What Same-Game Parlay (SGP) means
A same-game parlay combines multiple bets from a single game into one wager, rather than combining bets across different games. A typical SGP might combine a team's spread, the game's total, and a specific player's anytime touchdown scorer prop, all from the same matchup. Because legs within the same game are often correlated with each other (see "Correlation" below), sportsbooks use specialized pricing models for SGPs rather than simply multiplying each leg's individual odds together, which is why the combined payout on an SGP is usually lower than what naive multiplication of the individual odds would suggest.
Key points
- A same-game parlay combines multiple bets from a single game into one wager, rather than combining bets across different games.
- A typical SGP might combine a team's spread, the game's total, and a specific player's anytime touchdown scorer prop, all from the same matchup.
- Because legs within the same game are often correlated with each other (see "Correlation" below), sportsbooks use specialized pricing models for SGPs rather than simply multiplying each leg's individual odds together, which is why the combined payout on an SGP is usually lower than what naive multiplication of the individual odds would suggest.
Example and context
A typical SGP might combine a team's spread, the game's total, and a specific player's anytime touchdown scorer prop, all from the same matchup.
Related glossary terms
These terms sit in the same part of the betting vocabulary and are useful to read next.
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