Is OddsMonkey legit? (who runs it, what you pay, and what can still go wrong)

What OddsMonkey is and isn't

OddsMonkey is a subscription service for matched bettors. It lists current bookmaker sign-up offers and reloads, finds matching odds, and has tools and training. It's not a bookmaker, not a tipster and not an investment. You never place a bet with OddsMonkey: you bet with bookmakers and exchanges in your own accounts, and OddsMonkey tells you what to bet and how to cover it.

If you're not sure how matched betting itself works, my beginner guide starts from nothing and uses real numbers.

Who runs it

• Operator: Liquidity Trading Limited, Madison Building, Midtown, Queensway, Gibraltar GX11 1AA (named on OddsMonkey's website).
• History: its site says it was founded in 2011 and has helped 500,000+ people. Those are its numbers, not mine.
• Same company as Outplayed: Outplayed's site is also © Liquidity Trading Limited. NEXT.io reported the two groups merged in December 2024. See OddsMonkey vs Outplayed.

What it costs, how to cancel, how to get a refund

On 22 October 2026, the pricing page listed:

• No contract. The pricing page says "No contract. Cancel anytime." You cancel from your account dashboard.
• Refund: tell OddsMonkey within 14 days of your first purchase and the first payment is refunded ([email protected]).
• Free trial first. Its help centre says no payment details are needed. See the free trial page.

Transparent prices, a stated refund route and a named operator are what you want to see. They are good signs for any subscription.

What can still go wrong

Being legit doesn't remove the real risks of matched betting. These are the ones I'd want a beginner to know before paying anyone:

• Bookmakers limit accounts. Stakes get capped or accounts are closed. It's the main long-run limit on matched betting, and it's a bookmaker decision, not OddsMonkey's.
• Mistakes cost money. A lay that doesn't match, the wrong odds, a bet that gets voided: each can turn a locked-in result into a real loss. Check every bet matched.
• Offers run out. Sign-up offers are one-off per bookmaker, so the easy money is front-loaded. Reloads are smaller.
• The marketing is rosier than the maths. OddsMonkey's own FAQ pages describe matched betting in no-risk terms. I don't, because of the points above. Its pages also say many members make up to £1,500 a month, which is its claim and not something I've verified.

The Entain legal claim, in context

According to NEXT.io (22 August 2025), Entain filed a civil claim in the English High Court on 21 August 2025 against Liquidity Trading Limited and others, alleging passing off and trade mark infringement. I haven't found a result. It's a dispute between businesses, reported by a third party. It isn't evidence that the software doesn't work, and it isn't proof of anything on either side. It's worth knowing because it concerns the company you'd be paying.

Red-flag checklist for any matched betting service

Use this on OddsMonkey, on its rivals and on the next ad you see:

On its public pages OddsMonkey shows a named company, listed prices and a clear cancellation and refund route. On promises it's mixed: there's a no-guarantee disclaimer, but the marketing leans on rosy income claims. On cost, the entry plans are tens of pounds a month, but the top tier is £3,000 a year, so don't buy that one until you've been matched betting for a while. The last row I can't verify from the outside.

Lewis's take

I started with OddsMonkey in 2017 and made about £1,000 in my first four weeks. Later, nearly every bookie gubbed me (and, weirdly, my family too), which is what pushed me towards shops and advanced tools like Bookie Bashing. I'm also the guy who'd tell you a £1,000+ course isn't needed: everything I share and teach here is free. I'm an OddsMonkey affiliate, so you should read my opinion of it with that in mind.

Sources, checked 22 October 2026: OddsMonkey pricing, OddsMonkey help centre, NEXT.io. This is not legal advice.