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A parlay combines two or more straight wagers into one bet. Parlays are standard because they open the door to win greater payouts whereas risking much less money. Consider it as sports activities betting’s model of a lottery ticket. The number of legs (bets) in a parlay and the percentages attached to every of these legs determines how a lot a bettor can win. The bigger the parlay—and the bigger the bet—the greater the potential payoff.

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