matched betting

Our Oddsmonkey review will look at all of the services, features and tools that are available within the monthly subscription to oddsmonkey.com

Oddsmonkey is another matched betting product that has recently turned into a subscription service, which for a fee of only £15 a month provides a complete toolkit that is useful to both the amateur and advanced matched bettor.

For some of you £15 a month will sound like a lot of money to be giving away each month so we’ve provided an indepth Oddsmonkey review to help you make up you own minds.

To save you reading all of this mammoth article our Oddsmonkey review covers the following topics:

Quick NavigationWhat is Oddsmonkey.com?Oddsmonkey at a GlanceOddsmonkey BasicsTrainingToolsCommunityBlogOddsmonkey OddsmatcherDutch SearchThe Oddsmonkey CalculatorBookmakers Offers ListingsDaily Offer CalendarNew Account OffersThe Oddsmonkey Racing MatcherThe Oddsmonkey Eachway MatcherThe Each Way CalculatorOddsmonkey Eachway Matcher DrawbacksThe Oddsmonkey CommunityThe Oddsmonkey BlogThe Oddsmonkey Acca MatcherAccumulator No Lay MethodAccumulator Lay All at Start MethodAccumulator Lay Sequentially MethodWhat Don’t I Like About Oddsmonkey?What Do I Like About Oddsmonkey?Where Can I join?Oddsmonkey Review Summary

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I’d like to say at this point, that I am in no way connected to Oddsmonkey, other than providing affiliate links at the bottom of the page, which will give me a small commission if you sign up with them.

This is my honest review after using the service for a few months now, and I wouldn’t recommend or advise on something that I did not believe in.

What is Oddsmonkey.com?

The Oddsmonkey.com team aim to provide a one stop shop to your matched betting needs and through a combination of tools, guides and a very active community go a long way to providing this for you.

They give you advice not only on sports betting such as Football, Horse racing and Tennis betting, but also give comprehensive information around Casino and Bingo offers

Oddsmonkey at a Glance

After doing our Oddsmonkey review we’ve pulled out the most important items that are included in the box, when you pay for the monthly subscription:

Oddsmonkey Basics

5 x Basic Tutorials – These are useful for the total beginner and take you through the basics behind matched betting, how to use the Oddsmatcher and get you up and running with some sample bets. These tutorials are also offered free if you sign up.

Training

New Account Offers – A comprehensive list of offers for you to sign up to split into different types of offers and rated by difficulty

Existing Customer Offer Guides – A list of guides for how the matched bettor would approach the various types of recurring reload offers

Casino & Games – The Oddsmonkey team give you a series of guides to approach the various casino games eg slots, blackjack

Bingo – Series of guides for the various companies providing Bingo offers

Tools

Oddsmonkey Oddsmatcher – Provides an up to date feed for you to compare odds between bookmakers and exchanges across the top sports.

Daily Offer Calendar – Showcases a list of all of the sports and casino offers available each day

Oddsmonkey Calculator – One of the best calculators out there with a really simple to use interface

Dutch Search – If Dutchings your thing then you’ll find all the latest matches on these search listings

The Racing Matcher – An invaluable tool for matched bettors who take up the horse racing offers. Provides a list of all offers available each day and with one click you can see what your qualifying losses will be. Provides links directly to the correct race and horse on the bookmakers websites

The Eachway Matcher – For the more advanced matched bettor but Oddsmonkeys Eachway matcher gives you another way to top up your earnings even on accounts which have been gubbed

Advanced Calculators – Estimated Value calculator (To help you calculate value from casino offers), Each Way Calculator, Each Way Reverse Calculator (To help you with partially matched bets), Risk Free Bet Calculator

Spreadsheets – A suite of spreadsheets to help you with Accounting, Accumulators and Dutching Extra Places

Community

A really friendly useful community full of experienced matched bettors.

If you’re stuck then you’re bound to find help in this community. It’s also monitored by ‘Oddsmonkey Staff’ and ‘Helpful Community Members’ so you’ll get your questions answered pretty quickly.

Blog

One of the Oddsmonkey staff gives a daily account of the offers they placed and the profits they made.

FEELING SLIGHTLY TEMPTED???

Ok, so you’ve just read a bit about Oddsmonkey, and may even have watched one of our videos, so by this point in time you MUST realise that it is a great piece of kit, so why not

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OK, so that’s our overview, but we’ve done an in depth review of the following key features as well:

Oddsmonkey Oddsmatcher

I’ve used this tool for a long time, even when you used to be able to get a free version of it that only updated every 30 seconds it was pretty useful.

The paid version is even more awesome and has up to date feeds from over 50 different bookmakers, which you can compare against the 4 major exchanges (Betfair, Smarkets, Betdaq and Matchbook).

This tool is essential for both selecting close matches for your qualifying bets, as well as finding matches that will give you the highest returns on your free bets. It’s also a pretty useful place to visit if you’re looking for close matches to place your mug bets with.

The key screen is split out as follows:

Oddsmonkey Oddsmatcher Screen

The main things to note on this screen are:

Type – Weather this is a correct score, winner, match odds, HT/FT etc

Rating % – This is a really useful indicator to show how close the match is between the back and the lay odds. The higher this number the better.When this number is displayed in red it means it’s over 100% so an arb would be available to take at this price, however, be really careful with this because you’ll have your accounts quickly closed if you do too many

SNR % – Another useful metric to show you the % return that you should get from your free bet if it is Stake Not Returned. Anything over 80% is typically good here.

Info Icon – This generates a pop up, which has summary information, a link to display similar odds at other bookmakers and also a link through to the Oddsmonkey Calculator which is pre-populated with the details of the match.

Bookmaker / Exchange – Clicking on these will give you a direct link to the event in the bookmakers or exchange site. The good thing about these links are that they go via SafeURL, which means the bookmakers can not detect that you are coming from a Matched betting service otherwise they would be quick to restrict your account. These links save an awful lot of time when searching for close matches.

Availability – Gives you a quick snapshot into how much liquidity there is in the exchange

Clock icon – Just shows you how long ago these prices were taken. It’s best to just refresh the page as often as possible to get the latest rates, however, some feeds take longer to update than others which is why this is a useful indicator.

Oddsmatcher Filter -If you’re using the Oddsmonkey Oddsmatcher then you’ll also find the Filter that is provided to be really useful as this helps you sort through all the different types of matches available.

For example there may be an offer that you have played that is restricted to the correct score market for odds over evens (2.0).

Using this filter you can quickly enter these credentials and see what’s available for those conditions.

Disabled Bookmakers – Yes, you’re going to get gubbed at some stage so just add the list of bookies here to stop their results showing up.

Alerts – This is another handy tool, which allows you to set up to 6 filters which will send you emails if there are any results for that specific filter.​

Dutch Search

Dutch Search Screen

The Dutch Search provides you all the info you need to place your dutching bets, and functions in exactly the same way as the Oddsmatcher.

The Oddsmonkey Calculator

We reviewed this calculator recently as well, and to be honest it’s my personal favourite as it’s just so easy to use.

The Oddsmonkey calculator is split into 2 different modes:

Simple Mode

Oddsmonkey Matched Betting Calculator Normal

This will do your basic calculations for you and allows you to enter back stakes, odds, and commission, and if you enter the lay odds and commission it will simply tell you how much you need to add for your lay stake and give you a handy link directly through to the bookmakers and exchange to do this.You can do this for normal bets and both your stake not returned or stake returned free bets.

Advanced Mode

Oddsmonkey Matched Betting Calculator Advanced Mode

If you activate this mode it will give you further options of what you could overlay or underlay and what your potential returns would be if the event won at either the bookmakers or the exchange.

Part LaysThere will often be an occassion as a matched betor when your exchange bet did not get fully matched as the odds fluctuated. This leaves you in an awkward position of not knowing how much you should counteract with to place the remainder of your exchange bet.

Luckily Oddsmonkey have thought about this and have a unique ‘Part Lays’ feature.If the odds fluctuate you just need to enter the new odds, and the amount that has been matched so far as a partial lay, and it will calculate the amount you should now lay at the new odds.

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If you want to see us using these features in action then hop on over to our Youtube Channel:

FANCY A GO YOURSELF??

You have to agree, these features are pretty cool, so if you fancy trying these out yourself then Oddsmonkey will give you a 30 day 100% money back guarantee!

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Bookmakers Offers Listings

Daily Offer Calendar

Scanning the internet for reload offers is a time-consuming thing, so having all of the available offers in one central place, is a really neat feature.

Daily Offers List

Oddsmonkey split the offers that are available out into a daily offer calendar, which are categorised as easy, medium or hard offers to play and give you an indication of the potential profit that you can make from each offer.

The best thing about this feature is that each offer comes with a write up of the rules of the offer as well as a strategy for the best way to play this offer, which can often take up a lot of time and headscratching in itself.

Offer Tips

If this isn’t enough then each offer has a link through to the community where members will proactively be discussing their tactics.

New Account Offers

Whilst there is an awful amount of value to be given to the more experienced matched bettor, there is also a great deal of value for the beginner.

Most useful of all is a really well structured set of guides to the different sign up offers that are split out into easy, average and hard and categorised as the different type of offer that you will have to play:

• Bet X Get X Sign Up Offers
• Risk Free Bet Sign Up Offers
• Rollover Bonus Offers
• Multi Step Offers
• Enhanced Odds
• Mobile Offers

New Account Sign Up Offers

Each of these offers then has a comprehensive guide, giving you step by step instructions of how you should play the offer, what the requirements are and even a link to the Oddsmatcher with pre-filtered results.

Basically it makes these sign up offers as painless as possible, and of course, if you’re ever in doubt there is a specific section in the Community to discuss each of these offers.

There are guides available for Bingo and Casino offers as well as your standard bookmakers offers.​

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Prefer to see a movie? It’s not exactly Spielberg, but we’ve put together a video of the Oddsmonkey offers pages in the video below:

CHECK THE LATEST OFFERS?

If these step by step offers and guides are what you need then why not try out the Oddsmonkey 30 day 100% money back guarantee!

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The Oddsmonkey Racing Matcher

For me, this tool has simply been awesome. I used to spend a long time flicking between different screens to get a close match on a race, only to find that the odds changed and I was too slow to put the bet on.

On top of this, on a standard racing Saturday, this used to take up a huge amount of time going through all the different races with the different bookmakers and trying to get on some good matches.

Now, most of that pain is taken away with the Oddsmonkey Racing Matcher.

The Racing Matcher

As you can see, for every given day it lists all of the races, with a list of all the offers available on that particular race at the different bookmakers.

If you click on the button it will bring up a feed showing you all of the closest matches that are available.

This means that with one click you can see whether there is a close match and what the qualifiying loss will be for that offer.I

If you find a match that you want to get on then all you have to do is click on the link, which brings up a pop up with the following info:

Eachway Calculator

Each of these windows has Safe links through to the bookies, in most case with your bet pre-selected.

My process now is a lot simpler as all I have to do is click on each of the bookies that I’m not gubbed from, check out if any decent matches are available, then simply click through and place the bet.

You can hit the refesh button as often as you like to get the latest odds.

Simply Awesome!​

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Watch our video with live action using the Oddsmonkey Racing Matcher:

Take me to the races!!!

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The Oddsmonkey Eachway Matcher

No, if we’re talking of awesome and you’re looking for a way to print money, then the Eachway matcher is going to knock your socks off!!!

This clever bit of software takes advantage of arbs in the Eachway market rather than on the Win market, so these go under the radar of most bookies.

To understand how this works we need to understand that an Eachway bet is made up of 2 bets:

• A bet that the horse will win
• A bet that the horse will be placed

The general principle is that to calculate the place odds the bookmaker usually arbitrarily just divides the win odds by a fraction of the starting price, usually 1/4 or 1/5.

However, in the exchange the odds are more based on probability as they are not set by the bookmaker, but rather by the market force instead.

This means, that in certain circumstances ‘arbs’ will occur and you will be able to make a profit whatever the result of the race.T

he best thing about this software is that you can use it on gubbed accounts and you don’t need to rely on offers. As long as you have an account still open and the stakes aren’t restricted then you can use this tool.

So what does it look like?

The Eachway Matcher

Key things to note from this screen are that it provides SafeURL links through to the bookies as well as the exchanges for the Win and the Place part of the bet

Runners – Depending on how many runners there are in a race, the number of places that a bookie will payout will change.

There are often horses that pull out an are non-runners and this can mean that the bookie will update the number of places that they are paying out, however, you won’t be able to change the payout from the exchange..

If by bad luck the horse finishes in the place that has been withdrawn then you can actually lose quite a bit of money as you will still have to pay out the exchange liability, but won’t receive anything from the bookmaker.

This is a nightmare scenario so you need to be careful not to place bets too far in advance. Oddsmonkey will highlight the race in red if one more non runner will change the number of places that the bookie will payout.

Rating % – Same as on the Oddsmatcher indicates the percentage profit for your bet and SNR% is your return if using a free bet

Arb Rating % – Shows the rating of the normal arb on the win part of the bet. We want this to be less than 100% so that it isn’t flagged as an arb with the bookmaker.

Max Profit – How much you’ll make from the race

Filters – The Channel 4 or Extra Place filters come in handy and there are a number of parameters that you can configure in the Filter panel such as removing bookmakers and also selecting to hide races where one withdrawal will change places paid.

Setting / Alerts – You probably don’t want to be sitting in front of your computer all day so you can set up both visual and audio alerts to notify you when a suitable match for you becomes available eg you may only want to try and get on matches that have a profit of £5 or more.

Refresh – Another nice touch is you can set the screen to autorefresh at intervals of 30 seconds, 1 minute of 2 minutes.

The Each Way Calculator

Once you’ve found a match that you want to bet on, just click on the ‘Open Calculator’ link and you’ll find exactly the amounts that you should bet:

Eachway Calculator

You can adjust the odds and the stakes that you want to add and the profit will update accordingly, to see if this is worth you betting on.

Because you have to place 3 bets, often you’ll find that by the time you get to place the third bet, the odds will have changed so it’s handy that you can just plug the numbers into this calculator and readjust your lay stake.

Oddsmonkey Eachway Matcher Drawbacks

Now unfortunately this Eachway Matcher isn’t all milk and honey and there are a few things you need to consider:

• This is an advanced tool so shouldnt be used with big stakes by beginners because you can easily lose a lot of money if you place the wrong bets
• You need to be really quick to place your bets. Thousands of people are probably watching the same matches on a Saturday so you need to be quick off the draw to place your bets
• Sometimes you won’t be able to get your bet fully matched, which can be a real pain as you will have to try and recalculate a partially matched Each Way bet, which gets complicated
• If there are a lot of retirements you can easily get caught out by Rule 4 and if you’re unlucky will payout a large liability. This also means that you can’t place bets well in advance of a race as there is more likelihood of horses pulling out.

Overall, however, I absolutely love this tool and recently have been making most of my Matched Betting money out of this.

It’s so much better than hoping that a horse comes in 2nd to the SP favourite or some other rubbish offer, because this will guarantee profit time after time.

It’s also great for the Extra Places as well, and you can easily cover a few horses in the race and hope that they come in on that extra place to give you an amazing extra payout.

This happened with me on a couple of horses recently and I won over £200 each time​

FEELING LAZY?

Watch our video with showing the Oddsmonkey Eachway Matcher in action:

GUARanteed PROFIT???

Do you want to stay under the bookies radar and make money from the eachway market, regardless of the result?

YES, Give me Risk Free Money!lorem ipsum dolor

The Oddsmonkey Community

I’ve found the Oddsmonkey community to be very active and I think with more and more people joining it’s just going to get better over time.

The community is basically split out into new sign up offers, reloads and general themes:

In general, I’ve found the community members to be really helpful and quick to respond and you have both ‘Helpful Community Members’ and Oddsmonkey staff to help you with your enquiries.

The Oddsmonkey Blog

This is basically just a blog where one of the Oddsmonkey team members is trying to hit a target of £600 a month, so he goes step by step through every offer that he plays.

It’s not the most useful feature but is interesting to see how other people can still make money from matched betting and the kind of offers that they go through each day.

Oddsmonkey.com Blog

The Oddsmonkey Acca Matcher

There are a number of other tools out there at the moment including Accumulator Generator, that are offering services to find you the best Accas, and the Oddsmonkey team have just added their own version to their subscription service.

At the time of writing this was still very much in its infancy and has just come out of beta phase with 3 options:

Accumulator No Lay Method

This is what I would call the lazy method where all you have to do is to add the legs of the Acca on the Bookmakers website and you don’t need to lay these off.

The idea is that because there is a potential to get a free bet, then over time you can expect to earn the ‘Expected Value’ figure per Acca.

The thing with this approach is that you could lose all of your stake and you could win big on each Acca, however, you need to look at the results over time.

The minimum number of Accumulators that they recommend to give you this average is 100.

Oddsmonkey Lay All Accamatcher

Accumulator Lay All at Start Method

This is similar to the No Lay approach, apart from you will also need to lay your bets off at the exchange

Accumulator Lay Sequentially Method

This technique requires more effort on your behalf, but can also be more rewarding as well. The general approach is quite simple again, where you need to lay off each leg of your Acca, until one of your legs loses.

As soon as you lose a leg, you stop laying off, and hope that the rest of the legs win, so that you can hit your refund.If all your legs win or you lose more than 2 legs, then you will end up making a loss, however, the legs are chosen to give you a competitive advantage against the bookies in the long run.

Oddsmonkey Lay Sequentially Accamatcher

As you can see in the screenshot below the Acca screen gives you a dropdown to select one of the bookies that has an Acca refund / insurance offer on, and then the software will pre-populate the screen with matches that fit the offer criteria (ie the correct leagues and minimum odds).

The most useful thing to look at on this screen is the widget below, which shows you the different scenarios of the Acca, how likely they are and what you would win/lose if that scenario happened.

On top of this it gives you the Expected Value, which is the value of the Acca you would get on average if you did the same Accumulator a hundred times.

The Accumulator selection is chosen for you, however, you can swap in and out legs yourself and update the Acca.

This is something I would recommend to keep you under the bookies radar, because I imagine a lot of people will be doing the same Acca selections from this oddsmonkey tool, so it could raise suspicion.

Once you’ve chosen your Acca, you can save this and then goto the ‘Saved Accas’ section:

Saved Accas Screen

This is the screen that you will need to visit after each leg of the Acca has finished. You’ll need to enter whether the leg has won or lost and then update the Acca.

You’ll then be shown how much you should lay in the next leg, and if the lay odds have fluctuated you can update them here, and it will automatically re-calculate your lay stake…. genius!

This is another great addition to their suite of tools and I would say that this alone is worth the £15 a month subscription.

What does Oddsmonkey Premium Subscription Include?

At the moment Oddsmonkey are running a limited time offer of £15 per month premium subscription, which you can cancel at any time and also comes with a 30 day money back guarantee.For this money you’ll get everything that I’ve talked about in this post:

• Access over 100+ tutorials
• Access the Oddsmatching tool
• Access to the Dutching tool
• Access to the Racing Matcher
• Access to the Daily Offer Calendar
• Access to the Acca Matcher
• Access to the online Community
• Full online customer support
• No minimum contract cancel anytime

FEELING LAZY?

Watch our video review of the Oddsmonkey Acca Matcher in action:

GUARanteed PROFIT???

Do you want to stay under the bookies radar and make money from the eachway market, regardless of the result?

YES, Give me Risk Free Money!lorem ipsum dolor

What Don’t I Like About Oddsmonkey?

It’s pretty hard to find any negative points really.

If I’m really looking for something then I’d say that on the Eachway matcher some of the feeds like Betway for example tend to lag a little, which means when you try to place the bet, you’ll find the odds have changed. However, I suspect that’s more to do with the feed than the Oddsmonkey service.

I don’t like the claims that you can make £1500 a month from Matched Betting as I don’t personally believe that’s possible, at least for an extended period of time, unless you’re spending hours doing it, or you’re multi accounting, but I understand it’s a sales tactic.

That’s about it really, everything else is really positive and I think the price of £15 a month is fine as well, considering the value it gives you.

What Do I Like About Oddsmonkey?

To be honest, everything that I’ve mentioned above!

The Oddsmonkey team are obviously experienced in matched betting and know what some of the key issues are for matched bettors.

Where possible they’ve provided tools and shortcuts to make Matched Betting consume less of your time and give you the most profit.

For me, the Eachway matcher is an excellent product that you can just use again and again, without having to deal with the hassle of redeeming bonuses, rollovers or the threat of getting your accounts banned, so this is the standalone benefit for me.

The Racing Matcher is simply awesome as it saves you so much time trying to find close matches and I’m sure the Acca Matcher is going to develop into another killer product.

For Beginners as well this is an excellent product as it gives you great step by step tutorials and provides and excellent community to back you up with any help or support you may need.

Where Can I join?

If you hop on over to oddsmonkey.com you’ll find 3 different options available for you.

You can either:

• Sign up to a free account, which will give you access to some of the basic tutorials and give you enough info to get started
• Sign up to the premium monthly subscription for £15 a month
• Sign up to the annual subscription for £150 per yearIf you have any doubt about this then I suggest you sign up to the free account and give it a go.

If you’re still in doubt sign up to the £15 premium subscription and if you are not comfortable with this after 30 days you’ll get your money back

Oddsmonkey Review Summary

Price:

 

Money Making Potential

 

Value For Money:

 

Ease of Use:

 

Passive Income Rating

 

My personal opinion, is that without this product you’re just going to be spending a lot more time doing things that you shouldn’t be wasting your time on, when they can be done a lot quicker with a tool like this.

There are also some unique tools like the Eachway matcher that you won’t be able to do yourself, without either being a maths genius or having to work with a lot of different crazy excel sheets.

I’ve tried the product, I’m making money from it every week, so can’t recommend it highly enougy.

However, like I say if you’re in any doubt, just sign up to the free account and see if this is the right product for you.

FREE

• Introduction Training Guides
• Earn up to £45
• No card details required
• Immediate activation
• Basic online customer support

FREE

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PREMIUM MONTLY

• Earn up to £1500 per month
• Access over 100+ tutorials
• Access the Oddsmatching tool
• Access to the Dutching tool
• Access to the Racing Matcher
• Access to the Daily Offer Calendar
• Access to the online Community
• Full online customer support
• No minimum contract cancel anytime
• 30 day 100% money-back guarantee

£15 / month

TRY NOW

PREMIUM ANNUAL

• Earn up to £1500 per month
• Access over 100+ tutorials
• Access the Oddsmatching tool
• Access to the Dutching tool
• Access to the Racing Matcher
• Access to the Daily Offer Calendar
• Access to the online Community
• Full online customer support
• No minimum contract cancel anytime
• 30 day 100% money-back guarantee

£150 / year

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STILL FEELING LAZY?

If you’ve got this far, then congratulations…but there’s more…. WATCH THE VIDEO BELOW FOR FULL DETAILS AND LIVE SCREENSHARES OF THE ODDSMONKEY TOOLS IN ACTION: