The wager is good for the entire parlay, unlike multiple single-game bets which each require a separate wager. To place a parlay bet, a wager must be placed on a string of events with definite decisions. Every part of the parlay must be achieved in order for the parlay to be successful, or hit.
A parlay is a series of bets tied together to generate greater risk for a greater reward. Par*lay What Is The Definition Of Parlay In Sports Betting?ġ.