In sports betting, a parlay is a wager that combines multiple individual bets into one, with the requirement that all selected bets must win for the parlay to be successful. Typically, the minimum number of legs in a parlay is often set at two, meaning you need to bet on at least two separate events. However, some sportsbooks may allow for single-game parlays, where various outcomes within a single game can be combined. The maximum number of legs allowed in a parlay can vary significantly depending on the sportsbook, with limits generally ranging from 10 to 15 legs, and some may allow even more.