In general English, parley means a discussion or conference, especially to end a dispute.
Sports Betting
Parlay definition football
A parlay is a single bet that combines two or more individual wagers; it wins only if every selection wins.
- Minimum legs
- 2
- Also called
- accumulator, acca, combo bet, multi1
Key points
- A parlay links two or more selections into one wager; all must win for the bet to pay.12
- If one selection loses, the entire parlay loses; a push removes that leg and the bet is recalculated.2
- In football betting, parlays are common for multi-game or multi-event wagers rather than single straight bets.12
Where this term is used
Related terms
Sports betting
Parlay definition in betting
General definition of a parlay across all sports.
Sports betting
Parlay
Overview of parlay betting mechanics and strategy.
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Parlay payout chart
How parlay odds and payouts are calculated.
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Teaser vs parlay
Differences between a teaser and a parlay bet.
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Parlay original meaning
Origin of the word parlay in gambling.
Sports betting
Point spread meaning NBA
In NBA betting, the point spread is a number set by the bookmaker
Sources
- Parlay en.wikipedia.org Defines parlay and lists alternative names.
- Sports betting en.wikipedia.org Explains how parlays work and the impact of a push.
Sources are drawn from regulators, universities and published research, and each one is labelled with what it actually is — a preprint is not called a paper. Bookmaker and affiliate pages are never cited here, because a page that sells betting is not a neutral authority on it.