To master parlay betting, you need a thorough understanding of the mathematics. A parlay's odds are calculated by multiplying the odds of each bet. If you bet on three events with 2.0, 1.5, and 3.0 odds, the parlay odds would be 2.0 x 1.5 x 3.0, which equals 9.0. The multiplier effect accounts for parlays' tempting payouts. A parlay often has higher odds of winning than the bookmaker's implied payout odds. The vig determines a parlay wager's value, representing the bookmaker's profit margin. Exploring different types of parlays While the fundamental concept of a parlay remains constant, there are several...