If a bettor chooses a more risky/unlikely series of bets, the payout will be higher, just as in normal singular bets.
Odds to WinĮach parlay payouts are different depending on the expected odds. In this case, the original payout would only pay for the bets that won, not including the unforeseen result. There are also ways to win, although unlikely if games end up in a tie due to unforeseen circumstances such as weather. It is pretty simple in that the better wins if all bets are correct. Parlays can include bets that involve point spreads, totals, futures, moneylines, and prop bets. If any of the bets lose, then you lose the money you initially put in. There is a potential for a higher reward because every bet that is made needs to be correct to win the payout.
A parlay is one big wager that involves two or more bets.
