One of the best examples of this is FanDuel Sportsbook’s various parlay insurances. Promotions are also a great way to try to gain an edge when betting parlays. For example – if you wager a 3-team parlay with each selection at odds of -105 instead of -120, your payout would be $74.42 instead of $61.62 for a $10 stake, so $12.80 more in profit just for shopping the odds. While there is often only a marginal difference between sportsbooks, in a parlay those margins quickly add up. Shop around for the best odds and promotions. Sportsbooks’ odds are a competitive market, and not all online sportsbooks offer the same odds and often try to outdo one another.Those bigger 10-team parlays can be great fun, but keep those stakes to a minimum and have smaller parlays as your main types. Stick to 2, 3, 4, or 5-team parlays most of the time. As mentioned above, each selection you add increases the difficulty so over time it is more likely to be profitable when keeping to the smaller-selection parlays.

This offer required a 3+ leg parlay of +400 odds to qualify. Bettors were eligible for this on multi game parlays of at least 4 legs with individual odds of -200 and cumulative odds of +400.ĭuring the NFL season, users had the chance to get refunds up to $10 if their same game parlay lost. As the sportsbook that popularized the Same Game Parlay in the US, it makes sense that FanDuel would go out of its way to ensure an incentivized parlay betting experience for users.įanDuel Sportsbook often offers users the opportunity to take advantage of parlay insurance for both traditional and same game parlays.ĭuring the NHL season, for example, FanDuel Sportsbook has regularly offered users the chance to get a refund in site credits of up to $25 per day on multi game parlays. Best Online Sportsbooks for Payouts & DepositsįanDuel Sportsbook is one of the best betting sites on the market for parlay bettors.

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