12/13 Arbitrage Alley - Bet MGM and Ceasars 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 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 = A Ceasars Free Bet for the Cardinals longest touchdown and a $10 Free Bet on Bet MGM minus $4.55 in rake.
Today's potential risk-free profit total = A Ceasars Free Bet for the Cardinals longest touchdown and a $10 Free Bet on Bet MGM minus $4.55 in rake.
The Plays
1. NFL - Ceasars Sportsbook - Get a $50 Free Bet for your team's longest touchdown if you bet on the Rams/Cardinals Spread. Bet MGM, Bet $50 Weekly and get a $10 Free Bet.
a. Place a $50 Bet on the Arizona Cardinals -3 at -110 to return $95.45.
b. Head over to Bet MGM and place a $50 Bet on the Rams +3 at -110 to return $95.45.
c. Profit - A Ceasars Free Bet for the Cardinals longest touchdown and a $10 Free Bet on Bet MGM minus $4.55 in rake.
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