New players can sign up with a ParlayPlay promo code field during registration and get started on the platform with a generous welcome package.
I do not have a ParlayPlay promo code to share at the moment, but you do not need one to unlock the two welcome offers that are available when you register with this DFS site.
First, when you create your new account, you will receive a 5 dollar free entry with no deposit required. Second, you can claim a 100 percent first deposit match worth up to 100 dollars. I have claimed and used both of these promotions myself, and I was pleased to find that the terms and conditions were reasonable and that there were very few restrictions.
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.
While the Sleeper welcome bonus 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:
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 ❌ |
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.
Firstly, here's how to create and verify your new account to get your $5 Free Entry:
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| Free entry can be withdrawn: | No ❌ |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 |
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:
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.
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:
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) |
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.
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:
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 ParlayPal contests (if any) are available in your state:
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+ |
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:
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:
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 our Underdog Fantasy review here, but overall, ParlayPlay has some of the best sports coverage I've seen for a US-based DFS app.
Here's a quick overview:
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:
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.
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.
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.
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.
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.
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:
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.
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.
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.
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.
21+ and present in VA. Gambling Problem? Call 1-800-GAMBLER.
Copyright © 2025 Picks And Parlays. All rights reserved.
Picks And Parlays is the nation’s premier resource for sports betting and handicapping information.
