Why do sportsbook does not apply parlay on the same event?

[Kasabus]

I'm just curious guys, I like to ask your opinion on why sportsbooks do not apply parlay on the same event. I remember when I was new to sports betting, one of the sites I'm using allowed it but now it's not possible anymore.

What do you think are the reasons for that?

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[dothebeats]

Obvious reason is, these bets kinda 'share' the same outcome, so it's just common sense for the bookie to disallow certain bets to be parlayed for this reason. Most bookies that I see only implement this type of restriction on parlays and nothing else. If you can give an example on some bets wherein parlay isn't allowed, that would be great, and we can even help you understand the reason why this isn't allowed.

[swogerino]

I'm just curious guys, I like to ask your opinion on why sportsbooks do not apply parlay on the same event. I remember when I was new to sports betting, one of the sites I'm using allowed it but now it's not possible anymore.

What do you think are the reasons for that?

It is against their advantage to do so,in fact it poses a huge threat to them.Let me make you an example,you cannot make a bet in F1 for the winner to be also included in the same bet that the winner will be also in the top 3 and included also that it will be in the top 10,this means that they have to give you three odds but if you win the bet for the winner you automatically win the other bets that made the parlay.I think this is the reason why 99% of the sport book don't allow that.

[ralle14]

It could also depend on the odds providers they're using and maybe the bookie you're using have changed their provider recently, some bookies have it because it's probably easy to implement. Another possible reason aside from the outcome would be the interest of their users since a lot of gamblers would still prefer to go with single bets due to how juiced SGPs can be. On the other hand, SGPs are slowly becoming popular as some of the top bookies have them as betbuilders.

[Maslate]

I'm not sure if there are still bookies who offer the same event parlay.

But as another poster stated, it's common sense, the advantage is not on them so they will not allow that.
For example, the Warriors team in the NBA is a high offensive team, so if you will bet on them to win, you can also parlay the over as most likely the total score will go over if they are dictating the tempo.

[Sanitough]

It's their business, they know what type of game they will provide for them to continue having the advantage.

The fact it isn't available, it only tells us that they are not making money from it.
If they'll allow that, bettors would certainly take advantage of that and that will result in the bankruptcy of their business.

I tried this one.

[Peanutswar]

Never seen this on the recent gambling websites because of the possible abuse can do by the users also to avoid confusion of the bet on the programming side we cannot make a lot of transactions if the value is 0 it just makes a lot of errors for the transactions it is not ideal to do so but instead make the transaction complete first and let the users make another wage so make easier to the program works and make a bet.

[Boristhecat]

I'm just curious guys, I like to ask your opinion on why sportsbooks do not apply parlay on the same event. I remember when I was new to sports betting, one of the sites I'm using allowed it but now it's not possible anymore.

What do you think are the reasons for that?

Probably to understand this you need to check if this site is working now. I can assume not, because if it allowed players to make bets that were unprofitable for itselves, then smart betters should have quickly ruined it.
Your question is quite simple and obvious - many in the thread answered you, so I want to clarify - maybe you meant something else?

[fiulpro]

I do there there might be some sites allowing them but you would have to look real hard other than that it's only going to call the betting site to loose money if the player is going to win in link to the previous bets as well, but if they do they do get amazing payback as well.
The current gambling websites are quite simple, some people might want to just play single bets instead of interlinked multiple ones which are even much harder to predict as well. I do think the sites generally wants to make things easier and avoid giving huge money to the gambler incase they win. You can look at this : https://bookiesbonuses.com/us/parlay-betting-sites maybe there might be some sites that you can use as well.

[ChiBitCTy]

I'm just curious guys, I like to ask your opinion on why sportsbooks do not apply parlay on the same event. I remember when I was new to sports betting, one of the sites I'm using allowed it but now it's not possible anymore.

What do you think are the reasons for that?

Interesting observation here.  So you're saying there are no known ( to you ) sportsbooks sites that have same game parlays, like for example you're saying you can't place a parlay on say an NFL football game, where you parlay the over/under, spread, player x to pass for more than 100 yards, and player b will rush for over 100 yards?  If this is what you mean by your post, I am surprised to hear this. Maybe because if a game goes one way, like a really high scoring game, then all those things can be easily connected in which makes the parlay a lot easier to win versus a parlay with a multitude of games?

[Kasabus]

I'm just curious guys, I like to ask your opinion on why sportsbooks do not apply parlay on the same event. I remember when I was new to sports betting, one of the sites I'm using allowed it but now it's not possible anymore.

What do you think are the reasons for that?

Interesting observation here.  So you're saying there are no known ( to you ) sportsbooks sites that have same game parlays, like for example you're saying you can't place a parlay on say an NFL football game, where you parlay the over/under, spread, player x to pass for more than 100 yards, and player b will rush for over 100 yards?  If this is what you mean by your post, I am surprised to hear this. Maybe because if a game goes one way, like a really high scoring game, then all those things can be easily connected in which makes the parlay a lot easier to win versus a parlay with a multitude of games?

I am not so familiar with NFL games, so I would show an example on the NBA game tomorrow which is the Celtics vs Heat. On my bookie, we have Celtics that thas a spread of -8.5, and the over/under is 201.5. If I decide to place a  parlay bet on (-8.5 + under 201.5), this is not possible because it's on the same event.

[tokeweed]

I'm just curious guys, I like to ask your opinion on why sportsbooks do not apply parlay on the same event. I remember when I was new to sports betting, one of the sites I'm using allowed it but now it's not possible anymore.

What do you think are the reasons for that?

Cos some sharp who has an edge over the book could turn any line into a +EV play and shift the odds in his favor.  But some books do allow it in football matches.  They're called 'bet builders' and there are combo bets available.  In MMA there are some props that act like you're doing parlay from a couple of lines into one bet like the fighter plus the method of winning.  But straight out you yourself picking which lines to parlay in the same match, no.  That's giving you, the guy who the book should be taking money from, too much of an advantage.

[Sanitough]

I'm just curious guys, I like to ask your opinion on why sportsbooks do not apply parlay on the same event. I remember when I was new to sports betting, one of the sites I'm using allowed it but now it's not possible anymore.

What do you think are the reasons for that?

Cos some sharp who has an edge over the book could turn any line into a +EV play and shift the odds in his favor.  But some books do allow it in football matches.  They're called 'bet builders' and there are combo bets available.  In MMA there are some props that act like you're doing parlay from a couple of lines into one bet like the fighter plus the method of winning.  But straight out you yourself picking which lines to parlay in the same match, no.  That's giving you, the guy who the book should be taking money from, too much of an advantage.

That's an interesting explanation, in short, they won't give the advantage to the bettors, they are the ones operating so they should be the ones who will be making a profit from the business. I'm not aware it's possible in other type of game, maybe becasue I don't do bet on football, or if I do, I just bet on the basic odds, the spread and the total.

[goinmerry]

I'm just curious guys, I like to ask your opinion on why sportsbooks do not apply parlay on the same event. I remember when I was new to sports betting, one of the sites I'm using allowed it but now it's not possible anymore.

What do you think are the reasons for that?

When I started sports betting, I never encounter nor experience the time that it was possible to parlay on the same event? There's a sports betting site that offers parlay in the same event? I'm just focused though on basketball and I don't know if that happened in other sports.

Simply, why they will allow that. Almost all the advantages are on the bettors, especially if the team is played by heavy Favorites. Bettors can take advantage of combining the Moneyline and Handicap odds for the Favorite team. The low odds given to the Favorite for Moneyline are useless anymore and the market won't be balanced.

[bitbollo]

if you have an easy event to be predicted... you can easily multiply a low odd by several time just piling the related bets more and more.
bookmaker has no advantage in such situation since statistically speaking bet is related to just one event "counted several time".

[decodx]

There is a seemingly simple explanation here; correlated outcomes cannot be parlayed together because they would cause unfavorable odds to the bookmaker. You can think of it as getting a free price boost on your bet. You get a higher odds multiplier without risking anything. Of course, that won't be profitable for the sportsbook.

[wiss19]

There is a very obvious reason for this. Imagine if they allow parlaying on the same event then it's possible one would parlay events like over 2.5 goals, over 1.5 goals and over 0.5 goals because technically if you are betting on 3 goals then it's also higher than 1.5 and 0.5 and this can be abused in many other ways. Another example would be betting on runs in cricket and betting on over 300.5 let's say and then you can parlay for over 250.5 or 275.5 and so on ..

There are bet builders available for some sites like sportsbet and stake so you can use them to build your bet on the same event since they are designed in such a way that they won't allow you to group similar markets or markets that have an impact on each other. I am personally not good at making bet builder bets so I rather go with singles and parlays for multiple events.

[ralle14]

When I started sports betting, I never encounter nor experience the time that it was possible to parlay on the same event? There's a sports betting site that offers parlay in the same event? I'm just focused though on basketball and I don't know if that happened in other sports.

If that's the case with your sportsbook then you should switch to another sportsbook since these same game parlays are becoming popular among the top crypto sportsbooks like Sportsbet and Stake. It's somewhat limited between the popular sports (basketball,hockey, and football) and leagues but one of the best parts is that player props are included.

Another example would be betting on runs in cricket and betting on over 300.5 let's say and then you can parlay for over 250.5 or 275.5 and so on ..

Betting on the asian totals or alternative totals and parlaying them would never happen on any sportsbook. A better example would be betting on a favorite and expecting them to go over a certain total knowing they'd score high.

[Fundamentals Of]

I'm not sure if there are still bookies who offer the same event parlay.

But as another poster stated, it's common sense, the advantage is not on them so they will not allow that.
For example, the Warriors team in the NBA is a high offensive team, so if you will bet on them to win, you can also parlay the over as most likely the total score will go over if they are dictating the tempo.

My thought is also on this one. But I don't think it is enough reason. At the end of the day, the numbers on the over/under for example are coming from themselves. And I am sure that these numbers are the ones which are 50:50 to happen. If there is a dominant team which is aggressive and has a high tendency to hit high numbers, they are always free to adjust the numbers. They don't provide odds on easy wins after all. I am also confused on disallowing parlay on the same event.

[Wexnident]

I'm pretty sure any case of a sportsbook not allowing anything regardless of the type/event, like what you said OP, simply means that the results wouldn't really be fair in terms of the profit given and received by them. They may be a business for gambling for the users, but they're still a business in the end which aims to make a profit, so naturally, they would avoid scenarios where the rewards given to the users would result in a loss for them.

It might be allowed on some specific events though, not that I'm familiar with most (if not all) of them.

[Bttzed03]

They simply want to make it harder for players to win. The probability of winning a parlay in the same event is higher than different events. You can take basketball for example, you'll have less problem on moneyline bets placed on GSW right now because that would most likely win. You just need to add one or two more to increase potential win (sportsbooks doesn't want that).

[Fundamentals Of]

They simply want to make it harder for players to win. The probability of winning a parlay in the same event is higher than different events. You can take basketball for example, you'll have less problem on moneyline bets placed on GSW right now because that would most likely win. You just need to add one or two more to increase potential win (sportsbooks doesn't want that).

Is it really easy for players to win with a parlay in the same event? I'm still confused. The probability of winning is always about the odds. It is not about whether the bets parlayed are within the same event or not. After all the bets are independent of each other like the over/under and the moneyline bet. Which team wins doesn't have anything to do with whether the winning or losing team will score above or under certain points.

If I stick to winning probability in my parlay bet, I could still do that even if I'm restricted to different events. I could parlay bets with odds as low as 1.05 or 1.10.

[Bttzed03]

They simply want to make it harder for players to win. The probability of winning a parlay in the same event is higher than different events. You can take basketball for example, you'll have less problem on moneyline bets placed on GSW right now because that would most likely win. You just need to add one or two more to increase potential win (sportsbooks doesn't want that).

Is it really easy for players to win with a parlay in the same event? I'm still confused. The probability of winning is always about the odds. It is not about whether the bets parlayed are within the same event or not. After all the bets are independent of each other like the over/under and the moneyline bet. Which team wins doesn't have anything to do with whether the winning or losing team will score above or under certain points.

If I stick to winning probability in my parlay bet, I could still do that even if I'm restricted to different events. I could parlay bets with odds as low as 1.05 or 1.10.

If I'm already planning to bet on a parlay from the start, it would be good if I can already eliminate one event. Since GSW is dominant in this playoff, it's easier to take them on moneyline than their opponent. I can later add to the parlay the total score (over/under) which I find harder to predict and some other special lines for that game. This parlay also becomes easier because I am only considering two teams.

With the current rules by sportsbooks, you'll have to add more teams to the equation and that can increase the probablity of losing the whole bet.