Simply put, parlay betting is a way to increase the odds but in turn, you must add more bets into one single betslip. Below, we will dive deeper into parlay odds calculators to further illustrate why the odds for parlay bets increase. Furthermore, the odds are increased due to combining each wager. In this example, the Texas Rangers and John Isner both have to win in order for you to win the parlay bet. Here is an example of a simple two-leg parlay bet: The more legs included in the parlay, the higher the potential payout becomes.
No matter what, each individual selection within the parlay is known as a “leg”. Or, why not just wait for NFL Sunday – one of the most popular televised sporting days of the week – to make just one NFL parlay using 5 different bets.
For instance, you might choose to combine the winner of two NFL games and the total points scored in an NBA game into one parlay bet. In a parlay bet, you can select two or more outcomes across different events or matches.
