Parlays allow recreational bettors to turn small wagers into real money. IxKL8dOaZvįor casual bettors and weekend warriors, hitting this type of epic parlay is the ultimate fantasy. You’ll never hear sportsbooks talking about the stockpile of losing tickets but, as you can see from the tweet below, they’re more than willing to discuss the winners. Parlays are most popular during football season where bettors will oftentimes string together a dozen bets in hopes of striking it rich, and sportsbooks readily play into this get-rich-quick mentality. However, bettors can sometimes parlay several teams together for massive one-time payouts. If any of the bets in the parlay lose, then the entire parlay loses. For anybody unfamiliar with this bet type, a parlay is a combo bet with two or more wagers linked together. The parlay bet is a lot like Casey Anthony (or Michelle Rodriguez if you prefer), simultaneously very attractive and highly dangerous.