However, there are opportunities where small (keyword: small) parlays can present value to a seasoned bettor. Why do we buy lottery tickets? Or play slot machines? They can be fun! Parlay bets can provide some fun longshot entertainment, but serious bettors should not rely on parlays for long-term success. Each oddsmaker has their own individual rules for what events can and cannot be parlayed together, so make sure that you are familiar with your book’s house rules. But if any of your selections fail to win or cover the point spread, your ticket is toast. The more teams you include, the more money you can potentially win. A parlay is a multi-wager bet that requires all of the legs to win in order for you to cash your ticket.
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