The ultimate parlay odds equal to the odds of each event! How does a parlay bet work - Calculation of parlay odds Combining several similar predictions in a parley gives us reasonable odds (1,9-2,5). We can always find at least a couple of predictions with scanty odds (1,25-1,4) that discourage us from betting. Then why do we make such risky wagers, you might ask? Everything’s simple - to multiply the earnings. Bad news here is a loss of at least one of the picks, leading to inevitable defeat. You can only succeed if all events were played and/or some of them were voided. Parlay bet / accumulator / combo bets are bids composed of two or more events, each of which affects the overall prospect of the bet. And you should definitely give it a read in case you’re specifically looking for a leverage that will allow you to multiply your winnings. Almost everyone who gambles applied this strategy at least once. Winning big on a single bid with parlay bets - that’s what most arbers are looking for.