
Parlay vs Single Bets: What the Math Really Says
An analytical breakdown of parlays versus singles. Walks through the multiplication of bookmaker margins (a 4-leg parlay carries roughly 20% combined vig), the math of edge destruction across legs, and the three scenarios where a parlay has a genuine purpose: confirmed negative correlation, cumulative pure value, and meeting a 1.50 minimum-odds rule on a prop firm challenge.
