As it’s one bet, it means there’s one stake. Why is the parlay so attractive to bettors, especially those with love for NFL, English Premier League, NBA and NHL? There are a few reasons. All selections must win, regardless of your bet slip’s number of picks. But whatever slang you use, the aim remains the same. The parlay is known by a variety of names worldwide. Is there a better-loved bet than the parlay? The answer to that, of course, is no.