Parlays

Overview

Parlay bets include a combination of picks picked by the user and combined into one large wager. Every pick included in a parlay is known as a leg. If any leg in the parlay loses, then the entire parlay is graded as a loss—regardless of how many picks were correct. The more legs on a parlay, the higher the potential payout, as well as the higher likelihood that the bet does not hit.

Conclusion

Parlays with lots of legs are a favorite of casual bettors, but they are much harder to win than typical straight bets and usually result in more winnings for the house.