More and more people are moving from matched betting into sports trading.
Matched betting is a great way for anyone to get involved in the sports betting and trading markets as it is the easiest way of making money. Eventually bookmakers remove any bonus eligibility from your account or in some cases (Boylesport) close your account all together.
Matched betting is a great introduction into sports trading as it shows people that money can be made from the bookmakers. You should also become familiar with the betting exchanges and how they function.
Life after matched betting what’s next?
First off you should still have a lot of bookmaker accounts left. There is still the potential to make more money from these accounts and value betting is probably one of the best ways of doing it.
By exploiting the fact that many bookmakers move their odds slower then the sharper Asian bookmakers such as Pinnacle we can find odds that offer good value.
At this point you are familiar with the betting exchanges and are looking to start making money trading. There are lots of potential options with sports trading.
Which sport? Pre match or in play? Lay drifting horses? Back potential steamers? Lay low odds in Tennis?
Its important to find your focuses and break down the sport that suits you best. Which sports are you most knowledgeable about? How much time have you spent looking at the markets? What have been your most profitable markets?
Matched betting might have allowed you to build up a big enough bank to consider going into sports betting.
One way of taking on sports betting is to build up a portfolio of proven profitable tipsters and looking at sports betting as a long term investment.
This is the big difference from matched betting to sports trading and betting. If you have been matched betting you will be used to constantly racking up the profits but trading and betting is a different animal.
Losing money is never pleasant but it is inevitable that at some point you will lose money and you have accept this as part of the game.
If you look on social media you tend to see lots of nice screenshots of winning trades or people going 5/5 in sports betting for the day. If you are not experienced this might give you the impression that sports bettors and traders rarely lose but in truth everybody has losses.
Once you accept that losses will happen it makes it much easier to find long term profitability as you aren’t constantly changing strategies, sports or tipsters.
Learn about variance
This ties into the above buts it is really important to learn about variance.
Variance in the short term can make us believe an unprofitable strategy is profitable and a profitable strategy unprofitable.
If you start to build an understanding of variance then it diminishes the stress and shock of losing periods or losing trades.
I remember when I first started searching for a proven betting system googling the term “betting systems.”
There was all sorts of progressive staking systems, martingale systems, stop at a winner systems, progressive laying systems. The fact was though that none of these betting systems held up to any long term analysis and would normally blow your bank if you followed them for long enough.
But after researching a bit longer I found a few betting systems that did actually work.
Here are four betting systems that I have used over the years.
Which continue to be profitable in the year 2020.
Proven Betting System 1 – Arbitrage Betting
Sports Arbitrage betting is something that I still use on the occasion as part of my portfolio. Arbitrage betting involves covering every outcome of an event. In order to guarantee a profit no matter the outcome.
Here is an example of a number of arbitrage bets found using the software rebelbetting.
For example if we take one of the arbitrage bets above.
There is a 3.7% arbitrage bet between The New Saints and Bala in the Welsh division.
In the draw no bet market The New Saints could be backed at 1.53 with Marathonbet and Bala could be backed at 3.2 with William Hill.
For every £100 risked across both outcomes a profit of £3.7 could be guaranteed.
With arbitrage betting you can make several of these bets every day and gradually build up your bankroll with almost zero risk.
It is a system that once you understand can be used again and again.
Negatives of arbitrage betting?
The only issue with arbitrage betting is that it has a limited life cycle. Bookmakers will eventually limit arbitrage bettors accounts once they see that they are not going to be profitable customers.
Arbitrage betting is a great way to build up a betting or trading bankroll. Before you move on to betting or trading with exchanges and Asian bookmakers.
Value betting is similar to arbitrage betting as it involves exploiting the soft bookmakers. A value bet involves looking for odds that are out of line with the sharp Asian Bookmakers or betting exchanges.
Given that the odds at sharp bookmakers and betting exchanges are quite efficient in big markets. The betting exchanges and sharp Asian bookmakers often offer close to the true odds of an event. Sometimes when there is odds movement on these events soft bookmakers will be slow to move their odds.
Consistently betting on odds above the Asian bookmakers and betting exchanges has proven to be profitable.
The advantage that value betting has over arbitrage betting is that you generate a much higher turnover and use lower stakes which may make your accounts last longer then conventional arbitrage betting.
A lot of bookmakers will also offer value accumulators often on a weekly basis as part of odds boosts or special promotions.
Negatives of value betting?
Again the only downside to consistently taking value bets is that soft bookmakers will eventually see that you are able to make money from them and will limit or close your account.
However if you plan to make money from sports betting. Getting banned from soft bookmakers is going to happen whichever way you choose to make money from them.
There isn’t many downsides to matched betting. Bookmakers will stop giving you promotions eventually. But as discussed before this is what happens when you become a profitable sports bettor.
So there you have 3 proven betting systems that are currently working in 2020. Which should also prove be profitable in the long term.
Each of these betting systems involve exploiting soft bookmakers.
This is really the best way to start making money from the sports betting markets and allows you to build up a nice trading bankroll or good second income.
Proven Betting System 4 – Betting On Team News
One proven betting strategy that you might know is reacting quickly to team news.
Odds can rapidly change on the basis of team news, if you have a good knowledge of the teams that are playing.
Then you will often be able to secure yourself a value bet.
Here is a good example of how odds can change when a teams lineup is announced.
In this example I have highlighted the point at which team news was announced.
This was a Europa League between Arsenal and Standard Liege.
Arsenal announced a weaker side then expected, from this news the odds on Arsenal drifted quite significantly before the game started.
If you were familiar with the teams and reacted to the information you would have been able to secure yourself a value bet on Standard Liege. Due to the fact that Arsenal’s odds were drifting so the odds on the draw and Standard Liege would have to shorten.
This is a really effective strategy and if you have access to betting exchanges you can often secure yourself a profit before the game even starts.
Here are two videos which explain this strategy in more detail.
Which betting systems have you found to work best?
Oddsmonkey Review – Can you still make £500 a month from matched betting?
That is the question that I want to answer in this Oddsmonkey review.
Matched betting is the quickest, most efficient way to build up a betting or trading bank. If you are looking to make a low risk second income online its one of the best options available.
There are several matched betting services out there but the big question is which offers the best value?
Oddsmonkey vs Profit Accumulator is a discussion that arises often between matched bettors. For me personally as someone that has been matched betting for many years on a large scale there is clearly one service that offers the most value.
In this article I will be reviewing the Oddsmonkey premium service which costs £17.99 a month.
OddsMonkey have been around for a long time and originally just offered their excellent odds matching software as a subscription. Seeing the success of other matched betting services.
Odds Monkey decided to offer there own service. This is the service I will be reviewing.
The OddsMonkey premium service offers a load of useful software and applications for matched betting and arbitrage.
Here is a list of the contents of this review..
1. Matched Betting Tutorial
2. New Customer Sign Up Offers
3. Bingo and Casino Offers
4.Oddsmatcher software (odds matching software for arbitrage and matched betting)
5. Racing Matcher
7. Each Way Matcher
8. Extra Place Matcher
9. Matched Betting Calculators
11. Acca Matcher (accumulator software that profits from bookmaker promotions)
12. Matched Betting Forum
13. Daily Offer Calendar
14. My results with Oddsmonkey
15. Final Verdict
Matched Betting Tutorial
For those that are new to matched betting and not completely confident. Oddsmonkey offer an excellent tutorial explaining everything you need to know about matched betting.
Even including a free membership which guides newcomers through a step by step process of 3 sign up offers.
Oddsmonkey Review – New Customer Sign Up Offers
Oddsmonkey lists and updates regularly all of the best bookmaker sign up offers available. From these bookmaker sign up offers alone it is possible to make over a £1000. The premium service gives you exact instructions on how to extract money from these offers.
You can then use the Oddsmatcher software included with Oddsmonkey to find the best possible odds for your free bets.
A subscription to Oddsmonkey allows you to go through the whole process as efficiently as possible. Whilst also highlighting any new opportunities that arise.
Oddsmonkey Review – Bingo and Casino Offers
Bookmaker offers are the not the only focus of the Oddsmonkey service. Oddsmonkey also highlights the best opportunities available from bingo and casino companies. Again the instructions are laid out very simply and are easy to follow.
The mathematics behind why these offers are profitable is explained in well written guides.
Whilst new offers are added and existing offers are also being updated frequently.
Oddsmatcher software (odds matching software for arbitrage and matched betting)
One of the stand out features of the Oddsmonkey premium membership is the Oddsmatcher software.
The Oddsmatcher software allows you to to filter the odds, bookmaker, date. sport, betting exchange that you want to see. This allows find qualifying bets and odds matches for your free bets extremely easy.
Oddsmatcher is extremely easy to use. It is quick at processing the information you input. Whilst it can also be used to find arbitrage bets and value bets.
Oddsmonkey have really created an excellent piece of software with the Oddsmatcher software. its a joy to use.
Racing Matcher is a piece of software created by Oddsmonkey to make profiting from horse racing offers as easy as possible.
It highlights the races for the day. Which offers are available for each race. What the qualifying condition for the race is e.g free bet if a faller.
Then it shows you the current odds available at both bookmaker and exchanges. Showing you the potential profit or loss for the qualifying bet.
Again its all about speed and efficiency with Oddsmonkey software. The racing matcher allows you to take advantage of horse racing offers in the quickest possible way.
Tennis Matcher uses the same process as the software racing matcher but this time for tennis offers.
When big tournaments such as Wimbledon come around. The tennis matcher is a superb piece of software. It allows you to really take advantage of the opportunities available. With a lot of money to be made from tennis offers this software gives you the most efficient way to extract profits.
Each Way Matcher
How much more software is there?
Oddsmonkey really go all out to provide everything you need for matched betting.
So there is quite a bit more.
Lets take a look at the each way matcher.
Each way betting involves backing horse in both the win and place market. Due to the way bookmakers calculate an each way bet it can be open to exploitation. You can exploit these situations by guaranteeing a profit from backing at a bookmaker and laying with an exchange.
The eachway matcher highlights these opportunities. Calculates the stakes you need to make a profit and updates every 30 seconds. Meaning that any new matches will appear as the odds create a profitable eachway bet.
Extra Place Matcher
Often when there is a big horse racing festival. Bookmakers will offer a special promotion paying out extra places.
This then creates situations where you can back and lay a horse. Should they finish in that extra place spot for example 5th. You can win both the back bet and the lay bet.
These opportunities can be extremely profitable. Oddsmonkey created the extra place matcher to take advantage of these scenario’s.
Highlighting the best extra place opportunities and doing all the calculations for you.
Matched Betting Calculators
Alongside all of the software mentioned above.
Oddsmonkey also provide 12 different matched betting calculators. Which cover pretty much every situation you find yourself in.
2. Each way calculator
3.Each way reverse calculator
4. Each way extra place calculator
5. Risk free equal profit calculator
6. Trigger bet calculator
7. Rule 4 calculator
8. Early payout calculator
9. Sporting Index calcultor
10. Dutching calculator
11. Unwanted lay calcultor
12. Win bonus calculator
Matched Betting Spreadsheets
Once you start matched betting and see how profitable it is. It’s likely that you going to start hitting hundreds of offers each month. Keeping track of all these offers and your profit can be quite hard work.
Luckily Oddsmonkey provide 14 different ready to use spreadsheets formatted in Excel.
Simplicity, speed and efficiency for matched betting is the ethos behind Oddsmonkey. These spreadsheets again are an emphasis for this.
Acca Matcher (accumulator software that profits from bookmaker promotions)
Do you want to learn how to make money from accumulator offers?
The Acca matcher will show you exactly how to do that. Whether you wish to take a value betting approach and let your accumulator bets run. Or lay each bet sequentially to guarantee a profit. Perhaps you want to mix your approach and let your initial bets run and lay the last two.
Oddsmonkey’s Acca matcher does all the hard calculations for you. Highlighting the most profitable opportunities available at the time.
Matched Betting Forum
The popularity of Oddsmonkey has grown and grown over the last few years. As this has happened so has the community.
Oddsmonkey now has a very active forum with lots of helpful individuals giving out advice.
There are threads for beginners, threads pointing out profitable odds boosts, discussions on how to make the most of matched betting.
For those that want to become part of an educated matched betting community. The Oddsmonkey forums are a great place to be.
Daily Offer Calendar
Recurring offers are pretty prevalent among bookmakers and casino’s. The daily offer calendar captures all of these recurring offers. It then presents you with instructions on how to complete the offers. Along with an estimated profit upon completion of the offer.
From April 2017 till April 2018. I took on a challenge to try and make£50,000 in a year. Using recommended services from my blog alongside some of the betting/trading methods I have written about.
Here are my results from matched betting and arbitrage. Oddsmonkey was the service that I used primarily for these two betting methods
This trial will show you how to earn up £45 for free.
Giving you access to the introduction guide which will show you step by step how make money from matched betting.
Oddsmonkey Review – Still The Best Matched Betting Service In 2020?
Whenever I do a review, I like to highlight any negatives I find within a service.
But truth be told Oddsmonkey is really an exceptional service.
You get your value for money with OddsMonkey. It is really the complete package offering anything you need for matched betting.
There is a huge amount of content and useful software included in your membership.
The website is very well put together and easy to navigate. For the new or advanced matched bettor. Oddsmonkey have really made it easy for you to find what you need very quickly.
Really what stands out about OddsMonkey is how sleek, efficient and easy to navigate everything is.
They have packed so much software and content into the service yet I was familiar with it all within a few minutes.
OddsMonkey have really done an excellent of providing the best aspects of what Profit Maximiser have done. Then added as much value as they can on top of that.
There isn’t anything bad about this service for £19.99 a month it is exceptional value.
The Odds Monkey Premium service is excellent and I would highly recommend it to anyone that was looking to start matched betting it is the complete package.
For those that are experienced matched bettors the tools and software that come as part of the OddsMonkey package make life very easy.
This is the best matched betting service that I have used. You should easily be able make much more then the subscription price of £19.99 a month using the Oddsmonkey Service
I look at it as an investment that offers a great return. You can be making profits of over a £1000 a month using this software.
It gets top marks for me its a five star product and highly recommended.
(This article features affiliate links. This means that if you choose to make a purchase, I will earn a commission. This commission comes at no additional cost to you. I use or have used any product I review. If I recommend them it is because I believe they are helpful, useful and offer value to their customers. Please do not spend any money on these products unless you feel they will give you value or that they will help you achieve your goals.)