But what does this look like in a casino setting? How the Parlay Strategy is Applied in the Casino The idea is simple: if you’re on a winning streak, you should continue to bet more, and if you’re losing, you should minimize your losses. This strategy is primarily based on the concept of winning streaks. Parlay strategy, often referred to as the “let it ride” strategy, is a positive progression betting system that involves reinvesting winnings from previous bets into the next one. This article dissects the Parlay strategy, its application in casinos and sports betting. ComeON Online Casino, a highly-rated online platform, offers countless opportunities for gamblers to test this particular strategy. Among numerous tactics, Parlay strategy has gained considerable fame for its intriguing nature and potential for high returns. One of the hottest topics that never seems to cool down in the gambling world is effective betting strategies.