disturbance in the industry right now.
Originally providing their oddsmatcher software to other matched betting sites, the company decided in April 2016 that they wanted to offer a complete matched betting service.
Not only this…
They wanted to do it better than anyone else.
Their aim was to provide the best value for their customers; offering a range of tools that were unique to the site and including them all for free with subscriptions.
Many matched betting sites charge significant extra fees for additional products that assist with matched betting.
Oddsmonkey’s total costs are an extremely competitive £15 per month or £150 per year.
This is much cheaper as an ‘all-in’ package than their two main competitors of Profit Accumulator and Profit Maximiser.
At the time of writing this, the company also have the largest selection of sign-up offers on their site at 59 different bookmakers.
This means that new users will have the largest amount of quick and easy profit to make.
All tools and offered are included in each version of their premium membership.
|Free Trial Available||Yes, via this link|
|Money Back Guarantee||30 days|
|First Month Profit||£1,760|
|First Year Profit||£28,393|
|Forum||Thriving: fun & helpful|
How Does Oddsmonkey Work?
Oddsmonkey are a matched betting service that post bookmaker offers online every single day – collating each and every offer from over 100 different bookies.
Not only do they publish offers, but they post the exact method to guarantee a profit on almost every single one of them – meaning every member makes a profit week in, week out.
Many people, including ourselves, make four figure profits comfortably every single month by using their service.
They have several tools that we have reviewed below in more detail:
Tools & Services
As previously stated, the tools below are developed in-house by developers at the company – and they’re all included in their premium membership as standard:
Tutorials & Training
In terms of beginner training, you’ll be taken through the entire matched betting process from start to finish.
This includes videos and written guides to help you complete your very first offer, right through to completing more complex, high-earning offers.
Even the most simple offers can earn you a few hundred quid to complete, so they’re well worth doing.
You can actually earn a guaranteed £45 profit during their free trial, with no risk or any obligations to continue.
The oddsmatcher was the original Oddsmonkey product – the thing that kept many matched betting sites running smoothly…
It really threw a spanner in the works when they decided to start their own matched betting service.
Sites like Profit Accumulator didn’t really know what to do with themselves – they cancelled their partnership with OM and rushed out their own oddsmatcher with less features as a result.
Oddsmonkey’s oddsmatcher is best odds searcher there is in our opinion – it will find every bet you need to place to complete any type of basic offer.
One thing we’re regularly asked is “how do you know which games to bet on?”
We don’t – we just bet on what the oddsmatcher tells us to!
Matched Betting Calculator
On the site is a simple betting calculator which tells you the exact stake to bet once you have entered the odds into it.
The calculator will inform you of how much profit you will make regardless of the outcome of the event.
The oddsmatcher and the calculator is all most people need when first introduced to matched betting, and the two tools alone can earn you over £1,000 in profit.
Horse Racing Matcher
Lots of matched betting reload offers (these are offers that you start after you’ve completed the sign-up bonuses) take place on horse races.
Because there are so many horse races each day, it can be easy to lose track of which races have offers on them and which don’t.
The horse racing matcher was designed to filter out any race that didn’t have an offer on them, and filters out all of the bookmakers that aren’t running promotions on each race too.
This means you can find horse racing matches with ease – and this is where the real money is.
Each Way Matcher
Sticking with the same sport, Oddsmonkey also have an ‘extra place’ horse racing oddsmatcher.
This tool is without a doubt the biggest benefit of a subscription with the company.
‘Extra place’ races are when bookmakers offer you 5 places each way instead of 4. Sometimes, they’ll be more generous and offer you 6, or 7, or maybe even 8 places on events like the Grand National.
With matched betting, you can hit a huge payout on these races for minimal risk, if your horse lands in the additional or ‘extra’ place.
Thanks to the each way matcher, you can cover the entire field of horses – or close to it – to guarantee that a horse of yours lands in an additional place.
Additional places are often worth hundreds of pounds in profit each time one lands, and without this tool it can be extremely difficult to cover more than a couple of horses at most.
Each way races aren’t for matched betting newcomers, and come once you are fully comfortable with the matched betting process – probably one or two months after you start up and have built your bankroll to a good level.
We now have an each way place odds calculator here on GTMB to help you with these races.
Extra Place Matcher
In June 2017, Oddsmonkey introduced the Extra Place Matcher to further improve the ease and efficiency of profiting from extra place races (my biggest earner!).
With this tool, you’re able to easily see the amount of profit you will win if your horse lands in the extra place, you’ll see your qualifying loss too, and my favourite part…
You can tick off every horse that you’ve already backed.
If you’ve already covered a horse, you can tick it off so that it no longer shows up in the Extra Place Matcher for that day.
This means the previous tool – The Each Way Matcher – is now better for picking up each-way arbs on gubbed accounts for guaranteed profit.
Would you like to make a profit on every single accumulator you ever place?
It sounds unbelievable – believe me when I say I’ve been told it isn’t possible on more than one occasion!
However, with the acca matcher, you have multiple ways to make immediate and long-term profits on your accumulators.
Like extra places, acca offers aren’t for newcomers to matched betting – they are something that comes once you are fully comfortable with matched betting, reload offers and extracting maximum value from your free bets.
With the acca matcher, you have the option to:
Lock in a small profit from the start…
Risk a small qualifying loss for a bigger profit along the way, or…
Use their +EV ‘no lay’ accas that actually will earn you money long-term, even though you are essentially ‘gambling’. We weren’t sure about their no-lays at first, but after placing around 500 of them, we are comfortably in profit and can back them up.
Locking in a profit from the start is the most common and popular form of accumulator betting on OM – who wouldn’t want to earn a profit from every accumulator they ever place?!
Their Acca Matcher is split into two parts; Acca Finder and Acca Builder.
Acca Finder is much more beginner-friendly, and will easily find you accumulators for you to place. All accumulators in this section will abide by bookmaker T&Cs, so it really makes the whole thing easy.
Acca Builder is the older version of the tool, but still my personal preference.
In Acca Builder, there is a greater onus on manually including matches that you want.
Whilst this is certainly less efficient, it helps to ensure you’ll have unique accumulators when compared to other people – meaning we’re less likely to be spotted by the bookies!
Dutching is similar to backing and laying, but instead of placing your back and lay bet, you instead place multiple back bets at different bookmakers.
The dutching software makes it incredibly easy to find two or three bookies with close odds to guarantee a profit or tiny qualifying loss when completing reload offers.
Casino & Bingo Offers
That’s right, you can even exploit casino and bingo offers!
Whilst Oddsmonkey tend to focus on the matched betting offers and give them much more of a push on the site, they do still have casino offers regularly posted.
They also offer an EV calculator which helps you to work out if a casino offer is profitable or not.
There are many risk-free and low-risk offers in this section. In fact…
Here’s a nice little win we had on a risk-free offer recently:
We praised the forum on PA for being thriving, but our Oddsmonkey forum review would have to be this: simple, efficient, effective.
They have loads of staff, moderators and helpful community members who post daily/weekly offers for everyone to jump on board with.
There is lots of social chatter too, although the primary focus for everyone is making money.
There is also the daily offer calendar meaning that if you’re in a rush, you can easily filter out the noise.
This means if you’re tight for time of an evening or weekend, you can quickly find the offers, place your bets and log out. Simple!
They also run free-to-enter competitions each month with real cash prizes.
We see some review sites claiming that other forums are busier on the sole basis that they have more members.
Old Trafford is the largest football stadium in the Premier League…it’s certainly not the noisiest!
In the real money making forum discussions – which we class as the daily football and horse racing offers – Oddsmonkey has had the been the most active (in terms of both total comments and unique commenters) compared to the largest competitor in the market on 26 of the 30 days that we checked.
It just goes to show that quality of members is more important than quantity of members – OM seem to be incredibly good at attracting the right type of customer; knowledgeable, helpful and engaged.
We don’t say this lightly…
Oddsmonkey give us the best customer service we’ve ever received from a company. Ever.
And this isn’t a one-off either, they regularly exceed our customer service expectations whenever we’re in contact with them.
Their email staff were so helpful, and when we had some initial fears we had a phone conversation that answered all of our questions.
We’ve never looked back since – and their service, along with their amazing value product, is what stands them apart from their competitors.
If you ever get stuck for any reason – whether that be with an offer, with your membership or anything else – they are more than willing to lend a hand.
There are absolutely thousands of Oddsmonkey success stories, but we decided to ask members of the site themselves what their own success story was.
We’ve cherry picked a few of the best ones to include here…
This guy managed to use the company to fund a business startup:
Keeping things closer to home, one forum member had managed to save £5,000 towards a house deposit:
There were plenty of stories from people that have bought cars, paid for holidays and weddings – and even some that have wasted a lot of money enjoying themselves too!
And there was a touching story which we’re sure will resonate with a number of readers, and it was a big hit with other forum users on the site:
We give Oddsmonkey a full 5 out of 5 stars, compared to the 2 out of 5 we awarded to their biggest competitor in our Profit Accumulator review.
We absolutely recommend the company for your matched betting, and can comfortably say that we believe they offer the best value premium matched betting membership in the entire industry, with significantly cheaper subscription fees than their biggest rivals.
Sign up for their free trial through this link and try them out for yourself.