Parlay Insurance

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Parlay insurance is undeniably a great benefit in the event that one leg of a parlay bet is a loser, but bettors should be careful with it. Placing too many parlays can result in reduced odds of. What’s the deal with the Parlay Insurance Promotion? They will give you a maximum refund of $25 for each parlay, so we recommend not wagering anything over this amount. The refund you get. Introducing same game parlays! Now, you can combine multiple bets from one matchup or team into a single parlay to go for an even bigger win. Think your favorite team is going to dominate their next matchup? Bet on them to win, the total to go over, and their QB to throw over 3 TDs — all in one parlay.

  1. The sportsbook is offering insurance, up to $25, on any NBA Playoffs parlay with four.
  2. Parlay Insurance Parlay insurance is a great offer betting sites give you when setting up your accumulator. If you have 5 or more selections in your accumulator and one of those selections.

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?

Pointsbet parlay insurance

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.

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:

Fanduel Parlay Insurance

Parlay insurance fanduel
  • 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)
Parlay Insurance

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.

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

Pointsbet Parlay Insurance

Parlay insurance rules

Fanduel Parlay Insurance Nfl

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.

What Is Parlay Insurance

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.