NRL SGM Calculator 2026 — Free Same Game Multi Odds & Payout Tool

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NRL Same Game Multi Calculator

Work out the payout and combined odds for any NRL SGM in seconds. Add up to 8 legs, plug in your stake, and see the maths instantly — including a fair-odds estimate to compare against what the bookies are offering.

SGM Builder Decimal odds (AU)

Legs

Result 2 legs
Combined odds
Payout (incl. stake)
Profit
Implied probability
Heads up: Real SGM odds from Sportsbet, TAB, Ladbrokes etc. are almost always lower than the straight multiplied price because of correlation discounts (e.g. a team to win + their star player to score are linked outcomes). Use this as a fair-value benchmark — anything close to the calculated price is sharp.

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How SGM odds are actually calculated

The maths every sharp punter should know before placing a same game multi.

A same game multi (SGM) combines two or more bets from the same NRL match into one ticket — for example, the Storm to win + Cameron Munster to score a try + total points over 39.5. To win, every leg has to land.

The raw combined odds are simply each leg's decimal odds multiplied together:

Combined odds = Leg 1 × Leg 2 × Leg 3 × …

Payout = Stake × Combined odds
Profit = Payout − Stake

So a $50 SGM with three legs at 1.85, 2.20 and 1.50 has raw combined odds of 6.105 and would pay out $305.25 — a $255.25 profit — if the bookmaker priced it at fair value.

They don't.

Why book SGM odds are lower than the maths

The correlation discount is real — and bigger than most punters realise.

Bookmakers reprice SGM legs because outcomes inside the same game are correlated. When Penrith wins by 13+, Nathan Cleary is far more likely to have scored a try. The book can't pay you the standalone odds for both legs without losing money long-term, so it shaves the price.

Typical SGM discounts on NRL markets sit between 10% and 35% off the raw combined odds, depending on how correlated the legs are:

  • Low discount (5–10%): Independent markets — first try scorer + total points + alternate handicap from different periods of the game.
  • Medium discount (15–25%): Most common SGMs — team to win + player to score, or winning margin + total points.
  • Heavy discount (25–35%+): Tightly correlated legs — team to win by 13+ + their dominant player to score a try + alternate line on points.

The calculator above shows the fair price. Compare it to the bookmaker's price on the same SGM — if the book is within 10% of fair, that's a sharp ticket. If it's 30% lower, you're paying a heavy premium for the correlation.

Building better NRL SGMs

Four rules that turn SGMs from lottery tickets into long-term value plays.

  • Keep it to 3–4 legs. Every leg you add is another way for the ticket to die. The variance grows faster than the price for most punters past 4 legs.
  • Stack legs that tell the same story. If your read is "Storm dominate at home" then "Storm to win + Storm 13+ margin + total points under 41.5" is one consistent thesis. Don't mix contradictory legs.
  • Avoid first try scorer in SGMs. First TS markets carry the biggest book margin in NRL (~14%). Use anytime try scorer instead — same player, much sharper price.
  • Shop the price across books. Sportsbet, TAB, Ladbrokes and Pointsbet all price SGMs differently. The same 3-leg ticket can vary by 15–20% between books. Compare books.

SGM calculator FAQ

What odds format does this calculator use?
Decimal odds — the AU standard used by every Australian bookmaker (Sportsbet, TAB, Ladbrokes, Pointsbet, Neds, Unibet, Bet365 AU). If you see odds like "+250" (American) or "5/2" (fractional), convert to decimal first: +250 = 3.50, 5/2 = 3.50.
Why is my actual SGM payout lower than this calculator shows?
The calculator shows the raw mathematical combined odds. Bookmakers apply a correlation discount to SGM legs from the same match — typically 10–35% off the raw price. The calculator is useful as a fair-value benchmark: if the book is offering close to the calculated price, you're getting a sharp deal.
How many legs can I add to an SGM?
Most AU bookmakers cap NRL SGMs at 8–12 legs. This calculator supports up to 8. Statistically, anything past 4 legs becomes a high-variance bet — fewer than 5% of 6+ leg SGMs win, even at strong implied probabilities.
What's "implied probability"?
It's the calculator's read on how likely the SGM is to win, based purely on the odds. A 6.10 combined-odds ticket has an implied probability of 1 ÷ 6.10 = 16.4%, meaning the market thinks it lands roughly 1 in 6 times. Useful sanity check before you click "place bet".
Where can I see your model's actual SGM picks?
Our weekly NRL SGM picks — built from the same ML model with 62%+ accuracy on head-to-head markets — are posted at NRL Same Game Multi Tips. Subscribe above to get them by email each Wednesday.
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