You can cut down on multiple hours of research by using matched betting software and tools. When we reviewed and tested these software sites, we discovered that they can both identify appealing betting opportunities and maximise your ROI. You could spend hours manually doing this, but while these tools require a subscription fee, they are well worth it if used correctly.
What Tools Are Required For Matched Betting?
There are numerous tools that help you to make the most out of any bonuses or promos that can be used for matched betting. Some of these include:
- Odds comparison and value finders
- Matched betting calculators
- Bet trackers
- Free bet finders
- Reload finders
The most important of these tools is matched betting calculators, as they work out exactly how much you need to lay to get the most matched betting earnings. If you don’t use calculators, you may lay the wrong amount, which will affect your potential ROI.
Odds comparison and odds value finder tools are very useful, as they go beyond just matched betting. In terms of finding value, these tools can aggregate the odds provided by different bookies to identify the juice and then determine the ‘fair odds’, or tissue prices. They can also examine pertinent statistics and historical data, input them into a proprietary algorithm, and then generate fair odds. Whatever way the tools go about it, they look at odds from various bookies to find +EV betting opportunities, which can give you a higher ROI on your matched bets.
Bet trackers are important for maintaining and building your bankroll over the long term. By monitoring what works and what doesn’t, and which bonuses are the most effective, you will ensure you are constantly making steady profits as you continue to make improvements to your matched betting strategy.
Finding free bets is an essential part of any betting strategy, not only for matched betting purposes. They are not easy to track manually, you might sign up to a couple of bookies that offer ongoing free bet promotions, but these tools will help you find even more. The more free bets you find, the more possibilities there are for matched betting.
Best Matched Betting Software Sites
Matched betting means placing a back bet – where you are backing a certain outcome to occur – and a lay bet, where you bet on the opposite outcome of the same event. To do this, you must source suitable betting exchanges and bookmakers, and find at least one that offers bonus bets.
Software dedicated to matched betting can be a huge time saver, with features that can refine and improve your strategy. Here are some of the best matched betting software sites in the UK, including how they can help you in the long run.
#1. Outplayed
Outplayed has numerous key tools, including an integrated matched betting calculator, odds converter, oddsmatcher, a price boost tracker, and a lucky finder which builds 15 very high-value betlsips using their algorithm. This software is extremely beneficial as it finds free bet offers across the best bookies and finds the top bet matches for these bookies. Outplayed is always looking to add more resources and tools to its offering, and we were impressed with the variety of features available. The website is also user-friendly and easy to navigate.
Outplayed also doesn’t just stop at the regular bonuses, such as matched deposits or weekly free bets. It also looks at bookies tools such as odds boosts, extra places, and 2Up, giver you more options to look at.
Pros
- Lots of sign-up and reload offers
- Market-leading oddsmatcher
- Software perfect for matched betting
- Used by over 150,000 customers
Cons
- Can be difficult to understand how it works at the start
- Premium packages are expensive
Pricing
- Free trial (7 days)
- The first month is £12.50 (with the current 75% discount)
- Platinum deal: £500.00/year or £49.99/month
- Diamond: £800.00/year or £79.99/month
- Pro: £900.00/year or £150.00/month
#2. OddsMonkey
OddsMonkey are experts in matched betting. They were the first site to produce an oddsmatcher tool, and since their launch in 2011, they have continued to innovate and create new ways for users to maximise their profits. The site has helped over 500,000 navigate using free bets and other promotional offers given out by bookies. They have a wide range of matchers, from an Acca Matcher to a Racing Matcher and a Extra Place Matcher.
There are also several helpful calculators; we have never seen so many on one site, so you can accurately calculate how much to lay and back.
Pros:
- Powerful matching tools
- Large offer coverage
- Comprehensive guides and tutorials
- Active online community and support
Cons:
- Learning curve still exists
- Risk of bookmaker restrictions
Pricing:
- Free trial (7 days)
- Starter plan: £39.99 month/£249.99 year
- Advanced plan: £49.99 month/£349.99 year
- Pro plan: £149.99 month/£999.99 year
#3. RebelBetting
RebelBetting was founded in 2007 and is one of the most well-known sure betting and value betting software sites out there. Rebel states that they can provide users with value picks that can make an ROI of around 30% per month, which is extremely high for arbitrage betting, where, if you were to do this manually, you would be looking at around 5%. A 30% figure for arbitrage betting could mean greater ROI for matched betting, due to one of those betting lines already being covered by any free bet bonuses.
One of the biggest drawbacks that all bettors must know about RebelBetting is that there is no free bets finder, so you must take the time to source those on your own. It isn’t as time-consuming as finding and comparing the best odds, but it is still always better to have a tool that does this for you. If you want that, then RebelBetting isn’t for you. The main focus of this platform is to find value bets. In addition to identifying value and sure bets, RebelBetting offers betting strategy suggestions and a profit guarantee, which remains active until you earn a profit.
Pros
- Very customisable
- Free trial available
- Scans over 100 bookmakers
- The starter plan is great for beginners
Cons
- No dedicated mobile apps
- No free bets finder
- Expensive if you want to unlock premium features
Pricing
- Free Trial (14 days)
- Starter Plan: £62/month or £748/year
- Pro Plan: £118/month or £1,420/year
#4. BetWasp
Although BetWasp is an American sure bets software provider, it still covers a huge range of bookies, including big names such as Bet Victor, Betway, Ladbrokes, William Hill, and Boylesports. The software homes in on +EV wagers and also looks for arbitrage betting opportunities. There are no matched betting calculators or free bet finders, so it is a little bit trickier for matched betting purposes than a site like Outplayed. However, if you are ok with finding the free bets for yourself and you are happy to utilise the arbitrage betting calculator, BetWasp can be a very beneficial tool.
The software scans over 40 sports and over 40 bookies to give you your arbitrage bets. There are also multifilters available where you can keep track of your bets, and customise your scanner so you are only getting results for bets and sports you are interested in.
Pros
- Unlimited +EV betting picks
- Liver arbitrage betting opportunities
- Bet tracker
- Detailed guides
- Helpful calculators
Cons
- No free bet finders
- No matched betting calculators
- Pay in USD
Pricing
- $39.99 monthly for Prematch
- $139.99 monthly for Live
- $159.99 monthly for Prematch + Live
#5. BetBurger
Like BetWasp, BetBurger is an arbitrage betting software that offers a free plan and a paid subscription if you want to find value and sure bets. The site is incredibly easy to use, and there is no steep learning curve, which is not always the case when you sign up at software sites. It scans over 400 bookies, including big UK names such as bet365 and William Hill.
One of the best aspects of BetBurger is that it is very beginner-friendly. The BetBurger Academy provides in-depth guides on how to use their services and matched betting in general. BetBurger scans over 30 bookies a day, which, according to their literature, makes for over 10%+ profit and over 100,000 safe profit arbs.
Pros
- Beginner-friendly
- BetBurger Academy
- Free plan available
- Multifilters
Cons
- No mobile app
- The scanner can be glitchy
- No live chat available
Pricing
- A free subscription
- €79.99 for pre-match plan
- €279.99 for live plan
- €319.99 for prematch + live plan
#6. Surebet
Surebet is another US-based betting tool that tracks odds movements and assesses market prices, looking for arbing opportunities. The software on Surebet moves extremely fast; it can give you over a million arbitrage picks with returns of at least 1% at any time. The tool analyses the odds from hundreds of bookies and covers a huge range of sports, with the most esports markets we have ever seen. While Surebet is predominantly arbitrage betting software and not focused on matched betting, it will still enhance any matched bets that you place.
There is flexibility in terms of the subscription package you can choose as well, and it’s just a case of going for what best meets your needs.
Pros
- Fast pre-match finder compared to similar tools
- Free subscription plan available
- Scans hundreds of bookies
- Can upgrade to professional+ to access middle bets
Cons
- The filtering system needs more options
- No live odds scanner
- The interface is outdated
Pricing
- Free
- £22.57 per month for professional
- £24.32 per month for professional+
What to Consider When Choosing Matched Betting Software
There are various factors to consider when choosing the best matched betting software. Some punters may put more of a focus on different things, but there are some non-negotiables, such as site credibility and user-friendliness. If the site fails at any of the following criteria, we advise you to stay away.
Positive User Reviews
It may seem simple, but it’s important. The customer knows best, and if you find several customer comments on reliable sites like Trustpilot stating how effective the software is, it is a good indicator of the site’s credibility. Try to ignore generic comments that have likely come from a bot and read insights from genuine users.
Pricing
Once your free trial has expired, you may be impressed enough to consider subscribing. There are some software sites that can be very expensive, with some premium packages costing over £500 per year. Most of the sites offer a profit guarantee, profit tracker, or similar tool that helps you keep track of your profits and losses so you can see where you are getting the most ROI. The idea is that if you use these correctly, you will make money in the long run.
Tools and Features
Any quality matched betting software sites should offer a range of valuable tools and a deep level of analysis so you can make more informed decisions. We like to see sites with oddsmatchers, odds comparisons, profit trackers, and guides, and also software that scans hundreds of bookies to give you as much choice as possible.
User Experience
Getting to grips with sophisticated betting software can be difficult for anybody who is new to matched betting. The software developers must ensure that everything is well presented and digestible, so users can navigate around easily.
Free Trial
Try before you buy is the mantra, and it is important that software sites give you that option. Some sites offer discounted subscriptions for the first month, but having a free trial gives you a nice introduction to how everything works before you decide if you want to upgrade.
Matched Betting vs Arbitrage Betting
Matched betting and arbitrage betting are often grouped together because they are low-risk or risk-free betting strategies. However, although they look very similar at first glance, they work in entirely different ways and suit different types of bettors.
The key difference between the two is that matched betting uses bookmaker offers and involves bettors placing a back bet with a bookmaker and a lay bet with a betting exchange for the same event. The profit players make comes from the bonus, not from the event outcome.
Arbitrage betting, or arbing, involves exploiting odds differences between bookmakers. If somebody backs all outcomes at different odds, they are locking in a profit regardless of what happens. Unlike matched betting, there are no bonuses required, and the profit comes from odds discrepancies.
Matched betting is a great strategy if you are looking for safe profits with minimal stress, while arbitrage betting is more difficult as it’s riskier and less bookmaker-friendly. There is no doubt that both can work if executed correctly.
Summary
Choosing the right matched betting software for your needs is essential. The software sites we have listed on this page all provide different features so there is something for everyone. I feel OddsMonkey is a very strong choice if you are looking for an all-in-one platform that has a huge range of odds matchers, guides, and support.
However, it might not be ideal for someone who is only looking to do matched betting occasionally; BetWasp or Surebet would be better options for more casual bettors. Just make sure you have a list of goals you are looking to get out of your matched betting strategy, and then choose the software accordingly.
