A parlay wager is a single bet that is linked with two or more other bets. In order to win a parlay bet, you must win every wager on the bet slip. Some sportsbooks allow up to 20 bets in a parlay, though the maximum does vary between betting sites. Parlays offer the possibility of some massive payouts as hitting every bet is much less likely, and they often appeal to punters with a higher risk appetite. You want to choose a respected betting site that has solid reviews, and we here at Odds Shark have gone through each book to ensure they meet quality and safety standards. If you are looking for the best online Texas sports betting site with generous bonuses, there’s no better option than BetOnline. Not only can you get a $1,000 welcome bonus, but you can also take advantage of risk-free bets, seasonal promos, free-entry contests, and more.