How to Convert a Profit Boost
Bet Finder Introduction
If you are new to using Bet Finders on DarkHorse Odds start by reading our Tools and Features guides to learn how to use all the available features such as filters and editing your Bet Slip.
Key Takeaways
- Profit Boosts increase your payout on a winning bet
- The Profit Boost percentage varies for each promotion
- You need to identify if the profit boost has a maximum additional winnings
- Odds boosts and profit boosts are different
- The most popular Odds Boosts are on FanDuel and DraftKings
- Use the Profit Boost Bet Finder on DarkHorse Odds to convert
- Start your free trial today
What is a Profit Boost?
A profit boost is when a sports book adds a percentage to your winnings. Virtually every sports book including FanDuel and DraftKings has some sort of profit boost offer.
Profit Boosts have set criteria, such as a 50% boost on a $100 bet with maximum additional winnings of $250. With profit boosts, you can make bets that were not originally arbitrage into a bet that is arbitrage. This guarantees a profit.
For example, if you use a 50% profit boost on a line that is +100, the boosted odds become +150. If the opposing team on another book is -125 you took a game that was not arbitrage and made it into one.
What is an Odds Boost?
Odds boosts are better (Also known as "boosted") odds on a specific wager. For example Joel Embiid over 24.5 points might be boosted from -110 to +110. These odds boosts could apply to a whole variety of betting markets money lines, spreads, or totals (over/under). Just like profit boosts, every sportsbook has different odds boost offers. The most popular odds boost offers are generally from FanDuel and DraftKings. An odds boost offered today, will most likely not be the same odds boost offered tomorrow...These offers generally change daily.
Remember that these odds boosts are designed to be in the bettors favor and are meant to be taken advantage of, but it's important to evaluate each odds boost offer to make sure it's right for you and your specific strategy.
Difference Between Profit Boost And Odds Boost
Both types of boosts have grown in popularity in the past few years.
Typically, the main difference between a profit boost and an odds boost is what kind of bets you can use them on.
Odds boosts are generally limited to specific kind of bets such as parlays or player props (Generally, the player props can be pretty exaggerated. For example, a certain basketball player scoring 50 points and their team winning.) whereas profit boosts are given to a user to use at anytime on any bet.
Due to the complexity of these maneuvers, odds boosts have higher payouts, but due to the flexibility of profit boosts, we much prefer taking advantage of a profit boost.
Converting Profit Boosts
Enter the Profit Boost Criteria
Select the Profit Boost Finder.
In all of our guides, we filter to “Main Lines Only” as a way to avoid limits. Limits will greatly reduce your long-term earnings potential. Learn the best practices on avoiding sportsbook limits in our Don't Get Limited guide. You can apply this by selecting Filters -> Main Lines Only. This is not required but highly recommended.
This sets Market Type to Money Line, Spread, and Total. It also sets Market Segment to Full Game+ and Full Game.
Select Your Matched Bet
After selecting the sportsbook you have the Profit Boost with. Then enter the max bet amount, profit boost percent, and max extra winnings. You can then select the matched bet that best fits your needs. The example below shows a 50% Profit Boost on DraftKings with a max bet of $100, and max extra winnings of $250.
Place Your Matched Bet
After selecting the bet you want, viewing the bet slip provides all the details needed to properly hedge ensuring maximum profit. In this example, on DraftKings you would place the $100 Profit Boost on the Red Wings moneyline with original odds of +235 boosted to +353. Then you would place a Hedge Bet on Bally or Elite of $321 on the Flames moneyline at -245. Either outcome gives you a profit of $31.
Outcome Explanation
Clicking the information icon on the bet slip above displays further details explaining exactly how you profit $31 no matter the outcome of the event.