Parlay wagers have a lower chance of success, which is why they have a bigger payout: higher risk = higher reward. The payout is higher but all the individual wagers, or “legs” as they are known, must win for the parlay bet to win. Most people are familiar with parlay wagers, which are two or more wagers combined into one. You may have used our parlay calculator in the past to calculate the potential payout for traditional parlays.
