In addition to ‘money back’ promos, bookmakers also regularly offer odds boosts that we can use to our advantage.

There are a few different types of odds boosts that you will find:

1. ENHANCED PRICES

This is the type of odds boost that most people are familiar with, mainly because bookies love to let you know when they are offering them.

The concept is pretty simple. The bookie offers odds on a team/player/horse that are higher than the current market odds. Usually when they do this there will be a limit on the size of stake they will accept. Sometimes there will also be a limit on the number of bets they will accept at those odds.

In the example below, Ladbrokes boosted the odds on Winx to $2, with a maximum stake of $20. Winx was a huge favourite for the race, and most other bookies were offering $1.10-1.15.

If you had backed Winx for $20 at Ladbrokes, and laid $38.10 at Betfair at odds of 1.15, you would have been guaranteed to make $14.29 profit no matter what happened in the race.

2. EXTRA PROFITS

Another way that bookies can offer boosts is by adding an increased payout if the bet wins. The effect of this is exactly the same as offering an enhanced price, it is only the wording that is different. 

Rather than offering $2 on Winx, bookies may offer ‘Double winnings if your team wins’ or ‘a 50% profit boost if your selection wins’.

It’s possible that the bookies choose that kind of language on purpose. When phrased like that, it is less obvious to the regular punter that it is possible to guarantee a profit. Fortunately, our ‘Extra Profit‘ calculator makes it easy to work out the lay stake you need to lock-in a return.

Another way bookies can offer extra profit is via offers such as “get your stake back as a bonus bet if your dog wins”. In this case you can easily convert the potential bonus into an odds enhancement.

For example, if you usually convert your bonuses at 80%, an offer which gives you a bonus bet equal to your stake if the bet wins would be equivalent to an odds boost of 0.80 (e.g. odds of 2.00 would be boosted to 2.80). You can then use to simple back/lay calculator to work out the lay stake that you should use with the enhanced odds.

3. BOOST PRODUCTS

Most of the major bookmakers now offer some kind of boost product which a user can apply to an event of their choosing.

Each bookmaker has a unique name for it’s boost (Bet Boost, PowerPlay, SuperPick etc) but they all work in roughly the same way. The user adds their chosen selection to the betslip and then activates the boost to receive the enhanced odds.

Depending on the bookie, there may be restrictions on which sports the boost can be used on. There may also be a limit on the maximum stake or winnings, but often it is quite high.

For example, the TabTouch SuperPick has a maximum stake of $250. An experienced matched bettor, with a large Betfair balance, can use that to generate $30+ of guaranteed profit.

Most boost products can be used once per day, with extra boosts often being available on weekends.

A WORD OF WARNING

Odds boosts are an easy way to top up your profits, but you should be aware that excessive use of them – particularly boost products – will increase your chances of being gubbed.

If a bookie has other, more valuable, promos – such as ‘money back for 2nd or 3rd’ etc – we recommend limiting your use of their boost products.

On the lower value bookies you can boost away and grab that cash.