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 Parlaying simply entails that winnings from an initial bet aren’t withdrawn instantly but are used for another gambling round.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.

• Fanduel Parlay Bet
• Fanduel Same Game Parlay

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.

The flip side — the part that makes parlays the darling of many bettors — is how sweet it is when these long-shot wagers do hit. A New Jersey bettor at FanDuel Sportsbook at New Meadowlands Racetrack experienced that side of the equation Friday night. His MLB/NBA six-team parlay came through, turning his $4,999 wager into a $525,867.50 payout.

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:

1. Place any parlay of 5+ legs on any sport in any market, and get your money back if your bet meets the following criteria: 5+ Legs $25 Max refund per eligible wager All legs must hit except one.
2. 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.

• 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.

Fanduel Parlay Bet

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.

Round Up

Fanduel Same Game Parlay

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

I'm sure we've all been in a situation before where we stare at the list of games and think to ourselves -- if only I could hit a nice 10-team parlay. Now, depending on the odds of the games you selected, or the amount of money actually wagered on the parlay, this bet won't necessarily make you rich, but it could offer up a very nice four- or five-digit return. The problem with hitting a parlay that size is that it's damn near impossible to do. Most experienced bettors refrain from ever making parlay bets. Thankfully, for sportsbooks, parlays will always be a staple of the betting game since there is always the potential of that one big payout every square bettor chases.

In case you are new to the industry, a parlay is a type of bet that involves two or more teams. In order for a parlay bet to be successful, each team involved must win, or cover the spread - depending on how you bet them. A parlay can also be called an accumulator or a combo bet. Parlays are the most popular bet amongst amateur bettors since it has the potential for the biggest payout.

Different Types of Parlays

A parlay can have a combination of moneyline bets , point spread wagers and even include the 'over/under' option. Some sportsbooks allow bettors to include different kinds of prop bets, half-time wagers, different sports and sometimes even futures bets .

Depending on the type or parlay you make, the payout could be minimal or significant. A lot of things go into determining the odds, but the main thing you need to know is that not all sportsbooks offer up the same odds.

Generally speaking, a two-team point spread parlay will pay about 2.5/1, while a three-team parlay pays 6/1, a four-team parlay pays 10/1 and a five-team parlay pays 20-1. Obviously, the more teams you decide to put in your parlay, the higher the odds go.

If you decided to go the parlay route with your money, you must be completely educated on the rules. Do you know what happens if one of the games in your parlay is canceled or pushes on the total or point spread? If you're reading this, I'm assuming you don't, so let me give you a better understanding.

What Happens to My Bet If My Parlay Has a Canceled Game?

Whether you are playing a point spread parlay on football Sunday, or a moneyline parlay on Tuesday's baseball card, the answer to this question remains the same; 'it depends'.

It all depends on which sportsbook you are using and what their rules are for parlays. Most sportsbooks do not punish bettors for having a canceled game on their parlay ticket. The ticket will go on as if that canceled game never existed.

For example, if you put together a five-team parlay and the fourth game on your ticket between the New York Mets and Washington Nationals gets canceled due to rain, your parlay is still live, but it just reduces to a four-team parlay and the payout is adjusted accordingly.

What Happens to My Bet if My Parlay Has a Push On it?

This is where it gets a little bit dicey, but as I said above the answer still depends on which sportsbook you use. Most sportsbooks try to avoid setting full-point point spreads such as -3 or -7 in order to be able to declare a winning and losing side. If by the off chance you can get a whole number and that game happens to fall right on that number, most sportsbooks just void that leg of the parlay and reduce the payout to the next number - which is the same procedure as above. A five-team parlay would then turn into a four-team parlay and the odds would adjust.

However, it should be noted that some sportsbooks treat pushes as losses. That means that just because you got a great number of -3 instead of -3.5, you are still needing to win by four in order to avoid losing your parlay. These parlays increase the difficulty of the wager and should be avoided at all costs.

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