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A parlay (often known as an accumulator in the UK) is one bet whose outcome is decided by two or more inherent bets. Each of the underlying bets have to win for the parlay to win. If any of the underlying bets drop, the entire parlay is rated as a loss (if an underlying bet pushes then the parlay is treated as though the pushed leg never existed - so a 4-team parlay would become a 3-team, a 3-team a 2-team, and a 2-team one bet). Parlays offer a bettor a greater potential return for greater risk. In the UK and Ireland 2-team parlays are called doubles, and 3-team parlays are called trebles. (Non-parlay bets are known as singles, highlighting how those"normal" stakes are actually only one-team parlays.) Back in the old days of street-corner betting, making a bet sometimes be a difficult process as it could require physically locating the bookie so as to create a bet. So as to partly overcome this difficulty a participant might tell his bookie,"Place $2 on the Brooklyn Dodgers at odds and if that bet wins it all on tomorrow's New York Highlanders game at 2/1." (In this example the player will be devoting $2 on Brooklyn. IIf that wager won he'd have $4 which he would then be risking at 2/1 chances on New York. If this wager won he would have $12 of that $2 represented his first stake and $10 represented his winnings. If bet lost, he'd be left with nothing.) This way, the player would not have to wait and see whether his very first bet won to decide if he could manage to put money on the next bet. It didn't take long, however, for bookies to find out that the games a participant wanted to parlay didn't necessarily must occur and could in fact occur simultaneously. It didn't matter which bet was graded at first the result was the same. If any of those inherent bets lost, the entire parlay was rated as a reduction, and if all of the bets won, the entire parlay was rated as a win. This calculator determines parlay payouts in addition to associated premiums awarded a set of inherent bet chances. Read more: https://bcuknowledgenow.com/skybet/