Bet365 Bog Plus Offer

In October 2016 Bet365 pushed the value to punter's bar a notch higher with the introduction of their BOG Plus Offer.

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Warning Later Edit - Sadly Bet365 no longer offer BOG Plus. They must have deemed it too generous to punters and stopped offering it. But note that it is a special offer that Ladbrokes now have their own version of. Some of the thinking below about odds range sweet spots however should still apply.

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BOG or Best Odds Guaranteed is a pretty common bookmaker offer for uk horse racing punters. The core idea of it is that if you take an early price and the horse odds drift out later in the day to a Starting Price ( SP ) that is higher than the early odds you took, you will get paid out at the higher SP odds.

So as a punter a bookmaker offering BOG provides you with that extra piece of mind that you will not be stuck with what may turn out to be a rubbish early price if the odds on your horse drift out later in the day.

Piece of mind is a good thing. On our own service here we always run with a simple refund Guarantee in order to offer additional piece of mind.

So that is classic BOG for you.

How have Bet365 improved on that?

Quite simply they promise to pay you more than SP on any horse that drifts to a higher SP price after you have taken an early price.

Let's do a super simple example.

You bet £100 at an early price of 6/1.

Later in the day some numskull commentator on racing radio professes his dislike of your horse.

The price drifts out to 8/1 starting price.

Your horse wins.

Under BOG you would get paid out at 8/1.

Under Bet365's BOG Plus you jump one up the odds scale to 9/1

 
Profit
No BOG
£600
BOG
£800
BOG PLUS
£900

 

Are There Specific Odds Where BOG PLUS is Extra Valuable?

Yes is the simple answer.

See below this table off SP Odds, the BOG Plus payouts and the percentage increase.

A lot of the time the top and bottom of this table will be non applicable to day to day racing action. ie odds too short or too long.

I have highlighted a few in bold from more normal horse racing odds ranges that may be worth keeping a special eye for as they are sweet spots of higher than usual extra value.

SP
BOG Plus
% Increase
1/100
1/66
152%
1/66
1/50
132%
1/50
1/40
125%
1/40
1/33
121%
1/33
1/25
132%
1/25
1/20
125%
1/20
1/18
111%
1/18
1/16
113%
1/16
1/14
114%
1/14
1/12
117%
1/12
1/11
109%
1/11
1/10
110%
1/10
1/9
111%
1/9
1/8
113%
1/8
1/7
114%
1/7
1/6
117%
1/6
2/11
109%
2/11
1/5
110%
1/5
2/9
111%
2/9
1/4
113%
1/4
2/7
114%
2/7
3/10
105%
3/10
1/3
111%
1/3
4/11
109%
4/11
2/5
110%
2/5
4/9
111%
4/9
1/2
113%
1/2
8/15
107%
8/15
4/7
107%
4/7
8/13
108%
8/13
4/6
108%
4/6
8/11
109%
8/11
4/5
110%
4/5
5/6
104%
5/6
10/11
109%
10/11
1/1
110%
1/1
11/10
110%
11/10
6/5
109%
6/5
5/4
104%
5/4
13/10
104%
13/10
11/8
106%
11/8
6/4
109%
6/4
13/8
108%
13/8
7/4
108%
7/4
15/8
107%
15/8
2/1
107%
2/1
9/4
113%
9/4
5/2
111%
5/2
11/4
110%
11/4
3/1
109%
3/1
10/3
111%
10/3
7/2
105%
7/2
4/1
114%
4/1
9/2
113%
9/2
5/1
111%
5/1
11/2
110%
11/2
6/1
109%
6/1
13/2
108%
13/2
7/1
108%
7/1
15/2
107%
15/2
8/1
107%
8/1
9/1
113%
9/1
10/1
111%
10/1
11/1
110%
11/1
12/1
109%
12/1
14/1
117%
14/1
16/1
114%
16/1
18/1
113%
18/1
20/1
111%
20/1
22/1
110%
22/1
25/1
114%
25/1
28/1
112%
28/1
33/1
118%
33/1
40/1
121%
40/1
50/1
125%
50/1
66/1
132%
66/1
80/1
121%
80/1
100/1
125%
100/1
125/1
125%
125/1
150/1
120%
150/1
200/1
133%
200/1
250/1
125%
250/1
300/1
120%
300/1
400/1
133%
400/1
500/1
125%
500/1
1000/1
200%

 

Spreadsheet

If at all interested note there is a simple spreadsheet with that odds table in it here. Included is a pretty ugly chart plotting SP odds along with their relevant percentage increases. If you are an excel whiz feel free to beatify that spreadsheet and send it back to me :)

http://www.mathematician-betting.co.uk/download/bogplustable.xls

 

Simple Recommendation

£800 in your pocket is better than £600 BUT £900 is better than £800

If you don't yet have an account at Bet365 go sort one right now.

In addition to BOG plus I also like the fact that unlike most high street chains they are Horse Racing Authority Approved Betting Partners and thus help support the future of horse racing.

Additionally a recent report indicated them as one of the least likely to close or seriously limit winning accounts. I sense willfull and deliberate improvement from them on that particular score over the recent years. But I doubt no horse racing bookmaker will ever achieve 100% perfection there. Pragmatically they are one of the least bad according to poll of many many punters.

 

 

 

 

 

 

 

 

 

 

 


 

 

 

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