Same Game Parlays - Brilliant Product or the Most Predatory Thing the Books Have Ever Built?

FadeThePublic

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Going to make a strong claim and see who pushes back.

Same Game Parlays are the most carefully engineered extraction product the sports betting industry has ever built.

Not because of the house edge alone. Traditional parlays have always been bad value.

Because of what SGPs actually do that regular parlays don't.

Regular parlay: you know you're combining independent bets. The math is visible even if most people don't do it.

SGP: you're combining correlated outcomes from the same game. The correlation adjustment is entirely opaque. You cannot calculate what the fair price is without the book's proprietary model. You are betting on a price you have no ability to evaluate.

A bet you cannot evaluate is not a bet. It's a donation with paperwork.

FanDuel's SGP product alone generates revenue that would have seemed impossible fifteen years ago.

That money came from somewhere. It came from people who couldn't see what they were buying.
 
Okay I bet SGPs constantly and I'm going to defend them.

Not the value. I know they're not good value. Nobody thinks they're good value.

But the experience.

Sunday NFL. I've got Mahomes over 2.5 touchdowns, Chiefs -3, and Travis Kelce over 65 receiving yards, all in one bet.

I'm now invested in three different things simultaneously in the same game. Every completion matters. Every TD matters. Every yard matters.

That's not one outcome I'm watching. It's three storylines running through the same game.

The entertainment value compared to a straight bet is completely different.

I know it costs more. It also does more.

If someone charges more for a better experience at a restaurant I don't call the restaurant predatory.
 
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