ParlayPlay Promo Code - How To Get Your $100 Deposit Bonus Offer
- $5 Free Entry and 100% first deposit match up to $100
- Lineup Picks and peer-to-peer (P2P) contests with up to 155x win multipliers
- Pro sports, college sports, and esports fantasy contests
When signing up, new users will notice a ParlayPlay promo code field, which often makes it seem like entering a code is necessary to unlock the welcome offers. Our full ParlayPlay review covers everything you need to know about the platform before you dive in.
Right now, there is no ParlayPlay promo code to use, and the good news is that you do not need one to access either of the two introductory deals available on this DFS site.
After creating an account, you receive a 5 dollar free entry with no deposit required. You also have the option to claim a 100% first deposit match worth up to 100 dollars. I tested both promotions myself and found the terms straightforward, with minimal restrictions compared to similar Underdog Fantasy promo code offers.
ParlayPlay sign-up offers - $5 Free Entry + 100% deposit match up to $100
Most fantasy sports websites and apps in the US provide a welcome offer for their prospective new players. It's a crowded market, and a solid signup bonus is a good way to incentivize their potential audience. If you're exploring your options, our ParlayPlay review covers everything you need to know about the platform itself.
While the Sleeper promo code and Underdog Fantasy promo code are decent, few DFS new player packs are as good as what I found at ParlayPlay. As a new player here, you get the opportunity to grab two welcome offers:
- $5 Free Entry - This is a no deposit bonus that gives you $5 single-stake free entry to your first DFS contest. If your entry wins, you'll be paid in Promo Funds (more on these later), but if you lose, your real money balance isn't impacted at all.
- 100% first deposit match up to $100 - After you've claimed your free entry, you can have your first deposit matched like-for-like in Promo Funds up to a maximum of $100. For example, if you deposited $50, you would get $50 in Promo funds.
The key details
In the table below, I've provided the essential information about these welcome offers for you:
| DFS site: | ParlayPlay 🏈 |
| No deposit sign-up offer: | $5 Free Entry 🏆 |
| First deposit bonus: | 100% up to $100 💵 |
| Promo code: | N/A ❌ |
100% First Deposit Match up to $100 in Promo Funds
How to use the ParlayPlay bonus code - Step-by-step
Unlike the Sleeper promo code, there are two signup offers at this DFS site. I have therefore provided you with two guides to walk you through the process of claiming and using these offers.
Getting your ParlayPlay no deposit bonus - $5 Free Entry
Firstly, here's how to create and verify your new account to get your $5 Free Entry:
- Visit - Click one of the banners on this page to reach the ParlayPlay website (or download the app)
- Start - Click the "Join Now" button
- Log in - Create a username and password for your account
- Names - Enter your first and last names (must be as they appear on your passport or ID card)
- Email - Enter a valid email address to link to your account
- D.O.B - Enter your date of birth (see below for minimum age limits)
- Phone - Enter your US phone number, click "Verify", and enter the verification code (you should receive this via SMS)
- Referral - Enter a referral code (optional - more on the refer-a-friend bonus later)
- Confirm - Click the checkbox to accept the minimum age limits, T&Cs, Privacy Policy, etc.
- Submit - Click the "Create Account" button to submit the form
- Verify - You may be asked to upload a photo of your ID card/ passport and enter the last four digits of your SSN
- Bonus - Get your $5 Free Entry and use it to play a DFS contest
Using your $5 Free Entry and the important T&Cs
Your $5 Free Entry must be used as a single-stake entry to a DFS contest at ParlayPlay. It cannot, for example, be divided into 2 x $2.50 entries. Moreover, it is non-withdrawable and cannot be combined with any other promotions.
If you win the contest with your Free Entry, the winnings will be credited as Promo Funds. I'll explain how promo funds work below, as the deposit match is also credited as Promo Funds.
First, here's a list of the main T&Cs:
| Free Entry: | $5.00 |
| Use: | Single-stake entry only |
| Expires: | After 7 days |
| Eligible contests and markets: | All markets and contests are eligible (2 pick minimum) |
| Free entry can be withdrawn: | No ❌ |
| Playthrough requirement on winnings: | 1x |
How to claim the ParlayPlay deposit offer - 100% up to $100
To claim your 100% first-deposit match of up to $100, you need to make an instant minimum deposit of $10 using your credit or debit card. While ParlayPlay doesn't charge any transaction fees, I can't speak for your bank or card provider, so check with them in advance.
Anyway, this is how you can make your initial deposit:
- Log in to your new account
- Click the "Add" button (located next to your account balance at the top of the screen)
- Select your deposit amount ($10 minimum and $100 maximum)
- Hit the "Deposit [X amount] now button
- Select your payment method
- Enter your card details and save them to your account for future use
- Follow the instructions to complete the transaction
- Get your 100% deposit match in Promo Funds up to $100
100% deposit match T&Cs
As I did for the free signup offer, here's a quick look at the most important T&Cs to be aware of regarding the deposit bonus:
| Deposit match: | 100% |
| Minimum deposit: | $10.00 |
| Maximum bonus: | $100.00* |
| Eligible deposit methods: | Credit and debit cards (Visa or Mastercard) |
| Expiry time: | 7 days |
| Order of use: | Promo Funds, then cash balance |
| Eligible games and markets: | All games and markets are eligible (minimum 2 picks from separate teams) |
| Playthrough before withdrawal: | 1x |
*You can deposit more than $100.00 (up to $250.00 maximum), but the bonus is capped at $100.00.
How Promo Funds work at ParlayPlay
Your ParlayPlay deposit bonus and any winnings you get from contests entered using your $5 Free Entry will be credited as Promo Funds. Moreover, the vast majority of existing player promos that you will claim in the future (save for PayoutBoosts, Slashed Lines, and a handful of others) will be credited as Promo Funds.
It's therefore vitally important to understand how these work. Here's a quick list of the key points you need to know:
- Promo Funds can be used to play all contests on the site/app without restriction
- They cannot be used in combination with other bonuses (e.g, Payout Boosts)
- They can be used in any combination (they don't have to be used as a single stake like your $5 Free Entry)
- Promo Funds always expire after 7 days
- You must always use Promo Funds before your cash balance
- Winnings from Promo Funds are credited directly to your cash balance
- You must complete the 1x playthrough requirement before you can withdraw your Promo Funds contest winnings
Withdrawing Promo Funds winnings
You can find details of the general withdrawal process in my colleague's ParlayPlay review. Here, I'm going to concentrate on the withdrawal process specifically relating to your Promo Funds.
You can make withdrawals as normal with winnings from your Promo Funds, subject to the following conditions:
| Minimum bonus withdrawal: | $10.00 |
| Requirements: | Your account must be fully verified, and you must have made at least one real-money deposit |
| Playthrough requirements: | 1x your full deposit (see below for details) |
How to meet the 1x playthrough
Compared to other promotions on the market, the 1x playthrough requirement is one of the most reasonable that I've come across. Before you can withdraw the winnings that you have gotten from entering contests with your bonus funds, you must play through your entire cash deposit by entering DFS contests.
For example, if you deposited $50, you would need to play through the full $50 in contest entries before you could withdraw your Promo Funds winnings. You can easily track your playthrough progression in the "Withdrawal" tab in your account. Players looking for alternatives to compare can also check out the best DFS apps available right now.
Frequently asked questions about the ParlayPlay welcome offers.
I've covered the most essential information about these two great DFS welcome offers. However, to fill in the gaps that I might have missed, here are my answers to your most frequently asked questions:
1. Where are these signup bonuses available?
So far, I've only discussed the welcome promotions, which by their very nature are available to new players only. Below is a comprehensive list of what ParlayPlay contests (if any) are available in your state:
- ParlayPlay Picks: Alaska, Georgia, Indiana, Minnesota, Nebraska, New Mexico, North Carolina, North Dakota, Oklahoma, Oregon, Rhode Island, South Carolina, South Dakota, Texas, Utah, Virginia, Washington DC, and Wisconsin.
- ParlayPlay Rumble (P2P contests): Alabama, Arkansas, Arizona, California, Florida, Illinois, Kansas, Kentucky, Massachusetts, Tennessee, West Virginia, and Wyoming.
- All paid-entry contests are unavailable: Colorado, Connecticut, Delaware, Hawaii, Idaho, Iowa, Louisiana, Maine, Maryland, Michigan, Mississippi, Missouri, Montana, Nevada, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, and Washington.
2. What's the minimum age limit for ParlayPlay?
To register an account in most of the available states, you must be aged 18+. However, there are a couple of exceptions, as you can see below:
| States | Legal ParlayPlay age limit |
| Arizona and Massachusetts | 21+ |
| Alabama and Nebraska | 19+ |
| All other available states | 18+ |
3. What DFS contests can I play with my Free Entry and Promo Funds?
You can play all ParlayPicks or Rumble contests (where available in your state) using your Free Entry and/or Promo Funds. As I stated earlier, there are no restrictions.
Both of these are pick 'em contests with the following basic rules:
- You select a league (all American pro sports leagues are available)
- Pick between 2 and 9 players from at least 2 teams
- Select "More" or "Less" of players' stat projection (e.g., Nick Senzel to get more or less than 0.5 strikeouts)
- If your picks are correct, you'll win a multiplier based on your entry fee
4. What's the difference between Picks and Rumble?
ParlayPlay Picks and Rumble contests work the same, following the basic rules above, but the difference is in how the prize pools and payouts work:
- ParlayPlay Picks: Your payout is based on a simple multiplier based on your entry fee and number of picks - the more picks in your lineup, the higher your potential payout multiplier is.
- ParlayPlay Rumble: Rumble is a peer-to-peer contest, so you're always competing with the lineups of between 25 and 100 other players. As a result, there are two potential ways to receive a payout here. Firstly, you can receive a multiplier payout for having a perfect lineup, as with the regular Picks contests. Secondly, you can win a prize if you have the highest score in your P2P contest pool.
5. What leagues and sports do the contests cover?
This app covers a variety of American and global sports and leagues, including college sports. Additionally, they also offer DFS contests for many esports as well. You can compare it to the Underdog Fantasy platform, but overall, ParlayPlay has some of the best sports coverage I've seen for a US-based DFS app.
Here's a quick overview:
- Football: NFL, UFL, XFL, and college
- Basketball: NBA, WNBA, and college
- Baseball: MLB
- Hockey: NHL
- Soccer: EPL, UCL, MLS, and many other European and global leagues
- MMA: UFC
- Tennis: All Grand Slams and major tournaments
- Cricket: Multiple leagues
- Golf: PGA and LIV
- Esports: CS:GO, LoL, Valorant, Dota, and Rocket League
Top tips for using the ParlayPlay sign-up promotions
Now that I've covered the welcome offers in detail, here are my top five expert tips to help you take full advantage of your Free Entries and Promo Funds:
💰 Don't deposit more than you can afford
Above all else, you should never deposit more than you can afford to just get a bigger bonus. On a financial level, this is dangerous and only risks you losing more money rather than winning anything. Remember that you also have the 1x playthrough to take into account.
🏀 Play to your strengths
Use your Promo Funds and Free Entry to make picks of players, teams, and sports that you follow and understand well. Don't use your bonus as some kind of free hit "Hail Mary" on sports and leagues that you don't watch or understand at all. At the end of the day, you want to use the bonuses to boost your chance of winning, not as an experiment.
⚖️ Manage your risk vs reward ratio
While the payout multiplier for having 9 picks with elevated long-shot stats can look appealing, remember that the probability of winning is very low. At the same time, 2 safe picks could have such a low potential win payout that it's hardly worth your while. I usually find it's based on aiming somewhere in the middle, with a lineup of 4 or 5 relatively safe and logical picks.
⏳ Time the bonus right
Free Entries and Promo Funds on this DFS app only last for 7 days, so it's important to claim the bonus when the games you want to make picks for are actually happening. For example, if you're an NFL fan, the Promo Funds will be of very little use to you in the middle of April.
📊 Track your playthrough
The 1x playthrough might be very low and simple to achieve, especially compared to competitor bonuses, but you still have to keep on top of it. Check the "Withdrawal" tab regularly to track your progress.
More ParlayPlay promotions for existing players
After you've claimed and used your welcome offers, you'll find plenty of other promos and bonuses that you can pick up during your time playing at ParlayPlay. Here are some of the offers I've used recently:
- Refer-a-friend: You can grab a $20 Free Entry when a friend registers with your referral, verifies their account, and deposits at least $10.
- Boosted picks: Get a boost of between 5% and 35% on every contest entry.
- Slashed Line promos: Discounts on selected players' stat projections.
- Projected Pick promo: Get your entry fee back as a Free Entry if you lose the contest.
- Payout Boosts: Certain players' stat projection multipliers are increased for a limited time only.
ParlayPlay promo code for daily fantasy sports
In summary, I feel that you have two fantastic welcome offers on the table here that offer great value and come with very fair T&Cs attached. Both the $5 Free Entry and the 100% first deposit match of up to $100 have a lot to offer you as a new player on this DFS app. Moreover, there are some fantastic regular promotions for existing account holders.
If this sounds like something for you and you live in an eligible state, click any of the banners on this page to head straight over to the ParlayPlay website and get started. You can also browse free picks to help inform your contest selections, or compare offers side by side with our roundup of sportsbook promos available today.
ParlayPlay promo code FAQ
What is the valid promo code for ParlayPlay?
There isn't a valid promo code for ParlayPlay, because you don't need one to get your $5 Free Entry signup bonus or the 100% deposit match. As soon as you have a verified account, you will be eligible for these offers.
How do I get free money at ParlayPlay?
You cannot get free money at ParlayPlay or any US DFS app. However, you can get a $5 Free Entry with no deposit when you register and verify your new account.
What is the signup bonus at ParlayPlay?
There are actually two signup offers available to you at ParlayPlay as a new player. You can grab a $5 Free Entry sign-up bonus followed by a 100% first deposit match up to $100.
- General
- Payments
- Customer Support
-
- Company ParlayPlay, Inc
- VIPs Yes
- Founded 2021
- Bonus 100% First Deposit Match up to $100 in Promo Funds
-
Visa
instant
-
Mastercard
instant
-
Discover
- Email support@parlayplay.io
- Phone +1 (888)-680-0405
- Languages English
- Options Email, Hotline, Live Chat