MLB Arbitrage Opportunity: Risk-Free Profit!

Arbitrage betting is one of the most slept-on forms of betting in the entire industry. You literally can’t lose.

Sportsbooks set odds independently. They all have different odds, and sometimes they make mistakes.

Sometimes these mistakes are so big that you can bet on equal & opposite outcomes on two sportsbooks and make a risk-free profit no matter the outcome of the game. That’s arbitrage. You’re essentially day-trading mistakes on sportsbooks to make a risk-free profit.

Here’s an example of an arbitrage bet…

White Sox vs. Royals Arbitrage Bet: First Half Total Runs

Over 4.5 | -115 at DraftKings

Under 4.5 | +120 at FanDuel

7:40 p.m. ET

It’s always nice when arbs fall on books like DraftKings and FanDuel that almost everybody has. They should not be the only books that you have though.

The more sportsbook accounts you have, the more arbitrage opportunities you’ll be able to find on the OddsJam Arbitrage tool, and the more money you’ll make. It’s that simple.

Anyway, you can see here how DraftKings and FanDuel are way off with how they’re pricing this total.

-115 to +120 is a clear arbitrage, so I headed to the calculator to figure out how to attack this one.

I wanted to bet $250 on FanDuel, so the calculator told me to put $294.19 on the opposite side at DraftKings. My total stake is $544.19, and EITHER WAY I’m returning $550.

The game will either go over 4.5 in the first five innings, or it will go under. One of the sides will win.

Making $5.81 in easy money for 60 seconds of work isn’t too bad…Arbitrage is how I made my first $40,000 betting.

If you want to learn more about profitable sports betting, then I recommend this strategy guide. It breaks down the top strategies for making money off the sportsbooks.