Which bet type combines multiple selections into one wager, with a large payout if all selections win?

• A. Round Robin
• B. Prop Bet
• C. Parlay
• D. Accumulator

Answer: (C)

Combining several selections into a single wager is the essence of a parlay. In a parlay, all the chosen events must win for the bet to pay out, and because you’re stacking the odds, the potential payout is much larger than any individual bet. The more legs you include, the bigger the multiplier effect on the payout, but the risk also rises since one wrong result cancels the entire wager. A prop bet is a single wager on a specific outcome or event, not a bundle of multiple selections. A round robin creates several smaller parlays from a set of selections rather than one single bet. An accumulator is essentially the same idea as a parlay in many markets, but the term parlay is the common one used in this context.