4/19 Arbitrage Alley - Bet MGM Sportsbook
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 = Two $10 Free Bets and a $20 Free Bet from Bet MGM minus $3.41 in rake.
Today's potential risk-free profit total = Two $10 Free Bets and a $20 Free Bet from Bet MGM minus $3.41 in rake.
The Plays
1. NBA/NHL - Bet MGM - Bet $50 Weekly, get a $10 Free Bet Monday, Bet $50 Cumulative on the NBA Playoffs get a $20 Free Bet, Bet $25 on NHL, get a $10 Free Bet.
a. Let's start with NHL. Since both sides of 6.5 total in the Minnesota/Montreal Game are -110, put $12.50 on the over and under, returning $23.86 and a $10 Free Bet.
b. On Bet MGM, bet $25 on each side of any total (they're all -110 apiece as of the time of writing and all end in .5 so no pushes possible), returning $47.73 and a $20 Free Bet.
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