While it’s imperative that the bettor wins, there is an exception to the rule. If any single one of those teams happens to lose, then the parlay won’t payout.
For example, if a bettor chooses the Mavs, Suns, and Clippers to win their games on any given Sunday, all three would have to win for the payout to come in. Much like in all our other betting guides, we’ll provide an example to make things easier. In order for the parlay bet to come in, the bettor must win every single bet on the card. Like with any other bet, the larger the stake, the larger the payout. A combination of bets means the odds you receive are worse, but the risk is greater so the reward can be spectacular.
So, what is a parlay bet? A parlay bet is a type of sports bet that combines multiple individual bets into what is known as a “card.” Sometimes this type of bet is known as an accumulator. We will answer the question “ what is a parlay bet?” Then, detailing how does a parlay bet works, as well as highlighting betting opportunities when placing parlay bets for our readers. Parlay sports betting is one of the most popular betting lines available, with sportsbook users looking to place parlay bets all the time.
