5/15 Arbitrage Alley - DraftKings and Bet MGM 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 Bet MGM Sportsbooks. All listed odds are as of the time of writing/publication.

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Today's guaranteed profit total = $23.90 and a $10 Free Bet from Bet MGM

Today's potential risk-free profit total = $24.55 and a $10 Free Bet from Bet MGM

The Plays

1. NBA - DraftKings - Opt-in and receive a 77% Profit Boost on either NBA Game Seven today - $100 Max Bet. Bet MGM - Bet $50 Weekly, get a $10 Free Bet Monday

a. Opt-in to the promo on DraftKings. I went with Bucks/Celtics O 205 for -110 with the boost it goes to +160 so $260.90 on the max $100 wager.

b. On Bet MGM, place a bet for $137 on Bucks/Celtics U 205.5 at -110 to return $261.55.

c. Guaranteed Profit - $23.90 and a $10 Free Bet from Bet MGM

d. Potential Profit - $24.55 and a $10 Free Bet from Bet MGM

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