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Parlay gambling is a popular betting strategy that combines multiple wagers into a single bet, allowing gamblers to potentially win larger payouts. In a parlay, all selected bets must win for the bettor to receive a payout, which increases the risk but also the reward. This approach is commonly used in sports betting, where players might combine outcomes from different games or events. While the allure of high returns can be tempting, the difficulty of winning all selections makes parlays a challenging option for bettors.
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