What's a Parlay Bet?

A parlay, accumulator (or acca), combo bet or multi is a single bet that links together two or more individual wagers and is dependent on all of those wagers winning together. ... If any of the bets in the parlay lose, the entire parlay loses.

Are parlays a good bet?

Simply put, parlays are the sports betting equivalent of the penny slot at the casino. They are incredibly appealing but also highly dangerous. Bettors get mesmerized by the potential of a big payout and fall into the psychological trap of going back to the parlay well again and again.

Is it better to bet straight or parlay?

It's because parlays typically provide the house with a larger edge than straight bets. As more and more bets are included in the parlay, the juice continues to rise — especially at Las Vegas sportsbooks. ... Suppose you bet $100 on a two-team parlay where the odds of both picks have the standard -110 juice.

Sarah Jenkins

Sarah Jenkins

Senior Technology Editor & AI Specialist

Sarah Jenkins is a veteran tech journalist with over 12 years of experience covering artificial intelligence, mobile innovations, and digital ethics. Her insights have appeared in leading technology publications worldwide.