In order for a parlay bet to win, you must win each individual bet on the card. The larger the amount of wagers included in your parlay, the larger the payout. But what does it mean, and what’s a parlay? What is a Parlay?Ī parlay is a type of sports bet in which you combine multiple individual bets (typically 2-10 bets) into one bet or “card.” Combining the bets gives you worse odds to win, but a larger reward for winning.
You may be confused as to what that means. For years it was a battle cry amongst my roommates and me, particularly during football season, and when you got to yell it, chances were you were buying drinks that night.