An archery bow assembly is provided including an open sided spacer which is mountable to an axle on an archery bow and removable therefrom without removing the axle entirely or partially from a limb of the archery bow. The spacer can mount on the axle adjacent a cam rotatable on the axle, and can include an outer perimeter and an axle aperture. A recess can extend inward from the outer perimeter to the axle aperture so that the axle aperture and recess form a continuous opening. The spacer can be of a C-shape or E-shape so that it can be frictionally pressed onto the axle and removed therefrom without removing the axle from the limb arms adjacent the cam. Related methods also are provided.