If you have been on FanDuel Sportsbook in New Jersey recently, you may have noticed a new parlay betting option — the Same Game Parlay.
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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. Naija betting sites. 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.
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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.
Fanduel Wont Let Me Bet Pariuri
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
The bottom line is it comes down to doing your homework.
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.
ATLANTIC CITY, N.J. -- Upon further review, a New Jersey man will get his full $82,000 payout on a disputed $110 sports bet. Several other gamblers who made similar bets at wildly inflated odds will also be paid in full, FanDuel said Thursday.
The online sports betting company said it will pay Anthony Prince of Newark the full 750-1 payout he was promised when the company's automated system mistakenly generated long odds on the final moments of the Denver Broncos-Oakland Raiders game on Sunday.
The company initially refused to pay the bet placed at its sportsbook at the Meadowlands Racetrack, saying it isn't obligated to pay for obvious errors. But FanDuel reversed field after consulting with state gambling regulators.
'Above all else, sports betting is supposed to be fun,' the company said in a statement Thursday. 'As a result of a pricing error this weekend, it wasn't for some of our customers.'
Prince made his bet before a game-winning field goal by Denver's Brandon McManus.
'A 36-yard field goal has approximately an 85 percent chance of success, so the astronomical odds offered on something highly likely to occur was very obviously a pricing error,' the company said. 'These kinds of issues are rare, but they do happen. We want sports betting to be fun. So, this one's on the house. We are paying out these erroneous tickets and wish the lucky customers well.'
Prince could not immediately be reached for comment.
In a tweet earlier Thursday before FanDuel's decision was announced, McManus sided with Prince.
Prince was handed his 750-1 ticket with about a minute left in the game, as the Broncos trailed by two points on their final drive. Denver kicked a field goal with 6 seconds left to win 20-19, capping a second-half comeback that started with the Broncos down 12-0.
FanDuel says its system should have calculated his odds at 1-6, meaning a bettor would have to wager $600 in order to win $100. Prince bet $110 on the Broncos but was stopped when he went to collect from FanDuel's betting window.
Kerry Langan, a spokesperson for the New Jersey Division of Gaming Enforcement, said the agency 'is encouraged by FanDuel's actions today. The division will continue to work with FanDuel and the state's other licensed sports wagering operators to ensure the implementation of industry-wide best practices.'
Fanduel Wont Let Me Beth
Kip Levin, FanDuel's chief operating officer, said the company wants 'to use this as a learning experience for our new customers about how sports betting works.'
All told, 12 customers, including Prince, were given incorrect odds during an 18-second computer glitch. Levin would not say how much in total the company is paying, but said the promised payouts printed on the tickets or made online will be honored.
FanDuel also says it will give away another $82,000 this weekend by adding $1,000 apiece to the accounts of 82 randomly chosen customers.
The dispute is one of the earliest for the budding sports betting industry in New Jersey, coming at a time when new sportsbooks are opening in some other states and lawmakers throughout the country are considering whether to also jump in for the potential tax revenue. New Jersey challenged a federal ban and won a U.S. Supreme Court decision in May that cleared the way for gambling on games to expand beyond Nevada.
The idea that player money and winnings would be protected and regulated by the state has been a major selling point among sports betting supporters who contrasted legal gambling with shady offshore betting sites where players often have little recourse in disputes. But gambling regulators also have policies in place to void obvious errors in sports bets.
In Nevada, mistakes in the odds are not uncommon and can occur multiple times a month at sportsbooks. If a similar dispute happened in Nevada, the bookmaker would be required to contact the Gaming Control Board in order to investigate the matter.
Some Nevada books have paid off bets that were placed on bad odds, but then refused to take action from the bettors who took advantage of the mistakes in the future.
In the United Kingdom, where FanDuel owner Paddy Power Betfair has operated for decades, mistakes in the odds are called palpable errors or 'palps' and generally result in voiding the bet.
Information from ESPN's David Purdum and The Associated Press was used in this report.
