LAST UPDATED 22nd March, 2018
The growth in popularity of matched betting has inspired a host of services to pop up but there are two main players in the industry. Here’s my OddsMonkey v Profit Accumulator comparison.
Profit Accumulator has been around as a full matched betting service for longer than OddsMonkey, and claims to be the largest matched betting site out there, boasting over 100,000 paying subscribers since they started.
OddsMonkey has been around a a matched betting software provider for many years, but in 2016 they set up a more complete matched betting service in an effort to rival Profit Accumulator.
Profit Accumulator v OddsMonkey comparison
OddsMonkey have become Profit Accumulator’s main rivals but, in recent months, PA has responded by making some impressive changes to meet the challenge.
When we compare matched betting sites a few main factors need to be taken into consideration.
First of all, we’ll start with the cost – they are both the same price. £17.99 a month or £150 a year.
Oddsmonkey used to be a bit cheaper at £15, but they recently increased their prices. Which might be indicative of more price rises in future.
Just like Profit Accumulator, the OddsMonkey free trial includes offers from two bookmakers and should make you about £45
Both sites have a very extensive database of free bet offers for their members to complete, along with video tutorials and written instructions to help you do so.
When it comes to posting up new reload offers for existing customers, Profit Accumulator do tend to be slightly more thorough and speedy in their posting of offers… which can be important, especially if offers are time sensitive.
Forum and support
Both Profit Accumulator and OddsMonkey use the same forum software, and they’re very similar in functionality. Each site uses a different layout for its forum categories, so it’s up to you to decide which layout you prefer. However, Profit Accumulator’s forum is better in the sense that they have more members… so the forum is more active. That means more knowledge being shared by its members, and more people around to answer questions when you need help!
I’ve written in the past about the matched betting forum at Profit Accumulator.
Both sites offer customer support seven days a week, though OddsMonkey does not have offer customer support over the phone.
This is a disadvantage particularly to new matched bettors who might need urgent help if they have made a mistake with a matched bet.
Instructions and videos
Both websites have detailed step-by-step instructions for all of their offers but not all have video tutorials. A big part of Profit Accumulator’s early success was built on the strength of the instructions and, in particular, the videos and they’ve continued this. The instructions for each offer are clear and specific to the promotion and there are far more video tutorials to guide users through offers, how to use the software and how to complete advanced matched betting methods. OddsMonkey have recognised this strength and made great strides in adding detailed, thorough and helpful tutorials to help their members.
When looking at OddsMonkey v Profit Accumulator, you realise that by far the best feature at OddsMonkey is the software. They have a great selection of oddsmatching software and calculators that is a real strength.
OddsMonkey began life as a software provider for the likes of Profit Accumulator before deciding to move to offer a full-matched betting service.
So it makes sense that the matched betting software is OddsMonkey’s real selling point. Profit Accumulator have since developed their own version of the software and they are continually adding new features and looking to improve their existing tools.
JUNE 2017 UPDATE:
There’s little doubt that the emergence of OddsMonkey has kept Profit Accumulator on their toes and you could argue that this has been good for customers. Not only has it forced PA to think again on their prices, it’s meant they are continuing to improve the product.
In the first half of 2017, PA have regularly added some new tools.
This includes Profit Tracker – a bit of software that helps you keep an eye on your progress without the need for a separate spreadsheet.
There’s also some new additions to the offers page, including a gubbing filter, notifications when offers are changed, added or removed and the ability to pin your favourite offers to the top of the list. Both sites offer these features.
AUGUST 2017 UPDATE:
One of the great things about competition is that is usually benefits the consumer. The emergence of OddsMonkey as a proper rival has inspired Profit Accumulator to keep improving and OddsMonkey are at it again.
In July, OddsMonkey announced Betfair integration to their main oddsmatching tool, meaning users can place their exchange bet from there, without having to open an new tab or leave the page.
It makes the process just that big quicker and is a nice feature. Shortly thereafter, Profit Accumulator added the same feature. This is a great thing for consumers.
They also both have Smarkets on-site integration now as well.
How much can be made from matched betting
Both services say they can help you make more than £1,000 per month and it’s certainly possible.
The PA forum has a really thread that show you exactly which offers to do each day if you’re aiming for £1,000. There’s also one for those who have less time to spare to show you how to make £300.
With any matched betting service, the amount you can make is up to you and how much time you can spare – and how many accounts you have active.
Oddsmonkey v Profit Accumulator conclusion
OddsMonkey have done an admirable job of putting themselves near the head of the pack when it comes to matched betting services. Its emergence and ideas certainly gave Profit Accumulator something to think about – particularly on pricing and with the tools on offer.
But, in 2017, Profit Accumulator made a number of significant changes to respond to this challenge – not least cutting the monthly price.
Overall, we would seriously encourage you to consider signing up to BOTH services. The reason being; if one of the two services misses just a single free bet offer (which does happen), then you’d have lost out on that profit if that was the only service you were subscribed to. Therefore; sign up to both, to make sure you don’t miss a thing!
Personally I prefer Profit Accumulator due to the more active forms, which is a great place to get tips, help and support.
UPDATE: Profit Accumulator have a 50% off your first month offer running at the moment. Great value! It ends on the 2nd April. Click here for more info. This is a great offer! Make sure you dont miss it.
All details are correct to the best of my knowledge at the time of publishing.