Once a year Sports Betting Arbitrage Opportunity
Today we have an Ultra rare situation that is a Sports Bettors dream.
About 5.8% of NFL games land on a 10 point spread. We have a wide line spread and a great arbitrage opportunity between Bodog or Bovada and 5Dimes.
10/27/2014 8:30 PM Reduced Football 277 Washington Redskins* +10 ½ -110 vs Dallas Cowboys
Risking 10.00 To Win 9.09 – Available on Bodog or Bovada
10/27/2014 8:30 PM Reduced Football 278 Dallas Cowboys* -9 -101 vs Washington Redskins
Risking 10.00 To Win 9.90 – Available on 5Dimes
First off this line is all over the place depending where you look. You can find it at +10.5 on Bodog and +9 on 5Dimes. Which means if you have accounts on both you can lock in a free bet on both sides and catch a middle if it falls on 10. This is a great bet. I personally locked in a 10 unit play on both sides. If this lands on -10 for the cowboys we win both. If it lands on -9 the Cowboys push and we win the Redskins bet.
If you don’t have accounts on both, I would recommend making a play on Bodog only for +10.5 for 1 unit on the Redskins.
But this doesn’t happen often so I would very VERY Strongly recommend getting accounts at both books and betting as much as you can – equal amounts on both sides.
Make sure you check your limits on both accounts before betting. Or bet in 1 unit increments so you don't get stuck with an open position.
If you follow this strategy, the worst think that can happen is you lose about 1 unit if the Redskins cover more than 9 points. Otherise we basically have a free bet with an opportunity to win 19 units it the Cowboys win by exactly 10.
This doesn't happen often but when it does you need to take advantage of it.
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