Jenningsbet are an independent retail bookmaker in the UK that operate on the high street as well as online. Though there aren’t a huge amount of promotions on the website at the time of writing, one offer that is listed is Best Odds Guaranteed on all UK and Irish horse racing, as long as the bet has been placed after 9am on the day of the relevant race. This is an offer that is particularly attractive due to how easy it is to claim, and how much profit it can potentially add to a bet.
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Best Odds Guaranteed ensures that you receive the best possible payout between the fixed odds early price you took on a horse and the official Starting Price (SP). If the SP drifts to a bigger price, that’s the price Jenningsbet guarantee to give you upon settlement of the bet. To demonstrate how you can benefit financially from the offer, if you were to place a £20 bet on the horse Log Off to win a race at Windsor at odds of 8.00 and the bet came in, your returns would be £160. If the Starting Price had drifted to 8.50 and the horse won, the returns are instead £170, giving you an extra £10 in your pocket with no additional work needed.
In order to make sure you qualify for the Best Odds Guaranteed offer, please be aware of some terms and conditions. The offer does apply to both board and early prices on single and combo bets. However, it does not apply to bets placed at Ante-Post odds, Tote bets or any bets on International Racing. If a Rule 4 was to occur, then Jenningsbet would pay you out at the bigger odds after the Rule 4 deduction was applied. Again, only bets placed after 9am on the day of the relevant race count towards the offer. If betting with large sums, the maximum bonus for a single customer on a particular selection is £1000.
From a matched betting perspective, Best Odds Guaranteed can add some value. Though, due to a lack of free bet opportunities on the site at the time of writing, this would have to be through finding or creating an arb situation. If you were to find a match where the back odds were greater than the lay odds, you could potentially profit more if the bookmaker bet wins. For example, if you placed £20 on Miss Puddles to win at Ripon at 8.00 and laid £23.02 on the exchange with odds of 7.00, you profit would be £1.88 if the horse wins. If the SP returned at an even greater price of 8.50, the profit is increased to £11.88 if the horse wins, giving you an extra £10. Admittedly, finding arbs such as this are very rare.
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