You also like the Bulls, straight up against the Heat and the Mavericks to win by 7 or more against the Knicks. Let’s say you like the Charlotte Hornets (+7.5) to keep the score within 8 against the Boston Celtics. Take a look at our NFL parlay betting video for more information. When you add more bets to your parlay you increase your potential payout. If any bet in your parlay is a loss, the entire wager is graded as a loss.īut if it hits, the payoff could reach six digits (depending on what you risk). Winning the parlay needs all of your individual selections to win. A parlay, or combo bet, is a selection of 2-16 bets put together in one wager.