Their exploitability is the result of a concept called correlation.īy definition, correlation is “a mutual relationship or connection between two or more things.” In sports betting, correlated wagers are ones in which the probability of one wager winning increases or decreases based on the outcome of another wager. In the past, sportsbooks prohibited SGPs because savvy bettors could exploit them for easy profits.
It’s a bigger difference than one might think. The only difference is that every leg in a same game parlay originates from a single game or event. Same game parlays are like standard parlays because they’re high-risk, all-or-nothing wagers consisting of multiple legs. If even a single leg loses, the parlay becomes worth less than the paper it’s printed on. Each segment (or leg) of the parlay must win or tie for the ticket to cash. Which Sportsbooks Offer Same Game Parlays?Ī parlay is a ticket consisting of multiple bets.Same Game Parlay Betting Sites and Apps.