The Best Odds Guaranteed Play

Best Odds Guaranteed – Playing The System

Between 1961, the year betting shops became legal on the British High Street, and 1999 there were few major changes in the bookmaking business.  Extended opening hours and Sunday racing (with legalised betting) being one of them.

But Victor Chandler installing telephone lines into tax free Gibraltar, resulted in the abolition of the nine percent government betting tax imposed on punters and set off a chain reaction that would see many bookmakers obtain a Gibraltar betting licence and, in time, set up their online sportsbooks on the British Overseas Territory.

The Internet has been a catalyst which has sped up the process of change within off-course bookmaking and in addition to the traditional win, place, each-way, doubles, trebles, accumulators and multiple bets on horseracing, you can now bet winning distances, jollies vs rags, match bets and directly into the tote pools.

Birth of the Best Odds Guaranteed(BOG)

Tax free betting and increased betting opportunities apart, punters have never had it so good with enhancements such as ‘double the odds for a single winner’ on a Lucky 15 bet giving more value than ever.  And the biggest and best off all new innovations is ‘Best Odds Guaranteed’ (BOG), the concession which gives you the price you took about a winning selection regardless of it being returned at a shorter price.

How bookmakers can sustain this business practice, which is akin to a shopkeeper calling you back into his shop to advise you he had changed his mind about the price of the purchases you made and now wants to refund you some money, appears questionable.

Either the bean counters can obviously see the benefit of this concession or bosses realise removing it from their standard terms of business will cost them a substantial amount of business. In recent times Ladbrokes and bet365 have both run-out BOG+ whereby you will be rewarded with the next price up if a winning selection starts at a bigger price than the one you took.  For example, if you took 7/2 about a winning horse which SP’d at 4/1, you would be rewarded with 9/2.

Combined with more online sportsbooks than ever, which has started a price-war that often sees over-rounds of 100.5 percent in the hours leading up to race off time, shrewd punters can work a system around BOG whereby potential winnings are big and losses guaranteed to be minimal.

Here’s the Play…

If you are a new punter you can really extract the max with this betting system by using a host of free bet no deposit meaning you will face no losses and extract a guaranteed maximum profit.

Using an odds comparison site identify a horse race where the best overall percentage is low, 103 percent or less.  Invariably you will find such races feature field sizes between four and eight runners and in a window of time around three to four hours before the scheduled off time.

Once doing so back all the runners to give a return of £100.  In the example of a five-runner race with a 103 percent over-round this exercise will cost you £103 as set out below.

£26.70 on a 11/4 shot to return £100

£25 on a 3/1 shot to return £100

£25 on a 3/1 shot to return £100

£25 on a 3/1 shot to return £100

£1.24 on a 80/1 shot to return £100

Total stake: c. £103. Guaranteed return: £100

The Returns

Should the winner of the race return at the price you took, say 3/1, or a shorter price, you will collect £100 and lose £3 on the exercise.

However, should the winner return at a price greater than the 3/1 that you took, you will be in clover.  An SP of 4/1, for example, will see you collect £125 and make a £25 profit on the race.

Given you may identify five ‘framed races’ a day this system work you will need a sizeable bankroll spread out amongst several companies which all offer the BOG concession.

Do be prepared for long losing sequences – it is a fact the majority of race winners contract in price during the course of the day – and like all such betting systems, patience and discipline are key.