Enhanced Odds Offers
Bookmakers’ odds can just be seen as a set figure: If you’re quoted 4/1 on a horse for example and you stake £10 at that figure, you will collect a profit of £40 plus your £10 stake if your selection goes on to win that race. That’s an easy concept to follow and it’s one that has been at the cornerstone of betting for centuries but there are a number of ways in which you can increase that figure – sometimes without increasing your own exposure! The most popular of these are enhanced odds offers, so let’s examine these.
Enhanced Odds Offers
The best way to obtain enhanced odds is to look out for bookmakers’ promotions and a good way to spot these is to follow all of the bookies on social media. This ensures that you get all the latest news on enhanced odds offers and deals as they break so you’ll never miss any of these opportunities.
Typically, an announcement could come before a big football match and a bookie may say that ahead of the big game between Manchester United and Arsenal, their price has increased from 10/11 to 2/1 on a United win.
Always check for the small print however because in the majority of cases, this type of enhanced bet will only be applicable to new customers. There may be exceptions but even if this is restricted to new account holders, some of these increased prices are really generous and will certainly make it worth signing up if you aren’t already a customer.
New Customers Enhanced Odds:
There are other forms of enhanced specials of course. There’s one for instance where the player gets an odds better than the original on a combo bet (doubles, trebles, etc.) made up of a fixed set of events and outcomes. Such promos are referred to as enhanced multiples and are especially common for football accas. For example Betway offers an odds of 11/1 on Anderlecht, Arsenal and Zenit St Petersburg all to win their respective game in a weekend round of the Champions League. Normally, when you have made these same bets as a treble odds would have been slightly below 10/1. Unlike with the above mentioned welcome offers, these kinds of enhanced odds promos are open to players already registered for a bookmaker.
Another enhanced odds offer to look out for is often referred to as ‘Multiple Insurance’ or, more commonly, ‘Acca Insurance’. Lots of bookmakers provide these and under this type of betting bonus, they will typically refund your stake as a free bet if just one of your selections fails to land.
More Traditional Way for Enhanced Bets
If a bookie says that enhanced odds bets are available then these can be on offer in two separate ways. Firstly, you could opt to bet on two selections in what’s known as a ‘double’. Let’s take horse racing as an example once again and we’ll say that you have backed two selections in two separate meetings on the same day.
Both horses are priced at 4/1 but the odds available in this double are 4 x 4 = 16/1. So, for your £10 stake you stand to win a very healthy £160 as a profit. Remember, however, that both rides need to win in order to secure that profit and if just one horse lets you down, your £10 stake is simply lost.
Similarly, these multiple bets can be increased infinitely to trebles, four folds and beyond. Four bets and above may also be referred to as an accumulator or an ‘acca’. Once again, individual prices are multiplied to the point where the enhanced odds can start to earn some seriously good profits.
So, odds can be enhanced in a choice of ways and it’s ultimately up to the individual punter concerned to decide if they want to increase their exposure for what could be a very significant increase on their final profit.