What is a parlay in sports betting?

What is a parlay in sports betting? However — wait a second. I do like the idea of a parlay. What? No parlay. No. No, don't do it. Don't do it. Pat — how do they run this dance competition? How do they score it and everything? I don't know how they score it — we're just participating. Do not put it as part of the parlay, Randy. They go by the Philadelphia rules. Each dancer is scored on a scale of one to ten — you have to average the four judges’ scores. Scores one to ten, right? And you guys are... how good? We suck. — We don't suck. We're happy just to be going. And the people you're competing against? — They're good. Some of them are professionals. A lot better. — A lot better. So if I was to say you only have to score a five... I would be really very generous, right? That was Silver Linings Playbook — Pat Sr.'s restaurant money on the Eagles, tied to a dance score on the same ticket. Two outcomes, one bet: a parlay. A single bet that links two or more picks together. All legs must hit to win. Higher risk, bigger payout. In plain terms: one ticket, several picks. If any single pick loses, the whole ticket loses. “When will these squares realize parlays are sucker bets?” Let's use this example. A four-leg parlay only pays if all four picks win. Three out of four still loses the ticket. The payout is bigger than a single bet exactly because winning is harder. Lines move and books differ. Nothing here is a guarantee or a command to bet — it's how the number works.