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How does the Payout Boost work?

A Payout Boost increases the amount that you can win with your entry. Payout Boost's are automatically added if you have one available. For example, if you submit a 2-pick Higher/Lower entry with $10, you would normally receive $30 if both picks were correct. However, with a payout boost you would win $33 if both picks are correct (assuming the Payout Boost is 10%).