SI

Best Parlay Betting Sites for December 2025

Top parlay betting sites like BetMGM, Caesars Sportsbook, and FanDuel give bettors a way to chase bigger payouts by linking multiple bets together. Instead of wagering on just one outcome, you can combine spreads, totals, moneylines, and more into a single ticket to cash in big with the best betting sites and sports betting apps.

Sportsbook Welcome Bonus Promo Code
BetMGM
Up to $1,500 in Bonus Bets Tooltip Icon Bonus Bets expire in seven days. One new customer offer only. Must be 21+ to participate. Select US states only. Visit BetMGM.com for T&Cs. SI1500
Caesars Sportsbook
Bet $1, Double Your Winnings on Next 20 Bets Tooltip Icon New users only. Must register using eligible promo code. Min. qualifying bet amount: $1. Tokens max. bet amount: $25 per token. Tokens bet max. add'l winnings: $2,500 per token. Token(s) expire 14 days after receipt. Select US states only. SICZR20X
FanDuel
Bet $5, Get $150 in Bonus Bets if You Win Tooltip Icon 21+ (18+ D.C.) Opt in req. First online real money wager only. $5 first deposit required. Bonus issued as nonwithdrawable bonus bets which expire 7 days after receipt. Restrictions apply. Select US states only. See terms at sportsbook.fanduel.com. No code required
DraftKings
Bet $5, Get $200 in Bonus Bets if Your Bet Wins Tooltip Icon Max. $200 issued as 8 $25 Bonus Bets if you win your first $5 wager. Bonus Bets expire in 7 days (168 hours), are single-use and non-withdrawable. Stake removed from payout. No code required
Fanatics Sportsbook
Up to $2,000 in FanCash Tooltip Icon New customers only in all Fanatics Sportsbook states (excluding NY). Wager min. $1 cash on min. -500 odds to receive up to $200 in FanCash each day for 10 days. FanCash issued within 72 hours. Offer ends 12/31/25. No code required

Top rated parlay betting sites

#1 Rated
Up to $1,500 in Bonus Bets
Tooltip Icon Bonus Bets expire in seven days. One new customer offer only. Must be 21+ to participate. Select US states only. Visit BetMGM.com for T&Cs.

Top Features

  • Deep coverage of 26 sports
  • Excellent rewards program
  • Exclusive NFL betting markets
Payout Speed
Currency-dollars
Within 24 hours
Overall Rating
4.8/5
#2
Bet $1, Double Your Winnings on Next 20 Bets
Tooltip Icon New users only. Must register using eligible promo code. Min. qualifying bet amount: $1. Tokens max. bet amount: $25 per token. Tokens bet max. add'l winnings: $2,500 per token. Token(s) expire 14 days after receipt. Select US states only.

Top Features

  • Best rewards program
  • Live streaming of NFL games
  • White glove customer support
Payout Speed
Currency-dollars
Within 24 hours
Overall Rating
4.7/5
#3
Bet $5, Get $150 in Bonus Bets if You Win
Tooltip Icon 21+ (18+ D.C.) Opt in req. First online real money wager only. $5 first deposit required. Bonus issued as nonwithdrawable bonus bets which expire 7 days after receipt. Restrictions apply. Select US states only. See terms at sportsbook.fanduel.com.

Top Features

  • Best user experience
  • Best for live betting
  • Excellent welcome bonus
Payout Speed
Currency-dollars
Within 24 hours
Overall Rating
4.6/5
#4
Bet $5, Get $200 in Bonus Bets if Your Bet Wins
Tooltip Icon Max. $200 issued as 8 $25 Bonus Bets if you win your first $5 wager. Bonus Bets expire in 7 days (168 hours), are single-use and non-withdrawable. Stake removed from payout.

Top Features

  • First-class mobile experience
  • Daily sportsbook promos
  • Early props odds
Payout Speed
Currency-dollars
Within 24 hours
Overall Rating
4.5/5
#5
Up to $2,000 in FanCash
Tooltip Icon New customers only in all Fanatics Sportsbook states (excluding NY). Wager min. $1 cash on min. -500 odds to receive up to $200 in FanCash each day for 10 days. FanCash issued within 72 hours. Offer ends 12/31/25.

Top Features

  • FanCash Rewards program
  • Unique welcome bonus
  • Fair Play player prop policy
Payout Speed
Currency-dollars
Within 24 hours
Overall Rating
4.5/5

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Important terms and conditions to know

Bonus offers, including 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.

Why choose a parlay-friendly sportsbook

Sportsbooks that offer flexible parlay formats, odds boosts, and builder tools give bettors more control and value. Flexible formats let you mix and match picks to fit your strategy, while boosts increase potential payouts, and builder tools make creating multi-leg bets simple.

Using these features lets you maximize excitement, experiment with different strategies, and get the most from every parlay wager.

Parlay types offered

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

πŸ”— Standard parlays

A standard parlay is basically a way to bundle a few bets into one ticket, turning a regular wager into a bigger payout opportunity.

Think of it 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. It’s a simple, classic parlay that keeps every leg exciting and your eyes glued to the action.

πŸ”’ 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 in one game.

Some sportsbooks offer SGP+, which gives extra boosts or special odds on these same-game bets to make hitting a big payout even more rewarding. If everything hits, the reward can be huge and adds 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.

The trade-off is that your potential payout is smaller than a standard parlay, but hitting a teaser can still be a satisfying win and keeps the action fun 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.

πŸˆπŸ€βšΎ 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.

Promos and insurance for parlays

Betting sites often sweeten the parlay experience with sportsbook promos and insurance that can make betting even more exciting. Parlay boosts increase your potential payout on select multi-leg bets, giving you extra value without changing your picks.

Some same-game parlays give your stake back as bonus funds if you lose, taking some of the sting out of a near miss.

Profit boosts apply extra multipliers to winning parlays, turning a good payout into a great one. These offers give bettors more ways to maximize their returns and have fun experimenting with different parlay strategies.

How do same-game parlays work?

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, which adds a layer of excitement to every play.

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.

Title Icon SI Betting Expert Analysis

When building a same-game parlay, look for plays that correlate, like a QB over on passing yards paired with his top receiver’s over on catches. Avoid stacking conflicting outcomes, and keep legs limited so you’re boosting value without relying on too many things to hit.

- Ryan Hagen, Betting Analyst

Parlay betting sites and their strengths reviewed

Finding the right parlay betting site can feel overwhelming with so many options out there. To help, we’ve highlighted top platforms that offer flexible parlay formats, enticing boosts, and handy builder tools. From standout features to rewarding promotions, this guide makes it easy to see which sportsbooks give you the most bang for your parlay bets.

BetMGM - Most sports available for parlays

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.

πŸ“Ÿ BetMGM bonus code SI1500
🎁 Welcome bonus Up to $1,500 in bonus bets
🎁 Welcome bonus (MI, NJ, PA, WV) Bet $10, get $150 in bonus bets if you win
✍️ Terms and conditions  Bonus Bets expire in seven days. One new customer offer only. Must be 21+ to participate. Select US states only. Visit BetMGM.com for T&Cs.
πŸš€ Boosted parlays Yes
⚑ Live parlay betting Yes
πŸ”’ Same game parlays Yes
🏦 Minimum deposit $10
πŸ’Έ Payout speed Within 24 hours
πŸ‡ΊπŸ‡Έ BetMGM states AZ, CO, DC, IA, IL, IN, KS, KY, LA, MA, MD, MI, MS, NC, NJ, NV, NY, OH, PA, TN, VA, WV, WY

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.

If you're in Missouri, be sure to check out our BetMGM Missouri bonus code page.

Caesars Sportsbook - Best for SGP profit boosts

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.

πŸ“Ÿ Caesars Sportsbook promo code SICZR20X
🎁 Welcome bonus Bet $1, double your winnings on next 20 bets
✍️ Terms and conditions  New users only. Must register using eligible promo code. Min. qualifying bet amount: $1. Tokens max. bet amount: $25 per token. Tokens bet max. add'l winnings: $2,500 per token. Token(s) expire 14 days after receipt. Select US states only.
πŸš€ Boosted parlays Yes
⚑ Live parlay betting No
πŸ”’ Same game parlays Yes
🏦 Minimum deposit $10
πŸ’Έ Payout speed Within 24 hours
πŸ‡ΊπŸ‡Έ Caesars Sportsbook states AZ, CO, DC, IA, IL, IN, KS, KY, LA, MA, MD, ME, MI, MS, NC, NJ, NV, NY, OH, PA, TN, VA, WV, WY

Check out our Caesars Sportsbook review and claim our Caesars Sportsbook promo code for the latest promotions and boosted parlay options.

Those located in Missouri can check out the Caesars Sportsbook Missouri promo code offer.

Title Icon SI Betting Expert Analysis

Caesars has been stepping up its betting markets lately, and one of the most exciting new options for parlay bettors is its live Quick Pick Parlays feature. We all know that placing a live parlay is challenging at the best of times, so this is a beautiful thing for those who like the fast action.

- Ryan Hagen, Betting Analyst

FanDuel - Best for prop parlays

FanDuel is a top choice for parlay bettors who love props, offering one of the widest selections in the industry, making it one of the best prop betting sites. Whether you’re linking player stats, point spreads, or totals into a multi-leg parlay, FanDuel makes it easy to mix and match bets to create tickets that suit your strategy.

The platform’s deep prop coverage means there’s almost always an option for every matchup, making it a go-to site for bettors who want flexibility, variety, and the chance to boost potential payouts with creative parlay combinations.

🎁 Welcome bonus Bet $5, get $150 in bonus bets if you win
✍️ Terms and conditions  21+ (18+ D.C.) Opt in req. First online real money wager only. $5 first deposit required. Bonus issued as nonwithdrawable bonus bets which expire 7 days after receipt. Restrictions apply. Select US states only. See terms at sportsbook.fanduel.com.  
πŸš€ Boosted parlays Yes
⚑ Live parlay betting Yes
πŸ”’ Same game parlays Yes
🏦 Minimum deposit $5
πŸ’Έ Payout speed Within 24 hours
πŸ‡ΊπŸ‡Έ FanDuel states AZ, CO, CT, DC, IA, IL, IN, KS, KY, LA, MA, MD, MI, NC, NJ, NY, OH, PA, TN, VT, VA, WV, WY 

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

Folks in MO can check out our FanDuel Missouri promo code offer.

DraftKings - Best for prebuilt parlays

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.

🎁 Welcome bonus Bet $5, get $200 in bonus bets if you win
βž• Secondary bonus $1,000 deposit match
✍️ Terms and conditions  Max. $200 issued as 8 $25 Bonus Bets if you win your first $5 wager. Bonus Bets expire in 7 days (168 hours), are single-use and non-withdrawable. Stake removed from payout.
πŸš€ Boosted parlays Yes
⚑ Live parlay betting No
πŸ”’ Same game parlays Yes
🏦 Minimum deposit  $5
πŸ’Έ Payout speed  Within 24 hours 
πŸ‡ΊπŸ‡Έ DraftKings states  AZ, CO, CT, DC, IA, IL, IN, KS, KY, LA, MA, MD, ME, MI, NC, NH, NJ, NY, OH, OR, PA, TN, VA, VT, WV, WY 

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

For those in Missouri, make sure to check out the DraftKings Missouri sign-up bonus.

Important terms and conditions:

GAMBLING PROBLEM? CALL 1-800-GAMBLER, (800) 327-5050 or visit http://gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY).Please Gamble Responsibly. 888-789-7777/visit http://ccpg.org (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. 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. Token expires 1/11/26. Bonus Bets expire in 7 days (168 hours). Stake removed from payout. Terms: http://sportsbook.draftkings.com/promos. Ends 1/4/26 at 11:59 PM ET. Sponsored by DK.

Fanatics Sportsbook - Best for fair play policy on parlays

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.

🎁 Welcome bonus Up to $2,000 in FanCash
✍️ Terms and conditions  New customers only in all Fanatics Sportsbook states (excluding NY). Wager min. $1 cash on min. -500 odds to receive up to $200 in FanCash each day for 10 days. FanCash issued within 72 hours. Offer ends 12/31/25.
πŸš€ Boosted parlays Yes
⚑ Live parlay betting No
πŸ”’ Same game parlays Yes
🏦 Minimum deposit $10
πŸ’Έ Payout speed Within 24 hours
πŸ‡ΊπŸ‡Έ Fanatics Sportsbook states AZ, CO, CT, DC, IA, IL, IN, KS, KY, LA, MA, MD, MI, NC, NJ, NY, OH, PA, TN, VA, VT, WV, WY

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

If you're in Missouri, be sure to check out our Fanatics Sportsbook Missouri promo page.

Best sports for parlays

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.

πŸ€ NBA parlays

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

πŸŽ“πŸˆ College football parlays

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

πŸ‘Š 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. 

Parlay betting site comparison table

Sportsbook Max legs Parlay types supported Parlay builder Promo quality Notable features
BetMGM Up to 12 legs Standard parlays, SGPs, round robins, teasers Yes Parlay insurance, odds boosts, profit boosts Wide range of sports, including niche markets
Caesars Sportsbook Up to 25 legs Standard parlays, SGPs, round robins Yes Parlay profit boosts, parlay insurance High max leg count, pre-packaged SGP selections
FanDuel Up to 12 legs Standard parlays, SGPs, SGP+ Yes Parlay insurance, odds boosts, profit boosts Extensive prop market selection
DraftKings Up to 10 legs Standard parlays, SGPs, SGPx, round robins Yes Parlay insurance, odds boosts, profit boosts Parlay optimizer for high-value combinations
Fanatics Sportsbook Up to 10 legs Standard parlays, SGPs, SGP stacks Yes Parlay insurance, odds boosts Fair play policy on early player injuries
bet365 Up to 12 legs Standard parlays, SGPs, SGP+ Yes Parlay insurance, odds boosts Comprehensive sports coverage, great odds

Tips for smarter parlay betting

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.

βœ… 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.

βœ… 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.

βœ… 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.

βœ… 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.

Title Icon SI Betting Expert Analysis

Pay close attention to line movement before locking in a parlay. If odds shift significantly in your favor on a single leg, that value can be lost once it’s bundled with others. In some cases, it’s actually smarter to play strong single bets separately rather than forcing them into a parlay.

- Ryan HagenBetting Analyst

States with parlay betting

State Parlay betting available
Arizona βœ… Yes
Colorado βœ… Yes
Connecticut βœ… Yes
DC βœ… Yes
Delaware βœ… Yes
Florida βœ… Yes
Illinois βœ… Yes
Indiana βœ… Yes
Iowa βœ… Yes
Kansas βœ… Yes
Kentucky βœ… Yes
Louisiana βœ… Yes
Maine βœ… Yes
Maryland βœ… Yes
Massachusetts βœ… Yes
Michigan βœ… Yes
New Hampshire βœ… Yes
New Jersey βœ… Yes
New York βœ… Yes
Ohio βœ… Yes
Oregon βœ… Yes
Pennsylvania βœ… Yes
Tennessee βœ… Yes
Vermont βœ… Yes
Virginia βœ… Yes
West Virginia βœ… Yes
Wyoming βœ… Yes

FAQ: Parlay bets and betting sites

What happens if one leg pushes?

If one of your parlay legs pushes, most sportsbooks simply remove that leg and recalculate the parlay with the remaining picks.

For example, a 4-leg parlay with one push would settle as a 3-leg parlay. The only exception is if every leg pushes, in which case the entire bet is void and your stake is refunded.

Can I parlay across multiple sports?

Yes, most sportsbooks let you parlay across multiple sports, combining picks like an NFL spread, an NBA total, and a NHL moneyline into one ticket.

Do all sportsbooks support SGPs?

Yes, every major sportsbook now supports same-game parlays, especially for major leagues like the NFL, NBA, MLB and college football.