In NFL sportsbook parlays you are supposed to link together some individual bets. You win if all your individual sportsbook parlays win. Even if you lose a single one, the entire sportsbook parlay bet is lost.
The NFL sportsbook parlay can be reverse down to the next level. For example, a four team parlay bet would become a three team parlay and the payoff would be reduced accordingly.
People bet sportsbook parlays to get higher payouts. The problem is that each individual bet must win and therefore it is more difficult to win the bet and that is the reason the payouts are higher than if you had simply made individual bets.
For example, you want to place a 3 team college football parlay bet for $200 with the following pick out teams: Oklahoma -7, Texas Tech +3 and Fresno State -10. A three college football team parlay would typically pay 6 to 1. In case all these picks are winner ones, you