What Is A Same Game Parlay?Ī Same Game Parlay (SGP) is similar to a traditional parlay, except all of the bets in an SGP are from the same game. The obvious drawback to parlay betting is that they are harder to win because you are dealing with multiple wagers combined into one bet. The benefit of a parlay is that they allow bettors to chase larger payouts while keeping their stake low. You then multiply all your decimal odds together, and that result is the odds of your parlay. To determine the odds of a parlay, you convert American odds into decimal odds. If you have five different bets (also called legs) in your parlay and successfully pick four of the five results, you will still lose your parlay. It is important to understand that to win a parlay, every event that is added to the parlay ticket must win. In sports betting, a parlay combines multiple bets to make one large bet.Īlthough parlays consist of multiple events, they are treated as a single wager.
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