Revised Base Article
Assessment and Overview of OddsMonkey: Latest Features Examined and Evaluated
Let's dive into the thrilling world of bookmakers versus punters - a timeless dance as old as the casinos themselves. Bookies are relentless in their pursuit of profits, while punters tirelessly seek ways to score big wins and gain financial freedom. With the bookies calculating their odds meticulously, it's no wonder they're hard to beat. That's where strategies like matched betting come into play, and avid punters are flocking to a platform called OddsMonkey in search of an advantage.
But matched betting isn't a walk in the park - it requires dedication and time. You have to sift through numerous bookies for the latest free bet offers, hunt for arbitrage opportunities, and keep a meticulous track of your bets. Sounds exhausting, right? Well, that's where OddsMonkey steps in, offering tools, advice, and matched betting software to make things easier. Curious to see if I could outsmart the bookies with OddsMonkey, I jumped on board and embarked on a matched betting adventure.
Here's what I discovered during my journey with the platform.
OddsMonkey's Ratings
- Overall Score: 4.86/5
- Bookie Coverage: 4.8/5
- Exchange Coverage: 5/5
- Matched Betting Features: 5/5
- Accuracy: 4.8/5
- Price/Value: 4.8/5
- Filters: 4.8/5
- Reliability: 4.7/5
- Customer Support: 5/5
Highlights
| Pros | Cons || --- | --- || A myriad of tutorials and guides for beginners | A high risk of getting banned by multiple bookies || An interactive and supportive community forum | Can take longer to make significant profits on a lower budget || Excellent customer service || Multiple matched betting tools || A fantastic free trial plan || An easy-to-use interface |
Summary
Running by a team of dedicated matched betting masters, OddsMonkey delivers top-tier service. The matched betting tutorials and guides explain the basics pretty well, although they could do more to guide beginners on how to utilize tools like OddsMatcher.
The OddsMonkey interface is user-friendly, and tools such as the profit tracker and offers calendar simplify stressful tasks. The customer support provided by OddsMonkey is another strong point, always ready to lend a hand and resolve any issues that may arise.
Several tutorials and guides that are helpful to beginners
OddsMonkey: What's It All About?
Matched betting is a clever tactic where you leverage free bets and bookie promos to cover all possible outcomes of a sports event, ensuring a win no matter how things pan out. A typical matched bet consists of a back bet with a bookie using a promo offer and a lay bet on a betting exchange to cover the opposite outcome. Easy peasy, right? But things can get dicey quickly, especially when combining and tracking various events. That's where OddsMonkey comes in, sifting through top UK bookies to find the best free bet offers and offering suggestions on how to place the back and lay wagers for a profit.
High risk of getting banned by multiple bookies
How OddsMonkey Works
OddsMonkey is simple to use, making it accessible for beginners. After registering, you select from the available free bet promos on top UK bookies to kick off your matched betting journey. OddsMonkey offers a variety of promotional categories, each designed to help you make monthly profits - from easy welcome offers and bet clubs to advanced welcome offers, guaranteed profit reloads, price boosts, 2UP Offers, and B.O.G Offers, there's a long list to choose from. Each of these offers is thoroughly detailed by OddsMonkey, with intro videos for each offer type that offer helpful insights.
OddsMonkey's core offering is the software called OddsMatcher, which compares data from top UK bookies and betting exchanges to provide the best odds for back and lay bets. By displaying lists of sports events across different bookies, ranking them according to the best arbitrage opportunities, OddsMatcher helps simplify the matched betting process. The tool summarizes recommended bet types, the best odds for backing and laying the bet across the top bookies and betting exchanges, and the available liquidity for these events on an exchange.
Navigating OddsMonkey Services and Features
Interactive and helpful community forum
OddsMonkey offers a plethora of matched betting features that can be overwhelming, but I soon found a few key features that stood out and became essential tools in my matched betting arsenal. Here are the top three features I found myself using the most on OddsMonkey, all you need for a successful matched betting journey:
OddsMatcher
It takes longer to make a considerable profit if you're starting with a lower budget
OddsMatcher is OddsMonkey's main software, and it lives up to its name by pulling data from all the top UK bookies and betting exchanges to show you the best odds for backing on a bookie and laying on an exchange. You can filter events by sport, market, bookie, and more to find the best opportunities. What I loved was the direct links to these events on bookies and exchanges, which saved me from searching around for markets.
Other Matchers
Although OddsMatcher might seem like the only matching software on OddsMonkey, there's actually a host of other tools for different types of bets. These include dutching matching software, tools for horse racing, and an impressive new tennis matcher. Here are my top picks:
- Acca Matcher: If you're not keen on picking out selections for your acca bet yourself, OddsMonkey's Acca Finder is a fantastic tool. It automatically generates acca bets by comparing bookie and exchange odds across platforms, allowing you to easily select from a readymade list.
Excellent customer service
Prefer a bit more control? Then I recommend using the No Lay Acca Builder to calculate your acca's expected value. With this, you can customize your bets by setting minimum and maximum odds, indicating whether your acca is two, three, four, or five-fold, and specifying the duration of the acca.
- Racing Matcher: This tool lists horse races with free bet promos featuring qualifying stakes. For most bookie promos, the stakes required are already specified, so the Racing Matcher simply suggests a lay stake to ensure you avoid a qualifying loss or keep it to a minimum.
- Extra Place Matcher: Similar to the Racing Matcher, OddsMonkey's Extra Place Matcher lists horse racing events with extra place promotions on bookies. The tool shows you the best back and lay odds for these events, along with the liability for each lay option and the potential extra place profit.
Betting Calculators
OddsMonkey's range of betting calculators is impressive, although it might seem excessive since you may not need most of them. The platform provides a whopping 46 calculators, from arbitrage and dutching to early payout, multi-lay bets, and even cancelling out a lay bet you placed by mistake. The best part about OddsMonkey's calculators is that they are all free to use, with no hidden fees or registration requirements.
Multiple matched betting tools
Since OddsMonkey is primarily focused on matched betting, I tried out their matched betting calculator and found it robust. The tool breaks down the results from your inputs and offers suggestions on how much to lay and your potential liability. You can choose between simple and advanced modes. In simple mode, the calculator provides suggestions on how much to lay, while advanced mode offers tips on underlay, standard, and overlay betting options.
Revenue Tracking
Keeping tabs on your bets can be a hassle, but OddsMonkey's revenue tracking feature makes it easy. Instead of manually inputting your bets, you can log your bets directly from OddsMatcher or any other matchers with a simple click of the button. From there, you can monitor the status of your bets and see whether you've made a profit or loss once a bet is settled. The revenue tracker also offers a dashboard that lets you see how much you've made or lost in the past three months and on any specific day at a glance.
Daily Offers Calendar
Great free trial plan
The Daily Offers Calendar is your one-stop shop for the latest promotions on UK betting sites and exchanges. Although offers are not updated daily as the name suggests, OddsMonkey staff tirelessly scour top UK bookies to update the calendar with new promos as soon as they become available. The calendar itself is super straightforward, and with filters for offer types, skill levels, profit type, and offer status, you won't waste time sifting through a long list of bonuses.
Free and Premium Plans
OddsMonkey offers a free trial that allows you to enjoy the platform's matched betting services without a hefty initial investment. Depending on your experience level, you can use the free trial as a beginner, intermediate, or advanced-level match bettor. I began as a beginner on the free trial plan and got access to tutorial videos explaining how matched betting works, along with detailed steps to claim two introductory offers worth £29 from Coral and Betfair.
However, OddsMonkey's Premium Plan offers a more robust experience, costing £29.99 per month or £20.84 monthly if you opt for the annual plan. Subscribing to the Premium Plan grants you access to all of the platform's matched betting tools, over 50 signup offers valued at £750+, weekly bonuses, and 0% commission deals from Smarkets. But that's not all. The Premium Plan comes with 7 days of dedicated support from OddsMonkey's betting experts, which is a step up from the basic customer support I received on the free trial. There's also an All-Access premium plan, which costs £49.99 monthly or £349.99 yearly. The All-Access plan includes everything in the regular premium plan, along with several casino matched betting tools and bonuses.
The site is easy to use
One interesting aspect of OddsMonkey's premium plan is that the cost to renew your subscription remains the same, regardless of any price increases[6]. However, this only applies if you don't pause your payments at any point.
Is OddsMonkey Worth the Price?
From my experience using the platform, OddsMonkey is well worth the investment, especially when you consider the time it saves by streamlining the matched betting process. The OddsMatcher and a variety of other matchers help eliminate the need to manually compare odds across bookies and exchanges. Additionally, by focusing on high-rated events on the OddsMatcher, users can frequently find profitable arbitrage opportunities.
Instead of drowning in spreadsheets, the revenue tracker makes it easy to keep track of your bets and earnings. And, finding bonuses? No sweat, as OddsMonkey's offers calendar collects all relevant offers in one place.
Who Can Use OddsMonkey?
OddsMonkey was primarily designed for those of legal betting age in the UK and Ireland, as most of the offers on the platform come from UK bookies and exchanges[3]. However, non-UK users can still access and utilize the platform's calculators and tools without restriction. The catch is that you'll need to find your own free bet offers from local bookies, as registering with UK bookies and exchanges is only available to UK residents[2][3].
User Reviews and Testimonials
I investigated online reviews to gauge OddsMonkey's reputation, and the feedback was overwhelmingly positive. OddsMonkey boasts an impressive average rating of 4.7 out of 5 stars from 868 reviews on TrustPilot, demonstrating the platform's quality matched betting service[3].
Several users on TrustPilot praised OddsMonkey's excellent customer support, the platform's accessibility for beginners, and the impressive range of betting tools available. The active OddsMonkey community also received favorable reviews. Although there were a few complaints about OddsMatcher hyperlinks occasionally sending users to incorrect markets on the bookies and occasional subscription renewal issues, OddsMonkey's customer service generally received positive feedback for promptly responding to these issues[3].
I delved into Reddit threads to further inspect OddsMonkey's reputation, and most comments affirmed that it's possible to profit using the platform[7]. However, some users cautioned that it's becoming increasingly difficult to generate profits as bookies are cutting back on bonuses, which I have to agree with[6][7].
OddsMonkey Community and Forum
OddsMonkey has developed a significant user base over the years, resulting in an actively engaged and supportive community forum, exclusive for premium users[2]. I must admit, the OddsMonkey forum is my go-to spot for insightful banter and discussions. The community is filled with knowledgeable members and helpful staff, always ready to provide answers to your questions about matched betting. There are numerous threads for beginners to learn the ropes, sections for new and existing customer offers on UK bookies, and even a dedicated area for non-UK users to chat about bookie offers.
References
- Betting Expert (n.d.)
- OddsMonkey (2023)
- TrustPilot (2023)
- How to Make Money Matched Betting Using the OddsMonkey Matched Betting Free Trial (2023)
- OddsMonkey OddsMatching Software Review (2023)
- OddsMonkey Subscription Renewal (2020)
- Reddit Discussion (2023)
- The interactive and supportive community forum on OddsMonkey is always abuzz with helpful banter and discussions, making it a valuable resource for both beginners and experts.
- User agreements often require punters to agree that technologies like OddsMonkey will not be used to gain an unfair advantage over bookies, as they implement strict policies to detect and ban such activities.
- Technology-driven betting platforms, such as OddsMonkey, provide punters with a variety of matched betting tools and resources, guiding them towards employment of effective betting strategies like arbitrage betting.
- In the realm of sports-betting, guides and tutorials can serve as vital resources for beginners who are navigating the complexities of bookmaker offers and betting techniques, such as matched betting and arbitrage betting.
- While OddsMonkey offers a plethora of betting calculators aimed at simplifying various betting strategies, these tools are particularly beneficial for advanced users involved in arbitrage betting and seeking to minimize their potential losses and maximize profits.
