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What is a Parlay Bet

Up to $1000 in 4 risk free bets

New Customers only,T&Cs apply,21+

Parlays are one of the most popular ways to bet in sports today. Essentially, a parlay wager is multiple bets grouped into a single one. For example, instead of choosing the Cleveland Browns to win on a particular Sunday, you might choose the Browns, the Detroit Lions and the New England Patriots to win.

This means you need all three teams to indeed win – or one could also wager on all three to cover the point spread -- in order to win your bet, and if a single team loses than you lose your bet. This does increase your chance of losing a bet, but it comes with a much higher reward when you do win. This is a popular way to bet because it requires a smaller initial bet to win big. The more bets you include in your parlay the higher your reward is when you win.

Parlay Strategy

There are multiple strategies to approaching a parlay bet. Parlays are really fun for this exact reason: They allow the bettor to customize their bets in unique ways. For example, you could parlay an NBA bet with an NFL bet with an NHL bet with a UFC fight.

First thing to consider is how many bets you want to include in your parlay. If you are certain that a few teams are going to win this week in, say, football, then including just a few teams in a parlay can be a safe way to increase your winnings. If you like the lottery approach, you can include many teams and if you get them all right win big. This is all about your preference and the great thing about betting online is that you can usually customize your parlay exactly how you like it. Another thing to consider when betting on parlays is which sort of bets you want to include. You could focus on home underdogs, for instance, or just underdogs in general to increase your risk and reward. You could play it safer and go with the favorites and try to minimize risk while still getting a good payout due to the parlay.

Sport Betting Picks

Tennis Parlay Bonus - up to 70% more

If your bet wins,Bet365 will add a bonus of 5 - 70% to your winnings. The bonus amount is dependent on the number of selections. T&Cs apply.

Money Monday Club

Receive a $10 Free Bet when you place a total of $50 in qualifying wagers during the previous week.T&Cs Apply,opt-in required.

Sharp Shooter Wednesdays

Opt-in & place a $50+ pre-match spread wager on any NBA Weds night game & get $1 for every 3-pointer scored. T&Cs apply.

MLB Single Game Parlay Insurance

Place a SINGLE GAME PARLAY Bet on any MLB Game with 4+ legs and receive money back up to $25 if exactly 1 leg fails. Receive up to 1 free bet refund each day! T&Cs apply

2020 Olympics Free Bets

Wager on the Olympics to get free bets! Wager $500+ & get $1 for every Bronze Medal USA Wins,Wager $1000+ & get $2 for every Silver & $1 for every Bronze Medal and Wager $2500+ to get $3 for every Gold,$2 for every Silver,and $1 for every Bronze Medal USA wins. T&Cs Apply. Free bets credited August 9. T&Cs apply.

Live Profit Boost

Players will be rewarded with a 20% Profit Boost to use on Live offerings upon logging in during the promotional period every Monday and Friday during the promotional period.T&Cs apply.

Parlay Profit Boost

20% Parlay Boost every Wednesday and Saturday on any 3+ leg parlay. T&Cs apply,NJ residents only.

2 Goals Ahead Early Payout Off

T&Cs apply. New & eligible customers only.

No Score Tie Soccer Offer

T&Cs apply. New & eligible customers ony.

One Game Parlay Insurance

A minimum of two picks and a maximum of 10 picks from a single game can be included in a One Game Parlay wager,max insurance $25. T&Cs apply. 21+

Multi-Sport Parlay Bonus

Place pre-game parlay of 2 or more selections and new customers can get 5-70% winnings depending on selections. T&Cs apply

Parlay Plus

Get 40% more in profits on winning parlays! Opt-in and place a 4-7 leg parlay on any combination of sports or event.

Upto 60% more on Parlays

If your parlay wins,get extra cash on top,from 5% to 60% depending on selections.

Weekly Free Bet

Place 10 valid sports bets online between Fridays and Thursdays and get a $5 free bet.

Tennis Cash Booster

Get a 25% cash boost on tennis bets on Wednesdays and Fridays - T&Cs apply,max stake of $50.

Parlay Boost

4%-50% boost on parlays dependent on selections. T&Cs apply

Parlay Boost

Get 40% more in profits on winning parlays! Opt-in and place a 4-7 leg parlay on any sports combo. T&Cs apply

 

MLB Profit Boost

20% Profit Boost for any Live MLB Bet every Tuesday and Thursday,just log in during the promo period. T&Cs apply. NJ Only

Alternative Parlays

Round Robin: A Round Robin bet is a variation on the normal parlay that essentially groups multiple parlay bets together. This means you have to select three or more teams or totals to be in your Round Robin. Then you must choose how many teams or totals you would like to group together for your Round Robin. You do not have to tie all your bets together, so you are allowed to pick and choose which ones you want to be combined to increase your payout. This is basically a way to bet on multiple parlays at once as well as increasing some risk and reward if you so choose. Similar to “boxing” a horse in a trifecta or exacta in a horse race.

Teaser Parlay: A teaser parlay acts very similar to a traditional parlay, except that it involves more personal customization when it comes to the spread. There are no moneyline picks in a teaser parlay, you must pick with a spread – however, you are able to adjust the spread to your preference. This of course changes the odds involved, but can be a fun or creative way to personalize your parlay to something you are more comfortable with. For example, if you want to choose the Detroit Lions to cover the spread against the Green Bay Packers but do not think the 3-point spread is reasonable, you can bump the spread up to +5 in favor of the Lions for that particular bet in your parlay.

Free Betting Offers
Get a $500 risk free bet
New customer,21+,NJ Residents Only
100% first deposit bonus up to $250
21+,T&Cs apply,Only 1x Wager
Up to $600 risk-free first bet
New customers,21+,T&Cs apply
Up to $500 in bet credits
Up to $500 in Bet Credits for new customers . Make a min $10 deposit,place bets to deposit value,once they are settled,matched amount in Bet Credits available to use. Bet Credits risk excluded from returns. T&Cs apply.
Up to $1000 in 4 risk free bets
New Customers only,T&Cs apply,21+
$10 registration bet & $300 deposit match
New Customers Only,21+,T&Cs apply
Bet $50,get $50 (100% deposit match)
21+,T&Cs apply,Please gamble responsibly
Up to $250 risk free bet
21+,NJ residents,T&Cs apply
Claim a $500 risk free bet
21+,New Customers,T&Cs apply
Get $100 in free bets when you bet $20
Min $25 stake,New Plyrs,21+,T&Cs apply