Are Parlays Worth It? | 4 Reasons To Avoid Them Is a Parlay Worth It? Parlays can be tempting because they offer the potential for a large payout if all of the bets in the parlay win. However, mathematically speaking, a parlay is almost never worth it. Parlays are far riskier than individual bets because if even one of the bets in the parlay loses, the entire bet is lost. ...