A parlay is a single bet that combines two or more individual wagers, also known as “legs,” into one. To win a parlay bet, every single one of your selected legs must be successful.
The main appeal of a parlay is that it offers a much higher potential payout than betting on each leg individually. The odds of each leg are multiplied together, but this also means the bet is significantly riskier, as a loss on even one leg results in losing the entire parlay.
