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Parlays combine multiple bets into one wager for a larger payout. They are a great way to get the most out of your bankroll, but they also carry a much higher house edge than individual bets. In fact, a study conducted by UNLV Center for Gaming Research found that sportsbooks win around 31% of the time on parlays, while they only have a 5% edge on single football bets. That said, parlays are still fine as long as you allocate a smaller percentage of your bankroll to them. Hard Rock Bet, "NBA Games Tonight: A Night of Hardwood Showmanship"
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