Odds Boosts
Odds boosts, also known as price boosts or enhanced odds, are offered by nearly every sportsbook as they are a great way to encourage betting on particular sports or events. In essence, a bookmaker will provide better value odds to increase a punter’s potential winnings. An example would be boosting a horse to win a race from 4/1 to 5/1. Boosted odds can be claimed by new and existing customers, which explains their popularity. In this article, we’ll take a deeper look at odds boosts, highlighting what to look out for and some of the best bookmakers offering them.
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The Most Common Types of Odds Boosts
An odds boost is usually applied to a particular market or combination of markets, with the idea of attracting customers due to its better value. Odds boosts usually increase your profit by between 10 and 40%, and so are a great opportunity to explore different wagering options and bet types. Meanwhile, sharp bettors can utilise odds boosts as part of their arbitrage betting strategy.
It is not uncommon for odds boosts to be applied to a combination of bets. These are often tied to the most popular tips provided by a bookmaker, or maybe a preview where favoured markets are highlighted. Examples include ‘Team A to win and both teams to score’ and ‘Team B to win and over 3.5 goals in the game’.
It’s important to note that an odds boost increases the pay out if you win, but it does not increase the probability of winning. While odds in general are tied to implied probability, boosted odds are purely a marketing strategy. The original odds tend to be stated to highlight the value of the boost though, so you can assess the value of the original bet. We would always recommend doing your own research to assess whether a bet is worth placing. Never place a bet just because of the boost.
Payouts from odds boosts can come in two forms. The first is real money into your betting account, which can be withdrawn instantly. The second is in the form of free bets, which often have rollover requirements.
Odds boosts may come with wagering requirements, so check the T&Cs of each offer thoroughly. For example, sportsbooks often limit the stakes you can place on odds boosts.
It is also worth noting that odds boosts come in a variety of different flavours. Some sportsbooks offer daily odds boosts, while some offer boosts on specific events such as the Super Bowl or FA Cup Final. Season-long odds boosts are also not uncommon.
Finally, it’s important to note that an acca boost, while similar, is not the same as an odds boost. In an acca boost, the sportsbook gives you an additional bonus depending on the number of legs you put in your accumulator. For example, a 2-way acca may get you a 5% boost, while a 3-way acca may award you 10% should all legs win. This is at the discretion of the bookmaker. In an acca boost, you can choose the bets to place in your accumulator whereas an odds boost tends to be offered on specific markets chosen by the bookmaker.
How To Claim An Odds Boost
Odds boosts generally do not form part of welcome offers, so you can claim them even if you already have an account with a sportsbook. These are the usual steps:
- Go through the list of bookmakers at the top of the page to find the odds boosts of interest.
- If you don’t already have an account with the sportsbook of interest, sign up by clicking on the link.
- Click the “Register” or “Join” button on the homepage, fill out your personal details, and undergo the KYC checks. If you do already have an account, just sign in as you would usually do.
- Deposit funds and select the boosted odds of interest to you. The market should then appear on your betslip.
- Enter your stake, making sure it's below the maximum permitted, and click “Place Bet”.
- Enjoy the sporting event upon which you have placed your bet.
Odds Boosts – What You Need To Know
As with all sportsbook promotions, it’s important to check the terms and conditions before signing up. For odds boosts, you should consider:
Conclusion
Odds boosts are a way for bookmakers to attract customers through offering more competitive and enticing odds. They are particularly good for encouraging betting, and thus liquidity, on certain sports or markets.
While boosted odds are welcome, this doesn’t boost the chance of winning. It only increases the pay out if you do win. As with all promotions, we recommend doing your own research and checking the terms and conditions in full before signing up. Remember, sportsbooks offer odds boosts for their own benefit, not from the goodness of their hearts. Despite this, odds boosts do offer good value, particularly on bets you were thinking of placing anyway. As we have said before though, if you think the bet won’t win, don’t be tempted by the boost.
FAQS
What are odds boosts?
Odds boosts are where a bookmaker offers enhanced odds on a particular market or combination of markets.
Do odds boosts mean a greater chance of winning?
No. In sports betting, odds are tied to the implied probability of an event occurring. An odds boost is merely a promotional tool where the sportsbook accepts a reduction in profits (or a potential loss) in order to acquire or engage more customers.
What should I consider when looking at odds boosts?
We always recommend checking the terms and conditions of any offer, particularly when it comes to any wagering requirements like minimum deposit amounts or maximum stakes permitted. We also suggest you do your own research to check whether the bet you are looking at is genuinely good value.
Are odds boosts the same as acca boosts?
No. While similar, an acca boost is where a sportsbook gives you a bonus for adding more legs to your accumulator, regardless of what the bets are. An odds boost is where a bookmaker gives you improved odds on a specific bet or combination of bets. This is usually decided by the sportsbook.
Are odds boosts good value?
Generally, odds boosts are good value as they are often the best odds online for a particular market. They are certainly good if the odds boosted are on a bet you were going to make anyway. However, it’s always best to do your own research before placing any bet, regardless of whether it’s boosted or not.