If you've ever heard the phrase Parlay Bet and wondered what it stands for in football betting, then the answer is fairly simple.
So What Is A Parlay Bet?
A Parlay is basically another name for an accumulator or a combo bet. It is a North American betting term, that is little used in the United Kingdom.
You are more likely to come across this term on the internet, but don't be put off by it, because it is nothing complicated. It is simply an accumulator, as eluded too above.
And an accumulator (parlay) in football betting is a bet on 4 or more teams in one bet. So only one team has to not win for the whole bet to win. The flip side is if all 4 (or more) teams win, you win bigger.
There is a bit of dispute in all this. Basically, any bet with more than one selection could be classed as an accumulator or a parlay. Where the confusion comes in, is that 2 selections is known as a double, and 3 selections is known as a treble.
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This means you are more likely to be told that a parlay or accumulator starts at 4 selections. In my view anything over one selection is an accumulator or sorts, whether you also call it a double, or not.
Some websites will say it's 2 selections, some will say it is 4. It really doesn't matter though. Make your own decision.
The most important thing is to be sure you understand what it is you are putting your money on. Whatever the name is irrelevant.
If you are doing football accumulator/parlay bets, then it is important to shop around for value. These days there are various offers from bookmakers on accumulator/parlay bets.
They vary from money back if you miss by one offers, to boosted winnings if your accumulator wins.
When you are football betting, it is important to get a number of things right.
To start with you need to make sure you are using one of the best football betting sites.
A decent football betting site will have competitive odds, a decent sign up offer, and good offers for existing customers.
These offers should be things like money back specials when your bet loses. They could be free games also.
The football betting site also needs to suit your gambling needs.
There is no point going with bookmaker that doesn't offer some of the markets you like betting on.
There are also decent and helpful football betting websites out there, such as this one.
Sites that give you statistics that help you select your bets. Sites that give you up to the minute team news, etc.
Best Football Betting Sites
Picking a decent bookmaker can be a painstaking task.
Do they offer the wide range of football betting markets you are looking for?
What about a decent new customers offer? And do they have offers for existing customers?
These are all important components when you are looking to find the best football betting sites.
Luckily, we have put together a page of the best football betting sites. Meaning you don't have to trawl the internet to find them.
As well as finding you the best football betting sites, we have also sourced betting exchanges, and football spread betting sites.