Stay-at-home mom Jaylin Palacio traveled to Arizona last year with a plan to sit in a hotel room and place thousands of dollars of bets on teams she knew nothing about. The 54-year-old had stumbled ...

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Arbitrage betting allows the placing of multiple bets on different outcomes across several sportsbooks. Why do this, you may ask? For a guaranteed win. Unlike traditional betting, where you’re relying ...

This as-told-to essay is based on a conversation with James Crosby, a 26-year-old Deloitte consultant from Arlington, Virginia. It's been edited for length and clarity. Online sports betting is legal ...