Single Game Parlays (SGPs), allow bettors to combine multiple bets within a game with the possibility of receiving a larger payout. This is accomplished by betting on various outcomes of one event – for instance betting on Ryan Feltner throwing more than 5.5 Ks or Austin Riley hitting more than 8.5 Home Runs would all count toward one SGP bet in that particular game and would all be “legs.” While sportsbooks previously discouraged these “correlated parlay bets,” more recently sportsbooks are accepting and marketing SGPs as a way of drawing new customers in.
One of the main drawbacks of SGPs is their lower potential payouts compared to traditional parlays, due to their interdependent legs that will influence each other when successful bets win out. By contrast, traditional parlays use bets on games or props that are independent from one another so a win in any one event won’t alter how other bets in the parlay perform.
SGPs also help bettors make more informed wagers. Too often, bettors place individual bets without considering how those might interact. By spreading money across more markets at once and spreading risk across them all more evenly, SGPs provide a great way to reduce risk while improving chances of victory.
SGPs provide bettors who enjoy playing daily fantasy sports an attractive option when betting with limited budgets, yet still want to place wagers on their favorite sport(s). Furthermore, SGPs may provide additional income opportunities through secondary bets.
Totobet, as well as being a leading sports betting site, is also an official partner of Singapore Pools and has long supported local communities. Committed to increasing transparency and efficiency within gaming industries while creating healthy gambling environments, Totobet serves on Singapore Pools CSR Committee which works towards building responsible gaming cultures within Singapore.
The Equator Prize 2024 recognizes the pivotal role that local communities, Indigenous Peoples and civil society play in meeting environmental, climate and sustainable development goals for people and the planet. One 2024 Equator Prize winner from Kenya named Indigenous Livelihoods Enhancement Partners fosters sustainable livelihoods and climate resilience for Maasai pastoral communities by incorporating traditional knowledge into sustainable land use practices.
Matt’s passion for sports betting and daily fantasy sports drives his innovative ideas on Hello Rookie. With both a B.S. in Aeronautical Computer Science and M.S. in Project Management under his belt, this unique set of skills helps him write engaging yet informative content for sports betting enthusiasts.
