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Oddsmonkey Reviews 2024

Oddsmonkey Offer & Promo Code

Last Updated on 01/09/2024
Fact checked by: Mike McKean

At betting.co.uk we pride ourselves on having a thorough knowledge of all types of betting systems. One popular betting system that works for many punters in the UK is matched betting. It’s a technique that allows you to make money by taking advantage of free bets and promotions that bookmakers offer.

Our Oddsmonkey review will look at a popular and essential service for all matched bettors. The Oddsmonkey website provides you with everything you need to make healthy monthly profits from matched betting.

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Odds Monkey
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Odds Monkey Highlights
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  • Perfect for matched betting
  • Fantastic beginner guides
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What do Oddsmonkey offer?

The best way to sum up the purpose of Oddsmonkey is - a one-stop service for all your matched betting needs. Oddsmonkey offer premium members a variety of in-house tools to help them make the most out of matched betting and online casino offers.

The core service of Oddsmonkey enables members to place matched bets that offer the best value and lowest cost. Oddsmonkey’s Oddsmatcher tool is designed to find the best matched bets available, making it simple for users to find and place bets. They also provide a number of other tools and calculators to help members find each way, extra place, accumulator and arbitrage matched betting opportunities, allowing you access to the sure bets of the day using the most up-to-date arbitrage betting software.

If you’re new to matched betting or wanting to learn about more advanced strategies, Oddsmonkey offer comprehensive video and written tutorials that cover all aspects of matched betting and associated techniques. There are also step-by-step guides to new account offers for both betting and casino sites.

Another key service that Oddsmonkey offer is a daily calendar of available matched betting opportunities and casino offers. This allows members to make steady daily profits from matched betting. Members can also use a detailed tracker to keep a thorough account of bets and profits.

Whilst Oddsmonkey requires a paid subscription, just as you can have a Profit Accumulator discount code for that provider, you can save money by taking advantage of an Oddsmonkey promo code or having a free trial of the service.

Oddsmonkey Services

Oddsmatcher

The Oddsmatcher is Oddsmonkey’s key product. It’s an advanced piece of software that compares odds from almost 100 bookmakers and four betting exchanges. It finds and rates matched betting opportunities, saving you time, effort and money. The software is fully integrated into the Oddsmonkey site, so there’s no need to download it.

Oddsmatcher is presented in the form of a detailed spreadsheet. This allows you to easily filter markets and find exactly the right bet. Then you simply click a small ‘i’ on the spreadsheet and a pop up appears detailing the exact figures you need to bet. It’s ideal for both experienced matched bettors and newcomers.

Best of all, Oddsmonkey offer full integration with betting exchanges. This means that instead of having to visit the exchange sites manually, you can place the lay bets directly from Oddsmonkey. Quite simply, it’s the most essential matched betting tool you’ll find.

Other Matchers

In addition to Oddsmatcher, Oddsmonkey offer a range of other tools to help you find different types of bets.

Racing Matcher - This focuses on the best matched bets for all available daily horse racing offers.

Eachway Matcher - This is a more advanced tool that helps you take advantage when bookmakers offer promotions on each way markets, such as paying out on extra places.

Acca Matcher - Sometimes bonuses and free bets can only be applied to accumulators. The Acca Matcher allows you to either find the most profitable accumulator offers or create your own accumulators.

Dutching Matcher - For more advanced matched bettors, Oddsmonkey offer a Dutching Matcher. This gives you the most profitable way of betting on all possible outcomes of an event.

Daily Offer Calendar

Every day, bookmakers promote a range of different offers. Keeping track of them all is an impossible task. But thanks to Oddsmonkey’s Daily Offer Calendar, you don’t need to.

The Calendar provides a detailed list of betting and casino offers available on any given day. Oddsmonkey cost up every offer and provide a detailed guide on how to take advantage of it, as well as information on the level of difficulty and expected profit.

Training

Matched betting can be a complicated pursuit. Oddsmonkey has a comprehensive library of video and written guides to every possible matched betting strategy. There are also detailed guides to all of the Oddsmonkey tools and even an array of tips to help you make the most out of your matched betting venture.

Profit Tracker

Of course, the most important part of matched betting is making a profit. Oddsmonkey’s Profit Tracker allows you to keep track of every single bet you make. It’s fully integrated with the Oddsmatcher, so there’s no need to fill in the Tracker manually.

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Oddsmonkey Review: Cost and Oddsmonkey Promo Codes

A subscription to Oddsmonkey’s premium service costs £19.99 per month. Alternatively you can pay a one off annual fee of £180. This gives you unlimited access to all of the Oddsmonkey tools and services. It also allows you to use the Oddsmonkey community forum and their expert support service. Both are ideal for when you have any queries or run into any problems.

One of the very best perks of being an Oddsmonkey member is that you can receive 0% commission at both Smarkets and Matchbook betting exchanges. This can save you up to 5% on every single bet you lay.

It is usually possible to use an Oddsmonkey promo code to obtain a discount on your first month of subscription. Finding an Oddsmonkey promo code is easy - just visit a coupon site or put ‘Oddsmonkey promo code’ into a search engine.

If you don’t want to pay for Oddsmonkey, there is a free service on the site. This gives you access to three sign up offers that will enable you to make around £50 profit, as well as the ability to use a basic version of the Oddsmatcher. It’s a very stripped down version of the site, but if you’re new to matched betting it works well as a way of introducing you to the concept.

Even if you can’t find an Oddsmonkey promo code or Oddsmonkey discount code, you can still get a no obligation, seven day free membership trial. This enables you to try out the full range of Oddsmonkey services and tools.

Oddsmonkey Community and Support

Whilst the Oddsmonkey training guides are superb, thorough and extremely user friendly, occasionally you will run into a problem. The Oddsmonkey community forum is only available to paid subscribers. It enables members to ask and answer questions, offer and receive advice and chat all things matched betting.

The forum is beneficial for matched bettors of all levels. There is a specified section for new members, it enables them to get instant answers to questions. For experienced matched bettors, there are areas of the forum dedicated to trading and other advanced techniques. Whatever your level, the forum provides up to the minute information on price boosts and other new opportunities.

The forum is monitored by support staff, so even if a member of the community is unable to assist, somebody in the Oddsmonkey team will be able to deal with your issue.

The support function on Oddsmonkey is another simple way to get an answer to your query. You can raise a support ticket at any time of the day. This service is manned by Oddsmonkey staff between 9am and 7pm Monday to Saturday. You can also email or contact them via social media.

Oddsmonkey Review: Usability

One of the big strengths of Oddsmonkey is the convenience of using the tools. For a start, you don’t need any additional software and there’s absolutely nothing to download. All of the calculators and Matchers can be directly accessed via the site. Everything is fully mobile compatible.

There’s a clear and pleasing preference for substance over style on the Oddsmonkey site. Everything works intuitively and you are never more than a step away from finding the tool or service you are looking for. Finding the best bet for your requirements is virtually effortless.

A key element of the excellent usability of Oddsmonkey lies in the way the tools are integrated. Place a bet via the Oddsmatcher and it instantly appears on your Profit Tracker. When the bet settles you can input the result and find out your exact profit.

The usability of Oddsmonkey certainly compares very favourably with other paid matched betting services such as Profit Accumulator.

Oddsmonkey versus manual matched betting

Of course, everything on the Oddsmonkey site could be completed manually. You can find bookmaker and casino account offers. You can calculate and place bets by yourself. And you can keep a track of your own profits.

The big problem is that doing all of that is massively time consuming and extremely open to human error. For a start, keeping track of all available offers is a borderline impossible task. There are up to 50 offers on the Oddsmonkey Daily Offer Calendar every day. Having all that information in one place is immeasurably easier than having to find it yourself.

There’s also the issue of placing bets. Doing it yourself requires being on both the bookmaker and exchange site at the same time, as well as having your calculator to hand. With Oddsmonkey, you can place exchange bets instantly thanks to their integration with the Oddsmatcher. Plus you can instantly click through to the relevant page of bookmaker sites.

Oddsmonkey makes everything as easy as possible and almost completely eliminates the potential for human error. The time and money you save by using the tools, pays for the Oddsmonkey cost many times over.

Gubbing

A common problem for matched bettors is trying to stay under the radar of bookmakers. Because matched betting involves placing bets that are closely matched with exchange markets, the bets do not create much profit for bookmakers. If a bookmaker reviews your account and strongly suspects you are matched betting, they often ‘gub’ you.

If you’re gubbed it means that you cannot take advantage of offers from that bookmaker and it often means you are stake restricted. This will be a familiar story to anyone who has read our Betburger review or used betting software in the past.

Oddsmonkey has a guide on how to avoid getting gubbed - techniques such as ‘mug’ betting, only betting on major events and having the occasional random spin on a slot machine can help keep your account healthy, but they are not foolproof methods.

In many ways gubbing is an unavoidable hazard of matched betting. Because matched bettors are placing bets that are profitable regardless of the outcome, it’s inevitable that they will occasionally come to the attention of bookmakers.

The best advice is to just take it on the chin and move on. Because Oddsmonkey provide offers from almost 100 bookmakers, being gubbed by a few of them isn’t a huge problem.

Oddsmonkey Review - Conclusion

If you’re a matched bettor of any level, it is absolutely essential to have a premium Oddsmonkey account.

The range of tools and services Oddsmonkey offer is comprehensive and unparalleled. The centerpiece of the site is the Oddsmatcher. It’s a unique and highly detailed tool that makes placing matched bets ridiculously easy. What was previously an arduous process, open to human error, can now be done with a couple of clicks.

But whilst the Oddsmatcher is probably worth the cost of membership on its own, there is so much more to Oddsmonkey. The training guides and daily offers are all expertly written  with precise step by step instructions. The wide range of calculators and Matchers give members the ability to place matched bets of all types. Whilst the Profit Tracker is an easy and accurate way of keeping track of how much money you are making.

So is Oddsmonkey worth it? Yes, the £19.99 per month subscription fee pays for itself many times over. The 0% commission with Smarkets and Matchbook can save you at least 5% of your betting costs per month. Not to mention the fact that the time and effort savings are immeasurable. Plus if you can find a suitable Oddsmonkey promo code it's even cheaper to be a member.

Simply put, Oddsmonkey is by far and away the market leader when it comes to matched betting.

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