OddsMonkey Review

This OddsMonkey review post will look at everything a punter should know about matched betting with OddsMonkey, including:

• What is OddsMonkey
• OddsMonkey features
• How to use OddsMonkey
• Pros and cons of OddsMonkey
• OddsMonkey alternatives

What Is OddsMonkey

Founded by Paul King in 2001, OddsMonkey is one of the leading matched betting services websites in the UK betting market. It is a subscription-based platform that shows punters how to be profitable through matched betting with bookmaker offers. If the term is new to you, matched betting involves wagering on all the possible outcomes of a sports event to guarantee a profit. Punters usually do this by taking advantage of the free bet offers, bonuses, and promotions that bookmakers provide.

Interestingly, when OddsMonkey launched in 2011, it provided solely odds-matching software to other matched betting websites. But in 2016, the platform changed the game and launched its matched betting service platform.

So, who can find value in OddsMonkey? Anyone can maximize matched betting opportunities, including:

• Novice bettors looking to learn about and engage in matched betting
• Experienced matched bettors looking for tools and features for more efficient matched betting
• Any individual looking to create an additional stream of income from matched betting

OddsMonkey Login Step-by-Step

Most punters seek ways to create an additional income stream, which OddsMonkey offers through matched betting. The platform makes the signup process straightforward and seamless for new users.

Here is the step-by-step process for signup:

• Visit the new OddsMonkey online website at “OddsMonkey.com.”
• Click on the “Free Trial” button in the top right corner of the website page.
• You can choose to sign up with “Google,” “Facebook,” or “Email.”
• Enter the necessary details and signup.

After that, OddsMonkey will present you with the “Free” and “Premium” options. You can get started for free as a beginner or go straight to premium to enjoy unrestricted access to everything OddsMonkey offers.

The Login Steps

Once you have an active account with OddsMonkey, you can follow these steps to log in at any time:

• Visit OddsMonkey.com
• Click the “Sign in” button in the top right corner of the homepage
• Enter your email and password (alternatively, you can log in via “Google” or “Facebook” depending on how you signed up)
• Click the “Login” button.

How to Cancel OddsMonkey Subscription Step-by-Step 

Like many platforms, OddsMonkey works hard to ensure its users are always satisfied with their experience. But it also understands that its service might not be satisfactory to everyone and hence offers an out for punters. If you try OddsMonkey premium for a while and decide it is not for you, you can cancel your subscription by following these quick steps. To do that, go to your “Account Dashboard” and follow the instructions to end the subscription.

OddsMonkey Bookmakers List

One thing that differentiates this website from other OddsMonkey free alternative options is that it provides access to a wide range of bookmakers. It includes many of the most reputable and popular players in the sports betting industry, from sportsbooks to betting exchanges. OddsMonkey allows its users to compare odds and maximize matched betting opportunities and profit potential by providing access to a regularly updated list with a diverse selection of bookies.

Here are some of the most popular bookmakers we found on this platform during our OddsMonkey review.

• Skybet
• Bet365
• Coral
• William Hill
• Betfred
• Paddy Power
• Novibet
• Ladbrokes
• Betway 
• and many others

Bingo and Casino Offers

Most OddsMonkey reviews would not be complete without mentioning the non-matched betting element of the platform – the bingo and casino offers within the “Casino Hub.” OddsMonkey introduced this section in 2020 to exploit the signup bonuses and reload offers that gambling sites offer casino game players. The offers range from free spins on slot games to deposit match bonuses. Punters will find many different casinos offers at OddsMonkey, broadly categorized into four major types: risk-free, low-risk, medium-risk, and high-risk.

The casino hub features everything a casino enthusiast would need to get started making money from casino offers, including:

• Signup offers
• Reload offers
• Expected value calculator
• Slots database
• Training guides 
• etc.

While they are good and can be profitable, casino offers tend to be more risky than matched bet offers. With casino offers, you risk losing, making these offers more suited to advanced bettors.

OddsMonkey Features

The first thing that struck us as soon as we started our OddsMonkey review was the intuitive and user-friendly interface that the platform has. However, this is not as impressive as the collection of features we later found. From different odds matcher software to tutorials and guides, community forum, and much more, punters will find many features they can use at OddsMonkey.

Odds

One of the most distinctive features you will find at OddsMonkey is that the platform provides odds on a wide variety of sports. The Oddsmaker covers a wide range of sports for matched betting. It compares odds from bookmakers and betting exchanges to find the most favorable options.

Punters will find the best odds to enjoy matched betting offers in different scenarios. It includes:

• Horse racing
• Football
• Tennis
• Golf
• Basketball
• Rugby 
• and many others

Oddsmatcher Software

One of the best features of OddsMonkey that fully standout is the odds-matcher software. After all, this is the platform’s original matched betting software since 2010, aimed at making matched betting easy and accessible to every punter.

This software helps find and compare odds for suitably matched bets across hundreds of bookmakers and exchanges. While you can manually search for odds, the odds-matcher software saves you a lot of time and allows you to find and place more bets. It helps punters find the best opportunities to make profits through matched bets. The odds-matcher or OddsMonkey Odds search software is relatively easy to use, and it comes with filters that allow you to sort through the results by the bookie, betting exchange, sport, or market. On top of that, punters will also find an inbuilt calculator that shows the stake you should apply to each bet to maximize profit.

Horse Racing Matcher

The horse racing matcher is the tool OddsMonkey designed explicitly for horse race betting enthusiasts and is a superb piece of software. Horse racing events typically run all year round, which creates a unique opportunity for bettors to enjoy matched betting offers on racing.

This horse racing matcher at OddsMonkey compares the odds offered on multiple sportsbooks for horse racing events and helps bettors to spot the best options for the maximum profit in matched bets.

Each Way Matcher

The OddsMonkey each-way matcher is one of the more advanced tools at OddsMonkey that takes advantage of each-way bets. An each-way bet involves a single wager on one selection, usually a horse that allows punters to win if one of two outcomes occurs. If the horse wins or places (i.e., comes second, third, or fourth, depending on the bookmaker.

This matcher is an OddsMonkey arbing feature that creates opportunities for punters to lay off their each-way bet at betting exchanges to walk away with guaranteed profit regardless of the outcome.

Extra Place Matcher

Regarding horse racing events, punters usually take advantage of extra-place bets to improve their chances of winning. With these bets, your horse doesn’t have to cross the finish line first for you to win.

OddsMonkey created the Extra Place matcher to take advantage of these types of bets and the promotions bookmakers on them. The matcher creates a situation where you can back and lay a horse in an event and even win both bets if things pan out. This makes this matcher highly profitable for matched bettors.

However, note that this is an advanced tool and should only be used by experienced matched bettors.

Acca Matcher

Acca bets, or accumulators, are bets where you make multiple selections of outcomes or sports events. Due to its lower winning chances, most bookmakers offer bonuses for these bet types.

The Acca Matcher is a software introduced by OddsMonkey to help punters make profits from every accumulator bet. The matcher features an OddsMonkey Acca finder, which finds the best accumulator to bet on, and an OddsMonkey Acca builder, which allows punters to decide their bet preference personally.

Tutorials & Training

One of the best features of the OddsMonkey platform is undoubtedly the tutorials, guides, and training resources it provides. The platform boasts over 100 step-by-step training guides and video tutorials that help players fully understand what they are doing. You can even find some of these free OddsMonkey guides around the website before you signup for an account. You will get access to the complete tutorials and other training resources that go into more detail as soon as you signup and create an account, especially the premium membership account.

Betting Exchange Integration

Betting exchange integration is one of the most notable features you will find at OddsMonkey. The integration allows punters to connect with betting exchanges to “lay bet,” which is a fundamental part of matched betting. For example, if you want to engage in matched betting on a game between Manchester City and Chelsea. You can back the bet for Machester United to win at an online bookie and lay off the bet on an exchange (i.e., bet on them not winning).

Experienced matched bettors will no doubt agree that manually finding and calculating matched bets across hundreds of bets can be time-consuming, tedious, and prone to mistakes. The OddsMonkey betting exchange integration makes the process easier and more efficient. Punters can lay off bets automatically via OddsMonkey.

Interestingly, Betfair is the primary exchange integrated for OddsMonkey UK betting. Smarkets is another major exchange the platform often uses for matched betting integration.

Some of the other exchanges we found during our OddsMonkey review include the following:

• Matchbook
• Betconnect
• Betdaq

Matched Betting Calculators

Another great feature indispensable to punters on this platform is the OddsMonkey matched betting calculator options. OddsMonkey provides many different calculators that bettors use daily for their matched betting. These matched betting calculators do a series of complex maths behind the scenes to help calculate the right bets to wager, how much to stake, and the potential profit size.

With 18 different options available when writing this OddsMonkey review, the platform covers every situation a matched bettor could need to calculate. The best part is that many OddsMonkey guides and tutorials are available to show bettors how to use the calculators.

Some of the calculators here include:

• Standard calculator
• EV calculator
• Each way calculator
• Risk-free equal profit calculator
• Early payout calculator

Matched Betting Spreadsheets

Matched betting spreadsheets are another feature OddsMonkey’s bet service provides for players to control their matched betting activities. When you get fully into matched betting, it can be challenging to keep track of things as you will most likely be engaging hundreds of offers every month.

The OddsMonkey matched betting spreadsheets offer a more organized approach for users to track their bets, record profit, and monitor their overall progress. They help keep a record of your betting activities and also analyze profitability.

Oddsmonkey offers many types and variations of matched betting spreadsheets that you can use to your advantage.

Some of them include:

• Profit Tracking
• Ultimatcher
• Lay Multiple Outcomes
• Accumulator Lay All 
• etc.

Dutching Searcher

The Dutching searcher is another OddsMonkey arbing tool that helps punters implement a betting strategy called Dutching. Dutching differs from regular matched bets, where you can play back and lay bets. Instead, it involves placing three different bets on the outcome of a game on different bookmakers. You don’t even need an exchange. For example, in a football match, you can bet on the home team to win on bookie A, a draw on bookie B, and the away team on bookie C. It covers all possible outcomes in the game and guarantees a profit.

The OddsMonkey odds search finder for Dutching will scan the list of upcoming events and compare the available odds to find profitable options for Dutch bets. With this feature, you don’t need to spend hours manually looking for Dutch bets.

Profit Tracker

The Profit tracker is another handy tool punters can use to track their profitability at OddsMonkey. Due to the nature of matched betting, you will likely place more and more bets when using the convenient and seamless tools and software that OddsMonkey features. As a result, it can be easy to forget some bets when manually inputting your bet details on a spreadsheet. The in-built Profit Tracker on this platform helps prevent this.

Every time you use OddsMonkey’s tools and software, you can press “Log Bet” – this will automatically send the data to the Profit Tracker. You can then tick off the bets as complete once they finish.

Another upside is that with the Profit Tracker, punters can quickly determine where they are more profitable and what sports and offers best suit their matched betting activities.

Daily Offer Calendar 

The OddsMonkey signup offers for bookmakers are usually the starting point for matched betting on the platform. Bookmakers tend to offer many exclusive promotions to keep their users’ loyalty.

Naturally, it is difficult and time-consuming to manually search through different bookmakers to find the best options for matched betting. That’s where OddsMonkey comes in to help.

The best part is that OddsMonkey rates the available offers by their difficulty level, including “Easy,” “Average,” and “Advanced.” It lets punters quickly find the best offers based on their matched betting experience. You can also sort through the available daily offers by bookmaker name or start time.

OddsMonkey Forum

Another incredible feature that OddsMonkey boasts of is its excellent community forum. The forum offers a platform where punters can get in contact with like-minded matched betting enthusiasts of all knowledge and experience levels. It’s always better to interact with people who have been in your shoes to help steer you in the right direction.

With the OddsMonkey community forum, punters are free to ask questions, and the OddsMonkey staff and fellow members like you will suggest solutions. Plus, you also have the option to access the millions of existing posts on the forum to find the answers you need.

The only downside is that full access to this impressive forum is available for premium subscribers alone and is not accessible on the free version of OddsMonkey Premium. But punters also have the option to join the thriving OddsMonkey Facebook group, which already has over 11,000 members. It is another excellent place to meet and interact with other matched betting enthusiasts and get assistance.

Customer Support

When placing bets online, reliable customer support service is indispensable. As a leading platform in matched betting, OddsMonkey fully understands this and therefore tries to provide excellent customer service to its punters. The platform offers customer support via various channels, including an online contact form, email, direct live chat, and Facebook Messenger. You will also find an extensive “How can we Help” section with answers to many of the most common inquiries regarding matched betting, casino offers, subscriptions, etc.

The support service is open to OddsMonkey matched betting punters every day of the week from 9 am to 7 pm. But the direct live chat and Facebook Messenger open hours are from 9 am to 5:30 pm. During our review, we discovered that the support representatives here are highly trained, responsive, and knowledgeable, providing timely and helpful aid to address any queries or issues.

How to Use OddsMonkey

The concept behind OddsMonkey is a simple one. The site provides its customers with various resources, software, and tools for matching betting. The site is built with beginners in mind, making it quite intuitive and user-friendly.

Now, let’s look at what the free and premium accounts entail at OddsMonkey.

OddsMonkey Free Trial

An exciting thing about OddsMonkey is that the platform comes with a free trial account that new users can use to test the waters for free. The Oddsmonkey free trial account gives punters access to essential tools and training resources for matched betting, an excellent option for matched betting beginners. You will also find two or more unique offers where you can get guaranteed profit for matched betting.

Another interesting thing here is that unlike what you will find with other alternative websites, this is not an OddsMonkey 7-day trial account. Instead, the free trial account has an unlimited period until you complete the OddsMonkey signup offers provided. Naturally, there are restrictions on the free trial membership account, and punters will only have access to limited features and offers.

The available free trial conditions at the time of writing this review include the following: 

• Step-by-Step Introduction
• 2 Offers worth around £39
• Access to free essential software
• Customer support

OddsMonkey Premium Trial

As mentioned earlier, starting the OddsMonkey free trial costs absolutely nothing. But suppose you want full access to a more robust collection of bookmaker signup offers and the OddsMonkey tools, software, and other features. In that case, you must upgrade to a premium membership account.

The OddsMonkey cost for premium membership is either £29.99 a month or £249.99 for an annual subscription.

The exciting thing about OddsMonkey is that punters can earn around £40 in the free trial, which can essentially cover the premium membership for the first month. Another upside is that OddsMonkey offers a 100% money-back guarantee for the first 30 days, which means punters can always opt out if they don’t think the platform suits them.

The conditions attached to the OddsMonkey premium subscription include the following:

• 50+ signup offers worth over £750
• Earn ongoing profits with 60+ weekly offers
• 24/7 support from a team of experts
• 30+ software tools for all experience levels
• Access to a fantastic community forum
• Customizable alerts; never miss opportunities
• 0% commission deals save £100’s in fees
• Access to all matched betting tools
• 100% money-back guarantee in first 30 days

OddsMonkey Matched Betting Mobile App

Another great feature that punters can look forward to at OddsMonkey is the mobile experience. After all, mobile betting is the go-to option for most bettors these days. OddsMonkey provides a great mobile-optimized platform that is just as seamless as the desktop version. Punters can easily navigate the website and access OddsMonkey guides, videos, and other valuable resources on their mobile smartphones and tablets.

The best part is that the platform also has a great mobile app for any punter who is interested in doing matched betting on the go via mobile devices.

Compatibility

The good news about the OddsMonkey mobile app is that it is compatible with Android and iOS devices, ensuring accessibility to a wide range of punters. With increased convenience and flexibility, bettors can readily enjoy their OddsMonkey matched betting activities regardless of their mobile device.

How to Download the OddsMonkey App – Android

Here is a step-by-step guide on how you can download the OddsMonkey app for Android devices:

• Access the Google Play Store on your Android device
• In the search bar, type “OddsMonkey” and press enter to search
• Select the official OddsMonkey app from the results
• Click on the “install” button on the page to launch the download and installation process
• Once the installation is successful, open the app and log in to your OddsMonkey account

That’s it. You can then access and enjoy what OddsMonkey offers on the mobile app.

How to Download the OddsMonkey App – iOS

Here is a step-by-step guide on how you can download the OddsMonkey app for iOS devices:

• Open the App Store on your iOS mobile device
• Type “OddsMonkey” in the search bar and search for it
• Select the official OddsMonkey app from the results
• Click the “Get” button to download and install the app on the device
• Once the app installation is complete, launch the app and log in to your OddsMonkey account

Pros and Cons of OddsMonkey

As you might have already inferred, there are many benefits to using OddsMonkey for matched betting. But like many services, it has pros and cons, which interested punters need to know.

OddsMonkey Alternatives

There is no denying that OddsMonkey is an excellent website for matched betting services. However, while it is a popular site for matched betting, many other platforms provide the same services to users. You will find many OddsMonkey free alternative websites like Betzillion, where you can get insights into the sports betting market, and many subscription-based platforms that offer matched betting and other services.

Some of the most popular OddsMonkey alternative websites include:

• Profit Accumulator
• Profit Rush
• Yesbets
• Profit Squad, etc.

Now, let’s compare different alternatives to OddsMonkey. We will see their similarities and differences and compare the available features.

OddsMonkey vs Profit Accumulator 

Launched in 2014 by Sam Stoffel, Profit Accumulator is another leading matched betting platform that provides similar services, tools, and features. The two sites are similar in almost every way, which is unsurprising as these two are the massive giants of the matched betting world, especially in the UK.

Like OddsMonkey, Profit Accumulator has many features to help punters maximize their matched betting opportunities, from guides and tutorials to odds matcher software, calculators, and more.

One key difference is that, unlike OddsMonkey, Profit Accumulator has dedicated phone support. Also, Profit Accumulator lacks a downloadable mobile app for Android and iOS devices.

OddsMonkey vs Profit Maximiser

Punters interested in matched betting can also check out Profit Maximiser as an alternative to OddsMonkey. The Profit Maximiser is one of the standalone products of Betting Mastermind, another OddsMonkey alternative that we will check out later in this review.

Like OddsMonkey, the site provides punters access to step-by-step instructions, video tutorials, state-of-the-art betting software, betting exchange integration, and more.

One significant difference we observed is that OddsMonkey is more intuitive and user-friendly. Plus, unlike Profit Maximizer, OddsMonkey provides free trial options for punters to test the water before opting for a complete package. The platform also lacks the usual tools and features like calculators, profit trackers, etc.

OddsMonkey vs Profit Rush

Profit Rush is another player in the matched betting world. Like OddsMonkey, this platform provides punters with matched bet offers, tools, resources, and features that they can use to exploit matched betting opportunities.

One significant distinction of this platform is that, unlike OddsMonkey, it is 100% free. You can make money from matched betting using this platform without any subscriptions. However, as you would expect, the opportunities and features available at this OddsMonkey free alternative are much less than OddsMonkey.

OddsMonkey vs Profit Squirrel

Profit Squirrel is another great OddsMonkey alternative site that offers matched betting services. Like OddsMonkey, it is a subscription-based service that offers many of the similar features you will find at most matched betting sites. It includes relevant tutorials and training guides, calculators, a profit tracker, odds matchers, daily offers, a community forum, and more.

However, one major disadvantage of Profit Squirrel compared to OddsMonkey is that, unlike the latter, this platform does not have betting exchange integration. It means that matched bettors would need to go and make their lay bets at exchanges manually, which can be time-consuming and prone to error. OddsMonkey also outshines this platform in many other aspects.

Sadly, when writing this review, Profit Squirrel had closed down.

OddsMonkey vs Betting Mastermind

Betting Mastermind is another matched betting product that aims to give matched bettors an edge to maximize profits. The platform is a subscription-based service that features 16 different strategy tools, including “Profit Maximizer,” “Each Way Sniper,” “EV Maximizer,” “Bonus Bagging,” “Accumulator Generator,” etc. It also has several tutorials and guide videos explaining what punters need to know when using the service.

One significant difference between Betting Mastermind and OddsMonkey is that, unlike the latter, this platform is not solely dedicated to matched betting. The platform also provides services for other bet strategies.

OddsMonkey vs Profit Squad

Another OddsMonkey alternative that offers matched betting and casino bonus service is Profit Squad. The platform aims to provide punters with tools and strategies to profit from bookmakers’ promotions and offers, just like any other matched betting service.

Profit Squad is a matched betting and casino bonus service that provides the tools and strategies to profit from bookmaker bonuses and offers. Like OddsMonkey, Profit Squad comes with most of the tools and features in the game, from offer calendar, oddsmatcher, calculators, profit tracker, other matcher software, and so much more. Members have access to a private community platform where they can chat in real-time about matched betting and new strategies, discuss new offers, and help each other.

One of the most significant differences between the Profit Squad and OddsMonkey is that, unlike the latter, Profit Squad does not have betting exchange integration.

OddsMonkey vs Yesbets

Yesbet is another online website helping punters take advantage of matched betting opportunities. This free platform creates technology to make matched betting easier and more profitable. Like OddsMonkey, Yesbet has several calculators that punters can use for basic odds maths. It also contains a wide range of free bet offers, casino bonuses, etc.

One of the significant distinctions of Yesbet that differentiates it from OddsMonkey is that it lacks many necessary matched betting features like odds matcher. You also won’t find any bet exchange integration. Instead, the platform promotes premium services, such as the OddsMonkey 1 pound offer for 10 days and a Profit Accumulator promotion.

OddsMonkey vs Oddschecker

Launched in 1999, Oddschecker is a leader in the odds comparison industry. The platform partners with many of the most trusted brands in sports betting and supports real-time updates on odds, offers, and promotions. The site also provides tips and insights to give punters the edge in picking winners.

According to our Oddschecker review, it is a non-matched betting website and offers a distinctively different service from OddsMonkey. However, its services can also give punters an edge in sports betting as it helps them find the best odds on diverse sports and markets.

OddsMonkey vs Rebelbetting

Rebelbetting is another non-matched betting services platform that creates betting opportunities for sports betting enthusiasts. The platform analyzes millions of odds to find profitable bet situations that give punters an edge. The Rebelbetting software analyzes and processes 1,000,000 odds per minute. With over 14 years of operation, the goal of Rebelbetting is always to create value betting and sure betting opportunities.