Sports betting is legal in Massachusetts, which means that sports enthusiasts in the state have a wide range of betting opportunities available to them.

Many bettors aspire to win big with parlay bets, and only a few fortunate individuals achieve this every year. Same game parlays, in particular, have contributed to the growing popularity of this trend. Whether it’s NFL parlays, NBA parlays, or other sports, they all offer the enticing opportunity to invest minimal funds for the chance of winning a substantial amount.

At times, the satisfaction gained from an SGP return can be just as fulfilling as one of the Massachusetts sports betting promotions.

Parlays remain highly favored in states where sports betting is already legalized, despite the challenging odds of winning. In New Jersey, for instance, a significant 55.1% of the house’s profit is attributed to parlays.

You can find a comprehensive list of same game parlays offered by Massachusetts online sportsbooks on this page. Additionally, you have the opportunity to sign up for DraftKings, BetMGM, Caesars, or WynnBET below and make the most of their latest welcome promotions.

Which Massachusetts sportsbooks offer Same Game Parlays?

What precisely constitutes a Same Game Parlay?

The “same game” parlay, or SGP, is a straightforward concept. It involves merging several bets from a single game onto a single ticket. As you include more bets on the ticket, your odds (and potential payout) for Massachusetts sports betting increase.

NFL and NBA games are highly sought-after for same game parlays due to the wide range of betting options available in these sports.

These are some of the primary sportsbooks in Massachusetts that provide SGPs.

DraftKings Sportsbook MA

You can enjoy Same Game Parlays at DraftKings Massachusetts, which enable you to place bets on various sports such as NFL, NBA, MLB, NHL, MMA, soccer, college football, and college basketball games. Additionally, you have the option to cash out on selected pre-game, live, future, and parlay bets.

By engaging in Same Game Parlay betting, you gain enhanced opportunities to explore team and player props, along with greater adaptability in adjusting lines like point spreads or Over/Under.

You can now enhance your betting experience with Same Game Parlay Extra (SGPx). This exciting feature enables you to merge multiple single bets and SGPs into a single SGPx. Irrespective of the number of legs involved, an SGP bet is considered as a single selection within a parlay or round robin combination.

FanDuel Sportsbook MA

FanDuel Massachusetts app offers three different options for bettors, making it one of the most preferred sportsbooks with its popular same game parlays.

• Create your own Same Game Parlay by merging two or more wagers within a single game.
• Check out the most popular Same Game Parlay options, where you have the opportunity to choose from prebuilt and trending selections made by other bettors.
• Introducing SGP+: An innovative option that allows you to personalize your own Same Game Parlay by incorporating bets from multiple games.

BetMGM Sportsbook MA

In the past, BetMGM Massachusetts Sportsbook has provided insurance on specific parlays. This means that if you have a parlay consisting of five or more legs and it loses due to a single leg, you are protected.

BetMGM’s online sportsbook specializes in providing Same Game Parlays specifically for NFL and NBA games.

Caesars Sportsbook MA

The Same Game Parlay bet offered by Caesars Sportsbook Massachusetts allows for a maximum of 10 legs. However, it does not accommodate wagers with more than 10 legs. Furthermore, each bet must be placed within a single game, and it is not possible to combine wagers across multiple games.

BetRivers Sportsbook MA

BetRivers Massachusetts Sportsbook provides a unique opportunity called the “Buy Out” option, permitting you to cash out your bet prior to completion to secure a portion of your winnings or minimize potential losses. Unlike many other sportsbooks that limit single game parlays to 10 legs, BetRivers allows for as many as 12.

PointsBet Sportsbook MA

PointsBet Massachusetts offers Same Game Parlay bets on a wide range of sports leagues including AFL, NRL, NBA, NFL, NCAAB, and MLB. They also have plans to expand the available league options in the future. With PointsBet, you can place Live Same Game Parlay bets with up to 20 legs.

Furthermore, PointsBet provides daily SGP boosts to maximize your earnings. It is essential to understand that tokens reset every 24 hours and daily boosters are not carried forward.

Expected value and risks in parlay betting

Parlays are widely acknowledged to be riskier than straight bets due to the requirement of correctly predicting each leg of the bet in order to secure a win.

Imagine you make a four-leg parlay bet worth $20, and it ends up with a record of 3-1. Unfortunately, as it is a parlay, you not only lose the $20 but also receive no winnings. However, if you had placed each of those four bets separately at $5 with -110 odds and a 3-1 record, you would have made a profit of $8.65.

Furthermore, as the number of legs increases, the potential payout in comparison to the true odds diminishes. To illustrate, a three-leg parlay typically offers a payout of around 6/1, whereas the true odds amount to 7/1.

On a 10-leg parlay, the payout is approximately 720/1, which is significantly lower than the true odds of around 1,023/1. This results in a loss of about 30% of the value, whereas a three-leg parlay only incurs less than half of that loss.

What’s the optimal number of legs for a Same Game Parlay?

The challenge lies in the fact that different bettors may evaluate the trade-off between risk and reward in various ways. While larger parlays offer substantial payouts, the chances of winning a smaller parlay are higher.

Let’s break it down using -110 odds for each leg as the standard example.

2-4 leg parlays

Compared to larger parlays, these types of bets offer the highest genuine value. This holds particularly true for two- and three-leg parlay bets as they experience a loss of less than 15% of their value from the vig, whereas higher bets can lose anywhere from 25% to 30%. Additionally, these bets are easier to win due to having fewer chances to make incorrect predictions.

5-8 leg parlays

Here’s a revised version: <br>The fact is, when you reach four legs, the vigorish (vig) on typical parlays increases to over 25% compared to their actual value. However, parlays with four legs are not too different from those with three. Moreover, upgrading from a four-leg to a five-leg parlay could potentially double your usual payout, unless you regretfully end up with a 4-1 outcome on your picks and blame yourself for adding that extra leg.

8+ leg parlays

Although the advantages remain consistent with the previous section, this particular option poses a significant challenge as it necessitates a flawless record of 8-0 or more in bet predictions. Considering that the average odds range from 180-1 for eight legs to 720-1 for ten legs, the probability of winning this bet is extremely low and not particularly worthwhile. Nevertheless, if successful, it can be akin to hitting the jackpot, as exemplified by bettors who have won over $1 million on a 15-leg parlay.

What are profit boosts?

Sportsbooks offer profit boosts to enhance your earnings in case your bet emerges victorious. To receive the bonus, you usually need to opt in. However, it is essentially a means through which sportsbooks offer you free money by utilizing their bonuses and promotional offers.

If a sportsbook enhances winnings by 50%, you could potentially earn $150 instead of the usual $100, as demonstrated in this scenario.

Can I cash Same Game Parlays out early?

Whether or not you can do so largely depends on the sportsbook, as it varies from one to another. While some sportsbooks may permit it, the feasibility of doing so is often contingent upon the specific circumstances.

It is important to note that not all same game parlays qualify for cash out. Therefore, it is advisable to verify if your sportsbook offers this option. If it does, cashing out allows you to protect a portion of your winnings or minimize potential losses, which can be advantageous for both bettors and sportsbooks.

Same Game Parlay FAQs

What is a Same Game Parlay?

A Same Game Parlay is simply a combination of multiple bets within a single game on a single ticket. To form a Same Game Parlay, you must include a minimum of two legs, although certain sportsbooks may allow you to include up to 20 legs.

What is SGPx?

SGPx, also known as Same Game Parlay Extra, allows you to merge several Same Game Parlay bets into a single comprehensive bet. In simple terms, SGPx transforms your parlays into a parlay of their own. This feature is offered by DraftKings as SGPx, while FanDuel provides the same functionality under the name SGP+.

What is SGP in betting?

An SGP, which stands for “same game parlay,” refers to the combination of multiple bets from a single game into a single parlay bet. To illustrate, one could create an SGP by placing bets on the Boston Red Sox’s run count, the duration of their starting pitcher’s performance, and the number of home runs a specific player will hit.

How do you bet a Same Game Parlay at DraftKings?

Look for games marked with a +SGP label in the corner. These games qualify for a Same Game Parlay. Next, enable the “Same Game Parlay” option, select your bets, and merge them to create your SGP. If you want to combine multiple SGPs, DraftKings also provides SGPx.

How do you bet a Same Game Parlay at FanDuel?

To locate the “Same Game Parlay” section, navigate to the FanDuel app or the sportsbook’s website. From there, choose the desired game for your bet, select the legs you want to include, and construct your SGP. If you wish to merge multiple SGPs, FanDuel also provides SGPx options.