A type of wager construction involves combining multiple selections into smaller parlays. Instead of creating one large parlay requiring all selections to win, this approach generates numerous smaller parlays using subsets of those selections. For example, if an individual selects four different teams to win their respective games, the system can create every possible two-team parlay from those four selections. This creates six separate two-team parlays. The potential payout is lower than a single four-team parlay, but it offers a higher chance of winning something, as not all selections need to be correct.
This method provides a degree of risk mitigation compared to traditional parlays. It allows bettors to profit even if one or more of their individual selections lose. Its appeal lies in the balance between potential reward and the increased probability of securing a return. It has gained popularity among sports bettors seeking to diversify their risk and increase their chances of winning, even if only partially. This wagering strategy allows for a more nuanced approach to multi-game betting, offering a middle ground between the high-risk, high-reward nature of standard parlays and the lower-risk, lower-reward proposition of single-game wagers.
