The advantage of parlay betting is winnings are begetting more winnings. Lets use an example of four sixes being thrown in a row at the dice table. If you had a place bet of $6 dollars on the six you could take down your winnings each time. You would end up with a profit of $7 dollars four times or $28. If instead you had raised your bet by multiples of six then the profit would have been far greater. The first roll of six would have netted out a dollar profit and a new total bet of $12. When this bet hits you net out $2 profit and raise your new bet to $24. The next winning bet would net out $4 profit and raise your new bet to $48. When this bet hits you have a net profit of $56 +$48 +$7-your original bet of $6. This leaves a net gain of $105. This illustrates the advantage of parlay betting.
If your bet lost after the 2nd six was rolled, you would have a net loss of only $3. If your bet lost after the 3rd six was rolled, you would have a net gain of $1
Another way to play this same scenario is to only raise the bet by six dollars each time and keep the rest. After the second roll you are always guaranteed a profit.
Parlays can be played in almost any...
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