Why use a Matched Betting Service?
Maybe you’ve had a try yourself at Matched Betting and completed some Welcome Offers. You now have the hang of backing and laying. How can you find more Welcome & Reload Offers plus get the best odds for your Qualifying and Free Bets? Do you want to know what’s the best matched betting service? Are you struggling to keep track of your Profits? Do you need further help before trying out Accumulator Insurance Offers or Horse Racing Extra Place Offers? Matched Betting taking up more of your time than you’d like? Want to join a community of like-minded Matched Bettors?
This is where the best Matched Betting Services can pay for themselves within a few days. They have multiple tools to steer users through multiple offers across Bookies, Casinos, Bingo and Poker sites.
What are the Best Matched Betting Services?
Full disclosure here, I’ve not used all the services. However, I was a member of both Outplayed (was Profit Accumulator) and Profit Maximiser a while ago and recently OddsMonkey. I think these are the main matched betting services you might consider joining. There are other services out there, Profit Squad and Matched Bets are two I was going to look into. Their websites now seem to just refer users to OddsMonkey so appear to have been acquired by them.
OddsMonkey and Profit Accumulator have a similar set of features as you can see in the table below. I’d say the main difference is if you are interested in Casino offers and then you might be tempted to pay the extra for the Profit Accumulator. If you’ve decided to sign up to a service for the first time, then I’d recommend you start with OddsMonkey. It’s cheaper than Outplayed and has all the main features that you’ll need as well as a thriving community forum. When you’re settled in with OddsMonkey and want to see what Outplayed has to offer then you could also sign up to Outplayed and run a comparison while you have the 30-day refund guarantee available
There are more details below of the types of tools and features these services provide with examples from OddsMonkey
Profit Maximiser
The other main service, Profit Maximiser, is run by Mike Cruikshank. He was at the forefront of Matched Betting some years back. He’s also well known for creating a variety of betting products. These include
- Each Way Sniper
- Ev-Maximiser
- Bonus Bagging
- Betting Mastermind
- Betfair Sniper
- Betfair 1% Club
- Accumulator Generator
- Betfair Renegade
- Bookie Blowout.
His various products were pretty ground-breaking at the time they came on the market. Now though, they are generally included as standard with OddsMonkey and Profit Accumulator. Mike seems to have created 2 consolidated products in Profit Maximiser and Betting Mastermind.
What do you get?
If you sign up to Profit Maximiser (PM) it does seem a bit lacking compared to OddsMonkey for example. However, it is cheaper, and you get: –
- Odds Matching Software
- Bookie Welcome Offers
- Bookie Reload Offers
- Casino Offers
- Calculators
- Training materials
- Access to a private Facebook group with over 6,000 members
Arguably, this is where the most value comes from. The Facebook group is very active and includes some members who have been with Profit Maximiser for quite a few years. They still claim to make monthly profits upwards of £1-2K. I’m not a great fan/user of Facebook but scrolling through posts it is clear it’s an active group. There are regular new offer updates by the PM team, it’s an easy way to track new opportunities.
I’m sure you could join Profit Maximiser as a relative Matched Betting newbie and make some decent profits quite easily. I suspect the PM Community are quite loyal to the service. Particularly with the Facebook Group so active and supportive of each other in a greater way than say the OddsMonkey Forum. However, the overall Profit Maximiser service does seem a little dated compared to OddsMonkey. On OddsMonkey the tools feel more efficient with greater integration to make placing bets easier.
Profit Maximiser costs £97+VAT per annum with a 30-day money back guarantee. Alternatively, you can get a £1 trial for 14 days followed by an automatic annual charge of £96+VAT if you don’t cancel within the 14 days
The Profit Maximiser menu includes ‘Products’. Here you are directed to the all-in-one package supplied by Mike Cruikshank which is called Betting Mastermind
What Is Betting Mastermind?
Betting Mastermind is a collection of his products which cover Matched Betting plus some value betting and trading tools. It includes several which are standard features in the OddsMonkey and Profit Accumulator services – Bonus Bagging, Profit Maximiser, Matched Betting Software, Each Way Sniper, EV Maximiser and Accumulator Generator.
The other products in Betting Mastermind include:-
- Betfair Sniper – a system based on finding value in the Exchange markets
- Betfair Renegade – looks for value bets in the Betfair football markets
- Bookie Blowout – finds ‘value’ horse prices with bookies the bight before racing for you to back then lay off on Betfair
- Betfair 1% Club – a low-risk trading strategy to lock-in profits on football matches
Be aware, Bookie Blowout WILL lead you to have your bookie accounts gubbed before too long although you may make some decent profits before that happens.
There are 6 more programs/systems supplied in Betting Mastermind in addition to those listed above. These generally aim to increase your edge when using the strategies already covered. My view is that if you are going to pay for Betting Mastermind compared to say OddsMonkey then you need to be sure that you want to use the additional systems. I’d suggest you do some online searching to fully understand what they do.
So how much is Betting Mastermind?
The current cost is £216 or 4 payments of £58.80. There is a 30 day money back guarantee to give you a chance to fully understand what you are getting. With 16 Tools included in the package you’ll need to properly review whether the overall package is right for you.
Outplayed (was Profit Accumulator)
The Outplayed website is a little underwhelming on first sight. Their Features page sets out the tools and why they think they are the best (well they would, wouldn’t they?). They claim to post more offers than other services and post them faster using their specially developed powerful software:-
“We consistently post more offers than any other service, and when we do post them, we post them faster. In fact, in October 2019, our main competitor missed more than 100 offers that we posted, and we estimated them to have been worth more than £600 in potential profit. That’s extra profit for Outplayed members, and tough-luck for everyone else!”
The Outplayed service includes tutorials. They claim to have double the amount of video content of any other matched betting service. They also claim ‘most free bet offers’ and there’s a forum used by thousands of other matched bettors. There is odds matching software, ‘Match Catcher’ horse racing software, Acca Catcher software to exploit accumulator bet offers, Profit Tracker, Each Way Catcher, Extra Place Catcher and a Dutching calculator.
Outplayed has a Matched betting Forum with a thriving community. As they say “With over four MILLION posts on our Matched Betting Forum, you’ve got the support of thousands and thousands of other people making money with Matched Betting. Whenever you have a question, or just want a chat, you can always depend on the Outplayed community to get you what you need.”
For some, being able to ask questions and get answers from other matched bettors will be invaluable. There’s also a Facebook Group with over 50K members so there is a wealth of Community Support with the Outplayed service.
How much does Outplayed Cost?
There are 3 subscription options with Outplayed. The Free Trial gives you Basic access, no credit card required, and you can get a feel for the service/software. Platinum Membership costs £29.99 per month (or £250 a year) and provides access to all services except the Casino Bonuses and Casino Software. Diamond Membership costs £49.99 per month (or £450 a year).
Matched Betting Tools
If you are going to choose a service you need to know what types of tools there might be so you can decide what might be important to you. The range of tools provided by the main services includes:-
New Account Offers – Bookmakers / New Account Offers – Casino & Games / Weekly Bet Clubs / Daily Offers Calendar
When you are serious about making profits from Matched Betting, finding offers and working out how profitable they are is key. You’ll want quick and easy access to the latest Bookie Offers. All the services provide details of New Customer / Welcome Offers and Reload Offers for existing customers. You can filter by bookie so you can see at a glance what offers you can take up based on your bookie accounts. The Offers Calendar should also rate the offers based on their complexity and profitability.
As you finish each offer you mark it as Complete so that you continue to only see new offers to complete.
Odds Finder Software
The Odds Finder software provided by the different services all do similar things.
OddsMonkey describe their Premium Oddsmatcher software as “….the Premium tool finds and sorts odds from over 90 bookmakers and the 4 main betting exchanges. With events such as horse racing, football, golf (and more!) covered, you can just imagine how many matched betting opportunities there are to make money from.
Within OddsMatcher, you’ll find a calculator which works out how much you need to bet (back and lay) and then shows you how much money you’ll make. It also gives you all the information about the event you’re betting on, so you know when and where it’s happening.”
I did try to carry out a real-time comparison of the OddsMonkey and Profit Maximiser odds matching software. Frankly it was a bit exhausting. I tried comparing their top-rated bets and clicked to see if the odds were available had my heading spinning at times. My overriding impression was that OddsMonkey identified bets across a wider range of bookies than Profit Maximiser.
OddsMonkey OddsMatcher Example
The image below gives an example of the way OddsMonkey show the OddsMatcher results. There’s a full tutorial (including video) available to members. The tool has a built-in calculator to show the exact stakes for your lay and back bets. It provides links to make it easy to click through to the bookie sites and place those bets.
The software will allow you to find best prices across different bookies and exchanges. You can filter by bookie, date and sport type and ensure that you can see the best events and prices for you to bet on.
When you’re ready to place your bet in the in-built calculator ensures you know your correct stakes. It checks there’s enough liquidity on your selected exchange. You’re then given direct links to place your bets with the bookie and betting exchange.
Anyone used to manually findings and placing your matched bets will soon see the benefits of this software. It will find best odds you would likely have missed, potentially saving your hours over the course of each week.
Profit Tracking
Once you’ve placed your bets you can link them to a Profit Tracker (either automatically or manually). You’ll be able to track your profit over time. It’s key that you know which bets you’ve placed and with which bookie / exchange. A Profit Tracker makes that job easy. You can also use it to track your other Mug Bets to ensure you know you are keeping your bookie accounts ‘healthy’.
Racing Offers Software
Some services such as OddsMonkey include additional software which focuses on Horse Racing Offers.
OddsMonkey Each Way Matcher can be used on accounts which are gubbed from offers but are not limited from betting on events. Some great examples of this are Bet365, Coral and Paddypower.
Extra Place Terms software identifies opportunities to place each way bets on a horse. You then lay them off at a profit on betting exchange win and place markets. This offer is more complicated and software is invaluable to making decent profits from these offers. The software finds the offers and guides you through the steps to profit from them.
Accumulator Bets
A common offer from bookies is to give a free bet if one leg of an Accumulator (Acca) bet lets you down. For example, you place a back bet of £10 for 4 football teams to win (a 4-Fold) and 3 of them win but the other draws. The bookie will credit you with a £10 Free Bet (Stake Not Returned (SNR)) to use on another accumulator.
Using Accumulator software you can find qualifying bets. You then place the initial accumulator bet and lay off each match on a betting exchange. The software will calculate the Expected Value of each accumulator. It will also calculate the stakes needed for the bookie and exchange bets. Accumulator bets are more complicated than offers like new customer or reloads. They can be a good source of profit but do require a greater degree of discipline.
Community of Matched Bettors
This is a key feature of joining a Matched Betting Service. You can see from the OddsMonkey Forum there is a wealth of information available. You can tap into others knowledge and ask for help from other Forum members. The Forum shows new offers which have been found with advice on how best to approach new offers etc etc. The Community is a great supplement to the Training Materials available to you in OddsMonkey.
Training Tutorials / Calculators / Support
No matter how proficient you might be at Matched Betting there is always something to learn or improve. The best Matched Betting services provide a wide range of training and tutorials. They help you use their tools, understand more about betting in general, bookmakers and their rules etc.
As an example, OddsMonkey has over 30 guides for their various tools and 50+ general guides. The guides include over 20 videos which are generally just a few minutes long. They show the tools in action to really help you understand how to get the most out of them.
OddsMonkey also has 17 different calculators. These range from a Standard Matched Betting Calculator through to an Expected Value (EV) calculator for Casino or Games offers.
Summary
If you’ve made it then then by now you should appreciate the added value from a quality Matched Betting service. So, what’s the Best Matched Betting Service? Here I have suggested OddsMonkey as a good choice if you have decided to extend your Matched Betting activity.
OddsMonkey, Outplayed and Profit Maximiser all offer 30 day money back guarantees. You really have nothing to lose if you sign up to a trial period to see if their services suit you.
