What are odds boosts all about?
The concept of odds boosts US is pretty simple, actually. In a standard odds boost promo, the sportsbook selects specific betting markets and lowers the vig by enhancing the payout odds on wagers that turn out as winning bets.
Odds boosts allow bettors to get the best odds boosts today while the same level of risk is involved. Odds boosts usually relate to a single market on a single game only. The wager can be anything from a basic side spread, money line, or total to different variations of parlays and props.
An odds boost is among the most profitable sports betting offers. The reason is that they allow you to create a betting scenario where you can get a positive EV or expected value, eliminating that pesky vig or vigorish, which is the amount the sportsbook charges on top of your wager.
Different sportsbooks have different odds boosts offers, and some are better than others. Depending on the sportsbook and what it typically offers, you can expect the odds increased on a specific market by anything ranging between 10% and 40%, and if you’re lucky, they may go even higher. You will also find that there will be strict rules in place when taking advantage of them, especially with very high odds boosts.
There are odds boosts around every sportsbook corner as an addition to regular promotions and welcome deals to draw more potential customers and keep existing customers engaged and happy.
Some sportsbooks include a great feature showing the difference between the original odds and the boosted odds in the odds boost promo section so you can see exactly what your potential advantage is and how much value is added.
How sportsbooks manage odds boosts
Even though sportsbooks offer you the chance to make some extra cash if you’re smart, they still have to keep their virtual doors open. So, it’s important to have odds boosts explained from the sportsbook’s perspective. Let’s reveal some of the tricks of the trade that sportsbooks like to add to these deals to ensure that there is no unintentional daylight robbery.
- To start with, you can only take one side of a bet. So if a typical player props bet is boosted from +300 to +500, you only have the option to either bet for or against the player prop bet at the boosted odds.
- Another kind of sneaky but understandable thing a sportsbook would do is limit the wagering amount, so nobody walks away with their whole stash of cash. A sportsbook also doesn’t want to risk being exposed to colossal wagering amounts on positive EV bets.
- Then, many sportsbooks prefer to only boost the odds on longshot bets. Examples include parlay bets with many legs or unlikely props. This means that these best have a very high failure potential because they are unlikely to hit. Thus, there is a significantly lower risk for the sportsbook and only the appearance of a good deal for the bettor.
How reliable are odds boosts?
The last point is an excellent example of odds boosts always looking enticing, but not all of them worth betting your hard-earned money on.
In fact, odds boosts are not always what they seem. There’s no doubt that odds boosts can be advantageous, but you need to look at the deals carefully before making a decision.
Never underestimate a sportsbook’s knowledge of its customer demographic and the amount of market research that goes into promotions and deals – sportsbooks definitely understand how popular odds boosts are, and let’s just say that you should always keep in mind that a sportsbook remains a business. They won’t offer boosted odds 100% out of generosity to their customers.
A comparison is meant to get the best boosted odds deals, and the broader, the better.
Comparing the odds boosts from different sportsbooks not only gets you the best deals but keeps sportsbooks on their toes when it comes to offering their customers quality wagering promotions, especially since there are so many sportsbooks offering odds boosts. For example, if you’re considering wagering on a +160 to +190 odds boost, but two or three other sportsbooks already have the line at +200, it provides a clear perspective.
That’s why you’ll often find high betting odds boosts on longshot bets, not to mention the rules that you must abide by to use the promotion in the first place. While it’s still just a theory, many believe that sportsbooks deliberately offer boosted odds on markets they know are unlikely to hit.
The most common betting types you’ll find odds boosts US
Ever wondered which betting types most commonly include odds boosts? It definitely helps to know!
- All to Win: It’s not uncommon for sportsbooks to focus on boosting the odds of 2-and 3-leg money line parlay bets. For example, the 49ers, the Patriots, and the Cowboys all to win.
- Game props: Game props will also be parlayed most of the time (you’ll struggle to find a game prop with boosted odds that’s not parlayed), and the best are correlated positively.
- Player props: Player props go one-way because of the boosted odds, so you’ll either be able to bet on a yes or a no, but not on both because both will, in most cases, not be available. Another way of doing boosted odds player props is to parlay two-player props together to make it more challenging.
- Outright winners: Outright winners boosted odds are typically focused on a team or an individual to win or be the top scorer. Outright winners boosted odds are particularly popular in sports like NASCAR and golf.
Role-playing factors that influence odds boosts
There are a few other factors worth considering when it comes to odds boosts that will broaden your perception of both odds boosts themselves but also on how to manage a bet with boosted odds.
First, there’s always that likelihood that sharps may move on a line after an odds boost has already been established and posted on an online sportsbook’s platform. Typical examples are unexpected players in the starting lineup announcements or unexpected injuries eliminating certain key players. Situations like these can push the lines in both directions, depending on the situation.
For example, let’s say an odds boost moves a line from +150 to +180, but due to events before the match, the closing line is now +180, and now the bettor isn’t getting a deal they’d consider signing up for at all. This being said, the line could also move in the other direction, like from +150 to +120, which makes it a better deal.
Determining the value of boosted money lines is straightforward and definitely the easiest if you’re shopping around for odds boosts. On the other hand, determining the value of one-way props, you’ll have to do some guessing, not to mention if you’re trying to determine the value of parlayed one-way props.
The vig on these bets can be extremely bloated, so bettors should ensure their margin of error stays small. Finally, we can not emphasize this enough – shop around to see who’s offering what before making your final choice.
Odds boosts remain an extremely popular promotion type offered by the majority of sportsbook giants, but knowing more about them makes it easier to identify a genuinely good offer and take advantage of it. Consider all of these factors once you sign up for an odds boost deal again and remember to do some shopping first!
Odds Boosts FAQ
Odds boosts is a relatively new type of promotion offered by most sportsbooks to get customers signed up for specific bets with increased odds. There are quite a few details one needs to know in order to take advantage of an odds boost promotion, and you’ll find them all right here.
It depends on what you want the outcome to be. Nobody wants to lose a bet or lose money, so in that case, you’d want to check out the offer before you sign up. In our betting guides, we discuss what type of odds boosts offers are better and why, so take a look.
The name odds boost tends to imply that, and it is possible. However, to get your money’s worth and something extra out of an odds boost deal, you need to know a few things about sportsbooks and how odds boosts are formulated. It’s all in our guides at TheGruelingTruth.com, so take a peek.