Parlays multiply decimal odds together, offering larger payouts at the cost of higher risk. The vig compounds across every leg — a 3-leg -110 parlay has a book edge of ~14% vs. ~5% per individual leg. Fun for small bets; a poor vehicle for serious ROI.
Markets & bet types
Parlay
A single bet combining multiple legs. All legs must hit or the bet loses.
Example
3 legs at -110 each: combined ~+595. $25 risk returns ~$173 if all three hit.