OddsMonkey Review 2021 – How I make a tax-free second income with OddsMonkey

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 2018. I joined OddsMonkey instead as it was cheaper and it does everything a beginner needs to make a tax-free second income.

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

Latest Updates

I’m trying to keep this review as up to date as possible since I first wrote it in 2017, I’ll list anything that you’ll probably find useful in this section. You can still, however, find my full OddsMonkey review below.

Update 4th May 2020 – With Covid-19 going crazy, matched betting is a great way to make a second income that’s tax-free. If you want to learn more about matched betting then check out my matched betting articles and guides.

Update 24th September 2019 – OddsMonkey Free Trial just got better! OddsMonkey has just released a brand new Free Trial dashboard. This is welcome news for matched betting beginners as it now helps walk you through, not just the one-off offers, but your entire trial with OddsMonkey. It’s a great way to keep you earning cash. I know that when I first started matched betting, it was all too new and confusing. This definitely is a big step forward.

OddsMonkey Review

Update 15th February 2018 – Making matched betting more trustworthy! The proliferation of matched betting sites and review websites has been insane over the last few years. Now matcher bettors can trust a little more what they read online as the ASA (Advertising Standards Authority) has enforced tougher standards on matched betting software companies. Now you can be a little more sure of what is promoting is less hot air and more accurate. This is great news for matched bettors, especially for beginners.

Matched Betting

Update 14th October 2017 – Proliferation of fake reviews. I’m aware that more negative reviews of OddsMonkey have appeared online in the last few months. From my experience, and reading the reviews that have been published, rating OddsMonkey a lowly 2 out of 5 cannot really be justified – that’s my humble opinion anyway. It’s a tough market out there for matched betting companies vying for new signups so I’d take those reviews with a pinch of salt.

OddsMonkey Review

Ok, this is my review of OddsMonkey – which is a matched betting service that can help you make a second income, tax-free, from matched betting.

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

OddsMonkey Promo Codes

Unfortunately, there are no available OddsMonkey Promo Codes. Instead, you can grab a free trial where you can make up to £45* cash, completely free. That’s more than enough to get you 3 months worth of OddsMonkey Premium…and well on your way to making that tax-free cash.

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.

 

OddsMonkey Dashboard

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.

OddsMonkey Software Review 2021

How much does OddsMonkey cost?

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

OddsMonkey Pricing 2021

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 £19.99 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 a tax-free second income. For £19.99 per month, to be fair, you can’t complain.

OddsMonkey Premium (Annual)

OddsMonkey Premium (Annual) costs £180.00 per year. A nice little saving against the pay monthly plan. 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 Reviews – Genuine Customers

Don’t just take my word for it, here are some genuine customer reviews of OddsMonkey that have been independently published on reviews.co.uk.

Csilla K – I am really happy that I found Oddsmonkey. I only started doing matched betting 2 weeks ago and already made over 300 pounds. I love the Oddsmatcher which makes it so easy and quick to find the right bet for you. Also, the support team is brilliant! I had some issues which were answered and resolved very fast. I am very happy and impressed with all the service I used so far. Well done Oddsmonkey team! :)

Anthony L – The team have made the process so easy to follow and then the back up support and 1-2-1 training sessions are fantastic. I have used the 1-2-1 training twice now and on both occasions it was just like chatting to my mate but the advice was spot on. I was someone who was very nervous ‘gambling’ and how OddsMonkey holds your hand through the initial process put my mind at ease. You guys are doing an amazing job, well done and long may it continue.

Jane D – As an absolute beginner at this I have found the education from the website and the personal support to be first class. There seems always someone around to help with queries and to offer advice. Keep up the good work!

OddsMonkey vs Profit Accumulator

In 2017 I switched from Profit Accumulator to OddsMonkey. I did this because OddsMonkey being the creator of the software that Profit Accumulator used to use then launched their own matched betting software the end-user (that’s me and you). Plus, OddsMonkey were cheaper than Profit Accumulator and did the same job. In the years since I have not looked back and happy that I chose OddsMonkey over Profit Accumulator.

If you are deciding on OddsMonkey vs Profit Accumulator then I would say there isn’t a lot in it to be completely honest. They offer broadly the same amount of service. The major difference at time of writing is that OddsMonkey Premium costs just £19.99 per month or £180 for the year. Profit Accumulator price is £24.99 a month or £39.99 a month depending on which plan you pick, that’s £180 a year or £300 a year respectively. OddsMonkey being cheaper and my preferred matched betting service it’s my personal recommendation.

OddsMonkey Promotional Codes

Unfortunately there are no OddsMonkey promotional codes, but you can get a free trial available where you can make up to £45*. Might as well sign up, get the free trial, make up to £45*, then use that to fund a couple months of OddsMonkey Premium where you can make about £50* an hour / around £1,000* tax-free a month from matched betting.

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.

The Usual Disclaimer

There are no guarantees. Like everything in life. I’m legally required to state that there is no guarantee of specific results each month. The amount of money that you earn can vary dependant on the time and effort that you commit each month. *£45 is an up to figure based on the profit calculations by OddsMonkey from the offers available on the OddsMonkey free trial.

FAQs

Here are some of the questions I get asked most about from this article, OddsMonkey Review 2021 – How I make a tax-free second income with OddsMonkey. I'll try my best to answer any relevant questions that get sent to me when I can.

How much can I make from matched betting?

You can make a tax-free second income but it depends on what offers you complete, how much time you put into it, and how much money you can set against bet liabilities.

Am I guaranteed to make money?

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.

Do you have an OddsMonkey promo code I can use?

There aren't any current OddsMonkey promo codes, but you can grab a free trial.

Why are my matched betting earnings tax-free?

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

Compared to the others out there, is oddsmonkey worth it?

I think so, yes. They built the go-to oddsmatcher that everyone used for the last few years and have a simple, easy to use website that helps you make a second tax-free income.

Can I trust what OddsMonkey is saying about making up to £45 for free?

Yes. In 2018, the Advertising Standards Authority enforced higher standards on sites like OddsMonkey so that now they have to state what is realistic earnings but also have to put a disclaimer saying that there is no guarantee (due to human error, other things out of the users control, or out of OddsMonkeys control). On the whole, the up to £45 figure is a good representation of what most users can make in the free trial.

Is OddsMonkey Premium worth it? Or should I just try to do it myself?

You can ofcourse do it by yourself. I tried this at the beginning and it was a complete nightmare. For the few quid that OddsMonkey costs it will help you reap a lot more money in a much shorter amount of time. On that basis the investment is definitely worth it. Plus, a top tip is to sign up for the OddsMonkey free trial and us that money to help fund your first couple of months of OddsMonkey premium. That's what I recommend if you're keen to make money from matched betting. In short, yes OddsMonkey Premium is worth it.

Is OddsMonkey and matched betting a scam?

No. OddsMonkey is not a scam and neither is matched betting. I know it can seem too good to be true but to be honest you're not going to get rich from matched betting through OddsMonkey. You can make a fair few quid if you put the time in. It's not a get rich quick scheme, a scam, or some sort of pyramid scheme.

Are there any OddsMonkey discount codes?

Unfortunately not as OddsMonkey tends to favour it's free trial promotion so you won't find any OddsMonkey discount codes online (well not that we're aware of anyways). The best bet is to sign up for the free trial, make the up to 45 quid from free bets, and use that to fund OddsMonkey premium.

How do I cancel my OddsMonkey Premium subscription?

You can cancel your Premium subscription from your OddsMonkey dashboard. It's pretty straight forward.

Can you tell me about OddsMonkey vs Profit Accumulator? Is there much difference?

I used to use Profit Accumulator but in 2017 I switched and started using OddsMonkey. OddsMonkey was the original creator behind the software on Profit Accumulator. OddsMonkey then branched out and started selling their own software to people like me and you. They were cheaper than Profit Accumulator when I joined in 2017. All these years later I am happy to stick with OddsMonkey and have zero complaints. OddsMonkey is also cheaper than Profit Accumulator, being only £19.99 per month or £180 per year compared to Profit Accumulators standard price of £24.99/£39.99 per month or £180.00/£300.00 per year.

Have a question, comment, thought?

Go ahead and ask me a question or write your comment below, I will get back to your as soon as I can.