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Matched betting is a way to make money online by using the free bets and promotional offers that bookmakers give to new and existing customers.
With matched betting, we place two bets on the same sporting event to cover every possible outcome.
Step 1: The qualifying bet
This is the initial bet you place to unlock the free bet offer. For example, a bookmaker might say: “Bet £10, get £50 in free bets.” By following the matched betting process correctly, we don’t risk our qualifying bet. We don’t aim to win or lose; instead, we cover all outcomes so that, after very small costs, the free bet is unlocked.
Step 2: The free bet
Next, we repeat the process using the free bet rather than our own money. This is where we make our profit. Done correctly, we can typically lock in 75%+ of the free bet value as guaranteed profit, no matter who wins the event. In our example, we use a £50 free bet to generate £37.50+ profit by following the matched betting process.


Here at OddsMonkey, you can learn all about the UK’s best side hustles in matched betting and value betting. As a way to earn extra income, OddsMonkey provides you with the top tools and resources to lock in profits from using bookmaker’s promotional offers.
Since launching in 2011, OddsMonkey has become a leading name in matched betting and a trusted choice for thousands of users. As pioneers behind the original OddsMatcher software, we provide advanced tools, betting calculators, and expert insights while continuously evolving to keep pace with industry changes and help members stay ahead.
Since being founded in 2011, OddsMonkey has established itself as a leading authority in matched betting across the UK. As the team behind the original OddsMatcher software, we deliver powerful tools, detailed calculators, and trusted guidance designed to help members generate consistent results.
Over the years, OddsMonkey has built a strong reputation within the industry by continually refining our platform and adapting to changes in bookmaker promotions. Our focus remains on innovation, education, and providing members with the confidence and support needed to stay ahead.
At OddsMonkey, you’ll discover a complete suite of tools and resources created to simplify your matched betting journey. From advanced Oddsmatcher software and casino profit tools to free betting calculators, everything is designed to help you identify opportunities quickly and efficiently.
Alongside our software, members gain access to step-by-step tutorials, in-depth guides, and regularly updated offers. Supported by a thriving community of experienced users across our forums and social channels, you’ll have everything required to build knowledge, refine strategies, and maximise results.

You can make £1,000’s profit with an OddsMonkey Premium account. Don’t believe it? Try it for free and we’ll show you how.

Make £1,000s from bookmaker offers
Save 48% with an annual plan.
No contract.
Cancel anytime.
Total price: £39.99 billed monthly
Starter includes:
Make £1,000s from bookmaker offers. Plus £1,000s in casino offers.
Save 42% with an annual plan.
No contract.
Cancel anytime.
Total price: £49.99 billed monthly
Everything in Starter, plus:

Make £1,000’s monthly with our most powerful value betting tool.
Save 45% with an annual plan.
No contract.
Cancel anytime.
Total price: £149.99 billed monthly
Everything in Advanced, plus:
Make £1,000s from bookmaker offers
Save 48% with an annual plan.
No contract.
Cancel anytime.
Total price: £249.99 billed annually
Starter includes:
Make £1,000s from bookmaker offers. Plus £1,000s in casino offers
Save 42% with an annual plan.
No contract.
Cancel anytime.
Total price: £349.99 billed annually
Everything in Starter, plus:

Make £1,000’s monthly with our most powerful value betting tool.
Save 45% with an annual plan.
No contract.
Cancel anytime.
Total price: £999 billed annually
Everything in Advanced, plus:

OddsMonkey's Most Profitable Tools. Ever.
Save 45% with an annual plan.
No contract.
Cancel anytime.
Total price: £3000 billed annually
Everything in Pro, plus:
*DISCLAIMER: We’re legally required to state that there is no guarantee of specific results each month. The amount of money that you earn can vary dependant on the time and effort that you commit each month.
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