The odds pulse strategy and knowledge by book:

Your mileage may vary and this page will be updated with information that I know. Please confirm all house rules and terms and conditions for each book before putting money behind it. I tried my best, but cannot guarantee accuracy or whether this will work in your circumstances.

I have been live arbing for about 6 months in Colorado, the strategies I have used to becoming a profitable sports gambler have made me close to $70k usd in those 6 months. The following is how to best get into  it from zero.

(July 2023) First there are sign up bonuses; whenever you sign up, you are going to want to follow this strategy to optimize sign ups.

First make a Draftkings account.

Draftkings (currently) has the theoretically most optimal sign up bonus. They give a 20% heavily restricted deposit match you can max by depositing 5k. Once you wager through 25k, that deposit bonus will be unrestricted. Although if you are getting started this sounds like a lot to wager, it is not. A lot of the odds pulse strategy will require making many bets of the same pool of money, and you can expect to be able to bet through 25k on draftkings in a couple of weeks if you play consistently.

Draftkings also has a few other sign up promos they will give you on sign up, normally these are bet $5 and get $150 or get $200 in free bets if your first bet wins.

The DraftKings sportsbook is in our experience very generous with promotions when you are getting started, and you can expect around $50 of value in the form of promos to be given to you weekly. Also, after about 1 month of betting on their site consistently and heavily, I usually see gamblers get a notice via email that they are being considered for the VIP program, which is very generous. This is also a time where more scrutiny is put on your account by an actual person, so if you consistently beat their lines during this time or take advantage of their mistakes, they may restrict you. In our experience, I have been able to live arbitrage bet 300k+ on Draftkings before being heavily limited (sometimes less than $5). The vip program is covered more in our VIP program reviews.

In our experience the DraftKings sign up bonus does not allow double dipping (reclaiming when signing up in a different state)

In order to make the hedge bets necessary for Draftkings, I recommend you get Circa if possible (because they have no sign up bonuses), or Sporttrade/prophet exchange, or other low sign up bonus sites if any exist. This is because many of the other books are restrictive in that your first bet is the bet used for the sign up promo at their site. You will also then be able to use draftkings as the hedge book for the sign up promos on other sites and thus churn through the 25k wager requirement to unlock the full draftkings bonus amount. To our knowledge, circa is the most arbitrage friendly service in the US. (Sporttrade is also very pro arb) Circa has exceptionally low juice in their lines, take near zero time to accept bets, and accept very large amounts on live bets. I have bet nearly 1 million on their site, and have only once had a bet get declined. They also post limits on their bet sizes so they are easy to see, but very often I have had 1k/2k/5k limits and been able to bet more than that amount. This is by placing one 5k bet and then immediately after being able to place a second bet on the same line. (Usually odds change a little if you place a large bet on live Circa). – Information is outdated – Circa is undergoing a transition from suppliers and is no longer very usable. Hopefully they improve but probably not necessary to use Circa as of 7/15/23

Then you will want to get a Caesars account. Caesars has been operating a $1250 risk free bet promo for your first bet in established states for most of the last year, I don’t expect this to change. I have seen this promo able to be double dipped in multiple states as you are required to make a new account for each state. The best way to take advantage of risk free bets is to bet the full amount ($1250) on very long odds (+400 is good) and have a hedge book be a very low hold to that line (-410/-420, etc.) and to make a table that sums your profit on each side, pricing the free bet at the value you think the free bet should have (I usually think 70% of the value is achievable, so in the $1250 case, $875) and leveling the bet so you win the same amount regardless of which side wins.  It is very possible to get larger returns on free bets, 80%+ should be usually possible on live events, I often are able to get 90% and above, but MLB season tends to be a bit harder. Value the free bets at your own discretion. Anything less than 60% I usually consider a bad redemption, but is sometimes required in the case of heavily limited accounts. I will post in the discord if there are any really good opportunities for free bet redemption.

Once you have bet through the Caesars bonus, you will want to keep betting volume on Caesars high as well, they give very good promos and are historically very unlikely to limit accounts/bets. You should be able toe wager > $1million on their site without limits coming to your account, and I have wagered in the range of $5k single live bets many times without difficulty. They occasionally make very severe mistakes that we are able to profit significantly off of. I have gotten free Taylor swift tickets, avalanche tickets, nuggets tickets, and many bet and get promos and profit boosts from them. I love Caesars. Getting $500 out of the sign up bonus is very good but possible.

The Fanduel sign up promo is variable. It is generally a $1k risk free bet, however, sometimes it is better and sometimes it is worse. The best I have seen is a 3k risk free first bet (worth ~$1300) sign up bonus which was available over the week of Christmas 2022. They also had a $2500 risk free first bet during the NBA finals 2022. Currently they run a bet $1 get $200 promo. This sign up bonus is not very good and it is almost always better than this, however, it may not change and fanduel is usually a very good account to have. They usually accept relatively large bets relatively quickly. The most Severe that they limit in most states is 10% of the global maximum bet amount (you can find by typing a very large number into the betslip and it will tell you your max when signed in and if you sign out it will tell the global max) I have seen accounts with 200% of the global max limits too. They usually limit if an account bets predetermined events, such as betting on a baseball player to get a hit when they already have one. I have seen accounts bet millions without being severely limited. I was limited to 10% soon after hitting a broken player hit line. They also add love timers to limited accounts that can delay bets for up to 1 minute which makes things much harder. They also will stop giving bonuses/boosts to limited accounts. I have seen them give significant promos to live arb accounts, including large deposit matches and risk free bets ($1k+).

Bet Fred has a complicated sign up bonus that you will want to take advantage of early as well. There is no perfect way to redeem it so I recommend you use your own judgement, but the sign up bonus is usually something to the effect of bet $200, get $200, and then get $200 of losses back each week for the next five weeks. It is relatively difficult to force a loss, but you can try by focusing on long odds wagered on Fred. Fred is an exceptional book in our opinion. They usually give limits near $1k in profit per line, they make mistakes often, and their VIP program is betting volume based, so it is easy to get into, they give excellent promos in the VIP program too. I have bet a large amount on BetFred and have not been limited. They have the same odds provider as SuperBook, but they often make mistakes that SuperBook does not (such as leaving a line open after the game is over). I have had many difficulties with betfred location checks and app crashes limiting our ability to make bets, so be aware. They standardly give a 10s timer for live bets before placing. They accept larger bets pregame with manual review (I have bet 10k to win 5k).

The Barstool sign up promo is very valuable, it is a 1k risk free first bet, but they have given us barstool cash instead of a free bet in all cases. This makes the free bet once received worth nearly 100% of its value, meaning it is relatively easy to get $600+ out of this promo. They also have the same odds as BetRivers, unibet and a few others (Kambi), but they are migrating their odds provider to be theScore today (July 10th) the Barstool limits used to carry between all Kambi books. The new system is TBD. Barstool will limit relatively quickly (<$300k bet in our experience) I am unfamiliar with their VIP program/if they have one. They sometimes give offers to bet in person at a Penn casino and get promos. In our experience, they will remove all promos if you are limited. – This is Legacy information, new barstool information will be posted, but new known lowest limits are $1250 winnings for total, $1500 winnings for spread, $2500 for Moneyline, they also accept bets very quickly now.

The other Kambi book I use very often is BetRivers, I recommend putting most of your Kambi volume on Rivers after redeeming the barstool and other Kambi book sign up bonuses, as rivers has a very attainable loyalty program with very good promos. The rivers sign up bonus is usually around a $250 -$500 risk free bet in our experience they also usually offer many alternate lines, which can come in handy when needed for arbing/middling. The rivers loyalty program is especially good once level 9/10 is reached, they offer two monthly deposit bonuses (usually worth ~$250-$300) and almost every other day give a promo that is worth ~$50, sometimes it is worth $1000+. Once your Kambi accounts are limited they are virtually unusable. I have seen limits below $1 for a bet. I have not seen a removal of account limits on any account except Caesar’s and FanDuel. Withdrawa

Bet365 usually has a sign up bonus on the order of making your first bet of any amount and getting a free bet of a couple hundred dollars. They will be great to live arb with initially and they keep lines very poorly. Our experience is most other odds providing sites do a very bad job of capturing their odds for display with arbs. They are also usually quick to limit. I usually see people limited on bet365 as one of the first sites to get limited on, so take preventive measures by betting futures/parlays on their site and not abusing them frequently. In my case I had bet close to $100k on them by live arbitrage, usually making bets in the $500 range, and I bet the same LA lakers money line (which was significantly behind other books on this day ~5% arbing was possible for many minutes) 5 times back to back. A few hours later, my account was promo banned and limited to $15 profit on bets. They will generally have very strong global profit boosts 1 or 2x per week on the order of either team to score one touchdown or better. These are generally labeled as super boosts and will be obvious value plays or easy to arb with if desired. They are generally very good at accepting bets when your account is unlimited, and will almost never come back with a limited amount even in the low thousands of dollars bet on main lines live. They also have a strong offering of alternates in most cases. Our experience is that they do a very bad job of validating your location (required to bet) from the website, but they do a good job from the phone app.

More knowledge to be added…