If you are placing bets on horse racing, you’ve probably come across the term BOG and wondered what it means. In this blog post, we will discuss exactly what this means, why it is valuable to bettors, and why you should look out for it if you are using bets,
free bets, or other betting offers.
What Does BOG Mean?
BOG stands for Best Odds Guaranteed, and it is a promotion offered by many bookmakers. It means that when you place a bet on a horse, you are protected if the starting prices end up being better than the odds you have taken. Whilst this might seem confusing for those who are not accustomed to horse racing, it is a simple concept that ensures bettors are awarded any extra value if it arises. Let’s break it down with an example:
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You place a bet on a horse at 5/1 earlier in the day.
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By race time, the horse’s Starting Price has drifted to 7/1.
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Thanks to BOG, your payout is based on the higher odds, so you get paid out at 7/1, not the 5/1 you originally took.
Without Best Odds Guaranteed, you’d be stuck with the original 5/1 and miss out on that extra value.
Why Does BOG Matter?
Horse racing odds are constantly changing due to changes in weather, injuries, and form. By placing a bet a couple of minutes early, you might miss out on value due to the odds rising for your selection. However, with Best Odds Guaranteed, this means that you will receive the better odds if they do rise.
It is important to note that this does not mean your odds can change both ways, so if the odds are lower and not as valuable for the starting price, then your odds will not change.
When looking for
horse racing tips, you want to make sure that the odds are the best that they can be, and BOG can help achieve better odds.
Check out some our top Betting Offers:
Where Can You Find BOG?
Most major bookmakers offer the Best Odds Guaranteed, and it is one of the simplest and most valuable offers to take advantage of. It costs nothing extra and can increase the value of your bets if that becomes possible. It is important to check out specific terms and conditions that are present in these offers, such as:
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BOG usually kicks in only from a certain time (e.g., from 8 am on race day).
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It might not apply to ante-post bets or special offers.
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Some accounts (especially those flagged as “professional”) may be excluded.
BOG At Racing TV
If you are looking to place bets on horse racing, finding and making the most of the best odds is essential for better value. To maximize the potential of horse racing bets, it is essential to examine the
racecards, which provide vital information about the horses and the favored winner.
If you are looking to learn more about horse racing terms, then Racing TV offers comprehensive guides on the sports lingo, ensuring that all horse racing fans are kept up to date with all the specialist terms.