Let’s Answer your Questions

Matched betting is a low-risk way to make money by using bookmaker promotions to place bets both for and against an outcome to secure a profit.

Yes, matched betting is completely legal in the UK. It uses bookmaker promotions and betting exchanges in a legitimate way.

No! OddsMonkey’s guides and tools are designed for beginners to make the process as simple as possible.

OddsMonkey is a comprehensive platform designed to simplify and streamline the process of matched betting. It provides tools, tutorials, and expert guidance to help users take advantage of bookmaker offers in a low-risk way to generate income. OddsMonkey caters to both beginners and experienced matched bettors.

You can start with as little as £50, though having a bit more makes it easier to complete offers faster.

All you need is access to OddsMonkey (sign up through our link for free tools), a betting exchange account, and a bookmaker account.

We recommend setting up a dedicated bank account and email address for your betting activities. Check out our First Steps Guide.

This depends on the time you invest. Beginners often make around £40 in their first week and could earn thousands each year like our founder who made around £2000 in his first year.

No, earnings from matched betting are tax-free in the UK because they’re classified as gambling winnings.

Matched betting is low-risk when done correctly. However, mistakes (like betting on the wrong event) can lead to losses, so it’s important to follow the steps carefully.

Absolutely! Matched betting is flexible, and you can fit it around your studies or work commitments.

Losing an offer usually means you’ve made a mistake. Check your calculations and always double-check your bets before placing them.

Start with well-known bookmakers offering welcome bonuses and exchanges like Betfair or Smarkets for lay bets.

OddsMonkey provides the tools, calculators, and step-by-step guidance you need to maximize your matched betting profits easily.

OddsMonkey offers a free trial to help you get started and make up to £40. After that, a premium paid plan provides access to advanced tools and more offers.

Use our free budgeting tools and spreadsheets to track your bets, profits, and bookmaker accounts.