No Arbitrage Opportunities - for now.
When an opportunity arises, our bots will find them.
Boosted Odds is a state-of-the-art platform that consolidates lines and odds from multiple bookmakers.
Our mission is to provide users with comparative data on sportsbook lines at an affordable cost, through a user-friendly interface.
We believe everyone should have access to positive expected value (EV) betting opportunities.
Positive EV bets have a higher expected return than their potential risk.
We identify such bets by comparing odds offered by different sportsbooks to those offered by the industry benchmark, Pinnacle. By calculating the edge (expected value) for each bet, we help users spot profitable opportunities over the long run.
It's important to note that while positive EV bets offer a statistical guarantee of profitability over time, individual bets can still lose due to the randomness of sports outcomes. Therefore, it's crucial to always bet with a clear and well-defined staking plan and to never risk more than you can afford to lose.
Arbitrage, in sports betting, refers to the practice of placing bets on all possible outcomes of a sporting event in such a way that the bettor will always make a profit, regardless of the actual outcome of the event. This is achieved by taking advantage of differences in odds between different bookmakers or sportsbooks.
On our arbitrage page, opportunities are highlighted by comparing odds for the same bet offered by two different sportsbooks. If the odds differ enough, a bettor can place opposite bets on each of the sportsbooks and guarantee a profit. The edge is the percentage of profit that is guaranteed to be made.
Suppose there is a basketball game between the Los Angeles Lakers and the Brooklyn Nets. Two sportsbooks, Bookmaker A and Bookmaker B, are offering odds on the game:
Bookmaker A | Bookmaker B | |
---|---|---|
Lakers Moneyline | -120 | +110 |
Nets Moneyline | +105 | -115 |
There is an arbitrage opportunity since it is possible to bet both the Lakers Moneyline and the Nets Moneyline and make a profit. Here's how you can take advantage of it:
1. Bet $100 on the Lakers at Bookmaker B at odds of +105. If the Lakers win, your payout will be $205 (your original $100 bet plus $105 in winnings).
2. Bet $100 on the Nets at Bookmaker A at odds of +110. If the Nets win, your payout will be $210 (your original $100 bet plus $110 in winnings).
No matter who wins, you will end up with a profit of $5 or $10. This is because you have effectively bet $200 total ($100 on the Lakers and $100 on the Nets), but your total payout will be either $205 or $210, giving you a profit in either case. To profity equally, independant of outcome, using an arbitrage calculator you'd find that If you bet $101.20 and $98.80 you'd walk away with ~$7.50 in each case. Our Arbitrage Tool both finds these bets and does all the calculations for you, so don’t worry if all that math seemed a bit overwhelming.
It's important to note that arbitrage opportunities don't last long and are often quickly corrected by the sportsbooks. Therefore, there is still risk involved with an arbitrage strategy. Rather than being at risk of losing a bet, the bettor risks lines moving between betting each side of an arbitrage position. As with any other betting strategy, it is vital to never risk more than you can afford to lose.
We offer the most important and popular tool - Positive Expected Value Bets - for a fraction of the cost. We are also constantly adding new tools, such as an arbitrage bet finder, parlay builder, free bet conversion tool and more.
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In addition to our Positive EV and Arbitrage tables, we are excited to offer our users a Parlay Builder tool.
This tool will allow users to string together positive EV bets based on their input, including the number of legs, sports, and bookmakers.
We will also have a Free Bets page, as well as the ability to browse all normal games and see the sportsbooks. Further in the future, we aim to become a comprehensive one-stop-shop for all sports betting data and news.
At Boosted Odds, we believe that everyone should have access to comparative data on sportsbook lines, and we strive to provide our users with unique opportunities for arbitrage and positive EV betting. Join us today and start taking advantage of the best odds in the market!