Jan 27, 2020 FanDuel are the first online sportsbook to have launched the Same Game Parlay in the US. A Same Game Parlay combines bets from the same game. For instance, in a NBA game (let’s say Los Angeles Lakers vs New Orleans Pelicans), a same game parlay could contain the following bets: Lakers to win (Moneyline). FanDuel Same Game Parlay Picks: Tampa Bay Buccaneers vs. New Orleans Saints. One of the absolute best things about FanDuel has been the addition of the Same Game Parlay.The Same Game Parlay allows users to parlay game bets, like spread, moneyline and total, with player and game props from one game.
The dream of many a sports bettor is to land a juicy parlay that returns a bumper pay day. While there is divided opinion on the merits of betting parlays one thing is for certain. If you could find outcomes where the effect of one leg winning actually increases the chances of the other legs also winning, then betting parlays would be a no brainer. Seems like the perfect recipe to beat the odds right?
- When placing a parlay bet online, the bet slips automatically calculate your combined parlay odds, and the potential payouts once you have entered your stake. Types of parlay bets The most popular types of parlays are Against the Spread Parlays and Teasers but you can parlay many different types of bet and even a mixture of bets in the same parlay.
- The Same Game Parlay allows users to parlay game bets, like spread, moneyline and total, with player and game props from one game. There are three bets for the NFC Championship Game between Tampa and Green Bay that I have my eyes on, and I’m going to take advantage of FanDuel’s generosity and package them in a 3-leg parlay to try and win big.
For example, imagine if you could bet on the LA Rams to win their division and then parlay that with them going on to win the Super Bowl. By winning their division they not only qualify for playoffs they earn themselves home field advantage and avoid the tougher road of going through the wild card round. Of course this would mean their chance of winning the Super Bowl has increased dramatically and therefore your imaginative parlay would become a really good bet.
Sadly this apparent loophole was closed by sportsbooks a long time ago, if it was ever even open at all. The reason being the outcomes are correlated. No sportsbook will ever expose themselves to this type of increased risk. Or would they?
Just when you thought you had seen the best the parlay world has to offer, along comes the same game parlay!
What is a Same Game Parlay?
A parlay where each of the included legs are pulled from the same game and as a result are correlated to some degree. The odds are adjusted to account for the correlation otherwise the edge would move too much in favor of the bettor. The Same Game Parlay often links outcomes such as the point spread, over and under points total and individual player props from the one game. They give the bettor a deep investment and interest every play.
If nothing else, the Same Game Parlay is one way to crank up the entertainment value of an otherwise run of the mill game.
What are Correlated Odds?
Correlated Odds occur when the outcome of one event affects the outcome of another. From a sportsbook’s perspective this means if one bet wins it increases the likelihood that another bet will also win.
A simple example from the NFL would be betting on a particular player to score a touchdown and their team to win the game. Clearly if the player gets his touchdown then his team is at least 6 points better off which assists the moneyline bet to win also.
Here is a more complex example from the NBA. An underdog wins a game against a usually high scoring and favored opponent because the favored team has an off night shooting. Perhaps the underdog brought unexpected pressure on defense rather than getting involved in a high scoring shootout which they most certainly would lose. The fact the defensive pressure worked, meant that they were able to pull off the upset.
This unlikely moneyline result (outright winner) actually also favors the under on the points total and may also favor an unders bet on the key scorer from the favored team. It looks like this:
Clearly if the bettor were able to foresee this defensive tactic working before the game and understand the ramifications for the various markets there would be nothing stopping them betting on each of the above outcomes individually. Parlaying them however, is a whole different story.
The fact that a parlay works by multiplying odds means that the marginal edge the bettor may have landed by using clever betting intuition becomes hugely magnified as the odds are multiplied through each of the legs.
In the instance of the above NBA example the following odds hypothetically may have been on offer:
Let’s imagine, for the sake of the example, that the bettor recognised a plus expected value (+EV) scenario on the moneyline, that is, the odds were greater than the expected probability of winning. Then this ‘value’ they had obtained on the first bet multiplies through both of the coin flip points total bets. Of course intuitively seeing that the underdog would shut down the favorites offence the bettor had also spotted value in both those markets as well, essentially getting a great price on both of them. The multiplier effect makes this a potentially amazing return.
Fanduel Same Game Parlay Promo
Sportsbooks know the math on this better than most and as a result will never let correlated odds play. They do not want to be exposed to the chance that a bettor could outlay a smallish stake and reap a huge reward by coupling together outcomes that are linked. Fair enough I guess.
So Why Do Sportsbooks Offer Same Game Parlays?
The simple reason is they are a wonderful gimmick. This doesn’t mean they can’t work for you but like all things sports betting if the bookmaker is going to offer it then they most certainly believe they have an edge.
The edge created by the bookmaker is via an adjustment of the odds allowing them to take a higher margin on each leg of the parlay. This in effect reduces the multiplier influence and nicely accounts for the issue of bets being correlated.
In an early season NFL game featuring the Dallas Cowboys and Miami Dolphins the Point Spread line was installed at an unbelievable -22.5 due to the complete lack of confidence in the Miami roster. The Same game Parlay situation played out as follows:
Now consider a parlay bet on the
- Cowboys -22.5
- Total points over 46.5
- 4th quarter points over 12.5:
Had these three outcomes been from seperate games and in no way correlated the bettor would expect to land themselves odds of +633. Incidentally well short of the +700 three coin flips should yield before bookmaker vig, but that’s another story.
Due to the related nature of the parlay’s legs (and they are unquestionably related) the actual odds on offer are +271. Clearly if the Cowboys were to cover they would need to score plenty of points, this means the points total is likely to be covered. There is then a great chance that the final quarter will involve some junk time play and the 4th quarter total goes over as well.
That being said +271 is a mile away from +633 and when you factor in that by just betting the point spread you will already receive close to double your money, as a bettor, you really are biting off quite a deal of extra risk for no real gain. In fact if correlation was not factored in, simply combining the point spread and the 4th quarter over would yield +280. Astonishingly that is better than the three leg parlay combined odds.
It is no wonder sportsbooks love the Same Game Parlay!
Why Bet a Same Game Parlay?
Now that we have established that the dice is loaded in favor of the house when betting Same Game Parlays it begs the question: Why would you ever bet one?
That is a great question and all things being equal, it’s probably not a great idea to bet one ever. There are however a few reasons (or opportunities) that make them worth an investment of your hard earned money.
1. They are Undeniably Fun
There is no question having action on a game just adds to the entertainment. If you view a small stake bet as an investment in fun with the benefit of some bonus cash if it wins, then the Same Game Parlay is for you.
You could imagine watching a mid-winter Sunday Night Football game with some buddies in your basement and loading up a same game parlay that includes some combination of moneyline, points spread, total points and player props. Riding that baby home is certainly a ton of fun. If that is what you are after then next time consider a same game parlay.
2. Make The Most of Your Bonus Bet
If you have been lucky enough to land yourself a bonus bet through your online sportsbook then you could go a lot worse than throwing that free bet onto a same game parlay. In a situation where you are going to attend the game, invest your afternoon watching on TV or simply have an emotional attachment to a team, then sparing your hard earned and making the most of your bonus bet is certainly the way to go.
Unless they are deposit bonuses (in which case invest elsewhere), bonus bets are generally not large and only return the profit from the bet and not the stake. This means you are well served looking for longer odds to try and land a decent pay day. The Same Game Parlay is a great way to build that multiplier, ratchet up the entertainment value and perhaps land yourself some fun money.
3. Take Advantage of Promotions
The fact that the Same Game Parlay is significantly in favor of the sportsbook means they love bettors trying their luck with them. In order to encourage action, books will offer quite enticing promotions. For example these may take the form of insurance as either real cash back or bonus bets for missing the parlay by one leg. There are many and varied promotions linked to same game parlay’s across international sportsbooks.
The US is yet to see the Same Game Parlay in any major way. This will change. This form of betting is coming to the US market as it matures. Expect huge promotions tied to same game parlays. Do yourself a favor and make the most of them. Skew the odds back in your direction a little bit.
Who Offers The Same Game Parlay?
As it stands at the moment the only sportsbook offering the Same Game Parlay in the US is Fanduel. Their offering is available on all regular season NFL games and includes a huge range of markets.
Expect the number of books offering this bet type to explode.
The Game Starts Now!
The Same Game Parlay is new to the shores of the United States. This does not mean it’s totally new. Like most sports betting innovations the Same Game Parlay has been tried and tested in mature offshore markets. They may not provide bettors with exceptional value but as always if you have a sense of value and a strong betting intuition you may just find a way to carve out some profit from the Same Game Parlay. Watch this space!
Betting has always been a fun and at times, a lucrative adventure. The suspense the bettor feels as he awaits the outcome of the bet as well as the thrill that finally dawns upon the bettor after the bet pays out is incredible. To ensure that betting retains its fun factor at all times, numerous innovations have been developed and one of those is parlaying. Parlaying simply entails that winnings from an initial bet aren’t withdrawn instantly but are used for another gambling round. Parlaying has won many hearts of bettors as bettors stand to accrue successive wins from cumulative series of bets.
As if parlaying on its own wasn’t enough, Fanduel recently introduced a creative type of parlaying by the name ‘Same Game Parlay’. Below, we are going to explain in detail what Same Game Parlay is as well as how it functions and the advantages it gives to the player.
What Same Game Parlay is all about?
Same Game Parlay is a bet option that allows players to place two (often linked) wagers on a single game. As the wagers are often related, it in turn means that the outcome of one wager increases the chances of the other wager to win also.
To put the above into perspective, bettors are able to create a Same Game Parlay from a single match which includes:
- QB passing yards
- Home team points
- Half-time result
- Over/Under
- Point Spread
Just as we can note from the above, the Same Game Parlay by its very nature will skew the odds in the bettor’s favour as winning a positive outcome from the first wager will in turn translate to increased chances of winning the second wager. To re-adjust the odds/house edge to the house, the odds are correlated to some degree thereby making the house edge to favour the house.
Understanding Correlated Odds
The aim of the house when it comes to betting is to make profits. As such, all of the offerings of a sportsbook have an edge which favours the house. Same Game Parlay by its very nature has odds that favour the bettor more than the house as a result of linked wagers. To rectify this, therefore, the house adjusts or correlates the odds to avoid an edge for the bettor.
Where to Place Same Game Parlay Bets
It’s no doubt that many bettors will be looking to try out this new betting market. For those who would love to do this, the only place that they can try out Same Game Parlay is if they visit Fanduel as it’s the only gambling site which offers the Same Game Parlay. The Same Game Parlay is open to most sports that are supported at Fanduel from the NFL to the NBA.
How to Place a Fanduel Same Game Parlay
The only site that accepts Same Game Parlay bets at the moment is Fanduel. To place a bet, the first step is for the bettor to look for a match/game that he wants to bet on. Once done, he will be redirected to a page where all the betting markets for that selected match are. From here, the bettor will be able to opt for the Same Game Parlay bet and proceed to pick his preferred bet combination.
Once all is done, the bettor can wait for the match to start and afterwards, follow all the action live via the Fanduel ‘Live Bets’ section.
Why opt for Same Game Parlay
The prospect of placing two wagers on the same game and on the same betslip is appealing on its own. However, besides this, there are some other pull factors that attract bettors to Same Game Parlay.
- Allows the bettor to apply his sports knowledge
There is nothing more satisfying than being able to use the knowledge that you possess. Doing so gives one the motivation to continue learning new stuff as he will know that the knowledge he acquires will be useful in future. When it comes to sports, there are undoubtedly lots of sports enthusiasts who know every little bit of detail about a sport and/or a particular team. If you are one such person, then the Same Game Parlay allows you to use your sports knowledge to stand a chance of scooping some big rewards.
- An incredibly fun adventure
We have already stated that the fun factor is a major reason why bettors participate in sports betting. Well, when it comes to the Same Game Parlay, the fun is just doubled! There is nothing more exciting than watching your favourite NFL team play live while knowing that if anyone player scores a touchdown, your team is likely going to win and in turn, you will receives two payouts from a single staked bet.
- Benefit more from a bonus bet
From time to time, gaming sites and affiliates tend to offer promotional perks sometimes even in the form of wagering money. If you happen to benefit from such a monetary promotional perk, what better way to use your bonus funds than to place a bet with two linked wagers at the same time.
Same Game Parlay Fanduel Reddit
Round Up
Same Game Parlay Fanduel Picks
The Fanduel Same Game Parlay is a relatively new betting market. As a new betting market, not many bettors have had the opportunity to try it out. For those that would like to try it out, they can find some motivation from the Same Game Parlay advantages above. Of course, there is need to practice caution the first time by betting with low wagers.
Sports’ betting has been evolving and this has largely been necessitated by the impressive work of online bookmakers as well as software developers. One online bookmaker that has been putting in the work when it comes to making the life of punters quite simple and worthwhile is FanDuel. Just recently, FanDuel came with the FanDuel Same Game Parlay concept. This concept has been loved by many and in this article; we are going to explore more on this concept.
What is the FanDuel Same Game Parlay?
In simple terms, the FanDuel Same Game Parlay is an innovative concept which allows punters to combine multiple bets from the same game in a single parlay. To better grasp the notion of the Same Game Parlay, its better if we make use of an example.
Suppose there is an upcoming English Premiership Match between Manchester United and Arsenal. An online bookmaker may come up with several betting markets all targeting the event from traditional betting markets such as Correct Score, Match Winner, Double Chance to prop markets such as the first player to score, the team to score the first goal and the total corner count in regulation time among others. As there are several betting markets offered for the same game, punters who choose to create a Same Game Parlay would be able to combine multiple bets and place them on a single parlay.
In practice, the punter may firstly predict the team to win the match (that is, use the 3-Way market), afterwards, the punter goes on to predict the win margin that the winning team will win by (that is, use the Correct Score market). The punter also goes on to pick other prop bets for instance pick the player to score the first goal and proceed to predict the total corner count in regulation time. Essentially, this would mean the punter has created a parlay with four bets all from the same match!
How to Place a Fanduel Same Game Parlay
- The first step to placing a Same Game Parlay is to visit the Fanduel homepage. Punters simply have to make use of their web browsers to search for the FanDuel page (alternatively mobile users may download the official FanDuel app
- Once on the homepage, punters can proceed to scroll through the upcoming matches/events
- When the punter finds his preferred matchup, the next step is to click on the Same Game Parlay tab (this is located to the game start time on the left side)
- Clicking on the Same Game Parlay tab will reveal all the betting markets offered for the match – the punter therefore has to select his preferred betting markets and proceed to create the Same Game Parlay
Rules
There are a few important things to keep in mind when creating Same Game Parlays. Below, we share with you some of these:
- It’s important to note that Same Game Parlays are not always offered on all games – for the ones that are, you will see (SGP) next to the game start time on the left
- Same Game Parlays currently can only be created before matches commence, however, you can track how your bets are performing during the match when you head over to the ‘Live Bets’ tab
- Results obtained during regulation time only are considered