Oddsmart is a comprehensive, browser-based matched-betting platform designed to help both novice and experienced punters extract near-guaranteed profits from bookmaker promotions.
Built around the simple principle of offsetting back bets at bookmakers with lay bets on exchanges, Oddsmart automates every step of the workflow—from spotting the most valuable offers to calculating precise stakes and executing hedges—so you can focus on strategy rather than spreadsheets. Here’s how it works, end to end.
1. The Matched-Betting Concept
At its core, matched betting exploits free-bet offers, enhanced odds, and refund promotions by placing two opposing bets on the same market:
- Back Bet (Bookmaker): You place a qualifying bet (e.g. £10 on Team A at odds of 2.5) to unlock a free bet or refund.
- Lay Bet (Exchange): You lay Team A at an exchange (e.g. Betfair or Smarkets) for the exact stake calculated to guarantee minimal loss or a small qualifying loss.
When your back bet loses, the exchange lay returns your stake; when it wins, the back returns your winnings and the lay subtracts a matching amount. With a free bet or refund, the net result is a near-certain profit.
2. Signing Up and Connecting Your Accounts
- Create Your Oddsmart Account
Visit Oddsmart.co and register in under two minutes. New users receive a free trial with full access. - Link Your Exchange
Securely connect your Smarkets (or other supported) exchange via bank-grade encrypted API. No passwords are stored in plain text. - Configure Personal Settings
- Default Stake & Commission: Set your typical qualifying-bet stake and exchange commission rate (e.g. 5% for Betfair, 2% for Smarkets).
- Odds Format & Time Zone: Choose decimal or fractional odds and your local time zone (e.g. Europe/London).
- Notification Preferences: Enable desktop, mobile or email alerts for new offers.
3. Discovering Value with OddsFinder
OddsFinder is Oddsmart’s real-time scanner that combs through hundreds of promotions and live market feeds, matching bookmaker offers to exchange markets in seconds.
- Live Offer Aggregation
It ingests sign-up free bets, enhanced odds, money-back guarantees and more from dozens of bookmakers—Bet365, William Hill, Betfred, Paddy Power, Kwiff, and niche operators alike. - Filtered Results
Apply filters by sport (football, horse racing, tennis, etc.), market type (match winner, over/under, handicap), minimum profit threshold or bookmaker preference. - Ranked Opportunities
OddsFinder ranks bets by expected profit per minute, accounting for market liquidity and execution time, so you target the highest-value plays first.
4. Precise Stake Calculation
Accuracy is vital. Mistakes in stake calculation can erode your margins, so Oddsmart provides a suite of calculators tailored to each sport and market:
- Matched Betting Calculator
Enter your back stake, back odds, lay odds and exchange commission to instantly see the exact lay stake and liability. - Sport-Specific Calculators
- Horse Racing Each-Way Calculator: Handles extra-place promotions and place terms (e.g. 1/5 for first four places).
- Accumulator Calculator: Balances multi-leg offers (e.g. “Bet four races, get a £10 bonus”) across all legs.
- Over/Under Games (Table Tennis/Tennis), Handicap (Darts/Rugby), Statistics Specials (Cricket, Football), and more—each tuned to the unique odds distributions of its market.
- Error Checking
Built-in validations flag discrepancies (e.g. minimum-odds requirements, maximum bookmaker stakes) so you never place an invalid qualifier.
5. One-Click Bet Execution
Manual bet placement is slow and prone to typos. Oddsmart automates this via:
- Place Back
Click “Place Back” to open the bookmaker’s site in a new tab. Enter your stake and confirm the bet as usual. - Auto-Lay
Return to Oddsmart and click “Place Lay.” The platform calculates your ideal lay stake—accounting for commission and rounding conventions—and submits it instantly via the exchange API. - Multi-Leg Matcher
For complex promos (e.g. Lucky 15, series accumulators), the Multi-Leg Matcher places all backing and corresponding lays across multiple markets in one seamless operation.
6. Profit Tracking and Reporting
Profit Tracker consolidates every bet you place—both automated and manual—into a centralised dashboard:
- Session & Date-Range Summaries
View total stakes, returns and net profit for today, this week, last month or any custom period. - Performance Breakdowns
Filter by tool (e.g. Odds Boost Matcher, Early Payout Matcher), sport, bookmaker or market type to see which strategies yield the best ROI. - Visual Charts & Tables
Interactive line and bar charts display profit trajectories, while tables rank your top-performing bookmakers and competitions. - Exportable Reports
Download CSV or PDF summaries for personal analysis, tax reporting or to share with an accountant.
7. Specialist Matchers and Advanced Tools
Beyond core workflows, Oddsmart offers sport-specific “matchers” that pinpoint niche promotions:
- Odds Boost Matcher
Detects and matches boosted-odds specials (e.g. “4/1 on Harry Kane to score”) across bookmakers. - Bet Refund Matcher
Exploits money-back offers (e.g. “refund if first goalscorer doesn’t score”) by automating refund detection and free-bet conversion. - Early Payout Matcher
Locks in profit when early-payout promotions trigger (e.g. “paid out if team goes two goals up”). - Extra Place Matcher
Identifies horse-racing each-way extra-place deals (e.g. paying four places instead of three) and calculates lay positions for place markets. - Odds Drop Matcher
Catches rapid odds collapses (“steam moves”) across bookmakers and capitalises by backing high odds then laying at shorter post-drop odds. - Specialised Matchers for cricket, darts, snooker, eSports, rugby, golf and table tennis—all tailored to the quirks of each sport’s markets.
8. Best Practices for Sustainable Profits
- Rotate Bookmakers
Spread your bets across multiple operators to avoid account restrictions. OddsFinder and your dashboard help you track which bookmakers you’ve used heavily. - Monitor Liquidity
Low-liquidity markets can lead to unmatched lays. Use volume filters and liquidity warnings to exclude problematic markets. - Review Weekly
Spend 10 minutes every Monday analysing your dashboard. Identify high-ROI promos and focus on those in your scanning schedule. - Bankroll Management
Divide funds by sport and promotion type to spread risk—especially during periods with overlapping major events. - Stay Disciplined
Treat your matched betting bankroll like an investment. Avoid the temptation to “gamble” free-bet profits outside the promotional remit.
9. Getting Started
- Sign Up at Oddsmart.co and start your free trial.
- Link Your Exchange via the secure API setup.
- Set Your Preferences for stakes, commissions, filters and alerts.
- Run OddsFinder, select your first matched bet and click through to place back and lay bets.
- Monitor Your Profits in Profit Tracker and refine your strategy.
Oddsmart transforms matched betting from a time-consuming, error-prone process into a streamlined, automated journey. Whether you’re seeking a reliable side income or scaling professional matched-betting profits, its combination of real-time scanning, precision calculators, one-click bet execution and detailed analytics gives you everything you need to succeed. Sign up today and let every bookmaker promotion become an opportunity for near-risk-free profit.