Guaranteed Profit in Rays vs. Twins: Arbitrage Opportunity on Sonny Gray

Even though we’re in football mode now, we can’t forget about baseball. With so many games each night, there’s plenty of money to be made.

One of my favorite ways to make money 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: Sonny Gray Over 7.5 Strikeouts | +285 at FanDuel

Bet #2: Sonny Gray Under 7.5 Strikeouts | -240 at Barstool

7:40 p.m. ET

Here’s a major discrepancy between FanDuel and Barstool.

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, FanDuel and Barstool are offering wildly different odds here. FanDuel has this line up at +285, while Barstool has the same over 7.5 at +165. That sets up an arbitrage opportunity on the other side, the under.

With that line being -240, it’s possible to make risk-free profit with the way these lines are priced.

I decided to place $275 at Barstool, and I put that into the calculator function located next to the bet on the tool.

The calculator told me to place $101.19 on FanDuel. That creates a combined stake of $376.19 across the two bets.

Regardless of which side wins, the payout is $389.58, meaning a risk-free profit of $13.39.

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.