In today’s post we are going to cover a very simple strategy that will enable you to make big profits by exploiting the best odds guaranteed promotion.
This approach is not just easy to grasp but also financially rewarding, offering you an opportunity to boost your betting returns significantly. Whether you’re a seasoned bettor or just starting out, this guide will provide you with the insights and tools needed to maximize your earnings!
If you want to learn about this strategy via video, below is a Youtube video discussing how this strategy works.
In this article today we will cover:
- What is the best odds guaranteed promotion
- How to profit with a best odds guaranteed strategy
- The best time to use this simple stratgey
- Best bookmakers to use with this strategy
- How to avoid limitations and restrictions with this BOG strategy
- How much overall profit can you make?
What does the best odds guaranteed (BOG) promotion actually mean?
“Best Odds Guaranteed” is a betting promotion offered by some bookmakers. It ensures that if you place a bet on a qualifying race, you will be paid out at the highest odds available between the odds you took when placing the bet and the starting price (SP). This means you get the best possible return on your bet.
Best odds Guaranteed Example
Let’s take a look at a simple example!
I back the horse Coco Royale at odds of 2.5 for a stake of £100 at 10.00 in the morning. As time draws nearer to the start of the race time (17.15) the odds on Coco Royale start to drift (get bigger) and by the start of the race the odds are now 3.0.
The odds of 3.0 are known as the starting price (known as SP). Bet365 offer best odds guaranteed (BOG) on horse racing, that means that is Coco Royal wins then my bet will be paid out at odds of 3.0 rather then 2.5. Those that have used betting exchanges or done some matched betting can probably see the potential here!
How to profit with a Best Odds Guaranteed Strategy
There is a very simple way to profit from this strategy.
Select the Right Bookmakers: The first thing that you need to do is make sure you are using a bookmaker which offer the Best odds guaranteed promotion. (Oddschecker is useful for this)
Bet at the Right Time: Bookmakers offer bets BOG after a certain time. For some this is 08.00 and others wait until 10.00 to offer this promotion. Make sure you understand when the promotion is active.
Find close odds matched to exchange prices: We want to find horses that we can back and lay (bet against) which are the odds. We have found Betconnect to be the best exchange for this strategy.
Back and Lay the Bet: We want to back and lay the horse at the same odds with a bookmaker that offers BOG. In the above example we can see that the horse Hafeet Alain is available at 6.0 to both back and lay. This will leave us break even if the horse wins or loses.
How Do We Profit?: We are break even if the horse remains the same odds or shortens in price. If however the horse goes on to drift in odds then have a shot at risk free profits. Horse racing is a volatile sport to bet on and frequently horses will drift in odds. For example if the horse Haffet Alain was to drift to odds of 9.0 we have a risk free shot at winning £30.
- £10 back bet at 9.0 = £80 in winnings
- £10 lay bet at 6.0 = £50 in liability
This is a simple explanation of how to win using the best odds guaranteed promotion. We do have however some key pointers later in this article to make the most of this strategy and bank big profits!
Which Bookmakers Offer Best Odds Guaranteed?
These are the major bookmakers in the UK which currently offer best odds guaranteed:
- Bet365 (from 08.00)
- Coral (from 08.00)
- Ladbrokes (from 08.00)
- Betfred (from 08.00)
- Paddypower (from 08.00)
- Skybet (only bet club members from 09.00)
- Unibet (from 08.00)
- Betway (from 09.00)
- Boylesports (from 08.00)
- BetMGM (from 11.00)
Some of the smaller independent bookmakers you find the UK will also offer this promotion. This will usually be stated in their promotions.
How to avoid limitations and restrictions with this BOG strategy
Let’s go over the optimal way to use this strategy.
Sticking to a few rules will help you get the best results and also help you avoid getting your account restricted or limited straight away.
BOG Strategy Rules
1. Bet on favourites at odds of 3.0 or below: The reason for this is that bookmakers adjust their prices at smaller odds movements for favourites in comparison to long shots. Bookmakers will usually follow the odds on the exchanges when it comes to starting prices. A horse that is 2.5 on the exchange will usually go off at 2.25 or higher with bookmakers. At higher odds however a horse can drift from 7.00 to 0dds of 9.00 on the exchange and remain at a 7.0 starting odds with bookmakers.
Using this strategy at lower odds also means you will have a higher strike rate of winner.
2. Avoid Arbitrage Bets: For longevity you want to avoid placing arbitrage bets. These are bets that you can back on a bookmaker at higher odds then on the exchanges to lock in a guaranteed profit without the need for BOG. Below is an example of where we can back a horse at 2.5 and lay it at 2.34. this is a good strategy to make some ick easy money if you are not worried about account limitations. In the long term however taking bets which are break even is better for longevity
3. Volume: If you want to make decent profits from this strategy you want to be betting as many horses as you can that meet the criteria. This enhances the chances of having a horse drift in odds and winning at BOG.
4. Use Software: The optimal way to approach this strategy is with software. In terms of the best BOG software that we have used, Oddsmonkey is the clear standout. Allowing you to quickly find BOG matches, place bets quickly and take advantage of numerous 0% exchange commission offers that are exclusive to them.
Click here for our full review and 50% discount code!
Best Timeframe to use Best Odds Guaranteed Strategy?
The best time to use this strategy is from 10.00 to around 13.00. This strategy can certainly be used afterwards however taking prices earlier in the morning when odds start to form give you the most odds matches. It also leaves time for the horses to drift in odds as more money enter the market.
If you use this strategy close to the start of the race, you are relying on late money to dramatically effect the odds. Which certainly does happen however the more time there is left for the race to start, the more time there is for the market to change.
How Much Can You Make From This Strategy
There is the potential to make thousands of pounds in profit using this strategy using multiple bookmakers over a longer timeframe. This is a strategy that you can you sue in psychical bookmaker shops also if you have them in your area.
How much you make comes down to several factors:
- Bankroll (how much you stake per bet)
- Available bookmakers to use
- Volume of bets (The more bets the more chance to profit)
Overall this is a great sports betting strategy to use with bookmakers. Especially if you stick to the pointers in this article. From personal experience I have been able to make thousands of pounds in profit over a number of years exploiting the best odds guaranteed promotion. Its effectiveness is undeniable, making it a valuable tool for any serious bettor looking to maximize their returns.
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