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¡°Sportsbooks make a 30 percent profit on parlays vs. five or six percent with straight bets,¡± says Jeff Edelstein, a senior analyst at USBets, a site devoted to sports gambling. ¡°People love parlay bets. Who doesn¡¯t like putting down a little to win a lot?¡±

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Darren Rovell, who has covered sports betting for 20 years and reports for the Action Network, a gaming news and data company, is amused by the about-face by sports leagues. ¡°Five years ago, the leagues were opposed to gambling,¡± he says. ¡°You see how quickly they did a 180-degree turn. They can see the situation down the road.¡±

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