Definition of Profit Boost
What does the term "profit boost" mean in the world of sports betting? What is meant when a sportsbook offers a "profit boost"?
The profit boost is one of a number of different perks that a sportsbook can offer.
With the "profit boost", books are usually looking to get you to wager on a specific type of event, and there is usually a low max wager amount.
For instance, a sportsbook may offer a 10% profit boost if you place an in-play wager on a hockey game. This book might also stipulate that the maximum bet will be $15.
They will also usually stipulate a "max extra winnings" amount - let's say, $1,500.
So, if you did some kind of a crazy parlay on a number of hockey games using a max wager of $15, the sportsbook would give you a 10% profit boost, up to a maximum of $1,500.
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You should always take advantage of these offers from sportsbooks, no matter how small.
After all, they are free money.