If you are new to sports betting, you might want to consider parlays. Parlays combine two or more wagers to create a combination of odds. Some wagers cannot be parlayed. One example is a halftime and fulltime point-spread for the same team. This type of betting is not allowed by most sportsbooks. In this situation, the correct outcome makes the other outcome more likely. Fortunately, there are several sportsbooks that allow parlays.