Sports Betting 101: What is a Parlay?

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Published on July 24, 2018 12:33:05 PM ● Video Link: https://www.youtube.com/watch?v=-OcNxVep5Eo

Duration: 1:43

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Parlay betting is one of the most popular forms of sports wagering. You can bet a small amount but win a big payout if it cashes. Essentially, it's low risky high reward. https://www.oddsshark.com/tools/parlay-calculator

With parlays, bettors can bet that two or more point spreads, OVER/UNDERs, or moneylines will win, earning a higher payout if all of their picks win than they would have betting each one individually. This edition of OddsShark 101 offers an in-depth explanation of all the pros and cons that come with this approach to sports betting.

Whether you're betting on the NFL, NBA, MLB, NHL, or anything other league/sports, parlays are an available option and are often quite popular.

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