FRIDAY · 2 OCTOBER 2026

Gaming Australia

FOUNDED 2026

SECTION

Sports Betting

Trends in fixed odds wagering, market share shifts, and major sporting event coverage.


Parlay betting in Australia: how the market works

01 — SPORTS BETTING

Parlay betting in Australia: how the market works

Parlay betting (known locally as multi betting) lets punters combine multiple selections into a single wager, with odds that multiply across each leg. The mechanics behind pricing, margins, and risk management are more complex than they appear.