Betting
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A parlay bet is a single wager that requires two or more outcomes to all win. The parlay calculator allows you to input your stake & odds in American formats to quickly calculate the payout for your bets. If the index closes below a lower threshold — usually 20% to 30% down from its initial reading — on any trading day, there will be several possible outcomes when the product matures. If it fails to rebound to the initial reading, the investors will have to bear the losses.