What are the Odds Boost about?
Odds boosts are offered by sportsbooks as another way for bettors to increase their payouts for a winning wager.
Odds boosts are offered in multiple sports, such as baseball or basketball, and are improved odds on certain bets to help the bettor.
How do Odds Boosts work?
Odds boost can be added to any bet, including moneylines, spreads, parlays, or prop bets.
Odds boosts are the most favorable for the bettor, as they offer the same amount of risk with a higher potential payout.
Though odds boosts are more favorable for the bettor, they come with conditions.
First, sportsbooks usually only offer them on longshot bets that are often difficult to hit. They also are usually on lower wager limits so there is less risk for the sportsbook, and finally, bettors can only take one side of the bet.
The sportsbook will also show the odds before the boosted odds and after, so bettors know how much the odds have increased.
For example, in a Dallas Stars game, Jason Robertson had original odds at +130 to score anytime, but with the boosted odds, moneyline increased to +180. If a bettor thinks that bet is worth it, they can put the same amount of money down that Robertson will score, but instead of getting $130 on a $100 bet before, they’d get $180 with the boosted odds. You can only bet on him one way to get the boost. In other words, either bet he will score. Or he won’t score. Not both sides.
Betting Strategy
Though odds boost increase odds, since they are also offered on longshot bets, bettors must do their research to ensure the boost is worth it.
Odds boosts are offered on all kinds of things, and sometimes it’s easier to determine whether the bet is worth it or not.
If a sportsbook offers an odds boost on a bet such as a parlay, it may be tougher to cash out as multiple events must happen for it to hit. However, if the boosted odds are on a moneyline bet, the likelihood of it happening is higher.
Bettors should also see how the odds boost compares to the original odds as well as the terms that come with the boosted odds to ensure the odds boost is a fair bet.
Prop Bets
Sometimes, odds boosts are offered on prop bets, which are the same as any regular prop bet, just at increased odds.
Sportsbooks can give boosted odds on prop bets such as how a player will perform statistically in a game or how a game will turn out, and odds boosts are just another way for bettors to increase their payout.