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SGP betting has become a phenomenon in the sports wagering world in recent times. It’s now a staple feature across all the best online sportsbooks, and it enables you to combine multiple picks and outcomes from the same game in a single wager.
This guide aims to help you understand how this type of bet works, and we’ll also share with you some strategies that will make your parlay betting both enjoyable and more profitable. We’ll also show you a range of online betting sites that offer some of the best parlay odds.
How Do Same Game Parlays Work
Parlays are a group of multiple selections that are combined in a single wager. They are popular because by combining multiple selections, the bet can yield high returns for relatively small stakes. For a same-game parlay to win, all the individual selections within the wager need to be successful.
- Step 1 – Choose your game/event – Most often, these are big NFL/NBA/MLB or NHL games on a busy sporting weekend.
- Step 2 – Choose your markets – Once you know which game you want to build your parlay around, you need to start thinking about which selections you want to add in.
- Step 3 – Choose your no. of selections – This is entirely up to you. Some like to play it safer with just 3 or 4 selections, whilst others like to shoot for the stars and include 10+. If you want to qualify for your site’s combi boost promo, it’s worth making sure you know exactly how many selections lead to what level of boost.
- Step 4 – Choose your stake – Once you’ve added in your selections, you simply need to select your bet stake. Typically, the more selections you have in your parlay bet, the lower your stake will be, given the speculative nature of the bet. Its a good strategy to study sports betting bankroll management if betting on parlays.
Example of a Same Game Parlay
In this section, we provide a simple visual example of a same-game parlay. We’ve used BetOnline, and our SGP is on the Dallas Stars @ Edmonton Oilers NHL game on Wednesday, May 28. As you can see, this is a 4-leg parlay that pays $250 for a $50 stake.
Gavin BeechiGaming Expert
What is a Same Game Parlay Plus Wager?
A Same-Game Parlay Plus (SGP+) wager expands on the regular same-game parlay betting by allowing you to add in bets from other games or sports into a single parlay. Simply build your SGP wager in the normal way, then add 1+ selections from a different game. As with a standard same-game parlay, all selections must be successful for the bet to win.
Top 5 Tips for Same Game Parlay Betting
The more selections you add to your same-game parlay, the greater the risk of the bet. Because of this, SGP betting should be considered a long-term strategy and should be practised with smaller unit stakes initially.
- Look for correlated bets – Stacking bets that are logically connected can be a great way to cash in. For example, if you believe an NBA game is going to be high-scoring, it makes sense to combine an over total points selection with plus overs on points, rebounds, and/or assists for star players.
- Be driven by data – Betting on hunches or feelings won’t get you anywhere in the long term. Make full use of the huge range of sites that provide trends, stats, and injury reports.
- Don’t get suckered into betting overs all the time – Books know how a bettor’s mindset works. Most are automatically drawn into backing overs because they want to see action. Because of this, overs are nearly always more prohibitively priced than they should be. The smart money is often on the under side of a bet.
- Don’t try and inflate your payout with ‘safe’ selections – There is a temptation to chuck in ‘safe’ selections that will boost your overall payout. However, this is not a very shrewd way to attack an SGP parlay. You will kick yourself if/when one of those ‘safe’ selections lets your bet down.
- Don’t go chasing big wins – Don’t be dazzled by potentially lucrative odds of lotto-style SGP wagers with 10+ selections. The chances of you hitting one are incredibly slim.
Top 3 Sportsbooks for SGP Sports Betting
Choosing the right sportsbook on which to place your SGP wagers is an important part of the process. Why? Because they don’t all have the same features, market coverage, and bonuses.
During our review process of same-game parlay betting sites, we found a few great sportsbooks you can try out.
- BetNow
- BetOnline
- BetUS
One Game Parlay Odds Comparison?
With so many sportsbooks out there, it would be foolish of you not to shop around for the best odds on your selections. Odds only need to vary marginally for it to have a big impact on your possible winnings.
Below, we’ve picked out five different same-game parlay wagers across five of the best offshore sportsbooks.
| Sportsbook | Event | Sport | Market 1 | Market 2 | Market 3 | Odds | Payout to $100 |
|---|---|---|---|---|---|---|---|
| BetOnline | Inter Miami vs Montreal | Soccer | Miami Moneyline | Over 3.5 Goals | Over 8.5 Corners | +320 | $320 |
| BetWhale | Kansas State Wildcats vs Iowa State Cyclones | NCAA | Wildcats Moneyline | Over 49 pts | Even pts | +350 | $350 |
| Bovada | Indiana Fever @ Washington Mystics | Basketball (WNBA) | Fever Moneyline | Over 164.5 pts | Natasha Howard To Record a Double-Double | +980 | $980 |
| BetNow | Pacers @ Knicks | Basketball | Over 222.5 Points | Pacers Moneyline | 1st Half Highest Scoring Half | +410 | $410 |
| Everygame | Real Betis vs Chelsea | Soccer | Chelsea Moneyline | First Team to Score – Chelsea | First Goalscorer – Nicolas Jackson | +1900 | $1900 |
Examples of Big Winning Same Game Parlays
Speculative sports wagers like a same-game parlay, by their very nature, carry more risk than many other types of sports bets. However, with risk comes reward. A same-game parlay bet is one of your best chances of hitting that life-changing win for small stakes, if you can hit the right narrative of a game.
Here are some examples of monster SGP bets from the past:
- $5.5 Million NFL Same-Game Parlay – In 2023, one lucky punter backed the Texans to win, over 44.5 points, Singletary 51.5+ rush yards & TD. A last-second field goal sealed one of the biggest SGP wins ever.
- $999K NASCAR underdog upset – A late crash proved to be a blessing in disguise for one lucky NASCAR punter who had $13.49 on a four-leg top-10 finish parlay.
- $237K for a 25-leg college basketball parlay – Kevin LaRose hit a perfect streak across 25 college games, landing $237k for just a $25 outlay.
Pros and Cons of SGP Sports Betting
Pros
- High potential payouts
- Creative Betting Opportunities
- Get odds boosts on parlays
- Increased Entertainment Value
- Single-Game Focus for experts of a particular sport
Cons
- Higher risk bets
- Reduced True Value / EV
Understanding the Rules for Same Game Parlay Wagers
We have stressed on this page that all legs of a parlay need to be successful for a bet to pay out. However, some rules can change how bets are calculated. Some of these rules can make a bet a push or void.
It’s important to know that these are common rules. However, each sportsbook has its own specific rules, so be sure to read the terms and conditions of any sportsbook you use.
Final Thoughts
Same game parlay betting has taken sports betting to another level. It’s a great way to build in any number of opinions on a big game for small stakes and the potential for a big win. That’s the key to getting the most value out of SGPs; your best strategy should be to place lots of bets at small stakes with the potential of making big profits.
Most sportsbooks nowadays offer same-game parlays, but our top pick for its impressive range of SGP betting markets and competitive odds is BetNow. You’ll also get a sports welcome bonus worth 200% up to $200 to boost your SGP betting bank.
Other Sports Betting Guides
In addition to covering SGP sports betting, the ReadWrite team has produced numerous informational pages and detailed how-to guides. You can check out some of these below, whether you want to understand sports betting terminology or create a viable wagering strategy!
- Sports Betting Terms
- ChatGPT for Sports Betting
- How to Bet on Sports
- Developing a Sports Betting Strategy
Responsible Gambling
While all sports betting and wager types are inherently risky, same-game parlay betting is characterized by a particularly high level of risk and reward. Chasing huge wins for small stakes can become addictive, so you must create a conservative bankroll that never exceeds an amount that you can afford to lose.
If you become concerned about your behavior, we’d recommend checking out our dedicated responsible gambling resource. You can also get help from any of these free websites:
