{"id":2455,"date":"2021-06-17T14:55:02","date_gmt":"2021-06-17T14:55:02","guid":{"rendered":"https:\/\/www.newbettingsites.co\/?page_id=2455"},"modified":"2021-10-13T16:18:03","modified_gmt":"2021-10-13T16:18:03","slug":"what-does-best-odds-guaranteed-mean","status":"publish","type":"page","link":"https:\/\/www.newbettingsites.co\/articles\/what-does-best-odds-guaranteed-mean\/","title":{"rendered":"What Does Best Odds Guaranteed Mean?"},"content":{"rendered":"
Betting is always a risky business, with everyone accepting that they stand to lose their stake money if the bet that they\u2019ve placed doesn\u2019t come in. One of the risks that not many people think about comes in the form of odds shifting to the point that the bet that you placed, which seemed like great value at the time, suddenly becomes less impressive because the odds have shifted quite a bit in the lead-up to the event starting.<\/p>\n
Thankfully, some bookmakers offer the Best Odds Guarantee, which essentially says that if the Starting Price<\/a> of a horse ends up being longer than the price that you received when you placed your bet, you\u2019ll be paid out at the longer odds. It\u2019s not just horse racing that bookies offer it on either, with the likes of outright bets for football tournaments and big golfing events also seeing BOG introduced to them.<\/p>\n In terms of offers and promotions offered by bookmakers, there\u2019s an argument that the Best Odds Guarantee is the best of the lot. It is a feature that says that customers will receive the highest payout possible on an event, should the Starting Price be longer than the odds that the punter took when placing their bet in the first place. One thing that\u2019s important to realise is that it doesn\u2019t refer to any odds that were on offer at any point.<\/p>\n In other words, let\u2019s imagine that you\u2019ve placed a bet on a horse at odds of 7\/1. As the race approaches, the odds drift briefly to 10\/1 before coming in again, with the horse\u2019s Starting Price being 5\/1. You will be paid out at 7\/1 because those odds are better than the 5\/1 that ended up being the horse\u2019s Starting Price, with the fact that the odds were 10\/1 at one point being entirely irrelevant to the offer in question.<\/p>\n Alternatively, imagine that your bet of 7\/1 was on a horse that ended up with a Starting Price of 10\/1, meaning that you\u2019ve missed out on 3\/1 worth of bets. In this instance, a bookmaker with a Best Odds Guarantee in place will pay you out at the 10\/1 odds because they were better than the price that you took when you placed your initial bet. A \u00a35 wager, would would have seen you collect \u00a340, has now become \u00a355 thanks to the BOG.<\/p>\n As with many promotions and offers from online bookmakers, you absolutely don\u2019t need to worry about doing the maths on Best Odds Guarantees. Instead, the bookie will do the working out for you and simply pay you at the correct amount. The only thing that you need to do is make sure that you\u2019ve bet with a bookmaker that offers BOG and that the offer applies to the race that you\u2019re betting on.<\/p>\n The important thing to note about BOG is for the vast majority of meetings it only applies to bets placed on the day of the race, usually after 9am (this is when the early board prices are released).\u00a0 Bets place before this time are classed as ante-post<\/a>, which means if the SP ends up higher than the odds you took you would not get the better odds.<\/p>\nBest Odds Guarantee Explained<\/h2>\n