10/12 Arbitrage Alley - Caesars and DraftKings 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 DraftKings Sportsbooks. All listed odds are as of the time of writing/publication.
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Today's guaranteed profit total = $11.27
Today's potential risk-free profit total = $11.27
The Play
1. NHL - Ceasars Sportsbook - Golden Knights ML Boost to +100 - $25 Max Bet
a. Place the max bet on the Golden Knights ML at the boosted odds to return $50.
b. Then place a bet for $16.13 on the Seattle Kraken ML at +210 to return $50.
c. Profit - $8.87
2. MLB - DraftKings Sportsbook - No Run First Inning Boost - Brewers at Braves - $50 Max Bet
a. Opt-in and then place the max bet on the no runs scored in the 1st inning to return $110.
b. Place $57.60 on yes run/s scored in the 1st inning to return $110.
c. Profit - $2.40
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