We'll then build on that solid foundation of knowledge by showing you how to place a parlay bet and how to calculate the odds of a parlay bet. You’ll learn what parlay betting is, how it works, the advantages and disadvantages of parlay betting, and the various ways in which you can use parlay bets. In fact, it will tell you all you need to know about parlay betting. This guide to parlay betting will answer both of those questions and many more. How is this possible, you might wonder? And how does parlay betting work to turn small stakes into big payouts? Perhaps hundreds or even thousands of times bigger, and you need never bet on an underdog at any point! That’s because a parlay bet has the potential to turn a modest bet into a return that is many times bigger. Succeed in parlay betting and you could hit it big in no uncertain terms.

The parlay bet is the most alluring and exciting of all bets that can be made in the world of sports betting.