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Jcc5950 reports that he’s earning $50-100 per day with arbitrage sports betting 🤑
Example…
1. I bet $16 on Fanduel that Kyle Schwarber will hit a double in tonight’s game for a total payout of $120
2. I bet $100 on Bally that Kyle Schwarber will NOT hit a double in tonight’s game for a total payout of $118
3. I have wagered a total of $116 on both outcomes, and since one outcome must happen, I will either make $2 if he does not hit a double, or $4 if he does…
In this example, I am going to profit at least $2 and at most $4, and the whole thing took me 10 seconds. I repeat this 20-30 times a day, and by the end of the day I have made a nice profit.
Note that sportsbooks don’t like arbitrage betting and try to prevent people from doing it, but clearly some folks are still having success.
Also, gambling is addictive and ruins lives, so be careful ⚠️
Jcc5950 again…
This is my third month and I am on track for 3K this month. Made 4.4K total in my first two months…
I started with around 23K spread across 10 different books. It has now grown to just under 28K.