Secure Profit with Gonzaga Points Bet Arbitrage (ROI: 13.3%)

Arbitrage Opportunity in Sports Betting on Gonzaga Bulldogs

A new arbitrage betting opportunity has emerged in the sports betting market involving the Gonzaga Bulldogs. This opportunity arises from differing odds offered by two bookmakers on the team's total points in an upcoming game.

Analysis of the Arbitrage Bet

The arbitrage opportunity is based on the following bets:

Bet 1:
Bookmaker: BetMGM
Market: Alternate Team Totals
Outcome: Gonzaga Bulldogs Over 72.5 points
Odds: -105 (American Odds)
Stake: $580.35

Bet 2:
Bookmaker: DraftKings
Market: Alternate Team Totals
Outcome: Gonzaga Bulldogs Under 72.5 points
Odds: +170 (American Odds)
Stake: $419.65

To assess this arbitrage opportunity, the odds are converted to decimal format for accurate calculations:

Bet 1 Decimal Odds: 1 + (100 / 105) = 1.9524
Bet 2 Decimal Odds: 1 + (170 / 100) = 2.70

Discussion of Potential Outcomes

Calculating the potential outcomes for both scenarios:

If Gonzaga scores over 72.5 points:

• Bet 1 Wins:
  Payout: $580.35 × 1.9524 = $1,133.08
• Bet 2 Loses:
  Loss: -$419.65
• Net Profit:
  Total Payouts: $1,133.08
  Total Stakes: $1,000
  Net Profit: $1,133.08 - $1,000 = $133.08

If Gonzaga scores under 72.5 points:

• Bet 1 Loses:
  Loss: -$580.35
• Bet 2 Wins:
  Payout: $419.65 × 2.70 = $1,133.06
• Net Profit:
  Total Payouts: $1,133.06
  Total Stakes: $1,000
  Net Profit: $1,133.06 - $1,000 = $133.06

In both scenarios, the bettor secures a net profit of approximately $133, indicating a successful arbitrage bet.

Conclusion

This analysis demonstrates a clear arbitrage opportunity in the sports betting market, offering a potential profit regardless of the game's outcome. By strategically placing bets on both the over and under markets with different bookmakers, bettors can exploit the discrepancy in odds to their advantage.

Disclaimer

This analysis is intended for informational and educational purposes only. It does not constitute financial advice or a recommendation to engage in arbitrage betting or sports betting. Always gamble responsibly and be aware of the laws and regulations in your jurisdiction.