As more and more sportsbooks enter the online sports gambling market, companies need a way to stand out. Enter ParlayPlay. Rather than hosting typical daily or season-long fantasy sports competitions, ParlayPlay comes with a unique twist.
ParlayPlay allows you to choose a series of proposition-style picks instead of agonizing over weekly or season-long lineups. The more picks you add to your parlay, the higher the multiple on your potential winnings (up to a maximum of 155x your entry). There are a few different types of parlays you can build, but ParlayPlay emphasizes simplicity.
Right now, ParlayPlay is offering a free $5 just for registering a new account. This will help jumpstart your bankroll, but the real money can be made from its secondary bonus offer. That’s where ParlayPlay will match your first deposit 100% up to $100. This bonus is credited to your account instantly once your payment is processed.
Because ParlayPlay diverges from a typical gambling operator, it can operate in more states than the usual online sportsbooks. Unlike traditional gambling sites like DraftKings, ParlayPlay is legal to access and use in dozens of US states (with more being added all the time). If you live in a state like Alabama, for instance, where many online gambling sites are forbidden, you can still use ParlayPlay.
Read on to learn more about this fun and unique gaming operator. We will break down all the reasons why ParlayPlay is great and some places where it could improve. We will also dive deeper into the bonus offer, customer service options, banking methods, and everything else you could want to know.
Why Sign Up With ParlayPlay?
- 100% match on your first deposit (up to $100)
- Easy-to-learn gaming platform
- Well-designed and functional mobile apps for iOS and Android
- Free-to-play competitions weekly
ParlayPlay Bonus Details for April 2024
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ParlayPlay promo code |
No code necessary. Simply follow any of the links in this article. |
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Sign-up bonus info |
$5 to your balance for creating a new account. Then, 100% match on your first deposit up to one hundred dollars. |
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Minimum Deposit |
$10 |
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Deposit options |
Visa, Mastercard, and Discover credit and debit cards |
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Promotions? |
Referral bonus, rewards program, free contests, seasonal promos |
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Last Updated |
April 2024 |
What To Know About the ParlayPlay Welcome Bonus
ParlayPlay has a great welcome bonus. The bonus starts small with a free $5 for all first-time players, just for creating an account. No deposit is necessary. This is a great treat that will help players try out the ParlayPlay platform and see if it is right for them without depositing any cash.
Should you choose to make a real cash deposit, ParlayPlay has a second bonus offer waiting for you. You will get your deposit matched dollar for dollar up to $100. Although this offer is fairly common in the online gaming industry, it is always very enticing and provides an excellent reason to check out all that ParlayPlay has to offer.
How Does ParlayPlay Work?
ParlayPlay offers a variety of contests centered around predicting the statistical performances of two or more athletes. While each contest type possesses its own distinct characteristics, the common thread is the opportunity to earn cash rewards by making precise predictions.
With entry fees from $1 to $50, participants stand a chance to win substantial prizes, with the potential to earn up to $500 in a 10x contest. Following the conclusion of each contest, ParlayPlay diligently awaits official confirmation from its statistics provider and promptly credits winnings to players' accounts within 24 hours.
There are two main types of contests to choose from at ParlayPlay: Higher/Lower and Hit It.
In Higher/Lower contests, players select two, three, or four athletes for upcoming contests. They then must decide if those players will score above or below the projected points or stats total. For instance, you might predict whether Aaron Judge of the New York Yankees will have more or less than 2 RBI.
Meanwhile, Hit It contests are similar in that players must predict the statistical performance of a player. Instead of simply choosing "over" or "under," players must select the correct total from a given range. For example, you may wager on Patrick Mahomes to reach total passing yards of 0-190, 191-231, 232-258, 259-285, 286-326, or 327+ yards. You need to choose the correct range in order for your bet to hit.
With both types of contests, players can also opt for an "insured" bet. This means that you do not need to hit correctly on every single wager. You can get one leg of your parlay wrong and still collect some winnings. The catch is that if you opt to insure your bet, you will receive a smaller payout even if you do hit every leg of your parlay.
Is ParlayPlay Legal?
Yes, one of the best things about ParlayPlay is that it is legal to use in many states. Because it is not a traditional gambling site like BetMGM, which offers dozens of different types of bets, ParlayPlay is permitted to operate in a wider range of places. Proposition picks are considered more of a skill game than gambling in the eyes of many legislatures, and so the list of states where you can access ParlayPlay is long.
Here is the current list of legal states where you can play:
- Alabama
- Alaska
- Arkansas
- California
- Colorado
- Florida
- Georgia
- Illinois
- Kansas
- Kentucky
- Massachusetts
- Minnesota
- Nebraska
- New Mexico
- North Carolina
- North Dakota
- Oklahoma
- Oregon
- Rhode Island
- South Carolina
- South Dakota
- Texas
- Utah
- Washington, DC
- Vermont
- Wisconsin
- Wyoming
Although a few key states, like New York and New Jersey, are conspicuously missing from this list, we are pleased to see such a large number of places where ParlayPlay is accessible. We anticipate that as time goes on, ParlayPlay will continue to get licensed in more and more states and territories. For now, players in states not on this list will have to be content to travel to a nearby legal state to play at ParlayPlay. Remember, you do not need to be a resident of the state, just physically located within its borders.
Signing Up at ParlayPlay
Creating a new account at ParlayPlay is a very simple process. Plus, signing up for the first time entitles you to a free $5 bonus, which you do not even need to make a deposit to receive. Simply follow the instructions below, and you will be ready to go in no time at all.
- Ensure that you are physically located in a state where ParlayPlay operates and that you are of legal gambling age in that state. (The minimum is 18 years old in most states, but it’s 19 in Alabama and Nebraska and 21 in Massachusetts and Iowa.)
- Then, navigate to the ParlayPlay.io homepage on your mobile phone or desktop/laptop device.
- In the top-right corner, look for a black button labeled "Join Now" and click it.
- The next screen will ask you for personal information such as name, date of birth, phone number, and email address. You will also need to create a username and a password for your account.
- After you enter your information, you will be sent a confirmation text message and email to verify that the info provided is accurate. After you do this, you will be all set to play.
Can You Win Money at ParlayPlay?
Yes, players can definitely win money at ParlayPlay. Although you cannot build the insane 30-leg parlays like you can at a sportsbook like DraftKings, for example, ParlayPlay is a different type of picks site. Players can win money steadily by creating correct parlays (and getting their picks correct, of course).
What’s Great About ParlayPlay?
- Welcome bonus - As we mentioned previously, ParlayPlay has a great welcome bonus. It will match new players’ initial deposits dollar for dollar up to $100. You must use the matching bonus to enter a contest within seven days. The funds must be played and cannot be withdrawn.
- Simplicity - One thing we loved about ParlayPlay was the simple and clean interface. Players will be able to jump in feet first and start creating parlays in mere minutes. Although the software is easy to figure out, do not let that fool you into thinking the gameplay is shallow. The software is surprisingly deep and well-designed, and seasoned players and novices alike will find lots to like at ParlayPlay.
- Mobile apps - ParlayPlay has robust desktop software, and players should be more than happy playing on their desktops or laptops. That said, it also has a fantastic mobile app, which is available on both iOS and Android operating systems. The app is optimized for all types of mobile screens, looks and works fantastically, and is a worthy companion to the desktop software.
What’s Missing From ParlayPlay?
- More diverse banking methods - Right now, ParlayPlay only accepts Visa, MasterCard, and Discover credit and debit cards as methods of funding your account. Notably, there are no PayPal, eWallet, or eCheck options yet. Although deposits are fast and fee-free, we would ideally love to see some additional options to get money into your account.
- More sports to bet on - Due to the nature of ParlayPlay and its desire to be legal in as many states as possible, the picks options are more limited than those at legal online sportsbooks. Although you can place parlays on the most popular sports in America (and esports as well), sports like cycling and many soccer leagues are conspicuously absent from ParlayPlay's slate of eligible picks.
How Do Deposits and Withdrawals Work at ParlayPlay?
As we mentioned in the above section, the banking options are one of the weaker points of ParlayPlay, unfortunately. It currently accepts only debit and credit cards for deposits and withdrawals. The maximum daily deposit limit is $1,000, and the maximum withdrawal limit per transaction is also $1,000. Funds are first withdrawn to the original payment method, and the remainder is sent via ACH bank transfer.
We would really like to see ParlayPlay expand its deposit and withdrawal policy to include PayPal at a bare minimum. This safe and secure method is a preferred option for many online sports bettors, and ParlayPlay would likely attract a wider audience by offering this as an option.
Overall, transactions are quick and easy. Deposits go through immediately, and withdrawals take only one or two business days. It is also very safe to transact at ParlayPlay, as it utilizes the latest in cyber technology and data encryption software to handle your personal information.
Can I Use ParlayPlay for Free?
ParlayPlay does offer the occasional free entry to tournaments where players can win real cash. For example, during high-profile events such as the World Series and the Super Bowl, you are likely to find free-to-play contests populated by a large number of players.
Keep an eye on the "Free2Play" section of the ParlayPlay website to see when the next free entry tournament is coming up. Although the odds of winning are fairly long due to the number of entrants, free tournaments are a nice bonus that ParlayPlay uses to reward loyal customers. Tournament structures vary, but there is always the element of guessing correctly from a number of prop-style bets.
Conclusion
All told, we were very happy with our test drive of the ParlayPlay software. It has many highlights that you will not find at traditional sportsbook operators. We also found the prop picks format to be refreshing and a welcome break from the daily fantasy grind.
The 100% deposit match welcome bonus is the obvious highlight of the platform, and it gives players a great chance to test out ParlayPlay. Once players sign up for an account and begin to look around, we think they will appreciate the streamlined and simple user interface. The graphics are also very pleasing to the eye without being gaudy or distracting.
We rank ParlayPlay high among DFS sites and apps. Although its banking options are limited and you have only the most popular sports for making picks, players will likely be happy to give this unique platform a try.
ParlayPlay FAQ
Does ParlayPlay have a welcome bonus?
Yes, ParlayPlay will match your initial deposit 100% (up to $100) for new account creators. You also get a free $5 contest entry upon sign-up.
What is ParlayPlay’s age minimum?
In the vast majority of states, the minimum age to use ParlayPlay is 18. But in Alabama and Nebraska, it’s 19. In Iowa and Massachusetts, it’s 21.
What type of picks can I make at ParlayPlay?
Unsurprisingly, the specialty here is parlays! Choose from a selection of prop-style picks. The more correct predictions you make, the higher multiple you win on your parlay.
Is ParlayPlay legit?
Absolutely, ParlayPlay is fully licensed and permitted to operate in dozens of US states and territories. It has a strong reputation, and its player pool is growing by the day. Be sure that you are physically located within a state where ParlayPlay is legal, and you will have no concerns about the safety or security of using the platform.