We all love hitting parlays. The generous payouts make it easy to see why they are so popular with the public.
Yet, finding the best parlay betting sites where to place all kinds of crazy combinations might be challenging.
It is especially hard for new players, but the good news is you have arrived at the right place.
This article will take you to the best parlay online sportsbooks.
We will also teach you how to bet them and how to claim the biggest and most attractive welcome bonuses in the process. Let’s go!
Table Of Contents
What Is A Parlay In Sports Betting?
A parlay bet is a single sports wager that involves two or more teams winning straight up or against the spread, but it can also include game totals bets, or exotic bets, such as props, depending on the site.
In order to win, you need to hit each of your selections. One loss on your ticket will destroy the entire parlay.
Parlay bets are so popular because they have larger payouts compared to just choosing a single team to win.
The difficulty of winning is also greater. The sportsbooks reward players with a bigger payout for that reason.
Top Parlay Betting Sites In 2023
You are here to find the best site to make parlay bets. Well, the list below has the top five offshore sportsbooks where you can place parlays on your favorite sport.
|Rank||Top Sportsbooks||Deposit bonus||Get Started|
|1||BetUS||Deposit bonus 100% Up To $2,500||Bet Now|
|2||Bovada||Deposit bonus 50% Up To $250||Bet Now|
|3||BetNow||Deposit bonus 100% Up To $1,000||Bet Now|
|4||Betonline||Deposit bonus 50% Up To $1,000||Bet Now|
|5||Everygame||Deposit bonus 100% Up To $750||Bet Now|
|6||Sportsbetting||Deposit bonus 50% Up To $1,000||Bet Now|
|7||MyBookie||Deposit bonus 50% Up To $1,000||Bet Now|
Best Parlay Online Sportsbooks Reviewed
BetUS – THE BEST PARLAY BETTING SITE
After a long hiatus without accepting new players, BetUS reopened its doors to become better than ever.
They have a long list of markets where you can place any parlay combinations.
Their top offer is a sweet 100% Up To $2,500 Welcome Bonus that you can claim with your first deposit.
BetUS also has a 200% crypto bonus of up to $2,500 on your first deposit via cryptocurrencies. Use the code JOIN200 to claim it.
Parlay Payouts At BetUS
At BetUS, you can collect as much as a $200,000 payout for a parlay. It all depends on how many legs you bet. I recommend three-leg parlays.
Anything beyond that will give the sportsbooks too much of an edge. A two-team parlay pays +260 at BetUS. Here’s the payout table:
Why Bet Parlays At BetUS?
- The Best Welcome Bonus!
- Easy To Use Betting Interface
- Open Parlays Available
- VIP Program
You can’t go wrong with BetUS. After reviewing hundreds of sites, we consider it to be the best online sportsbook for parlays and open parlays.
Bovada – Great Alternative For Parlays
Bovada is a top offshore brand with more than 20 years in the business. They offer competitive odds on the major US sports leagues and any other league around the world.
You can find plenty of markets to place good parlay bets at Bovada. Their long list of prop bets is also an excellent asset.
Bovada offers a 50% Up To $250 Welcome Bonus with your first deposit after signing up.
They are currently running a $750 Bitcoin Welcome Bonus by using the promo code: BTCSWB750. Of course, to claim it, you need to deposit via Bitcoin.
Parlay Payouts At Bovada
Bovada will pay up to $100,000 for a parlay win. Anything beyond that won’t get paid. Below you will find an example of their payout table:
Why Choose Bovada?
- One of the best brands in the industry
- Great parlay betting interface
- Low rollover requirements
MyBookie – Tons Of Parlay betting Markets
MyBookie started in 2014 with the idea of becoming the top sportsbook for US players. They can say they are in the top-5 for sure.
MB has good promotions all year and especially during football season. Right now, they will double your first deposit if you claim the 50% Up To $1,000 Sign Up Bonus.
Because they go heavy on American sports, you will find plenty of competitive odds to put together a juicy parlay.
Parlay Payouts At MyBookie
The maximum payout for any parlay at MyBookie is $100,000. In fact, the maximum combined daily winnings for any account is also $100,000.
Their two-team parlays market is also a standard +260. This is their payout table:
Why Choose MyBookie?
- Attractive Sign-Up Bonus
- Promotions & Bonuses Year Round
- Excellent Mobile Betting Software
Sportsbetting.ag – Long Time Trusted Parlay Sportsbook
Sportbetting.ag is an excellent option for parlays, mainly because they offer competitive odds on different markets.
You can take advantage of a 50% Up To $1,000 Welcome Bonus by signing up and making your first deposit.
Many see them as the little brother of BetOnline, but that doesn’t hurt. Both are under the same management umbrella, and that’s actually a good thing, considering their positive reputation.
Parlay Payouts At Sportsbetting.ag
Sportsbetting.ag will pay a maximum of $150,000 for a parlay win. That sum is also the maximum amount a player can win in 24 hours. Here’s their payout table:
Why Choose Sportsbetting.ag?
- Excellent for Recreational and Professional Bettors
- High-Limit Parlay Sportsbook
- Attractive Welcome Bonus
BetOnline – Fast Paying Sportsbook For Parlays
BetOnline has been around for 20 years, and it is hard to find a more trusted brand.
Their operation has gone all-in on crypto deposits and withdrawals. That has allowed BOL to become the fastest paying offshore sportsbook for US players.
If you want to bet parlays and get paid fast, they are the ones.
BetOnline offers a 50% Up To $1,000 Welcome Bonus with your first deposit, and they also have plenty of crypto bonuses waiting for you.
Parlay Payouts At BetOnline
BetOnline has a better market for parlay than most sportsbooks, paying a 2-team leg 2.64 to 1. All parlays will pay up to a maximum of $150,000.
Here is their payouts table:
Why Choose BetOnline?
- Early Odds for Most Events
- One of the Fastest Paying Offshore Sportsbook
- High Deposit Limits
How To Bet A Parlay At An Online Sportsbook
Here are some quick steps on how to bet a parlay at a sportsbook online.
Find Your Favorite BetsGo to the sportsbook section on the top menu and shop for the best betting lines.
Pick Your Parlay SelectionClick on the betting number you like. One selection is considered a single wager. To bet a parlay, you need to pick two or more.
Once you have selected at least two, you will see the parlay option on the right side of your screen.
Select The Wager AmountType the amount you want to wager on the parlay. The sportsbook will automatically tell you how much you can win with your parlay bet.
Double Check And Bet!Double-check your selections, but also the amount you will risk. Once you are sure, hit the button “place bet” or just “bet.”
Once you hit it, you need to wait for the results of the games.
As you can see, betting a parlay is a simple process. It’s not much different from placing a single bet.
How To Choose The Best Parlay Betting Site
Smart bettors play in more than one sportsbook. That’s because betting lines vary between different sports betting sites.
Having money in different books helps when you want to grab the best number available. When choosing the best online sportsbooks for parlays, consider these features:
Always pick a sportsbook that’s active, giving sports betting bonuses and rewards to both new and recurring players.
Allow yourself to get allured by these betting sites. They want your business, and there’s nothing wrong with that. Take advantage of the promos.
You also want a place that will give you a fair chance to win. Competitive odds are a big deal because a half of a point on any parlay bet can be the difference between winning and losing.
Let’s go back to the intro of this section. Have money on at least two sportsbooks to have the chance to shop lines and pick the best number.
Always know where you are playing. Learn the reputation of the sportsbook and what other players feel about them.
Read our sportsbook reviews to understand the pros and cons of playing on any of the many sportsbooks available.
If you don’t want to do your homework, you can choose one of the five options above. They are all amongst the best sites to make parlay bets.
What Is An Open parlay Sportsbook?
An open parlay sportsbook allows a player to start a betting ticket with just one selection and then lets the player add more wagers.
Sportsbooks that offer open parlays have a limit of 25-plays per ticket.
So, what’s the difference between a standard parlay and an open parlay?
In the standard version, you need to put together a parlay combination right from the start. You can’t add more plays to the ticket once you submit it.
Unfortunately, not all sportsbooks allow open parlays. But we’ve got you covered.
Below, we will show you one site that definitely allows open parlays and also happens to be our top-rated sportsbook at SBS.
Best open Parlay Sportsbook
The best open parlay sportsbook in 2023 is BetUS.
I already mentioned all their attractive promotions, but they are also one of the few which offers open parlays to the public.
Here’s the tricky part. To open this feature, you need to call support at 1 (800) 792-3887. My advice is that you open your account, deposit, and claim your welcome bonus first at BetUS.
When you have gone through all these steps and the money is in your account, you give them a call. They will make the feature available for you in no time.
Deposit, Bet Parlays Online, And Win!
I won’t lie to you. Betting parlays is fun. But it’s only a fun experience if you bet safely at one of the best parlay betting sites.
They are also tough to hit, but the payout is so captivating, it’s hard to say no. Choose one of the options we recommend. You simply can’t go wrong with any.
Deposit, claim your bonus, and don’t forget to have fun. Start betting parlays online today!