This OddsMonkey vs Profit Accumulator will decide once-and-for-all which matched betting software is superior. Matched betting is a popular method to earn a tax-free income from home in your spare time. Despite the name, it has nothing to do with gambling.
Every matched bettor who is serious about making profit subscribes to one of two matched betting services, OddsMonkey or Profit Accumulator. There has been a long-standing disagreement between matched bettors as to which service is better. This comparison aims to solve the debate by directly comparing OddsMonkey vs Profit Accumulator.
I have been using OddsMonkey (full review here) for just over a year and am a member of their affiliate program. Profit Accumulator has kindly offered me a free trial of their service and also invited me to their affiliate program. This means, whether you sign-up to OddsMonkey or Profit Accumulator through my links, I will receive a commission. I hope this puts me in the unique position of not being overly biased towards either matched betting service.
All links to OddsMonkey and Profit Accumulator are affiliate links. This means I will receive a commission if you sign-up at no extra cost to you.
Should I join OddsMonkey or Profit Accumulator?
Below you can find my in-depth comparison of OddsMonkey vs Profit Accumulator, but for those in a rush, I have summarised the answer here.
By matched bettor type
- If you are a beginner, join Profit Accumulator (free trial here)
- If you place a lot of bets on horse racing offers, join OddsMonkey (free trial here)
By desired profit
- Profit Accumulator has more offers available, allowing you to make more money (free trial here)
- For maximum profit, join OddsMonkey in addition to Profit Accumulator (free trial here)
Both matched betting services live up to their promises and will help you to make money from matched betting.
OddsMonkey vs Profit Accumulator comparison
Matched betting service Pricing
When I started matched betting, Profit Accumulator used to be more expenses than OddsMonkey. This made my choice at the time easy. However, things have changed as Profit Accumulator has matched OddsMonkey’s pricing. Both now offer a
- free trial giving you £30-£45 profit
- monthly membership for £17.99
- annual membership for £150
You can sign-up for OddsMonkey’s free trial here and here for Profit Accumulator’s free trial. If you are on the fence on which matched betting service to join, I suggest taking out a free trial with both.
The pricing is identical for both sites and you can take out a free trial with both if you are undecided.
OddsMonkey vs Profit Accumulator User interface
Both matched betting services have a dashboard that makes it easy to find what you are looking for. I slightly prefer the Profit Accumulator design as it is sleeker but both are totally fit for purpose.
Both matched betting services allow their users to track their profits. When comparing OddsMonkey vs Profit Accumulator, the Profit Accumulator profit tracker stands out. It is much easier and quicker to update. However, on the downside, it lacks the detail of the OddsMonkey profit tracker.
Unlike OddsMonkey, Profit Accumulator offers a balance sheet. This allows the user to keep track of where their money is. I tried to do something similar with a spreadsheet when I started matched betting but soon gave up. Now I just manually audit my accounts twice a month.
The Profit Accumulator balance sheet makes this process super easy and after playing around with it, I am impressed.
However, OddsMonkey wins over Profit Accumulator in terms of data analysis and visualisation. With OddsMonkey, you can easily breakdown your profit by month, method or tool used. This is important as it allows you to find out what your biggest earners are and where you may be leaving money on the table. Plus, it makes writing my matched betting income reports super easy.
For me, this extra functionality is the reason I prefer OddsMonkey. Yet I appreciate that not everyone makes use of this, so you may prefer the sleeker design of Profit Accumulator.
Matched betting Beginner tutorials and Guides
Beginner tutorials and guides are essential tools for beginners to understand the concept of matched betting. Notably, both OddsMonkey and Profit Accumulator require NO PRIOR KNOWLEDGE of matched betting. Both websites have plenty of tutorials and guides that adequately explain the concept of matched betting, geared towards people who have never placed a bet before.
Following on to the tutorials, OddsMonkey has 45+ (45 general guides plus others) and Profit Accumulator has 52 guides. Comparing them all goes beyond the scope of this article. For test purposes, I have asked both Profit Accumulator and OddsMonkey how to prevent gubbings/keep my accounts.
I found that the Profit Accumulator guide was better written with more clear sectioning. However, both matched betting services offer a good explanation of gubbings and have tips on how to preserve bookmaker accounts.
Note that I have not shown the full guides as these are meant to be for PAID members.
Profit Accumulator offers more detailled guides (note: limited evidence) but you will learn matched betting perfectly fine from either site.
Reload offers are what matched bettors make their money from in the long term. Therefore, they are arguably the most important criteria when choosing a matched betting service. Comparing OddsMonkey vs Profit Accumulator, I have totaled up the value of reloads offers available on OddsMonkey and Profit Accumulator:
Note: I looked at the current-offer list rather than the daily offer calendar due to differences between sites in what is listed where. One offer could be counted in multiple days e.g. bet clubs are counted every day.
Why is the total EV different when comparing OddsMonkey vs Profit Accumulator?
Before you all run over to Profit Accumulator, let me tell you that these differences in reload offer value is partly due to a number of differences between OddsMonkey and Profit Accumulator:
- Offer expected value (EV) differences
- Listed EV vs no EV (“potential profit”)
- Missing offers
Differences in offer EV
When comparing OddsMonkey vs Profit Accumulator, offer EV sometimes differs. For example, the Betway £10 risk-free on e-sports offer:
In this case, OddsMonkey is more accurate as I would expect to make £6.50 from this offer (if I had a working Betway account). Profit Accumulator takes a more cautious approach, which is not wrong either, as e-sports bets can be difficult to lay.
Listed EV vs no EV
Profit Accumulator provides an EV for most offers, whereas OddsMonkey often lists offers as “potential profit”. When I totaled up total EVs in the above table, these counted as zero.
To find out how much EV is missing from OddsMonkey that is actually there but not labelled as such, I compared OddsMonkey vs Profit Accumulator. This means I took the EV listed on Profit Accumulator and substituted it for OddsMonkey’s non-descriptive “Potential Profit”.
Turned out, about £10-£20 of EV is actually there on OddsMonkey but not listed as such. Therefore, for a more accurate estimation of total EV, you need to add £10-£20 to the OddsMonkey column in the table.
I tried to figure out why total EVs differ so much when comparing OddsMonkey vs Profit Accumulator. To do so, I compared which offers where listed on each website.
Missing offers on OddsMonkey:
- Paddy Power Weekly Slots Club (EV £3.97)
- JenningsBet Wager £100 Get £10 Bonus (£1.81)
- MJSports Bet £50 Get £5 Free Bet (£1.50)
- Betfred Bet £10 Get £5 Cash (£2.50)
- 777 50% Refund (EV £8)
- Spin And Win Wager £10 Get £5 Bonus (EV £1.87)
- Mansionbet Bet £20 Get £10 Free Bet (EV £4)
- Paddy Power Bet £125 Get £25 Free Bet (In-Store) (EV £10)
- Magical Vegas Wager £10 Get £5 Bonus (EV £0.33)
- McBookie Bet £30 Get £5 Free Bet (EV £3.50)
- Betsid Bet £10 Get £5 Free Bet (EV £1)
- Gala Spins Wager £20 Get £10 Cash (EV £9)
- Betdaq £10 Virtual Sports Refund (EV £3)
Missing offers on Profit Accumulator:
- Novibet Wager £100 Get £5 Cash (Live Casino) (EV £4.58)
- Party Poker Bet £20 on a Treble Get £5 Free Bet (Weekend Football) (EV £2)
- Sporting Index £50 Refund if your team lose, but win on Expected Goals
- Genting Bet £10 Get £1 Per Goal (Barcelona v Real Madrid)
Note that I have only done this comparison for Tuesday only, not for every day in the week.
Reload offers summary
The results of this comparison are interesting. Having a Profit Accumulator membership gives you an additional £50.48. An OddsMonkey membership gives you an additional £6.58 (+£10/£20 non-listed). Note that actual values vary depending on the day.
However, this is not straightforward as many offers unique to OddsMonkey do not have a listed EV. But it is reasonable to assume that you can make enough profit from these to pay for your OddsMonkey membership.
Therefore, having a Profit Accumulator membership is worth it in addition to an OddsMonkey membership and vice versa. For a single account, a Profit Accumulator membership is more profitable than an OddsMonkey membership.
Profit Accumulator enables you to make more money but for maximum profits, you need to be a member of both OddsMonkey and Profi accumulator.
Oddsmonkey vs Profit Accumulator Matched betting tools
This section reviews the daily tools used by matched betters on OddsMonkey vs Profit Accumulator. Having functional tools is essential to maximise free-bet winnings and minimise trigger bet losses as well as to save time.
The oddsmatcher is the heart of every matched betting service and probably the most frequently used tool. When comparing OddsMonkey vs Profit Accumulator, the oddsmatchers are very similar in terms of what they can do:
There are, of course, differences between the two. Most notably, Profit Accumulator’s oddsmatcher design is absolutely gorgeous compared to OddsMonkey’s, looking much more modern and cleaner. It is also more beginner-friendly as the layout is much clearer.
Beyond that, there are differences in functions. In contrast to OddsMonkey, Profit Accumulator comes with many preset filters for free and trigger bets by bookmaker. Plus, you do not have to open a separate window for custom filters. This allows you to save a bit of time when placing your bet.
When you click on a selection, both OddsMonkey and Profit Accumulator open a separate window showing the calculations:
Again, the functionality here is similar between the two matched betting services. Both allow you to play lay bets directly from the oddsmatcher if you link your exchange account.
OddsMonkey, as opposed to Profit Accumulator offers the option to place risk-free bets directly from the oddsmatcher. This is convenient because it can be annoying to log risk-free bets manually, having to work out what your initial loss is if the trigger bet loses.
Profit Accumulator, on the other hand, has a handy copy function which allows you to quickly copy your lay stake. With OddsMonkey, I always manually highlight and copy the lay stake (because it is still quicker than typing) so the addition of a copy button is a huge quality of life improvement.
Horse racing matchers
Both OddsMonkey and Profit Accumulator have dedicated matched betting tools for horse racing offers. Both the extra-places and the each-way matcher look identical between the two websites so there is little to say for me.
The advantage of OddsMonkey is the racing matcher. This tool shows you close matches per offer.
Profit Accumulator offers the match catcher for horse racing offers:
Note that I have only been using Profit Accumulator for a week and may have missed certain functions. If so, please let me know.
There are a selection of other matchers available at both OddsMonkey and Profit Accumulator. Both offer a dutching matcher and acca matcher. In addition, OddsMonkey also has a tennis matcher but I am not sure about its usefulness (I never used it).
The basic calculator is, unsurprisingly, highly similar when comparing OddsMonkey vs Profit Accumulator. Beyond this, Profit Accumulator offers 19 other calculators, and OddsMonkey 15. Bear in mind that you are unlikely to ever need all of them. Even having used OddsMonkey for over a year, I have not used all of their calculators.
Nonetheless, here are the differences between OddsMonkey and Profit Accumulator:
OddsMonkey only calculators:
- Dead-heat calculator (when two or more horses are tied)
- Each-way reverse calculator (to fix mistakes when placing each-way bets)
- Each-way extra-places calculator (when your normal each-way bet lands in the extra place)
Profit Accumulator only calculators:
- Enhanced offers calculator (for price boosts, can also be done with the standard calculator)
- Odds converter and probability calculator
- Blackjack calculator (tells you which action to take based on your and the dealer’s cards)
- Dutching early payout calculator
- Spreadex supremacy bet (for Spreadex’s offer)
- DD/HH calculator (for Betfred’s offer)
- Exchange bonus lock-in calculator (for offers from exchanges)
- Matchbook calculator (standard calculator with the commission set to 1.7%)
As I said, the average matched bettors will not need many of these, except maybe the DD/HH calculator. However, as paid matched betting services, it is good that both websites offer more specialist calculators.
Matched betting tools summary
Looking at the available matchers, OddsMonkey and Profit Accumulator are overall similar. Profit Accumulator’s design is much better but for horse racing, OddsMonkey’s tools appear to be more useful.
In terms of calculators, OddsMonkey appears to be the better option for those doing a lot of horse racing offers. Profit Accumulator offers a wider variety of calculators which is perhaps more attractive for beginners. Rather than changing values in the standard calculator, beginners may find it easier to have separate calculators with preset values.
OddsMonkey’s matched betting tools are superior for horse racing offers, Profit Accumulator is more beginner friendly.
matched betting Community
Interestingly, both forums look very much alike at first glance. Even activity levels seem similar, with Profit Accumulator’s forum being slightly more active based on total posts.
Price Boost thread
Both OddsMonkey and Profit Accumulator have a thread in which members can post price boosts. Note that these are not official threads and OddsMonkey and Profit Accumulator have limited control over how many and what boosts are posted.
This comes with the caveat that I have only used Profit Accumulator a week and I do not know whether/how frequently posts are deleted.
As you can see from the table, there are comparatively more price boosts on OddsMonkey vs Profit Accumulator. However, interestingly, there is limited overlap of price boosts. This means in terms of price boosts, OddsMonkey and Profit Accumulator subscriptions complement each other and you need both to capture all price boosts.
On the other hand, doing too many price boosts is not good for account health so it is probably not beneficial to do them all.
OddsMonkey has more price boosts, but Profit Accumulator has a more active forum.
OddsMonkey vs Profit Accumulator comparison Conclusion
Should I join Profit Accumulator or OddsMonkey? Originally, I started this investigation with the goal of finding a clear-cut answer. However, it has become apparent that the answer is not as easy. I struggled with comparing some sections due to how different they were laid out e.g. reload offers.
Advantages of each site
When comparing OddsMonkey vs Profit Accumulator, each site has its strong points:
- OddsMonkey may be better for matched bettors relying on horse racing offers due to their horse racing matcher and more relevant calculators.
- Profit Accumulator, on the other hand, has a cleaner and sleeker design. Paired with clearer guides, this may be especially helpful for new matched bettors.
Profit Accumulator has the potential for more profit due to a wider selection of offers. However, OddsMonkey still captures enough offers (that Profit Accumulator misses) that an OddsMonkey membership is worth having in addition to Profit Accumulator.
If you are currently with OddsMonkey, you do not need to fall into a panic and cancel your subscription in favour of Profit Accumulator. Consider whether you have time to complete additional offers and if so, sign-up for a Profit Accumulator membership in addition to OddsMonkey.
If you are currently with Profit Accumulator, I would recommend you to stay put. You can still gain additional benefit from an OddsMonkey membership but this is less significant than vice versa. (Unless, you want to do more horse offers, in which case consider OddsMonkey.)
If you are not a member of either, I would generally recommend Profit Accumulator over OddsMonkey as you are likely a beginner.
Personally, I will probably stay with OddsMonkey as I like to analyse my matched betting data and it makes it easier to write matched betting income reports. Plus, the less time I spend on matched betting, the less important the choice between matched betting services becomes. However, I may change my affiliate links to Profit Accumulator.
I have only been a member of Profit Accumulator for a week; therefore I am less familiar with its functions than with OddsMonkey. It is possible that I may have missed important points. If so, please comment below.
Furthermore, this comparison of OddsMonkey vs Profit Accumulator is based on a single week. Available reload offers, forum activity, and other factors may vary at different points in time.
Please let me know your opinion below in the comments!
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