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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. Next, we repeat the process using the free bet rather than our own money. This is where we make bet best betting offers free 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.

  • Odds movement tracking can indicate where "smart money" is being placed.
  • Steady shortening of odds across multiple books may signal insider knowledge.
  • Some comparison services offer push notifications for significant line moves.
  • Historical odds data is valuable for analyzing bookmaker behavior patterns.
  • This data helps in understanding typical market movements before an event.

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 / Under 1.5

At Oddschecker you can compare odds across 25+ leading UK bookmakers for hundreds of leagues and competitions globally. Whether you’re looking to compare odds on accumulators, singles, the best boosts in the market or bet builders our platform has you covered. Football is the most popular sport in the UK for betting and for good reason especially with the digital tools now available. Players can now place bets any time on the go provided there is a secure internet connection to stay on top of the action and live odds. The number of markets available to bet on has exploded over the last few years and that is only continuing with more stats markets becoming available.

Totals (Over/Under)

You can now bet on markets such as yellow/red cards, shots on target per player, assists, passes completed and saves made. When building an accumulator, you have a few options for your comparison journey before you place any football bets. You can build an accumulator by navigating to our football coupons on the football homepage, league pages, our dedicated coupons on our accumulators section or visiting the individual match grids. Once you’ve added all of your chosen selections to the betslip, you can click/tap on the ‘View Comparison Grid’ button once on the betslip. That will take you to our bet basket feature where you’ll be able to see the odds across 25+ bookmakers for each individual selection as well as the total price for the accumulator. 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.

Understanding Betting Odds - American Odds Explained

You can also tick bets on and off while keeping them in the basket and see how that affects the total price. You then have the choice of placing the bet through our interface or clicking out to your chosen bookmaker and placing the bet on their website. If you’re confident in your selections and want to go straight to the betslip you can do that by following the same process above, where the bookie with the best price will appear at the top of the betslip by default. You can then either place your accumulator directly through us or clicking out to your chosen bookmaker. If you’re comparing sports betting odds for today’s games, expect prices to vary by book.

What does over 3.5 goals mean?

The spread might be the same, but the payout often isn’t. Getting the best number—whether that’s -5 instead of -6 or -105 instead of -115—adds up over time. This guide shows how odds work, how to read lines fast, and how to shop prices without overpaying. Books don’t all take the same action, at the same time, with the same limits. That’s why you’ll see differences in: If the team wins by 6, -6 is a push and -5 wins. 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. OddsMonkey Premium pays for itself 20x over You can make £1,000’s profit with an OddsMonkey Premium account. Try it for free and we’ll show you how. Make £1,000’s monthly with our most powerful value betting tool.

Bookmaker Manchester City Win Draw Liverpool Win
Bet365 2.10 3.60 3.40
William Hill 2.05 3.50 3.50
Pinnacle 2.15 3.65 3.30
Betfair 2.12 3.55 3.45

We are a team of software developers and experienced Matched Bettors, dedicated to helping you earn a sustainable, tax-free income every month. Address: Liquidity Trading Limited, Madison Building, Midtown, Queensway GX11 1AA, GibraltarEmail: [email protected] *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. This website is strictly for over 18’s. If you do have any concerns about gambling please contact GambleAware 18+ Wagering and T&Cs apply Play Responsibly Commercial Content 18+ Wagering and T&Cs apply Play Responsibly Commercial Content If you're looking to sign up for a new betting account, don't forget to use the latest bet365 bonus code. bet365 accepts new customers from most countries and offers a sports sign up bonus when local law permits. There are 3 methods of stating odds that most bookmakers and websites support. Implied Probability is also useful when evaluating a bet or checking how likely an outcome is. Used primarily in bet legit betting sites the UK and Ireland, fractions quote the potential profit should the bet succeed relative to the stake. For example, if £5 is bet at odds of 2/1 the potential profit is £10 (£5 * 2) and the total returned is £15 (£10 plus the £5 stake). Decimals quote the potential return should the bet succeed relative to the stake. For example, if £5 is bet at odds of 3 the total returned is £15 (£5 * 3) the potential profit is £10 (£5 * 3 minus the £5 stake). Positive figures: The odds state the winnings on a £100 bet e.g.

Local Offers

3) Learn key numbers so you don’t give away half-points. 4) Use an odds converter when switching formats. 5) For parlays, verify payout with a calculator—small pricing gaps compound. A push is a tie against the posted number (example: -4 wins by exactly 4). Weekly leagues often open early in the week; daily schedules usually post the night before or the morning of the event.

Using tipsters and fellow bettors’ knowledge

Typically injury news, limit changes, or sharp action that forces books to rebalance. Use regulated options where available, read rules before depositing, and set limits so betting stays entertainment. 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. This is the initial bet you place to unlock the free bet offer. american odds of 110 would win £110 on a £100 bet.

Bookmaker Welcome Offer Minimum Odds Requirement Wagering Requirement
BetVictor Bet £10 Get £40 1.80 (4/5) 4x
Ladbrokes Bet £5 Get £20 2.00 (Evs) 3x
Betfred Bet £10 Get £30 1.50 (1/2) 5x
Coral Bet £5 Get £20 1.80 (4/5) 4x

Negative figures: The odds state how much must be bet to win £100 profit e.g. american odds of -120 would win £100 on a £120 bet. Odds correlate to probability e.g a 3/1 bet is expected to win one in every 4 attempts.

  • Odds comparison websites aggregate prices from dozens of sportsbooks.
  • They allow bettors to instantly see which bookmaker offers the highest payout.
  • Most services cover major sports like football, basketball, and tennis.
  • Some advanced tools include odds history and movement graphs.
  • Arbitrage opportunities can be identified when discrepancies are large.
  • User accounts often enable setting alerts for specific odds thresholds.

Decimal - 1 divided by the decimal odds, multiplied by 100 to give a percentage e.g. Fraction - 1 divided by (the fractional odds plus 1), multiplied by 100 to give a percentage.

  • Regional restrictions mean not all compared odds are available to every bettor.
  • Geo-location verification can lock you out of the best-price bookmaker.
  • Comparison sites often display a disclaimer about regional availability.
  • Local tax laws on winnings also affect the net value of compared odds.
  • Payment method restrictions can further complicate accessing the top price.

fractional odds of 3/1 = (1 / ((3/1) + 1)) * 100 = 25%.

  • Bonuses and free bets can distort the true value of compared odds.
  • Effective odds calculation must account for wagering requirements.
  • Some comparison engines have built-in bonus-adjusted value calculators.
  • Terms like "odds boosts" are often proprietary and not compared externally.

American: Positive odds - 100 divided by (the american odds plus 100), multiplied by 100 to give a percentage e.g. american odds of 150 = (100 / (150 + 100)) * 100 = 40%.Negative odds - Firstly multiply the american odds by -1 and use the positive value in the following formula: american odds divided by (the american odds plus 100), multiplied by 100 to give a percentage e.g. american odds of -300 = (300/(300+100)) * 100 = 75%.

Rule 4 Deductions Explained: What You Need to Know

Same game—different result—because you found a better line. Most sites let you choose your preferred display. -110 means you risk $110 to profit $100 +150 means you risk $100 to profit $150 Decimal includes your stake in the return. $100 × 2.50 = $250 return ($150 profit) Risk $2 to profit $9 (return $11) Implied probability: 2 / (9 + 2) ≈ 18.2% A handicap that creates a fairer price. Example: Team A -4 (-110) vs Team B +4 (-110) Player or team stats (yards, shots, strikeouts, etc.).

Fractional odds

Great for bet free bet offers no deposit uk targeted opinions, but compare price and limits carefully. Long-term markets like season wins or a title winner. Futures can swing quickly as news and results hit. Most line movement comes from information + real money, including: Late public action close to start time The takeaway: don’t just ask “What’s the line?” Ask “Is the odds price still good?” 1) Compare multiple books before you place a wager. 2) Shop the price (the juice), not only the spread. Positive odds - 100 divided by (the american odds plus 100), multiplied by 100 to give a percentage e.g. american odds of 150 = (100 / (150 + 100)) * 100 = 40%. Negative odds - Firstly multiply the american odds by -1 and use the positive value in the following formula: american odds divided by (the american odds plus 100), multiplied by 100 to give a percentage e.g. Decimal - 1 divided by (the percentage divided by 100) e.g. a probability of 50% = 1 / (50 / 100) = 2.