Parlay On Fanduel
Posted By admin On 05/04/22If you have been on FanDuel Sportsbook in New Jersey recently, you may have noticed a new parlay betting option — the Same Game Parlay.
- Oct 21, 2020 FanDuel Parlay Calculator. Build, calculate, and analyze FanDuel sportsbook parlay bets. Placing a $100 parlay on these bets would pay $-if you were to win.
- Now, you can combine multiple bets from one matchup or team into a single parlay to go for an even bigger win. Think your favorite team is going to dominate their next matchup? Bet on them to win, the total to go over, and their QB to throw over 3 TDs — all in one parlay.
The FanDuel app will offer odds boost promotions, and multi-sport parlay insurance will cover you up to $25 if you’re spreading your bets out across 4+ sports. In addition to competitive odds and good payouts, FanDuel Pennsylvania recently added daily odds boosts and other daily promotions. A parlay bet essentially combines two or more bets into one wager. The payouts increase exponentially on parlays because you have to win every bet, or leg, that is part of the parlay for it to pay anything at all. In other words, if one bet loses, the entire parlay loses. Jan 27, 2020 FanDuel are the first online sportsbook to have launched the Same Game Parlay in the US. A Same Game Parlay combines bets from the same game. For instance, in a NBA game (let’s say Los Angeles Lakers vs New Orleans Pelicans), a same game parlay could contain the following bets: Lakers to win (Moneyline).
The lure of any parlay bet is the potential for a big payout. That big payout comes at a cost, though. In this case, the cost is a parlay bet that is difficult to win.
It is not easy to pick several winning bets from different games to combine into a parlay and have them all win.
Same Game Parlays are different, though. A Same Game Parlay combines bets from, well, the same game.
The big question is whether the Same Game Parlays are a good bet. Like with most things related to sports betting in New Jersey, the answer isn’t a simple “yes” or “no.”
What is a Same Game Parlay?
Before you can decide if Same Game Parlays are something you want to try, you should understand what they are.
The Same Game Parlay links individual game outcomes into one bet. For instance, a bettor can create a parlay from one matchup that includes:
- Point spread
- Over/Under
- Half-time result
- Home team points
- QB passing yards
Because the bets are correlated, the odds are adjusted to avoid too much of an edge for the bettor.
Correlated odds are simply when the outcome of one bet impacts the outcome of another.
The Same Game Parlay is designed for the bettor with the knowledge and focused interest on one team.
And, at the very least, the Same Game Parlay will liven up any game-day watch party.
How to place a Same Game Parlay at FanDuel
FanDuel Sportsbook makes placing a Same Game Parlay bet easy.
- Find your matchup and click on the Same Game Parlay tab.
- Evaluate your options and select your bets.
- Track your bets on the “Live Bets” tab.
Are Same Game Parlays a smart bet?
Same Game Parlays sound like fun, but are they a smart bet? Well, they can be.
Same Game Parlays may give the illusion of benefiting the bettor with a lot of background on a specific team. But like all bets, if it is offered on a New Jersey sportsbook app, such as FanDuel, it is because the book believes it has an edge.
This doesn’t mean an adept bettor can’t use their knowledge about a team and create a Same Game Parlay that produces a winning ticket.
Why bet on Same Game Parlays?
If you are hoping to pay your mortgage with your winnings, then a good rule of thumb is don’t bet on Same Game Parlays.
But if you are looking for some entertainment value from a specific game, then a Same Game Parlay may be just the ticket.
There is no denying watching a game is a lot more fun with some skin in it. If you look at a Same Game Parlay as an entertainment cost instead of income, you will win either way.
You can reduce some of the risks of a Same Game Parlay bet by looking for bonus bet and promotional opportunities. When an online sportsbook perceives it has an edge, they often encourage bettors to try their luck with promotions that can include:
- A form of insurance
- Bonus bets
- Cash back
Fanduel Same Game Parlay
The bottom line is it comes down to doing your homework.
Fanduel Sports Betting
Studying the team that you are betting on and looking for promos will certainly help move that house advantage a little closer to your side of the ticket.