> ## Documentation Index
> Fetch the complete documentation index at: https://docs.sx.bet/llms.txt
> Use this file to discover all available pages before exploring further.

# Peer-to-Peer Parlays

> Learn about peer-to-peer parlays on SX Bet.

## What is a Parlay?

A **Parlay Bet** combines multiple outcomes into a single wager. For a **"Parlay WIN"** bet to be successful, all legs (outcomes) of the parlay must win. If any leg is reported as a **Loss, Push or Void**, the entire Parlay bet is considered a loss.

## How Do Peer-to-Peer Parlays Work?

SX Bet's peer-to-peer system lets users create and bet on parlays directly with one another, offering more dynamic odds and interaction. Bettors have **60 seconds** to place their parlay bet after submitting it, before the order book closes. Parlays can include up to **10 legs**.

SX Bet also allows bettors to wager against a parlay by choosing **"Parlay LOSE."** In this case, for the bet to win, **one or more legs** of the parlay must result in a loss, and no leg can be reported as **Void** or a **Tie**.

## How to Place a Parlay on SX Bet

1. Add your selections to your **Betslip**. The system will automatically create a **Parlay Slip** for you. You can adjust your parlay by toggling bets on or off in the slip.

<Frame>
  <img src="https://mintcdn.com/sxbet-9c561d83/nTchO44e8z9Jwtov/public/user-guides/request_parlay.jpg?fit=max&auto=format&n=nTchO44e8z9Jwtov&q=85&s=298105acf518f599262e14968a97094a" width="1604" height="1053" data-path="public/user-guides/request_parlay.jpg" />
</Frame>

2. Choose whether to place a **Parlay WIN** (all legs must win) or a **Parlay LOSE** (one or more legs must lose) bet at the desired odds.

<Frame>
  <img src="https://mintcdn.com/sxbet-9c561d83/nTchO44e8z9Jwtov/public/user-guides/bet_parlay.jpg?fit=max&auto=format&n=nTchO44e8z9Jwtov&q=85&s=5618d1a3049dfd11235d33de00d64c25" width="1622" height="1059" data-path="public/user-guides/bet_parlay.jpg" />
</Frame>

3. Submit your parlay and place the bet within 60 seconds before the order book closes.

<Note>
  While fees on single bets are 0%, there is a 5% fee on winning parlays.
</Note>

### Place Your Parlay, Your Way

<iframe width="560" height="315" src="https://www.youtube.com/embed/cD3pFC-B908" title="Parlays on SX Bet" frameborder="0" allowfullscreen />

<CardGroup cols={2}>
  <Card title="Market Orders" icon="bolt" href="/user-guides/trading/market-orders">
    Place a standard single-leg bet at the best available odds.
  </Card>

  <Card title="Fees" icon="receipt" href="/user-guides/trading/fees">
    Understand the 5% winning parlay fee and single-bet fee structure.
  </Card>
</CardGroup>