The first is by using three unrelated events. T&Cs apply, 18+ Get Bonus Sports betting parlays explained Regardless of what you may have heard it called before, the best way to have parlay betting explained to you is by using an example. Or perhaps the term ‘multi’, which is also the same as a parlay bet. If that parlay betting meaning sounds familiar, you might have also heard the term ‘accumulator’ used before, which means the same thing.
However, if one single selection loses then you lose the whole wager, and your money is gone. As mentioned above, a parlay bet is when you combine more than one wager into a single bet, with the winnings from each wager rolling over into the next one, giving you the opportunity for a much larger win. Parlay betting should be one of the first things you learn after the basics like 1x2 bets and the plus and minus in betting.
