12/17 Arbitrage Alley - DraftKings 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 and Ceasars Sportsbooks. All listed odds are as of the time of writing/publication.

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Today's guaranteed profit total = Minus $4.55 in rake or no rake if there is a push.

Today's potential risk-free profit total = $50 Free Bet from Ceasars minus $4.55 in rake or no rake if there is a push.

The Plays

1. NCAAF - Ceasars Sportsbook - Place a $50 Bet on the Spread of the Northern Illinois and Coastal Carolina and if you win get a $50 Free Bet.

a. Place a $50 Bet on the Coastal Carolina -12 spread at -110 to return $95.45. Sharp has a pre-existing pick on this as Coach Drumheller had called this one early at a premium price of -9. However, we don't have that luxury here, so the -12 it is.

b. Head over to DraftKings and place a $50 Bet on the North Illinois +12 spread at -110 to return $95.45.

c. Profit - Minus $4.55 in rake or no rake if there is a push.

d. Potential Profit - $50 Free Bet from Ceasars minus $4.55 in rake or no rake if there is a push.

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