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HDP Parlay, or Handicap Parlay, is a popular betting strategy that combines multiple wagers into a single bet, enhancing potential payouts. In this format, bettors can select various games, applying point spreads to level the playing field between teams of differing strengths. By successfully predicting the outcomes of all selected matches, bettors can maximize their returns, making it an appealing option for those seeking higher stakes. However, the increased complexity also means that the risk of losing is higher, as all selections must win for the parlay to pay out.