Best Parlay Betting Sites and Apps for February 2026

Our review of the top parlay betting sites includes which sportsbooks offer the best betting promos for parlays, the best parlay betting tools and features, and the sharpest odds for making parlays and same-game parlays (SGPs) on sports like the NBA, NHL, and NFL. 

You can use our snapshot of the best parlay betting sites, which outlines each site's top features, before diving into our full site reviews. This will make you better informed when choosing the best betting apps to use for your parlay bets. 

🎀 Parlay bonus

A parlay bonus is a promo given out by a parlay betting app and adds a set percentage on top of the original payout you receive from a winning parlay bet. Often, with parlay bonuses, the bonus amount you would receive increases as you add more legs to your parlay.

For example, a three-leg NHL Olympic Goal Scorer player prop parlay might include a 15% bonus, while a five-leg parlay of the same variety could come with a 25% bonus.

✍ SI Expert analysis: The more legs you add with these promos, the higher your potential payout will be. However, be aware that whenever you add extra legs to a parlay, it becomes harder to win, and your odds of winning decrease.

🚀 Parlay or SGP profit boost

Many sportsbooks love to sweeten the parlay experience with exciting sportsbook promos, and profit boosts tend to be among the most popular current user bonuses. Profit boosts work by increasing your odds and the potential payout on your bet.

When you use a parlay profit boost, your parlay's odds can be increased by a certain percentage (e.g., 20%, 30%, 50%).

For instance, a 3-leg NBA SGP might go from +500 to +600 odds when you attach a boost.

✍ SI Expert analysis: Expect plenty of profit-boosting offers from top promo sportsbooks like DraftKings and FanDuel for upcoming events, including the Olympic Men's Ice Hockey Tournament, 2026 NBA betting, and PGA Tour Golf. 

🔑 Parlay insurance

Parlay insurance is a promotion offered by some sportsbooks that takes the sting out of a near-miss. With insurance offers, if one of your legs fails, you’ll receive something back, usually a return of your stake or sometimes bonus bets.

The DraftKings "Ghost Leg" parlay, which ran at the start of the 2025 NFL season, even paid out bettors' wagers entirely who missed one leg of their parlay, as the losing leg was "ghosted" and the payout recalculated based on the remaining winning legs.

✍ SI Expert analysis: Keep an eye out for parlay insurance offers. They often run as limited-time promos but can be very lucrative for bettors who make a consistent amount of parlays when they're live

✅ Early cash-out option

Many modern sportsbooks provide early cash-out features, which allow you to 'cash out' for a certain amount before all of the legs of your parlay are complete. 

Assuming you made a three-leg parlay and both of your first legs won, an early cash-out option would give you an offer to end the bet as a two-leg winning parlay and forgo the potential winnings if the last leg hits.

✍ SI Expert analysis: You have to be careful using the cash-out options, as sportsbooks don't often offer the greatest payout ratios on early cash-outs. However, they can be useful for securing some profit or as a hedging tool. 

Bonus offers, including parlay promotions and same-game parlay promotions, may be subject to eligibility requirements and geographic restrictions. Availability can vary by state or region, and terms can differ between sportsbooks. Always review the specific terms and conditions of each offer before claiming to ensure you meet all requirements and understand any limitations.

Finding the right parlay betting site can sometimes feel overwhelming. Almost every legitimate sportsbook offers parlay bets and SGP options, but each site also has different limits, terms, promos, and technological features associated with parlay betting. To help, we’ve highlighted the top parlay betting platforms that offer flexible parlay formats, enticing boosts, and handy builder tools.

From standout features to rewarding promotions, our expert-reviewed parlay betting guide makes it easy to see which sportsbooks give you the most bang for your parlay bets.

1. BetMGM - Best for number of sports for parlays
2. Caesars Sportsbook - Best for SGP profit boosts
3. FanDuel - Best for player focused parlays
4. DraftKings - Best for prebuilt parlays
5. Fanatics Sportsbook - Best fair play policy on parlays
6. bet365 - Best parlay odds pricing

BetMGM stands out for parlay bettors thanks to its extensive coverage across a wide range of leagues and events. The sportsbook is widely regarded as one of the best NFL betting sites and college football betting sites.

From NFL spreads and NBA totals to niche markets like MLB matchups, college basketball, and esports competitions, there are endless ways to link multiple bets into one high-payout ticket. This variety gives bettors the freedom to experiment with different combinations and strategies while keeping every leg of the parlay exciting.

BetMGM's huge variety of futures markets also makes it easy to bet and build parlays on events like the NFL Draft or the NBA playoffs. It's a great time to check out the sportsbook and start building parlays today.

Visit our BetMGM review and claim the BetMGM promo code to explore parlay boosts, builder tools, and special promotions that help you get the most out of every multi-leg wager.

Caesars Sportsbook makes parlay betting more exciting with SGP profit boosts, which increase potential payouts on qualifying multi-leg bets. These boosts are often available on popular sports like the NFL, NBA, and college football, sometimes offering up to 100% extra on winnings.

By opting in and applying the boost to your SGP, you can enhance returns and make every leg of your parlay count.

Parlay promos at big events are also common at Caesars Sportsbook, so potentially expect profit boosts and more to become available for bigger sporting events such as the Winter Olympics or March Madness. 

Check out our Caesars Sportsbook review and claim our Caesars Sportsbook promo code for the latest promotions and boosted parlay options at one of the top UFC betting sites.

FanDuel is a top choice for parlay bettors who love player-focused parlays, which include using individual player prop bets in multiple legs of their parlays. FanDuel offers one of the widest selections of player total betting markets in the industry, across all major sports, and their app makes combining multiple player prop bets a breeze.  

The platform’s deep coverage also includes a great selection of live betting markets, spreads, and moneylines, which means there’s almost always an option for every matchup. Overall, the FanDuel app is a go-to site for bettors who want flexibility, variety, and the chance to boost potential payouts with creative parlay combinations.

Have a look at our FanDuel review and unlock the FanDuel promo code to start parlay prop betting today.

DraftKings shines for parlay bettors thanks to its extensive prebuilt SGP selection. The platform makes it simple to place multi-leg bets by offering ready-made combinations for top matchups, so you can jump straight into betting without having to link every leg manually.

With options across the NFL, NBA, and other major sports, DraftKings gives bettors a convenient way to take advantage of high-potential parlays, while also offering boosted odds and promotions that make each SGP even more rewarding.

Peep our DraftKings review and use the DraftKings promo code to explore the site's prebuilt parlay selection and more.

Important terms and conditions:

GAMBLING PROBLEM? CALL 1-800-GAMBLER or 1-800-522-4700, (800) 327-5050 or visit MA Gambling Helpline (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY).Please Gamble Responsibly. 888-789-7777/visit CONNECTICUT COUNCIL – ON PROBLEM GAMBLING (CT), or visit Home (MD).21+ and present in most states. (18+ DC/KY/NH/WY). Void in ONT/OR/NH. Eligibility restrictions apply. On behalf of Boot Hill Casino & Resort (KS). Pass-thru of per wager tax may apply in IL. 1 per new customer. Must register new account to receive reward Token. Must select Token BEFORE placing min. $5 bet to receive $200 in Bonus Bets if your bet wins. Min. -500 odds req. Token and Bonus Bets are single-use and non-withdrawable. Bet must settle by and Token expires 3/15/26. Bonus Bets expire in 7 days (168 hours). Stake removed from payout. Terms: Promos | DraftKings Sportsbook . Ends 3/8/26 at 11:59 PM ET. Sponsored by DK.

Fanatics Sportsbook is a top pick for parlay bettors, especially when it comes to player prop parlays, thanks to its fair play policy. This policy ensures that if a player is injured early and doesn’t return to the game, your parlay ticket is void rather than lost, giving bettors added peace of mind. For that reason, it's also known as one of the best NBA betting sites.

With this protection, you can confidently build multi-leg player prop parlays, stacking stats, points, and other player-specific bets, knowing that early injuries won’t unfairly cost you your wager.

Read our Fanatics Sportsbook review and unlock the Fanatics Sportsbook promo to start betting with added protection today.

bet365 gives one of the best all-around parlay experiences for U.S. bettors. You can combine bets from the NBA, NFL, and even the PGA Tour into your parlays, and bet365 will provide you with some of the most competitive odds in the sports betting industry. 

Their app automatically combines bets as you make them and provides updated odds as you add bets. If you add a bet that doesn't qualify, bet365 will simply keep it on your ticket as a separate wager, making it simple to track. On top of being a leader for most competitive parlay and SGP odds, bet365 also rewards users with daily SGP profit boosts across multiple sports, making it a great betting app to add to your parlay betting repertoire. 

You can also view our complete bet365 review for a deeper dive into one of the best World Cup betting sites, and check out our bet365 bonus offer page for all the latest deals.  

Sportsbooks that offer flexible parlay formats, odds boosts, and builder tools give bettors more control and the chance to extract better value from their SGPs with strategies like correlation. Flexible formats are just one feature of a great parlay betting site, though. Consistent SGP boosts will also help increase potential payouts and give you a shot at more long-term profit, while on-site parlay builder tools make creating multi-leg bets simple and more efficient.

Using these parlay betting features will also allow you to maximize the excitement of your wagering, with different strategies on the best super bowl betting sites. 

Parlay types offered

Parlays come in a variety of formats, each offering a unique way to combine bets and chase bigger payouts:

🔗 Standard parlays

A standard parlay bet is a wager in which bettors combine two or more bets into a single bet. Once you place any parlay bet, for it to cash, every leg of the parlay must be graded as a winner. While parlays are harder to win than straight bets, they do allow bettors to turn a regular wager into a bigger payout opportunity.

Think of parlays like a combo meal for sports betting; everything on your ticket has to win for you to cash, but if it hits, the payoff can be way sweeter than betting each game separately. A simple, classic parlay will keep every leg exciting and your eyes glued to the action.

🔢 Same-Game Parlays (SGPs/SGP+)

A same-game parlay, or SGP, lets you combine multiple bets from a single matchup into one ticket, creating bigger potential payouts. It’s a fun way to stack things like point totals, player stats, and moneylines all from one matchup.

Some sportsbooks offer an SGP+, which provides extra boosts or special odds on these same-game bets, making hitting a big payout even more rewarding. If everything hits, the reward can be even bigger than a regular SGP, adding extra excitement to every play.

😏 Teasers

A teaser lets you adjust point spreads or totals across multiple games in your favor, giving you a better chance to win. It’s a smart way to lower risk on a parlay while still keeping multiple bets on the same ticket. Teasers are often thought of as sharp bets in higher-stakes NFL betting circles when they allow you to push past key numbers, such as teasing a -7.5 point spread on a 6.0 point teaser down to -1.5 and past key numbers of 7.0 and 3.0. This is a concept commonly referred to as "Wong Teasers". 

The trade-off for casual bettors on all teasers is that your potential payout is smaller than it would be on most standard parlays, but hitting a teaser can still be a satisfying win and keeps the action fun and profitable across several games.

🐦 Round robins

A round robin lets you take a group of picks and turn them into multiple smaller parlays, giving you more chances to win even if not every selection hits. It’s a clever way to spread out your risk while still going after bigger payouts. With a round robin, you can mix and match your bets in different combinations, keeping the action exciting and giving you multiple ways to cash.

🏈🏀⚾ Multi-sport parlays

A multi-sport parlay lets you combine bets from different sports into a single ticket, giving you the chance for a bigger payout than betting each game separately. It’s a fun way to mix your favorite leagues and matchups, adding extra excitement to your betting slip. Just keep in mind that every leg still needs to hit, but the reward can be well worth the risk.

Parlay betting works best in sports with lots of action, clear stats, and multiple markets to combine. Some of the most popular sports for parlays include the NFL, NBA, college football, and UFC. These sports offer numerous betting options, from point spreads and moneylines to player props and totals, making it easier to link multiple legs into a single ticket and chase bigger payouts.

Here are some examples of parlay combos across different sports:

🏈 NFL parlays

Combine a game’s point spread, total points over/under, and a player's passing yard prop for a high-stakes multi-leg ticket.

🏀 NBA parlays

Stack a player points prop, team total, and moneyline in one matchup to create a same-game parlay.

🎓🏈 College football parlays

Link point spreads from two or three games, along with a touchdown scorer prop, and more for bigger potential payouts.

👊 UFC parlays

Parlay fight winner bets with method-of-victory props, such as knockout or submission, to add excitement and potentially higher returns.

These sports are ideal for parlays because they have a wealth of betting markets and frequent scoring events, keeping every leg of your ticket engaging and full of potential. However, in the end, parlay betting comes down to personal preference, so bet on what you enjoy the most. 

For those who want to incorporate more player props into their parlays, you can also check out our review of the top prop betting sites, which delves deeper into prop betting.  

A same-game parlay, often called an SGP, is a type of bet that lets you combine multiple selections from a single matchup into one ticket. Unlike a standard parlay, which can include bets across various games, an SGP focuses all your picks on one game, like stacking a point total, player stat, and moneyline together.

This creates bigger potential payouts while keeping every part of your wager tied to a single matchup. SGPs add a layer of excitement to every play, but also can be solid betting tools if you are correlating outcomes, such as an over on a quarterback's passing total with his receivers receiving yardage.

Same-game parlays are typically available for the NFL, NBA, and other major sports where player and team stats are widely tracked. They’ve quickly become one of the most popular bets because they let fans engage with a single game in multiple ways, giving every play a bigger impact on your potential payout.

Many sportsbooks even offer SGP+ or boosted odds on these bets, making them even more appealing for casual and experienced bettors alike. Our review of the best Super Bowl betting promos will also highlight any potential SGP boosts ahead of the Big Game. 

Parlay betting can be one of the most exciting ways to wager, combining multiple picks into a single ticket for the chance at bigger payouts. But with the added reward comes added risk, meaning strategy matters more than ever. By keeping a few smart tips in mind, you can build parlays that are fun, calculated, and give you the best shot at success.

✅ Focus on quality over quantity

It’s tempting to stack a parlay with as many legs as possible, but each extra bet drastically lowers your chances of winning. Instead, keep parlays short and built around your strongest reads.

✅ Look for correlated outcomes

Pairing bets that are linked makes your ticket more strategic. For example, if you expect a team to win in a shootout, combining the over on the game total with player props from that offense can make sense.

✅ Take advantage of boosts and insurance

Many sportsbooks offer parlay boosts, profit multipliers, or insurance that refunds your stake if one leg misses. Utilizing these promotions can help you stretch your value while reducing risk.

✅ Know when to skip parlays

Not every slate is built for parlays. If the matchups don’t line up or you’re forcing bets to fill a ticket, it’s usually smarter to stick with single wagers instead of chasing long-shot combos.