If you’re a sports fan, then you’ve probably heard of same game parlays (SGPs). These are a type of bet that allows you to combine multiple wagers on one game. They’re especially popular in states where sports betting is legal. However, you should be aware that they’re not for everyone.

The first thing you should know about same game parlays is that they’re not the same as traditional parlays. Instead, they’re a hybrid of the two types of bets. A SGP can be a great way to increase your chances of winning while also getting more bang for your buck.

Some online sportsbooks offer free bets and parlay insurance revolving around same game parlays. You can find these on sites like DraftKings, BetMGM, and Caesars.

To place a same game parlay at a sportsbook, start by selecting a game that you’re interested in. Next, you can tap on the “Same Game Parlay” button on the bottom of the screen. This will show you all of the different bets that are available to build your SGP.

You can then select 2 or more bets to build your SGP and add them to your bet slip. Once you’ve selected your bets, you’ll need to decide how much you want to wager on each bet.

If you’re looking to make a bigger wager, you can even choose a combination of bets on the same team. This can be a good option for Thursday and Monday night football games, as you’ll be able to pick more outcomes than you could on a standard SGP bet.

Another great benefit of same game parlays is that they’re usually a bit easier to win than traditional parlays. In addition, most sportsbooks give their SGP bettors a higher payout than you’ll receive on traditional parlays.

A same game parlay is an excellent choice for NFL bettors, but you’ll need to be careful when placing them. A lot of SGPs are designed as long shot stabs in the dark, so you should be aware that they won’t always pay off.

Same game parlays are a great option for college basketball bettors, as well. They’re a great way to bet on multiple teams while increasing your odds and payouts.

When you’re betting on a same game parlay, you can use a free calculator to determine the odds and payouts for your bet. This can help you make a smart decision before placing your bet.

This tool works by taking the odds of two separate events occurring independently and then multiplying those odds by the odds of those same events coming together to get a percentage chance that they’ll pay off. This is how most same game parlay calculators work, but it’s important to note that these odds and payouts aren’t the same as those you’ll receive with a standard parlay bet.

If you’re a sports fan, it’s time to give a same game parlay a try. This type of bet can be a great way to increase your odds and payouts while still being able to have fun.