Sports Betting 101: What is a Parlay?

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.