A profit boost is another common type of promotion. A profit boost increases your payout to some percentage higher than it normally would be. They can guarantee profit when utilized as a matched betting strategy.

The Details

Profit boosts have a bit more criteria than a bonus bet. The first part of a profit boost is the boost percentage. This is how much more profit you will win from a bet when the promotion is applied. The second is the maximum wager limit, which is the ceiling for how much the boost can apply to. For example, BetMGM may give you a 50% profit boost for up to $50. You can then place a $50 bet on a +100 odd line (even), and instead of being returned $100 for winning, you will earn $150.

A key point here is that you don't boost the entire returns (stake + profit), but just the profit. That's why in the example above you would only earn $150, not $200.

Like all other types of promotions, there could potentially be more criteria that determines an eligible bet such as the sport being wagered on, or minimum odds. Additionally, they tend to have expiration dates as well, so don't procrastinate using our converter!

Step-by-Step

1. Navigate to the profit boost finder. This can be found in the dashboard for registered members.
2. Input the relevant information for the finder. The new details here are the boost percentage and the maximum wager limit. 
3. The data returned will look something similar to the image below. These are the most profitable matched bets that you can make in upcoming events. Like always, double check these odds as they are always subject to change before you bet. Even small shifts in the lines can have a very large impact on how profitable your endeavor will be.
4. Select the bet you prefer based on hedge bet size and bookmakers. For the sake of our example, lets say we want to make $56.98 by doing a matched bet on the South Sydney Rabbitohs against the Canterbury Bulldogs. We would follow the information in the table, or for a more detailed view select the "Explain This" button in the bottom-right corner.

Conclusion

Profit boosts are great promotions to make some easy money. Just like bonus bets, they are completely risk free when hedged correctly. Our finders help create a smooth, informative process while ensuring you are choosing the most profitable lines based on realtime data. Usually, profit boosts have a wager limit that is lower than a bonus bet amount, but they tend to be easier to obtain, such as from referrals or seasonal promotions. Regardless, whenever you have a bonus bet, remember to use HedgeR, otherwise your leaving money on the table!