1/25 Arbitrage Alley - Ceasars 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 $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.

The Plays

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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