What is an Odds Boost? Well, online sportsbooks are continuously seeking innovative methods to attract new consumers by offering intriguing incentives such as deposit matches, risk-free bets, and odds-boosted bets. An odds boost bet essentially gives you better odds or a much sharper edge than you would normally have under normal betting scenarios.
It is important to understand that some books will boost bets on a regular basis while some reserve those incentives for big events like the Super Bowl, the World Series, or a NASCAR event. Sometimes they will even boost UFC events or boxing matches. It all depends on who is running the show and how much they want to either attract new business or keep their current customers happy and coming back for more.
All of the major online books offer odds boosts so make sure to look at BetMGM, DraftKings, FanDuel, BetRivers, SugarHouse, Bet365, UniBet, PointsBet, or whatever licensed online betting sites are in your state or jurisdiction. These odds boosts can pay handsome dividends so make sure to keep your eye out for them.
Imagine if you saw the odds boost that DraftKings was offering on the 2019 Masters tournament before the final round. At the time, Tiger Woods was stalking leader, Francesco Molinari, and was only two shots off the pace. DraftKings was dealing Tiger at +300 to win the tournament despite being two shots back.
And while getting the legendary Tiger Woods, winner of 14 majors before this one, at 3-1 odds was decent, it paled in comparison to the odds boost that DraftKings was poised to deliver. Whether you were a new or existing DK customer located in the state of New Jersey, you were eligible to receive a Tiger Woods odds boost to +1000 or 10-1. Now that’s a boost worth taking a chance on!
It should be noted that an odds boost doesn’t necessarily mean a guaranteed winner but it does mean much better odds or a better line than the standard. If you follow golf then you know that Tiger went on to overtake Molinari and win the 2019 Masters, his first major win since the 2008 U.S. Open. Many took advantage of DraftKings largesse as they paid out $2.5 million to their customers on that odds boost.
NFL Week 6 Odds Boosters
But that was going back a few years. How about some of the more recent odds boosts that you could have taken advantage of in the NFL’s Week 6? DraftKings boosted the odds on Dak Prescott’s passing yards of 350+ from +550 to +650. It’s not a huge boost and considering the Patriots had yet to allow 350 passing yards up to that point, it was more than a bit of a dicey proposition bet. Would the extra boost get you to bite? Well, if it did, then you were rewarded as Prescott eviscerated the New England secondary in the second half leading to a total of 445 passing yards and giving everyone who took the cheese, a nice reward of +650 on their money.
FanDuel had a Big Ben prop in Week 6 in which two elements had to be fulfilled for the bet, and the subsequent odds boost, to cash. First, the Steelers had to defeat the Seattle Seahawks, and second, Ben Roethlisberger had to have two or more passing touchdowns. It should be noted that Roethlisberger had only thrown two touchdowns in a game just once this season leading up to their Week 6 tilt with the Seahawks, and that occurred in Week 5 when he did so against the Broncos in Pittsburgh’s 27-19 victory.
The initial odds on this prop bet had FanDuel dealing +145 but the odds boost gave any interested bettors a +175 incentive to invest. Unfortunately, this odds boost was more like an odds trap as the Steelers won but Big Ben tossed only one touchdown pass. Hey, they can’t all be winners, right?!
Odds boosts are becoming all the rage so make sure to check out what your online sportsbook is offering. Some of these boosts can be quite lucrative but the key is to make sure you believe in the bet before making it. Getting the extra juice is great but there is no value in losing so make sure you think it through before you take the plunge.