This Profit Squirrel review is a follow-up to my OddsMonkey review and my Profit Accumulator review. Profit Squirrel is another matched betting service and, albeit less well known, offers similar services to OddsMonkey and Profit Accumulator.
When matched betting, having access to a good matched betting service is crucial. The better it suits your needs, the more profit you can make. Therefore, my Profit Squirrel review will help you decide which website you should join.
This post contains affiliate links. Should you make a purchase or sign-up through my links, I will receive a commission at no extra cost to you.
Table of Contents
Summary: Should I sign-up to Profit Squirrel?
Profit Squirrel is for you if
- you are an experience matched bettor and
- you want to do matched betting very part time
If you are a beginner, I strongly advise against using Profit Squirrel. Instead, Profit Accumulator (free trial here) would be much better for you. See below for my rationale.
You can sign-up for your free trial of Profit Squirrel here.
Profit Squirrel review
What is Profit Squirrel?
Profit Squirrel is a matched betting service. It offers support and all tools you need to be successful at matched betting. Most importantly, it takes away the hassle of having to manually search for close odds by automatically matching profitable odds from the bookmaker and the exchange.
|Money back guarantee||30 days|
|Profit during free trial||~£60|
|Friend referral scheme||£10 per sign-up|
|Annual subscription fee||£150 (£75)|
|Monthly subscription fee||£24.99|
The normal price for an annual subscription is £150. However, after you sign-up and enter your first profit, you will see a pop-up giving you a far better rate:
Tutorials and training
Learning matched betting and understanding its concept is important for every beginner. Profit Squirrel assumes that you have no knowledge of matched betting. It offers a training section with videos and short written guides.
These guides are less detailed than those on Profit Accumulator but nonetheless explain the concept of matched betting in an understandable manner. There are useful pop-up ups that explain the jargon upon hovering over the word:
After learning matched betting, it is time to proceed to the welcome offers. Profit Squirrel has a good and comprehensive list of welcome offers.
However, after completing a few welcome offers, Profit Squirrel seems to think it is a good time for arbitrages (arbs):
That is absolutely the worst advice you can give a newbie. With arbs, you will make a profit quickly but you also lose your bookmaker accounts quickly. You should only ever arb once you are unable to partake in promotions (you are gubbed).
Amidst doing sign-up offers, the matched bettor is also introduced to 2ups. I am not sure how Profit Squirrel expects newbies to place bets of >£100 and do an early trade out. In my opinion, this is dangerous and could lead to the loss of a lot of money.
The casino offers guide is also quite brief and unsuitable for those who have never played a slot before. People who gambled on slots before will probably be fine with Profit Squirrel’s casino guide.
On the other hand, there were also a few positives about the welcome offer guide:
Profit Squirrel is good to emphasise the importance of mug betting (although placing ten mug bets may be hard for those starting with a small bankroll):
They also advise their users to install a browser extension to make bookies think you are placing a bet from mobile rather than desktop. This is genius and I really should have done this earlier.
Profit Squirrel review – Matchers
The oddsmatcher of Profit Squirrel looks very similar to that of Profit Accumulator and OddsMonkey:
The biggest disadvantage is that you cannot lay from oddsmatcher. This automatically also means that you will not receive a reduction of the commission paid to on the exchanges. At Smarkets you will pay 2% commission and at Betfair 2% to 5% depending on your plan.
As revealed in this Profit Squirrel review, there are no other matchers apart from the oddsmatcher available.
While the selection of matchers on Profit Squirrel is limited, they do offer all necessary calculators to complete any offer you may encounter. They also offer spreadsheets that help with more complicated offers such as accumulators (accas).
The profit tracker on the Profit Squirrel website is quite basic. You cannot enter your bets but are limited to entering your profit only.
To make up for this, Profit Squirrel has spreadsheets that you can download. There is one to track your account balances and one to track your bets.
These two spreadsheets are probably sufficient. For me, I prefer the simplicity of Profit Accumulator which allows me to enter bets directly on the website. However, other people prefer spreadsheets.
This is a very helpful tool that I immediately downloaded from Profit Squirrel. The slot guide shows you the return-to-player (RTP) of each slot (depicted as house edge). This makes finding the best slot for an offer much easier.
Even if you do not want to use Profit Squirrel, it is worth taking out their £1 for a week trial so you can download this spreadsheet.
The daily offers list is where matched bettors find reload offers. These are important to make a long-term income from matched betting. Using the daily offers list saves you a lot of time as you do not have to search all bookmaker websites for promotions yourself.
The daily offers list is kept up-to-date and has a sizeable amount of offers. The descriptions for each offer are but will enable you to complete the offer even if you are beginner.
Profit Squirrel does not have a forum. Instead, they offer a Facebook group with 3,622 members and 15 new posts in the last 30 days.
Profit Squirrel review summary
Profit Squirrel is a matched betting service comparable to Profit Accumulator. Compared to the latter, Profit Squirrel feels like a light version. They offer fewer tools and features but if you use the annual subscription discount, you will also pay less.
You can sign-up to your free trial here.
As revealed in this Profit Squirrel review, the tutorial section could do with some work and I would not feel comfortable to recommend a beginner to start matched betting. Profit Accumulator (free trial here) explains the concept of matched betting in a much better way with more guides and support available.
However, Profit Squirrel has a niche as a sort of ‘Profit Accumulator light’. If you want to do matched betting very part time, you may not need all tools and features that Profit Accumulator offers. Therefore, using Profit Squirrel will save you money if you use their annual subscription discount.
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