Most sportsbooks in the 21st century banned parlays because two bets correlate. Those sportsbooks did not want the bettors to get the full multiplier of parlay offers. In 2019, FanDuel Sportsbook paved the way for same-game parlays (SGP). Bettors can now create parlays on the same game legally.
How does same game parlay work, and how is it different from regular parlays?
What Is a Same Game Parlay Bet?
Same-game parlays are low-risk but high-reward strategies bettors do to gain bigger payouts, which work by allowing punters to combine their wagers in one umbrella bet. Same Game Parlay (SGP) is a quick and easy way to bring importance and excitement to each part of the game.
Another good thing about same game parlays is how it does not depend on the overall score of the players. You can freely choose from the player props, game total, or winner from a single game. You can watch the 3-leg parlay hits from start to finish.
You cannot parlay every game in every season. You can only do parlays on the following:
A one-game parlay example is in the NFL by betting on one of the games of the 2022 season. Bettors can expect great returns for a small bet.
What Are Parlays?
A parlay is a combination of two or more wagers linked together to create one bet with a higher payout. However, all of the preferences should win to cash out your bet. So, if one of the wagers in the parlay loses, the whole parlay also loses.
Due to the risk, parlays with numerous legs have high payouts. Even two-leg parlays offer a large return than the sum of two wagers.
Some betting sites do not allow parlays as this can cost them lots of money. Fortunately, some sites offer parlay betting. You can parlay over/under, player props, money lines, point spread, and more.
People create parlays using sportsbooks to get higher and higher parlay payouts by adding more games than teams.
Same Game Parlays Tips and Strategies
Here are some tips and strategies that you can use to do single-game parlays and make bookies give you most of their money.
Bet on the Crowd's Favorites
Betting on the favorites with same game parlays offers a great value. If you have four options at (-200) odds, it would bring back a $50 profit for a $100 bet. If you bet on three players together with (-200) odds, you will gain around $250.
Keep Your Parlays Bet Secured
If there's a negative thing about parlays, it is that if you lose in one game, you will not cash out the rest of your winnings. So, as a bit of advice, you can keep your parlays secured or tight by sticking to three or five-leg games, such as a round-robin parlay.
The payout will not be as big if you are betting on ten games, but if you follow this single-game parlay strategy, you will have a higher chance of winning.
Start Betting Low on Longer Parlays with Worse Odds
This tip may be odd to most bettors, but not in SGP. You could lose your money if you go all in. Remember that in parlays, one loss is equivalent to losing every win. If you want to be sure, you can start by betting as low as $10.
As it accumulates, you can win hundreds or thousands of dollars.
Place Your Bet on the Player Having a Big Game
One characteristic of a same-game parlay is you can bet on a single player in different matchups. We can use NBA as an example. You can see some players acing three or more categories. One of the top strategies you can use in an SGP is finding an exploitable matchup.
Put Your Best Bet on a Strong Pair or Trio
Sometimes, it is hard to find a single player or team that will excel in several categories. That is why some bettors prefer a strong trio or pair that will work together. If you are betting on NFL, you may consider having two Chiefs pass-catcher if you think one is weak.
Find the Best Sportsbook to Bet
It is crucial to find a sportsbook that will give you agreeable odds. Having a great sportsbook can help you win a same-game parlay. A good sportsbook saves you from lacking one point and losing the entire game.
Top Same Game Parlay Sportsbooks
Here are the top sportsbooks where you can bet on one-game parlays.
BetMGM is also available in most states that allow legal sports betting. This sportsbook offer insurance in the form of a periodical promotion. Bettors can select multiple categories available on BetMGM. It offers NBA, NFL, UEFA Champions League, and many more.
BetRivers & SugarHouse
BetRivers and SugarHouse are practically the same. The same company owns them, but they are in different states. BetRivers is legal in Arizona, Colorado, Illinois, Indiana, Iowa, Louisiana, Michigan, New York, Pennsylvania, and Virginia.
SugarHouse operates in Connecticut, New Jersey, and Pennsylvania. In these sportsbooks, you can bet on some soccer games, college football, and the NFL.
FanDuel was the first sportsbook to market with same-game parlays. Until now, FanDuel is taking the lead when it comes to SGP. Unlike other competitors, FanDuel's pricing is transparent, and they have various props to bet.
It does not contain as many bet types as DraftKings, but they are good enough. It offers to bet on NBA, NFL, NHL, and MLB games.
Read our review of FanDuel sportsbook and casino.
PointsBet has great SGP offers and other lottery-type betting options. It has similar betting options as DraftKings but with better and more transparent pricing. It is legally open for bettors in Colorado, Illinois, Indiana, Iowa, Michigan, New Jersey, New York, Pennsylvania, Virginia, and West Virginia.
DraftKings Sportbook is currently available in 19 different states. The SGP options in DraftKings are baseball, football, and basketball, among other sports. You can find events easily because they have a +SGP tag. Turn on the options, and you will find all available bets.
Pros & Cons of SGP Betting
- Bettors can add various wagers from different categories for one game in a same-game parlay.
- There is an enormous potential for getting higher parlay payouts on a relatively small bet.
- Bettors can immediately see the outcome since single-game parlays are accomplished in just one game instead of several games.
Are parlays worth it?
Parlays are worth it since they give bettors a chance to win a larger amount of money. If you know how to choose the right sportsbook and the right players, you can have an edge in doing same game parlays.
Can you cash out same game parlays?
You can cash out your winnings at any point in an event if the sportsbook platform allows it. If this feature is available, you can cash out your bet anytime before the event begins.
How do you win a same-game parlay?
You can win a one-game parlay by finding the most potent player or players of a team in each leg of the game. If you combine more bets, you can win a bigger payout.
Can you bet on a same game parlay twice?
No specific rule says you cannot bet on the same game twice. By betting on the single-game twice, you are just basically backing up your first bet. However, you reduce your chances of betting on another potential leg of the game.
Can you parlay the first half?
Most sportsbooks do not allow bettors to parlay on the first half of major sporting events. If gambling sites allow bettors to bet on the first half of the game, they will be out of business sooner than later. It is because the first half is nearly predictable. Therefore, many bettors have a bigger chance of winning if they can include legs for the game's first half.
Same Game Parlays (SGP) give more advantage to bettors, especially if they know how to play it right. Understanding the tips and strategies in this article will guide you in doing SGP. Study the best sportsbooks available near you and the best players per category in an event to help you win.