Arbitrage opportunities are my favorite opportunities. It's risk-free cash backing both sides of a prop or bet. It means I can root for whoever I want in it, knowing my profit is a given, no matter who wins.

Yesterday was an excellent day for arbs using Pickwatch's BetSmart tool.

At 2pm, our BetSmart tool generated a huge pair of +3% arbitrage opportunities in the MLB.

Our top users were on the 3.3% Nathan Lukes total strikeouts arb, for a $19 profit. By betting $266 on the over 0.5 at ESPNBet, and $300 on the under at Bet365, those users banked $19 for nothing. If those stakes seem high, it's really a case of comfort. If you're just getting started with arbitrage betting, try making those stakes a little lower until you see how it works.

With the Sox and Blue Jays wrapping up at 5pm, the timing was perfect to get on another arbitrage opportunity, this time in the MLS. Today's biggest arb was 7.1% via Lionel Messi and Inter Miami

As you can see, our friends at Fanduel and Draftkings managed to offset each other with their odds on the over/under total goals in the game between Messi's Miami, and New England Revolution. Betting the over at Fanduel and the under at Draftkings yielded a huge profit, with stakes of $300 generating a $41.60 profit, as the under eventually was the winner in a 2-1 win for Inter Miami.

New to Arbitrage betting? Check out our guide here.

That's the beauty of arbitrage, it really didn't matter if Inter Miami had scored 100 goals, or it was an anticlimactic 0-0 affair. All told, some users yesterday generated $60+ profit for nothing in just one day.

All told, the MLS has been a real boon for arbitrage betting recently. Over a 2 day spell this week, the MLS generated three 3.9%+ arbitrage opportunities in the game total goals market. That's a hell of a lot of free money. Smart bettors can make the most of this by betting on markets earlier in the day too.

As always, BetSmart tracks millions of betting lines in real time to highlight when these markets are available. There are lots of different tools to suit your level of risk, whether it's no-risk arbs, converting promos to real cash, or using Wall Street style Positive EV methods to find mispriced odds. Click here to get a 7 day free trial (new users only)