Parlays
Definition
A parlay, also known as a combination bet or an accumulator, is essentially a single wager composed of bets on multiple different outcomes. Each specific outcome is termed a 'leg' of the parlay.
The odds for the parlay are calculated by multiplying the odds of each leg. This implies that winning a parlay can result in a payout of significant multiples.
For a parlay to be successful, each individual leg must emerge victorious. If a single leg of the parlay loses, the entire parlay is forfeited. This signifies that parlays entail higher risk compared to individual bets.
For instance, the parlay in the provided example comprises 11 legs. If 10 legs win but 1 leg loses, the entire parlay is unsuccessful. Conversely, if all 11 legs win, the bettor stands to gain an impressive 462x payout.
How to place a parlay bet with Smart Bet Bot
Smart Bet Bot simplifies the process of placing parlay bets. Begin by choosing the outcome for the first leg of your parlay, similar to placing an individual bet.
After selecting the outcome for the first leg, instead of clicking the 'Proceed with Bet' button, press 'Select More Bets (Parlay)'.
Continue adding legs to your bet by selecting outcomes. Each time you add a leg, your current selections and the Total Odds for the parlay will be displayed. To add more legs, press 'Select More Bets (Parlay)' after each selection.
Upon adding the final leg, when you are ready to proceed with placing the bet, click the 'Proceed with Bet' button.
Next, enter and confirm the amount you wish to bet and proceed with placing your bet, following the same steps as if you were making an individual bet.
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