Parlays

A parlay combines multiple bets into one ticket. Every leg must win for the parlay to pay (pushed legs are usually removed). Payouts multiply, which makes parlays fun. It also makes the math important.

How the payout is calculated

Multiply the decimal odds of each leg.

Illustrative example: two legs at -110 (1.909 decimal each):

1.909 × 1.909 = 3.645 → about +264

Where the house edge compounds

If each -110 leg were a true coin flip (50%), the chance of hitting both is 25%, which deserves fair odds of +300. The parlay pays about +264. The margin on each leg multiplies through the ticket, so more legs usually means a bigger built-in edge for the book.

When parlays can make sense

• Boosts and promotions can improve the price enough to change the math.
• Correlated legs, where one outcome makes another more likely, are sometimes priced as if they were independent. Many books restrict these.
• Entertainment budget: small, fixed stakes you're comfortable losing.

The JNarz approach

Parlays aren't "bad," but the payout alone doesn't make them good. Price each leg on its own first. If the individual legs don't have value, combining them won't create it. Members get parlays and boosts on the daily card with that mindset.