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Parlays allow bettors to combine multiple events (or bets from the same game) into one wager for a larger potential payout. While the risks also increase with additional bets, many players find that risk worthwhile.
One such example is FanDuel’s Same Game Parlay and its derivatives like Same Game Parlay Plus (SGP+) and Live Same Game Parlay.
In the paragraphs below, we’ll elaborate on the nature of all these promotions and highlight the relevant conditions so users can get the most out of their wagers.
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How Same Game Parlays Work
The process to use any of these versions of the Same Game Parlay are basically the same. Users will combine two or more bets from the same game by reviewing the available bets on the platform’s Same Game Parlay tab.
From there, users will select the legs of their parlay and pick the amount they want to bet. The payout display is a useful additional feature on FanDuel. Players will see how much they could potentially win with their parlay on that portion of the betslip.
Finally, users can track the progress of each leg of their parlay on the FanDuel platform. FanDuel is also one of the few sportsbooks is the country that offers smooth tracking of bets in progress in their bet slip, so players can often watch their parlays unfold in real time.
That’s it! It’s very simple and users have the chance to win hefty payouts with the parlays. Obviously, parlays pose larger risks than traditional straight bets because each leg of the parlay has to hit for users to win. That being said, the payouts can also be much bigger.
Users can combine a moneyline wager, with specific player props.
Same Game Parlay+, Explained
FanDuel’s Same Game Parlay is one of the most popular products on the market, and naturally users have started to get more and more aggressive with SGP+ wagers.
An SGP+ simply combines an SGP with something else -- so it could be two Same Game Parlays together, or combines a Same Game Parlay with other wagers like a spread or total.
Here’s an example.
Say you want to bet Warriors guard Stephen Curry to score 40+ points and Warriors center Kevin Looney to get 10+ rebounds in Warriors vs. Kings. That’s priced at +1500. You can also add 76ers -10.5 to that parlay to create an SGP+, and the payout will now be +3000. Again, an SGP+ just combines one SGP with other wagers.
So why is there a distinction? Because prices in an SGP environment behave differently than the same prices outside of it. For example, if you parlay Curry over his point total and the Warriors to go over their team total, both at -110, you won’t get a +260 two-leg parlay payout like a regular two-leg parlay because those bets are correlated. If Curry goes over, the Warriors are more likely to go over, so FanDuel will give you a worse price.
So if you want to combine Curry over 28.5 points and the Warriors team total over 120.5 both at -110 and add the 76ers -10.5 at -110, you’re not creating a three-leg parlay with all legs at -110. It’s a two-leg parlay in which the first leg is the Curry/Warriors SGP (which will be about +190) and then the -110 leg.
Therefore, your SGP+ parlay will be priced at +450, instead of the +600 a three-leg parlay with all bets at -110 normally pays.
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