1/25 Arbitrage Alley - Ceasars and Bet MGM Sportsbooks
- Rich Masana
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 $25 Free Bet from Ceasars, a $10 Free Bet from Bet MGM minus $2.27 in rake.
Today's potential risk-free profit total = A $25 Free Bet from Ceasars, a $10 Free Bet from Bet MGM plus the possibility of a Lakers push refunding another $25 back if the Lakers win by three exact minus $2.27 in rake.
1. NBA - Ceasars Sportsbook - Bet $25 on the Point Spread for BOTH Lakers vs. Nets and Arizona Wildcats vs. UCLA Bruins and get a $25 Free Bet Win or Lose. Bet MGM - Bet $50 Weekly and get a $10 Free Bet.
a. On Ceasars bet $25 on the Lakers -3 at -110 to return $47.73 then head over to Bet MGM and bet $25 on the Nets +3.5 at -110 to return $47.73.
b. Both Ceasars and Bet MGM currently have the line at -2.5/+2.5 -110 apiece so bet $25 on either side and then bring it back with $25 on the other side, both to return $47.73
c. Profit - A $25 Free Bet from Ceasars, a $10 Free Bet from Bet MGM plus the possibility of a Lakers push refunding $25 if the Lakers win by three exact minus $2.27 in rake.
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