The popularity of enhanced odds is growing by the day. Based on this growth, it comes as no surprise that it has led to top online bookmakers providing more and more enhanced odds for punters to take advantage of.
So, what are enhanced odds? In simple terms, they are nothing but short-term offers with vastly increased odds made available for a bet. This is to say that you will often see that an offer is enhanced to such a level that the odds on favourites are as high as 10/1 at times. This makes them more attractive to the punters as the payout expands.
You should be away though that there are few restrictions on enhanced odds, for an example they are generally made available only for new customers. Secondly, the amount of money you can put in a bet is restricted so that the outflow for bookmakers can be managed. However, the good news is that they still offer superb value as far as your bets are concerned. Furthermore, they present a great way for new bookies to get started in betting.
When it comes to most bookmakers, generally there are two options that you are required to take into consideration prior to signing up. It is important that you take some time and find out as to which option presents the best value to you.
The first option, enhanced odds, has already been discussed above. This is what most bookies often highlight on their home page on a daily basis. They encourage you to take advantage of the enhanced prices of odds that are made available for all of the top sports events, which includes premier league betting. If your goal is to earn big money on specific sporting events, then enhanced odds present you with an opportunity to extract best possible value from bookmakers.
The ongoing sign up offers made available by bookmakers is the second option you must consider prior to signing up. These offers often vary from one bookie to another. Frequently, it is either a free bet or matching of the first deposit made by you. One of the favourite offers of bookmakers in the betting industry right now is free bets worth £30 for a deposit of £10 into your account. Some bookmakers offer a little more of flexibility and allow you to use it for any betting. Therefore, this may be a better option as far as some punters are concerned.
Thus, it pays to spend some time in deciding as to which option best suits your specific needs. If you do not like the idea of betting all of your funds on one event, then the second option is the right one for you. In order to assess which option you should choose, you must visit the bookmaker’s promo codes section where all the best offers are highlighted.
Due to the very nature of enhanced odds, bookmakers regularly update their site with new offers. As enhanced odds are available only for a short period of time, they are often available only in the hours that lead up to an event. This fast turnover of offers keeps things fresh for the people placing their bets and keeps them invested in finding the best odds, and more importantly the bigger payouts.
Bookmakers such as SkyBet offer some fantastic enhanced accumulator bets, which help you enjoy better odds as far as your bets are concerned. This is to say that enhanced accumulator betting helps you to receive bigger payouts in the event of you winning your bet. You can find enhanced accumulators under the section Enhanced Multiple’ within Special Bets’ in the football betting area of the website.
Of course, with enhanced bets also comes the need to apply some caution. These offers are made to be more attractive and to push for quicker voting, but you must always bet responsibly. Just because the odds look more attractive does not mean that you should rush to pay in money you know you cannot afford. This is not what enhanced odds are aimed at. The important fact is that there is less chance of winning with enhanced odds, even if there is a bigger payout. The chance of losing is still there, and that is something that you must always be aware of when you place your bets.
Betting should always be recreational and for fun, and that is what enhanced odds is aimed at, keeping the game of gambling, fun and fresh. It ups the level of challenge for the player and gives that an added chance to win big, and you may get lucky. Just remember that a bookie’s job is to find the bets that need boosting with an enhanced odds offer, and this may be a sign that there is less chance of a win.
We know luck though, and the way that things can change at the flip of a coin. If enhanced odds works in the players advantage then you’ll reap the rewards. This takes some smart thinking and a little luck, and there is no doubt that it is fun. Just be aware of the danger of just why the bookie has decided to enhance the odds. There is always a motive behind the madness, and as the player, it is your job to see through it.
Summarizing, enhanced odds are a means for most bookmakers to ensure customer retention. They run these offers, sometimes even at a loss. Therefore, having accounts in a number of online betting sites helps you to turn the odds to your advantage. If you work with a bookie that offers great enhanced odds offers, you will be able to win in the long run. In addition to SkyBet, bookmakers like 888sport, Paddy Power, Coral and Betfair extend enhanced bet offers also.
Enhanced odds offers are generally made available for the big sporting events like football, tennis, golf, horseracing, rugby and cricket, among others. They are also available for virtually all-major sport around the big events at the bookies discretion. The games that enhanced odds are available for is forever changing, so be sure to check on a regular basis if you want to take advantage of these offers.
While enhanced odds sound like they couldn’t possibly be a negative thing for the punters; there are a few issues to be addressed before you can confidently place a bet knowing the returns will be enhanced as the offer suggests:
The Enhanced Odds Weren’t Applied to my Winnings – Why?
Every bookmaker has a lengthy terms and conditions page that will cover any issue with pay outs being incorrect or returns not being paid out at all.
The most common issue with enhanced odds returns being incorrect tends to be misunderstanding on the gambler’s part. For example; if the odds on Chelsea to beat Doncaster are enhanced to 7/1 then you’d be a fool not to back it and back it heavily – but that’s where the problem lies.
There will be a maximum stake amount for enhanced odds of between £5 and £20 to prevent you from winning a huge sum. The enhanced odds are there to draw in more business, not to give you more winnings.
Check every detail before you put any money on enhanced odds.
Can I Cash Out an Enhanced Odds Bet?
Usually, yes you can but it does depend on the market as a general rule.
Both Teams to Score markets rarely offer cash out so you probably won’t have much luck there even if the odds are enhanced and the same goes for many goalscoring markets – the option just isn’t there.
However, there’s a good chance the Cash Out sum won’t reflect the enhanced odds – the incentive with the enhanced odds usually applies to bets that see it to the end of the event.
Are the Enhanced Offers Better Online or In Store?
More often than not, the offers are exactly the same no matter whether you use the website, the app or the high street branch.
Sometimes, if the bookmaker is trying to drive more customers to one facet of their business, there will be a superior offer in store or online depending on the marketing plan. The advertising materials usually indicate where the offers can be accessed so don’t get too disheartened if you see a poster then can’t find the offer online – it’s probably store only this time.
What’s the Biggest Enhanced Odds You’ll See?
There really is no limit to how generous the bookmakers decide to be but there are a few catches that’ll mess you around if you aren’t careful.
Huge enhancements such as Chelsea to beat Hull City at 33/1 from 11/10 will be new customer offers and heavily restricted in terms of maximum stake so you probably need to look a little smaller scale if you’re going to qualify for the enhanced odds.
Similarly, the smaller enhancements can be a bit underwhelming. Betfair are notorious for offering great deals but their enhanced odds do sometimes leave the customers a bit cold – Chelsea to beat Hull City at 12/5 instead of 2/1 for example.
You may not always get the best deal but a bit of research goes a long way and something is better than nothing.
What’s the Difference Between Price Boost and Enhanced Odds?
Absolutely nothing. They’re the same thing with different names for the most part.
Price Boosts tend not to have the same maximum stake constraints that Enhanced Odds do but otherwise they’re identical.
Do the Half-Time Offers Count as Enhanced Odds?
Exactly right. When the bookmakers advertising pops up at half time they are deliberately advertising enhanced odds to encourage you to join in with the in play betting.
It’s a very simple marketing tactic that works well to make you more aware of the potential enhancements you might be missing out on but they’re not all they seem.
Generally speaking, the half time enhanced odds are for unlikely outcomes. An example of this would be ‘Harry Kane to score next at 11/1 from 4/1’ – if a striker has already scored in a game, it’s not too often they get another one and you’ve probably seen a substitute warming up to replace him ready for the next big game in mid week – we’re not as daft as the bookies would have us believe!
Who Gives the Best Enhanced Odds?
Generally speaking, SkyBet offer the best Price Boosts ahead of the game but Paddy Power and Bet365 take some beating as far as in-play enhancements are concerned.
SkyBet will usually have at least 10 Price Boosts ahead of kick for their televised games including some very tempting offers such as ‘Zlatan to score a header’ and ‘Arsenal to win 3-0’ – common bets at better prices.
Bet365 and Paddy Power have a strong focus on in-play and update with new boosts every five minutes or so throughout the game.
Coral are easily the best for enhanced odds on the high street but Ladbrokes aren’t far behind them – you need to research around to find the best fit for your betting style really.
I’ve Lost a Lot on Enhanced Odds, Should I Stick to Standard Prices?
If anything, you should assess your finances first and ensure you can still afford to gamble without affecting any other commitments in your life.
Secondly, you need to be aware that enhanced odds are in place to tempt you into placing a second, third or fourth bet you didn’t plan to – they are very much click bait in many instances and should be considered before you stake any money.
Standard prices will open the market up a bit more but you might still end up losing on them too – you need to read through our guides if you’re on a losing streak or stop altogether before the losses get on top of you.