BOG

Im stealing this post from navillus off another thread. I think it deserves a thread of its own.

I think BOG is one of the best offers that the bookie’s offer.

Back in November Paddy Power had money back 2nd promo on a meeting every day. It was before my matched betting career but I had a strategy that I would back all horses 3/1 and lower (its actually very similar to matched betting as you pay a Qualifying Loss but take a long term view of this loss – just straight betting 3/1 shots you’re losing up to 10% of your stake on average). The bet won or came second for a refund often enough to make a good profit.

But the interesting thing (yes, I’m getting to the point, bear with me) was that because I wasn’t matching them I could get them on at any time and it suited me to do them all the night before. At the end of the month I was over €2000 in profit in Paddy Power. Half of this came from my “unmatched” betting strategy. But according to my paddy statement I also made €1000 due to Best Odds Guaranteed.

So the question is how are ppl tapping into BOG offers?

I have started scanning paddy power again the night before for arbs. And its a struggle because I often find them, but they are often unlikely to win 20/1 shots or there is not any decent amount of money available on the exchange to make it worth while.

For example last night I got Quick March at 8.0/7.6, Fashionable Spirit at 6.0/5.9 and Joyce Compton at 7.0/6.4 but in all cases there was only enough liquidity to get €5 or €20 on. And none are nailed on favourites that are really likely to win even if their odds do drift, so I’m unlikely to make anything.

Quoting navillus.
“As I say Im retired and it is a hobby. Some one said earlier , its the early bird that catches the worm. Im up at 6.a.m. cup of coffee, computer on , make a note of Racing Post favorites. Which of the above bookies has the best price off Oddsmatcher from my above bookies the major players, I then back it for a £100 win, lay it off on Betfair as they have the most liquidity. It is rare that one of the horses doesn`t win. If they all lose okay I will make a small loss on the day which is far outweighed when as yesterday for example it went very much in my favour.
I backed Glitter girl at 9/4 (3.25) for a £100 win and layed it at 3.90 for a potential loss of £19.82, so I am always in a negative state.
Glitter Girl won as you know but was returned at 9/2 F (5.5) giving me a massive profit on just that one race. The secret is the BOG prices , sometimes it is much less than this profit wise but do not expect to earn a living from betting because you won`t treat it like a hobby and enjoy the proceeds when things go right.
I withdraw money for small luxuries but I always have a betting bank entirely separate from my household money and look on it in the same way as if I had bought shares in a company, the company shares go up and down but the eventual idea is to make an overall profit.
Rotate your bets around the BOG bookmakers if possible nobody likes a winner all the time.”

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FoG_BLoG
49

September 9, 2016 at 9:58 am

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78naD 3 September 11, 2016 at 10:42 pm

I do a lot of bets daily in the shops for sharbing and MB’ing in shops. I see the huge benefits of BOG on a weekly basis. It’s massive. I don’t look for horses with tipsters rating them or tipping them, I’m just taking ones that suit my MB’ing and if they hit then great, and they do hit a lot every week. To be honest they pretty much wipe out my qual bets.

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lb1234 0 September 11, 2016 at 11:21 pm

BOG is the way forward. I’ve made a lot of accidental money over the last year from this.
Last night I read a strategy of BOG
I.e £100 @ 3.0 ( early morning price)
Lay £50 @3.0 ( early morning )
10 mins before the race check the exchange price
If the horse has been backed you have a arb to lay the extra £50. If the horse has drifted lay £50 at the new lay price , at the same time you will be having the full £100 on BOG. Today I made £100 on my first day of trying this strategy

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beesty2016 3 September 12, 2016 at 9:00 am

I agree with you all that BOG is a great money spinner and at times I treat it like a bonus to what I normally do. The gutting thing is this extra tool has gone from the websites I am using due to being gubbed. Despite having a good few days last week I calculated that my profits would have been another £310 higher from BOG. One was a £250 and the other was a £60.

It really does mean that backing a horse on the exchanges is a pointless exercise unless you are looking to bet from 7 mins before the race when usually the prices all get cut and I find all sites follow the same odds from this moment in time.

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Pickle 59 September 16, 2016 at 10:47 am

Anyone any experience of getting a bit of BOG on gubbed accounts when the gubbing email said you were no longer eligible?. I had a bet on a gubbed account yesterday and surprisingly got paid out @ 9 instead of 8.

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Smarty72 0 September 16, 2016 at 12:05 pm

@ Pickle

Had this with Coral on my gubbed account! I was surprised!

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