How to Analyze DraftKings Sports Betting Promos & Odds Boosts | DraftKings Betting, Explained

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Alex takes you through the math behind DraftKings sports betting promos and odds boosts. He explains how to determine which odds boosts and promotions on DraftKings sportsbook are Positive Expected Value (+EV). He explains how odds boosts work and the math behind odds boosts. No promo code is required to use these sports betting bonuses on DraftKings - users simply need to opt in to the promotion. DraftKings also has an NHL and MLB risk-free bet, and Alex explains risk-free betting strategy.

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Alex discusses an NBA odds boost for today on DraftKings. He runs through the sports betting math of this sportsbook promo and shows that the profit margin of this Odds Boost is roughly 15.5%. Then, Alex goes through a parlay boost on DraftKings. He finds three legs for his MLB parlay using the OddsJam sports betting software.

Promos on DraftKings are a great way to build your sports betting bankroll. Most of these promotions on DraftKings allow a maximum wager of $10. The profit margin, or "edge," on most of these promos is above 10%. He discusses risk free sports betting as well. Sports betting bonuses are common in the United States, especially risk-free bets, so having an understanding of the math behind these promos is essential. Again, no DraftKings promo code is required for any of the bonuses discussed in this sports betting tutorial.

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