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This very simple money
management system is most commonly used at the horse
track. When betting on horses, you make your wager, if
you win your bet, you reinvest (hence the name parlay)
the money you won on your next wager. When you do this
you are also doing a let it ride wager.
The Parlay System is
not necessarily void of any types of risks, but it does
provide the smallest amount of risks of all the bets.
Actually, the bettor is only concerned with a win,
place, or show variety or a combo of these three.
Like the Martingale
System, this money management system has been around
since dirt was craeted.
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