Parlay bets are high-risk, high-reward linking the possibilities drastically reduces the chance of the bet paying off overall. If any of the plays in the parlay ties, or 'pushes', the parlay reverts to a lower number of wagers with the payout odds reducing accordingly. If any of the bets in the parlay lose, the entire parlay loses. Winning the parlay is dependent on all of those wagers winning together. ( Learn how and when to remove this template message)Ī parlay, accumulator (or acca), combo bet, or multi is a single bet that links together two or more individual wagers, usually seen in sports betting. Please help improve the article by adding descriptive text and removing less pertinent examples. This article may contain excessive or irrelevant examples.