Introduction
Is it possible to become a matched betting millionaire? In this OddsMonkey review, we, provide an overview of the benefits and drawbacks of this matched betting software. OddsMonkey is a matched betting service that aims to simplify the matched betting process and make it accessible to beginners.
What Is OddsMonkey?
OddsMonkey is a UK-based matched betting service that provides all the necessary tools and support to make legal and tax-free money from bookmakers and betting exchanges. It was founded by Paul King in 2011 and is intended for the British sports betting market. However, it can also be used for betting markets in other countries.
Matched betting is a method of placing bets on every outcome of a match to ensure that you never lose. OddsMonkey offers tutorials, reloads, and other support services to help users be successful at matched betting. It is considered the number one matched betting service in the UK and provides users with access to bookmaker offers and promotions.
With OddsMonkey, users can take advantage of free bets and promotional offers given out by online bookmakers. The service covers all potential outcomes of a sporting event by placing more than one bet, ensuring that users make a profit regardless of the outcome.
Is OddsMonkey Legit?
According to OddsMonkey reviews on Trustpilot, the company is legitimate and not a scam. DotNetPages Limited is the company behind OddsMonkey, which is a private limited company registered with the company number 07711804.
OddsMonkey has an excellent rating on Trustpilot, with an average score of 4.7 out of 5.0. Overall, 95% of users rated OddsMonkey as great or excellent. While there are a few negative reviews, they mostly complain about the price.
Trustpilot is an independent consumer review platform that allows users to anonymously rate and review companies they have used. With over 150 million reviews, Trustpilot is a reliable source to understand the legitimacy and customer-friendliness of a company.
Overall, it appears that OddsMonkey is a legitimate company with a good reputation. However, it is important to note that there are risks involved with gambling and matched betting, and users should be aware of the potential risks and gubbed accounts.
How Much Does OddsMonkey Cost?
OddsMonkey offers two subscription plans: Premium and All Access. The Premium plan costs £29.99 per month, while the All Access plan costs £49.99 per month. Users who opt for an annual subscription can save money. The Premium plan costs £249.99 annually, which is equivalent to £20.83 per month. On the other hand, the All Access plan costs £349.99 annually, which is equivalent to £29.16 per month.
It is worth noting that the All Access plan offers additional features compared to the Premium plan. These features include casino sign-up offers, casino reload offers, casino software and tools, Each Way Pro, and BOG Matcher.
New users can get a free 30-day trial of OddsMonkey, which allows them to learn matched betting and earn up to £39.
OddsMonkey Premium vs All Access
New matched bettors are advised to start with the Premium plan. This plan provides access to all matched betting content and tools. It is recommended to learn sports betting and casino offers separately, and the All Access plan is not necessary for beginners.
After gaining experience with matched betting, users can decide whether they want to learn casino offers as well. If so, they can upgrade to the All Access plan to access the additional features.
How to Get an OddsMonkey Discount
If a user attempts to cancel their subscription, OddsMonkey offers a one-month subscription for £9.99. This offer may not be available to all users, but it is worth trying.
It is also recommended to sign up for the annual subscription instead of the monthly plan. Users can save 40% compared to the monthly plan and can make the money back in less than a month.
In conclusion, OddsMonkey offers two subscription plans with different pricing and features. New matched bettors are recommended to start with the Premium plan and later decide whether they want to learn casino offers as well. Users can save money by opting for the annual subscription and may be eligible for a discount when attempting to cancel their subscription.
What Tutorials and Training Does OddsMonkey Offer?
Training
OddsMonkey offers comprehensive training for matched bettors. The training section covers everything a matched bettor needs to know, including the process of matched betting, lay bets, lay bet outcomes, maths, and more. All guides are text-based, but the support team is available to help if needed. The team is responsive and patient, ensuring that users understand the instructions.
Free Tutorials
For beginners, OddsMonkey offers a helpful tutorial section labelled “Start.” The section includes seven written guides and video guides to clarify any difficult concepts. The tutorials are easy to understand and cover the basics of matched betting. Users can make their first profit quickly with these guides.
Overall, OddsMonkey’s tutorials and training are top-notch and effective. Users can learn the ins and outs of matched betting and make a profit with ease.
What Sign-up (New Account) Offers Does OddsMonkey Have?
OddsMonkey offers a comprehensive list of sign-up offers that come with detailed explanations. However, some matched bettors may find the number of offers overwhelming, as some are more complex or require more money in your exchange than others.
How Many Sign-up Offers Does OddsMonkey Have?
At the time of writing, OddsMonkey has 38 sports offers and 41 casino offers. These sign-up offers change often as bookmakers withdraw or make new offers. It is important to note that the potential profit from these offers is subject to change and depends on various factors such as minimum odds and wagering requirements.
OddsMonkey could improve by ranking offers according to their difficulty or profitability to help users navigate through the offers more easily.
Overall, OddsMonkey’s sign-up offers provide users with a great opportunity to earn profits through free bets, promotions, and bonuses. Additionally, OddsMonkey offers a free trial for users to test out their services before committing to a subscription.
What Daily (Reload) Offers Does OddsMonkey Have?
OddsMonkey offers a daily calendar where matched bettors can find reload offers without the need to search. However, the calendar may not be complete as bookmakers change their offers frequently. Thus, it is recommended to also check Facebook groups and OddsMonkey’s forum to ensure all offers are captured.
At the time of writing, OddsMonkey has 76 sports offers and 86 casino offers available as reload offers. These offers have a potential profit of £59.00 and £198.45, respectively. The offers cover a range of events, including football matches and horse racing.
Overall, OddsMonkey’s daily offer calendar is a helpful tool for matched bettors to quickly find reload offers. However, it is important to stay up-to-date with changing offers to maximize profits.
What Features Does OddsMonkey Offer?
Oddsmatcher
OddsMonkey’s Oddsmatcher tool is a key feature that helps users find close matches for maximum profit and save time. The tool allows users to create and save different filters, making it easy to find the best matches with a single click. Additionally, users can link Smarkets and Betfair to the Oddsmatcher, enabling them to lay bets from the OddsMonkey interface. This feature saves time and money as users do not have to navigate to the exchange and can avoid paying commission.
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Horse Racing Matchers
OddsMonkey’s Horse Racing Matchers are useful tools that help users find horses with close odds sorted by offer type. The racing matcher and the extra place matcher are the most popular matchers. The extra place matcher is particularly helpful as it allows users to place extra-place bets without having to do it manually.
Niche Matchers
OddsMonkey also offers some more niche matchers, including the 2up Matcher, Dutch Matcher, and Each-way Matcher. The 2up Matcher is a favourite offer of many seasoned matched bettors, while the Dutch Matcher becomes essential when completing tennis offers. The Each-way Matcher is also useful for arbing.
Accumulator (Acca) Finder
The Accumulator (Acca) Finder is a feature that helps users build their own accumulator. The tool finds suitable matches depending on the offer and allows users to update the calculator after each match to get the correct lay stake. The calculator has different modes, including No lay, Lay at the start, Lay sequential, and Lay sequential lock-in.
Manual Calculators
OddsMonkey offers 15 manual calculators, including the Standard, Sequential lay, Refund if places, Each-way extra places, Early payout, Dutch, Each way, Trigger bet, Unwanted lay, Risk-free equal profit, Win bonus, Expected value, Rule 4, Dead heat, Each way reverse, and Sporting index calculators. These calculators are very niche and are only needed for specific offers.
Profit Tracker
OddsMonkey’s built-in profit tracker records users’ bets and allows them to add new bets by clicking a button in the Oddsmatcher and most calculators. The Analysis section lets users examine their profits in detail, helping them identify areas they neglected and can make more from. The profit tracker is adequate and fit for its purpose, but there is room for improvement. Many matched bettors keep their own spreadsheets for more in-depth data analysis.
Overall, OddsMonkey offers a range of features that cater to the needs of matched bettors. From the Oddsmatcher to the Horse Racing Matchers, Niche Matchers, Accumulator (Acca) Finder, Manual Calculators, and Profit Tracker, OddsMonkey provides everything a matched bettor needs in one set monthly or annual fee.
What Is OddsMonkey’s Casino Section Like?
OddsMonkey has recently added a casino section to its platform, in response to Outplayed expanding its own casino section. The casino hub is divided into five sections, including sign-up and reload offers, guides, an expected-value calculator, a slots database, and a casino simulator.
The sign-up and reload offers section provides users with all the sign-up and reload offers from various casinos. The guides section offers comprehensive information on casino offers, enabling users to learn everything they need to know about casino offers.
The expected-value calculator is a powerful tool that allows users to calculate the value of casino offers. The Slots Database is another great feature that provides users with details about slot machines, including return-to-player (RTP) and variance. This feature enables users to find the best slot on a casino site without wasting time manually checking each one.
The Casino Simulator is a unique feature that allows users to practice completing casino offers without risking any real money. This feature is incredibly useful for users who are new to casino offers and want to gain experience before taking any risks.
It is important to note that casino offers come with risks, and users may lose money. However, the statistics are in their favour, and over time, users should make more than they lose. OddsMonkey’s casino section provides users with the tools and resources they need to take advantage of casino offers and maximise their profits.
What Is OddsMonkey’s Community Like?
OddsMonkey offers a forum where matched bettors can connect with each other. While some prefer Facebook groups for community discussion, the OddsMonkey forum has its benefits. The forum has two popular threads, the Price Boost No Chat and Casino Offers No Chat thread, where members post profitable price boosts and casino reloads. Price boosts are higher odds as part of bookmaker promotions, and they can result in quick and easy profits if found. These threads are free from conversations and have live notifications, which are essential as price boosts are short-lived. The OddsMonkey Community Forum is a great resource for students and anyone looking for a positive user experience.
Does OddsMonkey Offer Support?
OddsMonkey is known for providing excellent customer service and support. They offer various channels of support, including live chat and email, to ensure that customers can easily get help with any problem or question they may have.
One customer had a problem with a bookmaker changing the terms of a profitable offer overnight, and they had already placed their bets using the Win-bonus Calculator. OddsMonkey support staff provided them with a custom-made spreadsheet highlighting what to do. This level of service impressed the customer and saved them from a loss of £40.
Overall, OddsMonkey’s support is reliable and helpful, and customers can expect to receive prompt and effective assistance when needed.
OddsMonkey Review Summary
OddsMonkey is considered one of the best matched betting sites for beginners and experienced bettors alike. They offer comprehensive guides and tutorials, as well as a comprehensive list of new account and reload offers. Without OddsMonkey, matched betting would take a lot more time, and it is an excellent asset to your matched betting strategy. Many users have reported making substantial profits through their platform. Overall, OddsMonkey is a valuable tool for anyone looking to get into matched betting.
Anyone Ever Becoming a Millionaire from Betting on Sports
While there have been cases of people making millions from betting on sports, these cases are rare and often involve high-risk strategies such as gambling on long-shot bets or insider information. Matched betting, on the other hand, is a low-risk strategy that involves making small profits over time.
In summary, matched betting can be a reliable way to make money, but it requires patience, discipline, and effort. It is not a get-rich-quick scheme, and anyone claiming otherwise is likely making exaggerated or false claims. Beginners should start with bookmakers that offer sign-up bonuses and low-risk offers, and gradually build their bankroll over time.