What are enhanced odds?
Enhanced odds are when betting sites artificially boosts the normal betting odds of a selection. For instance, Manchester City might have odds of 1/5 to beat Burnley. In this case, if you place a fiver bet and Man City will win the match, you will get a £6 return, so you just get £1 in profit. Some bookmakers will offer promotions where they take very short odds and boost them. So for instance, you might get 10/1 on Man City to beat Burnley.
It is worth noting that the maximum bet is always small in those cases, and there are several terms and conditions to consider (i.e. most of those offers are for new customers only, etc.).
What are the Bookmakers Enhanced Odds Offers?
As you will be aware there is a lot of competition in the sports betting industry meaning that bookmakers need to spend a lot of their marketing budget in trying to acquire new customers. In order to do so, they normally offer incentives in the form of free bets but recently they have started to also provide generous giveaways in the form of the Enhanced odds offers.
Betting sites are continuously looking for different ways to attract new customers while being innovative at the same time. In the last few years, we have seen this in many different ways. One of those has been the increase of in-play betting offering, which was followed by Cashout functionality. The success of those initiatives was clear with a massive number of bookmakers that have since adopted those.
The latest of those initiatives is the Enhanced Odds. If you hang around news sites or social media you would have heard of already. The idea behind it is to boost a price to make it attractive for new customers to sign up. But how does enhanced odds offers work precisely and is there a catch?
Those are mostly a quick-fix way for bookmakers to get new sign-ups fast. They do centre these big odds bonuses generally on big favourites of mainstream sporting events of the day or weekend. They are really as generous as they look and bookmakers know well that it will cost them money. They do accept tough to pay this price as their main aim is to attract as many new players as possible in their platform. This means that our readers can take full advantage of those prices.
Best Odds Enhancement Offers
Here at BettingTips4you.com we have a very close relationship with the best bookmakers in the world and as a return, we get on a daily basis the best odds enhancement offers available. Most of the time we have exclusive deals that you won’t be able to find anywhere else on the web as we have negotiated those directly with the bookmakers on behalf of our readers. Most enhanced offers are in fact only available for a limited time so we recommend you bookmark this page so you can easily check regularly the new promotions.
Types of Enhanced Odds Offers
The most popular type of enhanced odds deal is reserved for new customers. The main objective is to get them to sign up and hopefully become loyal customers. 888Sport, BetVictor and other brands have been somewhat active in this space in the last few months. From time to time, other bookies are joining, especially around big sporting events.
The way it works in principle is straightforward. A bookmaker will select an upcoming sporting event and provide a price which is significantly higher than usual. For instance, they will dramatically lift the football odds of a favourite to win. You could get Man City to beat Wolves at home at 7/1 when the price is probably 1/8.
Enhanced Odds Offers Comes and Go
Since those offers are linked with specific sporting events, they won’t last a long time. This is important to check regularly this page to avoid missing out any of the odds enhanced deals.
What is the Odds Enhanced Catch?
There is no catch, so to speak, and as long as you read the terms and conditions of the enhanced odds offer carefully, you will not get any disappointment. Two things to consider when taking advantage of odds enhancement offers. First, remember that the maximum bet allowed will be very low (generally between £1 and £5). Second, the extra winnings due to the price boost will be paid with free bets.
So even if there are terms to follow like in any betting promotions, there is no catch. Make sure you read them carefully before starting and always gamble responsibly.