OddsMonkey is one of the most well-known matched betting services in the UK, used by thousands of people to profit from bookmaker free bets and promotions. But is it actually worth paying for in 2026?
In this in depth OddsMonkey review, I’ll cover exactly how it works, what you get for your money, the pros and cons, and whether it’s the right choice for beginners or experienced matched bettors.
Oddsmonkey Video Review
If you prefer video content we have reviewed Oddsmonkey below.
(updated video review)
What Is OddsMonkey?
OddsMonkey is a matched betting platform that provides tools, tutorials, and real-time bookmaker offers designed to help users make consistent profits from betting promotions.
Matched betting itself is not gambling in the traditional sense. Instead of relying on luck, you use free bets and promotions to cover all possible outcomes of an event, locking in profit regardless of the result.
OddsMonkey simplifies this process by showing you:
- Which offers to complete
- How to place each bet step by step
- How much profit you can expect
How Does OddsMonkey Work?
OddsMonkey works by combining several core tools into one platform:
- You choose a bookmaker offer from the dashboard
- OddsMonkey shows you the best matching lay or back bet
- You enter the figures into a calculator
- You place the bets and collect the guaranteed profit
This removes guesswork and significantly reduces the risk of mistakes, especially for beginners.
Key Features of OddsMonkey
Odds Matcher
The Odds Matcher is the main feature most users starting matched betting care about. It scans bookmaker odds and betting exchanges to find the closest matches, helping you minimize qualifying losses and maximise free bet profits.
This alone can save hours compared to manually searching for odds.
Matched Betting Calculators
OddsMonkey includes a wide range of calculators, including:
- Qualifying bet calculators
- Free bet calculators
- Each-way calculators
- 2-up and early payout calculators
These ensure your stakes are always correct, which is critical for guaranteed profit.
Step-by-Step Tutorials
One of OddsMonkey’s biggest strengths is how beginner-friendly it is. Each offer comes with:
- Clear instructions
- Screenshots
- Plain-English explanations
Even if you’ve never placed a bet before, the learning curve is manageable.
Daily Offer Updates
The platform is constantly updated with:
- Bookmaker sign-up offers
- Reload offers
- Casino promotions
You’ll always know which offers are worth doing and which to skip.
Community & Support
OddsMonkey has an active forum where members share:
- Tips
- Boosted odds and profitable offers
- Advanced strategies
Support is also available if you run into issues with bets or calculations.
0% Commission Exchange Deals
OddsMonkey users often get access to 0% commission deals on betting exchanges like Smarkets, which can significantly increase long term profits. This is often an understated part of the service however in the long run it can enable you make thousands more in profit compared to a 2% commission.
How Much Does OddsMonkey Cost?
Oddsmonkey have three different tiers depending on your experience level and what the approaches you want to use. The software has evolved over time to be much more then just a matched betting service and now also several value betting tools available. If you are new to matched betting then the starter subscription is the place to start.
| Tier | Starter | Advanced | Pro |
| Price | £39.99 | £49.99 | £149.00 |
| Software | All matched betting software | All matched betting and plus EV casino software | All matched betting and casino software, alongside value betting software. |
Is There A Free Trial?
Yes Oddsmonkey offer a free trial which enables you to see learn how matched betting works and make some profit before you pay for a subscription.
Oddsmonkey Discount Codes
Oddsmonkey do run discount promotions from time to time. Usually you will find them around Black Friday and when the Cheltenham horse racing festival is on.
Currently there are no discount codes available.
How Much Money Can You Make?
Earnings vary depending on:
- Time invested
- Available bankroll
- How many offers you complete
Rough estimates:
- Beginners: £300 – £600 in the first month
- Ongoing users: £100–£400 per month from reload offers and boosted odds
Profit does generally vary a lot from person to person. Throughout my 10+ years of sports betting and matched betting I’ve known people to clear £1k a month without issue. Whilst other make about £500 and then decide that they have had enough and don’t want pursue anything other then sign up offers.
The people that do the best are the ones that build up profit from bookmaker sign ups and then move onto betting boosted odds, casino offers and reloads. This is by no means a get rich quick scheme, but it can be a reliable side income when used consistently.
Pros and Cons of OddsMonkey
Pros
- Excellent tools and calculators
- Beginner friendly tutorials
- Huge range of bookmaker offers
- Active community and support
- Potential to make steady, low risk profits
- Generate a tax free income
Cons
- Monthly fee high compared to competitors (See Profit Maximiser)
- Can become less profitable over time as accounts are restricted
- Interface may feel overwhelming at first
Is OddsMonkey Legit and Safe?
Yes, OddsMonkey is a legitimate, long-running UK company and matched betting itself is legal.
That said, bookmakers can restrict or close accounts if they believe you’re abusing promotions. This is normal and not a sign of wrongdoing, but it does mean profits naturally slow down over time. In terms of making money online it is one of the easiest and most profitable strategies I have ever used.
Who Is OddsMonkey Best For?
Beginners
OddsMonkey is one of the best platforms for beginners thanks to its tutorials and guided approach.
Side Hustlers
If you’re looking for a low risk tax free side income and can dedicate a few hours per week, OddsMonkey can be very effective.
Experienced Matched Bettors
Advanced users will still benefit from the value betting tools and 0% exchange deal.
OddsMonkey vs Alternatives
Compared to competitors like Profit Maximiser, OddsMonkey generally offers:
- More advanced tools
- Better exchange integrations
- A sleeker layout
The other alternative to Oddsmonkey is Outplayed, however they are both now owned by the same company and offer a very similar product at the same price range.
Final Verdict: Is OddsMonkey Worth It?
OddsMonkey remains one of the most powerful matched betting platforms available in 2026.
If you’re willing to put in the time, follow instructions carefully, and accept that profits decrease over time, it can be a very effective way to make extra money online.
For beginners in particular, OddsMonkey is still one of the strongest starting points in matched betting.
(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.)