All the individual bets have to win in order to get paid for the bet, so you’re payout is bigger than if you won the bets individually (we’ll cover how much more later).
What is a parlay? (you can skip this section if you already know)Ī parlay is a bet where you roll multiple bets into one. I’ll cover all this with you, but let’s start by making sure you know what a parlay is. You can see why sports gamblers are drawn to the thrill.īut should you bet parlays? And if you do, are there strategies that work best for parlays? You get to choose whether you’re going for the Powerball Jackpot (a 10-leg parlay) or going for a less risky scratch of ticket (2-leg parlay). Like a lottery ticket, parlays are a high-risk, high-reward bet. Parlays great bets when you win, but the bad part of parlays is you won’t win much.
