Sportsbooks are going all-in on parlay betting for Week 2 of college football.
Hoosiers wagered over $82 million on parlays during August, and it looks like sportsbooks in Indiana have taken notice.
The latest batch of promotions are great for wagering on big games like Saturday’s matchup between Ohio State vs. Oregon.
DraftKings College Football Parlay Boost
DraftKings has the first new college football deal for this week.
The sportsbook is offering a 33% profit boost for college football parlays. The deal is good for any FBS college football games on Sept. 10 or 11.
You’ll have to sign up for DraftKings if you haven’t already to use the promotion.
Once your account is set up, find the deal under the “Promos” section of DraftKings and be sure to opt-in.
After that, just create a college football parlay with at least three legs.
Select the deal from your bet slip, and there you go! An automatic boost to your winnings.
There’s a $50 max wager for this deal, which can top out at $250 in additional winnings.
This is a solid deal for college football fans. A 33% profit boost is nothing to sneeze at, so if you like creating parlay wagers, then this can help you earn some extra cash on this weekend’s games.
FanDuel College Football Bet and Get
Fans across the Hoosier State are already scouting out the latest college football betting odds.
FanDuel is hoping to attract some of those gamblers with its latest promotion. Its “College Football Bet and Get” deal might be enough to steal some parlay bettors from DraftKings.
The promotion is handing out a free $10 to every gambler that bets at least $20 on a college football parlay this weekend.
Those parlays will have to have at least four legs, plus odds that stack up to at least +400. In other words, a parlay with +500 odds would qualify you for the deal, but a wager at -100 odds wouldn’t make the cut.
Obviously, it can be pretty tough to win a parlay with that many legs.
What could make this appealing to gamblers is the fact that you’ll win that extra $10 regardless of whether your parlay wins or loses.
So even if all four of your bet’s legs miss, getting $10 back on a $20 wager would certainly take some of the sting out of the loss.
However, it’s important to note that FanDuel is paying that $10 out as site credit, so you’d need to pump it through the system one more time before you could cash it out.
If you’re interested in using this deal, just be sure to opt-in on FanDuel before you place your bet.
PointsBet College Football bonus Parlay
Speaking of taking the sting out of losing, PointsBet is making that the focus of its college football deal this week.
The sportsbook is offering a bonus parlay for this weekend’s action.
Much like FanDuel’s deal, your parlay will have to have at least four legs in order to qualify.
If your parlay falls a bit short, then PointsBet will refund you up to $20 just for opting-in to this promotion. That refund will find its way to your account as a bonus bet.
Some gamblers may prefer this deal to FanDuel’s for a handful of reasons.
First of all, you can earn twice as much money back if your parlay loses.
If you’re only betting $20 with this promotion, then the deal covers your entire wager. Talk about removing risk.
The minimum odds for PointsBet’s parlay promo are also a little more generous.
Where FanDuel requires odds of at least +400, PointsBet is letting wagers slide in at +100. That means that you can bet on more favorites and fewer underdogs, making your parlay more likely to hit in the first place.
FanDuel’s advantage comes into play for gamblers who end up winning their bets. An extra $10 on top of your winnings is something that PointsBet’s deal doesn’t offer.
So if you’re feeling extra confident, then FanDuel may be your best parlay option this weekend. If you’re looking to play it little safer, then head on over to PointsBet.
These are only a handful of the sporstbook promotions out there for college football this weekend. If parlay betting isn’t your thing, then feel free to browse around a bit and find the best deal for you.