Esports Betting 101 - What are parlays? | 202DC

Parlays are one of the most popular forms of wagering because of the large potential payouts and the ability to get action on multiple matches at once with very low risk.

A parlay is a single wager that combines multiple bets. If you win, you get a huge payout. But in order to be victorious, you must win every single item within your bet. If any one single bet item is a loss, you lose the entire parlay.

Payouts are calculated by multiplying all the odds from the bets on the parlay slip. The more bets you add to the parlay, the more difficult to win, but is rewarded with an increased payout.

Working through an example should help you to understand exactly how a parlay works.

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