Best Parlay Betting Sites and Apps in December 2024
Best parlay betting sites
2 days
- BetMGM Benefits
- User-friendly mobile app
- Over a dozen deposit options
- Offers same-game parlays
- BetMGM Review
Within 24 hours
- bet365 Benefits
- Best prices
- Gold standard layout
- World-class live betting
- bet365 Review
Within 24 hours
- Caesars Benefits
- Best customer support
- Top-tier rewards program
- NFL live streaming
- Caesars Review
Within 24 hours
- FanDuel Benefits
- Best user experience
- World-class mobile app
- Best for live betting
- FanDuel Review
Within 24 hours
- Fanatics Sportsbook Benefits
- NFL live streaming
- Flexible FanCash Rewards
- Improved app performance
- Fanatics Sportsbook Review
Within 24 hours
- DraftKings Benefits
- Best mobile app
- Supreme navigation
- Best for grading winners
- DraftKings Review
Within 24 hours
- BetRivers Benefits
- Weekly promotions
- Over 20 sports available
- NFL live streaming
- BetRivers Review
Best parlay betting promo codes
|
Sports betting site |
Welcome bonus |
Promo code |
|---|---|---|
|
⭐ BetMGM |
CVRBONUS1500 |
|
|
⭐ FanDuel |
Claim $150 without code |
|
|
⭐ bet365 |
Bet $5, get $150 or $1,000 First Bet Safety Net |
COVERS CVSBONUS (CO, NJ, PA only) |
|
⭐ Caesars Sportsbook |
COVERSBONUSDYW |
|
|
⭐ DraftKings |
Bet $5, Get $150 if You Win |
Claim $1,150 |
|
⭐ BetRivers |
COVERSBONUS |
|
|
⭐ Hard Rock Bet |
Claim $100 without code |
|
|
⭐ Fanatics Sportsbook |
Claim $1,000 without code |
Best NFL parlay betting sportsbooks
1. BetMGM
$1,500 in Bonus Bets
Bonus bets expire in 7 days. One new customer offer per user. Additional terms apply. 21+. Gambling Problem? Call 1-800-GAMBLER. CVRBONUS1500
Here's the deal: BetMGM is one of the most reputable sportsbook brands in the nation. By taking advantage of BetMGM’s easy-to-use parlay builder, sports bettors can choose from dozens of betting options to create parlay bets featuring up to 10 legs. BetMGM also offers pre-packaged same-game parlay options that pay out on enhanced odds.
The bottom line: Whether you are looking to customize your own parlay bets or simply get in on pre-packaged parlay offerings, BetMGM has got you covered with a wide variety of betting options and competitive odds. All of these great features are available through its user-friendly mobile app.
Available in: Arizona, Colorado, DC, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, Mississippi, Nevada, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, Wyoming
Quick facts: BetMGM NFL parlays
| Same-game parlays | Yes ✅ |
| Minimum legs | 2 |
| Maximum legs | 10 |
| BetMGM app | iOS and Android ✅ |
| Payout speed | 2 days |
| BetMGM bonus code | CVRBONUS1500 |
| BetMGM Sportsbook offer |
$1,500 in bonus bets (excluding NV and NY) |
| Last Verified | Dec. 3, 2024 |
2. FanDuel
Bet $5, Get $150 if You Win + 3 Months of NBA League Pass
New customers only. Deposit min. $5. Place first bet of min $5 and get $150 in bonus bets if your bet wins. Here's the deal: A daily fantasy sports pioneer, FanDuel has evolved into one of the leading brands in the rapidly expanding legal, regulated sports betting market in the United States. A big part of FanDuel’s success has come from its commitment to offering a parlay betting experience that is reliable and secure and offers some of the most competitive odds available. FanDuel — one of the best sports betting apps in the U.S. — is also one of the industry's top parlay betting apps.
The bottom line: FanDuel tops our list of the best parlay betting sites in 2024. An innovator in NFL same-game parlay betting, FanDuel should be on the preferred list of online sportsbooks for every sports bettor looking for a betting edge.
Available in: Arizona, Colorado, Connecticut, DC, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Vermont, Virginia, West Virginia, Wyoming
Quick facts: FanDuel parlays
| Same-game parlays | Yes ✅ |
| Minimum legs | 2 |
| Maximum legs | 10 |
| FanDuel app | iOS and Android ✅ |
| Payout speed | Within 24 hours |
| FanDuel Sportsbook offer | |
| Last Verified | Dec. 3, 2024 |
Sign up for FanDuel Sportsbook
3. bet365
Bet $5, Get $150
Code: COVERS
Code: CVSBONUS (CO, NJ, PA only)
$1,000 First Bet Safety Net
Code: COVERS
Code: CVSBONUS (CO, NJ only)
Here's the deal: bet365 is quickly emerging as the sportsbook of choice for sports bettors looking to place the week’s best parlay. An established giant in the British and European sports betting markets, bet365 features a ‘Parlay Builder’ that enables you to custom tailor your parlay wagers. You can choose from a wide range of competitive game line odds and props to build your desired parlays. bet365 also offers a handy cash-out option that enables you to enjoy a reduced payday even before the game is over.
The bottom line: As one of the world’s largest and most trusted online sports betting sites, you can’t go wrong making bet365 your sportsbook of choice for parlay betting. bet365 offers competitive odds, pre-packaged SGPs, and a convenient option to cash out while you are ahead.
Available in: Arizona, Colorado, Indiana, Iowa, Kentucky, Louisiana, New Jersey, North Carolina, Ohio, Pennsylvania, Virginia
Quick facts: bet365 NFL parlays
| Same-game parlays | Yes ✅ |
| Minimum legs | 2 |
| Maximum legs | 10 |
| bet365 app | iOS and Android ✅ |
| Payout speed | Within 24 hours |
| bet365 bonus code | COVERS or CVSBONUS |
| bet365 Sportsbook offer | |
| Last Verified | Dec. 3, 2024 |
4. Caesars Sportsbook
Bet $1, Get 100% Boost on Next 10 Bets
New customers only. Must register using eligible promo code. Wager $1 to earn a profit boost on your next 10 bets. Max. winnings of $2,500 for each boost which expire 14 days after receipt. Void where prohibited. See Caesars.com/promos for full terms. COVERSBONUSDYW
Here's the deal: One of the most recognizable names in the global sports betting market, Caesars Sportsbook now brings the Vegas sportsbook experience to you via its betting site and mobile apps. In addition to offering competitive odds, Caesars makes it easy to get into parlay betting. With the ability to combine up to 10 legs into a single parlay, there is plenty of potential for big payouts. Caesars also offers a variety of bonuses and promotions that further enhance your betting experience.
The bottom line: Caesars now brings all the excitement of the Vegas Strip to parlay betting and provides an opportunity to gain an edge with lucrative bonuses and promotions.
Available in: Arizona, Colorado, DC, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Mississippi, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, Wyoming
Quick facts: Caesars NFL parlays
| Same-game parlays | Yes ✅ |
| Minimum legs | 2 |
| Maximum legs | 10 |
| Caesars Sportsbook app | iOS and Android ✅ |
| Payout speed | Within 24 hours |
| Caesars Sportsbook promo code | COVERSBONUSDYW |
| Caesars Sportsbook offer | |
| Last Verified | Dec. 3, 2024 |
Sign up for Caesars Sportsbook
5. DraftKings
Bet $5, Get $150 if You Win
New customers only. Deposit min. $5. Place first bet of min. $5 and get $150 in bonus bets. Here's the deal: Another dominant force in the early days of DFS contests, DraftKings has leveraged that expertise to become one of the premier sportsbook brands in online sports betting. Known for its competitive odds, DraftKings makes it easy for sports bettors to make parlay picks using their mobile apps. The sportsbook also provides a straightforward tutorial for sports bettors getting in on parlay wagering for the first time.
The bottom line: DraftKings has built on an already impressive track record with an approach to parlay betting that makes it easy for sports bettors with a wide range of skill levels to get in on the action.
Available in: Arizona, Colorado, Connecticut, DC, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, New Hampshire, New Jersey, New York, North Carolina, Ohio, Oregon, Pennsylvania, Tennessee, Vermont, Virginia, West Virginia, Wyoming
Quick facts: DraftKings parlays
| Same-game parlays | Yes ✅ |
| Minimum legs | 2 |
| Maximum legs | 10 |
| DraftKings app | iOS and Android ✅ |
| Payout speed | Within 24 hours |
| DraftKings Sportsbook offer | |
| Last Verified | Dec. 3, 2024 |
How to place a parlay
Getting in on parlay wagering is fast and easy. Once you have selected the right sports betting apps for you, just follow these simple steps.
Register
After doing your homework and selecting the licensed sportsbook that best suits your needs, simply click on the button to register and follow the instructions. Don’t forget to have key personal information on hand to avoid delays, including your email address, date of birth, and social security number.
Deposit funds
Once you have completed the registration process, it is time to deposit funds in your account. Most reputable online sports betting sites enable you to make fast, secure deposits by a variety of methods, including credit cards, e-wallets, and online banking.
Make a wager
Now that your account is set up and funded, you are ready to place a bet. Simply click on the sport and game of your choice, and look for the “Parlay Builder” option. Don’t forget to take advantage of bonuses and promotions now available to new customers at most major online sportsbooks.
Withdraw winnings
The only thing better than hitting on your parlay is seeing your winnings land in your bank account. A variety of withdrawal options are available at reputable online betting sites, but be prepared to wait a few days for your withdrawal transaction to be processed.
What makes a parlay
Parlays enable you to combine multiple single bets, also known as legs, into one bet, with the potential payout boosted by enhanced odds. Parlays can feature various types of bets, including point spread, totals, and props. However, keep in mind that every leg must win for you to cash in on your parlay.
- Over/Unders (totals): Over/Unders, also known as totals, enable you to wager on the total number of points scored by either one or both teams in a game. In addition, totals betting options are also available that let you bet on the total number of points that will be scored in a specific quarter or half of the game.
- Point spreads: By far the most popular betting option, point spreads enable you to wager on the margin of victory or defeat in a game. Is your team favored by 7.5 points? In that case, they must claim victory by eight or more points to cover the spread. Conversely, a bet on a 7.5-point underdog requires that team to avoid losing by more than seven points to produce a payout.
- Moneyline: With moneyline betting, you can wager on which team will emerge as the outright winner of a game, with the moneyline odds determining the size of the payout. Moneyline odds are also used to determine the payout size in other game line bets like point spreads and totals, as well as potential paydays in props and futures betting.
- Props: Unlike game line odds, which focus on game results, prop bets enable you to wager on the performances of individual players and teams throughout the game. Do you think the game’s first possession will result in an offensive touchdown? There’s a prop bet for that. Other examples of NFL prop bets include the number of yards compiled by individual players and the first team to score 10 points.
Dos and don’ts of parlays
While several of the biggest U.S. sportsbooks operating today — such as FanDuel and BetMGM — agree that parlays are the key to online sports betting's future growth, this type of bet also adds a layer of complexity to your betting strategy. Accordingly, it is important to remember some rules of thumb to ensure your parlay betting experience is a positive one.
Do your homework.
Be sure to study the teams that you are considering backing or fading. That includes staying up to date with injuries, key betting trends, weather, and off-field activity that could impact a team’s performance on game day.
Do shop around for the best odds.
Not all sportsbooks are equal, so take the time to determine which sportsbooks offer the best odds that are in line with your betting objectives.
Do manage your bankroll.
Turning a profit in sports betting is challenging enough already. Not having a strategy for managing the size of your betting stakes makes it even more difficult.
Don't place bets based on emotion.
Every sports bettor has a favorite team, and while supporting your team with a big bet can be exciting, you are more likely to cash in on wagers backed by solid research rather than emotions.
Don't overdo it.
Wagering on a 10-leg parlay can be tempting, but sometimes the smartest bet will feature just two legs.
Don't wait until the last minute.
Odds are typically published within hours of the completion of the most recent game and often feature the most competitive prices. So be sure to take advantage of opening lines instead of racing to make bets just before the opening kickoff.
Latest sports betting news
What makes a good parlay betting site?
With so many parlay betting sites and football betting apps, staying abreast of which sportsbooks offer the best odds, bonuses, and bet types can be tough. That's why we have done the research to help you make smarter betting decisions and build your bankroll.
Variety of markets
Of course, the best parlay betting sites allow you to choose from a wide variety of betting markets. This includes comprehensive game line odds and alternate odds, as well as player and team props that cover all the action on the gridiron.
Banking options
Bettors should always identify the betting sites that offer their preferred sportsbook deposit and withdrawal methods and can expedite transactions as quickly as possible. Most sportsbooks support some combination of Visa, Mastercard, PayPal, online banking, and pre-paid cards.
Odds and pricing
Parlay betting odds can vary from sportsbook to sportsbook based on the handicapping skill of online betting site oddsmakers. Keep tabs on odds and betting lines at multiple sportsbooks to ensure you can maximize your potential payout.
Bonuses and promotions
Reputable sports betting sites offer several bonuses and promotions that can enhance your betting experience. From the moment you make your first deposit, you can take advantage of the most common sportsbook sign-up bonuses, including second chance bets and deposit match bonuses. Bet boosts, bonus bets, and other promotions can also give you a clear betting edge.
Trust and integrity
With some of the most trusted sportsbook brands opening for business in a growing number of U.S. states, sports bettors can now avoid the uncertainty of doing business with unregulated, offshore betting sites. Rest assured that Covers only recommends the most reliable and secure online U.S. sportsbooks.
Customer support
Sometimes, bettors need assistance navigating the processes at their preferred online betting sites. The best sportsbooks offer a variety of ways to get in touch with customer support representatives quickly and easily. In addition, most platforms feature comprehensive FAQ sections to address common issues.
States with parlay betting sites
The number of U.S. states offering legal, regulated sports betting is growing every month, putting parlays within reach of the growing number of American sports bettors.
If you're in one of the following states, what are you waiting for? Your first parlay is just a few taps away.
| State | Parlay betting sites available |
| Arizona | ✅ |
| Colorado | ✅ |
| Connecticut | ✅ |
| Illinois | ✅ |
| Indiana | ✅ |
| Iowa | ✅ |
| Kansas | ✅ |
| Kentucky | ✅ |
| Louisiana | ✅ |
| Maine | ✅ |
| Maryland | ✅ |
| Massachusetts | ✅ |
| Michigan | ✅ |
| New Hampshire | ✅ |
| New Jersey | ✅ |
| New York | ✅ |
| Ohio | ✅ |
| Oregon | ✅ |
| Pennsylvania | ✅ |
| Tennessee | ✅ |
| Vermont | ✅ |
| Virginia | ✅ |
| West Virginia | ✅ |
| Wyoming | ✅ |
Blacklisted parlay betting sites
See all blacklisted sportsbooks 
With the assistance of the Covers community, we've compiled a list of untrustworthy offshore betting sites. Late payments, poor customer service, and other questionable actions have landed these operators on our do-not-play list. Avoid these blacklisted betting sites at all costs.
- Allegations of withdrawal issues
- No license information available on site
- Poor customer service
- Multiple reports of slow payments
- Allegations of non-payments
- Risk of account closure simply for winning bets
- Reports of confiscated winnings
- Slow customer support response times
More betting resources
One of the biggest keys to successful betting is doing your homework and ensuring you are placing parlay bets at sportsbooks offering the best odds and the greatest variety of betting options.
Review our betting guides to get the most out of every wager in 2024.
Parlay betting sites FAQ
Yes, parlay betting sites are legal in the U.S. Most licensed and regulated online sportsbooks allow users to assemble parlay bets.
A parlay bet involves multiple wagers, or legs, strung together into a single bet. While parlay bets have longer odds and may lead to potentially large payouts, these bets carry more risk than a single wager. If just one leg in your parlay fails to hit, you lose.
Same-game parlays (SGPs), like regular parlays, involve multiple wagers, or legs, attached to a single bet. But while regular parlays can include bets from more than one game or sport, same-game parlays include wagers from the same game only.
Yes. While limits vary from sportsbook to sportsbook, most online betting sites require anywhere from two to 16 legs per parlay.
To calculate parlay odds, use decimal odds to multiply the odds of each leg together. Then multiply that total by the amount you wish to bet.
You can make a parlay bet online with any of the sportsbooks mentioned earlier in this guide.
Yes. You can easily create NFL and NBA parlays using mobile apps provided by reputable online betting sites.
Yes. Caesars offers parlays with a maximum of 10 legs, including game line odds, alternate betting lines, and props.
Yes. DraftKings makes it easy to get in on parlays with a wide variety of betting options and a handy tutorial that will walk you through the process of building your bet.
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