Testing Parlays and Combos on Polymarket in Preparation for Football Season


Polymarket U.S. is currently beta testing combination bets, also known as combos, in preparation for the upcoming 2026 football season.

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Polymarket is beta testing combos, or parlays, in the U.S. (Image: Shutterstock)

The prediction market operator has named the combined contract wagers as Combinatorial Athletic Outcome Contracts, or CAOCs. Polymarket submitted a filing to the Commodity Futures Trading Commission (CFTC) to self-certify combos — prediction market terminology for parlays — in May. This was also the month when the company started its phased rollout in the U.S.

Through the CFTC self-certification process, prediction market operators outline plans to offer new event contracts to the regulator, along with expected go-live dates. If the regulator raises no objections or concerns, companies can introduce fresh event contracts or combos with minimal regulatory interference.

However, it took Polymarket approximately 10 weeks to begin beta testing its CAOCs in the U.S. Combos on Polymarket U.S. have reportedly seen close to 16,200 trades and over $7.4 million in volume this month. Traders can currently combine up to 10 legs in a single wager on Polymarket.

Polymarket Combo Foray Is an Important Step

Polymarket’s entrance into combos or parlays holds strategic significance on various levels. Multi-leg bets make up a considerable portion of prediction volume in the U.S., yet a recent report from Eilers & Krejcik Gaming (EKG) analyst Brad Allen highlights that a single company dominates the U.S. market for prediction market sports parlays, which is not Polymarket.

Rival companies, such as DraftKings, Fanatics, FanDuel, and Underdog, are expanding their efforts in prediction market combo offerings in an attempt to disrupt the monopoly held by one company on sports event contract combos, as emphasized by Allen.

“Combo is not a niche feature but a central product layer—and potentially the defining one—in determining who captures mainstream sports PM demand,” observes Allen.

In a recent report, Stifel analyst Jeffrey Stantial notes that U.S. prediction volume surged to $49 billion last month, with sports and combos, representing essentially all sports, contributing to approximately 80% of total transactions.

Understanding Polymarket Parlay Plumbing

Combos on Polymarket operate differently compared to traditional sportsbooks and other prediction markets.

When constructing a multi-leg bet, a Polymarket trader must submit a request-for-quote (RFQ) that is responded to by a market maker within a specified timeframe. Traders need to utilize Polymarket’s Application Programming Interface (API) technology to take the opposing side of some or all legs in the combo.

Payouts on Polymarket mirror those found on sportsbooks for parlays. For instance, in a 10-leg combo, all 10 legs must resolve in the bettor’s favor for a win.

Todd Shriber is an experienced news reporter covering gaming financials, casino business, stocks, and mergers and acquisitions for Casino.org.

Todd began his career in financial markets as a reporter with Bloomberg News and later became a trader at a Southern California-based hedge fund. He specialized in trading sectors and international ETFs during and after the financial crisis. Todd joined Casino.org in 2019.

Currently, Todd provides analysis, research, and content on ETFs for various online platforms and financial firms. His work has been featured in Barron’s, CNBC.com, and The Wall Street Journal, among others. Todd’s articles can also be found on Benzinga, ETF Daily News, ETF Trends, MarketWatch, Fox Business, and Nasdaq.com.

He currently resides in Las Vegas, where he enjoys golfing and spending time at the dog park with his black lab. Todd is an avid sports enthusiast and enjoys betting on college football and the NBA. You can also find him at the poker and roulette tables, despite knowing better.

Contact Todd at [email protected].



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