Fanduel Parlay Insurance
FanDuel Sportsbook has really good parlay betting. They also offer parlay insurance for both traditional and same game parlays, making it even better.
Parlay insurance helps you get your money back if you lose a bet. FanDuel puts it in the 'promotions' section to make it easy to find.
HOW DOES FANDUEL PARLAY INSURANCE WORK?
FanDuel is widely considered one of the go-to platforms for parlays among the prominent sportsbooks in the US.
One of the major attractions is the parlay insurance they offer which can be used for both traditional parlays and Same Game Parlays.
An important thing to know about the FanDuel parlay insurance is that it is a refund offer that returns all or part of lost parlay wager as bonus bets. It serves as soft landing if a leg does not work out, as parlays are considered a bit risky.
The first step to claiming the parlay insurance is to actually place a parlay wager, with a minimum of four legs usually required. The great thing about FanDuel’s offer is that while other sportsbooks require exactly one leg to fail, they provide parlay insurance on the whole bet.
The amount on offer with the FanDuel parlay insurance usually varies as it is a percentage of your wager up to a $25.
Refunds will be credited into your account within 72 hours of the wager being settled.
TYPES OF PARLAYS ON FANDUEL
Insurance is available on all types of parlays on Fanduel from traditional to multi-sport and same game parlays.
Traditional Parlays
While the insurance is not available for every sport, traditional parlays can be placed on just about every sport on FanDuel.
Players have the leeway to combine multiple selections into one wager, offering a big potential payout.
Multi-sport Parlays
Parlays are not just limited to a single sport as you can make selections from several sports in one wager.
You have the freedom combine selections from football, basketball and baseball and of course, the parlay insurance will apply in this wager.
Same Game Parlays
The FanDuel Same Game parlay is slightly different from the other two as there are only a few options when combining selections on one event.
Only NFL, basketball, soccer, hockey and baseball are eligible for the FanDuel Same Game Parlay.
This means that only sports that will be eligible for the FanDuel Same Game Parlay insurance.
FANDUEL PARLAY INSURANCE - WHAT SPORTS ARE ELIGIBLE?
FanDuel has one of the more robust offerings of any parlay betting site, but parlay insurance is not available for every sport.
Most parlay insurance offers are for big sports like football, baseball, basketball, and soccer. Sometimes there are special deals for any parlay bet.
Same Game Parlay Insurance is a separate category, as there are fewer sports available to wager on, but this is actually where the majority of parlay insurance offers are featured given FanDuel's push for the SGP.
HOW TO USE PARLAY INSURANCE ON FANDUEL
To enjoy parlay insurance on FanDuel, you have to be a registered customer.
- Visit Fanduel website
- Register
To register you'll need to provide some general information:
- Name
- DOB
- Address
- SSN
Once you know what sports or events are eligible for parlay insurance when you want to wager, the last thing is to place your wager!
- Find the game you want to wager on*
- Create a parlay that has the minimum number of legs for the insurance
- Bet at least the minimum amount
Once you've successfully wagered, you just need to sit back and see if your bet wins. If one leg does lose, you'll be eligible to claim back money as bonus bets!
*if the parlay insurance is for traditional parlays, you'll need to pick the results of different games
Other Fanduel Promotions
Refer your friends to FanDuel and claim a $75 bonus for each referral! Take advantage of one of the best referral bonus offers in the US.
Pick FREE every Monday night for a shot at a share of $50K in total prizes!
All Fanduel customers get a No-Sweat Bet to use on any Week 1 NFL Game from 9/4 through 9/11!
FanDuel is offering users up to $150 paid back in Bonus Bets plus a three-month NBA League pass subscription when you sign up and place a bet.
FAQS ABOUT THE FANDUEL PARLAY INSURANCE
No, FanDuel parlay insurance is not automatic for every parlay.
You'll need to check the 'promotions' page on the Fanduel website to see what parlay insurance is available at any given time, but you can expect to find at least one promotion each week, especially around major tournaments, playoffs, or during the NFL season.
The FanDuel Parlay Insurance is an offer which gives users a chance to claim a refund up to $25 in bonus bets.
All the player is required to do is place a 4+ leg parlay and if exactly one bet loses, you can claim the bonus.
FanDuel parlay insurance insures your bet up to a certain value in case of a loss.
If you place a 3+ leg parlay, for example, and only one leg of you bet is incorrect you can claim back a portion of you wager as bonus bets to use on the site later.
Unlike some of their contemporaries, there is no promo code attached to the FanDuel parlay insurance.
The offer does not even require an opt-in, simply register, make a deposit and place your first bet to activate the bonus.
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