TRANSACTION · MLBDodgers: Sent RHP Blake Treinen on a rehab assignment to Ontario (CAL) (Aug 15)
TRANSACTION · MLBDiamondbacks: Sent RHP Drey Jameson on a rehab assignment to Reno (PCL) (Aug 15)
TRANSACTION · MLBRangers: Reinstated RHP Jakob Junis from the 15-day IL (Aug 15)
TRANSACTION · WNBASun: Matched Ashlon Jackson's offer sheet from Los Angeles (Aug 15)
TRANSACTION · WNBASparks: Signed G Tonie Morgan (Aug 15)
TRANSACTION · NFLBengals: Signed CB Matthew McDoom (Aug 15)
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Free tool

Same-Game Parlay
Calculator

Enter your legs and the book's SGP price. We show the independent fair price and the correlation tax — how much the book shaves for pricing the legs together. Pure math, no signup.

Questions, answered

Why does my same-game parlay pay less than the legs multiplied?+

Because the legs are correlated — when your quarterback throws for 300 yards, his receiver probably also went over — and the book prices that in. This calculator shows the gap between the independent fair price and what you're being offered: the correlation-plus-margin tax.

Is the independent price the true fair price of an SGP?+

No — and the calculator says so on the page. Multiplying the legs assumes they're uncorrelated, which same-game legs never are. The gap it shows is an estimate of what the book charges for correlation and margin together, not a measure of value.

Should I bet same-game parlays?+

SGPs are among the highest-hold products a sportsbook sells; the calculator exists so you can see the tax before you pay it. That's information, not encouragement — bet responsibly, 21+.

Leg 1
Leg 2
Leg 3
Independent fair
+596
6.96 · pays $695.79
Book's SGP
+450
5.50 · pays $550.00
vs independent
-21.0%
−$145.79 payout

“Independent fair” multiplies the legs as if they were uncorrelated. Same-game legs usually aren't, so this is not the true fair price — the gap is how the book is pricing correlation + its margin. Here the SGP pays less than independent (the usual correlation tax + vig). An estimate, not an edge. Bet responsibly · 21+

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How it works

  • The independent fair price multiplies every leg's decimal odds — the price you'd get if the legs were uncorrelated and priced separately.
  • Same-game legs are usually correlated, so the independent price is not the true fair price. The gap to the book's SGP price is how it's pricing that correlation plus its margin.
  • A negative number means the SGP pays less than independent (the usual tax); positive means it pays more. This is an estimate of the book's pricing — information, not an edge you can bank.

The honest explainer

What the correlation tax actually is

Legs from the same game move together — a QB's passing yards and his receiver's catches are one story told twice. Multiplying their individual prices as if independent produces a benchmark, and the gap between that benchmark and the book's SGP quote is the correlation tax you're being charged.

This calculator reveals the tax. What it cannot do is compute the true joint probability — nobody outside the book's pricing model knows that number.

Worked example

Two −110 legs priced independently: 1.909² = 3.65, about +265. The book quotes the same-game combo at +180 (2.80). The 3.65 → 2.80 gap is the tax: you're paying for the correlation you're trying to exploit. Positively correlated legs are genuinely worth more than the independent price — the question the quote answers is how much of that worth the book kept.

When NOT to use it

  • As a fair-value oracle: independence is the benchmark, not the truth. A quote below the independent price isn't automatically bad, and one above it isn't automatically generous.
  • Negatively correlated combos (over + under-ish stories in one game) — the independent benchmark is too generous there, so the 'tax' reads smaller than reality.
  • Don't stack legs to 'average out' the tax — every added same-game leg is another correlated price the model you can't see gets to set.