If one ‘leg’ of the wager loses, you lose your whole parlay bet. For you to win the parlay bet, you need to make sure that all component bets in the ticket will win. However, there’s a catch when relying on parlay gambling. This makes the wager a lucrative option for punters looking for a larger payout. As indicated in the parlay meaning, you can place combine multiple bets in a single ticket. Why Should You Play the Parlay Betting Strategy?Įach type of sports bet has its pros and cons, and it’s true with the parlay bet. For example, you can throw in totals, point spreads, money lines, futures, or even prop bets in a single ticket! The only requirement here to play the wager is to ensure that all your bets cover different sports games. As part of the parlay bet meaning, you can combine different types of bets in one ticket.
