A bet that rewards a payout lower than a parlay payout for successfully making every one of a set of multiple selections within a single wager but pays a reduced payout if only some selections are successful is known as what?

• A. Progressive parlay
• B. Progressive jackpot
• C. Point of sale
• D. Player tracking card

Answer: (A)

Progressive parlay describes a bet where you bundle multiple selections in one wager and the payout scales with how many of those selections win. If every selection hits, you get a payout similar to a parlay, but because this is part of a progressive pool, the amount is typically lower than a standard parlay payout. If only some selections win, you still receive a reduced payout rather than nothing, which keeps the ticket alive and can grow into a bigger prize as more bets participate. This differs from a regular parlay, which usually pays nothing unless all selections win, and from a progressive jackpot or from unrelated terms like point-of-sale or player tracking cards.