How Parlay Bets Work: Risks and Rewards of Parlay Betting The payout for a parlay bet is the product of the amount wagered and the parlay odds. For example, if you wager $100 on a parlay with +600 odds, your payout would be $700 ($600 in profit + your original $100 bet). It’s crucial to note that one losing leg in the parlay means the entire bet loses, no matter how many other legs you got right. In our...
