Parlay Betting Perks from BetRivers Sportsbook and PlaySugarHouse Sportsbook are a nice way to get a little something back if you like to live dangerously. Parlay betting has really taken off in the legal US sports betting world and a lot of customers are putting three or more legs together on a parlay in hopes of betting a little to win a lot.
Not all parlays are bad bets, but it is important to understand that it is extremely difficult to consistently cash those tickets. You might hit a few long shots every now and then, but most of those tickets are going to be losers.
On the plus side, you can get some money back in free bets from BetRivers and SugarHouse if you do like to place parlay bets. For players who place five parlays with three or more legs and odds of +100 or higher, you will earn a $10 Free Bet weekly during the promotional period.
Users have to place five (5) parlays of at least $10 between Monday and Sunday during the promo period and the $10 Free Bet will be awarded by 3 p.m. ET the next Monday. The Free Bet expires seven days after being awarded.
Each of the parlays must have at least three legs, which means at least three bets on one ticket, and must have odds of +100 or higher. That means that you can’t just stack a bunch of big money line favorites to try and get the $10 Free Bet.
The bets on the parlay can be from any of the sports betting markets offered at BetRivers or SugarHouse. You can put one NBA game with one college basketball game and one NHL game. You could put an NBA side with an NBA total and a soccer match winner. You could put an NHL first period with a college basketball first half and a UFC fight. It doesn’t really matter, so long as your parlay odds are +100 or higher and you have at least three legs. The minimum parlay bet amount is $10 for each ticket.
Remember that you must place five parlay bets within the promotional period in order to get the $10 Free Bet.
With a busy time of the sports calendar, this is a pretty solid promotion from BetRivers and SugarHouse, especially for those that like to play parlays on the regular anyway.