ParlayPlay is an up-and-coming DFS platform that hosts free and paid games against the house. Various player prop lines are available, and your potential winnings hinge on how many picks you get right.
Once you join the site, you’ll be treated to a two-tier welcome bonus — a $5 no-deposit bonus and a 100% match on your first deposit, up to $100.
In this guide, we'll show you how to use the ParlayPlay site for new users and give you an overview of what this DFS platform has to offer.
Once you’re on board with ParlayPlay, you’ll get $5 on the house, no questions asked. Afterward, you’ll be up for a 100% match up to $100 as a new customer. Use our exclusive ParlayPlay promo code to claim this two-fold welcome bonus.
As soon as you sign up with ParlayPlay and verify your account, the DFS operator will slide $5 your way. The no-deposit bonus comes as a promo entry coupon for 2-pick More/Less contests, valid for seven days after registration.
There are no wagering requirements attached to the offer. If you win your promo entry, you can cash out the profit right away.
New customers at ParlayPlay are eligible for a 100% match boost on their first deposit of up to $100. This gives you twice the betting power from the get-go. To make the most of the intro promo, you'll want to deposit $100, which will grant you an extra $100 in promo entries.
Here's a breakdown of how promo entry coupons are allocated based on your initial deposit:
- $10 deposit = 1x $10 entry coupon
- $25 deposit = 1x $25 entry coupon
- $50 deposit = 2x $25 entry coupons
- $100 deposit = 2x $50 entry coupons
Remember, these coupons are good for seven days, but only on 2-pick More/Less contests.
As a quick heads up, ParlayPlay occasionally dishes out extra bonuses for first-time depositors. If you happen to make more than one deposit within the first 24 hours of creating your account, ParlayPlay will grant you a more lucrative match.
You can make a quick buck while helping your friends discover ParlayPlay. When you spread the word about ParlayPlay and invite your buddies to join the platform, you'll pocket a $5 bonus for every individual who signs up. They’ll need to use your unique referral code, verify their account, and enter a paid contest. You can refer up to eight friends, meaning there's $40 up for grabs via this promo.
Payout boosts in ParlayPlay work much like odds boosts you'd find at regular sportsbooks — they give you a bigger bang for your buck, upping your potential return with no additional risk. When available, these boosts apply automatically to your promo entry coupons.
To give you an idea of how things work, let’s say you bet $50 on a 3-pick More/Less entry, and a 10% payout booster applies. Usually, hitting a 3-pick More/Less would bring you $50, but with the boost, you’ll score an extra $5.
Claiming ParlayPlay promo code for new users is hassle-free — no need to jump through any major hoops. The best part is that you won't be required to follow too many steps in order to cash out. The bonus is up for grabs in 27 US states.
Here are some highlights you need to know:
- This offer is only open to platform newcomers.
- You'll receive a $5 no-deposit bonus as a promo entry coupon upon account verification. It's good for a week after signing up.
- A 100% match bonus of up to $100 on your first deposit is handed out as promo entry coupons. The number you get depends on your deposit amount.
- Promo entry coupons can only be used on 2-pick More/Less contests.
- If you make multiple deposits within the first 24 hours of account creation, ParlayPlay will give you the most beneficial deposit match.
- If you hit a win with your promo entry, you can pocket the profit right away — it's all yours to withdraw instantly.
- On the flip side, if your promo entry bet comes up short, don't sweat it. You'll still have your deposit to keep the game going.
Here's a play-by-play on how to claim your welcome bonus:
- Pull up ParlayPlay's official website and click on Sign Up.
- Complete the registration process, entering your details as prompted. Tap the Have a Referral Code button and type in our exclusive promo code.
- Verify your account to scoop up the $5 no-deposit bonus.
- Make your first deposit and watch as the 100% match bonus (up to $100) rolls in.
- Your bonus will show up as promo entry coupons, ready for use for the next seven days.
While the ParlayPlay welcome offer might not go toe-to-toe with behemoths like FanDuel, DraftKings, Boom Fantasy, and Thrive Fantasy who dish out $200 or more, it's still a solid deal. It's in the same ballpark as offers from smaller DFS platforms such as Monkey Knife Fight, Vivid Picks, PrizePicks, and Underdog Fantasy.
|ParlayPlay promo code|
|➡️ No deposit bonus||$5 in promo entries|
|💰 First deposit bonus||100% up to $100|
|💸 Minimum deposit requirement||None|
|🌎 Available in||27 states + Canada (excluding Ontario)|
|✅ Contest eligibility||2-pick More/Less games|
|⭐ Validity period||7 days|
|✔️ Last verified||September 2023|
The ParlayPlay promo code awaits all new users who meet a few straightforward criteria:
- The offer is reserved exclusively for new users. If you've already been using the platform, you’ll have to sit this one out.
- The age requirement varies by state. Generally, you need to be 18, but some states like Massachusetts, Iowa, Arizona, and Louisiana require you to be 21, and in Alabama and Nebraska, the bar is set at 19.
- It doesn't matter if you're a citizen or a resident, but you need a valid US or Canadian address.
- In order to deposit funds or enter a contest, you must be physically located in an eligible US state or Canadian province where this activity is legal.
- Deposits and contest entries are off-limits if you're in Hawaii, Idaho, Montana, Louisiana, Nevada, or Washington. Washingtonians also can't enter free-to-play contests.
- Massachusetts residents should note that they are not allowed to deposit more than $1,000 onto the site within any calendar month.
- Users need to claim the promo code and use the bonus used within a certain timeframe (within seven days of account verification) before it expires.
- There are no minimum deposit requirements attached to the offer, although certain limits apply to specific banking methods
ParlayPlay strays from conventional DFS platforms that thrive on competitive, stats-heavy salary cap contests. It's a more inclusive space, accommodating both novice bettors and die-hard sports enthusiasts. They host contests for a mix of sports, be it basketball, hockey, soccer, or even esports. The platform rolls out two primary contest types, so let's get into the nitty-gritty of what they're all about.
First up on the docket for ParlayPlay are More/Less contests. It's pretty straightforward — you're basically making over/under predictions on the stats for your selected athletes. Will LeBron outperform the projected points? Will Gore stay under the projected strikeouts? This brings a familiar feel of over/under player prop betting available at conventional sportsbooks.
Choose your sport and your players, set your stakes, and make your call. Depending on your strategy, you can either go All-In and rake in big if all your picks hit or take out some Insurance and still grab a piece of the pie if one or two of your players don't quite hit the mark.
More/Less contest payouts vary depending on the total number of picks you've made and their success rate. For instance, a perfect 7-of-7 score in an All-In contest could see you pocketing 75 times your entry fee.
Hit-It contests at ParlayPlay are about pinning down performance ranges for a pair of athletes. It's a game of educated guesswork — perhaps you think Kyle Hendricks will register between 87 and 92 pitches, and you're convinced Nikola Jokic will pull off 22–27 points. If one of your predictions veers off-course, the insurance feature guarantees a modest payout. It's a comforting cushion that keeps things interesting, even when your guesses fall short.
Fantasy Points offer another interesting twist in ParlayPlay contests. Instead of juggling various individual stats, the Fantasy Points feature simplifies the equation. It aggregates them into one single score so that each stat earns you certain points.
For instance, in the realm of baseball, you'll score three Fantasy Points for Runs, RBIs, Walks, and Hits By Pitch, but if your player slams a home run, that's a whopping 12 Fantasy Points. This unified scoring system just adds another layer of strategy to your play.
If you're a sports enthusiast on a budget or just want to get your feet wet, ParlayPlay's got you covered with its Free2Play contests. You don't have to spend a single dime to enter, and you can still nab some rewards. You'll need to outdo the competition to earn a piece of the prize pool.
You’ll have a few payment methods to load up your ParlayPlay account. Here are the banking options you can use to get your money in:
- ACH transfers: Some bettors prefer the direct route from their bank account to the platform via ACH transfers. While it might not be as swift as other options, you can rest assured your funds will safely reach your account.
- Credit cards: If immediate availability is your priority, credit cards, including Visa, Mastercard, and Discover, are your best bet. Your funds will be ready in a jiffy, although potential fees from your card issuer should be taken into consideration.
ParlayPlay is quite accommodating in terms of the amount you can deposit. Anything from $10 up to $125 is acceptable for a single deposit, so you have flexibility. But remember, there's a limit to everything: your daily, weekly, and monthly deposits can't exceed $500, $2,000, and $10,000, respectively. And if you're a Massachusetts resident, your monthly deposit cap is a tad lower at $1,000.
ParlayPlay kicks things off with an attractive no-deposit bonus, letting you try out the platform. It's an inviting feature that's not common among many DFS platforms, giving you a chance to get your head in the game without spending a cent.
ParlayPlay crafts its contests to resemble the thrills of sports betting. It's a creative spin on the DFS formula that can scratch the sports betting itch for players in states where sports betting is still a long way off.
On some competitive platforms, rookies often find themselves outmatched by pros wielding complex algorithms. But on ParlayPlay, the playing field is much more level. If you make the right picks, you're guaranteed a payout — it's as simple as that.
ParlayPlay has evolved to encompass a wide variety of sports, from NFL football to esports like LoL and Dota. They cover professional leagues, college sports, and even niche betting markets.
Ease-of-use is key at ParlayPlay — the platform's design is intuitive, making navigation seamless, and the yellow-white theme is appealing. The search bar and filter options make it easy to find what you want. And for the stats geeks, the bulb icon opens up a goldmine of information about an athlete's recent performance, seasonal averages, and user picks.
The Parlay Club, Parlay Plays unique rewards program, shows that being loyal pays off. Verifying your email, participating in a Free2Play contest, and inviting a buddy, will grant you entrance. Benefits include access to free rolls and exclusive contests, tips, and more. They'll even throw in a T-shirt to make you feel right at home.
ParlayPlay launched in 2021, making it one of the latest entrants to the DFS scene. It’s accessible from 27 US states, which covers a good chunk of the country. ParlayPlay is also available in Canada, but not in Ontario.
- New Mexico
- North Carolina
- North Dakota
- Rhode Island
- South Carolina
- South Dakota