A single game parlay is the latest craze that is hitting the US sports betting industry. There are a number of reasons for that. The biggest is that it’s a new and fun way to bet on sports, but it also provides a chance for a large payout.
Just like with any parlay, this is not an easy bet to win. The best sports bettors are able to take advantage of this new feature. But there has to be some planning that goes into this type of wager.
This guide will walk you through some of the steps to making a great single game parlay and will also provide some tips for you to use.
What is a Single Game Parlay?
A single game parlay is a form of parlay betting where all of the legs come from the same game. This type of wager used to be illegal in some states. Other times sportsbooks simply didn’t know how to offer a single game parlay.
When you are creating an SGP, then all of the legs must come from one specific game. Most single-game parlays are built by looking at prop betting options. Others can be made by simply using the traditional betting types that are available.
Steps For Making a Single Game Parlay
Here are four basic steps that you want to follow when making a single game parlay.
1. Choose a Game
The first step to creating a SGP is to choose a game that you want to focus on.
Sportsbooks are going to offer this feature on the biggest betting markets, but you might also find it on obscure sports as well.
You don’t want to be trying to create a single game parlay for a number of games. As that is going to make this process too confusing. Target one specific event, and the rest will fall into place from there.
Notes: SGP = Single Game Parlay
2. Pick a Winner
The next step after choosing a game is to decide who is going to win that particular matchup. This doesn’t mean that you have to include this wager in your SGP. But it will help guide you in the decision-making process.
If you are having trouble figuring out who you think is going to win a game. Then you looking at the other potential betting options might help you out.
3. Predict Final Score
Not only do you need to make a prediction about which team will win. But you also want to predict the final score and the spread. Again, coming up with a solid prediction can really set the tone with how you look at the other betting options that are available to you.
You don’t even have to bet on the spread or the total when you put together your single game parlay. But you at least need to envision how the game will play out. You always want to start from the end of the game and work back when creating an SGP.
4. Search For Props
Finally, you are ready to explore all of the prop betting options that are listed by the sportsbook. Prop betting is where you can really start to build up your single game parlay. But it should not be the first thing to look at.
You should already have a plan in place for how the game is going to play out before you start looking at the props. If you find a prop that you like, then make sure that it aligns with how you feel that particular game is going to go. Why not learn more about alternative bets witht the BParlay.com NHL Moneyline betting guide.
Tips For Making a Single Game Parlay
Now that you know what steps to take to create an SGP it’s time to look at some tips for making this type of wager.
Limit Your Legs
The reason bettors make a parlay wager is to try and win big with one single bet. That’s perfectly fine if you want to go that route, but it’s best to limit the number of legs that you include.
It can be tempting to build up a single game parlay with ten legs because of the potential payout. But that also makes it a much tougher bet to win. If you are going to win this type of bet, then you have to limit yourself and only include those legs that you feel good about.
Look For a Promotion
Since the SGP is still relatively new for most sportsbooks, bettors can typically find promotions for this type of wager. Before you ever place a single game parlay, it is best to check and see if a promotional opportunity is available.
If you do find that there is a promotion out there, be sure to follow all of the terms and conditions to ensure that you will receive that offer.
Do Your Research
The final tip is something that you should always remember when you are betting on sports. If you are going to be successful, then you have to be willing to do the research in order to make a winning single game parlay. Resources such as the Official Pro Football Statistics website are useful places to gain an insight in player trends and stats.
There are so many different options to look at when making a SGP, but it is best to limit your focus. Put together a list of potential bets to include and then do a ton of research around those options.