Betting and stats big Underdog has launched a brand new crew parlays characteristic to rival the rising development of multi-pick wagers on occasion contracts.
A conventional Same Game Parlay (SGP) within the licensed sports activities betting world contains strains from one sport, and when stacked, provides larger odds.
A number of-event decide wagers have lengthy been a staple of regulated, state-licensed betting involving the outcomes of a number of crew occasions. This could possibly be the moneyline for a number of NBA, NFL, and MLB matchups, for instance.
Underdog’s crew parlays are an try to compete with state-regulated sports activities markets and to offer multiple cross-sport team picks in a single end result, along with the prevailing crew picks characteristic within the app.
Underdog launches crew parlay characteristic
In a put up on X, Underdog exhibits three basketball groups and one NFL crew as a part of a single end result parlay.
Group Parlays are stay!
Now you can mix as much as 4 crew picks in a single entry
pic.twitter.com/SRueAw4Pzk
— Underdog (@Underdog) February 2, 2026
Underdog teased this characteristic as a part of its team-up with Crypto and permits account holders to make what would historically be an accumulator-style parlay, however with the predictions associate Crypto’s bespoke standing.
We reported on the deal pairing the sports and fantasy powerhouse with the CFTC-regulated Crypto. Underdog founder and CEO Jeremy Levine made a forward-looking assertion in regards to the firm’s roadmap for prediction market wagering.
“Whereas nonetheless new and evolving, one factor is evident: the way forward for prediction markets goes to be about sports activities, and nobody does sports activities higher than Underdog.”
Way forward for multi-pick crew parlays
Along with Levine’s views, Crypto’s Travis McGhee, Managing Director and World Head of Capital Markets at Crypto.com was “thrilled” on the prospects that would come out of the deal.
“We have been the primary to supply sports activities occasions contracts, and our know-how partnership with Underdog will present extra entry to CDNA’s modern choices.”
This crew parlay builder appears to be one of many earmarked modern choices, however with rising stress on federally regulated markets, it might be both the long run Levine spoke of or one other toe throughout a state-regulated line.
Featured picture: Underdog
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