How do parlays work in sports betting

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If you think the Kansas City Chiefs and Tampa Bay Buccaneers will combine for more than 56 points, then you probably expect Patrick Mahomes and Tom Brady to post big numbers.

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Bettors can use these parlays to string together multiple markets/props from the same game, often in pursuit of large payouts.īy correlated wagers, we mean two or more wagers which are related in such a way that the likelihood of one of the wagers/legs winning is increased or decreased by the outcome of the other leg(s).įor example, if Penn State is a 24-point favorite against Indiana in a college football game, and the game total (or Over/under) is 49, the odds of the game going Over is more likely if Penn State wins by more than 24.Ī more obvious correlation example is the relationship between the score of a football game and player performance. What Is a “Same-Game” Parlay?Ī same-game, single-game, or one-game parlay, the vernacular doesn’t matter - they’re names for a parlay consisting of correlated wagers. Now, instead of blocking same game parlays, or as one company calls them, “one-game parlays” sportsbooks are marketing the ability to bet them and are throwing them smack dab on the home page.

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But a recent trend sweeping across the industry is sportsbooks eschewing the long-held practice of rejecting same game parlays from customers.

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