12/10 Arbitrage Alley - DraftKings, Bet MGM, and Ceasars 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 DraftKings, Bet MGM, and Ceasars Sportsbooks. All listed odds are as of the time of writing/publication.

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Today's guaranteed profit total = $15 and a $10 Free Bet

Today's potential risk-free profit total = $15, a $10 Free Bet, and a $50 Free Bet. If the Hawks win by two we add another $50.75 as that pushes.

The Plays

1. NBA - Ceasars Sportsbook - Get a $50 Free Bet if you bet on the Hawks/Nets Spread and Win.

a. Place a $50 Bet on the Brooklyn Nets Spread +2.5 at -110 to return $95.45.

b. Head over to DraftKings and place a $50.75 Bet on the Atlanta Hawks Spread -2 at -115 to return $94.80.

c. Profit - Minus $5.20 in rake

d. Potential Profit - A $50 Free Bet minus $5.20 in rake. If the Hawks win by two we make $50.75 back as that pushes.

2. NHL - 100% Profit Boost Any NHL Bets -200 or Under - $50 Max Bet, Bet MGM - Bet $50 or more for the week and get a $10 Free Bet

a. Place the $50 max bet boost on Red Wings/Avalanche Over 6.5 now boosted to +200 returning $150.

b. Head over to Bet MGM and place a bet for $82 on Red Wings/Avalanche Under 6.5 at -120 to return $150.20.

c. Profit - $20.20

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