A Combo Bet, also known as a parlay or accumulator, is a popular betting strategy that combines multiple selections into a single wager. To win, all selections must be successful, which significantly increases the potential payout compared to placing individual bets. While the risk is higher due to the requirement for all outcomes to occur, the allure of a larger return makes Combo Bets appealing to many bettors. This strategy is commonly used in sports betting, where enthusiasts seek to maximize their winnings by leveraging their knowledge across various events.