Profit Potential: Ducks vs. Flyers Arbitrage Opportunity
Arbitrage Opportunity: Anaheim Ducks vs. Philadelphia Flyers – December 28, 2024
Sports bettors, a potential arbitrage betting opportunity has emerged for the upcoming NHL game between the Anaheim Ducks and the Philadelphia Flyers scheduled for December 28, 2024. Below is an objective analysis of the provided bets that could yield a profit regardless of the game's outcome.
Bet Details
Bet 1:
Bookmaker: BetRivers
Market: Moneyline (Head-to-Head)
Outcome: Philadelphia Flyers to win
Odds: -136
Stake: $582.39
Bet 2:
Bookmaker: FanDuel
Market: Moneyline (Head-to-Head)
Outcome: Anaheim Ducks to win
Odds: +142
Stake: $417.61
Analysis of the Bets
The bets are placed on the same market type—Moneyline (Head-to-Head)—which means the wager is on the outright winner of the game, including any overtime or shootout results. This ensures that both bets cover all possible outcomes without discrepancies.
Odds Explanation:
- Negative Odds (-136): You would need to wager $136 to potentially win a net profit of $100.
- Positive Odds (+142): A $100 wager could potentially yield a net profit of $142.
Calculating Potential Returns
To assess the arbitrage potential, let's convert the American odds to decimal odds for straightforward calculations.
Conversion to Decimal Odds:
- For Odds of -136: Decimal Odds = 1 + (100 / 136) ≈ 1.735
- For Odds of +142: Decimal Odds = 1 + (142 / 100) = 2.42
Total Stake: $582.39 (Bet 1) + $417.61 (Bet 2) = $1,000
Scenario 1 – Philadelphia Flyers Win:
- Return from Bet 1: $582.39 × 1.735 ≈ $1,011.68
- Net Profit: $1,011.68 - $1,000 = $11.68
Scenario 2 – Anaheim Ducks Win:
- Return from Bet 2: $417.61 × 2.42 ≈ $1,011.99
- Net Profit: $1,011.99 - $1,000 = $11.99
Discussion of Potential Outcomes
The calculations indicate that regardless of which team wins, there is a potential net profit of approximately $11.68 to $11.99. This suggests an arbitrage opportunity where the combined bets cover all possible outcomes, potentially resulting in a profit.
Considerations:
- Market Consistency: Confirm that both bets are on identical market conditions, including overtime and shootouts.
- Stake Acceptance: Be aware that bookmakers may have limits or restrictions that could affect the acceptance of these stakes.
- Terms and Conditions: Review each bookmaker's rules to ensure compliance and understand their policies on bet cancellations or voided bets.
Conclusion
Based on the data provided, there appears to be an arbitrage betting opportunity for the NHL game between the Anaheim Ducks and the Philadelphia Flyers on December 28, 2024. The potential to secure a profit irrespective of the game's outcome is identified through the calculated scenarios.
Disclaimer
This analysis is for informational and educational purposes only and should not be construed as betting advice or a recommendation. Sports betting involves risk, and individuals should consult with professional advisors before engaging in any betting activities.