A progressive parlay is a joint wager on multiple events, for example team sports or horse races, however, unlike a regular parlay, if some of the individual bets lose, but most win, the bettor still wins, although with a much smaller payout, what is called, an accumulator, or combo bet is a single bet that links together two or more individual wagers and is dependent on all of those wagers winning together?
Progressive parlay A progressive parlay is a joint wager on multiple events, for example team sports or horse races. Generally a progressive parlay involves a joint wager on four to twelve separate events. Should all the selected bets win, the bettor receives a relatively large payout, because of the sizable odds against this happening. However, unlike a regular parlay, if some of the individual bets lose, but most win, the bettor still wins, although with a much smaller payout. Several sites use a schedule where the bettor can lose one bet on a 4-6 event progressive parlay, can lose up to two bets on a 7-9 event progressive parlay, and up to three bets on a 10-12 event progressive parlay.
Automotive X Prize The Progressive Insurance Automotive X PRIZE (PIAXP or AXP) was a set of competitions, programs and events, from the X Prize Foundation, to "inspire a new generation of super-efficient vehicles that help break America's addiction to oil and stem the effects of climate change." Progressive Insurance was the title sponsor of the prize, the centerpiece of which is the Competition Division, within which a 10-million-dollar purse was divided between the winners of three competitions.