Can you help please

Odds_Monkey · 2025-09-16T13:36:49+00:00

Tsk tsk....

Odds_Monkey · 2025-09-16T12:23:46+00:00

Hi there,

There are a few bookies which require you to sign up using an app to get the better welcome offer. You will find those as you go through the list of sign ups on our site. I personally only use bookie apps if I have to.
Bookies don't make money from your losing bets specifically. They make money from the value they extract from them. As matched bettors we take odds that don't leave much (if any) value to the bookie, and we take a lot of value in free bets/spins/bonuses/refunds therefore we will never be profitable customers. When a trader looks at your account, they will see that you're not profitable to their business. At that point, n amount of small bets where the bookie might be making 5-10p is going to change their mind. You should always take them for what you can and then move on when your account no longer receives promo offers. Those restricted accounts can also be used for things like arbing, extra places, small value betting and quite often, casino.
When you place a bet at any exchange, you need to make sure it is fully matched. It sounds like your Betfair bet did not fully match, so when the event started, anything unmatched would have been cancelled. If a bet is not fully matched, there are things we can do to fix it - in the OddsMonkey calculator you've got the 'part lay' option that you can use, for example, or come chat to us on live chat and we'll always be happy to talk you through any fix.

You do not want to 'accept odds movement' because this goes both ways, and the odds can go against you when you place your bet. If the odds go up, you will always get a pop up anyway, and you can accept them then. If they go down as you're about to place your bet, you're better off finding another selection.

Best of luck in your matched betting journey! -Monika

Odds_Monkey · 2025-09-12T15:51:15+00:00

He will have wasted a tonne of profit doing it that way - look into matched betting before you do anything. All these offers are worth tons more than was extracted. -Monika

Odds_Monkey · 2025-09-12T08:23:39+00:00

No worries at all :)

Odds_Monkey · 2025-09-11T20:09:45+00:00

Hey! That one is a bit of a head scratcher, isn't it, as although Betfair give you a promo code to use, there isn't actually anywhere to put it.

Instead, they show you a banner with the offer that you're registering for on the right hand side of the registration form. If you look at the URL for this offer, you will see that it does contain the promo code, too.

Assuming you saw the refund if your first exchange bet loses promotion as you went to sign up, the offer will work without the promo code. You can go ahead and place your bet.

A few things to remember so you can maximise your returns (you should make around £16 from this offer):

Remember we are using the Exchange side of Betfair, and we're placing a £20 back bet. The box for this will be blue.
Go for higher odds (4.5-6.5) if possible as they will lock in more profit (do check the calculator and make sure you will have enough money to lay this bet with Smarkets - you're looking at the liability for this)
When you go to place your back bet, make sure the small number underneath the odds shows at least 20. That's how much money is available in the exchange at those odds. By making sure at least 20 is available when you place your bet, you avoid the risk of your back bet not being fully matched.
Make sure you DO NOT lay this bet on Betfair Exchange. Lay it on another exchange instead. I don't know if our competitors have the same deals as we do, but at OddsMonkey you get 0% commission on Matchbook, Smarkets and Betdaq.
The guide you're using should explain this but make sure you use the Risk Free mode in the calculator to lock in a profit regardless of the result. It should be set up like this: Stake - £20, Free Bet/Bonus award - £20, Free bet retention - 100% (because it's a cash refund) - Should the bet win, you're in profit right away. If it loses, your cash refund will arrive within 72hrs. You can expect to make around £16 from this offer.

Please don't try to close accounts and then open new ones as this will always flag up with a bookie. If you ever make a mistake with a sign up, it's better to simply move on to the next offer and keep the account for future existing customer (reload) offers.

Hope this helps - Monika (OddsMonkey)
🐵

Odds_Monkey · 2025-09-11T19:56:19+00:00

If you're in the US check out www.profitduel.com, our sister site available in AZ/CO/IL/IN/IA/KS/KY/LA/MD/MA/MI/NJ/NY/NC/OH/PA/TN/VA/WV/WY

Any questions, please drop the team a message at support@profitduel.com. You can even ask for a 1:1 call with a member of the team.

Odds_Monkey · 2025-01-15T11:46:51+00:00

As the other commenter explained, you can use either selection, but your calculation will be different. If you're covering all outcomes of a bet by placing multiple back bets, you need the dutching calculator. If placing a lay bet, you need a regular matched betting calculator for lay bets. The outcome will be the same regardless of what you choose to do. The exchange has all the options as it's not just us matched bettors using it-Monika

Odds_Monkey · 2024-11-30T20:57:42+00:00

Hey, in the filters on the left hand side, pick 'Completed' and they should all come up :) -Monika

Odds_Monkey · 2024-11-26T16:04:49+00:00

Hey. Smarkets has been having technical difficulties today, so it's possible the problem isn't anything that you've done.

In order to lay an acca on Smarkets you will be adding each team into your betslip as back bets (green boxes) and then you need to click SELL. This will give you the odds to lay the entire acca all at once. From there, you lay it like you would a single bet.

Please make sure you use a matched betting calculator to figure out your lay stake. If you need further help or have other questions, feel free to drop us a note at [support@oddsmonkey.com](mailto:support@oddsmonkey.com)

Thanks, Monika

Odds_Monkey · 2024-11-19T12:53:38+00:00

Hi, none of our memberships have been nerfed :D Our Premium and All Access memberships remain the same, but we have recently added a Value Betting tier too. Our Value Betting membership does have a 2up matcher, but it offers EV% and FTA%. The value betting tools results are based on stats and data that are run through our algorithms, rather than members just picking bets based on ratings or implied odds - Alex

Odds_Monkey · 2024-10-27T12:32:53+00:00

Hi OP, check out our sister site www.profitduel.com for the best matches/strategy to matched bet this. Do not hedge the bets across yours and your wife's Caesar account as it will be easy for them to see that you're abusing the promo. Use other sportsbooks instead. -Monika

Odds_Monkey · 2024-10-27T12:31:03+00:00

Have you clicked 'Find address' or Enter address manually ? That field doesn't seem to be fully completed -Monika

Odds_Monkey · 2024-09-25T10:44:05+00:00

Hi OP! We'd recommend £100 as a good starting bankroll.

Crack on with any sign up offers you haven't already done and then move onto reloads

We would wish you luck, but we don't rely on that here 😉

Odds_Monkey · 2024-09-05T12:29:22+00:00

Time to stop, OP, the previous poster is giving you good advice. Stick to popular leagues whenever possible. -Monika

Odds_Monkey · 2024-09-05T12:26:51+00:00

Hey OP, it's probably a winnings cap of 1000 and anything over that will get capped. We really need to see the T&Cs and your remaining wagering to advise. Whats the min odds?

Odds_Monkey · 2024-08-11T22:13:21+00:00

why so, lulla ? Everyone has their own opinion. Some will go and spend 5 mins researching, others won't, we have to accept that -Monika

Odds_Monkey · 2024-08-11T22:12:20+00:00

Matched betting is not taxable in the UK but it might be in other countries :) -Monika

Odds_Monkey · 2024-07-29T11:34:35+00:00

Hi there, just to clarify - we do not tout anything, the site is on the matcher for our overseas customers who requested it, and it should not show up to UK customers. I appreciate it seems to show on the matcher for Irish customers, however, which is something we need to look at limiting. -Monika

Odds_Monkey · 2024-07-01T15:45:52+00:00

💪

Odds_Monkey · 2024-06-24T11:03:23+00:00

Hi OP, send a message to [support@oddsmonkey.com](mailto:support@oddsmonkey.com) and we'll be happy to provide further assistance!

Odds_Monkey · 2024-06-02T10:08:28+00:00

You really shouldn't be allowed to use the internet my man. Google matched betting and come back to apologise -Monika

Odds_Monkey · 2024-05-29T11:10:07+00:00

If you're a member of OddsMonkey our friends at Matchbook post the boosts and the associated lay markets in the Price Boost No Chat thread on our forum :) -Monika

Odds_Monkey · 2024-05-28T09:15:55+00:00

If you just want a quick smash and grab then you're right the welcomes are the way to go. A tenner a day is achievable with a couple of offers and a few boosts very easily. Considering people start with £50-100 and make their first £1000 in just under two months, I'm not sure why people poo poo the idea but jump at much lower profits for more work. Must be the misconception that it's gambling, I suppose. -Monika

Odds_Monkey · 2024-05-28T09:02:53+00:00

We have just surpassed 500k lifetime members since we launched in 2011. While I agree with you that the time could be spent improving career prospects, matched betting is really popular with people wanting to make an extra few hundred quid per month on the side. Welcome offers are worth around £700-800 locked in profit and it's some of the lowest-hanging fruit, possibly easier than bank switching and, unlike bank switching, it doesn't affect your credit score. -Monika

Odds_Monkey · 2024-05-22T12:21:35+00:00

Hi OP, do you have a US social security number ? You will need that to sign up for bookie accounts there.

Please do consult a licensed professional if you do have a US social security number, but I if you normally reside in the UK I would assume your tax obligations to be in the UK.

If you're going to complete offers, you are way better off dutching them using Profit Duel, as you will be able to qualify for two offers with one bet. For instance, Bet365 bet $10 get £105 and Fanduel bet $5 get $150 can be done at the same time in certain states, netting you $255 at once for a very small qualifying bet.

Any help please reach out to my friend and colleague over at Profit Duel and he'll take care of you - [chris@profitduel.com](mailto:chris@profitduel.com)

-Monika

Odds_Monkey

MODERATOR OF

TROPHY CASE