You can find the Odds Boost Forum thread here.
What is a price boost or odds boost?
An odds boost is a great way to earn easy money with Matched Betting.
Different bookmakers sometimes use different names such as price boost, odds boost or enhanced odds.
It is a sure bet and only requires one back and one lay bet so you will get paid straight away.
A price boost or odds boost occurs when a bookmaker increases the odds on a specific bet.
Odds boosts are usually only valid for a specific time period.
During this period the odds for a specific bet are likely to be above market value. And this gives us the fantastic opportunity to secure risk free profit!
Are odds boosts the same as arbs or arbing?
Yes and no.
Odds boosts work in the same way as an arb. You only have to place one back and one lay bet to create a surebet and create instant profit.
However, there is one important difference.
The difference is that arbs occur due to misalignment in the market. This misalignment could be due to a bookmaker not updating their odds fast enough or that they have not taken certain information into account when setting the odds. For example if the star player of a team was injured, this could affect the odds. However, if a bookmaker was not yet aware of this fact, they may not have changed the odds to follow the market.
From a bookmaker’s perspective, an arb is an unwanted or unintentional mistake.
However, odds boosts are wanted or intentional increases of odds by a bookmaker to be above the market.
These odds boosts are often promoted as an offer. Bookmakers often pick outcomes that they believe are more unlikely to happen, and due to the increased odds, they hope to attract the money from gullible customers.
Make sure the back and lay bets are on the same market
It is very important to make sure you back and lay the same bet.
Below I will show you some examples.
In the above price boosts I have highlighted three bets.
The first boost is on the game between Holland and France. The odds are boosted or increased on the market Holland to win AND over 2,5 goals i.e. two outcomes must happen for the bet to win. First Holland has to win the game and there must be over 2,5 goals in the game. If Holland win 1-0 then the bet will lose as there were not enough goals. To lay this bet you must find the exact same market with your betting exchange.
The second boost is on the game between Brazil and Uruguay. Here the odds are boosted on Neymar as first goalscorer. This is an easy one to lay as you only have to lay Neymar as first goalscorer.
The last boost I want to highlight is the last one or number 5. This is the game between England and Croatia. The odds are boosted on England to win to nil. This means that England must win the game AND Croatia must not score. If England win 2-1 the bet is lost as Croatia scored a goal. Also, it is important to check here that you lay the same bet with your betting exchange, and not only e.g. England to win.
How to profit from oddsboosts?
There are two ways to ensure risk free profit from odds boosts.
For both methods you will need to use the DoppelWetten MB Calculator.
You will find the Calculator under Tools.
Method 1 – Regular lay
The first method is placing a regular Matched Bet.
You must place one back and one lay bet.
For this example let’s say a bookmaker increases the odds for Chelsea to win a game from 2,00 to 2,30.
Let’s say the lay odds with the betting exchange are 2,10.
Below you can see how to add the odds into the Calculator.
We enter the odds from the odds boost offer, i.e. 2,3, and the odds from the betting exchange, i.e. 2,1. We add the back commission of 5% to cover the bet tax. Finally, we change the lay commission to 1,7, as we are using Matchbook.
From this screenshot we can see that with these odds and a stake of €20 we can make a risk free profit of €0.62.
Method 2 – Underlay
The second method is using the underlaying method.
When using this method you have the opportunity to increase your profit if your odds boost bet wins. However, you will not lose any money if it doesn’t win.
For this example, let’s say a bookmaker increases the odds for Chelsea to win a game from 2,00 to 2,30.
Let’s say the lay odds with your betting exchange are 2,10.
Below you can see how to add the odds into the Calculator.
From this screenshot we can see that with these odds and a stake of €20 we can make a risk free profit of €1,18 if the back bet wins and you will not lose any money if the lay bet wins.
Final notes
In theory we could place a back bet of €100 or more to increase our profit.
However, the bookmakers often limit the amount you can stake on an odds boost. Placing a large bet will also increase the risk of being gubbed. If you normally only bet €10 at a time, it would look suspicious if all of a sudden you place €100.
Taking numerous price boost offers does come with a risk of getting your account gubbed. Please refer to the guide on account preservation for further information on gubbing.
Lastly, the profit from odds boosts may seem small but all the small amounts add up quickly and it is completely risk free.
Undoubtedly making profit from odds boosts should be in every Matched Bettor’s tool box.