In the world of sports betting, a parlay is a specific type of sports bet where a bettor combines multiple bets (at least two) and ties them into the same bet. If any bets in the parlay lose, then the entire parlay loses. However, if all wagers win, the bettor gets a bigger payout. In today's article, we will dive into what parlays are, how they work in Brasil, and the advantages and disadvantages of them. Before we get into the details, here is a quick overview:
- Definition: A parlay, also known as a accumulator bet or combo bet, is a combination of multiple bets into a single bet.
- Function: Most of the time, a parlay combines multiple lines of sports.
- Benefits: Higher potential payout compared to straight bets
- Risks: If any of the games end up with a loss, the bettor loses the entire parlay bet
What is a Parlay Bet?
At its most basic, a parlay is a combination of multiple bets into one single bet.
The bet can combine anything, such as live games, to future results, depending on the site you have selected. A parlay bet requires that everything goes your way, or, in other words, that all of the legs of your bets win. For example, you can place your bet, adding three games: Place five Brazilian Real on the soccer game of Brazilian League, 10 Brazilian Real on the volleyball game, and seven Brazilian Real on the tennis game of the Brazil national team.
There will be higher payout if all the bets that you make win:
- · Over 2.5 goals in the Corinthians and Chapecoense game in the Brazil championship. This is called over/under or a line pass ("with more than 2.5 goals"). The chance of winning will pay 1.95 times your bet:
- · Grêmio win over Goiás - odds (Odds) approximately 2.25 if the winning team;
- · Botafogo (RJ) without winning in the match with Palmeiras. In other words, this is a tie. The odds of this is about 3.70; and
If you choose to predict - or over - all. Four models of prediction, your bet will be 100 reais and 4.32 + 4.75 times the last model, + 1.95 times =
How to Win at a Parlay Bet
The secret is to try to create the best outcome, regardless of the size of your parlay. However, many bettors reduce the number of games or bets they place in their parlay bets-similar to the urban legend of "1 R$ 7 games in the Super Bowl".