Profit Accumulator is a Matched Betting service provider that was set up by Sam Stoffel in 2014. In this time, they have seen remarkable growth and have become one of the largest active communities in the matched betting world with over 20,000 members. The site teaches members how matched betting works and provides various tools to help users succeed in making a substantial online second income.
How Does Profit Accumulator Work?
The premise is the exact same as the other matched betting service communities out there.
As a provider, Profit Accumulator teaches subscribers how to do this process through training videos and written guides. In the beginning, you will learn how to work through a string of the low-hanging fruit that is bookmaker sign-up offers from which you will make hundreds of pounds. After this Profit Accumulator will, on a daily basis, find and inform their members of the best value offers to be found so that you can keep profiting time and time again.
What Do I Get with Profit Accumulator?
Subscribing to Profit Accumulator gets you access to the full site which includes:
- Full matched betting training in the form of written guides and video examples
- Links and instructions to over 100 bookmaker bonuses
- New offers every day
- Full forum access
- Full customer support
- Access to 3 software tools to help you make consistent, long term daily profits
What Ways Can I Use Profit Accumulator?
I will split this section into 2 sections, ‘Getting Started’ and ‘Main Features’, as there is a lot on offer through Profit Accumulator.
As soon as you subscribe you get access to the following which you should complete first. These will help you:
- Learn the process of matched betting
- Take you through the process of the sign-up offers which are the easiest to profit from
- Take you through Casino offers where big money can be made
- Learn some other tricks and tips
55+ Bookmaker Sports Sign-Up Offers
These come with full written instructions on how to complete the offers. The first few have video instructions so users can see Sam, the site creator, taking you through the step-by-step process of converting bookmaker free bets into real cash. From the list of offers here you could comfortably be banking at least £1,000. Not a bad start, ey?
This section is also punctuated with tutorials regarding money management, understand why the process of matched betting works so well and how to continue making money after you’ve finished the sign-up offers.
If you’ve never signed up to any of the 55+ bookmakers listed on site then there is a potential risk free profit of £1,000 awaiting you.
35+ Casino Sign-Up Offers
Again, these come with full written instructions. These are laid out strategically with the risk-free and lower risk offers to be completed first. Just like the sports sign-up offers, some of tutorials have videos included to show examples of how this process works. This section is also punctuated with videos about why Casino offers work so well and the process of EV (Expected Value/Estimated Value).
50+ Reload Offers
A reload offer is the way matched bettors keep profiting even after all the sign-up offers are complete. There is a list of over 50 here that can be done straight off the bat.
8 Bingo Offers
Bingo is not as widely used these days, but there is a list of offers here with full instructions on how to profit from them.
Access to the Forum
With a thriving community there is plenty of action on the website forum. Members and moderators post offers they’ve found and discuss all the details that go with it. You can ask any questions here. This is also a place where people motivate others by showing what they have achieved and what they have spent their extra money on. It’s a great place to get some inspiration – if you need any.
After you’ve completed the initial stages so that get you familiar with the concept, service providers offer a range of tools which will help you:
- Make long-term, consistent daily profit
- Learn to use new techniques and strategies which will boost your profits
- Ease you into more even more advanced methods
The features that Profit Accumulator offers are:
This form of matched betting software finds all the best value matched bets for you automatically. It pulls the odds from almost every bookie you can imagine, plus the odds from all the betting exchanges and finds which odds are the closest – this is a powerful tool for 3 reasons:
- The closer the odds match for your qualifying bets the lower your qualifying losses. This equals more profit in the long term.
- The closer the odds match for your free bet conversions then the higher amount you will be able to extract from the bonus. Again, this equals more profit long term.
- It saves you from trawling through every bookmaker site and betting exchange to find the best odds matches yourself. This is one hell of a timesaver and allows users to free up their time which can be spent making more money by doing more offers.
The software on Profit Accumulator looks like this:
The data can be filtered in a multitude of ways so you can find bets which fit your criteria. If you click the calculator icon to the left it’ll bring up a calculator where you can type in your stake at the bookmaker and it will fill in all the calculations for you.
Profit Accumulator Match Catcher Software
This is pretty much the same as the Oddmatching Software but filters by horse races for the current day only. With a lot of horse racing offers to be had on a daily basis this is a great time saver as it automatically finds the best odds matches for you throughout the day.
Profit Accumulator Acca Catcher
Accumulator matched betting is another form and is slightly more advanced. With many bookmakers offering ‘Money Back if One Team Lets You Down’ style accumulators this has become a popular money making method.
This used to be an optional extra but now comes free with the standard membership. Kudos goes to Profit Accumulator for this, as it’s likely to have been an expensive software for them to create – but one that offers their members an amazing opportunity to milk the bookies even more.
I’ll not go into too much detail about the ins and outs of it as it’s pretty much a whole system on its own, but there are full instructions and training videos available to subscribers where you can learn this advanced form. I wouldn’t recommend it for beginners, though.
Next up is the Profit Tracking software which will be a real help to anyone who is a not a fan of recording data in their own Excel spreadsheets.
I must say, this is an excellent tool and something I’d have loved when I started out, but hey, at least I got to learn who to use Excel spreadsheets, though! This is an advantage PA have over their competitors as the others just offer downloadable spreadsheets – none have gone as far as creating software which is built into the site. A very nice addition.
This also keeps a track of your overall profit in the top menu, meaning that on every screen you visit you can feel good about just how much money you’re making.
Support and Training
Each section has detailed written instructions so you cannot go wrong. There are plenty of beginner videos to show various examples of how each aspect of matched betting works. If you do ever find you need an extra level of help, then help is always on hand through the forum where moderators and fellow members will help with any query.
If that isn’t enough you also have the options to:
- Email the team
- Visit the FAQ section
- Raise a support query ticket through the website’s CRM (Customer Relationship Management software)
- Or even by giving the team at PA a phone call!
It came as surprise to me that Profit Accumulator doesn’t have a daily calendar feature. This is pretty much standard with their main competitors as it is a great way of keeping track of which best value reload offers you want to take on for the day and allows you to plan ahead for future days. I find that having offers posted in a forum means they can get mixed up and you may miss out on what has been posted purely for that day and assess which ones are the best use of your time.
Some Nice Touches…
PA even has a ‘Gubbed Filter’. Being ‘gubbed’ means that you are banned from bookmaker bonuses – don’t worry – this is par for the course. It’s expected as you’re rinsing so much value from the bookmakers and they tend not to appreciate that. Not every bookie will gub you, and there is still plenty of life in most accounts after a gubbing occurs. For example, bookies will very rarely gub you from their casinos.
After each offer or training video has been completed then you can tick the ‘Completed’ box so it disappears form your list. You can reactivate these if you made mistake and hit the ‘completed’ button accidentally.
Profit Accumulator was one of the first sites to make matched betting accessible to people with no experience of betting at all. It is a fantastically laid out site that fits the modern age. This, combined with great tutorials, means that anyone who signs up to the service is onto a winner right from the get go.
What if I’ve already signed up to a load of bookmaker accounts – will the sign up offers on the site be of any use to me?
Don’t worry, there are many more listed on PA that I doubt you’ll have even heard of – the gambling industry is just that competitive. At the time of writing PA has over 55+ with instructions to each. Plus, the long-term value comes from the reload offers that bookmaker’s send you once you’re signed up to them – PA will teach you how to turn these into cash.
What’s the customer service like?
It’s hard for me to comment on this as I’ve never used it but I’ve heard and seen mainly positive feedback. If you have any experience of the PA customer service then please drop a comment below with your opinion.
What if I work full time – would I have time to complete the offers?
The majority of the offers listed are not time specific. You often have a few days to get around to doing them. Many of the people that use sites like these work full time and use them as a hobby which makes them a tidy second income.
How much can I make?
There’s no simple answer to this one – it really depends on how much time you’re willing to put in. But many members on the forum comfortably make upwards of 10k a year.
Have you any tips or advice?
Yes – take your time. Learn each piece bit by bit and grow your knowledge – this is the way to reach your maximum profit potential.
I’m afraid to tackle casino type offers… why should I do them?
Trust in the maths and it will reward you with handsome profits. See the casino and slots offers as a longer-term investment. Start off with the risk-free or smaller offers to find your comfort levels. If you haven’t already, watch this YouTube video: