What Are DraftKings Dynamic Odds?

DraftKings Sportsbook often sits right on the cutting edge of sports betting technology. One recent development from DraftKings is Dynamic Odds. The term might initially sound confusing, but it makes sense once you understand the basics. Dynamic odds are specific to same-game parlays, a popular and increasingly promoted sports betting sector.

North Carolina sports betting fans have a lot to look forward to. There’s also plenty of sports betting terms to learn for new players getting settled into the legal industry. For now, what are Dynamic Odds, and how do they work? Let’s take a look.

Dynamic Odds: What They Mean and How to Toggle Them

DraftKings Dynamic Odds are only available when you’re building a same-game parlay. When you enter the SGP builder, there will be an option at the top of the screen (in the app) that says, “Swipe to turn on Dynamic Odds.” Swipe the arrow from left to right to turn on the feature.

The bar will turn yellow to indicate you’re working with dynamic odds. Now, start building your SGP to see it in action. We’re using the Phoenix Suns vs. Houston Rockets matchup to showcase how dynamic odds work, but the game will likely be over by the time you read this. Treat the odds and lines we list as examples only.

Start by selecting the first leg of your same-game parlay. I went with the Houston Rockets moneyline at odds of +150. You’ll see a short loading screen on the bet you select, and then the odds will all update. This is where dynamic odds start to work. In short, Dynamic odds show you the odds of your same-game parlay if you were to add a given bet to your slip.

With the Houston Rockets (+150) in my betslip, the dynamic odds adjusted. Some of the options now included:

• Over 233.5 points (+360)
• Devin Booker Over 28.5 points (+375)
• Cam Whitmore Under 12.5 points (+445)

Adding one of these legs to my same-game parlay would result in the total odds of the parlay aligning with the odds in the parentheses.

In other words, dynamic odds show you the odds for a multi-leg parlay instead of the odds for a specific leg of the parlay. When I added the Over 233.5 points to my slip, the odds became +360, and the dynamic odds for the Booker and Whitmore bets became:

• Devin Booker Over 28.5 points (+675)
• Cam Whitmore Under 12.5 points (+1100)

You can continue adding new bets to your SGP, and the dynamic odds will update. Consider dynamic odds a shortcut, so you don’t have to add picks to your betslip to see how they will impact your parlay’s overall odds.

You can turn the Dynamic Odds feature off at any point during the SGP-building process, and it won’t impact your betslip.

Do Dynamic Odds Change Your Possible Payout?

No, dynamic odds won’t change your potential payout. Instead, they’re more of a reference tool to help you see your potential payout if you added a particular bet to your same-game parlay. The odds for each pick remain the same, but dynamic odds give you insight into their impact on your parlay odds without constantly double-checking your betslip.

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The Impact of Dynamic Odds

As I’ve mentioned above, dynamic odds are a game-changer for players who like to build same-game parlays. These multi-leg bets are popular among bettors of all preferences, and DraftKings is making it easier for players in all markets to place them. It may seem like a small thing, but the ability to see your total parlay odds before you add a bet to your SGP is a big shift from typical SGP options.

If you’re an existing bettor, chances are you already know how odds work to some degree. New betters, however, may not have that luxury. The various numbers and terms in bet-builders can be confusing, and dynamic odds remove some of that confusion. It’s a boon for veteran bettors who place a lot of SGPs and newcomers who want to explore the bet type.

Will Other Sportsbooks Follow Suit?

If I were a betting man (and it just so happens I am), I would say this is an easy win for other sportsbooks. DraftKings and its competitors constantly push same-game parlays and unleash new features that make them easier. Introducing the Dynamic Odds feature (or the same functionality with a different name, as it will inevitably be) is a no-brainer for competitors. Bet365 currently has this feature and offered it before DraftKings. I wouldn’t be surprised if FanDuel, BetMGM, and others develop a similar feature in the next few months.

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