Best Matched Betting Site 2024 – Get The Most Value For Your Money

Best Matched Betting Site

In 2024 which matched betting site currently offers you the best value for your money?

Let’s take a look!

Best Matched Betting Site

If you have been looking into matched betting then it is likely that you have come across either Oddsmonkey or Outplayed. These are the two biggest matched betting services that exist in 2024, there are also some free websites and Facebook groups for beginners. However to really make the most of matched betting (making thousands not hundreds) you need software.

This is where Oddsmonkey and Outplayed really stand out. they can help you make money from every single aspect of matched betting.

How do they compare?

Matched Betting Free Trials

Both Oddsmonkey and Outplayed currently offer free trial periods for their matched betting software. These free trial periods allow you to test out what’s on offer from both matched betting sites.

Outplayed Free Trial

Outplayed require you to to register and give them your email, phone number and then register your card with them to access a 7 day free trial. You are then given 7 days access to the software.

Outplayed Free Trial

The trial allows you to access the training and see the sign up offers that are available. This enables you to get your head around matched betting and also start to make some money from sign up offers without having to spend any of your own money initially.

Overall the Outplayed free trial is a great way to build your understanding of matched betting and also make a profit.

Oddsmonkey Free Trial

Oddsmonkey’s free trial is much more straight forward then Outplayed’s. It simply requires you to create an account using your email address and then you are straight in to the site.

Unlike Outplayed you do not need to provide your phone number or put any payment details in.

Oddsmonkey Free Trial

The free trial shows you how to earn up to £29 from two basic offers. Alongside this there is video training to get you started on your matched betting journey.

Overall Oddsmonkey have the more straight forward sign up process. They are a lot of people that are wary of giving out their payment details and phone number. Oddsmonkey’s trial does not require either of these and has excellent video training to get you started.

The benefit of Outplayed free trial is that you can access to the majority of their software for one week, which allows you to make more money from the free trial period if you want to go all out for the 7 day trial period.

Matched Betting Offers

When it comes to matched betting offers you will find the both sites cover pretty much every offer that is currently available.

  • Sign Up Offers
  • Reload Offers
  • Weekly Bet Club Offers

Oddsmonkey Sign Up Offers

You can see that Oddsmonkey currently offer 51 sign ups offers worth £1,019.

In comparison outplayed sign up offers total £922.

Outplayed Sign Up Offers

There is a small difference between the two with Oddsmonkey offering an extra £97 in potential profit from sign up offers.

Matched Betting Software

Both Oddsmonkey and Outplayed offer a number of different matched betting software tools to help you make money from the sports betting markets.

  • Oddsmatcher (For matching free bets)
  • Matched Betting Calculators
  • Profit Trackers
  • Eachway Matchers
  • 2UP Matcher
  • Accumulator Matcher
  • Racing Matcher
  • Casino Software

They are pretty evenly matched in this respect, with both sites covering pretty much covering every aspect of matched betting.

Oddsmonkey layout
Oddsmonkey Layout

Personally I prefer the look and layout of Oddsmonkey in comparison to Outplayed. I find the site easier to navigate and generally easier to find the information I am looking for.

Outplayed Layout
Outplayed Layout

If you look at a comparison of the two sites. Most people would probably agree that Oddsmonkey has a more appealing layout. In this department I give the edge to Oddsmonkey.

Best Matched Betting Community

A good matched betting community is a huge positive. It can allow to ask question when you are unsure, connect with other members and uncover new edges in the sports betting markets.

Both Oddsmonkey and Outplayed have active communities.

Oddsmonkey Forum

The Oddsmonkey forum is an exceptional place for new and old matched bettors. It is extremely friendly and there is a wealth of information available. There are posts every single day and again much like the rest of the Oddsmonkey site. It is very easier to navigate and nice to look at.

Outplayed have a community Facebook group that answers questions and has over 57K members. Similar to Oddsmonkey it is very active and any questions you have will be answered. Out of the two however I have preferred to spend my time with Oddsmonkey.

Support

Both Oddsmonkey and Outplayed offer numerous levels of support.

  • Live Chat
  • Email
  • Facebook Messenger
  • Phone Number

Outplayed Support

In this regard the only difference between the two matched betting sites is that Outplayed offer a phone number which Oddsmonkey do not. Overall it is fair to say that both sites offer an excellent level of support should you have any issues with matched betting.

0% Commission

One of the big benefits of joining one of the big matched betting sites is the ability to get 0% commission on your betting exchange account. Betting exchange accounts allow you to lay bets and guarantee a profit from the free bets that bookmakers off. The standard commission amount for most exchanges is 2%

For example if you were to make a £10 lay bet on you exchange account and it won the commission would be £0.20. Once you become comfortable with matched betting and start using all the strategies you will start to turnover more money.

Matched Betting Exchange Account

This month my exchange account has turned over £54,646 in one month, when you factor in 2% on this amount of turnover and then look at it over the course of the year. You can understand why access to a 0% commission account is a huge benefit to a matched bettor.

For every £100 in profit you make from matched betting, using a 0% commission account will get you an extra £2. In comparison to the usual 2% rate.

When it comes to 0% commission deals, Oddsmonkey is the superior matched site. Offering 0% with;

  • Smarkets
  • Betconnect
  • Matchbook
  • Betdaq

Outplayed do offer 0% commission with a few exchanges. However Smarkets and Betconnect are exclusive to Oddsmonkey.

Subscription Costs

Outplayed and Oddsmonkey are fairly evenly matched in many area’s. Oddsmonkey probably edge things on the 0% commission deals and superior layout.

How do they compare in cost?

Oddsmonkey StandardMonthlyAnnual
£29.99£249.99
Outplayed PlatinumMonthlyAnnual
£39.99£350

Both sites also offer premium memberships which give you access to advanced matched betting software and advanced casino offer software. Which the majority of new matched bettors are better leaving till a later date. Once they have already made good money from the standard offers.

Oddsmonkey All AccessMonthlyAnnual
£49.99£350
Outplayed DiamondMonthlyAnnual
£49.99£450

In terms of subscription costs Oddsmonkey clearly offer the cheaper options with their standard monthly rate being £10 cheaper. Additionally their annual subscription offers are also cheaper.

Best Matched Site 2024 – Conclusion

Oddsmonkey are the clear winner when it comes to answering the question what is the best matched betting site in 2024?

They win this category for a number of reasons;

  • Cheaper Subscription
  • Stronger Community
  • More innovative
  • More Friendly Layout

If you are looking to start matched betting out suggestion would be to take a free trial with Oddsmonkey and start making a profit today!

Matched Betting Alternatives – That Really Work!

Matched Betting Alternatives

Matched betting is without doubt one of the easiest ways to make money online. It is so simple and effective, however unfortunately after a while the free bet offers dry up and you are left looking for alternatives!

In today’s article we are going to look at the matched betting alternatives that can enable you to keep making money online. These are methods that I have used myself to consistently make an additional income over a number of years.

Matched Betting Alternatives

Cashback Offers

Cashback offers can be a great source to make some additional income. If you have done matched betting then you will find that the process of making money from cashback offers is very similar. The majority of these cashback sites will also give you a bonus just to sign up.

There are some high value cashback offers that are available with a few casino’s which are very profitable. These are easy to complete and profit from much like a matched betting offer. 

Let’s take a look at a simple example.

Casino Cashback

 

This is a great value offer worth around £18.

1. Sign up to Quidco using this link if you haven’t already (This is a free account and gets you an additional £15 sign up bonus.)

2. Search for Pokerstars Casino offer and sign up

2. Deposit £30 into Pokerstars Casino

3. Play through £30 on Live Blackjack on low stakes £5 or below – here is a guide for optimal blackjack strategy

4. Withdraw your money and wait for your cashback to be credited

Breakdown Of  The Offer

Wager £30 on blackjack 99.5% rtp = -£0.15 (On average you will lose an estimated £0.15 long term from wagering)

Get £18.75 Cashback – -£0.15 For wagering

Expected Value = £18.60 + £15 sign up bonus = £33.60

This offer can also be done with Topcashback where cashback is higher at £25, however you will not get the £15 sign up bonus. If you already have both a Quidco and Topcashback account then it is worth completing the offer with Topcashback.

There are several other casino cashback offers with Casino’s that you can take advantage of!

Click Here For Our Guide To Casino Cashback Offers

Much like matched betting there is not an unlimited amount of cashback offers to profit from. However it is an easy way to generate some tax free money with very little effort.

Switching Banks

Did you know that some banks will pay you money just to switch over to them?

Sometimes you can get these deals directly with the banks, other times you use cashback sites such as Quidco or TopCashback. Deals tend to change month by month but there are opportunities to switch banks and earn hundreds over the course of a year.

Matched Betting Alternative
Current Offers in February

Something that you do need to check when you switch banks is the terms and condition of these offers. For example if you wanted to take advantage of the TSB £40 offer.

You would need to meet a few terms such as;

  1. Within the first 90 days of your account being open you register for Internet Banking.
  2. Pay in at least £500 each month.
  3. Make at least two debit payments out of your account each month.

These terms are fairly common for switching offers but it is something that you should always be aware of. Some people set up secondary accounts for side hustles such as matched betting, reselling etc. Then utilize these accounts for switching banks every time an offer comes up.

One of the best sites for up to date bank offers is Money Saving Expert.

Free Share Offers

Taking advantage of free shares is an additional way to make some extra money as an alternative to matched betting. The terms for these offers can differ but the easiest offers simply require you to deposit in order to get a free share. Once you have received your share you can then sell it and bank the profit.

For example if you open a new account with Freetrade and deposit £50 you get a free share worth between £10-£100.

Free Shares

All you need to do is wait for the share to be credited, sell it and then withdraw the initial deposit with the additional profit.

Like matched betting these offers require a little bit of money to get started. However it is an incredibly easy strategy to generate some extra income online.

These offers change over time, below we have listed some of best offers currently available;

  1. Free Trade (Ref link) – Free share between £10 – £100 (deposit at least £50)
  2. Trading212 (Ref Link) – Free Share between £8 – £100 (deposit at least £10)
  3. Stake -Free share worth up to £90.

Arbitrage Betting

If you have tried your hand at matched betting, then arbitrage betting is a logical next step!

A lot of people stop using there bookmaker accounts when they stop receiving matched betting offers. This leaves a lot of extra profit on the table. There are also bookmakers that never offer any promotional offers.

However arbitrage opportunities are available with the majority of bookmakers. This is a really easy way to make money if you understand the strategy.

Arbitrage opportunities occur when the odds from either bookmakers or exchanges (or both) can be combined to guarantee a profit no matter the outcome.

Simple Arbitrage Bet

Above is an example of a really sports arbitrage bet between Talksportbet and Smarkets.

You back the both teams to score at odds of 3.25 and lay the outcome at 3.05.

This creates a situation where you cannot lose!

A profit of either £2.28 or £2.30 is made from a £35 stake. Whilst this is not huge profit, there are lots of arbitrage betting opportunities every single day. Especially at weekend when there is so much sport going on.

As you become more confident in the strategy larger stakes can be used to increase your profits per arbitrage bet.

There are a lot of upsides to arbitrage betting!

  • Tax Free
  • Simple To Learn
  • Low Risk
  • Can Start With a Small Amount Of Capital 
  • Opportunities On a Daily Basis

These small tax free profits add up and they are a great way to use bookmaker accounts that no longer have any use for matched betting. It is also a good strategy to use on bookmaker accounts that don’t offer any matched betting offers on sign up.

Why doesn’t everyone just do this then and become a millionaire if its so easy? 

Great question from the pessimist in the back!

Eventually the bookmaker you are placing arbitrage bets with (arbing) will realize what you are doing. Limiting or banning your account so you are unable to do this anymore. However if you are not profiting from that account or are someone that bets recreationally (loses money.) Then this isn’t really an issue, you may as well take the easy money whilst it’s there.

If you want to start arbitrage my suggestion would be to use Oddsmonkey, this is the lowest cost arbitrage software to get started. It also has several other tools and uses to help you make money from sports betting.

Click Here For Your Free Trial.

Other Matched Betting Alternatives

Above we have listed some of the easiest matched betting alternatives there are. If you are looking to make some relatively stress free money without putting in a lot of time. These are great methods to use.

If you are looking for a longer term income that could potentially replace your full time income, or perhaps be a side income that generates money for years to come. Then there are other alternatives that require more work to get going.

Affiliate Earnings

  • Blogging
  • Youtube
  • Freelancing
  • Affiliate Marketing
  • Reselling

Are ways that I have used to make an extra income alongside matched betting initially and then as an alternative. However each of these subjects could be its own article. 

If you are interested in any of these subjects you can leave a comment.

Conclusion

In this article we have covered various different alternatives to matched betting. These methods will not turn you into a millionaire overnight. However they are a relatively simple way to make some extra money online.

  • Cashback Offers
  • Bank Switches
  • Free Share Offers
  • Arbitrage Betting

Out of the four we have covered, arbitrage betting is probably the one that offers the most profit. Arbitrage is not just available online but you can also use this strategy with retail bookmakers that have shops. If you have come to this article as you have finished with matched betting, then you should also find the process very similar and easy to implement.

Click Here For Our Guide To Sports Betting Arbitrage