OddsMonkey Review 2026: I Tested the Matched Betting Tool
Try OddsMonkey free
The free trial lets you complete a couple of sign-up offers and bank real profit before paying a penny. Many people make £40–£200 in the trial alone.
Start the OddsMonkey free trial →18+ · BeGambleAware.org · matched betting is low-risk, not risk-free
Searched "OddsMonkey review" and found a wall of pages that all happen to recommend it — and earn a commission if you join? This one earns a commission too (we say so above), so we've done the opposite of a sales pitch: an honest, detailed test of what OddsMonkey is, what it costs, how much you can realistically make, where it falls short, and — the question everyone actually has — whether it beats Outplayed.
I run fault.bet, a tennis trading and betting-data service, so betting tools are my day job. This review covers the lot: the OddsMatcher and the family of specialist matchers, the training, the full pricing, a worked example, the realistic profit numbers, the gubbing catch, and a straight OddsMonkey vs Outplayed verdict. If you want the matched-betting concept explained from scratch with a fully worked free-bet example, our Outplayed review goes even deeper on the basics — the two pair up nicely.
What is OddsMonkey?
OddsMonkey is one of the two biggest matched betting services in the UK — a subscription platform that hands you the software, the daily offer list and the training to turn bookmaker free bets and promotions into real, withdrawable cash. It launched in 2015, has grown to 300,000+ members, and carries an "Excellent" Trustpilot rating.
If you've read our Outplayed review, here's the thing to know up front: OddsMonkey and Outplayed are now owned by the same parent company. They share a lot of underlying technology, which is why the "which is better" question is more about packaging, price and polish than two wildly different products. We'll settle that head-to-head below — but the short version is that OddsMonkey tends to be the cheaper, friendlier on-ramp.
The premise is simple: bookmakers spend heavily to attract and keep customers — "Bet £10, get £30 in free bets," money-back specials, acca insurance, casino bonuses. Matched betting is the method for converting those offers into guaranteed-ish profit by covering every outcome, and OddsMonkey is the toolkit and teacher that makes it quick and close to foolproof.
How OddsMonkey works
The daily loop is the same whether it's your first offer or your fiftieth:
- Open the offers calendar. OddsMonkey curates the day's worthwhile offers — sign-ups, reloads, racing specials, casino — each with an expected-profit guide.
- Pick an offer and follow the walkthrough. Every offer has a written guide and, for most, a video. It tells you what to back, where to lay, and the exact stakes.
- Use the right matcher. The OddsMatcher (and the specialist matchers) find the closest back/lay pairing so your qualifying loss is tiny.
- Place the bets, log the profit. The calculators give you the lay stake; the profit tracker records the gain so you watch the total climb.
The platform's job is to remove every decision that could go wrong — the maths, the selection, the timing — and leave you copying, pasting and clicking.
A worked example you can follow
Take a typical "Bet £10, get £20 in free bets" sign-up. Matched betting is a two-step move: a small qualifying bet to unlock the free bet, then the free bet itself, where the profit lives.
Step 1 — qualifying bet
Back (at the bookie)
Lay (at the exchange)
Step 2 — the free bet (the profit)
Back (with the FREE bet)
Lay (at the exchange)
OddsMonkey's free trial lets you do exactly this on a couple of offers before you pay. The calculator hands you the £15.40 lay stake; you never work it out yourself. And because OddsMonkey carries the full set of sign-ups, the first few weeks reliably produce £850+.
See the offers list yourself
The free trial unlocks the OddsMatcher, the calculators and a starter set of offers — enough to bank your first profit and decide if it's for you.
Start with OddsMonkey →Free trial · no card needed to look around · 18+
The features, in depth
OddsMonkey's calling card is the breadth of its matchers. Where some services give you one odds-matcher and leave you to figure out the rest, OddsMonkey has a dedicated tool for almost every offer type.
OddsMatcher
The core engine — scans all major UK bookies against the exchanges in real time and ranks matches by how close the back/lay odds are, for the smallest qualifying loss.
2Up Matcher
Finds the games for "2 goals up and paid early" offers — one of the most reliable +EV reloads in football.
Each-Way & Extra-Place Matcher
Surfaces the races where extra-place offers tip the maths in your favour. Strong long-run value on racing.
Dutch & BOG Matchers
Dutching tools and Best-Odds-Guaranteed matchers for racing advantage play — coverage most rivals don't match.
Acca Finder
Builds and tracks accumulators for acca-insurance and acca-bonus offers, telling you which legs to lay and when.
15+ calculators
Matched-betting, each-way, accumulator, dutching and more. Put in your odds; it returns the lay and your locked-in profit, then logs it.
1-to-1 phone support
A genuine differentiator: new members can get one-to-one phone support, on top of live chat, email and a big community forum.
0% Smarkets deal
OddsMonkey members can get 0% commission at Smarkets for a period each month — which can save close to the whole subscription fee.
The matcher breadth is the real edge
If Outplayed's standout is its training, OddsMonkey's is the 2Up, Each-Way, Dutch and BOG matchers. Once you're past the sign-ups, your monthly income comes from reloads — and having a purpose-built tool for each offer type means you spot and bank more of them, faster. The 0% Smarkets commission perk is the underrated one: exchange commission quietly eats into every lay you place, and wiping it out for part of the month can offset most of the subscription on its own.
Training and interface
OddsMonkey's training is very good — clear, sequential, beginner-first — and its interface is arguably the friendliest in the space, which matters more than people admit: the number-one reason beginners quit is confusion, and a clean UI plus phone support keeps more people going. Outplayed's training library is marginally deeper, but OddsMonkey is the easier first experience.
How the matchers turn into money: a 2Up example
OddsMonkey's signature reload is the 2Up offer — "if your team goes two goals ahead, we pay you out as a winner, even if the match is later drawn or lost." It's the clearest example of why the specialist matchers earn their keep.
Back (at the 2Up bookie)
Lay (at the exchange)
You'd never want to hunt those fixtures by hand. The 2Up matcher lists exactly which games qualify and the best back/lay pairing, turning a fiddly offer into a few clicks. Multiply that across a weekend's football — plus each-way and BOG racing offers from the other matchers — and you can see how the £300–£500 monthly reload income gets built.
OddsMonkey pricing & tiers
Here's the pricing picture. Note: these are figures at the time of writing (June 2026) and OddsMonkey runs frequent discount codes and changes tiers — always confirm on the live pricing page.
| Plan | Price (approx.) | Best for |
|---|---|---|
| Free trial | £0 | Trying it and banking your first ~£40–£200 |
| Premium | ~£39.99/mo or ~£220–£250/yr | Beginners & most users — the standard plan |
| All Access | ~£49.99/mo or ~£299.99/yr | More tools/offers for higher-volume users |
| Pro | ~£149/mo or ~£999/yr | Serious bettors with a four-figure bankroll |
The standout value points: the annual plan is far cheaper than paying monthly (often a ~48% saving) and most members cover it inside their first week or two of sign-ups; discount codes are common, so it's worth searching for one before you subscribe; and the 0% Smarkets deal can offset a big chunk of the fee for active users. As ever, start on the entry tier — the Pro plan only makes sense once you've exhausted the beginner offers and have the bankroll to use advanced value tools.
Bank your first profit on the free trial
Start free, run a couple of sign-ups, and only pay once you've seen it work. The annual plan pays for itself fast.
Get started on OddsMonkey →Free trial · annual plan ~48% cheaper than monthly · 18+
How much can you really make?
The honest shape of it is identical to every matched betting service, because the offers come from the same bookmakers. The sign-up phase is the easy money — £850+ is a near-universal experience and it's why the free trial is such a low-risk decision. After that, £300–£500 a month from reloads is realistic for under an hour a day, and the most committed users with bigger bankrolls push higher.
The same caveats apply, and OddsMonkey can't change them: it's front-loaded, it's active (a part-time job, not passive income), and it declines as offers run out and accounts get gubbed. Treat the bigger "£1,000+/month" figures as a ceiling for committed users, not a baseline.
Getting started with OddsMonkey
Start the free trial
No card needed to look around. The trial includes a starter set of offers and the OddsMatcher.
Open an exchange account
Betfair or Smarkets for your lay bets — and remember OddsMonkey's 0% Smarkets perk. The training walks you through setup.
Set aside a bankroll
£200–£300 to start. It's working capital, not a cost — it returns with profit as offers settle.
Do the guided first offer
Follow the welcome walkthrough click-for-click and bank your first ~£15–£30.
Work the sign-up list, then reloads
Clear the sign-ups (the £850+ phase), then move to daily reloads using the 2Up/Each-Way/BOG matchers for your monthly income.
Your first 30 days on OddsMonkey
How a sensible beginner should sequence the first month, mapped to the profit to expect:
Days 1–2 · Free trial & first profit
Start the free trial, open a Betfair or Smarkets exchange, set aside £200–£300, and complete the guided welcome offer. Target: your first ~£15–£40 banked and the workflow understood.
Days 3–14 · Work the sign-ups
Run down the sign-up list from easiest to hardest, one or two a day — the highest-value offers you'll ever do. Target: £400–£600.
Days 15–21 · Finish sign-ups, choose your plan
Clear the remaining sign-ups, then decide on the annual plan — grab a discount code first. Target: cumulative £850+.
Days 22–30 · Reloads via the matchers
Switch to daily reloads using the 2Up, Each-Way and BOG matchers, and set up the 0% Smarkets perk. Target: the start of your £300–£500/month run-rate.
For the shared fundamentals that apply to OddsMonkey identically — bankroll sizing, the common mistakes to avoid, the full UK legal & tax position, a matched betting glossary and exactly how gubbing works — our Outplayed review covers them in depth so we won't repeat them here.
OddsMonkey pros & cons
👍 Pros
- Usually cheaper than Outplayed, with frequent discount codes
- The widest matcher suite (2Up, Each-Way, Dutch, BOG)
- Friendliest interface — easiest for total beginners
- One-to-one phone support for new members
- 0% Smarkets deal can offset the subscription
- Free trial to bank profit before paying
- 300,000+ members, long track record, "Excellent" Trustpilot
👎 Cons
- Top tiers (Pro) get expensive fast
- Gubbing eventually limits earnings (true of all services)
- Training library marginally less deep than Outplayed's
- Needs a starting bankroll and regular time
- UK-focused — you need UK bookmaker access
- Shares a parent company with Outplayed — less true "competition" than it looks
OddsMonkey vs Outplayed: which should you pick?
The big question — and since they share an owner, it's a genuinely close call. Here's the honest split.
| OddsMonkey | Outplayed | |
|---|---|---|
| Price | Usually cheaper + discount codes | £39.99/mo (£350/yr) |
| Matcher breadth | 2Up, Each-Way, Dutch, BOG matchers | Strong, slightly fewer specialist matchers |
| Training depth | Very good | Marginally deeper |
| Interface | Friendliest for beginners | Sleek, modern |
| Support | 1-to-1 phone for new members | Live chat & email |
| Exchange deals | 0% Smarkets perk | Fewer |
Bottom line: for a brand-new beginner watching the budget, OddsMonkey is the easier, cheaper start — which is why it's our narrow pick here. If you specifically want the deepest training library and the slickest tools and don't mind paying a bit more, the Outplayed route is its near-twin. You honestly can't go far wrong with either, and both offer a trial — try whichever appeals and switch if it doesn't click.
Is OddsMonkey legit and safe?
Yes. It's been running since 2015, has 300,000+ members, an "Excellent" Trustpilot rating, transparent pricing and a free trial that lets you verify it earns before you pay. There's no scam here. Two honest caveats, the same as for any service in this space: read glowing marketing testimonials with the usual skepticism and judge it on the free trial; and "safe" refers to the service, not a profit guarantee — matched betting is low-risk done correctly, but your own money moves through bookmakers and exchanges, so careful execution is what protects you.
Is it legal and tax-free in the UK?
Yes on both counts. Matched betting is legal in the UK — you're using public promotions as intended — and gambling winnings, including matched betting profit, are not subject to UK income or capital gains tax. There's no cap on tax-free profit; take personal advice only if it becomes a major primary income. (We go deeper on the legal and tax position in our Outplayed review.)
Gubbing — the catch that caps every service
The one limitation no platform can engineer away is gubbing: bookmakers flagging you as a bonus-hunter and cutting off your access to promotions. Most people get a good 12–18 months of working the major welcome offers and early reloads before it bites hard — and that window holds most of the easy money. You can slow it by acting like a normal punter (occasional small "mug" bets, varied stakes, not pouncing the second every offer drops), and OddsMonkey's training covers the tactics, but you can't stop it. Plan to make hay early.
Who should use OddsMonkey?
✅ A great fit if you…
- Are a UK beginner who wants the easiest on-ramp
- Want the cheapest credible paid option
- Have £200+ working capital and a few hours a week
- Value phone support and a clean interface
- Want strong reload coverage (2Up, racing) for ongoing income
🚫 Probably not if you…
- Want fully passive, effort-free income
- Can't set aside any starting bankroll
- Aren't in the UK / can't access UK bookmakers
- Have a gambling problem or won't follow a method
- Expect guaranteed, unlimited, never-ending profit
Final verdict: is OddsMonkey worth it in 2026?
The move is simple: take the free trial, complete a couple of sign-up offers following the walkthroughs, and watch real profit land in the tracker. If you enjoy it and the numbers come — and in the sign-up phase, for most people, they do — commit to the annual plan (grab a discount code first) and work the list. If it's not for you, you've lost nothing.
Start OddsMonkey free today
Bank your first sign-up profits on the trial before you commit. Grab a discount code before upgrading.
Try OddsMonkey free →18+ · BeGambleAware.org · matched betting is low-risk, not risk-free
OddsMonkey review — frequently asked questions
Is OddsMonkey legit?
Yes. It's run since 2015, has 300,000+ members and an "Excellent" Trustpilot rating, and offers a free trial so you can verify it works before paying. Judge it on the trial rather than its own testimonials.
How much does OddsMonkey cost?
At the time of writing: a free trial, Premium at around £39.99/month (roughly £220–£250/year), an All Access tier around £49.99/month, and Pro around £149/month. Discount codes are common — check the live pricing page before subscribing.
How much can you make with OddsMonkey?
Around £850+ from sign-up offers in the first few weeks, then a realistic £300–£500/month from reloads at under an hour a day, with higher-effort users making more. Earnings aren't guaranteed and decline as offers run out and accounts are gubbed.
Is OddsMonkey better than Outplayed?
They share a parent company and much of the same tech. OddsMonkey is usually cheaper, friendlier and has phone support plus the 0% Smarkets deal; Outplayed has marginally deeper training. For most beginners OddsMonkey is the easier, cheaper start — see our Outplayed review for the other side.
Does OddsMonkey have a free trial?
Yes — it gives limited access and a starter set of offers, and many users bank £40–£200 during it before paying anything.
What is the OddsMatcher?
OddsMonkey's core tool. It scans all major UK bookmakers against the exchanges in real time and ranks matches by how close the back and lay odds are, so your qualifying loss is as small as possible.
Is matched betting legal and tax-free in the UK?
Yes. It's legal, and gambling winnings (including matched betting profit) aren't subject to UK income or capital gains tax. Take personal advice if it becomes a major income.
Do I need a Betfair or Smarkets account?
You need a betting exchange to place lay bets — Betfair or Smarkets both work, and OddsMonkey's 0% Smarkets perk makes Smarkets attractive. The training shows you how to set one up.
Does OddsMonkey have discount codes?
Yes, frequently. OddsMonkey regularly runs discount codes on its membership, so it's worth searching for a current one before you subscribe — especially on the annual plan, where it stacks with the already-large saving over monthly.
What's the difference between Premium, All Access and Pro?
Premium is the standard plan and all most people ever need. All Access adds more tools and offers for higher-volume users. Pro is aimed at serious bettors with a four-figure bankroll and advanced value tools. Start on the entry plan and only move up if your volume and bankroll justify it.
How does the 0% Smarkets commission deal work?
Exchanges normally take a small commission on your net lay winnings. OddsMonkey members can get 0% commission at Smarkets for a period each month (by placing a qualifying bet), which removes that drag from your lays and can save close to the cost of the subscription for active users.
Can I cancel OddsMonkey easily?
Yes — you can cancel your membership from your account. Always check the current cancellation and refund terms on their site before subscribing.
Is OddsMonkey worth it in 2026?
For a UK beginner with a £200+ bankroll and a few hours a week, yes — and it's our narrow pick over Outplayed on price, interface and the 0% Smarkets perk. The free trial lets you prove it earns before paying. It's less suitable if you want passive income, can't access UK bookmakers, or won't follow a method.
This review reflects the author's hands-on experience and publicly available information as of 7 June 2026; pricing and features change, so verify current details on oddsmonkey.com. fault.bet is a tennis trading and betting-data service and earns affiliate commission from some links on this page at no extra cost to you. Nothing here is financial advice. 18+ only. Matched betting is low-risk, not risk-free — never stake money you can't afford to lose, and please gamble responsibly. BeGambleAware.org.