In the realm of sports betting, matched betting has gained popularity as a proven method to generate consistent profits with reduced risk. OddsMonkey.com is a leading platform that provides a comprehensive suite of tools and resources for matched betting enthusiasts.
OddsMonkey Review Summary
In this OddsMonkey review, we will explore the features, benefits, and limitations of OddsMonkey to help you decide if it’s the right matched betting service for you.
Let’s get into it…
Odds Matcher
You can find arbs and low qualifying losses easily.
Educational Content
It provides thorough & easy-to-understand training materials, guides & video tutorials.
User-Friendly
It’s easy to use the platform.
Forum
Plenty of users sharing tips and tricks. A great community!
Software
Easy to use calculators and spreadsheets for different offers.
Value
This platform offers the best value for money.
Pros
Limitations
Starts at £29.99/month
OddsMonkey Review: Pros & Cons
Pros of OddsMonkey:
Comprehensive Tools:
OddsMonkey offers a wide range of tools, including oddsmatching software, calculators, and a variety of betting calculators, making it easier for users to find profitable opportunities and maximize their earnings from matched betting.
Supportive Community:
OddsMonkey has an active and supportive community forum where users can exchange ideas, share experiences, and seek help from experienced members. The community aspect enhances learning and provides valuable insights into new promotions and offers.
Free Trial:
OddsMonkey offers a free trial period, allowing users to explore some of the features and tutorials before committing to a subscription. This enables individuals to determine if the platform meets their needs and preferences.
Customer Support:
The platform provides responsive customer support, assisting users with any questions or issues they encounter during their matched betting journey.
Cons of OddsMonkey:
Subscription Cost:
While OddsMonkey offers a free trial, access to the full suite of tools and resources requires a paid subscription. The cost might be a consideration for some users, especially those who are just starting and unsure about the long-term commitment to matched betting.
However, you should make way more than the subscription cost every month, as you can see from my betting profits.
Country Restrictions:
While OddsMonkey is accessible to users from various countries, some bookmaker promotions and offers may be limited to specific regions, which could limit the potential earnings for users outside those regions.
Bookmaker Account Closures:
Matched betting involves exploiting bookmaker offers, and although it is legal, bookmakers may sometimes close accounts of users they suspect of engaging in matched betting. While OddsMonkey provides guidance to mitigate this risk, it remains a possibility.
Reliance on Bookmakers:
Matched betting relies on bookmaker promotions and free bets, which are subject to change or withdrawal at any time. Users must continually adapt their strategies to keep up with the latest offers.
OddsMonkey Review: Features & Tools
1. Oddsmatcher: The Oddsmatcher tool scans hundreds of bookmakers and betting exchanges to find the best odds for your matched bets. It helps you identify suitable events, calculate the optimal stake, and maximise your potential profits.
2. Offer Calendar: The Offer Calendar provides a schedule of upcoming sporting events and associated promotions, such as free bets and enhanced odds. It helps you plan your matched betting activities in advance and ensures you never miss out on profitable opportunities.
3. Matched Betting Tutorials: OddsMonkey offers a comprehensive range of tutorials, guides, and video walkthroughs to help beginners understand the concept of matched betting and navigate through the process. These resources cater to individuals with varying levels of betting experience, making it accessible to all.
4. Advanced Tools: For more experienced matched bettors, OddsMonkey offers advanced tools such as the Each Way Matcher, Dutch Matcher, and Acca Matcher. These tools expand your matched betting capabilities, allowing you to explore additional betting strategies and maximise your potential profits.
5. Community & Support: OddsMonkey boasts a vibrant community forum where members can interact, share tips, and seek advice. The platform also offers prompt customer support, ensuring that your queries and concerns are addressed in a timely manner.
OddsMonkey Review: My Experience
I originally used Outplayed, when I first started matched betting. However, with the Smarkets 0% commission change in August 2023, I switched over to OddsMonkey, exclusively. This also meant that a lot of other forum users from Outplayed jumped ship.
I have enjoyed my experience with OddsMonkey since I switched. This post covers a lot of the features, benefits and limitations, along with my opinion on them all.
OddsMonkey Review: What is OddsMonkey?
OddsMonkey is a well-known and widely used online platform that specializes in matched betting. It provides users with a suite of tools, resources, and guidance to help them profit from bookmaker promotions and free bets.
The platform offers a variety of features, including oddsmatching software, calculators, step-by-step guides, and a supportive community forum. OddsMonkey is designed to cater to both beginners and experienced bettors, making it easier for anyone interested in matched betting to get started and maximize their earnings from this low-risk betting strategy.
OddsMonkey Review: Who is OddsMonkey for?
OddsMonkey is suitable for a wide range of individuals who are interested in matched betting and want to profit from bookmaker promotions and free bets. It caters to the following groups:
- Beginners: OddsMonkey is an excellent choice for beginners who are new to matched betting. The platform provides comprehensive training resources, step-by-step guides, and user-friendly tools to help novices understand the concepts and start their matched betting journey with confidence.
- Experienced Bettors: Even those with previous matched betting experience can benefit from OddsMonkey. The platform offers advanced features, sophisticated oddsmatching software, and access to a supportive community forum where seasoned bettors can discuss strategies and discover more profitable opportunities.
- Individuals Seeking Extra Income: OddsMonkey is suitable for anyone looking to generate an additional stream of income with minimal risk. Matched betting can be a flexible way to earn money in your spare time, allowing users to choose how much time they want to dedicate to the process.
- Those Interested in Low-Risk Betting: Matched betting is considered low-risk since it involves covering all possible outcomes of a bet. As a result, individuals who want to minimize the risk associated with traditional gambling may find OddsMonkey a suitable and lucrative alternative.
- Users in Countries Where Matched Betting Is Legal: OddsMonkey is accessible to users from various countries where matched betting is legal. However, it’s essential for potential users to ensure that matched betting is permitted in their jurisdiction before getting started.
Overall, OddsMonkey is an inclusive platform that accommodates a broad audience, from newcomers exploring matched betting for the first time to seasoned bettors seeking to enhance their profits through well-established techniques and tools.
OddsMonkey Review: What Are The Benefits?
Here’s a list of benefits that OddsMonkey provides for matched bettors:
Sign Up Offers
One of the main benefits of OddsMonkey is the sign up offers.
It gives you all bookmakers sign up offers. It shows you how to do the offer in a way that will show you how to get the most profit out of it – if this wasn’t already amazing, they also updated it regularly!
With each offer, there is also a forum for the community to discuss how they got on with the offer and can give any advice.
Reload offers
I don’t know about you, but I can’t be bothered to go through all of the offers bookies have on most of the time. So lucky for me, OddsMonkey do it for you on their website, which saves so much time!
Calculators & matchers
OddsMonkey have calculators for pretty much every strategy you could need, which is incredibly helpful to have. I’ve taken a screenshot of these to show you what it looks like…
They also have matchers which will help you find close odds for 2up offers and extra places.
OddsMonkey Review: How Much Does it Cost?
OddsMonkey offer both a monthly subscription and an annual subscription.
The cost of the monthly is £29.99 for the standard package and £49.99 for the premium subscription (this includes casino). They also offer an annual subscription, that allows you to save over £100 across the year.
I thought it would be useful to show you the exact details below:
I’d recommend that you try out the monthly subscription at first, just to see if you like the platform. Then if you do, I’d switch to the annual subscription to save yourself some ££
OddsMonkey Review: Alternative Platforms
Now, one thing I’m not is biased… So despite this being a OddsMonkey Review, I will give you some alternatives…
- Outplayed.com:
Outplayed is a popular matched betting platform that helps users make risk-free profits from bookmaker promotions and free bets. It provides a comprehensive range of tools, including oddsmatching software, calculators, and a vibrant community forum. The platform is known for its user-friendly interface and extensive training resources, making it suitable for both beginners and experienced bettors. - MatchedBets:
MatchedBets is another reputable matched betting service that assists users in taking advantage of bookmakers’ offers to secure consistent profits. The platform offers a variety of features such as a sophisticated odds comparison tool, step-by-step guides, and dedicated customer support. MatchedBets caters to a global audience and supports multiple currencies, making it accessible to users from various countries. - Matched Betting Blog:
Matchedbettingblog is a comprehensive and informative online platform dedicated to the world of matched betting. The blog offers a wealth of valuable information, tips, and strategies to help individuals make the most of matched betting opportunities. Through detailed tutorials and step-by-step guides, Matchedbettingblog simplifies the process, making it accessible to everyone interested in exploring this profitable betting technique. It’s a great option for both new and seasoned matched bettors.
OddsMonkey Review: Frequently Asked Questions
Conclusion – Is OddsMonkey Worth It?
So you’ve finished reading my OddsMonkey review and you know everything about OddsMonkey and can see it’s a comprehensive and user-friendly platform for matched betting, why not give it a go and maximise your matched betting earnings? I truly believe it will help you generate consistent profits. Speaking of profits, I’ve made over £150k of tax-free winnings from matched betting – you can see my betting reports here.
Want to compare this to a more advanced software that will skyrocket your betting income? Check out my review of BetBurger.
Happy Matched Betting!
This is my personal opinion, please do your own research – just because I love it, it doesn’t mean you will! But I hope you enjoyed my OddsMonkey Review anyway.