ParlayPlay Promo Code: $5 Sign-up Credit + 100% Deposit Match

In the expanding landscape of sports betting online, companies face the challenge of differentiating themselves. Enter ParlayPlay. Distinct from conventional season-long or daily fantasy sports competitions, this operator introduces a unique approach.

Rather than delving into detailed player lineups, ParlayPlay simplifies the process by allowing users to select a number of prop-style picks. The more picks added to the betslip, the larger the multiple on the wager (up to 155x). While it makes various parlay-style picks available, ParlayPlay prioritizes simplicity.

Currently, ParlayPlay offers a complimentary $5 upon creating your first account, providing a boost to your initial bankroll. The true financial potential, however, lies in the second welcome offer—a 100% match on the first real money deposit up to $100.

Distinguishing itself from conventional gambling operators, ParlayPlay operates in more states. Even in states with restrictions on online gambling, such as Alabama, players can still engage with ParlayPlay.

Read on to discover the distinctive aspects of this entertaining gaming operator. We’ll delve into the many reasons why ParlayPlay excels and areas where improvements could be made, along with an in-depth look at the bonus offers, banking methods, customer service options, and more.

Why choose ParlayPlay?

  • 100% match of your initial cash deposit (max $100)
  • Easy-to-learn platform
  • Well-designed mobile applications available for both Android and iOS
  • Free-to-play contests every week

ParlayPlay bonus for April 2024

ParlayPlay promo codeNo code required.
Sign-up bonusGet a $5 credit just for making a new player account. Then, receive a 100% match on your first deposit up to $100.
Minimum deposit$10
Deposit optionsMastercard, Discover, and Visa debit and credit cards
Promotions availableReferral bonus, loyalty program, refer-a-friend bonus, free play competitions, seasonal promotions
Last updatedApril 2024

What to know about the ParlayPlay welcome bonus

ParlayPlay boasts an impressive introductory promotion. The bonus initiates with a complimentary $5, available to every first-time player upon the mere creation of an account. No deposit is required. This enticing incentive serves as a delightful gesture, allowing players to explore the ParlayPlay platform risk-free and determine its suitability before committing any funds.

In the event that you opt to make a genuine cash deposit, ParlayPlay extends a second bonus opportunity. Your deposit will be matched dollar for dollar up to $100. Whether you deposit $50 or any other amount, you’ll find an equivalent sum credited to your account up to $100.

How does the ParlayPlay app work?

ParlayPlay provides a diverse range of competitions focused on forecasting the stats of two or more athletes. Each contest category exhibits unique features, but the shared element is the chance to win real cash prizes through accurate predictions.

Entry fees range from $1 to $50, offering participants the opportunity to vie for considerable prizes, including the potential to claim up to $500 in a 10x contest. After the culmination of each competition, ParlayPlay awaits official validation from its statistical provider and expeditiously disburses winnings to participants’ accounts within 24 hours.

There are two primary contests at ParlayPlay: Higher/Lower and Hit It. Let’s examine both types.

  • Higher/Lower ContestsChoose two, three, or four players from upcoming games. You must then decide if those athletes will finish higher or lower than the line set by ParlayPlay. For example, one contest might have you choosing whether Mookie Betts of the Los Angeles Dodgers will have more than 1 stolen base in a game.
  • Hit It Contests – Hit It competitions are closely related to higher/lower competitions in that you need to predict a player’s stats in a given game. But instead of selecting “higher” or “lower,” you must guess within what range the athlete’s final numbers will fall. As an example, perhaps you will pick Travis Kelce to record receiving yards of 0-24, 25-49, 50-74, 75-99, or 100+. If you bet on 50-74 yards and Kelce records 63 yards in the game, you win!

ParlayPlay also offers insurance on your bet when playing both kinds of competitions. Insuring your bet gives you a little more wiggle room. With parlay insurance, you can miss one leg of your parlay and still collect a reduced prize. Be warned, however. If you choose insurance on your parlay and you still hit each leg, you will collect a smaller payout than if the bet was not insured.

Is ParlayPlay legal?

Because ParlayPlay differs from traditional sportsbooks, it is more widely legal and accessible throughout the country. Although it cannot be accessed in every state, ParlayPlay is more prevalent than, say, DraftKings Sportsbook. Many state legislatures consider prop picking to be more skill-based than luck-based, so the restrictions are slightly more relaxed for ParlayPlay.

Below is a listing of US states where ParlayPlay can operate legally:

  • 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

While some states, such as New York and New Jersey, are noticeably absent from the mentioned locations, we are happy to see such an extensive list of places where ParlayPlay is available. We foresee an expansion of ParlayPlay’s licensing to encompass additional states and territories over time. Currently, individuals in states not included in this list will need to settle for the option of traveling to a neighboring legal state if they wish to partake in ParlayPlay’s offerings. It’s important to note that residency in the state is not a requirement; being physically present within its borders suffices.

Creating an account at ParlayPlay

Making a player account with ParlayPlay is an easy process. Remember that after creating a new account, you will get a $5 bonus credited to your account absolutely free. Just follow these steps, and you will be perusing your betting options in mere minutes.

  • Firstly, make sure you are of legal gambling age and located within the borders of a territory in which ParlayPlay legally operates.
  • Next, head to the ParlayPlay website on your smart device or desktop computer.
  • On the homepage, look in the corner for a button with the words “Join Now.” Click that.
  • A form will pop up asking you to fill in basic info like your name, email address, birth date, and telephone number. After that, select a username and password to associate with your account.
  • Once you provide this info, ParlayPlay will send a text and email to confirm your identity and make sure the information you gave was accurate. Once you confirm this, you are ready to start wagering.

Can you win real money at ParlayPlay?

Yes, you can absolutely win real cash when playing at ParlayPlay. Even though you might not have the ability to strike it rich on a crazy, 20-leg parlay (like the ones offered at FanDuel), that is not ParlayPlay’s essence. Rather, players can rack up funds steadily by hitting prop parlays with above-average odds. Patience is the name of the game.

What do we love about ParlayPlay?

  • New player bonusAs discussed earlier in this piece, ParlayPlay offers an enticing welcome bonus. The bonus takes your first deposit and matches it dollar for dollar, with a cap set at $100. There are no playthrough requirements or additional hurdles to navigate. Following your initial deposit, the bonus is promptly credited to your account without delay, allowing you to embark on your gaming journey without any unnecessary complications. Plus, you’ll get the $5 account credit just by joining.
  • Easy of use – ParlayPlay has a straightforward and uncluttered user interface. Within minutes, players can dive into the sportsbook and initiate their parlay bets effortlessly. While the software’s user-friendly nature may suggest simplicity, don’t be misled into assuming shallow gameplay. Surprisingly, the software is intricately designed and offers depth, catering to both seasoned players and novices alike, making the ParlayPlay gaming experience enjoyable for a variety of users.
  • Well-designed mobile appsParlayPlay provides a fantastic desktop application. Additionally, the platform offers an excellent mobile application compatible with both iOS and Android operating systems. This app is skillfully optimized for various mobile screens, boasting a fantastic appearance and seamless functionality. It serves as a great companion to the desktop software, extending the ParlayPlay experience to users who prefer the flexibility and convenience of mobile play.

Where could ParlayPlay improve?

  • More options for banking As of this writing, ParlayPlay accepts only Mastercard, Discover, and Visa cards to fund your player account. It does not yet accept common finance methods like PayPal, eChecks, or eWallets. Despite the fact that deposits are quick and free of fees, we still would love to see more banking options added to the ParlayPlay software.
  • Additional sports betting markets Given ParlayPlay’s commitment to legal compliance across numerous states, the range of betting options is relatively constrained. While parlay bets are available for popular American sports and even esports, certain smaller market sports, such as cycling and numerous soccer leagues, are noticeably absent from the array of eligible bets offered by ParlayPlay. The platform’s emphasis on legality in diverse jurisdictions influences its betting options, catering primarily to widely recognized sports in the American market.

How does depositing and withdrawing work at ParlayPlay?

As discussed in the preceding section, the financial transactions aspect is a notable area where ParlayPlay has room for improvement. Presently, the platform exclusively accommodates deposits and withdrawals through debit and credit cards. The daily deposit limit is capped at $1,000, and the maximum withdrawal per transaction is also set at $1,000. Withdrawals are initiated to the original payment method, with any remaining funds subsequently transferred via ACH bank transfer. Enhancements in the variety of supported banking options could enhance the overall convenience for users of ParlayPlay.

At a minimum, it would be best if ParlayPlay found a way to include PayPal as a method of depositing and withdrawing cash. This method is not only secure but also popular among online bettors throughout the country. ParlayPlay’s customer base would likely grow exponentially if it began accepting payments through PayPal.

Despite the limited banking options, we found transactions to be quick and simple. Deposits are reflected in your account instantly, and withdrawals take just a few business days to process and transfer back to your initial deposit method. Transacting at ParlayPlay is also a very safe proposition, as the software uses high-tech encryption software to process and store your personal data.

Can I play at ParlayPlay for free?

ParlayPlay occasionally provides complimentary entries to tournaments with real cash prizes. Notably, during major events like the World Series and the Super Bowl, the platform often hosts free-to-play contests that attract a substantial player pool. To stay informed about upcoming free entry tournaments, monitor the “Free2Play” section on the ParlayPlay website. Despite your relatively slim odds of winning, due to the high number of participants, these free tournaments serve as a generous bonus, rewarding ParlayPlay’s loyal customer base. The structure of these tournaments may vary, but they consistently involve making accurate predictions across a range of prop-style bets.

Conclusion

In our comprehensive evaluation of the ParlayPlay software, we were thoroughly impressed with the distinct features that set it apart from other sportsbook operators. The prop pick format offered a refreshing departure from the routine of daily fantasy sports.

Upon creating an account and navigating through the platform, users will likely value the streamlined and user-friendly interface. The graphics are aesthetically pleasing without being overly extravagant or distracting. While ParlayPlay earns a high ranking among online sportsbooks, it’s essential to note the limited banking options and a betting selection that is restricted to only the most popular sports.

Nevertheless, those who give this unique platform a chance are likely to find much enjoyment. If you are looking for a departure from the conventional sportsbook experience, consider making a deposit at ParlayPlay, where your initial deposit is matched dollar for dollar up to $100.

ParlayPlay FAQ

What is the welcome bonus at ParlayPlay?

New account creators will be happy to learn that ParlayPlay matches your first deposit dollar for dollar up to $100. You also get $5 in site credit just for joining.

Is ParlayPlay better than DraftKings?

We’ve drawn a few comparisons between these two operators in this article, but the truth is that they are very different. DraftKings offers things that ParlayPlay does not, and vice versa. If you are into prop picks and a simple interface, ParlayPlay is the place for you.

Does ParlayPlay have an age minimum?

The age minimum varies by state. In most places, it’s 18. In Nebraska and Alabama, the minimum age is 19. Meanwhile, in Massachusetts, Arizona, and Louisiana, ParlayPlay customers must be at least 21.

Is ParlayPlay legit?

Certainly, ParlayPlay holds complete licenses and authorizations to operate across an extensive array of US states and territories. Its commendable reputation within the sportsbook community is widely recognized, and the number of players engaging with the platform continues to increase daily.

ParlayPlay Daily Fantasy Review
Matthew is a UC Berkeley economic and philosophy graduate. He has played DFS, Football pools, and survival leagues for most of his adult life. Matthew brings to the table great strategies for both your GPP and Cash plays as well as a winning track record with his picks of the week.