Odds Boosts Explained: How Enhanced Odds Work

If you have an account at an online sportsbook or are considering opening one, you might have seen offers for enhanced odds, boosted odds, or price boosts.

We explain what these terms mean and how these offers work. We will also present some tips and strategies to help you find the best enhanced odds betting opportunities for specific events.

If you are new to the sports betting world, you might also be wondering if odds boost offers are legitimate and what the catch is. This article will answer any questions you may have about odds boosts:

How Odds Boosts Work

Enhanced odds, odds boosts, and price boosts are different names for special promotions that many sportsbooks offer to increase the odds on certain betting markets, ranging from game outcomes to specific props and pre-constructed parlays.

Sportsbook odds boosts are usually short-term offers that are valid for specific sporting events, and bettors must act fact to take advantage of boosted odds promotions.

Bettors can expect to find daily odds boosts promotions on a wide variety of markets, usually each offer is sports-specific and event-specific.

Enhanced odds allow bettors to earn a higher payout if the bet wins than they would with standard odds.

Sportsbooks are willing to offer odds boost promotions to attract new customers and engage with existing users. Sportsbook operators can also protect themselves from big losses, not only by setting a low maximum stake, but also by often limiting the offers to very specific bets that are hard to win.

Typical Enhanced Odds Boosts

A typical odds boost is 20% (i.e., from + 125 to +150), but sometimes you will find bigger boosts.

As a general rule, the shorter the odds, the smaller the boost as a percentage of the original odds The longer the odds, the more likely, the boost is to go over the 20% mark.

Sometimes, enhanced odds promos are losing propositions for the sportsbook.

Common Odds Boost Formats

Enhanced odds betting can be offered in a variety of ways, including odds boosts, price boosts, and profit boosts. It’s important to understand the differences.

Odds Boosts & Price Boosts

An odds boost typically applies to a specific bet on a given day. It is often in the form of a player prop or parlay rather than a straight moneyline or point spread bet on a single team. So, while you are getting better odds, these bets tend to be harder to win. Also, unless the sportsbook states the usual betting odds, it is difficult to tell if these odds boost promotions are a good deal.

Profit Boosts

A profit boost offers much more flexibility in the bets you can make since it can be applied to any bet under certain conditions. For example, you might see an offer for a 20% profit boost on any NFL bet on a certain day.

Where to Find Odds Boosts

The best places to find boosted odds are the websites or mobile apps of major reputable sportsbooks that are legal in your area.

Click on the Promotions tab to check what offers are available on that day, but please remember to bet responsibly.

Some odds boost promotions are only offered to bettors who follow the sportsbook on social media accounts.

As with any other type of legal online sports betting, to be able to take advantage of such offers, you must have an open account with sufficient funds to cover the bet.

If you are already an active registered customer at a particular sportsbook, you will likely receive special announcements in your email or via SMS text messages, assuming you have opted in to receive promotions.

Boosted Odds Betting Tips

The following are some recommended strategies for taking advantage of enhanced odds promotions.

• Check boosted odds promotions daily: Usually, they are not posted until the day of the game or, in some cases, the day before.
• Compare odds boost promotions to betting lines at competing sportsbooks: This will give you a better idea of whether or not you are getting any extra value.
• Read the terms and conditions enhanced odds offer carefully: Make sure you are eligible, know the time frames for placing the bet, and other requirements and limitations, including the minimum bet and maximum bet.
• Do not be enticed by the enhanced odds alone: Many of these offers are highly specific and for betting markets with which you have little or no familiarity. This statement especially applies to odds boosts involving multileg parlays or specific player props. These bets are hard to win, particularly if you are new to sports betting and have little experience with these bets.

Odds Boost Limitations

Although sportsbook odds boosts can be valuable, bettors should also be aware of any limitations. Odds boosts promos frequently usually have lower wagering limits.

Key rules to note before claiming odds boost promos include:

• Boost Percentage: Indicates the additional amount you win upon a successful boost.
• Max Wager: The highest bet amount allowable with the applied profit boost. (If the Max Wager is $30 and you bet $50 and apply a 15% profit boost, the 15% boost will only be applied to the initial $30, and the remaining $20 will be settled with regular odds.)
• Maximum Additional Winnings: Shows the maximum amount you can win through a profit boost promo.
• Market Limitations: The specific sporting event or bet type the profit boost can be applied to.
• Minimum Odds: Indicates the lowest odds your qualifying wager can have to be eligible for a particular profit boost promo.
• Parlays Are Fixed: Bettors cannot add legs to boosted premade parlays

Use Enhanced Odds Promotions Responsibly

Remember, odds boosts are primarily a marketing tool designed to attract customers and increase their engagement with the brand. The gambling industry knows that the average customer is attracted to discounts, and odds boosts promos are designed to draw bettors into placing a bet they wouldn’t normally make.

Therefore, resist the urge to accept these offers just because of the increased odds, particularly if it is a type of bet that is outside of your comfort zone.