3/29 Arbitrage Alley - Bet MGM Sportsbook

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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 Sportsbook. All listed odds are as of the time of writing/publication.

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Today's guaranteed profit total = $40 in Free Bets from Bet MGM minus $3.50 in rake.

Today's potential risk-free profit total = $40 in Free Bets from Bet MGM minus $3.50 in rake.

The Plays

1. NBA and NHL - Bet MGM - Bet a cumulative $50 on NBA get a $20 Free Bet, Bet $25 on NHL get a $10 Free Bet, Bet $50 Weekly, get a $10 Free Bet Monday.

a. Today is easy money. For the NBA Bet just place bets on both sides of 76ers/Bucks for $25 at -110 apiece. From there you will receive a $20 Free Bet immediately plus a $10 Free Bet next Monday.

b. Similarly place bets on both sides of any NHL Over/Under for $12.50 apiece and you will immadiately receive a $10 Free Bet.

c. Profit - $40 worth of free bets minus $3.50 in rake.

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