DraftKings, one of the leading sportsbooks in the legal betting industry, recently launched the same game parlay ability for bettors on the sportsbook. Same game parlays are not included on numerous sportsbooks in the legal industry, allowing DraftKings to continue separating itself from the competition.
The launch was in preparation for football season, which is the primary wagering season in the United States. However, bettors on DraftKings are already utilizing same game parlays for baseball wagers and preseason NFL competition.
What are same game parlays
A parlay is when multiple single wagers are combined into a group to heighten the odds. All bets must hit for the parlay to succeed, making this wager type very difficult to win. However, if a bettor is successful, they will be rewarded with a substantial payout.
Parlays can include bets from various markets, but same game parlays have been limited since the Professional and Amateur Sports Protection Act was repealed in the United States. Same game parlays put the odds with the bettors because it’s easier to group wagers in one game and win.
DraftKings is an industry leader, so Americans are already attracted to the platform, but same game parlays bring the sportsbook’s stock to a new level. Same game parlays will help bettors win more money, which is now being encouraged on DraftKings Sportsbook.
However, DraftKings has capped this promotion because of the advantage it gives to bettors.
DraftKings same game parlay promotion
DraftKings’ marketing team has been emphasizing the same game parlay promotion lately to attract more users to the book. It’s unknown if same game parlays will be included in the sportsbook for an extended period.
The same game parlay has been utilized rapidly since DraftKings launched it. The company is focusing on MLB to entice bettors to apply the promotion for baseball before football beginning.
All new and existing DraftKings users will have access to this deal. New users will receive their welcome bonus in addition to the same game parlay deal. The promotion applies to a bettor’s account by placing a same game MLB parlay.
When a bettor places a same game MLB parlay on DraftKings, their account will be credited with $10 in free bet credits. This credit can go towards any wager on the platform, which is beneficial for people who do not want to bet on MLB, especially with football season approaching.
The max bet for the same game parlay promotion is $5, but this risk can still win a lot of money depending on the number of parlays included on a betting slip.
DraftKings offers hundreds of wagers for most games through traditional and prop markets. This promotion is available in Colorado, Illinois, Indiana, Iowa, Michigan, New Jersey, Pennsylvania, Tennessee, and West Virginia.
New Jersey is the largest betting market in the United States, and DraftKings and FanDuel are the two more used books in the state. DraftKings’ footprint in major betting markets has given the platform a leg up on the competition, continuing to grow with the same game parlays.