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Intermediate

Parlay Betting Guide

Everything about parlay betting strategy and AI optimization. Learn how parlays work, when they offer value, and how to build smarter multi-leg bets.

Updated Feb 2026Intermediate Level

What is Parlay Betting?

Everything about parlay betting strategy and AI optimization. Learn how parlays work, when they offer value, and how to build smarter multi-leg bets.

Parlay Betting builds on the fundamentals of moneyline and spread betting. Once you're comfortable with those basics, parlay betting opens up a wider range of strategic opportunities.

How Parlay Betting works

A parlay combines two or more individual bets into one wager. All legs must win for the parlay to pay out. The combined odds multiply together, creating larger potential payouts — but also lower probability of winning.

A 3-leg parlay at -110 each pays roughly 6:1.

Real example

Example

3-leg parlay: Chiefs -3 + Over 48.5 + Bills ML. If all three hit, a $10 bet pays approximately $60. If any one leg loses, you lose the entire $10.

How AI gives you an edge

Traditional parlay betting analysis relies on gut feelings, media narratives, and surface-level stats. Our AI models process thousands of data points that human analysts miss, identifying value bets with mathematical precision.

AI Edge

Most parlays are -EV, but our AI identifies correlated outcomes that sportsbooks price independently — these create rare +EV parlay opportunities.

By combining machine learning with historical data across thousands of games, our models find edges in parlay betting markets that would take human analysts hours to uncover. And you get access to all of it for 99 cents per sport.

Frequently Asked Questions

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