Parlay Meaning in Sports Betting

Parlay betting definition with a plain-English example.

One bet linking multiple selections; every leg must win, which raises both the payout and the risk.

Quick Stats

  • Parlay: One bet linking multiple selections; every leg must win, which raises both the p

What Is Parlay?

One bet linking multiple selections; every leg must win, which raises both the payout and the risk.

Example

A 3-leg parlay pays more than three singles but loses if any leg misses.

Related

See the full glossary and the how-to-bet hub for more.

Frequently Asked Questions

What does Parlay mean in betting?

One bet linking multiple selections; every leg must win, which raises both the payout and the risk.

Can you give a Parlay example?

A 3-leg parlay pays more than three singles but loses if any leg misses.

Where can I learn more?

The betting glossary and how-to-bet hub cover the rest.

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