Research-based review Written by a practitioner: our editor has matched-betted for years with tracked profits. Where a service review reflects real personal use it says so; otherwise it is research-based.

OddsMonkey Review 2026: Tools, Pricing and How It Compares

By Rob · 15 min read

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OddsMatcher across the major UK bookmakers, a full calculator suite and step-by-step training. 7-day free trial, monthly or annual billing.

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OddsMonkey has been one of the best-known matched betting platforms in the UK for over a decade. The important thing to understand about it in 2026 is that it no longer runs its own software: after the 2025 consolidation it runs the same platform as Outplayed, its sister brand.

That reshapes the question. It is no longer "which tools are better" - they are the same tools. It is "which of two brands running identical software do you want to buy it from, and at what price". This review covers what you get, what the platform change meant for existing subscribers, and where OddsMonkey still makes sense.

What Is OddsMonkey?

A quick overview for the uninitiated

OddsMonkey is a subscription-based matched betting platform that provides the tools, calculators, and training you need to profit from bookmaker offers. It's aimed at UK-based matched bettors - from complete beginners working through sign-up offers to experienced users grinding daily reload offers. At its core, OddsMonkey automates the tedious parts of matched betting. Instead of manually comparing odds across dozens of bookmakers and exchanges, the software scans thousands of markets in real time and presents the best opportunities. It also handles the maths - calculating exact lay stakes, qualifying losses, and expected profits. The platform has been around since 2014 and has built a large community. It's often the first tool people encounter when they start researching matched betting, and for good reason - it's comprehensive.

Who Is OddsMonkey For?

Matching the tool to your situation

OddsMonkey targets three main groups:

Complete beginners - If you've never placed a matched bet, OddsMonkey's structured training programme walks you through the entire process step by step. It's genuinely one of the best onboarding experiences in the matched betting space.

Active matched bettors - If you're already comfortable with the basics and want to maximise your daily income, OddsMonkey's matchers and daily offer listings save significant time. Finding profitable offers manually takes hours; with OddsMonkey, it takes minutes.

Returning matched bettors - If you did matched betting a few years ago and want to get back into it, the platform's current offer database and updated training help you hit the ground running without having to relearn everything from scratch.

Where OddsMonkey is not ideal: if you only plan to do a handful of sign-up offers and then stop, the free tools available online might be sufficient. The subscription really pays for itself when you're active on a regular basis.

Key Features

What you get with a Premium subscription

OddsMatcher

The flagship odds comparison tool

OddsMatcher is the feature that most subscribers consider essential. It scans odds across all major UK bookmakers and betting exchanges in real time, then ranks matches by how close the back and lay odds are.

For any bookmaker offer, you filter by bookmaker, sport, event type, and odds range. OddsMatcher then shows you the closest matches - the ones with the lowest qualifying loss or the highest profit on free bets. Each result includes a direct link to the bookmaker and exchange, the calculated lay stake, and the expected profit or loss.

The time saving is enormous. Manually searching for close odds matches across 30+ bookmakers could take an hour. OddsMatcher does it in seconds.

What makes it good

  • Speed - Results update every 30-60 seconds, so you're working with current odds
  • Filtering - Narrow by sport, league, date, odds range, bookmaker, and rating percentage
  • Integration - Click through directly to the bookmaker bet slip and exchange market
  • Rating system - Each match gets a percentage rating; higher is better (closer odds = lower qualifying loss)

Limitations

  • Odds can move between seeing them in OddsMatcher and actually placing the bet, especially on horse racing close to race time
  • Occasionally shows odds that have already been taken on the exchange, though this has improved over time

Each Way Matcher

Essential for intermediate strategies

If you've read our guide to each way matched betting, you'll know that each way bets involve more complex calculations - you're matching two separate bets (win and place) simultaneously. The Each Way Matcher automates all of this. It scans horse racing markets and identifies the best each way opportunities, calculating both lay stakes and your expected profit or qualifying loss. It also highlights extra place opportunities, which are some of the most profitable offers available. This tool alone can justify the subscription for anyone working through each way and extra place offers regularly. Doing these calculations manually is time-consuming and error-prone.

Dutch Matcher

For dutching strategies

Dutching involves backing multiple selections in the same event to guarantee a profit regardless of which one wins. The Dutch Matcher finds events where bookmaker odds are generous enough across multiple outcomes that you can back several selections and still come out ahead. This is a more advanced strategy and not something beginners typically use, but it opens up additional profit opportunities - particularly on football markets where bookmakers offer enhanced odds on specific outcomes.

Acca Matcher

For accumulator refund offers

Accumulator refund offers ("get your stake back as a free bet if one leg lets you down") are a staple of UK bookmaker promotions. The Acca Matcher helps you build accumulators where the odds closely match the exchange, minimising your qualifying loss while positioning you to benefit from the refund. The tool selects legs with the closest back/lay odds and calculates the overall expected value. It's particularly useful on weekends when multiple bookmakers run acca insurance promotions simultaneously.

Racing Matcher

Dedicated horse racing tool

A specialised matcher focused exclusively on horse racing markets. It accounts for the unique characteristics of racing - fluctuating odds, place markets, BOG (best odds guaranteed), and the timing of races throughout the day. This is valuable during racing festivals when there are dozens of races per day and bookmakers are running multiple promotions. The Racing Matcher helps you quickly identify the best opportunities across all meetings.

Calculators

Free bet calculator, each way calculator, and more

OddsMonkey includes a suite of calculators that handle the maths for every type of matched bet:

  • Matched Betting Calculator - The basic calculator for standard back/lay bets. Input bookmaker odds, exchange odds, and stake; it outputs the exact lay stake and expected profit/loss
  • Each Way Calculator - Handles the dual-stake nature of each way bets, calculating both win and place lay stakes
  • Dutching Calculator - Works out stake distribution across multiple selections
  • Accumulator Calculator - Calculates expected value for multi-leg accumulators
  • Oddsboosting Calculator - For profit boost and odds boost promotions

Some of these calculators are available for free on the OddsMonkey website (the basic matched betting calculator, for example). The more advanced ones - particularly the each way and accumulator calculators - require a Premium subscription.

The calculators are reliable and well-designed. They handle edge cases (free bets where stake isn't returned, each way with different place terms, etc.) that trip up manual calculations.

Training and Tutorials

The beginner-friendly onboarding

OddsMonkey's training section is genuinely one of its strongest features, especially if you're new to matched betting.

The structured programme takes you from zero knowledge to completing your first profitable matched bet, then progresses through intermediate and advanced strategies. Each lesson includes:

  • Written guides with screenshots
  • Video walkthroughs
  • Specific offers to work through (with expected profit listed)
  • Checklists to track your progress

The training covers sign-up offers, reload offers, each way betting, accumulators, casino offers, and more. It's regularly updated to reflect current bookmaker promotions and rule changes.

For beginners, this structured approach is extremely valuable. Matched betting has a genuine learning curve - not because it's intellectually difficult, but because there are many steps to get right and mistakes can be costly. Having a guided programme significantly reduces the risk of errors.

The community forum also supplements the training. Questions get answered relatively quickly, and there's a shared daily offer thread where experienced members post the best available promotions.

Daily Offer Listings

Curated profit opportunities

Each day, OddsMonkey's team compiles a list of the best available bookmaker offers with expected profit estimates. This includes:

  • Sign-up offers (for new accounts)
  • Reload offers (for existing customers)
  • Enhanced odds promotions
  • Extra place offers on horse racing
  • Accumulator insurance deals
  • Casino and games offers

For time-pressed matched bettors, this is incredibly useful. Instead of checking every bookmaker's promotions page, you get a curated list of what's actually worth doing today. Each offer includes a difficulty rating and estimated profit, so you can prioritise based on your experience level and available time.

Pricing

What it costs and whether it's good value

PlanPriceNotes
Free trial7 daysTry the platform before committing
Starter£39.99/mo or £249.99/yearSportsbook matched betting (entry tier)
Advanced£49.99/month or £349.99/yearAdds casino offers and extra tools
Pro£149.99/month or £999/yearHigher-volume tools
Elite£3,000/yearAdvanced

Pricing checked October 2026. There is a 14-day money-back guarantee, and a free calculator suite you can use without subscribing. Always check the live pricing page - these change.

Worth knowing before you choose: Outplayed runs the same software and its entry tier is £29.99/mo against OddsMonkey's £39.99/mo. The annual prices are effectively identical (£249.99 on both), so the gap only shows up if you pay monthly.

Is it worth the money?

That depends on how actively you use it. Working through the bookmaker welcome offers, most people clear far more than the subscription cost in the first month alone. After that it depends on staying active on reload, racing and casino offers. If you only bet occasionally, a monthly plan you cancel between bursts makes more sense than paying year-round.

The 0% commission deals are worth more than most people think

Both OddsMonkey and Outplayed negotiate 0% commission deals with betting exchanges for their members, and this is the benefit people most often leave out of the maths.

On a single bet it looks trivial. Standard exchange commission of 2% on £1,000 of winnings is £20. But matched betting is a turnover business, and an active bettor can comfortably push more than £50,000 through an exchange in a year. At that point the same 2% is over £1,000 a year coming out of your returns. Removing it is worth several times what the subscription costs.

I have saved several thousand pounds in exchange commission through these deals. If you are going to be active at all, factor this in before deciding the subscription is expensive.

What you can realistically expect to make

The bookmaker welcome offers are the big, front-loaded opportunity. Someone new to matched betting, working through them carefully with the platform's guides, can reasonably expect to clear well over £500 in their first month, and often more. That covers a year's subscription several times over before you are past the sign-up stage.

Be clear about the shape of it, though. Welcome offers exist once per bookmaker, so that first month is not repeatable - after it you are working reload, racing and casino offers for smaller amounts. It is not a salary and should not be planned for like one. It also depends on executing offers correctly, having enough starting bank to cover lay stakes, and which offers are live at the time. Mistakes cost real money, which is why the training and the forum matter more than the software does.

OddsMonkey vs Outplayed

How does it compare to its sister platform?

Outplayed is the same product from the same group, running the same software. That makes the comparison much simpler than it used to be.

What is identical: the OddsMatcher, Extra Place, 2UP Matcher, Lucky Finder, the acca and casino tools, the 0% commission deals, the 7-day trial and the 14-day money-back guarantee. Annual pricing is the same at £249.99 for the entry tier (as of October 2026).

What actually differs: the entry-level monthly price (£29.99/mo on Outplayed against £39.99/mo here), and the community. Outplayed's forum and support are the strongest in UK matched betting, and its Trustpilot score reflects it - 4.3 out of 5 against OddsMonkey's 3.5 (both checked August 2026).

That is why Outplayed is our first recommendation. It is a narrow call rather than a damning one: OddsMonkey is the same software and a perfectly good platform, and if you are already settled there it is not worth switching. Read the full comparison if you are choosing from scratch.

What changed in 2025, and why some subscribers were unhappy

In September 2025 OddsMonkey announced that its tools were being brought onto the group's shared platform, describing them as "the same tools now available on OddsMonkey" and referring to Outplayed as "our partner platform". In practice that meant OddsMonkey subscribers moved onto Outplayed's software.

The change itself is sensible - one platform is cheaper to maintain and improve than two. The rollout was not popular. Subscribers reported very short notice, and in the months afterwards there were complaints about missing features, broken pages and a less familiar interface, including from people part-way through an annual subscription. One user on the MoneySavingExpert forums described being "migrated over to a new inferior set of tools" with roughly one day's notice.

That history is the main reason OddsMonkey's Trustpilot score (3.5) sits below Outplayed's (4.3), and it is worth knowing before you subscribe. It is not a reason to write the platform off: the tools work, the training library is extensive, and the underlying software is the same one we recommend on the Outplayed review. If you are choosing between the two today, though, it is a fair tiebreaker.

Who Should Subscribe

And who probably shouldn't

You should subscribe if:

  • You're starting matched betting seriously - The training alone is worth a month's subscription for the structure and confidence it provides
  • You're doing matched betting several times per week - The time savings from the matchers far exceed the monthly cost
  • You're working through each way and extra place offers - These are hard to do profitably without a dedicated tool
  • You want a one-stop platform - Having matchers, calculators, training, and daily offers in one place is genuinely convenient

You probably shouldn't subscribe if:

  • You only plan to do a few sign-up offers - The free tools available online (including OddsMonkey's own free calculator) are sufficient for basic sign-up offers
  • You've already exhausted most bookmaker offers - If your accounts are heavily restricted and there are few offers left to do, the subscription may not generate enough return
  • You're not prepared to commit time regularly - Matched betting rewards consistency. If you'll only check in once a fortnight, the value diminishes significantly
  • You're looking for a passive income tool - Matched betting requires active participation. OddsMonkey makes it faster, not effortless

Tips for Getting the Most Out of OddsMonkey

Practical advice from experience

If you do subscribe, here's how to maximise the value:

Work through the training properly. Even if you think you know the basics, the structured programme catches gaps in knowledge and introduces strategies you might not have considered.

Use the daily offer listings. Check them each morning and plan your betting for the day. They pair well with our roundup of the best bookmaker sign-up offers, which is a useful checklist for newer subscribers. The curated list saves significant time and ensures you don't miss high-value promotions.

Learn the Each Way Matcher early. Many people stick with basic matchers for too long. Each way and extra place offers are where the consistent money is, especially once you've exhausted sign-up offers.

Set OddsMatcher filters appropriately. Don't just look at the highest-rated matches. Filter by the specific bookmaker you need for an offer, the right odds range, and the correct sport. Getting your filters right dramatically improves the quality of results.

Check the forum daily. Experienced members often post time-sensitive offers and tips that don't appear in the official daily listings.

Track your profits. OddsMonkey has a basic profit tracker, but even a simple spreadsheet helps you understand which types of offers generate the most income for your time. This lets you prioritise.

Is OddsMonkey free to use?
There is a free calculator suite you can use without subscribing, plus a 7-day free trial of the full platform. The complete matchers and training need a paid plan, starting at £39.99/mo or £249.99/year (checked October 2026).
Is OddsMonkey the same as Outplayed now?
They are part of the same group and, since the 2025 consolidation, run the same software. The tools are the same and annual pricing is the same. The differences are the entry-level monthly price (£39.99/mo here against £29.99/mo on Outplayed) and the community around each brand. See our full comparison.
What happened with the OddsMonkey platform change?
In 2025 OddsMonkey replaced its own tools with the ones Outplayed was already running. The migration was announced with little notice and drew sustained complaints about missing features and usability. The platform has settled since, but it is the main reason OddsMonkey's review scores sit below Outplayed's.
How much can you realistically earn with OddsMonkey?
The bookmaker welcome offers are the front-loaded opportunity - someone working through them carefully can reasonably clear well over £500 in a first month, which covers a year's subscription several times over. After that it tails off into smaller reload, racing and casino offers. It varies with the offers available, your starting bank and executing correctly, and it is not a regular income.
Is OddsMonkey legal?
Yes. Matched betting is legal in the UK - you are using bookmaker promotions and a betting exchange to cover both outcomes. OddsMonkey provides tools to find and calculate the offers; it does not change the legal position.
Will I get restricted by bookmakers for using OddsMonkey?
Bookmakers cannot see which tool you use, but they do restrict accounts showing matched-betting patterns - only betting on promotions, always taking best odds, never betting casually. This is called gubbing and it happens whichever platform you use. The training covers mug betting and stake variation to delay it.
Can I use OddsMonkey on my phone?
It works in a mobile browser, but matched betting is easier on a desktop or laptop where you can keep the bookmaker, the exchange and the matcher open side by side. Most regular users work offers on a computer.