What are Boosted Odds? Everything you need to know!

Indeed, there are a number of different ways in which this can be achieved, although one of the most popular ways is via promotions and bonuses such as boosted odds.

Whilst it would seem rather easy to infer what boosted odds mean, it is still worth checking out what they mean and knowing how they can help a sports bettor enjoy a potentially top experience.

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What are boosted odds?

As many will have been able to establish from the name, boosted odds are simply where the odds that have been provided have been made better and potentially more attractive to bettors. Indeed, the main aim regarding this promotional tool for sportsbooks is to get more people placing bets with them.

A typical way that a boosted odd will be offered is by increasing the payout that is available on a particular betting market, thus providing bettors with the opportunity to win more money than they would have initially. Although the odds will move in the punter's favor, they will still remain rather favorable to the sportsbook, as well, as they will simply give up the potential house edge that they have and provide the 'true odds' of an event actually occurring instead.

Types of boosted odds

Finding boosted odds can be a rather easy task as many sportsbooks and bookmakers such as Unibet Sports will highlight them in promotional branding on a regular basis, although finding the best type of odds boost can be the challenging aspect.

Nonetheless, there are plenty of them around, with many different categories of bets being offered that allow punters to be able to obtain a bigger profit than they initially would have been able to.

Price Promise

A Price Promise is one such market where boosted odds will have been found and used, as these will essentially guarantee that punters who win will be able to get the best odds or price on any particular market across a range of different sportsbooks. This offer can usually be found on racing events such as greyhounds and horse racing, but can be available for almost any sport.

Price Boost

Rather straightforward, a price boost is where the odds on an entire market are given a price boost for a period of time, depending on what the sporting event is.

Boost Your Own Odds

One of the biggest trends that is available in the online sports betting world is the ability to boost your own odds. Whilst most odds boosts will be restricted to what they can be used on by sportsbooks, they are controlled by the actual operator, thus allowing users to have some control over what they can receive.

Price Matching

Again, one of the most simple and straightforward types of boosted odds available, price matching will see bets be matched to those that are the best within the market as a sportsbook will promise to match the odds that are made available elsewhere if they do not already offer the best odds to begin with.

Enhanced Place Terms

Although generally available for racing events, enhanced place terms are another type of boosted odds that are available, as these will generally see the odds be increased and more favorable to punters. For instance, one such way boosted odds have been provided is by the use of the number of places that will be paid out in a race, such as the first four instead of the first three when on an each-way bet.

Are boosted odds a good bet?

With sportsbooks and bookmakers offering boosted odds, there may be some that wonder whether they can be a good bet, as everyone knows that the operators do not want to lose money.

Of course, with any bet, it is rather difficult to know whether any bet can be considered 'good', however it should be noted that they do provide bettors with the chance to potentially turn a bigger profit than they would have initially expected to receive if they were not provided with an enhancement.

David Pac

Update 27 March 2021