The term multi bet is often confused with a parlay. A parlay is a bet that a single event will occur in the specified order. For example, a parlay of two events would mean that they would occur one after the other. In order for them to qualify as a parlay they must occur in the correct order. If they don’t then they are not a parlay and therefore less likely to be a good bet.
You may have noticed on our website that we have odds on all of our big sporting events. These odds are based on what’s known as a “multi bet”. This is because it allows you to pick multiple winners from an event and place them all in one bet. Because of this, you could pick an outright winner and two runners up within an event. If you are successful in your pick then you would still only win one payout.