Bettors are usually in the sports betting industry to make money, and that can be accomplished quickly by making a parlay bet. The odds continue to multiply with each new leg that is added onto the parlay, and those odds can then add up in a hurry. This is where it becomes one of the most difficult bets to win, but there is a reason that it is so popular.
With a parlay bet, this is an 'all or nothing' wager, and all of the legs must hit for the parlay to be successful. Each individual wager is known as a 'leg' when making a parlay bet, and that is a phrase or term that you will hear used often in the sports betting industry. What is a parlay bet?Ī parlay bet is simply a 'combination' bet that includes several smaller bets into one large wager. If you have never tried building a parlay bet, this guide should give you the confidence to do just that.
This guide will walk you through the details of parlay betting, and give you some tips to use when building a parlay.
