During the NFL season, we have up to 16 games to enjoy each week.

Thursday Night Football marks the beginning of the week, while the action wraps up with Monday Night Football. In between, we have ourselves a jam-packed Sunday afternoon slate, as well as what is typically one of the best games on Sunday Night Football.

Add it all up, and we have several weekly options for our viewing and handicapping pleasure. If we so choose, there are many ways we can kick things up a notch. One of them is via the use of parlay betting, which offers up the chance for a fantastic return on even small wagers.

Naturally, there’s a risk-to-reward relationship in effect.

No sportsbook is going to hand you an outstanding return on a bet that’s easy. Parlay bets are challenging as they require you to be correct on multiple games on one ticket.

High risk, high rewards

Can it be done? Of course.

It’s certainly possible to have a great week in which all of your bets are of the correct variety. However, the caveat to that is this: the sports betting market is quite efficient, and oddsmakers happen to be good at what they do.

Beating the lines consistently on single games is hard enough. When you add in more games to a bet, the probability of you being entirely correct decreases. We point this out not to discourage you, but rather to highlight that the odds aren’t in your favor with parlay bets, which also helps to explain the excellent return potential.

All that said, there’s absolutely nothing wrong with taking a small part of your bankroll and designating it for parlay wagers in which you take shots at knocking it out of the park.

We’re going to walk you through everything you need to know about parlay betting on football, starting with how it works.

What is parlay betting?

An NFL parlay bet is a wager on multiple contests on the same ticket.

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