Best Parlay Betting Sites & Apps

Stepped-Up Parlays - How DraftKings Enhances Multi-Leg Bets

A DraftKings Sportsbook+ subscription is currently only available to New York bettors, but it's likely to be rolled out across more of the brand's 23 states in the near-term. The projected subscription cost will be $20 per month, and here's an overview of what to expect:

• A 100% profit boost on parlays or SGPs with up to 11 legs
• Boosts are applied to qualifying wagers of up to $25
• Stepped Up Boost Tokens will be added to your account in less than 30 minutes

This feature and subsequent profit boosts have already earned stellar feedback on iOS and Android. DraftKings has an average rating of 4.8/5 across both operating systems, from a combined total of more than 1.07 million reviews.

DraftKings 100% Profit Boost Tokens - Maximizing Parlay Returns

There are other DraftKings parlay profit boost offers available, especially if you like to wager on the NFL. For example, you're eligible to receive a variable profit boost of up to 100% when you parlay qualifying NFL matches. Parlays, SGPs and SGPx wagers are all eligible to receive the boost, although your bets must include a minimum of three legs.

As an existing customer, you can also claim a NFL Touchdown Parlay Boost of up to 30%. Once again, this can be applied to traditional parlays, SGPs and SGPx wagers, which include a minimum of three legs and selections from qualifying Touchdown Scorer markets.

The minimum odds requirements here are +100. These odds carry an implied probability value of 50.0%, while the range is broad enough to include the vast majority of parlay bets.

Mixed Live and Pre-Game Parlays - DraftKings' Unique Offering

DraftKings allows up to 10 legs per traditional parlay, and six in an SGP. The site also offers a huge number of player props across leagues like the NFL, up to 500 per match. The industry average here is between 300 and 400. This creates greater flexibility when building parlays and SGPs.

However, various Reddit threads have shared frustration about the 10-leg cap for traditional parlays, especially with FanDuel (15) and Caesars (12) allowing more.

When it comes to SGPs, DraftKings lets you combine both pre-match and in-play bets for selected leagues and matches. Such wagers must feature at least two selections from the same game, which can be drawn from a broader selection of markets.

We've already touched on the SGPx feature at DK, which is similar to FanDuel's SGP+ functionality. So, you can combine different SGP picks into a single SGPx wager, unlocking significantly longer odds and potential payouts in the process.

"Edit My Bet" Feature - Modify Active Parlays Mid-Game

BetMGM's unique Edit My Bet feature is applicable to any wager that offers cash out and has unsettled selections. So, even if one or more of your parlay picks have already been settled, the feature can still be used if the Cash Out option remains active.

If you want to adjust active parlay legs, just select the Edit Bet label on the bet card. This will automatically move the wager into Edit Mode, at which points variable features may be made available.

You can add or remove live selections, for example, or swap one game or player prop for another. It's also possible to increase your stake, which may be appealing if you think that the actual probability of an outcome occurring is now higher than the odds imply.

If you adjust your stake, the new amount will be equal to the Cash Out value of the bet shown when you commenced the editing process.

BetMGM Parlay Bonuses - Scaling Percentages by Leg Count

BetMGM offers comprehensive parlay insurance, covering up to $25 in losses on qualifying SGPs. This creates a concession for one or more losing picks, which usually takes the form of a bonus bet. Insurance is usually available for parlays with 4+ picks.

Otherwise, there are no specific parlay bonuses currently available at BetMGM. However, college football and basketball odds boost tokens are running, with these applicable to qualifying straight bets, traditional parlays and SGPs. Odds boosts typically range between 25% and 50% at BetMGM.

For specific parlay bonuses, BetMGM typically scales the odds or profit boost in accordance with leg count. You'll often have to build parlays with 10 legs to maximize boosts for traditional parlays.

MGM Rewards Integration for Parlay Bettors

You can link your BetMGM sportsbook app with MGM Rewards. This lets you earn Rewards Points on every single wager that you place, with parlays particularly rewarding. You'll earn up to 50 Rewards Points and Tier Credits for every $100 bet on parlays, for example, depending on the total odds at which you wager.

Rewards Points can be redeemed for odds boost tokens and bonus bets. However, they may also be redeemed at land-based BetMGM resorts and participating retailers, as comp towards hotel stays, dining and entertainment. They can also be exchanged to Marriott Bonvoy® points.

Why Caesars Allows 12 Legs When Others Cap at 10 or 11

Caesars allows up to 12 legs per traditional parlays, with only FanDuel (15) offering more. However, they also let you build SGPs with as many as 12 selections, matching BetMGM as the leaders in this particular market.

The broad industry standard for the number of traditional parlay legs is 10, whereas this falls to six for SGPs. So, both standard combination bets and a Caesars same-game parlay afford you greater flexibility when compared to rival books, enabling you to wager at extended odds and potentially pursue higher returns.

However, assuming that each pick had even odds and an implied probability of around 0.510, a 10-leg parlay would only have a 0.098% chance of winning. So, a 12-leg parlay is even less likely to pay out.

Caesars Same Game Parlay Strategy - Building Super Parlays

Caesars also offers so-called Super Parlays. This feature introduces even more flexibility, in part by allowing you to combine multiple qualifying SGPs in a single wager. Up to 25 legs are permitted here, creating significantly higher odds and potential payouts than FanDuel's SGP+ and DraftKings' SGPx.

What's more, Caesars' Super Parlays can also combine existing SGPs with both traditional parlay picks and straight bets. Standard SGP rules apply to all Super Parlays and each individual leg. This type of wager is available through Caesars' Parlay Plus feature, which may also unlock boosted payouts on qualifying multi and single-game wagers.

Caesars Rewards - Earning Points on Parlay Bets

As we've touched on, Caesars lets you accrue up to 20 Rewards and Tier Credits when you wager $100 on qualifying parlays. To unlock the maximum RC and TC earning rate, your parlay bets will need to offer total odds of +200 or longer. These unlock a favorable implied probability value of 33.3% and will cover a broad selection of parlays and SGPs.

Every 100 RCs that you earn has a bonus cash value of $1 (TCs have no cash value and are used to set your loyalty tier status at Caesars). Earned RCs can be redeemed at more than 50 Caesars resorts and sportsbook locations, including hotels and participating restaurants. Online partner brands include Norwegian Cruises, creating even more choice in terms of how you spend your rewards.

bet365's 2.5% to 100% Profit Boost Structure Explained

Scalable and adjustable profit boosts are available on qualifying SGPs at bet365. Boosts start at a nominal 2.5% and can increase up to a maximum of 100%, increasing with every leg included up to the site's maximum of 10.

The bonus's terms and conditions also make these profit boosts accessible. For example, you simply need to build a 3+ leg parlay to qualify, at cumulative odds of +100 or longer. This unlocks an implied probability value of at least 50.0%, which will cover virtually all SGPs with three or more picks.

Overall, this structure unlocks optimal value for bettors, who can build SGPs that strike the ideal balance between risk and reward.

International SGP Coverage - Beyond US Sports

As an international brand, bet365 is focused on a broader selection of sports than many of their rivals. The brand lets you wager on more than 40 disciplines overall, including European-centric sports like soccer, tennis, golf, darts, Rugby Union and field hockey.

This affords you greater choice when building multi-leg parlays and SGPs, especially if you're a soccer fan. For example, bet365 offers more than 300 player and game prop betting markets per single match in the English Premier League, so you can construct varied parlay bets that include up to 10 legs.

If you're a tennis fan who likes to wager on one or more of the four Grand Slam events, Bet365 also offers value. There are more than 100 prop betting markets per Grand Slam tennis match on average, which can also be combined to create parlay bets and SGPs.

Selected parlays at bet365 will also offer flexible full and partial cashout options. These options are broadly available across 90% of all Bet365 live markets, and may afford you greater control over your parlays.

FanCash Rewards Structure - How 5% on SGPs Compares

Fanatics offers the highest parlay-specific rewards rate in the industry. When you place a same game parlay, you earn 5% FanCash back on your total wager amount (win or lose). Traditional parlays earn 3% FanCash, which still exceeds most competitors' standard rewards rates.

For context, if you place a $100 SGP, you'll immediately earn $5 in FanCash regardless of the outcome. This creates inherent value on every parlay you construct, effectively reducing the house edge by the reward percentage.

The FanCash earning rate scales higher for longer-odds parlays. Parlays with combined odds of +400 or longer can earn up to 10% FanCash, creating exceptional value for bigger combination bets. This tiered structure incentivizes strategic parlay construction rather than punishing risk-taking.

Redemption Options - Beyond Sports Betting

FanCash differentiates itself through merchandise redemption. While BetMGM and Caesars focus on hotel stays and dining, Fanatics lets you redeem FanCash across their entire retail ecosystem:

• Team Jerseys & Apparel: Redeem for authentic NFL, NBA, MLB, NHL jerseys at full retail value
• Trading Cards & Collectibles: Purchase sports memorabilia, rare cards, and autographed items
• Bonus Bets: Convert FanCash to sportsbook bonus bets at 1:1 ratio
• Live Event Tickets: Redeem for concert and sporting event tickets through Fanatics partnerships

The merchandise angle resonates particularly well with parlay bettors who enjoy the entertainment aspect of betting. Reddit threads in r/sportsbook frequently highlight users funding their fantasy football jersey purchases entirely through accumulated FanCash from parlay betting.

NFL Streaming Integration for Parlay Bettors

Fanatics has secured NFL streaming rights within their mobile app, allowing you to watch select games while tracking your parlays in real-time. This integration is particularly valuable for same game parlay bettors who want to monitor multiple player props simultaneously.

The streaming interface lets you pin specific stats tracked in your active parlays, creating a customized view focused on your action. For example, if you've built a 5-leg SGP including Patrick Mahomes passing yards, Travis Kelce receptions, and Chiefs -7, you can pin these exact stats to track alongside the live stream.

This feature currently leads the market—no other sportsbook offers integrated live streaming specifically optimized for parlay tracking. DraftKings and FanDuel require separate apps or browser windows to watch games while monitoring bets.

ESPN Ecosystem Integration - Stats and Analysis in Parlay Builder

ESPN BET's defining advantage is seamless integration with the broader ESPN ecosystem. When constructing a parlay, you have direct access to ESPN's comprehensive player statistics, expert analysis, and injury reports without leaving the betting interface.

The parlay builder includes a "Stats View" toggle that overlays relevant ESPN data for each selection. For example, when adding Patrick Mahomes Over 2.5 TD passes to your slip, you'll see his TD pass percentage at home (68%), performance against the specific opponent (averaging 3.2 TDs), and expert analyst predictions (ESPN's Adam Schefter or Field Yates takes).

This integration eliminates the multi-tab workflow most bettors use. Reddit's r/sportsbook community frequently cites ESPN BET as "best for research integration," particularly for new bettors who rely heavily on expert analysis when building parlays.

Beginner-Friendly Parlay Builder - Guided Construction

ESPN BET offers a "Guided SGP Builder" specifically designed for first-time parlay bettors. When you select a game to build an SGP, the interface provides:

• Correlation Warnings: Red flags appear when adding negatively correlated legs (e.g., kicker 4+ FGs + team high total)
• Suggested Props: Algorithm recommends positively correlated additions based on your current selections
• Win Probability Meter: Real-time visual showing how each leg addition affects overall parlay likelihood
• Expert Parlay Templates: Copy pre-built SGPs from ESPN analysts with one click

The correlation warnings are particularly valuable. When you add a fifth leg that creates negative correlation, ESPN BET displays: "⚠️ This selection conflicts with [Leg 2]. Consider alternative props." This prevents common beginner mistakes that experienced bettors learn through costly trial and error.

PENN Play Rewards - Casino and Sportsbook Integration

ESPN BET operates under PENN Entertainment, providing access to the PENN Play rewards program. This loyalty system differs from FanDuel, DraftKings, and others by offering redemption at physical casino properties:

• Land-Based Redemption: Earn credits on parlay bets, redeem at 40+ PENN casinos nationwide
• Hotel Comps: Free nights at M Resort (Las Vegas), Hollywood Casino properties, L'Auberge locations
• Dining Vouchers: Redeem for meals at casino restaurants and celebrity chef establishments
• Entertainment Tickets: Concert and show tickets at PENN-operated venues

Parlay bettors earn 1 Tier Credit and 1 Reward Point per $10 wagered. A $100 three-leg parlay immediately earns 10 credits. Accumulated credits can be redeemed for significant value—1,000 points typically converts to $10 in comp value, creating an effective 1% rakeback rate on all parlay betting volume.

The physical casino integration appeals particularly to bettors who enjoy the land-based gambling experience. ESPN BET's rewards program creates a bridge between online parlay betting and real-world casino perks, unique among the sportsbooks reviewed in this guide.