DraftKings Arbitrage betting & matched betting (2023)
In this article, you will find out if DraftKings arbitrage betting and matched betting at DraftKings are possible and if they are worth it or not.
I have started my professional sports betting career back in 2013, since then I practised over 5-6 different strategies with the help of over 10 software.
DraftKings is one of the biggest betting sites in the USA with an excellent interface and offers. Unfortunately, the majority of bettors (over 96%) will lose in the long run.
This article with DraftKings betting strategies and tips are based on mathematics (most of them) and will help you take the next step towards successful sports betting.
Many bettors can win even at DraftKings using winning strategies like matched betting, value, and arbitrage betting. But there are some other tips and tricks that can generate a decent long-term profit.
1. Matched betting at DraftKings
Matched betting or bonus hunting is the easiest betting technique. Tens or maybe hundreds of thousands of bettors have already made insane amounts of profits with this betting strategy.
Matched betting at DraftKings is not the most profitable, but probably the easiest strategy to make a guaranteed profit.
The goal of DraftKings and many other betting sites is to attract as many new customers as possible.
These free bets and other bonus offers will motivate many people to deposit money in the hope of making some profits with it.
How can you earn money from matched betting at DraftKings?
The basic steps are:
- The bookmaker is offering a bonus after your deposit (20% of your initial deposit up to $5000)
- You place a qualifying bet at DraftKings
- Cover the other outcome of the same market at another betting site
By following these simple steps, you will complete the rollover requirements for these bonuses without risking your initial deposit or the bonus itself.
Matched betting at DraftKings or other bookies is not that simple, you need to follow other rules too to not get caught too soon.
In the following article, you can find more information about the steps in matched betting.
On the other hand, I want to mention OddsJam. It is the perfect matched betting software in the USA and for DraftKings as well.
Check my OddsJam Review and read more about this great tool.
They cover over 60 bookies from the US and display matched betting opportunities in their Bonus Cruncher tool.
For matched betting, DraftKings is not the best US bookie. You can find other ones with bigger bonuses and better terms.
Matched betting at DrafKings is the simplest and most straightforward betting strategy a beginner wannabe smart bettor can ever try. But the amount you can make in a month only with this bookie is not outstanding.
This technique by itself will generate ~$700-$800 from the first deposit and some additional sums if you get more bonuses down the road.
But combining bonus hunting at DraftKings with other bookies is the best route to follow. A bettor with a decent starting capital and some knowledge about matched betting can easily make over $6k-8k in the first month.
How to get free money with matched betting on DraftKings?
Free bets are offered to many bettors. You can convert these free bets with matched betting at DraftKings with the help of odds comparison tools.
Getting free bets will appear fairly common on your account if the overall balance is in loss and your account is not flagged for smart betting.
2. Arbitrage betting at DraftKings
Arbitrage betting at DraftKings is one of the most profitable yet almost risk-free betting strategies for making guaranteed profits.
I’ve been practising arbitrage betting for many years now.
If you have never heard about arbing or sure betting, below you can find some tips and a short guide.
This strategy is based on finding odds differences between bookies. Bookmakers are making a ton of mistakes on daily basis.
Often, they can’t keep up with the amount of information they receive about players or teams.
Odds differences between bookies can be because of not getting info fast enough or their reaction time is slow and bettors can take advantage of these mistakes.
Every time DraftKings offers an outcome with wrong odds, you can take advantage of it and make a guaranteed profit.
Your task is to place a bet on the wrong odds at DraftKings and cover the other outcome at another bookie hopefully that has sharp odds.
This betting trick can be used not only at DraftKings, but arbitrage betting at many US bookies and can be extremely profitable. Many people like myself succeeded to practice it for a living.
They are offering decent odds and also a lot of good markets. But the biggest reason arbitrage betting at DraftKings and bookies like BetMGM are so profitable is the high maximum stakes and the possibility of depositing bigger amounts without any problems.
Arbitrage betting at DraftKings can be practised with multiple methods.
You can use them as the bookie where:
- you only cover/hedge your bets on them
- take advantage of their wrong lines and cover the other outcome at another bookie
You will need access to more betting sites, but my best tip for DraftKings is to give this strategy a chance.
OddsJam is offering one of the best premium services for arbitrage betting at US bookies.
Their software displays the majority of overpriced odds by supporting sure betting and many other strategies.
You can read more about them in my OddsJam Review.
You can also take a look and try their Free version with the 7-day free trial.
When you are ready to start making profits from arbitrage betting at DraftKings, check out my article on how to find arbitrage bets for the top three bulletproof methods.
Arbitrage betting at DraftKings is only possible with the help of the best tools. You can opt-in for cheap services, but based on experience non of them will display betting opportunities in a reliable time frame. In most cases, you won’t be able to place sure bets at DraftKings because of odds being already changed.
I have a dedicated article on arbitrage betting software in the USA with a detailed presentation of the top services that cover US bookies and have a decent scanning speed.
DraftKings betting tips, tricks, and winning strategies
1. Follow only reliable tipsters
With the predictions of a reliable and profitable tipster, you can easily beat DraftKings in the long run.
Many bettors have enough experience and a working strategy that is allowing them to offer valuable predictions.
The majority of successful bettors want to stay under the radar, but many of them are willing to open tipster accounts on platforms like Tipstrr.
It can be challenging to pick the right tipster that can support your DraftKings strategy or betting trick.
My best DraftKings betting tip? – follow tipsters who offer over 15-20 betting tips each week and have a betting history from the past 6-8 months.
The biggest advantage of following tipsters on this platform is that every individual tipster is motivated to offer quality predictions. They can’t manipulate the betting history. No matter if you are successful or not, the statistics will mirror it.
You can also check my Tipstrr Review.
Paying 10-25 USD a month for quality predictions is worth a hundred times more than those tipsters from Facebook and Instagram ads.
Check my similar article about the Best betting tipster service and top sports tipster services.
2. DraftKings tips and strategies with statistics
Some sites are offering excellent and very useful soccer statistics databases. With the right strategy and access to similar software, you can make a decent long-term profit.
If you are looking to find a bulletproof betting strategy or trick for DraftKings, matched betting and arbitrage betting are perfect.
But using statistics software can also help you beat the bookies in the long run. The only real downside of these strategies is that you are not covering each outcome.
This way you can beat DraftKings in the long run only.
I have used two soccer databases. One of them is ZCode System. With this site, you can get more accurate football predictions with the help of their Artificial Intelligence-based interface and data. It means you can boost the profitability of your strategy based on purely historical data.
Another excellent software I used is called PlayThePercentage. They are also covering tens of thousands of soccer matches each year. Based on the historical data they store, you can get percentage-based predictions.
The only thing you need to do is apply some filters or compare head-to-head for teams and get predictions in a percentage format.
If the odds at DraftKings exceed the statistical chance of an outcome, you can check the in-play stats and place bets if the match also mirrors the same result.
You can read more about these services in my following review about soccer statistics software.
3. Earn from DraftKings with Value Betting
Following value betting strategies was one of my best decision and also my best tip for DraftKings betting. This betting technique is very similar to arbitrage betting. For value betting at DraftKings, you need to find wrong odds/overpriced markets compared to sharp/accurate bookies like Pinnacle.
It is a simple mathematical betting strategy that can be applied to almost every bookies and DraftKings as well.
The biggest advantage of this betting trick or technique is that bookies can’t spot it so easily.
My value betting results on basketball: ~ three weeks of betting
If you are not placing bets on obviously wrong odds, in-play value betting is the most profitable betting strategy and trick for DratftKins.
Value betting at DraftKings and at other bookmakers too has some advantages and downsides too.
The biggest plus for this earning trick is the maximum profits you can make. Earning over 2k-3k USD in a single month is more than possible at US bookies.
This strategy is the most profitable even if you compare it to matched betting, arbing, or even trading.
So, what are the downsides of this strategy at DraftKings?
Bookmakers don’t like profitable bettors. Each of them has to support even smart bettors for a while. But the majority of accounts that use smart betting strategies such as value betting, or arbing will face some level of limitations.
DraftKings is not different from other bookies. They might have high stake limits, and they will support smart activities for a longer time compared to many bookies from the EU, but eventually, they will close winning accounts.
On the other hand, winning with this strategy at DraftKings is not guaranteed every time. Your bets are not covered, so a lot of the time you will face longer losing streaks.
Don’t be afraid, if you are beating the lines with a positive expected value on your bet, eventually you will end up with big profits.
OddsJam is the perfect and only value betting software for US bookies. Check my OddsJam Review and read more about them.
4. DraftKings tips and tricks for in-play betting
DraftKings is offering excellent in-play markets and odds. But this positive side is making them vulnerable to bettors who practice mathematical betting strategies.
The betting markets and the odds at DraftKings have been generated automatically with algorithms. But in several cases, these programs can’t take into consideration each human factor.
These odds are generated based on the history of data. But sports are played by humans. And not even the most professional players can offer the same performance every time.
If you have deep knowledge about sports like tennis or basketball, you can easily spot profitable opportunities at DraftKings.
A lot of the time if you are watching the stream, you can find moments for an almost guaranteed profit.
Think about it! Can a tennis player offer the same performance with injured shoulders?
Will a basketball team score 45 points in a quarter, if both of them are playing defensively after a time-out?
An article that might be interesting for you: Basketball betting tipster site
Bookmakers can’t notice every change like this. But you most definitely can take advantage of them.
This strategy is also called value betting. But in this case, you are not comparing odds to another bookie.
Spotting these mistakes can offer your DraftKings strategies a great advantage against the house. This requires some experience, but if you start value betting, you can notice many things.
5. Make money at DraftKings with bots
Programming is a very useful skill paired with sports betting. Building programs/software that can place bets automatically is not a new strategy and can be applied to your DraftKings strategy as well.
A lot of bots (software) were created over the years. The most common ones were programmed to place bets on exchanges like Betfair or even at DraftKings.
The main problem with them is the greed of these bettors. Betfair is welcoming this activity, because they are generating money no matter which outcome wins.
Players are betting against each other, and the winner is paying a commission after the bets.
On the other hand, bookies like DraftKings are making money because of the profit margin they have on the odds.
Betting bots can generate profits in a guaranteed way. Some of these bettors were/are using multiple accounts with these bots.
You have to be a very skilled software developer to scrape yourself through their filters.
These robots can make money with your DraftKings strategy by placing value and arbitrage bets. This part of the article was only for informational purposes.
Finding a developer who will share a program like this is very unlikely (even if you offer several thousand of euros).
6. Casino offers at DraftKings
There is a basic marketing strategy used by bookies. Each bookie knows that sports betting is a weak spot. But casino offers are harder to exploit.
Only a handful of people can complete bonus requirements without losing the offer itself.
But DraftKings and the other bookies too are offering Free Spins for slots. If you get lucky, winning a decent amount is not impossible.
How much can you earn from betting at DraftKings?
If you are using other bookmakers too, you can make more than 800 – 1500 dollars in a month with the help of DraftKings and some software like OddsJam.
The amount you can make at DraftKings depends on your knowledge, access to other bookmakers, and the amount of time you are willing to work.
Making a living only with this bookie is hard. No matter how good you are at hiding your smart betting activity, in the long run, you will win.
They don’t like winners, so your account will be limited sooner or later.
There are several steps to follow to delay limitations, but you can’t avoid them.
Can you get rich with these DraftKings betting tips and tricks?
A lot of bettors made a fortune by betting at DraftKings. For some of them, even 10k dollars of profit in a single is normal.
But can you replicate the same performance? Well, most bettors won’t get to that level, while other persistent players can succeed.
My similar article: FanDuel arbitrage betting
FAQ
Betting strategies such as arbitrage and matched betting are the best for winning every time in DraftKings. Both of these betting techniques are based on simple mathematical betting steps.
Winning bets at DraftKings is easy only with the right mathematical betting strategies. Matched betting and arbitrage betting are offering an easy way of generating profits at DraftKings.
Value betting based on overpriced odds or statistics is the most effective betting strategy to win big on DraftKings. This strategy will generate long-term gains if you can beat the betting lines of DraftKings.
I’ve been sports betting since 2013 and based on my experience value betting and arbitrage betting are the best strategies for winning at US bookmakers such as DraftKings. Both of them are based on simple mathematical steps.
Arbitrage and matched betting are the only strategies to win every time you place bets at DraftKings. Both of these techniques require spotting odds differences between bookies and cover both outcomes at different betting sites.
My best tips, strategies, and tricks to beat DraftKings, in the long run, is to follow mathematical betting strategies such as value, arbitrage or matched betting. Following reliable tipsters or bulletproof statistics are also a viable route to beating the bookmakers.
Free bets on DraftKings or at any betting sites, in general, can not be withdrawn by using the early cash-out option. Once the event is finished and your bet is won, you can withdraw your winnings. In this case, only the profits will be added to your balance as a withdrawable fund.
Some bookies might also require to complete minimal roll-over requirements with the profits from your free bets in order to cash out.
