What Is The Difference Between a Parlay and a Same-Game Parlay?

What Is The Difference Between a Parlay and a Same-Game Parlay?

–News Direct–

Are you new to the world of online sports betting or just need a refresher? This article is here to help. We will be telling you everything that you need to know about parlay bets and same-game parlay bets. Keep reading to find out what they are, how they work, and how to go about placing both of them at top betting sites!

What Is a Parlay Bet?

A parlay bet is when two or more bets are combined on the same ticket. They often appeal to customers due to their multiplier as it means that the potential payout increases with each added game. However, the chances of winning decrease with every addition to your betting slip. You have to win every bet on your ticket, otherwise, you will not get anything, and as any sports bettor with experience placing parlay bets will tell you, winning one is hard enough. parlay bets come in several different forms and allow the combination of moneylines, point spreads, totals, and prop bets.

What Is A Same-Game Parlay?

Same-game parlay bets let online sports bettors bet on multiple stages of the same game, all on the same ticket. This can include moneylines, point spread, total, game props, player props, and more. It took the online sports betting world a little longer to accept same-game parlays but you would not be able to tell as they are now one of the most popular and commonly found bets across sports betting. They are often found to have reduced odds from sportsbooks due to players placing a correlated bet, which has caused some concern about it being a possible advantage. Once again, each selection on your parlay bet must win in order for you to be paid out as a winner. If one leg lets you down, the whole bet is lost.

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Click Here to learn more about one of the best sportsbooks offering customers both parlays and same-game parlays.

Summary

Placing parlay and same-game parlay bets is one of the most common go-tos for sports fans across the US. This type of bet is offered by the top sportsbooks such as FanDuel, DraftKings, Caesars, and BetMGM, offering the best odds around, and with parlays coming in many different forms, there is plenty to please sports and betting fans alike!

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No DigiShor journalist was involved in the writing and production of this article.