To bring in returns, every bet (or ‘leg’ as they are sometimes known) has to win. If even one bet fails, then the entire bet is a loss.
Parlays combine several different wagers into one bigger bet. Thankfully, no matter what the moniker of this type of bet is, it is a form of gambling that has a relatively easy-to-grasp concept. A parlay is sometimes called 'accumulators' or 'multis.'
Parlays have different names depending on where you're located. To find out more about this kind of wager and whether it is a type of gambling that is for you, check out our parlay betting breakdown now.