Question: A progressive parlay is a joint wager on multiple events, for example team sports or horse races, however, unlike a regular parlay, if some of the individual bets lose, but most win, the bettor still wins, although with a much smaller payout, what is called, an accumulator, or combo bet is a single bet that links together two or more individual wagers and is dependent on all of those wagers winning together?
Sentence (from "Parlay (gambling)"): The benefit of the parlay is that there are much higher payoffs than placing each individual bet separately since the difficulty of hitting it is much higher.
Relevant evidence: No