A day after hosting unlimited profit boosts on two Ravens spreads to offset a massive liability on the Texans, ESPN BET hosted a similar one on the Chiefs moneyline.
Across the market, the price had been roughly +130. That price got boosted to +150 at ESPN BET, with some users able to put in upwards of $500,000. Others, however, were only able to put down as much as $100. It all depended on your prior limits.
Meanwhile, the Ravens boost saw ESPN BET increase the odds on Ravens -9.5 from -110 to +110 and Ravens -10.5 from +110 to +140.
All three of these boosts, of course, won, costing the sportsbook handedly in profits, with plenty of bettors slapping massive wagers on the three lines because of arbitrage opportunities.
For instance, while the Chiefs were priced at +150 at ESPN BET, some sportsbooks were pricing the Bills at -140. Betting $1,000 on the boosted line and $1,458.33 on the Bills would net a bettor $41.67 no matter the result of the game.
HERE WE GO AGAIN – another FREE money opportunity 💰. @ESPNBet offering KC at +150 today, however, today's offering has a bit of a catch.
SOME users can bet millions, yet others can only bet $100.
After losing money hand over fist yesterday, why would they do this? 🧵 https://t.co/IyIJkOExwK
— Jake Benzaquen (@jakebenzaq) January 21, 2024
