Profit boosts and odds boosts are two of the most commonly offered types of bonuses at US sportsbooks, and they are a big part of the appeal for many. However, it is difficult to figure out when and how to use these boosts, you don’t want to miss out on a good opportunity, especially when it can give you the much needed extra value on your bet.
Betting tools can help you determine the value of the boost, and where they are best applied, and where they shouldn’t be used. For a complete analysis of the boost, it is ideal to have a tool that can shop lines at different books, devig odds, calculate EV, possibly also track line movements, and optimize your stake size according to the boost available.
There are many ways to assess value in profit and odds boosts, and while some tools offer boost analytics and Check A Bet types of features, these are not strictly necessary for simply finding out how to optimize a boost.
Profit Boosts vs Odds Boosts
But before we go into the strategies, let’s quickly define profit and odds boosts, because they are not the same.
- Profit Boosts: A token you can apply to a bet of your making, which will extend the returns
- Odds Boosts: A bet that is selected by the sportsbook, which is offered at a better price
Profit boosts are the more valuable type of bonus here, as you have the flexibility to use the token on any bet of your choosing. That is, so long as it meets the requirements for the boost. The typical profit boost policy at sportsbooks includes minimum odds limits, caps on the part of the stake that can be boosted (odds boost on wagers up to $20, for example), and they may have restrictions on certain types of bets, like live wagers, parlays or props.
Sportsbooks try to make these boosts as attractive as possible. They may allow you to place profit boosts on parlays, but may cap the max winnings from the boosted part of your bet. Or, if your profit boost applies to bets up to $50, then you can always place a $100 bet, but only half ($50) of the bet will get the boosted odds.
Profit Boost Betting Software:
- EV+ calculations
- SGP & parlay optimizers
- line movement trackers
- bankroll management
- stake optimizers
Odds boosts, on the other hand, are bets that are created by the sportsbook, to sell to you. They can be straight bets, parlays, SGPs, or any type of wager that the sportsbook wants. The conditions you have to be aware of here are the stake size limits, or if there are any win caps on the combo bet. There’s a lot less hassle, but these are bets that are not designed by you, so they may include niche markets or conditions that are not to your liking.
Odds Boost Betting Software:
- Bet checkers
- devigged odds and sharp books
- EV+
- SGP optimizers
- bankroll management
- stake optimizers
Needless to say, sportsbooks don’t allow you to stack bonuses on the same bets. You can’t place a profit boost on a bet with boosted odds, or use any bonus bets in conjunction with your profit boosts or odds boost offers.
Odds Boost Analytics With Betting Tools
Starting with odds boost optimization tools, the goal here is to find out whether any boosted odds offers are worth taking up or not. They are a pretty polarizing type of offer – some bettors never touch them because they think the books have purposely selected combos that can’t hit – whereas other bettors may just see the boost, getting carried away and rushing to stake the seemingly unmissable bet.
Instead of those approaches, betting tools devig the betting odds, give you estimated hit rate possibilities, and give you an accurate EV+ assessment. Line shoppers show you the going prices for these types of bets. And with premade parlay odds boosts – you better have a parlay builder.
The best parlay builders can spot weak links and run correlation analysis on the different picks – so you don’t just compare the combo bets by individual wager risk, but also the combined risks and probabilities. Another key software is Bet Checkers. You enter the bet information, and then the software checks whether this is a well priced bet or not – based on market averages.
Optimizing Profit Boosts with Tools
Profit boosts are more flexible and therefore more valuable for your sports bets. You can crank up the potential profits on any bet you make, but you don’t want to place it on just any bet. After all, you have to win the bet to secure the extra returns, but at the same time, the longer the odds, the better the profit boost.
A 50% boost placed on a $10 bet @ +100 comes up to an extra $5 added to the $10 profit + you get your $10 stake back. That is, $25 instead of $20.
But if those odds were @ +200, then you get $10 added to your $20 profit, and your $10 back. So $40 instead of $30. The boosts are more impactful when you assign them to longer odds wagers.
If you are boosting straight bets, then look for EV tools, line movement trackers, and potentially CLV tools. Find the best wagers for their risk to reward ratio, and you can amplify those.
Profit boosts are most commonly attached to parlay bets – some even have conditions that have minimum odds or even minimum parlay legs requirements. For boosting parlays, EV, CLV and line movement trackers are important. But you also need that valuable parlay correlation data to help work out which picks work best together.
Best Sportsbooks for Boosts
While most sportsbooks offer boosts in one form or another, there is a massive gulf in quality between the best sportsbooks and average betting platforms. When looking for boosts, you have to consider the:
- Max. win/stake of given boosts
- Frequency of boosts
- Type of boost sportsbook favors (profit vs odds boost)
- Sports/betting market/bet type conditions or restrictions
Odds boosts tend to be provided more frequently – even on a daily basis at some sportsbooks. Both types of boosts tend to have max win or max stake caps, both of which restrict how much you can potentially win with the boosts. And be sure to check whether the boosts are tied to specific games, or require you to place certain kinds of bets, like props on a specific player.
Profit Boost Sportsbooks
These sportsbooks tend to give out more profit boost tokens than odds boosts. You can typically expect boosts when big sports games approach, such as playoffs games or games between major teams.
Just be sure to keep your notifications on, and check in on the Promotions page every once in a while to catch every profit boost as it comes. DraftKings and FanDuel are more associated with bonus bet and no sweat bet offers, though they dish out profit boosts every now and again. Fanatics Sportsbook’s main promo is its FanCash loyalty program, but it also has a great range of odds boosts and profit boosts to offer.
Odds Boost Sportsbooks
Sportsbooks that offer odds boosts tend to supply a fresh batch of new offers every day. These can include straight bets and/or premade parlay boosted odds wagers. Though you cannot modify or combine these odds boost wagers in parlays.
However, the best sportsbooks for odds boosts tend to give you a variety of boosts to pick from, so you aren’t stuck with a handful of long shots or obscure wagers.
Caesars Sportsbook has new odds boosts every day, covering everything from SGP combos to hyped up player prop boosts. They don’t pick arbitrary bets, but a lot of the boosted odds offers are given to bets that are in high demand.
BetMGM, like Caesars, has regular promos like profit boosts, bonus bets and a loyalty program. The latter offers a wide variety of perks to users, rewarding high volume bettors as well as long term members.
Boost Associated Strategies
You don’t need to view boosts as a one-off higher value bet, or a means to stretch out the occasional wager. There are many strategies honed around finding, utilizing, and capitalizing on these offers. Bettors who focus on boosts tend to sign up at more sportsbooks, to get as many boosts as possible, and use these as the foundation of their betting systems.
Odds Boost Hedged Bets
Odds boosts give you wagers with better value, often with very little juice, as sportsbooks try to sell of these wagers. For a hedged bettor, it gives you an excellent point of reference to start your arbitrage bets. The first thing you have to do is compare the boosted odds wager to the market averages – is this really a good offer, or did the sportsbook misprice the wager and claim the boost by adjusting it to the market average? When you have a proper odds boost, with juice set at 1% or less, it can open the arbitrage betting opportunities.
You can find the contrasting line prices at other books, and hopefully find an outlier that can give a higher ROI. Of course, the odds boost may come with stake or win cap restrictions, so you can’t just pump it with a large stake. But it doesn’t really need to – so long as you get new odds boosts every day and the right hedged betting lines from other books, you can build a pretty consistent hedged betting strategy.
Longshot Parlay Profit Boosts
The longer the odds, the more effective the profit boost. With a 100% boost, consider this: a bet with odds of -110 cranks up to +182. But if you apply that same boost to odds of +300 and you get +600 odds. Just from the boosted parts alone, on a $10 wager you are looking at +$19.09 (-110 starting odds) against +$30 (+300 starting odds).
Bettors with higher risk tolerance, and who expect higher volatility in their results, can max out these profit boosts with longer odds wagers. Statistically speaking, your chances of winning each bet are much lower, but if you can win one every so often, you either break even or land onto the green. Let’s say you build parlays aiming for the +400 odds range. The implied probability of the bet winning is 20%, as determined by the odds. You apply, on average, a 50% boost to those odds to get +600. You still have, on paper, as 20% chance of winning the bet. But say you wager $100 each time, if you win 1 out of every 5 bets, you are making $700 totals returns vs $500 total staked.
And, in that example, we haven’t even assumed you are picking higher EV+ bets and using parlay optimizers. These would increase the probability all the more – as you are making smarter bets using higher value wagers. So you don’t need to win most of your bets, quite the contrary, winning one out of every 4, 5, or 6 can do the trick.
Risk Mitigation with Boosts
True value, or EV, is a must for risk mitigation. You are approaching the bets from the bottom down, looking at the risk to reward value, and gauging whether or not it is worth placing the bet. And even then, you size your betting stake depending on the value.
With boosts, you can squeeze out better returns on these high EV+ bets, and thus increase your mathematical edge over your sportsbook. The goal is to keep the edge working in your favor, so in the long run, you should come out on top.
Devigging the odds and looking for the best odds can be optimized through betting tools. But you are focusing on those boosted odds offers, and prioritizing books where you have profit boost tokens. This way, you can tip the edge even more to your favor.
Tips for Using Boost Tools
Generally, EV+ and line shopping tools are ideal for optimizing boosts. But if you are planning to hedge bets, then you can also look for tools that have arbitrage betting pairings or matched betting strategies. On the latter – some matched betting tools have promo finder features – but these generally locate bonus bet offers and don’t have boost finders.
Bankroll optimizers can help you track your progress, and the best ones encompass EV averages for valuable insights into your previous bets. If you are using multiple books, be sure to track them on the bankroll management software, as it helps you spread your bankroll and keep a sustainable strategy.
Be careful of gubbing. When you win too often with boosts or bonuses, some sportsbooks may limit your account. They have the right to do so – it is in their terms and conditions. So don’t take every single boosted odds or profit boost offer, if you are signed up to multiple books, pick boosts from different sites to diversify and avoid getting restricted from any sportsbook.
Choosing Boost Analytic Tools
Betting tools rarely have a dedicated “boost optimizer” software. Instead, you have to check for line shopping, EV, CLV, arbitrage, and odds movement trackers, depending on how you plan to use the boosts. All betting tools have their own algorithms and formula for calculating EV, so the picks may vary heavily depending on which tool you use. It is best to test out a few to get an idea of how they work, and where their strengths lie.
You can learn more about any betting tool through our reviews, where we detail first hand reports about how the tools work and what they can do. When you find a tool that meets your requirements, be sure to sign up through our links and copy paste our promo codes (where applicable). This should give you either a free trial of the tool or a discounted first subscription – which is ample time to run tests yourself and see whether the tool fits the bill or not.
