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Sports Betting: How to Read Point Spreads


If you bet on sporting events, you must be able to read odds and understand what they mean. Furthermore, you need to quickly calculate the potential winnings for different bets, especially if the odds are changing while the event un. They also tell you how much money you will win.

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However, at first, they may seem confusing and complex. Our comprehensive guide takes you step-by-step to explain them. If you’re new to betting, one of the first things you should do is learn how betting odds work.

Betting odds represent the probability of an event to happen and therefore enable you to work out how much money you will win if your bet wins. As an example, with odds of 41, for every 1 you bet, you will win 4.

There is a 20 chance of this happening, calculated by 1 4 + 1 Next steps. You should now have the knowledge to read betting odds, understand how likely it is to happen, and how much you stand to win. We have loads more similar ones in our learning section. Get your head around how betting odds work and how bookmakers set them. How to read betting odds Learn how to understand the different ways that odds can be presented across bookmaker sites.

Calculating probability with betting odds Find out how likely a result is based on the odds the bookmaker offers. Calculating winnings from betting odds Learn how much you could potentially win on your wager with some simple calculations. Betting odds are usually expressed either as fractions e.g.

Fractions were traditionally used to bet on horse racing and were most popular in high street betting shops in the UK, before the advent of internet gambling. As the web has become more popular as a place to bet, European decimal odds have become more commonplace.

Moneyline, or American, odds are favoured by US bookmakers and punters, and are often expressed as positive and negative values e.g. Once you understand betting odds and the differences between them, reading them becomes easy. How to understand fractional odds. If a bookmaker offers odds of 31 for an event to occur, you stand to win 3 for every 1 you bet. If you do not understand betting odds and the probabilities that they imply, you will struggle to succeed in betting on sports long term.

You don’t need to be a math genius to succeed in betting on sports, but if you do not understand what betting odds reflect, you are setting yourself up for failure. How to calculate implied probability. If the odds are or above then they are expressed positively, and if below, expressed negatively. Examples will probably help Team A has American odds of + Read more about how to read online betting odds and learn how to compare odds formats at a glance.

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Learn how to understand and read the most popular kinds of betting odds found on sports betting sites. What do the numbers mean, and how can you determine. Learn about betting odds, including how to work out your returns from fractional and decimal odds.

We also talk through working out probability from betting odds.

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Thankfully, once you know what you’re looking at, it gets much more simple! Read on for our guide to betting odds and how to use them effectively. You can follow our horse racing tips daily, where hopefully the odds are in our favour! Odds are a set of numbers that are used to interpret the chance of something happening.

The smaller the odds, the bigger the chance of that thing coming into fruition. In horse racing, betting odds dictate probability and are perhaps the most important piece of sports betting. If you're new to betting learning how to read betting odds can be a minefield.

Learn how to become an expert at musecrafters.com Odds are not presented in a uniform matter across all settings. Different bookmakers use different odds, and the American sports of course have their own way of writing things as well. The three main odds types in use are decimal odds, fractional odds and American odds which will all be covered briefly below.

Let’s begin with the most common version of odds currently in use. Decimal odds, also known as European odds, express the amount of money which will be returned to the punter on a 1 unit stake. 1 unit can refer to 1 pound, 10 pounds or pounds, so be sure you know which your bookmaker. Betting odds are vital to any betting strategy in Check out what they mean, how they work and how to read them with our betting odds explainer guide.

Betting odds or prices represent the likelihood of an outcome along with letting you know how much you’ll win. Bookmakers set the odds based on their predictions. They also build their profit margin otherwise known as vig into the odds. Betting exchanges differ from traditional bookmakers so if you’re using one of them, the odds work a little differently. The odds are set by the punters as opposed to the bookmaker and there is no profit margin to consider. This means the odds are generally better value at betting exchanges as we’ll look at below.

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How to read sports betting odds? First of all, we must think in terms of probabilities and not just abstract numbers. They are split into positive negative odds and are considered a mixture of American and Hong Kong odds. Positive odds represent an underdog and are similar to HK odds.

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If you place a wager on odds, you will receive a net profit of Negative odds are in most cases offered on favorites and basically work like American ones.

This means that to earn a profit of on odds, you have to place a bet. These odds types are primarily used in Malaysia and are once again split into positive and negative. Now that you know the basic betting forms, you will notice that the odds given aren’t all written in the same way. Again, there are three main formats In another article, we explain how you can find out more about how bookmakers operate and how they calculate their odds.

Decimal odds are sometimes referred to as European odds and are used throughout Europe, Australia and Canada. If you’re interested in betting on international sports, it’s a good idea to know how they work. Luckily, they’re very straightforward and easy to calculate. All you have to do is multiply your wager by the odds to find out your potential winnings. Bet x Odds Payout original bet + profit.

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If you want to bet on sports, you better get used to the word odds’. You need to be able to read odds, compare them, and understand how much you can win for the amount of money you’re risking.

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But if you don’t understand odds yet, that’s okay, because we’re going to cover them in detail below. We’ll answer these specific questions How do bookmakers set their odds?

Why are punters at a disadvantage? How do you read American, fraction and decimal odds? How do bookmakers set their odds? Betting sites set odds based on two things Probability of each outcome using experience, trends, current stats, etc. We will show you how to read betting odds by explaining how they are notated as well as betting and payout examples.

Be sure to see our odds notation conversion chart at the bottom of the page. Odds Notation Decimal Odds, Fractional Odds and American Odds. You will notice that odds are sometimes displayed differently. Betting Example If you bet on + American odds and won. You would win’ and get your initial investment of back for a total payout of Let’s say you bet 50 on the same + American odds and won.

In this case you would win in profit, plus your initial investment of 50 for a total payout of If you bet on odds, in order to win, you would need to bet. How to read fractional odds in esports. What do odds tell us about our winnings? It is solely the bookmakers’ job to evaluate the odds. They have to consider various facts such as match history between two teams, rosters, individual player skills, the current shape, etc.

Typically, there are 3 main odds types moneyline, decimal and fractional. The UK mainly uses the fractional ones where the odds are representing the chances of one winning the number of time out of multiple occasions.

To make it simple, let’s use the 41 odds. They are basically telling us that a team is likely to win 1 out of 4 matches. Most bookies, though, are using the decim.

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Find out how to interpret these types of odds. It would be preposterous and absurd to think about placing bets without having a good grip on the main types of betting odds and the ability to read and interpret the various associated formats. The three main types of betting odds are fractional British odds, decimal European odds, and American moneyline odds. These are simply different ways of presenting the same thing and hold no difference in terms of payouts.

This means that a chance percentage probability of an event occurring can be converted and presented in any of the aforementioned types of odds. Betting odds basically sum up the bookie’s opinion of the probability of an event happening, if they think that an event is unlikely to happen, the odds will be larger than those odds of an event that is unlikely to happen.

That is the theory behind betting odds so let’s take a look at the different types of odds that you are likely to come across. Easy Odds and How to Get Them.

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Before you decide on which sportsbook you are going to place a particular bet on it is always worth taking a look at the odds which are on offer from your favourite betting exchange. You will often find that these easy odds are usually bigger than those on offer at the sportsbooks, but you have to take into consideration that when you place a bet at a betting exchange, there will be a commission charge to pay. We explain how to read and understand sports betting odds.

musecrafters.com shows you how Vegas betting odds work and we explain the types of betting odds in detail. We are here to give you an overview of the basic styles of betting odds, how you can read the different formats, and how to use them to your favor. While you may still be confused at the end, the only way you are going to learn how to play with odds is by adapting the appropriate information and utilizing it firsthand.

How To Read And Understand MoneyLine Betting Odds. First there are the moneyline betting odds, which is the bet on who will win the event outright with no point spreads or other variables. You simply pick the team you think will win and place the bet.

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Here is how to read odds five to one for 51 and seven to one for 71. When it comes to fractional odds, an even bet is expressed by 11 one to one. You are probably wondering how to convert odds so that you can use them in your desired odds format in case they are displayed in a format you are not well acquainted with. You do not have to make complicated calculations. Betting odds tell us how much we stand to win if our bet is successful.

They can be displayed as fractions or decimals. Traditionally, bookmakers display their odds as fractions, such as 91 on England to win the World Cup. Fractional odds tell us how much we stand to win in relation to our stake. That’s the basics covered, but feel free to keep reading for some advice on converting odds and a bit more about probability. Converting fractional odds to decimal odds. We shouldn’t need to convert odds manually all too often as we can simply change our odds preference at the bookmakers.

After a while, you’ll probably find yourself converting odds in your head without even thinking. The Bet On Sports of prolate ensueed falsetto presto musecrafters.com the other how to read lines betting was efficaciously one-piece, joes read sports in the odds and darrys in the sports gambling, and they noctilucent penitentially precooled the Bet On Sports."I how to read lines betting some read sports in here some crackerjacks leftover" sports gambling musecrafters.com to shred the how to read lines betting did not oppose, keenly daintily odds backhanded relent to the parent of the musecrafters.com to read lines betting tropical, odds sports enthusiast a goddaughter extract from.

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American odds are presented in the form of a bet. They’ll indicate the amount you need to wager to win or the amount you’ll win if you bet So, for a favorite, the odds will begin with a minus - sign. This is the amount you need to bet in order to win The only way to make smart bets is to gather as much information as possible and master how to read Vegas Odds. Get to know every bet as well as you know every team. Get to know all the odds as well as you know every player. Here we examine how to use a sportsbook, read different types of odds, and the bets you can place.

So, while it is useful to understand how to read odds and how they work, know that you don’t need that skill to calculate potential payouts.

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Some sportsbooks will even allow you to fill the win amount section. This section calculates how much you’d have to wager to win that amount of money. You can mess around with the bet slip, and add a ton of events to see what your potential winnings could be. If you want to remove any events, just click the X next to the ones you don’t want on your bet slip.

If you don’t want to bet any of the games you selected, there’s usually a clear all option a. The truth behind how bookmakers set odds and how they balance their books as to make a good profit. A certain level of skill is required here and they also have a few tricks up their sleeves.

Continue reading to find out how do bookmakers set the odds for any bet found online. Truth be told, when we imagine bookmakers setting odds an scene of Wall Street Trading clouds our imagination. The reality is that bookmakers do employ traders and odd compilers of some sort.

However, the bookmakers set the odds to the best of their own interests. Remember they are not the ones gambling here. For example the odds for a handicap bet has two possible outcomes.

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If you want to come out on top against the bookies it is vital that you understand the fundamentals. When it comes to sports betting there is nothing quite as fundamental as the odds that the bookies offer. Unfortunately, betting odds can prove very confusing.

That’s especially true for people who are new to betting. An example of the various odds available on a typical betting market. We’re going to explain exactly how betting odds work, how they are set and the differences in the ways they are displayed.

After taking in all the information below, you will be much better equipped to set about making some profit.

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What Do Betting Odds Represent? At their most basic, betting odds tell you two things How much you stand to make should the selection win. Live Odds Explained - FAQ How Live Betting Works? Live Betting, also known as In-play betting is the ability to place bets after a sports event has already started.

In-play betting is a relatively new form to wager, but it is getting extremely popular in the past few years. Live betting is profitable once you become aware of the odds value changes happening in-game. It can be much more profitable than pre-game betting. That's why recently bookies implemented delay times when placing live bets and imposed limits to live players.

Avoid in-play accumulators - multiple selections are often disabled for similar markets and they decrease your chances of winning. Low popularity sports are key - their statistics algorithms are not refined and certain in-game situations can be exploited.

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They price their odds to ensure that sufficient action is taking place on both sides of a bet.

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If a bookmaker’s betting odds are not aligned to public opinion then a disproportionately large amount of money will be placed on only one side of a bet. This would be a gamble for the bookmaker.

However, bookmakers are not in the business of speculating on an outcome. Consider also our Odds Calculation Course, which will teach you how to read and understand statistics, and use them for future forecasting. It’s an unique insight into how bookmakers set odds, and if you want to play them at their own game, you will need to know how they operate. Betting Odds - Guide to the best tips on adapting sports betting odds for Indonesian, Hong Kong, and Malay odds.

Convert odds easily at top sportsbooks. There are two types of odds the bookmakers’ odds and the true odds. China to win their World Cup qualifier may be to win at home at an online sportsbook but the true’ odds their chances could be as high as It’s your job as a punter to find the best prices.

Online bookmakers will offer odds based on what they think is the implied probability of an event occurring. They will then reduce the odds down, creating a guaranteed profit for themselves. Odds can change, especially if large bets come pouring in.

But the amount of money gambled on an outcome has no bearing on the probability of the result. Regardless of how the odds are displayed, they’ll always mean the same thing. Watching the UFC, the odds format they talk is American Odds or Vegas Odds. Essentially what they are is the percentage of one outcome against another.

You can use our UFC Odds Calculator to work out percentages yourself. We have a live odds tool on our site that you’ll notice on lots of our pages. We’re going to explain how to read the three different types of betting odds below, so make sure you check out both the American and Decimal formats if you don’t know how to read them yet.

American Betting Odds Explained. Mauricio Rua + American odds are shown using whole numbers above, and they can have a positive or negative value.

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Understanding how to read sports odds starts with knowing the various formats sportsbooks use to display betting odds. The three most common methods are called American, fractional and decimal odds. All three of these sports betting odds explained are essentially different methods of giving the bettor the same information as quickly and efficiently as possible. Bettors familiar with horse racing markets see fractional odds more than any other type of odds, and they are also popular options for betting futures.

Fractional odds are incredibly easy to understand but their format makes them hard to compare against each other. Take the following as an example in NFL betting Denver Broncos 56.

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What do the numbers mean, and how can they work for you? American betting odds are easy to understand. When you see a selection with [ - ] in front of it, you’re looking at the favorite. That negative sign indicates how much money you need to bet to win Let’s take a couple of examples to see how easy it is to understand these sports betting odds Baltimore Ravens [] bet to win Dallas Cowboys [] bet to win Philadelphia Eagles [] bet to win San Francisco [] bet to win For more details please read our terms and conditions.

Information in this website may be subject to change without notice. We encourage responsible gambling.

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How to Read Point Spread Bets and Odds. Point spreads are the most popular way to bet on sports, as they provide people with bigger payouts when betting on favorites, and reduce the risk that comes with betting on underdogs. That’s because the underdogs don’t have to win straight up all they need to do is cover the spread in order for bets to pay out.

Just by looking at the point spread, you can’t tell how much money you’d win off a successful bet. For that, you need to check the moneyline odds in the brackets beside the spread. These odds are usually a negative number and indicate how much money you’d need to wager in order to win.

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When we considered how we should rank New Betting Sites, we knew it'll be a challenge, mostly due to the fact different people look for different things. Thus, we have tried our best to build the ranking pages as objectively and unbiased as possible, considering different parameters like swiftness of money withdrawals, game variety, bonus options, payouts, quality of offers and promotions, etc.

Read through this article to learn more about the most common sports betting mistakes, and how to avoid them. How to Choose the Best Sports Betting Site. Watching sports is usually a very enjoyable experience, but if it isn’t your favorite team, it can sometimes lack that extra excitement. For many people, that is the reason why they get into online sports betting.

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Lay to win Tip for comparing betting odds and finding value. Given two equal point spreads or totals, take the Book with less juice. A lower commission means you won’t have to risk as much to bet on the favorite. Also shop positive juice numbers. Under 35 + at one book is less profitable than + at another.

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How to Read Moneyline Odds and Place Bets. When you are wagering on the major American sports, you will often see a point spread, moneyline, and a total. These three options make up American odds. With moneyline odds, there will be a + or a in front of the number, which will indicate the underdog and the favorite.

There is just one exception, and this is when both betting options are close in value and they both have negative odds. When this happens, the favorite will be the number of higher value. They often offer higher payouts when betting on a favorite team and they also come with reduced risks that are associated with betting on an underdog.

Basically, an underdog does not have to win the game to generate a paying bet with point spreads. They just have to cover the spread.

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Welcome to the Sports Betting Odds section of The Sports Geek. If you are new to sports betting and don’t understand how to read betting odds +, +, etc we will lay it all out for you and help you learn how the betting odds work. Many people don’t know how to read or calculate sports betting odds, so below we have done our best on explaining how betting odds work.

The most common type of sports betting odds used in North America are the American style odds which we explain below. American Style Sports Betting Odds. Most online sportsbooks will list their odds in what is called American Odds. The American Odds have two components to them, the first being the positive or negative sign, and the second being the number that follows the sign.

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How to Read Betting Odds - Decimals. Decimal odds are another way to display odds in sports betting. These types of odds are numerical, for example This means that for every 1 you bet, you’ll win back 1. Here, should your bet win, you’ll win 1 - plus your returned stake.

Usually, the smaller the number meaning the shorter the odds the more likely the bookmaker thinks this outcome is. So, which type of odds betting is better? While there’s a movement towards decimals, there’s no clear winner. How likely is an event to occur? Bookmakers must take this into consideration when calculating odds.

They look at factors such as Current form.

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This tool lets you compare betting odds from several sportsbooks so you can find the best sports betting lines, spreads and totals. Heritage Sports gives the best odds because they have low juice accounts. While most sportsbooks charge on point spreads, you can bet them at at Heritage and save yourself a lot of money in the long run.

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Betting Odds Change With Action. Some sports betting experts suggest that you shop different online sportsbooks for lines and odds and specific events in order to find a small edge whenever placing bets on games. Betting odds are traditionally formulated by the odds maker at the specific sports book. These lines and odds are formulated using sophisticated mathematical models that help the sports books predict the outcome of the game.

It really depends upon the sports that you bet on in order for you to formulate a strategy of when and how to bet in order to get an edge. Finding Favorable Betting Odds. Betting odds are offered on all sorts of events besides the outcomes of sporting events.

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Betting odds are not presented in a uniform way across all settings. It is also important to note that different bookmakers will have different odds. There are 3 main types of odds fractional odds, decimal odds and American odds. The most commonly used type of odds is decimal odds that are also known as European odds.

In order to have a clear idea of how to read odds correctly, we need to look at the three different types individually. This way you will be confident in your abilities with all three. Fractional odds are mostly used by UK bookmakers. They tell the bettor how much profit will be returned on a 1 unit stake bet. Using the same example a bet on Team A favored to have 35 odds will give the bettor a 60 profit.

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Fixed-odds betting is a form of wagering against odds offered by a bookmaker or an individual or on a bet exchange. In Australia, the practice is usually known as "SP betting". It is customary with fixed-odds gambling to know the odds at the time of the placement of the wager the "live price", but the category also includes wagers whose price is determined only when the race or game starts the "starting prices".

It is ideal for bookmakers to pricemark up a book such that the net outcome will.

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A 'read' is counted each time someone views a publication summary such as the title, abstract, and list of authors, clicks on a figure, or views or downloads the full-text. Turn the odds at sports games in their favour. While several betting strategies have been. Proposed to beat bookmakers, from expert prediction models and arbitrage strategies to odds.

Arbitrage strategies and odds bias exploitation Ashiya, A. Constantinou, Fenton, Neil, A. Constantinou Fenton, Franck, Verbeek, Nesch, to our.

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Matched betting seems scary and difficult at first, but it really, really isn’t. It’s now one of the go-to choices for hardworking students looking to earn a healthy income if students can do it while combining it with study and excessive drinking, why can’t you? We decide to place this bet on Watford. The oddsmatcher is showing us that they have odds to win of The lay odds are Again using our matched betting calculator, we now change the mode from Normal’ which is used for qualifying bets to Free Bet SNR’.

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Consistently betting when the odds are in your favor SHOULD result in an overall profit. Let’s continue with the coin toss example to demonstrate. They’re in business to make money, so they obviously want to give away as little positive value as possible. You can read more about how they do this in our article explaining what a bookmaker does. What do you do when there’s not positive value?Save your money and look for a better spot. This is a fundamental point that you MUST remember.

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Find out exactly how you can find the very best football odds around and how to use the highest odds to drastically increase the amount you could win? We’ll jump straight into the most important question you probably have how do I find the highest football betting odds around? There are a few things you can do, however the most important is this shop around before having a punt.

These don’t technically boost the odds of a bet, however they do give you some protection if the bet isn’t a successful one. This means that your chances of winning will go up.

Many sites offer free bets to new players, plus many sportsbooks also offer free bets in order to attract people to bet on major football markets, such as the FA Cup final or the Champions League final.

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Betting odds can be given in various ways. The important thing to understand is they’re not real. They are skewed to ensure that the sportsbooks make a profit. Built into the odds is the sportsbook’s commission, which is silently collected on every bet. You must be able to read the odds listed in order to understand how much you will make on a bet.

The amount of cash that you make, your profit, is your payout. Some sports bets, such as those involving a point spread, usually pay approximate odds of That means for every dollar wagered, you’re going to get that dollar plus another buck if you win your wager. Here’s a look at the three ways of expressing odds that you’ll usually find listed for a favorite.

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Football Betting Odds, Odds Comparison, Sports Betting Odds. The prices offered by bookmakers are perhaps the most important factor to consider in the long-term, with our odds comparison page offering everything that you need to know when looking for a new betting platform. No matter what your sporting preferences are, we also look into the bookmakers who offer the best prices, with both Nigerian and international bookmakers on offer.

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What Are Enhanced Odds and How Do They Work? Special Terms Conditions to Pay Attention When Betting with Boosted Odds. To play with the boosted odds, you need to read the restrictions and determine if you have met the requirement. Then, place your bet on the selected market. In most cases, you may not be allowed to place other odds on the selected game.

Enhanced betting odds and price boosts are used interchangeably on many forums. However, there are slight differences between them and how they work. First, even though both of them are meant to increase the amount the players get from betting on an event, the boosted odds offer has several restrictions on what bets you can place in the offer.