Update January 2018: The below review has been updated to reflect the improvements Profit Accumulator have made over the last few months. They have certainly listened to feedback and added some new features to their site.
Profit Accumulator is one of the most recognisable matched betting sites. I used to be a member there for over a year. They were pretty much the only professional service until OddsMonkey came onto the scene.
If you are looking for an completely honest review of Profit Accumulator from someone who was a member there for a long time then read on.
Many people will worry that matched betting is a con and that Profit Accumulator is in on that con. So let’s clear that up straight away. It isn’t a con in anyway shape or form. It’s a legitimate way to make money and Profit Accumulator is a legitimate website to learn matched betting. It is a good site too, you will be able to make money with their service no problem at all.
You need to be careful with your money and invest it wisely online and at Profit Maker we want to make sure you get the best deal and best value for money.
So is Profit Accumulator any good?
Overview of Profit Accumulator
Every day the Profit Accumulator website will post all the money making opportunities on their website for matched bettors to follow. They also have tutorials on how to get started. So no matter whether you are an experienced matched bettor or a complete beginner you can use them to make money.
Previously Profit Accumulator was £22.99 plus an additional £15.99 for extras like the Horse Racing matcher. This cost has recently dropped to £17.99 which is a much fairer price point and is in line with alternative matched betting sites like OddsMonkey.
Oddsmonkey originally provided Profit Accumulator with all their odds matching software. OddsMonkey have long been the brains behind matched betting software. For whatever reason Profit Accumulator started to develop their own software and at the same time OddsMonkey launched their own matched betting service. I switched over to OddsMonkey at this point as I found their software easier to use.
Note: We’ve written up a separate Oddsmonkey review which includes a full overview of their service.
When I first started matched betting Profit Accumulator were the best site. I enrolled on their site and despite knowing nothing about matched betting I made around £800 in my first month. It was a life changing moment. There are no risks to trying this out for yourself as they offer a full money back experience.
The best thing back then was the forum, you got great support from the community and staff and this continues to be the case today, the staff are helpful and there is a nice community of matched bettors there. When you first start out with matched betting it is likely you will need support to alleviate your worries. I was able to post on the forum and say guys I’ve made a mistake, how do I fix this. I was panicking. I needed the support and advice and I got it. My worries were quickly taken away.
Let’s look at Profit Accumulators service more in depth.
Software & Services
Profit Accumulator have all the basics you will need. An oddsmatcher, a calculator and a forum to ask questions. They have since added some more software as well like a horse racing matcher.
Tutorials & Training Videos
This is where I learned my trade and it does the job well. The videos and guides are easy to follow and will do a good job of teaching you the basics on how to get started.
They have a good beginner section to get you started.
Because of these tutorials you can be more confident in not making a mistake and you will know exactly what you need to do in order to profit from sign up offers and the daily reload offers posted on the site every day.
Matched Betting Calculator
Profit Accumulator have a simple calculator that will tell you what you need to back and lay as well as telling you how much profit you will make. Their calculators have all the features you will need to start matched betting.
Previously Oddsmonkey supplied Profit Accumulator with their oddsmatcher which was one of the reasons the site was so popular. They then decided to end ties with Oddsmonkey and develop their own oddsmatcher. For a period their software was lagging behind OddsMonkey but in recent months they have made great improvements which is great to see.
OddsMonkey’s oddsmatcher seems to have more bookies in it at the time of writing but a lot of them are for overseas matched bettors. So for UK matched bettors there is little difference there. If you are matched betting from Europe then you might want to check out OddsMonkey instead.
Matched Betting Forum
Like I mentioned previously, one of the best things about Profit Accumulator is their forum and the help and advice that is available there.
It doesn’t seem as active as it once was but there are still plenty of experienced matched bettors there to help you out and the staff are on hand to answer your questions as well.
You will find useful tips there and the members will often post offers that the staff have missed.
Don’t underestimate how important the forum is to any matched betting site. At some point you will need help and this is your first port of call.
Profit Accumulator’s forum also has a great deal of talk that revolves around actual gambling and that is something we don’t advocate. It’s a slippery path and totally unnecessary with the money available from risk free matched betting. The moderators do try to keep on top of this but on such a busy forum it’s a hard job.
Profit Accumulators support is pretty good if you bypass the forum and go directly to them. The staff are experienced match bettors and are happy to help you if you need it when you contact them. Sometimes they can be slower to respond than we would like but we understand that they are busy people. It can feel like a lifetime if you think you are about to lose a lot of money but this sort of panic eases as you become more experienced. Most mistakes can be easily rectified with the proper advice.
The Match Catcher
This is basically an upgraded oddsmatcher for the horse races. It’s much more up to dates a provides more of real time look at the current odds and matches.
We have no real issues with the match catcher. When it first launched it was very buggy. Now it is quite stable and works well.
Also previously they charged you extra for it which was a bit greedy in our opinion. It is now part of a standard membership fee.
This tool is particularly useful on Saturdays for the channel 4 racing offers. Odds move fast so you need something to make this provcess that bit easier and the match catcher does that.
The Acca Catcher will help you with your accumulators and making profits from every acca then becomes a breeze. You can easily plan your accas and save them so you can return later to put in the results and update the odds if necessary. Acca’s are now much more accessible. Previously you had to be very experienced to attempt accas but these days the software does all the working out for you so you can get stuck in.
The staff at Profit Accumulator are really good at posting all the latest offers. Once you have completed all the sign up offers you need to move onto the daily reloads in order to continue making lots of money every day.
The reload offers are as profitable as the sign ups and new ones role in every day. So every day you can login to the site and find the latest offers and learn how to make more money.
All the offers are posted on the forum with brief instructions on what to do to take advantage. Then underneath more helpful members of the community will post good matches and bets to help you get the offer complete.
Reload offers are how we make money every day moving forward. The journey is just beginning once the sign ups are complete.
Comparison vs. Competitors
Profit Accumulator are one of the most popular matched betting services and they are good at what they do.
The support is good and they have a very busy forum but this can be said of Oddsmonkey as well.
If Oddsmonkey didn’t exist we would happily recommend Profit Accumulator but right now in my opinion I think OddsMonkey is the better service. Although Profit Accumulator have improved they are still missing a couple of bits of software that OddsMonkey offer. Namely the Extra Place Matcher which is one my favourite ways to do the horses.
Both Profit Accumulator and OddsMonkey have a profit tracker. The difference being that OddsMonkeys is integrated with the tools and Profit Accumulators is not.
Other competitors are out there which are free. It’s nice to get things for free but this is one of those times where you get what you pay for.
There are tons of success stories on the forums and they have sections for people who have made into the “£1k club” etc all the way up to the “£100K Club” that is serious money.
Profit Accumulator is a good site. We are grateful to them for getting us started on our matched betting journey. Without them we wouldn’t have made so much money.
Profit Accumulator have really upped their game over the last few months and everything seems more professional. They are adding new software and the support is great.
Taking all this into account I am awarding Profit Accumulator 4 stars out 5. The only reason they don’t get top marks is that they are missing a couple of features you can get elsewhere. If you do decide to sign up with PA then we are sure you will have no regrets. It’s worth considering all your options before you sign up though.