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A parlay is another betting term for an accumulator, which is commonly used on American sports.
They are both single bets with multiple selections included. All of them need to be correct for the bet to be a winner.
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Trading financial products carries a high risk to your capital, especially trading leverage products such as CFDs. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.