Designed for horse racing fans, the Betfair Best Odds Guaranteed promotion operates as follows. Should the starting price (SP) surpass your initial odds, your payouts will be calculated using the higher odds; conversely, if the SP falls below your original odds, your payouts will still reflect the higher odds.This Match.Center page provides step-by-step guidance, elucidates terms and limitations, offers illustrative instances, and tackles frequently asked questions regarding this promotion.
How to Use Betfair Best Odds Guaranteed Offer: Step-by-Step Guide
- Register and log into your account. If you’re not already registered on Betfair, visit their official website and create an account. BOG is only available to customers whose country of residence is the UK. Log into your Betfair account using your credentials.
- Deposit funds. Ensure that your Betfair account has sufficient funds. Deposit using your preferred payment method.
- Choose an event. Select the event you’re interested in from the UK or Irish Horse Racing section that you’d like to place a bet on. Betfair offers Best Odds Guaranteed on all UK & Irish Horse Racing singles bets from 8am on the day of the race.
- Place your bet. Once you’ve chosen the event, select the bet type – either “win” or “each way.” Only single markets for win or each way qualify for the Best Odds Guaranteed offer. Multiple bets, exchange bets, bets on Future Racing markets, betting-in-running bets, combined horse bets, and others are excluded.
- Wait for settlement and check bet status. After the event concludes, your bets will be visible in the “Settled bets” section. If your bet qualifies for the Best Odds Guaranteed offer, you will see a “BOG” label next to it. After the result is determined, Betfair will automatically calculate whether your bet qualifies for the Best Odds Guaranteed offer. Your winnings will be calculated at the higher odds between the odds you selected and the Starting Price (SP) if it’s higher.
The Scope of Betfair Best Odds Guaranteed
Based on the instructions given on the bookmaker’s website, this special deal covers all horse races happening in the UK and Ireland. So, any race taking place in these areas can get the BOG offer if you make a bet after 8 AM.
Key Terms and Conditions of Betfair Best Odds Guaranteed
- BOG is available only to customers residing in the UK. Customers from the Republic of Ireland are excluded from the offer.
- To qualify for Best Odds Guaranteed, place a bet on a regular win or each way market after 8 am on the race day for UK or Irish racing and before the race starts.
- BOG is not applicable to greyhound racing.
- Best Odds Guaranteed applies to singles bets on win or each way markets.
- Best Odds Guaranteed does not apply to multiples bets, exchange bets, Future Racing markets, betting-in-running bets, combined horse bets, Forecast, Place Only, Betting without or Insurance type bets, bets placed outside the UK, Odds Boost selections, bets placed using Each Way Edge, bets on International Racing, bets on Greyhound Racing, and bets placed before 8 am on the race day.
- The maximum payment for the Best Odds Guaranteed concession to a single client is £1,000 per day.
- Betfair reserves the right to exclude certain customers from receiving various promotions, including Best Odds Guaranteed, for commercial reasons.
- Once your qualifying bet is placed, you’ll see the ‘BOG’ label indicating its eligibility, without any additional mention of Best Odds Guaranteed.
- After the race is settled, you’ll still be able to see if your bet qualified for Best Odds Guaranteed and any changes in value in your Settled bets, regardless of the outcome (win, loss, or cashed out).
Does ‘Best Odds Guaranteed’ Mean That You Have the Very Best Odds?
No, “Best Odds Guaranteed” doesn’t necessarily mean that you will always get the very best odds available. Instead, it means that if you take an early price on a horse in a race and the Starting Price (SP) ends up being better (higher) than the price you initially took, the betting platform will pay you out at the higher odds. This is a form of insurance against odds getting worse after you place your bet.
Example:
Let’s say you place a bet on a horse with an early price of 5/1 (6.00 decimal odds) for a UK horse race. Before the race starts, the odds for that horse drift out, and it’s Starting Price (SP) becomes 8/1 (9.00 decimal odds). If the horse wins, “Best Odds Guaranteed” will come into play. Here’s what happens:
If you had placed a regular bet without Best Odds Guaranteed, you would have been paid out at the initial odds of 5/1 (6.00). However, with Best Odds Guaranteed, since the SP is higher (better) than the odds you took, you will be paid out at the SP of 8/1 (9.00).
In this case, Best Odds Guaranteed ensures that you receive the better odds even though you initially took a lower price. It’s a way to provide some assurance to bettors who are concerned about odds drifting against them after placing their bets.
Betfair Best Odds Guaranteed vs Other Bookmakers
Betting Site | Time | UK Horses | UK Greyhounds |
---|---|---|---|
Betfair | From 8 AM | ✔ | |
VBET | Time not specified | ✔ | |
Unibet | From 8 AM | ✔ | |
Ladbrokes | From 8 AM | ✔ | ✔ |
Betfred | After 8 AM | ✔ | ✔ |
Bet365 | After 8 AM | ✔ | ✔ |
William Hill | From 10 AM | ✔ | |
Sky Bet | After 9 AM | ✔ | ✔ |
Paddy Power | After 8 AM | ✔ | |
Virgin Bet | After 10 AM | ✔ | |
Boylesports | After 8 AM | ✔ | |
Betvictor | From 9 AM | ✔ | ✔ |
Hollywoodbets | From 9 AM | ✔ | |
Quinnbet | From 9 AM | ✔ | |
Bwin | From 8 AM | ✔ | |
Coral | From 8 AM | ✔ | ✔ |
888sport | From 10 AM | ✔ | |
Livescore Bet | From 10 AM | ✔ |
Betfair Best Odds Guaranteed: Frequently Asked Questions
Is Betfair Best Odds Guaranteed available for all customers?
The Betfair Best Odds Guaranteed promotion is open only to users from the UK who are 18 years old or above, and have logged in and confirmed their account. Customers from Ireland cannot participate in this promotion.
Which types of horse racing bets are eligible for the Best Odds Guaranteed promotion?
The Betfair Best Odds Guaranteed offer is valid for single bets placed on win or each-way markets. However, it doesn’t extend to multiple bets, exchange bets, Future Racing markets, In-Play wagers, linked horse bets, Forecast, Place Only, Betting without, Insurance-type bets, bets made outside the UK, selections made using Odds Boost, and bets utilising the Each Way Edge feature.
What is the difference between Odds Boost and Best Odds Guaranteed at Betfair?
The Odds Boost promotion provides an opportunity for players to place bets at advantageous odds, reducing the bookmaker’s profit margin. Prior to an event commencing, the bookmaker displays the odds both with and without utilising the Odds Boost feature. This promotion is not limited to horse racing; it encompasses a range of sports. Conversely, Best Odds Guaranteed is specifically tailored for UK horses. It becomes applicable when the odds for the chosen event shift after the bet has already been placed.
Can I combine the Best Odds Guaranteed offer with other promotions or bonuses?
You certainly can’t benefit from the Best Odds Guaranteed combined with the Odds Boost bonuses. The rules of the promotion don’t clearly say if you can use Best Odds Guaranteed with other bonus offers. But just because Betfair doesn’t mention any limits, it doesn’t mean there aren’t any. The bookmaker might not have told us about them in the promotion’s description. To find out if you can, for example, use Free bets along with the BOG offer, it’s a good idea to ask the technical support team.