• Participants may place multiple Same Game Parlays, with the first losing parlay qualifying as risk-free; Max refund $10 (Refund issued as site credit) Same Game Parlay must have minimum 3 legs; Final price of Same Game Parlay must be +200 or greater e.g. +200, +250, +500 all qualify.
• FreeBet Terms and Conditions; One Game Parlay Terms and Conditions; Odds Boosts; General Terms and Conditions updates; One Game Parlay Terms and Conditions. One Game Parlay is only available on selected sports, and customers can only place a wager on this before the event starts. One Game Parlay.
• Feb 04, 2021 Expert Handicappers with the Best Premium Picks. Looking for the best sports picks on the planet? Then you’ve come to the right place! Picks and Parlays gives you the best premium picks on the web, with all the winners you need to be a successful sports bettor.
• A parlay bet essentially combines two or more bets into one wager. The payouts increase exponentially on parlays because you have to win every bet, or leg, that is part of the parlay for it to pay anything at all. In other words, if one bet loses, the entire parlay.

A parlay bet essentially combines two or more bets into one wager. The payouts increase exponentially on parlays because you have to win every bet, or leg, that is part of the parlay for it to pay anything at all. In other words, if one bet loses, the entire parlay loses.

EDITOR’S NOTE: THIS OFFER HAS EXPIRED

The end of the NFL season usually brings the end of the best sports betting promotions of the year. However, DraftKings Sportsbook is keeping the action going into the spring with a great deal for new bettors.

From now through the end of the NBA season, DraftKings will offer parlay insurance for parlays of five or more legs. If only one leg of the bet misses, the site will refund the bet as site credit, up to $25.

This is a great opportunity to try out one of the best legal sportsbooks in the US.

How does parlay insurance work?

If you live in a state where DraftKings Sportsbook operates, it’s really easy to sign up for an account. Follow the steps with your email, ID, and other info. You’ll also get a free $25 bet just for signing up.

Free Bet Offer

Once on the site, deposit money through a bank account, credit or debit card, or other means. It can be done in-person at a partner casino as well.

Give yourself some time to go over all the betting options DraftKings offers. Putting together the parlay card is simple. DraftKings shows its menu online with easy-to-read prices and figures. Each leg must be -300 or higher, so while you can take the Clippers at -240 in Cleveland, you can’t take Philadelphia at home where they’re -800 against the Bulls.

Use one bet per game for the parlay card. Combining a total and a moneyline for a single game won’t work. However, players can use games from multiple leagues and sports.

Here’s an example of a parlay card from this year:

• Over 6 goals between the Los Angeles Kings and New York Rangers (-105)
• Atlanta Hawks -4.5 on the point spread against the New York Knicks (-112)
• Ja Morant to score 18 or more against the Wizards (-115)
• Los Angeles Clippers moneyline against Cleveland Cavaliers (-240)
• Miami Heat to cover 5.5 points against the Portland Trailblazers (-110)

The total payout on this bet is +1789 (nearly 18-to-1). However, if one leg misses, a free bet up to $25 will be credited to the account.

Free Bet Parlay Poker

The insurance isn’t a one-shot deal like other sites run for promos, either. Players can use this up to four times a day. Payouts come on the next business day to the accounts

Parlay insurance rules

While this is a great deal, there are some rules. This has to be a straight parlay card with five as-is bets. No teasers, no round-robins, no odds boosts, and no free bets in the mix. Attempts to cash out while the parlay is still active will nullify the chance to get the insurance.

Free Sports Bet

Parlays have become increasingly popular for bettors. If you like to take some shots to build your betting bankroll, parlay insurance will help soften the blow of a few close calls.