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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 edging.

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Parlays - Parlay betting is an individual group several bets on one ticket. Let’s imagine you make three bets, but rather than placing them separately putting them all on one ticket. Anyone win three the payout is compared to if you’d played each bet apart. However, if you lose even one bet the parlay is a loser. Have to win every bet around card.

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