But your probability of winning 2 bets in a row is obviously much lower.īut parlays are usually thought of in terms of sports. If you win, you might get paid off at 3 to 1 instead of the usual even money action. I like to think of things in terms of casino bets, so I think of a parlay as being like a bet that you’ll win black twice in a row on the roulette table. Having multiple bets in play at one time provides you with a bigger payout, but you also have a smaller probability of winning. It’s basically a combination of bets, and the parlay only wins if all the outcomes win. (By the way, parlays are also often called accumulator or combination bets, but parlay is the most common term used in American sports betting.) What Is a Parlay Card and How Do Parlay Bets Work?Ī parlay bet is a single bet on multiple outcomes. I offer advice about how to actually make the parlay cards later in this post, too.

I cover parlay bets, especially football parlays, in detail in the beginning of this post. Before you can learn how to make parlay cards, you need to have a good understanding of what a parlay is and how it works.

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