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The odds in a parlay are much higher than single bets, but the odds of winning are lower because the player has to predict all the outcomes correctly. For example, if you combine 5 bets, your odds of winning are only 5% to 10%, although the payout can be up to dozens of times.

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Keep an eye on promotions: Online bookmakers regularly run promotions to attract new players and retain existing ones. These may include welcome bonuses, weekly cashback, or free bets. However, each promotion comes with minimum turnover or wagering requirements, so players should read the terms carefully before participating.