7/6 Arbitrage Alley - DraftKings, FanDuel, and Bet MGM Sportsbooks

**Welcome to Arbitrage Alley. The purpose of this article is to help save you time and scour through DraftKings, FanDuel, and Bet MGM sportsbooks to find ways to lock in profits, risk-free. As we know, there is no such thing as a "lock" in sports, but if we can exploit promotions and odds differences, we can find ways and develop methods to hedge and guarantee ourselves a positive outcome.**

Most of today's action can be found over on DraftKings Sportsbook. All listed odds are as of the time of writing/publication.

Today's guaranteed profit = $13.50

The Plays

1. DraftKings "Both teams to score Boost to +150, max bet $25" for today's Euro 2020 Semifinal between Spain and Italy

a. Opt-in and then place the $25 max on both teams to score at the boosted odds of +150. The return is $62.50.

b. Then place a wager of approximately $33 on both teams not to score "current odds are -114 on DraftKings". For reference, Fanduel has shorter odds of -124 and Bet MGM even worse odds at -140".

c. Guaranteed Profit = $4.50

2. DraftKings NBA Finals Phoenix Suns ML Boost +100, max bet $25

a. This one is a no-brainer, opt-in and take the Suns for the max bet of $25 for the +100, returning $50.

b. DraftKings is giving us the best odds on the Milwaukee Bucks ML at +215, as compared to +195 on Bet MGM and FanDuel at +205. $16 does the trick here to return $50.40.

c. Guaranteed Profit = $9

3. Alternate with Risk/Hedging the DraftKings Sun Boost - FanDuel $10 Risk-Free NBA Same Game Parlay (3+ Legs, +400 Final Odds, Opt-In Required, only the first two losing bets during the Finals qualify)

a. If a guaranteed $9 just doesn't do it for you, another idea involves the FanDuel Same Game Parlay promotion.

b. Opt-in and then place a $10 same game parlay using Milwaukee Bucks ML at +205 for the first leg, Milwaukee Bucks win margin 1-10 at +300 for the second leg, then finally Khris Middleton to score 25+ points at -192. This brings us to a qualifying +434 total for the same game parlay.

It is unlikely that Milwaukee will go on the road and crush a heavily favored Suns team missing their talisman in Giannis. Therefore, the first two legs are self-explanatory as a hedge against the Phoenix ML odds boost. If Milwaukee were to win, it would likely receive at least a decent game from Middleton, although this play adds more risk than the straight hedge.

c. Potential Profit = $27

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