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The math in Parlays betting is: (no. of teams)(chances of 1 team winning the first time)(chances of the team winning the second time) = house blade.
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Parlays - Parlay betting is an individual group several bets 1 ticket. Let's imagine you make three bets, but as an alternative to placing them separately you put them all on one ticket. If you win the 3 the payout is greater than if you'd played each bet on its own. However, if you lose even one bet the parlay is a loser. You must win every bet while on the card.
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