When that boosted profits from NBA betting dramatically, Flutter decided to export the product to Europe and to the U.S., where FanDuel branded it as the “Same Game Parlay.” When a same-game odds model worked on local rugby, Sportsbet tried it on NBA games. But how much shorter? Before Flutter-owned Sportsbet, no operator was willing to risk the guess - at least not at any scale. For decades, Las Vegas sportsbooks and neighborhood bookies allowed bettors to combine wagers in ways that offered longer odds - for example, $10 on the Dallas Cowboys -3, the New York Giants +6 and the Washington Redskins +3½, with a payout of $70.īut in Australia, where parlay bets were known as “multis,” oddsmakers at an online sportsbook owned by FanDuel parent Flutter had cracked the code on an algorithm that would calculate probabilities around “correlated” outcomes in the same game - the likelihood, say, of the Chiefs covering the spread while Patrick Mahomes threw for more than 300 yards and Travis Kelce had better than 100 receiving yards.Įach of those would make the others more likely, requiring shorter odds than the 6-1 it typically offered for three different teams covering a spread, or quarterbacks in three different games throwing for more than 250 yards. W hen the burgeoning FanDuel Sportsbook imported a new way of building parlay bets from Australia four years ago, its leaders were unaware that they were about to both reshape the way Americans saw sports betting and unearth a faster path to profitability. Easy access same-game parlay bets make it quicker for fans to engage with online betting, and sportsbooks are the big winners.

How to play same game parlay on fanduel