Parlay - 10 things to know with detail
- 1. Parlay is a type of sports bet where bettors can combine multiple individual wagers into one single bet. This allows for potentially higher payouts, as the odds of each individual bet are multiplied together.
- 2. The most common type of parlay bet is a two-team parlay, where bettors must correctly predict the outcome of two separate games. However, parlay bets can also include more than two teams or a combination of different types of bets (e.g. moneyline, point spread, over/under).
- 3. One of the key advantages of parlay betting is the potential for higher payouts compared to placing individual bets. The more bets that are included in a parlay, the higher the potential payout will be if all bets are successful.
- 4. However, the downside of parlay betting is that all