Profit Accumulator Review 2020 – Should We Believe 20,000 Members’ Earning Claim?
Estimated Reading Time: 19 minutes
Our Profit Accumulator Review validates how 20,000 paid members earn £1,000 a month via Matched Betting.
The “Show” box underneath displays Full Contents of Profit Accumulator review & Jump Links for your convenience.
- 1. Profit Accumulator Review Key Summary
- 2. How much can Profit Accumulator make?
- 3. How does Profit Accumulator work?
- 4. Profit Accumulator Calculator / Software Tools
- 5. How To Start Profit Accumulator Free
Profit Accumulator Review Key Summary
Is Profit Accumulator worth it?
Profit Accumulator (PA) is a matched betting subscription service, founded in 2014 by a young entrepreneur Samuel Elliot Paul Stoffel. Sam’s comment in PA face book comprehensively explains the company background, which may give you some insight on “Is Profit Accumulator con? or “Is Profit Accumulator worth trying?" as follows;
“I’m 25 years old and quite possibly the only person in the country that paid their entire University fees before graduating, without working a day. A lot of people have heard of Matched Betting. It’s been discussed on popular outlets like The Guardian (profit accumulator review guardian) and MoneySavingExpert as a viable way of making easy cash. I stumbled across this a few years ago and started pocketing up to £2000 per month, tax free, with absolutely no risk. So the question I asked myself is why isn’t everyone doing this? Anyone can do this, and it is mathematically impossible to fail."
“The problem most people have is that it can be hard to find enough worthwhile bonuses to generate a full time income, and it’s not always easy to know how to turn the bonuses into real cash. And so evolved Profit Accumulator. I created this website as a way to avoid all that hard work as I believe that anyone should have access to this information. Nobody should be out there slaving away in minimum wage jobs and struggling for money every month when they could be making £1000-2000 every month with very little effort."
“My membership area will walk you through cashing out the bookmaker bonuses, with detailed video and written guides. We have exclusive forums for members and my fully trained, expert support team who can talk you through every step. I want to make this a reality for more people in the UK. “
Profit Accumulator have had over 120,000 paying customers since its inception, which is definitely one of the biggest UK matched betting sites.
The below table covers Profit Accumulator key information;
|Is Profit Accumulator Legit?||Yes, operated by Profit Accumulator Ltd / Company number 09279685 / Companies House filing history|
|Main Services||Tutorial: Full training guides & videos / Offer: Daily offer calendar / Software: Oddsmatcher, Match Catcher (Horse Racing), Acca Catcher, Extra Place & Each Way Catcher and Dutching / Tools: Profit tracker, 20 Profit Accumulator calculators|
|Casino & Bingo||Training & Offers list based on 4 risk levels.|
|Forum||Profit Accumulator forum is probably the largest & most active forum in this industry.|
|Exchange 0% Commission||Teamed up with SMarkets & Betdaq to regularly offer Zero commission.|
|Profit Accumulator Profits||£1,000+ per month – see the below “How much can you make from profit accumulator" section.|
|Membership cost||Profit Accumulator Platinum membership costs you £17.99 a month or £150 for the year.|
|Is Profit Accumulator safe?||Even you pay full annual fee of £150, you will recover it within a few days, so, pretty good risk & reward ratio.|
|Free Trial||Yes, register here – you can earn up to £40 (see at the end of this review for details).|
|Money Back||You can cancel subscription at any time and get money back within the first 30 days (Refund T&C)|
|Profit Accumulator vs Oddsmonkey||See comparisons of 3 services and also find their latest offers or go Oddsmonkey Review.|
*Since you have come to Profit Accumulator review, I assume you understand matched betting though, just in case you don’t take a look at matched betting for dummies.
How much can Profit Accumulator make?
Does Profit Accumulator really work?
This is the most common questions we have received, therefore we start up with this subject. Sam said in the blog;
“Our members make £1,000+ tax free every single month Matched Betting. These are guaranteed, risk-free profits. Anyone can use this system to make up to an extra £20,000+ a year. In the UK, you don’t pay TAX on money earned from betting (even if that’s risk free betting!), so that’s the equivalent of a £31k a year salary."
“We aren’t talking about gambling – taking a punt on the latest Premier League football match and just hoping for the best. Instead, we’re talking about placing matched bets, a process that takes all chance out of the equation, in favour of a guaranteed way to make cash, time after time. Is matched betting really worth the hype?" “Don’t misunderstand us here – matched betting isn’t a 'get rich quick’ scheme. If you do it right, you won’t be rolling in the millions, but you can make a reliable few hundred – perhaps even thousands – of pounds every month, all while doing relatively little work yourself." “You could be generating £30 an hour while sitting at home taking advantage of the free bets offered by bookmakers, and here at Profit Accumulator, we have set up a complete online platform that makes it all as easy as can be – even if you have never taken an interest in sports betting previously."
Hundreds of members are updating their profits based on the experience with PA, which is considered to be the evidences that the claims PA makes are authentic.
Suggest take a look at the last section of this guide where you will find how many people are listed in £25K, £50K Club, £200K Club & £500K club respectively.
BTW, the below Profit Accumulator Trustpilot score also speaks volume;
Profit Accumulator – how to make £1000 a month
There are 2 Lists members follow every day which are How to make £1000 a month & How to make £300 a month PART TIME! Obviously the first one is for those who make more commitment and the 2nd one is for busy people who can spare only limited time for this activity. Everyday, the concrete action lists are posted as below;
How to make £1000 a month
How to make £300 a month PART TIME
Profit Accumulator Full Time
Whether matched betting can be a full time job or not is always a debatable topic. There seems to be many people who take Go Full Time with Profit Accumulator observed by the posts in Profit Accumulator private forum like below; The person who posted in Profit Accumulator forum is a living evidence of make living Profit Accumulator.
We ourselves are not supporting the notion of going full time with matched betting. However, in case you face unexpected thing and any financial difficulty, Profit Accumulator could be your contingency, and exactly that’s the benefit of Extra Income we GEM would like our readers to have. Go Free Trial.
How does Profit Accumulator work?
Is Profit Accumulator any good?
Let me excerpt the info from Profit Accumulator Forum as follows;
This page related to the 888 group Millionaire Genie loophole. It’s suitable for 888casino, 888sport, Eurocity, Reef Club Casino and Casino on Net. This page assumes you’ve been credited Freeplay from an offer and you’ve played through the entire freeplay. Usually the winnings from your freeplay will not be withdrawable. This page will show you how to withdraw those funds."
Profit Accumulator sets a Loophole Thread in its private forum and 20,000 members post & update & exchange information like the above Millionaire Genie case; Don’t get me wrong, finding & pursuing loophole is not a Profit Accumulator’s mainstream at all. (BTW, you may want to see the casino winnings reported by the members). Actually, this is a tiny benefit you can get from it, because Profit Accumulator’s main service is Matched Betting.
How to use Profit Accumulator
The below screenshot shows the dashboard, which gives you an overall picture how profit accumulator organizes the service.
Profit Accumulator Forum – Collective Wisdom
As seen in the huge number of posts from the below image, its private forum is extremely active. 20,000 members post their success stories, mistake experiences, suggestion, new offer virtually everything you need to know to work on the matched betting. All the instruction by PA is fine tuned here and any new offers are examined by thousands members immediately and quick feedback are appeared for everyone to share the knowledge, means the information you get in the forum is very practical & quality.
Profit Accumulator Calculator / Software Tools
Profit Accumulator Calculators
There are 20 profit accumulator calculators as below;
You are able to use these advanced calculators including expected value calculators, spread betting calculators, bonus-lockin calculators and many more which can deal with almost all types of matched betting opportunities.
More good news is that the below software enable you to identify those opportunities while calculating the required back & lay bet stakes and expected profits automatically;
There are numerous unique Software / Calculators Tools that make your matched betting easier & more profitable. For matched betting software, Profit Accumulator equip 6 key software as the drop down menu shows below. And the basic but the most important one is Oddsmatcher.
Profit Accumulator originally used Oddsmonkey oddsmatcher though, they created their own version by investing more than £500,000 which is really a top notch quality;
Match catcher is a near-real-time horse racing odds software by taking advantage of every day horse racing refund offers. The software gives you the required lay stakes and expected profits when you select the desired race as below;
The Multiple Bets / ACCA Bets are extremely lucrative for the matched betters if you can mange rightly because the offers are on all the time by most of major bookmakers. Since multiple bets is the bookies’ favorite due to the fact that this is the bet many punters lose money being attracted by extremely high return. Many matched betters struggle how to do matched betting in Multiples / ACCA, it requires a bit complicated & tedious calculation but here you can make it easy. Importantly, bookies love customers who regularly bet ACCA, therefore they may hardly restrict the account who do ACCA. Simply, this is a Win Win for both matched bettors & bookmakers.
PA’s ACCA Catcher is a convenient tool that can allow you to make profit significantly from Accumulator Betting by Lock-In Profit. You may wonder How? It is composed of 3 main parts: An Acca Search, and Acca Calculator, and the My Accas section. In the Acca Search section, you will see a list of Accumulator bets that are pre-built for each bookie to fit the requirement for particular Accumulator Refund offers. The search shows all of the legs of the bet, the total back and lay odds, the start and end date, and also the 'Expected Value'(Average profit) and the Qualifying Loss (based on Normal mode) as below;
If you click the little calculator button on the left hand side of the result, you bring up the Acca Calculator, which contains the full details of your Acca. Here, you can edit all of the info for the bet if needed, or even create your own custom Acca. The calculator lets you choose between 3 modes: Qualifier, Refund Lock In and Free Bet.
- Qualifier Mode is simply the “Bet and Hope" method. You place your Acca and lay off each leg sequentially. You take a qualifying loss (usually around £5-6) and hope that exactly one leg loses so that you get the free bet. The EV represents the “average" profit you’ll make across many attempts. The “Profit" box will always be negative in this mode, as it displays the worst case scenario.
- Refund Lock In mode is the guaranteed profit method. This alters your lay stakes in order to make a guaranteed profit by laying against the potential refund. In this method, you’ll make a guaranteed profit shown in the “Profit/Loss" box. Again, this box shows the MINIMUM possible profit. If you mouse over this box, you can get a breakdown of how the profit changes in each scenario.
- Free Bet mode is for use when using Accas as SnR free bets.
You can decide which mode to use before starting your acca, and should avoid switching mid-way through. You can click the Save to My Accas button to store your Acca in the “My Accas" section. This allows you to easily view all of your ongoing Accas and update their progress as necessary. You will receive email notifications prior to each leg of your bet starting, in order to remind you to lay.
The calculator will then either display your next lay stake, or indicate that you should not proceed any further, the below is te example of Normal Mode;
Refund Lock-In Mode
It shows like this; It’s not cheating, this software allows you to lock in a guaranteed profit from every accumulator you place. ACCA Catcher calculates exactly how much you have to bet, so that all you need to do is place the right bets and collect your profit.
Refund Lock-In Mode
It shows like this;
Lay All Mode
Profit Accumulator’s dutching software often locates arbitrage opportunities like below;
Each Way Matcher
Each Way Catcher provides you with arbing opportunities in each way betting, which can be used in your gubbed account, thus it’s a long-term sustainable income;
Extra Place Catcher
This software helps members maximise profits from horse racing extra place offers. The below example indicates that you place £10 each way bet on Buridan in the shown race and lay £9.58 & £10.38 in Win & Place market respectively. If Buridan finishes at extra place position, then you will win £53.97 and if not you will lose £0.03, this is an excellent 1,685 implies odds. As far as you keep betting such +EV (Expected Value) bet, you will no way to lose but only be profitable in long-term.
How To Start Profit Accumulator Free
In Profit Accumulator forum, there are profit achievements club like;
And, currently, around 140 members are listed in £25K club, nearly 80 members are listed in £50k Club, 12 members in £200K club & 4 members in £500k club.
If you would like to be a part of such list, suggest open a Go Free Account and experience it by yourself. Please watch the below video;
As an on-going offer;
The services you can access in this free account will enable you to earn over £40, which will also get you familiar with how the matched betting works. So, it’s entirely risk free although the accessible service is quite limited in comparison to the Platinum account as seen from the above.
The above link will automatically give you the Profit Accumulator 30 day trial comes from the below Refund Policy, see its T&C;
No Profit Accumulator promotion code required, means if you want to experience how Platinum Account works, just upgrade your free account to premium account at £17.99, get full Profit Accumulator benefits. if you don’t satisfy, request refund for the full month, which is effectively 30 Days Free Trial.
Or, if you want to pay the yearly plan that can save £65 a year, you just need to log into your account, go to “My Account" and use the “switch plans" tab. There’s a payment form in there for you to fill out for the yearly subscription, that will automatically cancel the monthly subscription and the yearly subscription will start.
Hope all of this review will be of your help. If you have any question about this review, don’t hesitate to contact us.
Joshua Walker (bio)
Editor – Global Extra Money (GEM)
BTW, the 6 Advantage Play I mentioned are as follows;