Betting on NFL » Parlay Betting
In Parlay betting, you group several separate bets together into one big bet. It pays more if they all win, but here’s the catch: every single bet in the group has to be right for you to win the whole thing. People like it because it could bring bigger rewards, but it’s tougher to win.
Parlays in betting allow you to combine multiple different bets into a single wager. If all your selected bets are correct, you stand to win a larger sum of money.
The catch is that if even one of your chosen bets is incorrect, you lose the entire parlay bet.
You decide to assemble a parlay bet consisting of three varied wagers.
You select the New Orleans Saints to win, Alvin Kamara (Saints’ running back) to score a touchdown, and the total points to be over 50.
If all three of these events occur, your parlay wins. However, if just one of these bets is wrong, the entire parlay is lost.
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