Author: Tony MacDonald
Published: 12:54 12/05/2015
Taking advantage of an enhanced odds offer to claim a massive price boost is a great way to improve your chances of getting off to a winning start when signing-up with an online bookmaker.
Price boosts have been around for a while now, but more and more bookies have jumped on the bandwagon and are offering enhanced odds to new customers in place of the traditional free bet welcome offer. Before we get in to how to claim a price boost, it's important to first understand exactly what enhanced odds are and how they work.
How Enhanced Odds Offers Work
Having compiled the odds for a particular sporting event, an online bookmaker may then decide to offer enhanced odds on a selection or a number of selections from that event. The enhancement means that the punter taking up the offer stands to win more than they would normally by placing the bet at standard odds, should they be successful. Take a look at our example of an enhanced odds offer below to get an idea of how they work.
Lets say the standard price for Real Madrid to beat Barcelona in a Spanish La Liga match is 2/1, meaning a £10 stake would return £30 if they win. The bookie may offer enhanced odds 4/1 Real Madrid to beat Barcelona, which would return £50 from a £10 stake, giving a punter the potential to double their profit.
Those of you that have read our earlier article on understanding what is a value bet will no doubt have just twigged that taking out such a price boost is a surefire way to guarantee yourself a value bet!
In most cases the bookmaker will put a cap on the amount a customer can stake at the enhanced odds (typically £10) any stakes above that cap have the remainder settled at the normal price. Bookmakers also tend to settle the bet at the normal price immediately before later topping up the customer’s account to reflect the enhancement, although this can vary depending on the company in question.
Some firms also pay the enhancement as a free bet rather than as cash which can be withdrawn with no rollover requirements, so it's important to bear this in mind when thinking about taking up such an offer. Also, keep an eye out for any additional benefits, such as free bet refunds for losing bets or the opportunity to earn further free bets against any subsequent stakes following your initial enhancement.
How To Get Massive Price Boosts
Head to the Freebets.com enhanced odds hub to browse the latest range of price boosts in detail, bearing in mind that the offers are often short-lived and sometimes only become available on the day of the event, so don't hang around or you might miss out!
Once you have found an offer that takes your fancy, you can click 'CLAIM NOW' to head straight to the bookmaker and begin the registration process, or follow the 'Learn More' link to get full details on the price boost including terms and conditions. Freebets.com will summarise the key points of the offer and highlight any important information, such as free bet/cash payback, to make it quicker and easier for you to make an informed decision when seeking out a price boost.
Once you're happy with the terms and want to proceed, sign-up with the bookie in question using the special links supplied by Freebets.com and enter any promotional codes which may be required, before making the necessary deposit and placing your qualifying bet, which in most cases will only be accepted if it's your very first bet.
And that's it, once your bet is placed you can relax and enjoy your football match, horse race or other sporting event knowing that if your bet wins, you'll be due a massive price boost on top of the normal winnings!
As previously mentioned most online bookmakers that offer price boosts will promote them in connection with a specific event and market, but 888Sport have a fantastic treble odds offer available to new customers available on any sports betting market. Register with 888Sport and place your first bet of £5 or more as a single or accumulator and get paid any winnings from that bet at treble the normal odds, credited as withdrawable cash.