> For the complete documentation index, see [llms.txt](https://elevated-fx.gitbook.io/docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://elevated-fx.gitbook.io/docs/bonus-guides/ai-sportsprofits/8.-parlays.md).

# 8. Parlays

A parlay is a wager type in which two or more bets are linked together to create one bet with a greater payout, but all the bets must win.\
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So instead of betting $10 each on three games, you can make one $10 wager that will pay out more of all three teams win. But if even one loses, you lose your $10.\
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The payouts will vary based on how many bets you include, and the prices of those bets.\
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This MLB parlay with Mariners +114, Mets -220 and Marlins and Marlins -134 pays +443.\
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Even more popular than traditional parlays featuring multiple games is the [same game parlay,](https://www.actionnetwork.com/education/same-game-parlay-guide) pioneered by FanDuel and now offered by almost every sportsbook.\
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This feature allows you to parlay multiple bets from the same game, with the correlation of each event priced in. That means if you bet over 51 in Rams-Bengals and Matthew Stafford over 2.5 passing touchdowns, you won't get the full parlay payout, because those events are more likely to happen together.\
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Same game parlays wildly popular in standalone NFL and NBA games.