For example, multiple NFL odds can get combined into one bet, and all must win for the bet to payout. Parlay betting allows sports bettors to combine their predictions into a single bet. Parlays are a way to shoot for a big payout without requiring a proverbial Cinderella to win a game, a race, or a title. There are plenty of 10-to-1 and 20-to-1 prices to be found on underdog FBS teams, but only if you're willing to bet on a team like Vanderbilt to win in Tuscaloosa. If you choose to wager on Cal to beat Stanford in football, great, but it won't result in a 5-to-1 or 10-to-1 windfall unless the Bears are having a bad year, in which case Cal's chances to win won’t be promising. Sports betting odds are designed to match payoff to the chances of an outcome. Parlay Betting: How to Bet Parlays on Your Favorite Sports
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