11/22 Arbitrage Alley - Caesars and Bet MGM Sportsbooks
Welcome to Arbitrage Alley. The purpose of this article is to help save you time and scour through 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 Ceasars and Bet MGM Sportsbooks. All listed odds are as of the time of writing/publication.
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Today's guaranteed profit total = A $50 Free bet for Thanksgiving Thursday Football and a $10 Free Bet at Bet MGM minus $4.50 in rake.
Today's potential risk-free profit total = A $50 Free bet for Thanksgiving Thursday Night Football and a $10 Free Bet at Bet MGM minus $4.50 in rake.
1. NFL - Ceasars Sportsbook - Place a $50 bet on the Spread for Monday Night Football and receive a $50 Free Bet for any of the three Thanksgiving games.
a. Place a bet for $50 on Tampa Bay -10.5 for -110 to return $95.45.
b. Head over to Bet MGM and place $50 on the Giants +11 at +110 to return $95.45.
c. Profit - A $50 Free bet for Thanksgiving Thursday Night Football and a $10 Free Bet at Bet MGM minus $4.50 in rake.
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