SGM Betting

30 / Jul / 2024 by Neha Arora 0 comments

Introduction
Same Game Multi (SGM) is a revolutionary betting strategy that allows you to combine multiple outcomes from a single game into a single bet, offering an innovative approach that enhances excitement and potential returns. Unlike a single bet, which involves placing a bet on a single outcome of a sports event, SGM allows for a more strategic way to approach sports betting.

If your prediction is correct, you win the bet; if not, you lose. This innovative method is applicable across a variety of sports including AFL, soccer, golf, basketball, American football, baseball, cricket, rugby league, and union, making it a versatile and thrilling option for sports enthusiasts.

What is SGM?
SGM, or same-game parlay, is a type of sports betting in which you can combine multiple bets from a single game into one bet.

  1. This allows punters to potentially earn larger payouts by correctly predicting the outcomes of multiple events within a single match. SGM bets offer an exciting and strategic way for sports enthusiasts to engage with their favorite teams and games.
    The dividend for a same-game multi-bet is calculated differently to account for the contingency between markets. The price will be clearly displayed and updated as you select/remove legs from your same game multi-bet.
  2. If any selection within a Same Game Multi Bet does not start or is voided, then the entire SGM Bet will be voided and your stake will be returned. For multi bets made up of same game multis [SGM Extra], if there are any voided legs then that specific SGM will be voided and the remaining SGM’s will stand. The new combined SGM price will be reflected in the client’s online statement.
  3. In the event that a Same Game Multi bet is placed where all selections are completely related contingencies, the bet will be paid out at the highest odds of any single selection.

Target market
The target market for SGM bets generally includes:

  • Experienced Bettors: Those who have a deep understanding of specific sports and events within games.
  • Engaged Fans: Sports enthusiasts who enjoy following matches closely and have strong insights into player performance and game dynamics.
  • Tech-Savvy Bettors: Users are comfortable with online platforms and mobile apps where SGM bets are often offered.

Creating SGM Bets?

  1. Select the Game The first step in creating an SGM bet is to choose the specific game you want to bet on. This can be any sport, from football and basketball to baseball and soccer.
  2. Choose Your Bets Once you’ve selected the game, you can then choose the individual bets you want to include in your SGM. This could be a combination of money line, spread, over/under, and prop bets.
  3. Add to Slip After selecting your bets, you can then add them to your betting slip and place your SGM wager. Make sure to review your selections carefully before confirming the bet.

Example of How SGM Bet is Created

The selections are combined into a single SGM bet with adjusted odds based on the likelihood of each outcome.
In a football (soccer) match:

Selection 1: Geelong(-4.5) :Line – 3rd Quarter Only
Selection 2: Geelong(-4.5) :Line – Last Quarter Only
Selection 3: Geelong(-3.5) : Quarter Time Line
Selection 4: Geelong(-4.5) :Line – 2nd Quarter Only

Example of How SGM Bet is Created

Same Game Multi Bet compared to Fixed Odds Bets

  1. An SGM bet combines multiple selections from the same game into a single bet. The odds for the SGM bet are typically higher because the outcomes must all occur for the bet to win.
  2. Fixed odds bets are individual bets placed on single outcomes within a game. Each bet is settled independently, and you can win or lose each one separately.

Example Scenario: Football Match
Match: Team A vs. Team B

  • Selections:
    • Team A to win
    • Over 2.5 goals
    • Player X to score

Same Game Multi Bet:

Selections Combined: Team A to win + Over 2.5 goals + Player X to score

    • SGM Odds: 10.00 (hypothetical combined odds)
    • Stake: $10
    • Potential Return: $10 * 10.00 = $100

Fixed Odds Bets:

    • Team A to win: Odds 2.00
    • Over 2.5 goals: Odds 1.50
    • Player X to score: Odds 3.00
    • Individual Stakes: $10 on each bet
    • Potential Returns:
      • Team A to win: $10 * 2.00 = $20
      • Over 2.5 goals: $10 * 1.50 = $15
      • Player X to score: $10 * 3.00 = $30
      • Total Stake: $30
      • Total Potential Return: $20 + $15 + $30 = $65

Example Scenario: Football Match

Category SGM Bet Fixed Odds Bets
Potential Return $100 $65
Total Stake $10 $30
Risk High Low

Collecting Potential Winnings

  • Understand Odds – The potential payout for an SGM bet is determined by the odds of each individual bet within the parlay. Understanding the odds can help you calculate your potential winnings and make more informed betting decisions.
  • Track Outcomes – As the game progresses, you’ll need to closely monitor the outcomes of each event in your SGM bet. This will allow you to stay up-to-date on your potential winnings and make any necessary adjustments to your strategy.
  • Collect Winnings – If all the events in your SGM bet are correctly predicted, you’ll be able to collect your winnings. Make sure to review your bet slip and understand the payout structure before claiming your prize and navigate the inherent uncertainties of sports betting with greater confidence.

Comparing SGM to Other Bets

Feature Same Game Multiples (SGM) Traditional Bets
Flexibility Allows combining multiple outcomes within a single game Limited to single-event wagers
Payouts  Significantly higher potential payouts due to compounding Lower potential payouts compared to SGM
Risk Management Combining multiple outcomes increases the risk of losing the entire bet if any prediction fails Limited risk management capabilities
Complexity Requires deeper research and strategic planning Relatively straightforward betting approach
Learning Curve The steeper learning curve, but higher potential rewards for skilled bettors Easier to understand and execute, but lower potential returns

Advantages and Disadvantages

Advantages:

  • Customization: Bettors can combine multiple outcomes (e.g., goalscorer, cards, corners) within a single game, enhancing engagement and potential payouts.
  • Enhanced Odds: Higher odds compared to traditional single bets due to combining different predictions.
  • Increased Engagement: Keep bettors involved throughout the match as each event affects the outcome of the SGM bet.

Disadvantages:

  • Higher Risk: Combining multiple outcomes increases the risk of losing the entire bet if any prediction fails.
  • Lower Overall Odds: Despite enhanced odds, the total payout might be lower compared to separate single bets on each outcome.

Betting Companies Offering SGM Bets
Several major betting companies offer SGM bets globally, including:

  • Bet365
  • William Hill
  • Ladbrokes
  • Betfair
  • SkyBet
  • Paddy Power
  • Unibet
  • Betway
  • 888sport
  • Bwin
  • Betfred
    These companies provide platforms where bettors can create customized bet combinations within the same sporting event.

Future Trends
The SGM is evolving rapidly with several emerging trends:

  1. Live SGM bets, or in-play SGM bets, are increasingly popular. This allows bettors to place SGM bets while the game is in progress, adjusting predictions based on real-time developments like goals, injuries, or changes in gameplay.
  2. Another prominent trend is the introduction of products like “SGM Cash Back Odds,” which allow bettors to receive their stake back as cash if one leg of the bet fails, albeit with slightly reduced winning odds. This innovation aims to enhance the betting experience by providing a safety net for bettors.
  3. AI can assess the risk associated with various SGM combinations and adjust limits and odds accordingly. This helps operators manage their risk exposure while still offering attractive betting options to users.

These trends and scope considerations suggest that SGM betting will continue to grow and evolve, driven by technological innovation, regulatory changes, and shifting consumer preferences, offering an exciting future for both bettors and the sports betting industry.

Conclusion
In conclusion, Same game multi-betting enhances the sports viewing experience by providing real-time engagement, interaction, and strategic opportunities. However, it also poses unique challenges that require careful regulation and responsible participation to ensure the integrity of sports and the well-being of bettors.

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