Introduction to bonus offers – Deposit and no-deposit packages
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Claiming a no-deposit bonus is always a dream come true for many DFS gamers. I mean, you get a reward without making any payment. Exciting, right? The $5 no-deposit bonus at ParlayPlay was one of the factors that drew me to the fantasy sports platform. Claiming it was a breeze, as all I had to do was register an account.
ParlayPlay demands phone number verification during sign-up. You’ll receive a code via SMS to the phone number you provided on the registration form. The $5 no-deposit bonus is all yours once you enter the code and verify your account. It’s that easy, and there’s no call for a ParlayPlay bonus code.
I welcomed the $5 no-deposit bonus with a bright smile, but the platform wasn’t done with rewarding me as a new player. Upon logging in, I got a notice to make my first deposit and claim a 100% bonus up to $100. The minimum deposit for the offer is $10, but I funded my account with $100 to get the maximum bonus amount. Again, I didn’t have to enter a promo code.
So, within a few hours after signing up, I had $205 in my account — The $5 no-deposit reward, $100 bonus, and my $100 deposit. That was more than enough to begin building my team and join the contests on the DFS platform.
$5 Free Pick
T&Cs apply, 18+
Get Bonus
100% up to $100
T&Cs apply, 18+
Get Bonus
How to use the bonus – A simple ship to sail
ParlayPlay doesn’t make claiming the double welcome package a challenge. It’s like you being an expert naval captain and sailing a ship on calm waters. Zero-troubles! Also, you won’t need a ParlayPlay promo code to activate any offer. Based on my first-hand experience, here are the steps to take:
- Step 1:
Visit the ParlayPlay website and click “Join Now”
- Step 2:
Complete the sign-up form and enter a valid phone number for verification
- Step 3:
Provide the code you receive via SMS in the specified space to confirm your account and receive the $5 no-deposit bonus
- Step 4:
Log into your account and navigate to the deposit section
- Step 5:
Fund your account with at least $10 to activate the 100% first deposit bonus
- Step 6:
Confirm that the bonus funds have been credited to your account
Note that you can only register if you reside in any of the 27
ParlayPlay legal states
in the US. The deposit and no-deposit bonuses are credited as promo entries. That simply means you can’t withdraw them immediately after being credited, which is the standard with all bonuses in the gaming space. You’ll have to first use the bonuses and enter contests, and if you win, you can withdraw your winnings.
The $5 no-deposit bonus is straightforward, as you simply receive a $5 promo entry. However, for the deposit bonus, ParlayPlay gave me two $50 promo entries rather than one $100 promo entry. I subsequently found that the platform breaks the bonus into two if your deposit is up to $50. Here’s the breakdown:
- $10 deposit:
1x $10 promo entry
- $25 deposit:
1x $25 promo entry
- $50 deposit:
2x $100 promo entries
- $100 deposit:
2x $50 promo entries
- $150 deposit:
2x $50 promo entries
- $250 deposit:
2x $50 promo entries
In my opinion, sharing the bonus in two helps players stay responsible. I know myself, and I’d have easily thrown all the $100 I got into one contest. But, since I got two promo entries, I had to play in two different contests.
Importantly, you don’t want to delay using the bonuses because the platform sets the validity period to seven days. So, a week is all you have before the promo entries expire.
Bonus comparison in legal states
If you live in a legal stae where ParlayPlays is legal, you can make use of the table below to compare how well their offer stacks up against the best.
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| Bonus: |
100% up to $100
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Claim your Special Pick via Code + First Time Deposit up to $250 in bonus!
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100% up to $100
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$65 value with just a $10+ deposit
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| Type: |
Deposit Bonus
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Deposit Bonus
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Deposit Bonus
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Welcome Bonus
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| Min. Deposit |
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$10
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| Cashable: |
❌
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❌
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âś…
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âś…
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Top 5 expert tips to take advantage of the offer – Get the most out of the ParlayPlay promo
Using the ParlayPlay welcome bonuses is just as easy as claiming them. From the start, you don’t need a ParlayPlay promo code. After receiving the rewards, you simply pick your team, join entries, and wait for the results. However, there’s a lot more to keep in mind if you want to maximize the $5 and $100 promo entries. I’ve put together the top 5 tips you can follow based on my first-hand experience. Check them out below.
Deposit up to the maximum
The focus here is on the 100% first deposit bonus, where you make a minimum $10 payment to qualify. You can get up to $100 with the promo, which means you equally need a $100 payment to get the maximum bonus amount. That’s what I did, and I also recommend it.
Why? The primary reason is that the DFS site only requires a low 1x playthrough. In other words, I only had to play with my deposit and bonus amount one time before my winnings were eligible for withdrawal. I’m a pro fantasy sports player, so I unsurprisingly scored some high points on my first entry.
In my
ParlayPlay review
post, I highlighted that the minimum withdrawal amount is $30. So, if you make just the minimum deposit of $10, you’ll only get $20. Even if you’re a pro like myself, it’ll be challenging to score huge winnings with such a low entry fee. So, again, I recommend depositing closer to $100 to get the optimal bonus amount.
ParlayPlay limits the promo entries from the no-deposit and deposit bonuses to 2-Pick More/Less contests. Joining any other type will remove money from your main bankroll, which won’t work. Hence, it’s essential to pick the right contests.
If you’re new to the DFS space, it’s okay to ask, “What does 2-Pick More/Less even mean?” I’ll break it down. 2-Pick implies you have to make two predictions when you join the contests, and these predictions are generally player props. Meanwhile, More/Less is what we call Totals in the NFL (Over/Under). So, you’re predicting whether a player’s total points will be more or less than a set value.
I played NBA
daily fantasy sports
with my ParlayPlay bonuses, and my first entry was a game between the Los Angeles Lakers and Golden State Warriors. My predictions were that LeBron would score more points than specified while Stephen Curry would get less. So, there it is: 2-Pick, More/Less. Note that you can pick two “More’s” or two “Less’s.” No rule says one pick must be More and the other Less.
Don't play with your own funds yet
The ParlayPlay terms and conditions for the first deposit bonus specify that players must use promo entries before entering paid contests. So, you’ll want to hold off playing with your own funds until you’ve exhausted the promo entries. Not abiding by this condition can disqualify you from the promo.
Notably, the DFS platform doesn’t have such a requirement for the $5 no-deposit bonus. But that’s because you can start playing with the $5 promo entries without making a deposit. The entry price of most ParlayPlay contests is between $1 and $300, so $5 can work just fine.
A reason ParlayPlay is one of my favorite sites for daily fantasy sports is the many sports competitions available. You get the NBA, NFL, NHL, CBB, and more. My advice to players is to avoid centering the promo entries on one particular contest. Since there are many options, it’s best to spread your wings to get accustomed to the platform.
Your promo entries balance doesn’t affect your main bankroll even if you lose. So, it’s a risk-free opportunity to experiment before you start using your funds. However, while on the diversification route, take your time to research teams and players before making any pick.
Make multiple deposits within 24 hours if you can
This last tip is one I missed out on, and I wouldn’t want you to do the same. ParlayPlay only specifies the 100% first deposit bonus as a standard promo. However, an additional match bonus could be yours if you make more than one deposit within 24 hours of creating your account. It’s sort of like a surprise reward.
Reload offers – Nothing to note
I couldn’t claim additional reload offers besides the welcome bonus at ParlayPlay. If you deposit more than once as a new player, you may be able to get an extra match bonus, as I explained in my fifth expert tip.
Additional rewards & loyalty programs – More ParlayPlay promotions for existing players
ParlayPlay may not have reload bonuses for regular deposits, but the promotions page isn’t an empty room. There are more offers, from the referral bonus to the payout boost and the Parlay Club. I’ll explain more about each one below:
Referral bonus
$30 promo funds could be yours as a ParlayPlay user if you refer others to sign up. You won’t have to enter a ParlayPlay promo code to qualify, but you’ll need to share your unique referral code. I claimed this promo only within a few days of registering, as I shared my referral code with my pal, Jake. ParlayPlay rewarded me with the bonus after Jake had created his account, completed the ID verification, and deposited at least $10.
So, when you get a referral, ensure they also complete these requirements to get your $30 promo funds. I’ve gotten $150 from the promotion so far with five referrals. The maximum allowed is 10 referrals, meaning you can get up to $300 in promo funds. That’s kind of huge, and I aim to reach the amount soon.
Payout boosts
Payout boosts are random rewards you can claim as you compete in contests at ParlayPlay. As you’d expect, this promo can increase your winnings. After playing on the DFS platform for about two weeks, I got a 10% payout boost. Thanks to that, I was able to get a $330 payout from a 2-pick More/Less entry with $100. My two picks were correct, and usually, I’d have received $300 (my $100 entry plus $200 for the two correct picks). The boost may not be a lot, but I’m still appreciative.
The ParlayPlay Club
If you want more than monetary rewards, The ParlayPlay Club is the place to be. You become a member after completing three simple tasks:
- Verifying your email
- Joining a Free2Play contest
- Referring a friend
So, I got admission to the club when my referral, Jake, verified his account. The perks of being a ParlayPlay Club member include access to exclusive contests, premium player insights, and regular promo entries. I think the player insights deliver the most goodies since I use it as a
daily fantasy sports guide
when making my picks. That’s a major reason why my selections regularly score high points.
Free2Play contestsÂ
You can enjoy fantasy sports at ParlayPlay without removing a cent from your pockets. The platform runs Free2Play contests every week that demand no entry fee. No ParlayPlay promo code is required as well, and all you have to do is pick your players and make your More/Less predictions.
If you’re one of the players with the highest points at the end of the contests, you can withdraw your winnings. So, you can profit from a $0.00 investment. What’s better than that? I can count only a few.
Overall conclusion – Enjoy some of the best DFS bonuses at ParlayPlay
There’s a steady flow of bonuses and promotions at ParlayPlay, beginning from your first day on the site. Getting a $5 no-deposit bonus is quite generous, and the up to $100 deposit bonus makes things even more exciting. While the platform lacks reloads, it more than makes up for it with referral bonuses, payout boosts, and promo entries from The ParlayPlay Club. If you weigh all these against offers from competitors, you’ll agree that ParlayPlay delivers some of the most rewarding bonuses for US fantasy sports players.
