Definition of an Odds Boost
An Odds Boost is a promotion that increases the odds for a particular bet. It’s usually limited to a preselected line and is used to entice more bettors to bet. For the most part, Odds Boosts are parlays and prop bets, so you might see a boost for a bet that includes multiple moneylines, but will rarely see one for a single moneyline.
How Do Odds Boosts Work?
Odds Boost promotions usually increase the odds by between 10% and 40%. For instance, a bet of +200 might be increased to +250, which means that a $100 wager would get you an extra $50.
These bets are not like free bet bonuses or deposit bonuses. You don’t have to meet any wagering requirements or jump through any other hoops. The money that you win is yours to keep.
From the sportsbook’s perspective, an Odds Boost can attract more players or make existing players bet more. From the player’s perspective, it’s a great way to increase payouts.
After all, an Odds Boost increases the potential payout without altering the probability.
Should I Bet on an Odds Boost?
If you were going to bet on that line anyway, you should definitely take advantage of an Odds Boost. If you’re forcing yourself to bet on something you don’t fully believe in or care about, it’s best to avoid it. Sportsbooks are not in the business of highlighting the best odds and then giving you more money when you bet on them.
Which Sportsbook Offers the Most Odds Boosts?
You can find Odds Boost promotions on a host of US sportsbooks, the best of which includes Caesars, PointsBet, and BetRivers.
How Can you Do Arbitrage on an Odds Boost (Match Betting)?
Arbitrage betting means placing a wager on one outcome and then betting on the opposite outcome on a different site. You need big odds to make this work, and Odds Boost could provide that.
It’s not easy, though.
To calculate whether you can make an arbitrage bet, calculate the odds and bet when they are positive. For instance, if you can get a boosted Team A win for +200 on one site and a win for -180 on another, there is a small margin in which you can earn a profit.
What Types of Odds Boosts Does FanDuel Offer?
FanDuel shows all of its Odds Boosts (listed as “Odds Boosted”) in a list. You’ll see the previous odds on the left, under “Was”, and the current odds on the right, under “Now”. These bets vary, but they are usually prop bets for sports like football, basketball, hockey, baseball, and soccer.
What Types of Odds Boosts Does DraftKings Offer?
DraftKings has daily boosts on prop bets. It shows the previous odds with a line through them followed by the boosted odds in green. There are new Odds Boosts every day.
What Types of Odds Boosts Do BetMGM Offer?
BetMGM generally have several parlay boosts on offer, including same-game parlays. The boosts are high, but they often include several outcomes.
What Types of Odds Boosts Does Caesars Offer?
Check the top of the home screen for the “Boosts” icon. This will tell you how many bet boosts are available. When you click this link, you’ll see all the Odds Boosts available for that day. There are offers on most popular sports and these typically cover parlays, same-game parlays, and prop bets.
What Types of Odds Boosts Does Unibet Offer?
Odds Boosts can be quite substantial on Unibet, but these promotions often come with wager limits. This means that you can only bet a certain amount. If you want to wager more, you’ll need to bet on the original price.
Most Unibet Odds Boosts are on horse racing, but you will also find a handful of them on other popular sports.
What Types of Odds Boosts Does PointsBet Offer?
PointsBet has a good selection of Odds Boosts for parlays, the best of which can be found on NFL and NBA markets. You’ll see the current odds and the previous odds, letting you know how big the boost was.