Online sportsbook operators are always searching for new and improved ways to reward loyal customers, and to continuously deliver an enriched online betting experience. One of the best ways to achieve this in recent years is through odds boosts.
You’ll notice that more and more online sportsbooks are providing enhanced odds to attract bettors to the site, all designed to offer longer and better odds on a particular bet.
An odds boost provides the perfect opportunity for you to receive a bigger potential profit on your wagers, which is something that goes hand-in-hand with an optimal betting strategy.
In this article, we will take an in-depth look at what an odds boost is in the world of sports betting along with when and where you’ll be able to find odds boost as an online bettor. We will also discuss whether or not is a good bet to use and provide a list of the different types of odds boost you’ll find online.
Lastly, we will tell you how you can profit from using odds boosts when it comes to sports betting and the terms and conditions that are linked to these incredible offers.
An odds boost has different names, depending on where you are in the world. However, whether it’s called pushing, rushing, boosting, or promise, each of them temporarily enhances an entire market, an event, or even a betting line. When you utilize these offers correctly, you’ll be able to benefit from loads of value on your wagers.
Most online sportsbooks will frequently provide boosted (better) odds on a variety of different bets. When an odds boost is offered by an online sportsbook, it usually signifies a payout increase for a point spread, totals, or moneyline wager on a specific sport or game. You will also find that some online sportsbooks provide increased odds on a specific team prop or player.
All online sportsbooks include a house edge on every bet featured on the site to ensure the sportsbook makes a profit. The house edge built into the site is usually referred to as vigorish (vig). When an odds boost is offered to you, it will move the odds in your favour, as opposed to the online sportsbook. Therefore, an online sportsbook essentially gives up some of the vig to make the bet more attractive to bettors. In some cases, you will find a sportsbook will completely remove the vig on a specific bet, which manages to attract loads of online bettors to the site.
Promotional offers based around odds boosts are usually offered for a limited time only. They are often used by online sportsbooks to highlight a specific game or match occurring on the day when the promotion is available. Most odds boost promotions are specifically designed around an extremely popular match.
There are plenty of online betting sites that come equipped with odds boost promotions. You simply need to follow several renowned online sportsbooks via social media or regularly visit our site to unearth exclusive odds boost promotions on a specific game.
You are also more than welcome to create a special Twitter list where you can gather all online sportsbooks to receive special odds boost promotions from one central location which will give you an additional edge. This will also give you the opportunity to claim exclusive promotions and other betting tips and articles to further increase your chances of walking away with a decent profit.
Online sportsbooks are not overly fond of giving you an advantage when it comes to placing bets. Therefore, it’s difficult to determine whether an odds boost promotion is a good bet or a bad one. For instance, some odds boost promotions will only reduce the overall house edge for an online sports betting site, while others will offer 0% vig when it comes to wagering opportunities.
As a sports betting enthusiast, you will always search for a fair wager. The lower the vig is on a specific bet, the better your opportunities will be to make a profit. While this type of promotion can offer a fair betting opportunity, it still doesn’t mean it’s considered a good bet.
Complicated multi-event prop bets might be able to reduce the house edge of the sportsbook, but will increase the variance which makes it a difficult wager to win. Enhanced odds might reduce the house edge but due to the parameters of the wager, it might turn into a bad bet. You will need to study an odds boost bet to determine whether or not it’s a good bet.
It’s worth mentioning that a single odds boost wager won’t allow you to make a significant profit either. At the end of the day, it will all depend on the match and the odds boost bet. If it forms part of a prop bet, you’ll have a greater chance of making a decent profit as opposed to a single odds boost wager.
Enhanced odds can be divided into several categories, each offering a different type of promotion that will allow you to make a bigger profit than you initially anticipated. In this section, we will take an in-depth look at each category and explain the different types of odds boost you can take advantage of when they are presented by your favourite online sportsbook.
This offer is very popular among greyhound and horse racing events, but can also be present in other sporting events. It essentially guarantees the best price or odds on a particular market for an event, and is only available for a short time. It provides the best odds or price from a wide range of other online sportsbooks.
A good example will be a price promise that will guarantee the best odds on the next five football accumulators from a list of online sportsbooks. This type of offer is usually coupled with outright wagers in major competitions and tournaments as well.
This offer is straightforward and easy to understand. The odds on an entire market or specific betting line are enhanced for a limited time prior to the start of a sporting event. This can either be for the next 24 hours or perhaps 60 minutes before the sporting events gets underway. It all depends on the online sportsbook. You can essentially see a price boost or price rush as an enhanced odds offer that has an extremely short shelf life.
The latest trend that has surfaced from leading online sportsbooks is the ability to select your own wagers which you can price boost. Most odds boosts are restricted to a single wager or event, and all of them are usually controlled by the sportsbook itself.
However, once you have the power to boost your own odds, you will have far more control over the prices as opposed to the online sportsbook. For those that consider themselves to be online betting enthusiasts, this is undoubtedly the best way to earn long-term value when it comes to betting online.
This bet type is very similar to supermarkets and the way in which they match grocery prices with other supermarkets. It’s also very similar to a price promise. However, with this bet type you are essentially agreeing to match the best possible odds as opposed to beating them. This basically means an online sportsbook promises to match the best odds available from a wide range of other online sportsbooks.
This bet type is primarily available for horse racing events, but you will find enhanced place terms in a handful of other sporting events as well on rare occasions.
There are essentially two major forms of enhanced place terms.
The first is a boost in the number of places that will provide a payout for either a place bet or an each way bet. For instance, you will receive 4 places that will pay out as opposed to 3 places.
The second is basically a boost to the overall odds that were given to you. For instance, where you were initially going to receive a quarter of the odds, you will now receive a third of the odds when it comes to an each way bet.
These types of offers are targeted towards newly registered customers and only last for a limited time before they expire. If you ever come across these offers as a new player, make sure to grab them immediately as most of them are considered better than a welcome offer. This type of offer will give you an incredible boost on odds where existing players won’t receive the same treatment. For instance, let’s say Manchester City is playing against Brighton in the Premier League, which means the true odds for Man City will be below evens to win. As a new customer, you might receive odds like 7/1 on Man City after you register a new account.
These types of offers are quite rare to find online but you might come across them at several leading sportsbooks across the globe. As the name suggests, this type of bet will allow you to take advantage of enhanced double odds or even triple odds on a single bet placed. Some online sportsbooks will utilize these offers as a way to attract new customers to the site, while others will use them to maintain their current data base.
These are basically accumulators, consisting of multiple bets, that are presented with fixed odds. These are extremely popular among existing bettors to ensure continuous loyalty on a single sportsbook. Enhanced odds coupons are available almost everywhere online and will give you odds of 7/1 for West Ham, Tottenham, and Arsenal to win. The true odds on this event should be lower in the region of 4/1. These bet types truly place the odds in your favour if you interested in making an accumulator bet.
There are several ways in which you can profit from an odds boost when betting online. To give you an idea of how you can win, we included a list of ways that will surely help you become more profitable over the long run.
Before you decide to claim an enhanced odds promotion, or odds boost offer, we suggest reading the fine print on each of them to determine their value. Remember, there will also be a wide range of restrictions that are coupled with these offers, so it is definitely worth taking the time to read through the terms and conditions before you claim it. Some things to look out for include: