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The Full Story

New Jersey Sports Arbitrage Start-up Flourishes Against All Odds


Meet Jacob Nelson and Jordan Feigenblum, the two college roommates who started a unique business. Nelson and Feigenblum met as they were placed in a room together their freshmen year. They became fast friends, and after the pandemic, the two decided to plan a trip to the west coast. While filling up for gas at a Costco gas station there, they thought of their business idea: Sports Betting Arbitrage.  What started as a serendipitous moment at a Costco gas station has now blossomed into a successful sports arbitrage enterprise, managing millions in wagers and generating a remarkable return of over 20% for their clients.


We did it for ourselves then our friends then eventually it into a business


Born out of their passion for sports and astute financial acumen, Nelson and Feigenblum embarked on a relentless pursuit to bring their idea of sports betting arbitrage to life. They knew that finding an edge in the highly competitive sports betting market was no easy task, but they were determined to carve out their niche. Eventually, Nelson and Feigenblum created a business to help people take advantage of sports sign up offers and promotions without incurring any risk.


Their journey was far from smooth sailing. In the early days, they faced countless obstacles, from skeptical investors to complex mathematical frameworks. Undeterred, they dedicated long hours to studying sports betting patterns, analyzing odds from various bookmakers, and fine-tuning their strategies. They poured their savings into research and development, learning from their failures and evolving with each setback.


The turning point came when they discovered a unique method of exploiting discrepancies in odds offered by different bookmakers. Their value proposition developed, as explained by Jacob: “The emergence of sports betting websites and apps has become increasingly prevalent over the past couple of years. These mobile platforms provide consumers with the opportunity to engage in sports gambling. Due to the highly competitive nature of the sports betting industry, many companies within this sector have introduced enticing promotional incentives for new users. Such incentives may involve matching the initial deposit up to $1000 or granting $1,250 in risk free bets upon registration. However, it is important to note that most of these promotions come with specific conditions, typically requiring users to deposit and wager a predetermined amount before the free credit is awarded. By placing bets on opposite sides of an outcome across different sports apps, consumers can fulfill all the requirements and ultimately retain the value of these sign-up incentives. Our company, SmartBet Solutions, specializes in providing individuals with a comprehensive knowledge and understanding of the sports arbitrage process, thereby enabling customers to capitalize on these offers”.


From BOGO deals at the grocery store to signing up for new credit cards offers, sign up incentives are nothing new. The promotional landscape has never been greater than in this sports world because the industry is so new. Similar to those who take advantage of credit card incentives and points, Jacob and Jordan have become specialists in taking advantage of the incentives in the sports industry. By carefully placing bets on opposing outcomes of a single event, they could guarantee a profit regardless of the final result. Jacob and Jordan have taken it a step further, by guaranteeing the capital their investors put into the world of sports betting. Their company, SmartBet Solutions, gives people one on one coaching, walking people through the process of using the sports promos in a risk-free way. The service is available to any and all individuals aged 21 or older who have never made sports betting accounts and are physically in a state where sports betting is legal. The beauty of it is that it requires no prior knowledge of sports or sports betting in order to participate.


With their strategy in hand, Nelson and Feigenblum began attracting clients who were eager to capitalize on their expertise. Word of mouth spread, and soon their client base grew exponentially. As their reputation soared, so did the volume of wagers they managed. From humble beginnings, their business flourished into a trusted entity within the sports betting community, advising on wagers for over 750 clients. Their business currently operates in all states where sports betting is legal (AZ, CO, CT, IL, IA, IO, KA, LA, MD, MA, MI, MS, NH, NJ, NY, OH, OR, PA, TN, VA, WA, WV, and WY).


Looking ahead, the duo envisions expanding their operations. With the legalization of sports betting sweeping across the nation, they see a tremendous opportunity to establish a presence in multiple states. Their long-term goal is to create a comprehensive platform that offers innovative betting tools, educational resources, and personalized insights to both casual bettors and professional gamblers alike.


Their story serves as a testament to the power of determination and the pursuit of one's passions. From an impromptu conversation at a Costco gas station to managing millions of dollars in wagers, Nelson and Feigenblum have defied the odds and have gained a true foothold in the world of sports betting arbitrage. They are always looking for people to join them as clients and welcome any and all to reach out to with any questions. With their unwavering spirit and ambitious vision, they are poised to leave an indelible mark on the industry for years to come.

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