Ever wondered what kind of odds you could get from BetMGM if you wanted to wager on several separate events within one game? Well, the BetBuilder parlay generator will soon satiate your curiosity for same game parlays.
BetMGM Sportsbook has expanded its existing partnership with Betgenius Sports, BetBuilder’s creator, to include that product. It’s just one more thing to look forward to when online sports betting arrives in Michigan.
Same game parlays and BetMGM
The online tool that will be available on BetMGM’s Michigan app is just for same game parlays. But what’s a same game parlay?
Well, for example, say you want to bet several ways on the upcoming Detroit Lions at Jacksonville Jaguars game. Using the tool, you could look at making a parlay out of the following items:
- Total on Matthew Stafford’s first-quarter passing yards
- The point spread for the first half
- Even or odd number of points for the game
In the blink of an eye, BetBuilder will give you lines on those legs. From there, you can decide how much to stake, and the tool will give you odds based on all that data. The tool includes more than 400 bet types with both player and team props for your consideration.
It’s then up to you whether to take the offer, make some further alterations, or start over from scratch. This is the part where you read the obligatory advisory on parlay wagers.
In many cases, it doesn’t make sense to put money down on a parlay. That’s because you’re exponentially increasing your risk of losing your bet. So, in order for it to pay off, your potential payout needs to be several times what it would be if you bet each leg on its own. This tool helps you ascertain that reward and risk.
Waiting for online sports betting in Michigan
Betgenius currently has the product ready to go for NBA, NFL, and soccer contests. It plans to add functionality for MLB and the NHL soon as well.
All that being said, the big question on everyone’s mind is when will BetMGM Sportsbook and Michigan online sports betting launch?
The latest estimate has the launch of online wagering in MI coinciding with one of the most important days of the year for Lions fans. That is Thanksgiving Day in the USA.
An earlier launch date is still a possibility, however. Of course, it’s also conceivable it could be later. Suffice to say, the timeline does not have an official launch date.
When the Michigan Gaming Control Board gives BetMGM a go-live authorization date, expect BetMGM to put the pedal to the metal and go all in. It will likely start advertising the moment it receives the all-clear.
At the very least, the same game parlay tool at BetMGM gives it a feature to look forward to when online gambling does arrive in Michigan. It’s a useful tool for those considering parlays and should help bettors make informed decisions about placing parlay bets.