What Is A Parlay Bet & How To Calculate Parlay Odds

parlayParlay Calculator, Parlay Betting Odds FAQ & Examples What is a parlay bet? A parlay is a wager type in which multiple bets are linked together as one. A parlay is treated as one bLearn how to distinguish between parlay and parley, two words that are often confused. Parlay means to increase or use something, while parley means to negotiate or discuss.