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Odds Boost

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1 year ago
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So, What is an Odds Boost in Sports Betting?

An odds boost is a type of promotion offered by sportsbooks to new and existing customers. At the sportsbooks’ discretion, they will enhance the odds on a particular fixture to entice customers to place a bet for a specific period. 

This drives up the interest in the betting market and incentivizes bettors to place wagers, as they have a chance of winning more money by making their selection when the odds have been enhanced. 

Odds boosts are available for a range of betting types, including moneylines, spreads, totals, and parlay bets. They vary from site to site, but sportsbooks typically offer players great value when it comes to odds boosts, removing the house edge and shifting the odds in favor of the players.

Odds Boosts in Action

Most sportsbooks regularly offer customers boosted odds on select wagers. In some instances, you will be offered an odds boost on a straight-up moneyline bet, but you might also be given a chance to place a parlay at enhanced odds. It all depends on the type of promotion that a sportsbook is running. 

A sportsbook builds house edge into their odds, but offering an odds boosts swings the odds in favor of the better, meaning the sportsbook only gives up its edge for these specific odds. Let’s take a look at an example. 

Imagine you want to back the Browns and the Bengals in the same game week, and a standard, two-team parlay gives you odds of +230. The sportsbook might offer you boosted odds of +300 for the outcome, which provides you with the chance of winning more money even though you keep your stake the same. 

This, in a nutshell, is what an odds boost is. It’s a promotion run by a sportsbook that gives bettors enhanced odds on specific selections. 

Are Odds Boosts Worth it?

Odds boosts always seem enticing when they’re presented on your betting slip. After all, you get better odds for the same amount of money, so what’s not to like about that? Well, you need to think carefully about whether the fixture offers good value for money and whether your selection will likely pay off. 

A good way to do this is to compare the odds given by different sportsbooks for the same fixture. For instance, if you’re considering placing a wager on +160 odds that have been boosted to +190, but a few other sportsbooks are offering +200 already, it gives you a clear perspective on the value for money being offered. 

On the surface, an odds boost seems like a great promotion, and it is. That being said, there are some things that you need to be aware of. Some bookmakers limit the amount of money you can place on a wager when backing an outcome with enhanced odds, which limits the amount of profit you can make from a selection. 

You should also note that some sportsbooks pay out winnings from enhanced odds in the form of free bet credits as opposed to cash. This is important to be aware of, so you need to read the terms and conditions associated with odds boosts on your chosen sportsbook. 

Odds Boosts Betting Types

The reality is that a whole host of bet types can be boosted, as it’s entirely up to the sportsbook to offer enhanced odds in the first instance. So, you will find that some sportsbooks boost single selections, while others offer parlay boosts and other enhancements to entice players to place wagers. 

Be aware that odds boosts are limited-time offers and will change quickly, so if you see a good value promotion in front of you, it’s best to take advantage of it. 

Finding Odds Boosts

Helpfully, most sportsbooks display odds boosts front and center of their sites, making them easy to spot. You can also find them by heading directly to a sportsbooks’ specials or boosts tab, which you can find on the main menu. 

Odds boosts are particularly popular in the lead-up to televised events, so it makes sense to check in with your sportsbook in the immediate lead-up to the fixture to see what you’re being offered. You can also follow your chosen sportsbook on social media to keep up to date with their latest promotions and bonuses. 

Recap: Odds boosts in sports betting

Sportsbooks run a whole host of promotions and special offers to attract new customers and reward the loyalty of those who have been with them for a long time. One such promotion is an odds boost, which is issued at the sportsbook’s discretion for specific events

Odds boosts are limited-time promotions, so you need to be quick when an opportunity presents itself. But if you manage to back a wager with enhanced odds, you stand a great chance of winning more money on your selections, which is something that all sports bettors can get on board with.

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Frequently Asked Questions

Are odds boosts legit?

Yes. A licensed sportsbook will offer odds boosts as a way for bettors to get more returns on a winning bet. It is used as a form of promotion or reward.

Are odds boosts worthwhile?

It depends on the odds that are offered! The offer is worthwhile if the odds are reasonable before they were boosted. But if the odds are low, and the boost brings them up to similar levels found elsewhere, it doesn’t give you much of an advantage.