MatchedBets is one of the newer Matched Betting services that provides guides, tutorials, software and tools. They originally launched in early 2016 and have slowly been making their presense known. Their main competitive edge is that they’re the cheapest service on the web, coming in at £14/month or £99/year, and even allow you to try their service for free for a week.
But do they fall short on quality if they are priced so cheaply? In this article I will show you what they have to offer.
The oddsmatcher is good at what it’s designed for i.e. finding suitable matches to place free bets on. There are a couple things that I noticed when comparing it to Oddsmonkey
1. Maybe I was just looking at obscure markets, but I found that MatchedBets was slower to update than Oddsmonkey and tended to display out of date odds.
2. Despite point 1, I actually found that sometimes Matchedbets would display selections that weren’t on Oddsmonkey, which allowed me to take advantage of a few arbs.
3. There appears to less available bookmakers. This is fine for those that have the same system and use the same odds e.g. Mrgreen, 888sport, Grosvenor, 32bet, Unibet etc. However there are some key bookmakers like dafabet, 138, sportspesa, TLCbet, Fun88, 12bet and Comeon, Mobilebet which have there own odds system and are not on the oddsmatcher.
Racing Offers Matcher
This is a very well made tool and equally as good, if not better, than Oddsmonkey’s. It shows the offers available for each bookmaker and automatically finds the best horse to bet on to maximise the expected value of the offer. As you can see it will also show how much money you will need to do the offer as well as the available liquidity on the exchange to make sure you aren’t caught out unable to lay your bets. The liquidity aspect is far as I know something that Oddsmonkey doesn’t have for their racing matcher.
For someone with limited time this is can be useful, however most horse racing offers aren’t worth bothering with in my opinion. Back when I had my un-gubbed accounts I would simply just make a note of which bookmakers offer the regular horse racing offers that are worth doing.
The acca matcher has a database of all the Accumulator offers for each bookmaker and their T&Cs e.g. specific leagues and odds requirements. It then compares the odds to the exchange and selects the best matches, which the user has the ability to change if they want to change some selections. For the selected matches it calculates the expected value and required lay stakes (if applicable). There are four options given for the calculator, namely no lay, lay at the start, lay sequential and lay sequential with a profit lock in.
Accumulator matchers were something I used daily back when I was a beginner since finding good matches and taking in account T&Cs took quite a bit of work when I was new. After a while however, much like with the oddsmatcher and the racing matcher, I felt I didn’t need it anymore as I knew I could quickly look at the upcoming matches for the day and compare them with the bookmaker odds and select the best matches. I also always preferred using the no lay method for simplicity and greater EV so I couldn’t benefit much from the calculator either.
In comparison to Oddsmonkey I’d say there is little to choose between them. Both find good, suitable matches and show you the EV with different methods. I would say that I prefer the layout of Oddsmonkey however and I like the fact that they show the calculations of the EV.
Daily Offer Calendar
Probably the most useful part of their service if you’re busy is the Daily Offer Calendar. Whenever a new offer from a bookmaker comes up you will be notified by this calendar. Given the number of bookmakers, casinos and bingo sites there are it is nearly impossible to check or keep track of which offers to do which effectively means that the calendar pays for itself by making sure you don’t miss out on an offer. I found this was in fact the most useful of their services once I became an advanced matched bettor as keeping up with offers wasn’t something I got better with as I gained experience.
In terms of signup offers it seems that Oddsmonkey has a greater selection of bookmakers, however MatchedBets has more casino and bingo offers which are arguably more profitable in the long run. Unfortunately both tend to only go for the risk free or near risk free offers which leaves a lot of value on the table.
Comparison to Oddsmonkey
MatchedBets are a competitor to Oddsmonkey. They are slightly cheaper for the monthly subscription (£14 vs £15) however they have a real saving when it comes to a yearly subscription (£99 vs £150). They offer all the basics that Oddsmonkey does i.e. an oddsmatcher, daily offer calendar, and calculators. They also have some of the more advanced tools as well including the acca and racing matcher. The main drawbacks to MatchedBets are:
- No dutching matcher
- No EW matcher
- Limited community at present
- An inferior oddsmatcher that has less available bookmakers
They do seem to be better at showing available bingo and casino offers which is something Oddsmonkey don’t focus as much on.
In my opinion MatchedBets is well worth paying for particularly if you’re relatively new to matched betting or looking to increase your earnings. The £14/month (or £99/year) is rather cheap given that it takes just a few extra offers, matches with a lower qualifying loss, or arbs to be paid for. In my own experience Matched betting services served me well for about a year until I finally had so many account limitations and experience of doing everything manually that I felt I might as well keep the fee. I do feel that I could’ve savored my accounts for longer though as I did hit the arbs quite hard.
If you’re on the sidelines I still recommend signing up. Matchedbets normally have promotions going such as a one week free trial. If you’re ever confused about anything they also have a forum where you can ask questions and interact with other matched bettors as well as email and live chat support.