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What is parlay bet?

The Basics
1 Min
Basic
betting types

Parlay Bets: What it is and Examples

Parlay bets are a popular form of sports betting that can yield big payouts if all of the wagers win. A parlay bet consists of multiple bets that are combined into one wager. For example, a parlay bet could include betting on the moneyline for two teams, betting the over/under for one game, and betting the spread for another game.

How Do Parlay Bets Work?

For a parlay bet to win, all of the wagers in the parlay must win. If any of the wagers lose, then the entire parlay is lost. This means that parlay bets can be quite risky, but also have the potential to yield large payouts if all of the wagers win.

Examples of Parlay Bets

A simple parlay bet might include betting the moneyline for two teams. For example, you might bet that the New York Yankees and the Boston Red Sox will both win their games. If both teams win, then you will win the parlay bet. However, if either of the teams loses, then the entire parlay is lost.

Another example of a parlay bet might include betting the over/under for one game, and betting the spread for another. For example, you might bet the over/under for the New York Yankees game, and the spread for the Boston Red Sox game. Both bets must win in order for the parlay to be successful.

Using the BetBasics.com Parlay Calculator

BetBasics.com has a parlay calculator that can help you determine how much you will win if all of the wagers in a parlay bet are successful. This can be a useful tool for making informed bets and maximizing your potential winnings.

We recommend using the BetBasics.com parlay calculator to make the best bets on parlay bets. With this calculator, you can quickly determine how much you will win if all of the wagers in your parlay bet are successful.

Try out the BetBasics.com parlay calculator today to make the best bets on parlay bets!

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