12/14 Arbitrage Alley - DraftKings, FanDuel, 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 DraftKings, FanDuel, 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 $10 Bet MGM Free Bet and $6.18.
Today's potential risk-free profit total = A $10 Bet MGM Free Bet and $50.51.
1. NBA - DraftKings Sportsbook - Get a 50% Profit Boost for any NBA Bet -200 odds or longer, $50 Max Bet. Bet MGM - Bet $50 Weekly and get a $10 Free Bet the following Monday.
a. Opt-in and place a $50 Bet on the Golden State Warriors -4.5 at -110 to return $118.18.
b. Head over to Bet MGM and place a $62 Bet on the Knicks +4.5 at -110 to return $118.32.
c. Profit - A $10 Bet MGM Free Bet and $6.18.
d. Potential Profit - A $10 Bet MGM Free Bet $6.32.
2. NBA - FanDuel Sportsbook - Place a 3+ Leg, $10+ Same Game Parlay wager with cash on any "NBA on TNT" game taking place on 12/14 and get a $10 bonus in site credit, regardless of if your bet wins or loses "minimum odds +400 or longer"
a. Opt-in to the promo. b. Place a same-game parlay for $10 with the three legs for parlay, Over 211.5, Golden State Win Margin 1-10, and Julius Randle 6+ rebounds for qualifying +441 total odds.
c. Profit - At least a scratch guaranteed with the $10 Credit.
d. Potential Profit - $44.19
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