It´s a wager that carries with it a ton of excitement, based on the potential to win more than one would if they simply placed a straight wager on an event. However, parlays can be difficult to win given that every leg of the parlay has to win in order for the bet to be successful. Bettors at some sites can take solace in the fact that a losing parlay bet can result in a push at some online sports betting sites, with Canadian sports bettors able to take advantage of parlay insurance in some cases. Parlay insurance is an interesting term, as it is obvious that bettors aren’t able to go to an insurance company and actually insure their parlay against losses. But sportsbooks are offering as close to that option as possible in some cases. The books that offer this tend to do so by reimbursing a player’s risked funds in the event that one leg of a parlay doesn’t come through for them.