Throughout sports betting, many bookmakers can provide enhanced offers in the hope that bettors will choose their site to place bets. With these offers coming in different forms, such as odds boosts and free bets, there are a range of different ways to take advantage of these bonuses available. The enhanced offers calculator is designed to assist bettors when it comes to these offers, allowing them to then use techniques that we have seen in matched betting to create profit and cut out potential losses.
Here at OddsMonkey, we will look through how to use the enhanced offers calculator, what it is and why bettors should be using it.
What Is The Enhanced Offers Calculator
The enhanced offers calculator is a versatile calculator that can be used for a huge range of enhanced offers, from cash boosts to enhanced odds. The aim of this calculator is to create a matched bet, which allows bettors to lock in a profit. Either the original bet will return a profit, or the bettor will be offered an enhanced offer. This can work for both cash bonuses and odd boosts, as the discrepancy in odds can lead to some fantastic value betting opportunities.
The reason why the calculator is used is that it can allow bettors to create a matched bet, and therefore can remove the potential for loss in sports betting. With the versatility of the calculator being very high, this tool can be used in a wide variety of scenarios, whether that be for new customer offers or other promotional offers. If you are interested in finding out about some of these offers, we go into depth throughout our guides available on our matched betting blog.
With there being so many different ways of using the enhanced offers calculator, we are going to go through exactly how you can use the calculator to your advantage.
How To Use The Enhanced Offers Calculator
Firstly, to use the enhanced offers calculator, you must determine which offer is available to you and select the one you would like to use in the calculator. This can be in the form of cash, free bets, or enhanced odds. Once you have found the offer you are using, you can then input the details of the bet into the calculator.
By entering your back bet details, you can then enter the odds of the lay bet, and press calculate. This will instantly show the user how much they will have to wager at the betting exchange for a matched bet to be complete. The calculator will display the values at the bottom of the screen, therefore displaying exactly what the different outcomes of the bets are.
It is also important to make sure you have the calculator set to the correct setting, as the calculator can change the offer type to pay in different forms, as some bookmakers may offer free bets, and others can offer cash.
Why Use The Enhanced Offers Calculator
Whilst most bettors would take the enhanced offer and try to create value, the enhanced offers calculator can ensure that you make the most of the offer. This can allow bettors to find out what different outcomes can return what values.
Not only can the enhanced offers calculator be used to ensure that you are not making any mistakes when it comes to the maths, but it also ensures that you can place matched bets that remove the risk of losing any money due to all outcomes of play being covered by bets. This means that even if your bet with the offer loses, you will still be able to rely on your lay bet, which will award a profit, making it incredibly useful. Similar to other betting calculators at OddsMonkey, they are incredibly useful for forming matched bets and maximising the benefits of offers.
Who Can Use The Enhanced Offers Calculator
The enhanced offers calculator is incredibly simple to use, and it is available on the OddsMonkey site, meaning if you are looking to make the most of these types of offers, then you can take advantage of them through this calculator. Of course, this calculator is only useful for those who are using these offers and are trying to create matched betting opportunities.
✅Using enhanced offers
✅Looking to create matched betting opportunities
❌Not using enhanced offers
❌Not interested in using matched betting
Enhanced Offers Calculator At OddsMonkey
Creating matched betting opportunities through these enhanced offers is one of the best ways to maximise the benefits of sports betting, and by eliminating the potential for losses, bettors can utilise these calculators to generate potential profits.
OddsMonkey is the best place to be when it comes to finding the best betting calculators, and every one of these calculators is simple in design and incredibly useful. There are other calculators available, such as the each-way calculator and the accumulator calculator, which are incredibly popular.
