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'Monkeying around' with the cost of matched
betting subscriptions |
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Odds Monkey, one of the
leading matched betting sites, has increased monthly subscriptions in line with
one of its major competitors. From 19th February, the monthly membership fee
increased from £15 to £17.99 while the annual fee remains unchanged
at £150.
Existing members wont feel the 5% increase as their
subscription charges will remain the same unless their membership lapses when
the cost of re-joining will be at the new rate.
Its a nice touch,
as it rewards loyalty of the existing customer base, but with a talkative forum
it remains to be seen how readily people will accept having to pay more than
others for the same service.
While the profits made from matched betting
will far exceed the subscription costs its interesting to note the
diverse charges for membership of matched betting sites, despite the
similarities in the basic product.
All the premium sites offer a list of
betting offers with guides explaining how to do each one. Odds matching
software and calculators find suitable bets and work out the ideal stakes to
lay on betting exchanges. This is sufficient to work through all the sportsbook
sign up offers which can net over £1000 profit and to allow members to do
most of the popular reload offers.
The decision by
Odds Monkey
to increase prices brings them in line with Profit Accumulator at £17.99
per month and £150 annual, taking them out of the value range
occupied by Matched Bets (£14 per month and £99 annual) and Profit
Squad (£15 per month and £99 annual).
Profit Squirrel has
the most expensive monthly subscription of £24.99 with annual membership
costing £198.99. One of the earliest exponents of matched betting is
Profit Maximiser which only has one subscription option of £116.40 per
year. This asks for quite a commitment from anyone new to matched betting, as
there is a noticeable falloff in interest once the sign up offers have been
completed.
Matched betting on a regular basis requires thoughtful
planning as many reload offers can only be done at certain times. Theres
no doubt that it remains a profitable endeavour in the long run but does
require more application. Its for these reasons; taking up monthly
subscription makes most sense while upgrading to annual is always there for
those that get the bug of making money from matched betting. |
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