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3/22 Arbitrage Alley - Bet Rivers 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 Bet Rivers 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 Free Bet from Bet Rivers, and $50 in Free Bets from Bet MGM minus $5.75 in rake.

Today's potential risk-free profit total = A $10 Free Bet from Bet Rivers, and $50 in Free Bets from Bet MGM minus $5.75 in rake.

The Plays

1. NBA - Bet Rivers and Bet MGM - Bet Rivers Sportsbook - Bet $25 on Knicks/Hawks and get a $10 Free Bet for Clippers/Nuggets, Bet MGM Sportsbook - Bet $50 on NBA get a $10 Free Bet for March Madness "but really usable for anything", Bet $50 on NBA get a $20 Free Bet, Bet $50 Weekly, get a $10 Free Bet Monday.

a. On Bet Rivers do what is described above and bet the $25 on Knicks/Hawks and then apply the $10 free bet that pops to Nuggets/Clippers.

b. Hedge the other side of the two bets for just under around $30 total and then hedge two sides of any -110 NBA moneyline and just make sure the cumulative total is over $50.

c. Profit - $50 worth of free bets minus $4.50 in rake.

2. NHL - Bet MGM - Bet $25 on NHL and get a $10 Free Bet

a. I would use the six total in the Rangers/Devils game as closest to even money but bet around $12.50 apiece per side "with the possibility of a push and no rake paid" just make sure that the cumulative bets total or exceed $25.

b. Profit - A $10 Free Bet minus $1.25 in rake.

** Be on the lookout for future editions of Arbitrage Alley as the Sharp App pays for itself**

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