Thursday Night Football Risk-Free Profit: Arbitrage Opportunity in Receptions

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 two 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…

Skyy Moore Over 2.5 Receptions | +124 at FanDuel

Sky Moore Under 2.5 Receptions | -115 at Fliff

Here’s a major discrepancy between FanDuel and Fliff.

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 Fliff are offering wildly different odds here.

+124 and -115 sets up an arbitrage opportunity. It’s possible to make risk-free profit with the way these lines are priced.

I’m limited on FanDuel so they only let me bet $70 on this.

I plugged that into the calculator icon on the tool next to the bet (seen above), and it told me to bet $83.87 on Fliff, which I rounded to $85.

There are two possible scenarios here…

1) If Moore goes over I profit $70 x 1.24 = $86.80 on FanDuel & lose $85 on Fliff for a net profit of $1.80

2) If he goes under I lose $70 on FanDuel but go up $85 x 100/115 = $73.91 on Fliff for a net profit of $3.91

Either way, I come away with more money than I started with. That’s the beauty of arbitrage betting.

It’s literally impossible for one of the bets to not win. He’s either going to catch over 2.5 passes or he’s going to catch under 2.5 passes. There’s no in-between.

Arbitrage is rare in the grand scheme of the market, 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.