7/8 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.

Today's action includes picks from DraftKings, FanDuel, and Bet MGM Sportsbooks. All listed odds are as of the time of writing/publication.

Today's guaranteed profit total = $14.50-15.50

Today's potential risk-free profit total = $21.50-22.50

The Plays

1. DraftKings NBA Finals Game Two Total Over 220.5 Boost from -105 to +150 - $50 Max Bet

a. Opt-in to the promotion and then place a $50 max bet on the Total Over 220.5 at the boosted odds of +150. The return is $125.

b. Bet MGM is giving us slightly better odds on the Total Under 220.5 at -115, so if possible in your state, place the hedge there in the amount of $67 to return $125.26. If not possible, proceed to below.

Both DraftKings and FanDuel have the same odds of -120 for Total Under 220.5, so go to either's alternate total points and place a wager on Total Under 220.5 at -120 odds for $68 to return $125.12.

c. Guaranteed Profit = $7-8

2. DraftKings UFC Boost Poirer or McGregor to +150 - $25 Max Bet and FanDuel $10 Risk Free UFC Bet

a. Opt-in to the promotion and then take Dustin Poirer boosted from -134 to +150 for the $25 max bet returning $62.50.

b. Switch sites, opt into FanDuel's UFC Risk-Free Bet, and then place a $10 bet on Conor McGregor at -102 to return $19.80.

c. Ideally, the next move is to place a $20 bet on Bet MGM at +110 odds to return $42. If not possible in your state, then hedge right on DraftKings at +105 for $20.50 to return $42.

Either outcome guarantees $7.50 but if Poirer wins, we receive the additional $10 back from FanDuel for the Risk-Free bet.

c. Guaranteed Profit = $7.50, Potential Profit = $17.50

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