Understanding Different Types of Bets: Singles, Parlays, and System Bets

When placing bets, you can choose from three different types: singles, parlays, and system bets.

1. Single Bets:

betsingle.png

*The data used in the screenshot are indicative.

A single bet lets you select a particular market or event and place your wager on it. Your potential winnings are calculated simply, based on your stake and the odds when you place the bet. If your prediction is correct, you'll receive winnings according to the odds and the amount you bet.

2. Parlay Bets:

parlay.png

*The data used in the screenshot are indicative.

A parlay bet, also called an accumulator or combo bet, allows you to combine multiple selections into a single wager. For a parlay to win, all your chosen outcomes must be correct. The potential payout is calculated by multiplying the odds of each selection by your stake. Because of its cumulative nature, parlays offer higher payouts compared to single bets. However, if any selection is wrong, the entire bet is lost.

3. System Bets:

system.png

*The data used in the screenshot are indicative.

Like parlays, system bets involve combining three or more selections. However, the key difference is that system bets can still be successful even if not all of your picks are correct, depending on the chosen system type. When placing a system bet, you can choose a specific system, such as "Yankee" or others, directly on your betslip. This system determines how your selections are grouped into various combinations. As a result, even if some of your selections fail, you may still win part of your bet based on the number of correct picks.

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