Risk-Free Profit on Buccaneers vs. Vikings: Take this Arbitrage Opportunity on Baker Mayfield

Only one day away from our first NFL Sunday of the year!

One of my favorite ways to make money every football season is through arbitrage betting, because if done properly it’s literally risk-free money.

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 2 sportsbooks and make a risk-free profit. 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…

Bet #1: Baker Mayfield Longest Completion: Over 34.5 Yards | +129 at Caesars

Bet #2: Baker Mayfield Longest Completion: Under 34.5 Yards | -114 at FanDuel

Here’s a major discrepancy between FanDuel and Caesars. Arbitrage opportunities like this are extremely rare across the market considering how many odds are offered.

A tiny percentage of total markets have arbitrage opportunities, but the OddsJam Arbitrage tool can find all of them for you, and shows dozens of opportunities at any given time.

Take a look at the tool below for this example:

As you can see in the screenshot, Caesars and FanDuel are offering wildly different odds here. FanDuel has this line with the odds the same on both sides, implying a 50/50 chance of his longest completion being over or under 34.5 yards.

Meanwhile, Caesars is heavily favoring the under, pricing it at -179.

This sets up an arbitrage opportunity. It’s possible to make risk-free profit with the way these lines are priced.

I decided to place $125 at Caesars, and went ahead and plugged that into the calculator icon on the tool next to the bet.

The calculator told me to place $152.49 on FanDuel, which makes a total stake across the two books of $277.49. Regardless of which side wins, the payout is $286.25.

It’s literally impossible for one of the bets not to win. He’s either going to have a pass longer than 34.5 yards or not. There’s no in-between.

No matter what, I’m making about $9 in risk-free profit.

Arbitrage is rare, but OddsJam is updating millions of odds every second to point out these risk-free money opportunities when books’ lines get super out of sync with one another.

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.