Parlay Betting Sites
Find the Best Parlay Betting Sites in the United States!
Company | Bonus Text | Turnover | Min. Odds | Expiry | Action | ||||||
---|---|---|---|---|---|---|---|---|---|---|---|
#1 |
Up to $1,000 First Bet Back on Caesars |
Turnover
1x |
Min. Odds
N/A |
Expiry
14 days |
T&C applied
Up to $1,000 Back in Bonus Bets if Your First Wager Loses
21+ only. New customers only.
AZ/CO/IL/IN/IA/KS/KY/LA/MA/ MD/MI/NJ/NY/OH/PA/TN/VA/WV/WY only. Different offer available in KY.
Deposit required (min $10). Must place first real money Qualifying Wager (min $10) within 30 days. Qualifying wager must settle within 30 days of being placed. Qualifying wager returned as non-withdrawable bonus bets only if wager is settled as a loss. Maximum Bonus Bet $1,000. Bonus Bet expires 14 days after receipt. | ||||||
#2 |
Bet $5 Get $200 If Your Bet Wins |
Turnover
1x |
Min. Odds
No Minimum Odds |
Expiry
7 days |
T&C applied
21+ and present in AZ/CO/CT/IA/IL/IN/KS/LA (permitted parishes only)/MA/MD/MI/NJ/NY/OH/PA/TN/VA/WV/WY. Minimum $10 first deposit required. First online real money wager only (minimum $5). Bonus issued as nonwithdrawable bonus bets that expires in 14 days. See full terms at sportsbook.fanduel.com. | ||||||
#3 |
No Sweat First Bet up to $1,500 + Daily NBA No Sweat SGPs |
Turnover
1x |
Min. Odds
No minimum odds |
Expiry
7 days |
T&C applied
No Sweat First Bet up to $1,500 Plus a No Sweat Same Game Parlay Every Day of the NBA Playoffs 21+. New customers only. Offer available in Offer available in AZ/CO/CT/IL/IN/IA/KS/KY/LA/MD/MI/NJ/ NY/NC/OH/PA/TN/VA/VT/WV/WY. Minimum $5 deposit required. Bonus Bets will be paid out within 24 hours of bet settlement. Bonus Bets valid for seven (7) days. One qualifying bet per customer. Opt in req. Separate opt-in required for SGP Insurance promotion. Offer expires 6/23/24. Terms and conditions apply, visit DraftKings to learn more. See full T&C at DraftKings. | ||||||
#4 |
Bet $5, Get $150 or $1,000 First Bet Safety Net |
Turnover
1x |
Min. Odds
-500 |
Expiry
30 days |
T&C applied
Get $150 in Bonus Bets After Your First Real Money $5 Wager or Up to $1,000 Back in Bonus Bets if Your First Wager Loses 21+. New customers only. Limit one bonus per user. Offer available in AZ/CO/IA/IN/KY/LA/NJ/NC/OH/VA. First online real money wager for both offers. $10 first deposit required within 30 days. Minimum wager of $5 required to claim the $150 bonus bets. Loss refunded as bonus bets up to $1,000 with Safety Net Offer. Bonus issued as non withdrawable bonus bets that expires in 30 days. See full T&C at Bet365. #ad | ||||||
#5 |
Second Chance Bets Up To $500 |
Turnover
1x |
Min. Odds
None |
Expiry
30 days |
T&C applied
21+. New Customers Only. AZ/CO/IA/IL/IN/LA/MD/MI/NJ/OH/PA/VA/WV Must make a qualifying deposit of $10+ with claim code SPORTS. Must make qualifying cash wager with odds of -200 or greater. If the first qualifying wager settles as a loss, receive a non-withdrawable Bonus Bet equal to your stake, up to a maximum of $500. Full T's & C's apply, see BetRivers for more details. | ||||||
#6 |
Up To $1,500 In Bonus Bets If Your First Bet Is Lost |
Turnover
1x |
Min. Odds
No Minimum odds |
Expiry
7 days |
T&C applied
21+. AZ/CO/IL/IN/IA/KS/LA/MD/MA/MI/NJ/OH/PA/TN/VA/WV/WY only. Offer not available in NY. New customers only. Qualifying deposit (min $10) and first real money wager required. If qualifying bet settles as a loss, user is refunded 100% in non-withdrawable bonus bets up to $1,000. Full T&Cs can be found on betmgm.com. | ||||||
#7 |
No Sweat First Bet Up To $105 |
Turnover
1x |
Min. Odds |
Expiry
7 days |
T&C applied
Up to $105 Back in Fred Bets if Your First Wager Loses
21+. New customers only.
Offer available in AZ/CO/IA/MD/OH/VA. No Bonus in PA.
Minimum qualifying wager of $20+. Minimum odds of -200. Qualifying wager must settle as a loss to be eligible to claim Fred Bets. Maximum bonus awarded is $105, and Fred Bets must be wagered within 7 days of receiving. | ||||||
#8 |
Bet $5 & Get $100 in Bonus Bets |
Turnover
1x |
Min. Odds
-250 |
Expiry
7 days |
T&C applied
Bet $5 & Get $100 in Bonus Bets 21+. AZ/NJ/TN/VA only. Different offer(s) available in FL/IA/IN/OH. New customers only. Must make a deposit and qualifying wager of $5+. Qualifying bet must have odds -250 or longer (i.e., +100, -110). Bonus Bets will be split up into 5 $20 Bonus Bets. Bonus Bets will be loaded into accounts on bet placement. Bonus Bets will expire 14 days after issuance. See full T&C at Hard Rock Bet. | ||||||
#9 |
Up to $250 in Matched Bets Over Your First 5 Weeks |
Turnover
1x |
Min. Odds
-200 |
Expiry
14 days |
T&C applied
21+. New customers only. CO and IA only. Must deposit and wager $10+ within 30 days to become eligible for the 100% Bet Match up to $50 in non-withdrawable bonus bets for five (5) consecutive weeks (maximum total of $250). Bet Matches will only be applied to the first qualifying wager of each week. Promotional weeks begin on Monday, and wagers must be straight bets (no promotional markets) with odds of -200 or greater. Qualifying wagers must settle within seven (7) days of the bet placement. Full T's & C's apply, visit ClutchBet for more details. Must use promo code CLUTCH250 | ||||||
#10 |
Get Cash Back Up To $300 Use Promo Code BETBST |
Turnover
N/A |
Min. Odds
None |
Expiry
None days |
T&C applied
Earn 3% Cash Back up to $300 Over Your First 7 Days
21+. New customers only.
NJ/CO only.
Deposit required. Earn 3% cash back on each qualifying wager through the first 7 days of betting, up to $300 ($10,000 to reach max value). The promotional period begins after the first wager. Cash back will be awarded within 72 hours at the end of the player's 7 day period as a single sum. |
best parlay betting sites
21+. Bet Responsibly. Gambling problem? Call 1-800-GAMBLER.
Caesars Sportsbook
- SGP Insurance
- Regular Profit Boost
- SGP on major Sports
- Short on SGP for many sports
Up to $1,000 Back in Bonus Bets if Your First Wager Loses 21+ only. New customers only. AZ/CO/IL/IN/IA/KS/KY/LA/MA/ MD/MI/NJ/NY/OH/PA/TN/VA/WV/WY only. Different offer available in KY. Deposit required (min $10). Must place first real money Qualifying Wager (min $10) within 30 days. Qualifying wager must settle within 30 days of being placed. Qualifying wager returned as non-withdrawable bonus bets only if wager is settled as a loss. Maximum Bonus Bet $1,000. Bonus Bet expires 14 days after receipt.
Website: williamhill.com/us | Founded: 1996 |
Owner: Caesar’s Entertainment | Headquarters: Reno, Nevada |
FanDuel Sportsbook
- Same Game Parlays for various sports
- Great parlay insurance
- Nice Profit Boosts
- Little or no parlay promos
If Your Bet Wins
21+ and present in AZ/CO/CT/IA/IL/IN/KS/LA (permitted parishes only)/MA/MD/MI/NJ/NY/OH/PA/TN/VA/WV/WY. Minimum $10 first deposit required. First online real money wager only (minimum $5). Bonus issued as nonwithdrawable bonus bets that expires in 14 days. See full terms at sportsbook.fanduel.com.
Website: sportsbook.fanduel.com | Founded: 2009 |
Owner: Flutter Entertainment plc | Headquarters: New York City, NY |
DraftKings Sportsbook
- Profit Boosts
- Parlay Boosts
- Same Game Parlay
- Low Odds
+ Daily NBA No Sweat SGPs
No Sweat First Bet up to $1,500 Plus a No Sweat Same Game Parlay Every Day of the NBA Playoffs
21+. New customers only. Offer available in
Offer available in
AZ/CO/CT/IL/IN/IA/KS/KY/LA/MD/MI/NJ/ NY/NC/OH/PA/TN/VA/VT/WV/WY.
Minimum $5 deposit required. Bonus Bets will be paid out within 24 hours of bet settlement. Bonus Bets valid for seven (7) days. One qualifying bet per customer. Opt in req. Separate opt-in required for SGP Insurance promotion. Offer expires 6/23/24. Terms and conditions apply, visit DraftKings to learn more.
See full T&C at DraftKings.
Website: sportsbook.draftkings.com | Founded: 2012 |
Owner: DraftKings | Headquarters: Boston, Massachusetts |
BetMGM Sportsbook
- Periodic parlay bonuses
- Parlay Boosts
- One Game Parlay for major sports
- Different offers in different states
If Your First Bet Is Lost
21+. AZ/CO/IL/IN/IA/KS/LA/MD/MA/MI/NJ/OH/PA/TN/VA/WV/WY only. Offer not available in NY. New customers only. Qualifying deposit (min $10) and first real money wager required. If qualifying bet settles as a loss, user is refunded 100% in non-withdrawable bonus bets up to $1,000. Full T&Cs can be found on betmgm.com.
Website: betmgm.com | Founded: 2018 |
Owner: MGM Resorts International | Headquarters: Paradise, Nevada |
Bet365 Sportsbook
- Various parlay promotions
- Tennis Same Game Parlay
- Many parlay options
- No SGP+ feature
Get $150 in Bonus Bets After Your First Real Money $5 Wager or Up to $1,000 Back in Bonus Bets if Your First Wager Loses
21+. New customers only. Limit one bonus per user.
Offer available in AZ/CO/IA/IN/KY/LA/NJ/NC/OH/VA.
First online real money wager for both offers. $10 first deposit required within 30 days.
Minimum wager of $5 required to claim the $150 bonus bets.
Loss refunded as bonus bets up to $1,000 with Safety Net Offer.
Bonus issued as non withdrawable bonus bets that expires in 30 days.
See full T&C at Bet365. #ad
Website: Bet365.com | Founded: 2000 |
Owner: Bet365 Group | Headquarters: Stoke-on-Trent, England |
Betrivers Sportsbook
- Diverse parlay promos
- Various parlays on major sports
- Parlay betting promos
- App is not so seamless
21+. New Customers Only. AZ/CO/IA/IL/IN/LA/MD/MI/NJ/OH/PA/VA/WV Must make a qualifying deposit of $10+ with claim code SPORTS. Must make qualifying cash wager with odds of -200 or greater. If the first qualifying wager settles as a loss, receive a non-withdrawable Bonus Bet equal to your stake, up to a maximum of $500. Full T's & C's apply, see BetRivers for more details.
Website: betrivers.com | Founded: 2019 |
Owner: Rush Street Interactive | Headquarters: Chicago, IL |
Parlay Sportsbook
There are quite a number of Parlay betting sites today, due to the sheer number of customers looking to place parlay bets. Therefore sportsbooks have made sure that they offer parlay betting services and they come in various forms.
Parlay betting sites have incorporated a number of features that makes parlay betting easy and quite convenient for players.
Parlays are bets made by combining multiple outcomes from different events, and all legs or selections must be won for the bet to be settled as won. To determine the total odds of a parlay bet, the odds of each leg or selection are multiplied by one another.
Although parlay bets are a lot more difficult to win than single bets, the excitement it provides and the chance of a big payout make it such an attractive proposition.
We have examined all the legal sportsbooks in the United States and compiled the best parlay betting sites using factors like betting options, promotions, number of combinations, etc.
Top 6 Parlay Sportsbook
- FanDuel: Learn more | Join FanDuel
- DraftKings: Learn more | Join DraftKings
- Caesars: Learn more | Join Caesars
- BetMGM: Learn more | Join BetMGM
- Bet365: Learn more | Join Bet365
- Betrivers: Learn more | Join Betrivers
Best Sites For Parlays Reviewed
There are quite a few betting sites with provisions for parlay betting. Some have just provided the basic requirements for parlay betting, while others have gone the extra mile to make parlay betting a lot easier and fun.
Let’s take a look at the best parlay betting sites.
1.FanDuel Parlays
As far as Same Game Parlay is concerned, FanDuel is a pioneer. Therefore, it is a no-brainer that they are one of the best sites for parlays. They have an extensive parlay market with loads of promotions for added value for bettors.
The regular Multi Game Parlay is available for all sports covered by FanDuel.
In addition to that, there is a wide array of parlay betting options such as Parlay Insurance, Parlay builder tool as well as SGP+ (SGPx), a unique feature that allows bettors to combine various Same Game Parlay.
21+ and present in AZ/CO/CT/IA/IL/IN/KS/LA (permitted parishes only)/MA/MD/MI/NJ/NY/OH/PA/TN/VA/WV/WY. Minimum $10 first deposit required. First online real money wager only (minimum $5). Bonus issued as nonwithdrawable bonus bets that expires in 14 days. See full terms at sportsbook.fanduel.com.
FanDuel Parlay Features
- Same Game Parlay: Football, Hockey, Baseball, Hockey, Soccer
- SGPx
- Parlay Insurance
- Profit Boosts
- Odds Boosts
- Parlay Builder
2. DraftKings Parlays
When it comes to Parlay betting, DraftKings are no pushovers. The Sportsbook is right at the forefront of parlay betting, and it is not hard to see why they are one of the top parlay betting sites.
DraftKings is one of the foremost sports betting platforms in the United States, and we are not surprised that they have an extensive range of Parlay options.
We are particularly thrilled that DFS has SGP available on a wide array of sports complete with a nice boost on each selection in a Parlay.
No Sweat First Bet up to $1,500 Plus a No Sweat Same Game Parlay Every Day of the NBA Playoffs
21+. New customers only. Offer available in
Offer available in
AZ/CO/CT/IL/IN/IA/KS/KY/LA/MD/MI/NJ/ NY/NC/OH/PA/TN/VA/VT/WV/WY.
Minimum $5 deposit required. Bonus Bets will be paid out within 24 hours of bet settlement. Bonus Bets valid for seven (7) days. One qualifying bet per customer. Opt in req. Separate opt-in required for SGP Insurance promotion. Offer expires 6/23/24. Terms and conditions apply, visit DraftKings to learn more.
See full T&C at DraftKings.
DraftKings Parlay Features
Same Game Parlay: NFL, NBA, MLB, NHL, MMA
Sign Up on DraftKings | See the list of the Best Parlay Sites
3. Caesars Sportsbook Parlay
Caesars Sportsbook is also in with a shout when it comes to parlay betting sites. The Sportsbook is credited for introducing the ‘Super Parlay’ which allows for a combination of SGPs with other bets for longer odds and a big potential payout.
The Sportsbook also has an impressive collection of parlay promos to give players more value on their bets.
Caesars’ boosts on parlays are particularly attractive with up to 50% of a stake. If you are interested in promotions, there are tons of daily promotions for parlay lovers.
Up to $1,000 Back in Bonus Bets if Your First Wager Loses 21+ only. New customers only. AZ/CO/IL/IN/IA/KS/KY/LA/MA/ MD/MI/NJ/NY/OH/PA/TN/VA/WV/WY only. Different offer available in KY. Deposit required (min $10). Must place first real money Qualifying Wager (min $10) within 30 days. Qualifying wager must settle within 30 days of being placed. Qualifying wager returned as non-withdrawable bonus bets only if wager is settled as a loss. Maximum Bonus Bet $1,000. Bonus Bet expires 14 days after receipt.
Caesars Parlay Features
- Same Game Parlay: NFL, NBA, MLB, NHL
- SGPx
- Boosts
- Parlay Insurance
- Parlay Builder
4. BetMGM Parlay
BetMGM refers to themselves as the ‘King of Parlays’. While they may be debatable, we certainly feel that they have made their mark as one of the top parlay betting sites.
They have Same Game Parlay offerings with numerous promotions to go with it. Parlay Boosts and Parlay Insurance are some of the notable ones.
But what sets BetMGM apart in the Parlay betting world is the Pre-Packaged Parlays for players.
These Parlays combine wagers which may not be available as single bets for players. But if you trust your ability to make a winning parlay, you can do that with the Easy Parlay tool.
21+. AZ/CO/IL/IN/IA/KS/LA/MD/MA/MI/NJ/OH/PA/TN/VA/WV/WY only. Offer not available in NY. New customers only. Qualifying deposit (min $10) and first real money wager required. If qualifying bet settles as a loss, user is refunded 100% in non-withdrawable bonus bets up to $1,000. Full T&Cs can be found on betmgm.com.
BetMGM Parlay Features
- Same Game Parlay: NFL, NBA, MLB, NHL, Soccer
- OGP+
- Boosts
- Parlay Insurance
- Pre-Packaged Parlays
- Parlay Builder
6. Bet365 Parlay
Bet365 has made a name for itself with traditional parlays, and it is not surprising that they are top parlay betting sites in the United States.
They have a top-notch parlay offer with a large collection of sports for traditional parlays. They also have a unique Tennis Same Game Parlay.
Players also have a chance to benefit from their 70% multi-sports parlay bonus.
The lack of an SGP+ feature is a drawback, but the Boosts on parlays and the sheer number of sports that are eligible for Same Game Parlays are nice touches.
Get $150 in Bonus Bets After Your First Real Money $5 Wager or Up to $1,000 Back in Bonus Bets if Your First Wager Loses
21+. New customers only. Limit one bonus per user.
Offer available in AZ/CO/IA/IN/KY/LA/NJ/NC/OH/VA.
First online real money wager for both offers. $10 first deposit required within 30 days.
Minimum wager of $5 required to claim the $150 bonus bets.
Loss refunded as bonus bets up to $1,000 with Safety Net Offer.
Bonus issued as non withdrawable bonus bets that expires in 30 days.
See full T&C at Bet365. #ad
Bet365 Parlay Features
- Same Game Parlay: NFL, NBA, MLB, NHL, Soccer, Boxing, Aussie Rules, Tennis, Rugby
- Boosts
- Parlay Builder
Betrivers Parlay
Our final entry is Betrivers, but that is not to say it falls short of the standard of parlay betting sites. Betrivers offers a number of parlay promotions on SGP bets. There is Parlay Insurance for various sports parlays.
What we find interesting is the Sliders used in selecting points spread the Over/Under markets when adding parley selections.
Although we do feel that the overall parlay offering of Betrivers can be improved on, bettors could be in for a big payday with a lot of Boosted Odds.
21+. New Customers Only. AZ/CO/IA/IL/IN/LA/MD/MI/NJ/OH/PA/VA/WV Must make a qualifying deposit of $10+ with claim code SPORTS. Must make qualifying cash wager with odds of -200 or greater. If the first qualifying wager settles as a loss, receive a non-withdrawable Bonus Bet equal to your stake, up to a maximum of $500. Full T's & C's apply, see BetRivers for more details.
Betrivers Parlay Features
- Same Game Parlay: NFL, NBA, MLB, NHL, Soccer
- Boosts
- Parlay Insurance
- Parlay Builder
Sign Up on Betrivers | See the list of the Best Parlay Sites
Types of Parlays
Parlays come in different forms. The most popular parlay is the traditional parlay, but other forms of parlays are not far behind in popularity and acceptance.
To better understand how parlays work, you have to know the types and how they differ from one another.
Same Game Parlay Betting Sites
The same Game Parlays are simply parlays of a string of betting outcomes from one single game.
In times past, parlays were only available for betting outcomes from different games. But nowadays, they are pretty much commonplace.
For example, in an NBA game between the Golden State Warriors and the Boston Celtics, you can back the Warriors to win, Steph Curry to score 20+ points.
Additionally, you can also include the number of assists from Steph Curry for instance. The advantages of SGP are that a bettor can focus on only one game and the odds will be significantly higher.
Multi Game Parlay Betting Sites
Multi Game Parlays as the name implies as selections from at least two different games into one wager. The Multi Game Parlay also known as the traditional parlay offers players a chance to fashion a bet by selecting a single betting outcome from different games.
For a bet to be considered a parlay, it must contain a minimum of two different legs. The cap on the number of selections varies depending on the betting site.
With each selection added to the bet slip, the odds stack up and it increases the chance of a big potential payout.
To land a winner, each of the selections on the bet slip must be preceded correctly.
Usually, Multi Game Parlays are available on sports covered by sportsbooks, the actual betting markets are a lot less limited. Generally, Multi Game Parlays betting options are limited to Points Spreads, Over/Under, and Player Props.
SGP+ Betting Sites
Same Game Parlay Plus (SGP+) or SGPx is an improvement on SGPs. This parlay type allows you to add bets from other games to Same Game Parlay.
It is still a new innovation and betting sites are slowly warming up to it. On sportsbooks where it is available, there are different variations to the name.
Nevertheless, it is a great form of parlay for its flexibility. And for those who take their chances with really long odds.
Company | Parlay Bet Types | Action | |||
---|---|---|---|---|---|
Parlay Bet Types
Super Parlay |
T&C applied
Up to $1,000 Back in Bonus Bets if Your First Wager Loses
21+ only. New customers only.
AZ/CO/IL/IN/IA/KS/KY/LA/MA/ MD/MI/NJ/NY/OH/PA/TN/VA/WV/WY only. Different offer available in KY.
Deposit required (min $10). Must place first real money Qualifying Wager (min $10) within 30 days. Qualifying wager must settle within 30 days of being placed. Qualifying wager returned as non-withdrawable bonus bets only if wager is settled as a loss. Maximum Bonus Bet $1,000. Bonus Bet expires 14 days after receipt. | ||||
Parlay Bet Types
SGPx |
T&C applied
No Sweat First Bet up to $1,500 Plus a No Sweat Same Game Parlay Every Day of the NBA Playoffs 21+. New customers only. Offer available in Offer available in AZ/CO/CT/IL/IN/IA/KS/KY/LA/MD/MI/NJ/ NY/NC/OH/PA/TN/VA/VT/WV/WY. Minimum $5 deposit required. Bonus Bets will be paid out within 24 hours of bet settlement. Bonus Bets valid for seven (7) days. One qualifying bet per customer. Opt in req. Separate opt-in required for SGP Insurance promotion. Offer expires 6/23/24. Terms and conditions apply, visit DraftKings to learn more. See full T&C at DraftKings. | ||||
Parlay Bet Types
One Game Parlay + |
T&C applied
21+. AZ/CO/IL/IN/IA/KS/LA/MD/MA/MI/NJ/OH/PA/TN/VA/WV/WY only. Offer not available in NY. New customers only. Qualifying deposit (min $10) and first real money wager required. If qualifying bet settles as a loss, user is refunded 100% in non-withdrawable bonus bets up to $1,000. Full T&Cs can be found on betmgm.com. |
Parlay Betting Offers
Parlays as a bet type are very popular amongst American bettors and sportsbooks, but in addition to that, parlays come with some juicy promotional offers.
Two of the most promotional promotions that are associated with parlays are Parlay Insurance and Parlay Boosts.
Parlay Insurance
As much as the chances of getting a higher potential payout are great with parlays, it is also fraught with risk given the number of selections.
If a player places a four-game parlay bet, and one leg bins it, such an outcome will be really hard on the bettor.
So, to compensate players who lost a parlay bet by just one leg, Sportsbook gives them parlay insurance to try their hand at it again.
Usually, parlay insurance covers only one leg of the bet and if you have lost a bet by one selection, the parlay insurance kicks in.
The reward is in the form of a bonus bet or returned stake. However, the former is more common.
To enjoy Parlay insurance, there are a few things like minimum odds and the number of selections or legs you have to understand.
- 🔢 Number of Selections
Most parlay insurance is designed to cover only the leg of selection in your parlay. Hence, if you have a parlay with 10 selections and 2 of the selections are lost, you will not get a bonus or your stake returned.
But if only one selection lets you down, you will be adequately covered.
- Minimum Odds
Sometimes, parlay insurance comes with some conditions, and of those is the minimum odds on each of the legs.
Usually, the sportsbook sets minimum odds that are religionless to be included in a parlay for parlay insurance to cover it.
Parlay Boost
A Parlay Boost is an offer that gives players an extra reward for winning their parlays.
The bonus can be awarded as a percentage on top of your regular winnings or added to the odds of individual selections.
If it is given to cover the entire bet, it is a Profit Boost. On the contrary, if it is applied to single legs, it is an Odds Boost.
- 🔝 Parlay Odds Boosts
Odds Boost is designed to increase the profit margin for players. Sportsbooks do this by adjusting the odds (usually higher) in favor of the bettors.
Sportsbooks dole out odds boosts in a couple of ways. Some give out Odds boost tokens that can be applied to a specific leg.
On the other hand, boosted odds are displayed by betting markets that are eligible.
Either way, when applied to bets, an Odds boost goes a long way in increasing the profit margin of players.
- 📈 Parlay Profit Boosts
Profits Boosts are arguably the most popular parlay boost, and they are generally applied to the overall bet, thereby increasing the potential payout.
Some Sportsbooks offer a specific percentage boost when you place a qualifying wager, but others increase with the number of selections.
For each leg that you add to your bet slip, the percentage bonus increases till the maximum is reached. For instance, Bet365 offers up to a 70% bonus for parlays with 14 selections.
Factors To Consider In Choosing A Parlay Betting Site
Before choosing a parlay betting site, there are some important factors that you need to consider. The availability of these features or lack of all or some of them is crucial in choosing the right one.
Let’s take a look at some of them.
- 🛒 Variety of Betting Markets
Betting markets are also important in the grand scheme of getting value off a parlay bet. If the market options are limited, there will not be enough options on the table in terms of betting choices.
On the contrary, if there is an extensive market, players will have numerous options to choose from.
- ⚒️ Parlay Features
Due to the rising popularity of Parlay betting, betting sites are designing new tools to make parlay betting even more enjoyable for players.
Features such as Parlay Builder tools make creating a parlay or a same game parlay even more seamless.
- 🎁 Parlay Promos
Parlay bonuses make parlay bets very attractive. And this is simply due to the fact that players can get a lot of value from them.
Odds Boost and Parlay insurance are two of the most popular types of parlay promos. Any betting site offering these two bonuses is worth its salt.
- 🎾 Same Game Parlays
Most betting sites have multi-game parlays, but if they also have same-game parlays and SGP+, you have significantly more options.
Many Sportsbooks have the traditional multi parlay option, but not all of them have advanced parlay bet types like SGP+ increased the range of betting options.
- Odds
Odds are as important as any other factor when looking to choose a parlay betting site.
If the odds are really high or at least competitive, there is a chance of getting a higher payout if you land your win your bet.
Ready to join A Parlay Betting Site?
We have extensively covered all you need to know and it is our sincere hope that we have been able to answer all your questions about Parlay betting sites.
You can click any of the buttons below to join a Parlay betting site.
Company | Bonus Text | Action | |||
---|---|---|---|---|---|
Up to $1,000 First Bet Back on Caesars |
T&C applied
Up to $1,000 Back in Bonus Bets if Your First Wager Loses
21+ only. New customers only.
AZ/CO/IL/IN/IA/KS/KY/LA/MA/ MD/MI/NJ/NY/OH/PA/TN/VA/WV/WY only. Different offer available in KY.
Deposit required (min $10). Must place first real money Qualifying Wager (min $10) within 30 days. Qualifying wager must settle within 30 days of being placed. Qualifying wager returned as non-withdrawable bonus bets only if wager is settled as a loss. Maximum Bonus Bet $1,000. Bonus Bet expires 14 days after receipt. | ||||
Bet $5 Get $200 If Your Bet Wins |
T&C applied
21+ and present in AZ/CO/CT/IA/IL/IN/KS/LA (permitted parishes only)/MA/MD/MI/NJ/NY/OH/PA/TN/VA/WV/WY. Minimum $10 first deposit required. First online real money wager only (minimum $5). Bonus issued as nonwithdrawable bonus bets that expires in 14 days. See full terms at sportsbook.fanduel.com. | ||||
No Sweat First Bet up to $1,500 + Daily NBA No Sweat SGPs |
T&C applied
No Sweat First Bet up to $1,500 Plus a No Sweat Same Game Parlay Every Day of the NBA Playoffs 21+. New customers only. Offer available in Offer available in AZ/CO/CT/IL/IN/IA/KS/KY/LA/MD/MI/NJ/ NY/NC/OH/PA/TN/VA/VT/WV/WY. Minimum $5 deposit required. Bonus Bets will be paid out within 24 hours of bet settlement. Bonus Bets valid for seven (7) days. One qualifying bet per customer. Opt in req. Separate opt-in required for SGP Insurance promotion. Offer expires 6/23/24. Terms and conditions apply, visit DraftKings to learn more. See full T&C at DraftKings. | ||||
Bet $5, Get $150 or $1,000 First Bet Safety Net |
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Get $150 in Bonus Bets After Your First Real Money $5 Wager or Up to $1,000 Back in Bonus Bets if Your First Wager Loses 21+. New customers only. Limit one bonus per user. Offer available in AZ/CO/IA/IN/KY/LA/NJ/NC/OH/VA. First online real money wager for both offers. $10 first deposit required within 30 days. Minimum wager of $5 required to claim the $150 bonus bets. Loss refunded as bonus bets up to $1,000 with Safety Net Offer. Bonus issued as non withdrawable bonus bets that expires in 30 days. See full T&C at Bet365. #ad | ||||
Second Chance Bets Up To $500 |
T&C applied
21+. New Customers Only. AZ/CO/IA/IL/IN/LA/MD/MI/NJ/OH/PA/VA/WV Must make a qualifying deposit of $10+ with claim code SPORTS. Must make qualifying cash wager with odds of -200 or greater. If the first qualifying wager settles as a loss, receive a non-withdrawable Bonus Bet equal to your stake, up to a maximum of $500. Full T's & C's apply, see BetRivers for more details. | ||||
Up To $1,500 In Bonus Bets If Your First Bet Is Lost |
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21+. AZ/CO/IL/IN/IA/KS/LA/MD/MA/MI/NJ/OH/PA/TN/VA/WV/WY only. Offer not available in NY. New customers only. Qualifying deposit (min $10) and first real money wager required. If qualifying bet settles as a loss, user is refunded 100% in non-withdrawable bonus bets up to $1,000. Full T&Cs can be found on betmgm.com. | ||||
No Sweat First Bet Up To $105 |
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Up to $105 Back in Fred Bets if Your First Wager Loses
21+. New customers only.
Offer available in AZ/CO/IA/MD/OH/VA. No Bonus in PA.
Minimum qualifying wager of $20+. Minimum odds of -200. Qualifying wager must settle as a loss to be eligible to claim Fred Bets. Maximum bonus awarded is $105, and Fred Bets must be wagered within 7 days of receiving. | ||||
Bet $5 & Get $100 in Bonus Bets |
T&C applied
Bet $5 & Get $100 in Bonus Bets 21+. AZ/NJ/TN/VA only. Different offer(s) available in FL/IA/IN/OH. New customers only. Must make a deposit and qualifying wager of $5+. Qualifying bet must have odds -250 or longer (i.e., +100, -110). Bonus Bets will be split up into 5 $20 Bonus Bets. Bonus Bets will be loaded into accounts on bet placement. Bonus Bets will expire 14 days after issuance. See full T&C at Hard Rock Bet. | ||||
Up to $250 in Matched Bets Over Your First 5 Weeks |
T&C applied
21+. New customers only. CO and IA only. Must deposit and wager $10+ within 30 days to become eligible for the 100% Bet Match up to $50 in non-withdrawable bonus bets for five (5) consecutive weeks (maximum total of $250). Bet Matches will only be applied to the first qualifying wager of each week. Promotional weeks begin on Monday, and wagers must be straight bets (no promotional markets) with odds of -200 or greater. Qualifying wagers must settle within seven (7) days of the bet placement. Full T's & C's apply, visit ClutchBet for more details. Must use promo code CLUTCH250 | ||||
Get Cash Back Up To $300 Use Promo Code BETBST |
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Earn 3% Cash Back up to $300 Over Your First 7 Days
21+. New customers only.
NJ/CO only.
Deposit required. Earn 3% cash back on each qualifying wager through the first 7 days of betting, up to $300 ($10,000 to reach max value). The promotional period begins after the first wager. Cash back will be awarded within 72 hours at the end of the player's 7 day period as a single sum. |
Parlay Sportsbooks FAQs
Most sportsbooks in the US have Parlays. But we are committed to bringing you the very best.
Here is a list of the top parlay betting sites:
Yes! There are various kinds of promos for parlay bets. These include Profit Boosts, Odds Boosts, and Parlay Insurance.
A Same Game Parlay is a bet which is a combination of different possible outcomes from one single event.
Usually, a parlay requires a minimum of two selections or legs to qualify as a parlay.
You can pretty much place parlay bets across a multitude of sports for the traditional or Multi Game Parlays.
However, with a Same Game Parlay or One Game Parlay, the options are limited to one game as the name implies. But the good thing is that the popular sports are well covered.
Yes.
To win your parlay bet, all the selections or legs in your bet must be predicted accurately, meaning each leg has to be settled as won.
SGP is an abbreviation for Same Game Parlay.
Yes! You can hold as many sportsbook accounts as you like, meaning that you can place parlay bets on each site as long as they offer it.