FanDuel is one of the most well-known sportsbooks at the moment.
Over recent years, it has become famous for its market-leading same-game parlay features.
We have collected the most common questions we have received about betting parlays at FanDuel to give you all the answers!
Can You Bet Parlays On FanDuel?
The answer to that is a clear yes. FanDuel offers the ability to place parlay bets on virtually any sport.
They were one of the first to adopt Same-Game Parlays (SGP) and have been at the forefront of innovation ever since.
They recently launched SGP+, a feature where you can combine several separate SGPs into one overarching parlay, with even higher risk but also higher rewards.
Frankly, we don’t see an end to FanDuel pushing ahead with innovating in this space.
How Do You Bet Parlays On Fanduel?
To place a Parlay on FanDuel, you have to log in to your account or sign up for a new one.
As soon as you have done this, you will see a selection of all markets you can currently bet on.
Look for the ones you are interested in by scrolling through the page, or use their search function by clicking on the magnifying glass in the upper right corner.
You can add bets to your bet slip by simply clicking on the odds next to the market.
Once you have added more than two bets, FanDuel will ask you in your bet slip whether you would like to bet these separately or combine them into a Parlay.
They will give you the odds for both options, at which point you have to decide. If your bet qualifies for an SGP, FanDuel will indicate this by adding a small SGP tag to your bet slip.
If you want to check out a video guide on how to place a Parlay at FanDuel, check out our video here or look up BestOdds FanDuel Parlay on YouTube.
What Are The Best Fanduel Parlays?
FanDuel offers a massive amount of bets to choose from.
As such, there are literally infinite options to build your parlay. However, FanDuel often offers boosted odds for specific markets you can include in your parlay.
You should watch out for these as they could bring some of the best value opportunities. Apart from that, we publish a free parlay pick three times a week here on ParlayCalculator.com.
We make sure to do our research so we can give you some of the best parlay tips out there.
How Does A FanDuel Parlay Work?
FanDuel Parlays work just like any other parlay.
You decide to add multiple bets into one bet slip and combine them into a Parlay. Let’s say your Parlay has three legs, and the first one has just hit.
This means that FanDuel will automatically take the payout from the first leg of your parlay and wager it on the second leg.
Assuming that all legs of your parlay hit, you will receive a substantially larger payout as your bet size has moved up each leg along the way.
When Does FanDuel Payout Parlay Winnings?
You can claim your Parlay winnings as soon as all legs of the Parlay have been settled.
Let’s assume you’ve put some money down on a five-leg parlay. If 3 out of the five legs have hit, but the bets for the last two legs are still live, you won’t be able to take your winnings yet.
All bets need to have settled for you to take your winnings.
There is an exception in cases where FanDuel offers an early cashout option.
This option will not be available on all bets. It’s also at FanDuel’s discretion to offer it when they choose to do so.
You will often see a Cash Out button for a bet when it is very close to hitting but hasn’t hit quite yet.
For example, if one of the legs in your parlay was a Prop on Brady to throw for at least 200 yards, and by the third quarter, he’s already at 178, then FanDuel may offer you an early cashout.
Note however that if you choose to cashout early, you will get slightly worse odds.
Are FanDuel Parlays Better Than DraftKings?
While the parlays as such are the same between FanDuel and DraftKings, it is important to look at which book is offering you the best price before you place your bets.
To shop for the best odds, take a look at our odds comparison tools on BestOdds.com.
Apart from the price, our testers have determined that FanDuel’s app is a bit more intuitive and our users have reported higher maximum wins and slightly faster payout processing times with FanDuel.
On the other hand, DraftKings has a better loyalty program and usually offers more attractive bonuses.
As such, we recommend you open accounts with both and bet where the price is best! You shop around for the best deal on your electronics.
You should do the same with your bets as well!
Why Can’t I Place My Parlay At FanDuel?
Sometimes we get complaints from users who have been unable to bet their Parlays.
This is usually the case with Same-Game Parlays and the book’s appetite for highly correlated bets. FanDuel will indicate all the bets you can combine into an SGP with the small SGP tag on the markets when you look at the sportsbook.
Some markets can not be included in a Parlay as the outcome is too highly correlated, and hence the book is unwilling to offer improved odds for both.
When we talk about correlation, we mean that if one event happens, then another event will also likely happen.
Eg if Brady throws for over 300 yards, it is likely that the Bucs will have scored more than 20 points.
FanDuel and other sportsbooks too would not allow you to put these both in an SGP.
If you have further questions about betting parlays at FanDuel, email us at info@bestodds.com or DM us on social @BestOdds.