Good Betting Odds

  1. An odds boost is a promotional offering from an online sportsbook that enhances the odds of a particular bet. Are Odds Boost Bets Good Value? Some odds boost bets are great value while others you should probably avoid. Doing a little research can help you determine if they are a good bet.
  2. Betting odds allow you to calculate how much money you will win if you make a bet. Let’s use the same examples as before, with the same replacement of numbers for letters, i.e. 4/1 becomes A/B. Quite simply, for every value of B that you bet, you will win A, plus the return of your stake. 9/1 for every £1 you bet, you will win £9.

An odds boost is a promotional offering from an online sportsbook that enhances the odds of a particular bet. Are Odds Boost Bets Good Value? Some odds boost bets are great value while others you should probably avoid. Doing a little research can help you determine if they are a good bet. What Legal Online Sportsbooks Offer Boosed Bets?

Most people who want to place bets on sports are fans to begin with. It isn’t unheard of for a gambler to place some sports bets, especially during big games like the Super Bowl or the NCAA basketball Final Four, but for the most part, sports bettors are sports fans looking to use their knowledge of a game or of a game’s players to earn a little extra cash. Being a fan of a particular sport, a team, a college or professional squad—these are all precursors to placing sports bet. Sports betting is also a way for a fan to get in on the action of the game, with something more than self-respect at stake.

All gambling is mathematics, even games of chance. If you understand the math behind the game, you understand the game and can give yourself an advantage. For many games, like penny slots or poorly placed roulette bets, are so bad that smart bettors earn their advantage by avoiding them altogether. In sports betting, the math is more complicated. Depending on your favorite sport, you may need to think about things like bye weeks, underdogs, quarterback ratings, and injuries with the same fervor other connoisseurs reserve for fancy winces.

So how difficult is sports betting math? The math behind placing a winning bet is fairly complicated, but the way to stay ahead of the bookmaker is rather straightforward. If you collect on 52.4% of your bets, you’ll break even. We’ll have more details on that number later, including why it takes more than 50% wins to break even, but first some general knowledge about sports gambling and the numbers behind it.

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Sports Betting Basics

The easiest way to demonstrate the math behind a sports bet is to make up an example. Let’s say you and your buddy walk into a casino, each with $200 burning a hole in your pocket. There’s a big game on tonight, the Cowboys and the Redskins, so you wander into the sportsbook to check up on the latest news about the game. While you’re sitting there, you see the wagering board, with some funny numbers on it. It looks like this:

  • 428 Cowboys +175
  • 429 Redskins -4 -200 38

Some of this is easy enough to read. The Redskins -4 means the Redskins are favored to win and must do so by at least 5 points for a bet on the ‘Skins to pay out. The next number (-200) is the moneyline, in this case the Redskins are a 2/1 favorite. The last number (38) is the total, the over/under of the expected number of points scored in the game.

More on Placing Sports Bets

Look at that over/under number, in this case 38. If you or your buddy thinks this is going to be a particularly high or low scoring game, based on your knowledge of the team’s offenses and defenses, or information about a hurt player or bad playing conditions, you can place a wager on the total of points scored.

So how is a guy supposed to know how to literally lay down a sports bet? You need to know three things:

#1 – the type of bet you want to make
#2 – the number of the corresponding team you have chosen and
#3 – the amount you wish to wager

Knowing all that beforehand gives the ticket writer the details he needs to write the ticket without having to bend over backwards to process your bet.

Tipping and Sports Betting

We haven’t even gotten to the meat of the sports math yet, and we’re already talking about tipping the staff behind the window? Yep. Here’s why.

If you place two $100 bets, and you win, you’ll collect $440. You should consider leaving a tip around five percent of your winnings. Yes, that’s a $22 tip, but you just made a huge win, and surely you can spring for a twenty-spot for the guy who helped you win it. If you tip around the five percent mark regularly, when you win, you’re way more likely to get free drinks, which is about all you’re going to get comp-wise at the sportsbook.

So, back to the basic math of sports betting. You and your buddy, after much deliberation, decide to each place a $100 bet on your favorite team. What now?

To bet on the Redskins using the point spread, your bet is called “laying the points.” For your bet to pay off, the ‘Skins have to win by five or more to cover the spread. Remember, if the ‘Skins win by exactly four, the game is a push, and both sides recoup their bet. Another alternative is called “taking the points” with the Cowboys. That means the Cowboys have to lose by three or less for your bet to win, or if the Cowboys win outright. So you and your buddy go up to place your $100 bet, and you find out that the standard straight bet at any bookie pays 11/10. That means you have to bet $110 if you want to win $100. You and your buddy pay the bookie $110 and sit down with drinks to watch your bets come in.

These are deceptively simple bets. Deceptively because they make it look like the outcome of the football game is like the outcome of picking marbles out of a bag. Put one black marble and two white marbles in a bag, pull one out at random, and there’s your football game. After all, the odds are the same: 2/1 for white.

But we, as sports fans, know that the mathematics of a sporting event is much more complex. Sports bettors deeply involved in their hobby will subscribe to weather bulletins from major cities that take part in their sport, making huge wagering decisions based on a few mph of wind in one direction or another. Then there’s the unknown—does a player get hurt in the first quarter? Does weather become a factor? Is a particular player “in the zone?”

How Do Bookies Make a Profit?

Just as we finish ruminating on the concept of the difficult math at play in the background of major sporting events, we’re going to turn right back towards the simpler side of sports betting. Bookies make a profit because of vigorish. What’s vigorish?

Look at the above example again. You and your buddy each paid $10 to the bookie to place your bet. That’s what the standard 11/10 odds in sports betting are all about. You bet the Cowboys and your buddy bet the Redskins, a total of $220 bet. The sportsbook has to pay back $210 to the winner, leaving a nice $10 profit no matter what happens on the football field. That $10 built-in profit is called the vigorish, and it’s the final monkey wrench in the gears of sports betting.

Obviously, sportsbooks are going to take more than two bets on any game, but this example is for simplicity’s sake. Looking at the total number of bets on different games over the course of a week and adjusting the moneyline and other numbers is another way the bookie makes a profit. Adjusting the odds a tiny percentage point in either direction will affect the balance of beats and make the book more likely to turn a profit no matter what.

Essentially, a bookie is a person who holds on to money from bettors then pays them if they win and keeps their money if they don’t. That’s what the job is boiled down to its essence.

When a bookie sets odds for games, he will build what bookies call an “over round” into his set of odds. Another slang term used for this formula is “the juice.” For the sake of simplicity, let’s look at a boxing match where both contenders are equally talented, of equal stature, etc. Since they both have an equal chance of winning, a casual bet may be even money. You put $20 on one guy; your friend puts $20 on the other. Whichever fighter wins awards the bettor with the total of $40.

Bookies don’t offer even money like friends in a casual betting situation. In the above example, with two evenly matched boxers, a smart bookie will offer 5/6 odds for each. That way, a $10 winning bet would only return $8.30 plus your stake. What does this do for the bookmaker? He can float an equal amount of money on both fighters, winning no matter which fighter actually wins. If they take $1,000 worth of bets on one boxer and $1,000 on the other, the bookie would take in $1,000 but only have to pay out $830, for a guaranteed $170 profit regardless of the outcome.

Bookies look at the weight of their books all the time and adjust odds and other factors to make sure their books balance. Though it isn’t possible to completely balance a book, bookies that go too far out on one side run the risk of losing money, and losing money in gambling is the fastest way to find yourself in another industry. All of these factors are why bookies generally root for the underdog—too many favorites winning in a sport with a short season (such as the NFL) can cause a bookmaker to lose money, while a bunch of upsets (like you generally see in college football) is a guaranteed profit for the bookmaker.

The short answer here is that bookies making money has nothing at all to do with your betting. It is almost unheard of for a single customer to be allowed to place enough bets to sink a single book all on his own. High rollers in sports betting get special privileges in terms of their maximum bet size, but these privileges often change with the bettor’s luck—maximums get raised after the bettor sees big losses and decreased (sharply) when the bettor starts to get lucky.

In short, a sportsbook’s profits aren’t necessarily impacted directly by the way an individual bet is called. Unlike casino games or slot machines, where it’s you against the house, sports bettors fuel the bookmaker’s business and only rarely is an individual bettor betting against the bookie.

Sports Betting Odds

Remember at the beginning when we talked about the magic number necessary to guarantee a break-even week in sports betting? If you read enough about sports betting, you’ll hear this number repeated often: 52.4%. If a bettor can win 52.4% of his bets, he’ll break even. Where does that number come from?

When betting the spread, you get odds of -110. Sometimes, sportsbooks will offer a -105 line as a promotion or to welcome new business. But for the most part, if you’re betting the spread, you’re getting -110.

We draw that 52.4% break even number right out of the odds. -110 is equivalent to 11/10. That means if you bet 21 games, you’d have to win eleven of them and lose ten of them to break completely even. Even at -105, you’d still have to win an astounding 51.2% of the time just to break even.

If you don’t trust the basic math behind this break-even principle, look at another real-world example. Let’s say you get really into sports betting after your Cowboys cream the Redskins and you go home with a nice fat wallet. You then bet on the next 10 Cowboys games, winning six times and losing four times.

That 60% betting record (with the odds of -110 that is traditional for against the spread bets in football) will leave you with a profit of $160. Think about it—your $600 profit from your 6 winning bets minus the $440 you lost on losing bets leaves $160. It took you $1,100 to win $160, meaning you have to bet $6.87 to win $1 on average. So you see the small differences between a 52.4% winning rate and a 60% winning rate—inside those 7.3 percentage points lies hundreds of dollars in profit.

Now imagine instead that you lost one of those six winning bets, leaving you with a 50% betting record. You spent a total of $1,100, won $500, and lost $550. That means overall your 50% record drained your wallet by $50. That’s where the vigorish will get you. Not even winning half the time is good enough to break even in sports betting.

Professional Sports Bettors

Believe it or not, some people really do bet on sports for a living. Maybe they work part time at a sportsbook or in some other marginal job in the casino industry, but there is a group of gamblers who bet on sports for their life’s work. With all the math swirling around in our heads after the last bit of the article, it’s hard to imagine anyone wanting to do this for a living.

If you know that a 52.4% record will mean you break even, the simplest way to turn sports betting into a career is to bet enough so that a 53% winning record will bring in the kind of money you want to make.

Another example. After your successful Cowboys experiment, you decide to invest $10,000 in sports gambling over the first four months of the following football season. That $10,000 is set aside to win or lose in sportsbooks.

You plan on betting on 160 games during your investment period. You dream of a 55% winning record because your win-loss with a 55% winning record would give you an 88-72 record. That’s an expected profit of +8.8 units. How did we get to that number? To calculate your units, subtract the total of your losses (multiplied by 1.1 to include the vig) from your wins and you’ll get your unit profit.

Placing $460 bets on each of these games, a number pulled from some quick and dirty math about how much you could afford to bet in a single week’s NFL play without blowing your bankroll, would result in a $4,048 profit if you maintain that 55% winning record. Turning $10,000 into $14,048 in just four months is an investment return of 40.48%. I dare you to ask your bank for that kind of return on your savings account.

But that’s all assuming you can pick the winner 55% of the time. Do your research, look into the records of professional sports gamblers. 55%, while not impossible, would place you among the elite sports bettors in the country, if not the world.

Professional sports bettors have to worry about variance more than any other type of gambler. Working against the forces of variance means managing your bankroll over the course of the season to avoid the negative possibilities that could totally empty your wagering account. Professional sports bettors have the time and resources necessary to calculate these variances, and there are even a few pieces of software out there that can help you figure out your ideal bet in the face of negative variance. But the bottom line is that professional sports bettors would dream of having a 55% winning record, simply because it guarantees you’re beating the house.

Pro bettors make their money on bets that sportsbooks offer that give them even the slightest betting advantage. The key to becoming a profitable sports bettor is being able to find advantages, opportunities where the line a book is offering is vulnerable.

This is why many long-term sports bettors are math freaks. Good sports bettors understand statistics, particularly what are called inferential statistics, though any higher math will help when it comes time to place a bet.

Here is what a professional baseball bettor might do in his head. After looking over statistics from MLB (kept religiously by all sorts of bloggers, data archives, and magazines) between the years 2000-2010, he notices a particular statistic pop out. For example: when the home team starts a left-handed pitcher the day after a loss, that team wins 59% of the time. Good sports bettors can do this sort of math in their head or very quickly on paper. From that bit of information comes a new betting theory—look for game situations that mirror the above example and bet on them. That means he’ll only bet games where the home team starts a left-handed pitcher the day after a loss. Does he just jump in and start betting based on this back of the napkin math? No way. More statistical analysis is required—he may find that this was a fluke for that particular decade and isn’t a trustworthy statistics, or he may find an even more advantageous bet based on his original theory.

Pro sports bettors also keep near-obsessive records of their bets. Obviously, no edge in sports betting lasts longer than a single game. Taking proper records will also help you test theories, like the above one about left-handed pitchers and losses. Without taking good records, no sports bettor’s bankroll will last very long.

What Is a Good Record for Sports Bettors

So, at the end of the day, what could you call a “good” record for a sports bettor? Most casual gamblers looking into sports betting see a pro advertising his 1100-900 record and shake their head a little. How could such an abysmal record be something to be proud of? That’s a 55% winning percentage, and it indicates to those in the know that this bettor is actually turning a profit placing bets on sports.

A good record for a sports bettor is any record equal to or larger than 52.4%, because that number or anything higher means you’re not losing money. A 53% winning record, while not impressive on paper, means you’re actually beating the sportsbook and putting money back in your pocket. Ask your friends that play the slots or play online poker how often they end up putting money back in their pocket.

A -110 wager, standard for spread bets in the NFL, gives the house a built-in advantage of 10%. It means that even if you do win, and you line up to collect your $100, some sucker behind you just spent $10 to hand the casino $100.

A good record for sports bettors is any record that ensures they at least break-even. If you bet 16 games this NFL season and you won 9 and lost 7, you probably made money. And taking money away from a casino is always something to be proud of.

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Other Advanced Sports Betting Strategy Articles:
» Future Betting Strategy
» NFL Bye Week Betting Strategy
» Parlay Betting Strategy

Sports Betting Break Even Video:

In the video above I go over the break even % for sports betting, and we take a look at the difference between hitting 52% and 53%. I also quickly show the amounts of profits you can expect if you can hit 55% consistently.

Welcome to our daily odds boost resource! This page will provide you, the sports bettor, with everyday insights on the best bets in the legal sports betting market. We’ll highlight a collection of the best odds boosts bets offered by legal sportsbooks in legal states.

Best Online Sportsbook Daily Odds Boost Bets for Today

Here are the best daily odds boost bets and promotions across various legal online sportsbooks:

  • Big Game Special
  • Chiefs @ Bucs
  • NJ/PA/IN/TN/CO/WV/MI
  • Boosted from +333
  • Chiefs @ Bucs
  • PA/NJ/CO
  • 2 per week
  • Paid in Free Bet
  • Available in CO
  • Chiefs @ Bucs
  • Super Bowl
  • NJ/IL/IN/IA/CO
  • Boosted From +200
  • Super Bowl LV
  • NJ/PA/CO/IN/WV/TN
  • Boosted From +1100
  • Chiefs @ Bucs
  • IL/NJ/WV/IN/CO/TN/IA
  • Super Bowl Special
  • Plus Signup Bonus
  • PA/IN/IL/CO/MI
  • Free $30
  • NCAA Football
  • NJ/IN/PA

What is an Odds Boost Bet?

Online sportsbooks are always looking for ways to bring in new customers through exciting promotions like deposit matches, risk-free bets, and odds-boosted bets. An odds boost bet is exactly what it sounds like – online sportsbooks will boost the odds on certain bets to bring the odds further in your favor.

Odds boosts are usually based around big events, and vary on how valuable they are depending on how much they move the line and how likely the bet is to win. This page will help you identify which odds boost are worth it, and which ones to stay away from. Not all odds boosts are created equal as some are no-brainers and some may be too good to be true.

For example, when DraftKings first launched in Pennsylvania, they ran an odds boost promo where they moved the line of the Sixers to score over 76 points from the original line of over 115 points against the Lakers. This bet came with a max wager of $50 but was meant to be a no-brainer to help bring more business to the book.

Not all odds boosts are going to be this generous, but if you know what to look for, you can find some very valuable odds boosts bets across all the legal and regulated online sportsbooks.

How to Find an Odds Boosts With good Value

There is no limit on what bets online sportsbooks will boost and some will be a great value, while some will not be worth a second look. Figuring out which to bet comes down to doing a little research.

Every book will have its own unique odds boosts either each day, week, or just for special events. If you have accounts at multiple online sportsbooks, always be sure to check the odds boosts before placing bets for the day, as a wager you were planning on betting, may be boosted.

After checking out the multiple books, you may find boosted odds for the opposite of what you were planning on betting, the odds on the other side of your bet may now have more value or could lead to an arbitrage opportunity. Arbitrage is when you are able to bet both sides of a particular bet and guarantee profit with both outcomes. For example, if FanDuel boosts the Eagles to beat the Cowboys from -150 to +100, and the Cowboys are +120, you could bet $100 on both sides and either break even or win $20.

How to Spot an Odds Boost With No Value

There are often odds boost bets that seem too good to be true, and sometimes that is, in fact, the case. Always verify that what is being offered actually has better odds than other online sportsbooks, or even those listed on the sportsbook offering the boosted bet. Often, there are bet boosts offered for several days before the actual event date. The lines can move a lot in that time, bringing the odds outside the boosted range.

For example, FOX Bet may boost the odds of the Lakers to win from -130 to +110 a few days before the game is actually played. When it’s later announced that LeBron James and Anthony Davis are not playing, and the odds change from -130 to +150, but the boost has already been set, so you will get better odds by just betting the actual moneyline.

Getting in the habit of checking the odds of a boosted parlay is something that could save you from making some poor bets. There have been many parlays that if you just built the parlay yourself at a different online sportsbook, you could actually get better odds.

Claiming Odds Boosts and other Promotions

When you spot an odds boost or promotion that you want to take advantage of, be sure to read the terms before rushing to place that bet. Some odds boosts and other promotions require that you “opt in” before placing the bet. Its a different process for each online sportsbook, so we will walk you through the process for some of our favorite books that typically require an opt in.

While DraftKings does have an “odds boost” section, many of their promotional offerings require that you opt in. Also, for boosts like the 30% profit boost, you will need to check a box in the betslip when you are ready to use it.

When you find a promotional offering on FanDuel that you want to bet, you click on the banner and you will be taken to a page similar to this. You will need to click the opt in button and once you do so, the page will indicate that you have opted in, and you will be ready to place your bet.

Unibet will automatically add a checkbox to the bet slip when you add an eligible bet to the betslip. When you are ready to use the profit boost, check the box and your new odds will be reflected and you can then place your bet.

Most odds boosts do not require opting in, but be sure to check the terms of that individual promotion so you don’t miss out on the extra value. FanDuel and DraftKings are the online sportsbooks that typically require opting in, but occasionally other books will use a similar process.

What Legal Online Sportsbooks Offer Odds Boosts?

FanDuel

FanDuel offers daily odds boosts but in general, it’s a mixed bag when it comes to value. FanDuel’s odds boosts tend to be parlays for either multiple teams in the same sport or multiple legs on the same game. Parlay bets are often ill-advised as they are almost always a negative EV bet, but if it is a bet you would consider betting anyway, the odds boost will help you earn an extra profit if it hits.

FanDuel does offer some higher value boosts, but typically only boosts bets about 10-15% over the original value. When FanDuel offers limited-time SuperBoosts, they are often worth checking out.

  • Top Rated Sportsbook
  • User-Friendly
  • NJ-MI-PA-IL-IN-IA-WV-CO-TN-VA

DraftKings

DraftKings offers daily odds boosts, usually in the form of a parlay, either single game, such as Ronaldo to score and Juventus to win, or a multigame parlay like the Yankees/Dodgers/Phillies all to win. They do also offer prop bet boosts that you otherwise would not be able to bet, for example, any National League player to hit a grand slam on opening day.

DraftKings offers a lot of boosts, but also usually are not boosted more than 10-15% like their biggest rival, FanDuel. Checking the odds on another site is always a good idea to determine if the boost is worth a bet. DraftKings does occasionally offer very high-value odds boost bets that can net you an easy win.

  • $1000 Deposit Match
  • Seamless Mobile Betting
  • NJ-MI-PA-IN-VA-TN-CO-IA-IL-WV

FOX Bet

This is where it gets interesting when it comes to odds boosts, as FOX Bet offers, by far, the most odds boost bets in the industry. FOX bet refers to their odds boosts as “Bet Boosts” and offers up to 5 bet boosts per game or match and plenty of boosts via its FOX Sports personality-driven promotional schedule.

If you are willing to sift through hundreds of Bet Boosts, you will be able to find some value on FOX Bet. There have been several times where the odds are actually worse in a Bet Boost on FOX Bet than if you just built the parlay yourself, but there were also plenty of opportunities to get a high value bet in on some of your favorite betting markets.

FOX Bet also offers tons of #custombets, which aren’t exactly boosted but offer bets that you usually wouldn’t be able to wager on. FOX Bet sorts these bets into categories from the extreme long shot, with bets topping out around +100,000 all the way down to bets around even money.

  • $500 Risk-Free Bet
  • No Code Needed
  • NJ, PA and CO

BetRivers

BetRivers offers boosted bets under their “BetRivers Specials” tab on the left side of the screen. Usually, a good mix of futures and daily bet boosts ranging from long shots to bets that are around even money. BetRivers boosted bets tend to be similar to DraftKings and FanDuel where they offer the same game and multigame parlays, but do throw in the occasional prop bet that you otherwise wouldn’t be able to bet.

BetRivers Specials can be fun from time to time, but don’t typically offer high-value betting opportunities. As with the other sites on this list, it’s always good to check the odds of a parlay before betting a BetRivers boosted odds bet, but they usually do offer better odds than if you built the parlay yourself.

  • Top iGaming Brand
  • Valuable Promos
  • VA-MI-PA-CO-IL-IA-IN

Unibet

Unibet online sportsbook does offer the occasional odds boost, but they do their boosted odds a little different. Instead of selecting the boosts for you, they find particular betting markets and allow you to select the bet that you want to boost, and allow you to boost it anywhere from 10% all the way up to 50%.

For example, on a week where there is a lot of English Premier League action, you can select any bet on any EPL game and boost it 20% meaning that if the odds for a selected bet is +100, and you choose to boost it, it will now offer +120 odds.

Unibet also offers weekly boosted parlay odds, where you can boost the odds of a 3, 4, or 5 leg parlay at 10%, 20%, or 30% respectively. You get one per week at each level and the offer resets every Sunday night.

  • Plus $250 Risk-Free Bet
  • Profit Boost Specials
  • NJ, PA, and IN

Other Options

  • PointsBet: Pointsbet offers daily odds boosts on a few markets per day, and additional parlay boosts, but typically rely on their long list of promotional offerings that can move the spread lines to almost even money. PointsBet often uses their crowd booster promo where the line moves a bit for every 100 bettors that wager on that particular market.
  • BetMGM: BetMGM offers daily and weekly odds boosts that range from boosted parlays to single bets that can help push the odds in your favor.

States With Legal Sports Betting

StateDraftKingsFanDuelFOX BetPointsBetBetMGMBetRivers
New JerseyYesYesYesYesYesYes (Play SugarHouse)
PennsylvaniaYesYesYes-Coming soonYes
West Virginia
YesYes--Yes-
ColoradoYesYesYesComing soonYesYes
IndianaYesYesComing soonComing soonYesYes
IllinoisComing soonComing soonComing soonComing soonComing soonYes
IowaYesComing soonComing soon YesComing soonComing soon
MichiganComing soonComing soonComing soonComing soonComing soonComing soon

New Jersey

  • Retail and online legal
  • Online since 2018
  • Most online sportsbook options in the country.

New Jersey was the state that led the fight for legal and regulated online sports betting is a hot spot, giving you the most options to place a bet online.

Pennsylvania

  • Retail and online legal
  • Online since 2019
  • Biggest online sportsbook market in the US.

After many delays, Pennsylvania got its legal and regulated online sportsbook market going in June 2019 and quickly took over the top spot for the largest market in the US and continues to grow.

Betting

Indiana

  • Retail and online legal
  • Online since 2019
  • BetRivers and DraftKings took the first bets in October 2019

Retail sports betting in Indiana kicked off in September 2019 and quickly moved to the online realm just a few weeks later. Indiana continues to add new online sportsbooks and the potential of having over 40 online books when all is said and done.

West Virginia

Betting Odds Georgia Senate

  • Retail and online legal
  • Online since 2019
  • DraftKings got the early lead in West Virginia taking the first bet in August 2019

West Virginia’s online sportsbook market may not be the biggest, but is home to some heavy hitters in the online sports betting market including DraftKings, FanDuel, and BetMGM.

Illinois

  • Retail and online legal
  • Online since 2020
  • More than a dozen retail sportsbooks with online licenses

Initially, there was a rule that online bettors would need to register in person, but due to the restrictions set in place during the Covid-19 pandemic, Illinois Governor J.B. Pritzker issued an executive order temporarily suspending that restriction, which led to BetRivers taking the first online bets in June 2020.

Iowa

  • Retail and online legal
  • Online since 2020
  • The first state to launch online and retail the same day

Iowa has the potential for being a huge sports betting market but is being hampered by its in-person registration requirement through January 2021. Some sites allow you to register online, and visit the partner casino just to verify your identity. Once February 2021 rolls around, the Iowa online betting market should get a huge boost.

States Coming Soon

  • Michigan
  • Tennessee
  • Virginia

Betting Odds Nfl

Daily Odds Boosts FAQs

What is an Odds Boost?

An odds boost is a promotional offering from an online sportsbook that enhances the odds of a particular bet.

Are Odds Boost Bets Good Value?

Some odds boost bets are great value while others you should probably avoid. Doing a little research can help you determine if they are a good bet.

What Legal Online Sportsbooks Offer Boosed Bets?

Almost all online sportsbooks offer their own version of an odds boost. Our top picks for sites with odds boosts are FanDuel, DraftKings, BetRivers, Unibet, and FOX Bet.

What States Have Online Sportsbooks That Offer Odds Boosts?

Currently, the states that offer online sports betting odds boosts are New Jersey, Pennsylvania, Colorado, Illinois, Iowa, and West Virginia. Tennessee, Michigan, and Virginia are all coming soon.