OddsMonkey Review 2017

Before I start this OddsMonkey review, I just wanted to say that I used to use Profit Accumulator but have since moved over to OddsMonkey at the beginning of 2017. I joined as OddsMonkey is much cheaper at just £15 and do everything a beginner needs to make up to £1,000 tax-free a month.

OddsMonkey has a free trial available where you can make up to £45. Might as well sign up. It’s free.

OddsMonkey Review

Ok, this is my review of OddsMonkey – which is a matched betting service that can help you make up to £1,000 tax-free per month from matched betting.

It’s ideal for beginners as it has everything you need to get started.

What is OddsMonkey?

OddsMonkey is a matched betting service that helps beginners making money with matched betting. It provides a range of written and video matched betting training guides. It also has all of the tools to make matched betting easy from a list of all the available offers for you to complete, a tool that lists all of the events that you can bet on, and a calculator to work out how much you need to bet to complete the offer and make money.

How much do I make from matched betting with OddsMonkey?

In my first month, I made £1,267 tax-free from matched betting using OddsMonkey. It was pretty easy to do and I went through all of their training guides to make sure my knowledge was up to scratch. I’m not completely new to matched betting when I joined OddsMonkey, but it was definitely easier than my experiences before.

How much can I make from matched betting with OddsMonkey?

OddsMonkey claims that you can make up to £1,000 tax-free from matched betting each month using their matched betting service.

From my experience, you probably earn about £50 tax-free per hour of matched betting. So, you’re looking at somewhere around 7.5 hours a week. Not too shabby eh.

It also depends on how much cash you have in your account to place the bets. I would recommend a starting fund of £100 for most beginners, but the more you have the more offers you can place at the same time, boosting your earnings.

Once you have started, I would say that keeping a minimum of £500 in your bank account for matched betting purposes is a good idea. This is the minimum I would recommend when you are confident in how matched betting works.

How does OddsMonkey work?

There’s a super useful video over on OddsMonkey which basically gives you a great insight into matched betting and how OddsMonkey can help you with it. I can’t embed the video here so head over to OddsMonkey’s website to check it out. Find it on the ‘how it works’ page.

How much does OddsMonkey cost?

There are three subscription options for OddsMonkey. I will cover all 3 of these below…

OddsMonkey Free Trial

The OddsMonkey Free Trial is completely free. It gives you access to offers where you can earn up to £45. This is a great way to dip your toe into matched betting without having to part with any cash on a matched betting service. It’s worth taking your matched betting profits and either putting them into your matched betting fund, or using it to pay for the full Premium subscription.

OddsMonkey Premium (Monthly)

OddsMonkey Premium (Monthly) costs £15.00 per month. It is one of the cheapest, if not the cheapest matched betting service around. It is definitely the best from my experience.

Premium gives you access to all of the training guides, tools, and offers available where you can earn up to £1,000 tax-free per month. For £15 per month, to be fair, you can’t complain.

OddsMonkey Premium (Annual)

OddsMonkey Premium (Annual) costs £150.00 per year. It’s identical to Premium (Monthly) but gives you 12 months for the price of 10. A nice little saving of £30. It’s worthwhile if you want to maximise your matched betting earnings. At the end of the day, that’s why all of us want to do matched betting.

Is OddsMonkey worth it?

From my experience as a beginner, OddsMonkey is definitely worth it. You get access to –

  • Access to over 100+ tutorials
  • Oddsmatching tool, Dutching tool, and Racing Matcher
  • Super useful daily offer calendar
  • Buzzing online community
  • Superb custom support
  • Not tied into any long term contract
  • 30 day money back guarantee

OddsMonkey Review

I hope this OddsMonkey review has been useful. It’s my honest, first hand review of using OddsMonkey for matched betting. If you have any questions, or any suggestions on things I can write to add to this review, or other content ideas then get in contact.

OddsMonkey FAQs

Ok, here’s a list of the questions I get asked the most about OddsMonkey.

Q. How much can I make from matched betting?

A. Roughly about £50 tax-free per hour is the rough rule of thumb when it comes to how much profit you can make from matched betting. With OddsMonkey and a few quid to put down against bet liabilities, you could make around £1,000 tax-free each month. Some can make more than this, some make less, depends on what offers you complete, how much time you put into it, and how much money you can set against bet liabilities.

Q. Am I guaranteed to make money?

A. No, there are no guarantees of what your specific results will be each month. The amount of money you can make from matched betting is dependent on time, money, effort, accuracy, etc.

Q. Why are my matched betting earnings tax-free?

A. Currently, under the UK Law, all winnings from gambling are tax exempt.