Skip to main content

How to Use the Parlay Betting System

Rachel Elam | August 31, 2020 | Updated on: October 1st, 2020

parlay betting system explainedThe Parlay betting system is one of the oldest betting strategies around. It first recorded use of this strategy was in 16th century Italy, but it is possible that this strategy existed long before that.

In a nutshell, the Parlay system is a positive progression system, which sees you increase your bet each time you record a win. So, instead of betting with your own money, you place bets with house money. The idea with this strategy is to reduce your overall losses.

While we will give you a more detailed explanation of how to use the parlay betting system below, it is important that you do not confuse the system with the parlay bets used in sports betting.

In sports betting, a parlay bet is a specific type of bet. However, in casino games, the Parlay betting system simply dictates whether you increase or decrease your total bet amount. You can still make whatever type of bet you like. For example, in roulette, you can use the Parlay betting system while making red or black bets or straight bets.

If you would like to find out more about the Parlay betting system, keep on reading. Below we explain how this system works as well as the advantages and disadvantages of using it. We also list some great online casinos where you can try using this system for yourself if you find it intriguing. So, read on and learn more about this betting system.

Best Online Casinos

1
 
cafe casino
$5500 Bonus
7.9
Fully filled star Fully filled star Fully filled star Fully filled star Unfilled star
$5,500 BONUS
Play Now Cafe Casino
Rating: 4/5
List item
  • 24/7 live chat and telephone customer service
List item
  • Play on any mobile and desktop device
List item
  • Bitcoin supported
2
 
wild casino
$5000 Bonus
9.8
Fully filled star Fully filled star Fully filled star Fully filled star Fully filled star
$5,000 BONUS
Play Now Wild Casino
Rating: 4/5
Our Top Choice
List item
  • 90% Cost coverage, no annual limit
List item
  • Easy, straightforward claims process
List item
  • No annual or lifetime limits
3
 
High Country Casino
$5000 Bonus
8.2
Fully filled star Fully filled star Fully filled star Fully filled star Unfilled star
$5,000 BONUS
Play Now High Country
Rating: 5/5
List item
  • Great selection of casino games
List item
  • Wide variety and selection of bonuses
List item
  • All licensed vets are covered
4
 
Vegas Aces
$5000 Bonus
7.6
Fully filled star Fully filled star Fully filled star Fully filled star Unfilled star
$5000 BONUS
Play Now Vegas Aces
Rating: 5/5
List item
  • 24/7 customer support available
List item
  • SSL encryption
List item
  • Proven fair by TST
5
 
Lucky hippo casino
$3000 Bonus
9.4
Fully filled star Fully filled star Fully filled star Fully filled star Half-filled star
$3,000 BONUS
Play Now Lucky Hippo Casino
Rating: 4/5
List item
  • Up to 90% reimbursement
List item
  • VetConnect™ 24/7 helpline
List item
  • Save 40% for eligible multiple bets
6
 
sun palace casino
$10000 Bonus
7.1
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$10,000 BONUS
Play Now Sun Palace
Rating: 4/5
List item
  • Great range of RTG slot machines.
List item
  • Reliable and experienced gaming operator.
List item
  • Networked RTG progressive jackpots.
7
 
True Fortune Casino
555% Bonus
7.2
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
555% BONUS
Play Now True Fortune Casino
Rating: 4/5
List item
  • Proven fair by TST
List item
  • Mobile gaming abled
List item
  • Downloadable Android app also available
8
 
bovegas casino
$5500 Bonus
8.8
Fully filled star Fully filled star Fully filled star Fully filled star Half-filled star
$5,500 BONUS
Play Now BoVegas Casino
Rating: 4/5
List item
  • Good selection of casino games.
List item
  • Generous welcome bonus.
List item
  • Accepts US Players.
9
 
Club Player Casino
$7500 Bonus
7.0
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$7500 BONUS
Play Now Slots Paradise
Rating: 4/5
List item
  • Good Selection of Casino Games
List item
  • Hosts Varied Live Dealer Games
List item
  • Offers Generous Casino Bonuses
10
 
Red Dog Casino
$8000 Bonus
7.0
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$8000 BONUS
Play Now Red Dog Casinor
Rating: 4/5
List item
  • Quick cashouts with Bitcoin
List item
  • 24/7 live chat and email support
List item
  • Play on the tablet, mobile, and desktop
11
 
 free spins Casino
$7500 Bonus
7.3
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$7,500 BONUS
Play Now Free Spin Casino
Rating: 4/5
List item
  • Bitcoin accepted
List item
  • Live dealer games are available
12
 
Slots Room Casino
$2000 Bonus
7.2
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$2,000 BONUS
Play Now slotsroomCasino
Rating: 4/5
List item
  • Free spins
List item
  • welcome bonuses
List item
  • Cashback offers
13
 
Cherry Casino
$5500 Bonus
7.2
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$5,500 BONUS
Play Now Cherry Gold
Rating: 4/5
List item
  • Bitcoin is accepted
List item
  • Live dealer games
14
 
Golden Lion Casino
$300 Bonus
7.2
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
300% BONUS
Play Now Golden Lion
Rating: 4/5
List item
  • Bitcoin is accepted
List item
  • Live dealer games
15
 
Slots Ninja casino
$3500 Bonus
8.8
Fully filled star Fully filled star Fully filled star Fully filled star Half-filled star
$3,500 BONUS
Play Now Slots Ninja Casino
Rating: 4/5
List item
  • Good selection of casino games.
List item
  • Generous welcome bonus.
List item
  • Accepts US Players.
16
 
las atlantis casino
$14000 Bonus
8.5
Fully filled star Fully filled star Fully filled star Fully filled star Half-filled star
$14,000 BONUS
Play Now Las Atlantis Casino
Rating: 4/5
List item
  • Great selection of casino games
List item
  • Wide variety of casino banking methods
List item
  • Available to USA players
17
 
Super Slots Casino
$6000 Bonus
7.2
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$6,000 BONUS
Play Now Super Slots Casino
Rating: 4/5
List item
  • More than 200 casino games
List item
  • Bitcoin boost adds 5% in bonus money
List item
  • 12. Mobile website compatible with all major devices including iOS and Android
18
 
Bet US Casino
$5000 Bonus
7.2
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$5,000 BONUS
Play Now Betus Casino
Rating: 4/5
List item
  • Quality casino games
List item
  • Great selection of bonuses and promotions
List item
  • No withdrawal fees
19
 
busr casino
$3000 Bonus
7.5
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$3,000 BONUS
Play Now Busr Casino
Rating: 4/5
List item
  • Quick Payouts.
List item
  • Easy to earn bonus
List item
  • Free Bitcoin payouts and deposits.
20
 
Las vegas Casino
$2550 Bonus
7.2
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$2,550 BONUS
Play Now Las Vegas Casino
Rating: 4/5
List item
  • No withdrawal fees
List item
  • US Friendly
List item
  • Variety of casino bonuses
21
 
Highway Casino
$2550 Bonus
7.2
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$2,550 BONUS
Play Now Highway Casino
Rating: 4/5
List item
  • Bitcoin-friendly
List item
  • Customer support available
List item
  • Live dealer casino games are available
22
 
Liberty Casino
$777 Bonus
7.1
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$777 BONUS
Play Now Liberty Slots
Rating: 4/5
List item
  • 47. Offers bonuses as high as $777 with a low staking limit
List item
  • 24/7 live chat, telephone, and email support.
List item
  • All USA players accepted.
23
 
lincoln Casino
$1000 Bonus
7.1
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$1,000 BONUS
Play Now Lincoln Casino
Rating: 4/5
List item
  • Best banking options
List item
  • Great customer service
List item
  • Top real money games
24
 
Irishluck casino
$3000 Bonus
7.2
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$3,000 BONUS
Play Now Irish Luck Casino
Rating: 4/5
List item
  • A large variety of casino games
List item
  • 24/7 live chat support
List item
  • Instant play games
25
 
Jackpot capital Casino
$10000 Bonus
7.4
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$10,000 BONUS
Play Now Jackpot Capital
Rating: 4/5
List item
  • Player-friendly bonus.
List item
  • Industry recommended casino with a long history of the first-class service.
List item
  • 6 figures in player cash-outs paid every week.
26
 
Slotastic Casino
$2500 Bonus
7.2
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$2500 BONUS
Play Now Slotastic Online
Rating: 4/5
List item
  • Free casino games available
List item
  • Top banking options available
List item
  • Live dealer games available
27
 
Sports and Casino
$3000 Bonus
7.0
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$3,000 BONUS
Play Now Sports and Casino
Rating: 4/5
List item
  • Best VIP program with great benefits.
List item
  • Available in instant play and download.
List item
  • 24/7 support by US phone, live chat, or email.
28
 
Betonline Casino
$2500 Bonus
7.2
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$2,500 BONUS
Play Now Betonline Casino
Rating: 4/5
List item
  • A wide range of games on offer
List item
  • Established Casino providing top service and security
List item
  • Download and on-site games
29
 
Limitless Casino
$1000 Bonus
7.5
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$1000 BONUS
Play Now Limitless Casino
Rating: 4/5
List item
  • Offers a wide variety of slot games.
List item
  • High-quality games with big jackpots.
List item
  • Accepts US players
30
 
brango Casino
$2000 Bonus
7.4
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$2,000 BONUS
Play Now Casino Brango
Rating: 4/5
List item
  • Live chat 24/7
List item
  • Mobile friendly
List item
  • Multi crypto currency
31
 
Slots of vegas Casino
$5000 Bonus
7.6
Fully filled star Fully filled star Fully filled star Fully filled star Unfilled star
$5,500 BONUS
Play Now Slots of Vegas
Rating: 5/5
List item
  • 24/7 customer support available
List item
  • SSL encryption
List item
  • Proven fair by TST
32
 
Prism Casino
350% Bonus
7.2
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
350% BONUS
Play Now Prism Casino
Rating: 4/5
List item
  • Proven fair by TST
List item
  • Mobile gaming abled
List item
  • Downloadable Android app also available
33
 
Drake Casino
$6000 Bonus
7.1
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$6,000 BONUS
Play Now Drake Casino
Rating: 4/5
List item
  • US Players accepted
List item
  • Slot tournaments
List item
  • Progressive jackpots
34
 
Ducky Luck Casino
$2500 Bonus
7.5
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$2500 +150 FS
Play Now Ducky Luck Casino
Rating: 4/5
List item
  • Offers a wide variety of slot games.
List item
  • High-quality games with big jackpots.
List item
  • Accepts US players
35
 
Grande Vegas Casino
$2500 Bonus
7.5
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$2500 BONUS
Play Now Grande Vegas
Rating: 4/5
List item
  • Offers a wide variety of slot games.
List item
  • High-quality games with big jackpots.
List item
  • Accepts US players
36
 
ThunderPick Casino
$600 Bonus
7.2
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$600 BONUS
Play Now ThunderPick Casino
Rating: 4/5
List item
  • Loyalty Program for most consistent players
List item
  • The unique and high-quality design of the website
List item
  • Good 24/7 customer service
37
 
Shazam Casino
$9000 Bonus
7.2
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$9000 + 60 FS
Play Now Shazam Casino
Rating: 4/5
List item
  • Loyalty Program for most consistent players
List item
  • The unique and high-quality design of the website
List item
  • Good 24/7 customer service
38
 
Lucky Tiger Casino
$9000 Bonus
7.5
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$9000 BONUS
Play Now Grande Vegas
Rating: 4/5
List item
  • Offers a wide variety of slot games.
List item
  • High-quality games with big jackpots.
List item
  • Accepts US players
39
 
Ruby Slots
250% Bonus
7.2
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
250% BONUS
Play Now Ruby Slots Casino
Rating: 4/5
List item
  • Accepts bitcoin
List item
  • Great customer service
List item
  • Free casino games available
40
 
El Royale Casino
$1000 Bonus
7.2
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$1,000 BONUS
Play Now ElRoyale Casino
Rating: 4/5
List item
  • A wide range of games on offer
List item
  • Established Casino providing top service and security
List item
  • Download and on-site games
41
 
Red Cherry Casino
$1220 Bonus
7.1
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$1220 BONUS
Play Now Red Chery Casino
Rating: 4/5
List item
  • Live dealer casino games are available
List item
  • Live chat support is also available 24/7
List item
  • Modern website design
42
 
Ludy Luck Casino
$1000 Bonus
7.1
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$1000 BONUS
Play Now Lady Luck Casino
Rating: 4/5
List item
  • Live dealer casino games are available
List item
  • Live chat support is also available 24/7
List item
  • Modern website design
43
 
Tripple seven Casino
$1077 Bonus
7.1
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$1077 BONUS
Play Now Tripple Seven
Rating: 4/5
List item
  • Live dealer casino games are available
List item
  • Live chat support is also available 24/7
List item
  • Modern website design
44
 
Kudos Casino
$800 Bonus
7.1
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$800 BONUS
Play Now kudos Casino
Rating: 4/5
List item
  • Live dealer casino games are available
List item
  • Live chat support is also available 24/7
List item
  • Modern website design
45
 
PrimaPlay Casino
$1500 Bonus
7.1
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$1500 BONUS
Play Now PrimaPlay Casino
Rating: 4/5
List item
  • Live dealer casino games are available
List item
  • Live chat support is also available 24/7
List item
  • Modern website design
46
 
iNetBet Casino
$1000 Bonus
7.1
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$1000 BONUS
Play Now iNetBet Casino
Rating: 4/5
List item
  • Live dealer casino games are available
List item
  • Live chat support is also available 24/7
List item
  • Modern website design
47
 
Slots Empire Casino
$2220 Bonus
7.1
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$2,220 BONUS
Play Now Slots Empire Casino
Rating: 4/5
List item
  • Live dealer casino games are available
List item
  • Live chat support is also available 24/7
List item
  • Modern website design
48
 
Supernova Casino
$3000 Bonus
7.2
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$3,000 BONUS
Play Now Supernova Casino
Rating: 4/5
List item
  • Bitcoin accepted
List item
  • Live dealer games are available
List item
  • Good 24/7 customer service
49
 
Dom Game Casino
$3000 Bonus
7.2
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$3,000 BONUS
Play Now Domgame Casino
Rating: 4/5
List item
  • Guaranteed fair gaming
List item
  • Employs top-notch technology to protect private data
List item
  • 24/7 customer support via e-mail, live chat, and toll-free number
50
 
Planet 7 Casino
$4000 Bonus
7.8
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$4,000 BONUS
Play Now Planet7 Casino
Rating: 4/5
List item
  • Range of deposit methods.
List item
  • Excellent slot gaming games.
List item
  • Regular casino promotions.
51
 
Punt Casino
$1000 Bonus
7.8
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$1,000 BONUS
Play Now Punt Casino
Rating: 4/5
List item
  • Range of deposit methods.
List item
  • Excellent slot gaming games.
List item
  • Regular casino promotions.
52
 
Crypo Loko Casino
$1000 Bonus
7.8
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$1,000 BONUS
Play Now Crypto Loko Casino
Rating: 4/5
List item
  • Range of deposit methods.
List item
  • Excellent slot gaming games.
List item
  • Regular casino promotions.
53
 
Lucky Treasure  Casino
$1000 Bonus
7.8
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$1,000 BONUS
Play Now Lucky Treasure
Rating: 4/5
List item
  • Range of deposit methods.
List item
  • Excellent slot gaming games.
List item
  • Regular casino promotions.
54
 
Kings Chance
$1000 Bonus
7.8
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$1,000 BONUS
Play Now Kings Chance
Rating: 4/5
List item
  • Range of deposit methods.
List item
  • Excellent slot gaming games.
List item
  • Regular casino promotions.
55
 
Twoup Casino
$3000 Bonus
7.8
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$3,000 BONUS
Play Now Two Up Casino
Rating: 4/5
List item
  • Bitcoin is accepted
List item
  • Live dealer games are available
56
 
vegascrest Casino
$1500 Bonus
7.2
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
List item
  • Win free chips while playing slots tournaments
List item
  • Take daily quests and special adventures
List item
  • Upgrade to six levels of VIP rewards
57
 
Cyber Bingo Casino
$1500 Bonus
7.5
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$1500 BONUS
Play Now Cyberbingo Casino
Rating: 4/5
List item
  • Large Sign-Up Bonus and Reload Bonuses.
List item
  • Excellent for recreational and professional players.
List item
  • Early odds for most events.
58
 
Royal Ace Casino
$12250 Bonus
7.2
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$12,250 BONUS
Play Now Royal Ace Casino
Rating: 4/5
List item
  • Over 150 Slot casino Games
List item
  • Great bonuses
59
 
Wild Vegas Casino
350% Bonus
7.0
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
350% BONUS
Play Now Wild Vegas Casino
Rating: 4/5
List item
  • 35. 24/7 support available through live chat, phone, and email
List item
  • Proven fair by TST
List item
  • Mobile casino also included
60
 
Sports and Casino
$3000 Bonus
7.0
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$3,000 BONUS
Play Now Sports and Casino
Rating: 4/5
List item
  • Best VIP program with great benefits.
List item
  • Available in instant play and download.
List item
  • 24/7 support by US phone, live chat, or email.
61
 
Cool Cat Casino
$3000 Bonus
7.0
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$3,000 BONUS
Play Now Coolcat Casino
Rating: 4/5
List item
  • Instant play and downloadable casino software.
List item
  • A diverse selection of WGS slots
List item
  • numerous progressive jackpots with huge jackpots.
62
 
Palace of Casino
200% Bonus
7.2
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
200% BONUS
Play Now Palace of Chance
Rating: 4/5
List item
  • Great casino games
List item
  • Best casino bonuses
63
 
Exclusive Casino
$3000 Bonus
7.2
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$3,000 BONUS
Play Now Exclusive Casino
Rating: 4/5
List item
  • 24/7 support by US phone, live chat, or email.
List item
  • SSL encryption Secured.
List item
  • Proven fair by TST.
64
 
Eclipse Casino
$2000 Bonus
7.1
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$2,000 BONUS
Play Now Eclipse Casino
Rating: 4/5
List item
  • Well Rounded web Casino
List item
  • US Players are Accepted
List item
  • No Scams or any Complaints
65
 
Slots Lv Casino
$7500 Bonus
7.1
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$7,500 BONUS
Play Now Slots-lv Casino
Rating: 4/5
List item
  • Reliable payouts.
List item
  • Secure site with SSL encryption.
66
 
Ignition Casino
$100 Bonus
7.1
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$100 BONUS
Play Now Ignition Casino
Rating: 4/5
List item
  • Huge welcome bonus offers.
List item
  • Special 200% bonus offer for Bitcoin users
List item
  • Fair staking requirements.
67
 
Silver Oak Casino
$2500 Bonus
7.1
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$2,500 BONUS
Play Now Silver oak Casino
Rating: 4/5
List item
  • Variety of RTG gambling Games.
List item
  • The great theme of the site.
List item
  • SSL encryption technology.
68
 
Slots Plus Casino
7.1
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$2000 Bonus
$2,000 BONUS
Play Now Slots Plus Casino
Rating: 4/5
List item
  • Collective RTG progressive jackpots.
List item
  • 24/7 customer support via email, phone, and live chat.
List item
  • Strong reputation for good service and fairness.
69
 
Dream Casino
7.1
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$2000 Bonus
$2,000 BONUS
Play Now Dreams Casino
Rating: 4/5
List item
  • Customer support is available 24/7
List item
  • Fast Withdrawals
List item
  • Mobile Compatible
70
 
Grand Fortune
250% Bonus
7.2
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
250% BONUS
Play Now Grand Fortune
Rating: 4/5
List item
  • 49. 24/7 live chat, telephone, and email support.
List item
  • All USA players accepted.
71
 
Captain Jack Casino
7.2
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
250% Bonus
250% BONUS
Play Now Captain Jack Casino
Rating: 4/5
List item
  • Player-friendly bonus.
List item
  • Industry recommended casino with a long history of the first-class service.
List item
  • 6 figures in player cash-outs paid every week.
72
 
High Noon Casino
7.2
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$2,000 BONUS
Play Now High Noon Casino
Rating: 4/5
List item
  • Variety of RTG gambling Games.
List item
  • The great theme of the site.
List item
  • SSL encryption technology.
73
 
Aussie Play Casino
$2250 Bonus
7.1
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$2,250 BONUS
Play Now Aussie Play Casino
Rating: 4/5
List item
  • US Players accepted
List item
  • Slot tournaments
List item
  • Progressive jackpots
74
 
Buzz Luck Casino
$1000 Bonus
7.1
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$1,000 BONUS
Play Now Buzz Luck
Rating: 4/5
List item
  • 54. Lots of high-quality RTG video slots
List item
  • Live casino table and card games
List item
  • Unlimited reload bonuses
75
 
Crypto Reels Casino
$4500 Bonus
7.1
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$4,500 BONUS
Play Now Crypto Reels
Rating: 4/5
List item
  • The great theme of the site.
List item
  • SSL encryption technology.
76
 
Club World Casino
7.1
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$3,000 BONUS
Play Now Club World Casino
Rating: 4/5
List item
  • 56. Customer support is available 24/7
List item
  • Fun and entertaining games offered
List item
  • Instant withdrawals
77
 
Aladdins Gold Casino
7.1
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
300% BONUS
Play Now Aladdins Gold
Rating: 4/5
List item
  • 57. Plenty of Games to Choose From
List item
  • Customer support is available 24/7
78
 
All Star Casino
$4000 Bonus
7.1
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$4,000 BONUS
Play Now All star slots casino
Rating: 4/5
List item
  • 58 Diversity of RTG Games
List item
  • 24/7 support via live chat, email, and toll-free phone
List item
  • Secure encryption: Regularly audited by TST
79
 
Manhattan Slots Casino
7.1
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$5,000 BONUS
Play Now Manhattan Slots
Rating: 4/5
List item
  • Various Real-Time Game Games
List item
  • 24/7 Customer Support Available
List item
  • SSL encryption code used
80
 
Slots of Madness Casino
300% Bonus
7.1
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
300% BONUS
Play Now Slot Madness
Rating: 4/5
List item
  • Bitcoin is accepted.
List item
  • Average withdrawal limit.
List item
  • 24/7 Live chat support.
81
 
Cherry Jackpot Casino
$3250 Bonus
7.1
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
325% up to $3,250
Play Now Cherry Jackpot
Rating: 4/5
List item
  • 24/7 Customer Support Available
List item
  • SSL encryption code used
82
 
Casinomax Casino
$3250 Bonus
7.1
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
325% up to $3,250
Play Now Casino max
Rating: 4/5
List item
  • Bitcoin accepted
List item
  • Average withdrawal limit
List item
  • Live chat support is available 24/7
83
 
Roaring21 Casino
$8000 Bonus
7.1
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
400% up to $8000
Play Now Roaring21 Casino
Rating: 4/5
List item
  • Great Payout Speed
List item
  • Game Variety
List item
  • Generous Casino Bonuses
84
 
Spinifinity Casino
$9000 Bonus
7.6
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
300% up to $9,000
Play Now Spinfinity Casino
Rating: 4/5
List item
  • 65. Play instantly without downloading any files
List item
  • Excellent customer support
List item
  • Bonuses and promotions added weekly
85
 
Lucky Red Casino
$4000 Bonus
7.6
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$4,000 BONUS
Play Now Lucky Red Casino
Rating: 4/5
List item
  • Instant VIP Benefits
List item
  • More than 150 Games Available
List item
  • Live Help And 24/7 Support
86
 
Cyber spins Casino
$10000 Bonus
7.5
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$10,000 BONUS
Play Now Cyber Spins Casino
Rating: 4/5
List item
  • Features both bingo and casino games
List item
  • Instant-play interface
List item
  • Available on most smartphones and tablets
87
 
Sports Betting Casino
$2500 Bonus
7.5
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$2,500 BONUS
Play Now Sports Betting
Rating: 4/5
List item
  • 72. Mobile friendly
List item
  • Live casino
List item
  • Live chat
88
 
Mybookie Casino
7.5
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$2,000 BONUS
Play Now Mybookie Casino
Rating: 4/5
List item
  • Mobile-friendly design
List item
  • Easy to navigate through the site
List item
  • SSL Security Certificate visible
89
 
xbet vegas Casino
$3000 Bonus
7.5
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$3,000 BONUS
Play Now Xbet Sportsbook
Rating: 4/5
List item
  • The casino is Bitcoin-friendly
List item
  • The casino accepts players from many countries
List item
  • Live dealer games are available
90
 
Yabby Casino
$5000 Bonus
7.4
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$5,000 BONUS
Play Now Yabby Casino
Rating: 4/5
List item
  • Instant withdrawals for e-wallets
List item
  • Crypto-friendly establishment
List item
  • Daily specials
91
 
Extreme Casino
$3000 Bonus
7.4
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$3,000 BONUS
Play Now Extreme Casino
Rating: 4/5
List item
  • Proven fair by TST North America Inc
List item
  • Fast Withdrawals
List item
  • Certified Casino
92
 
Raging Bull Casino
$2500 Bonus
7.2
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$2,500 BONUS
Play Now Raging Bull Casino
Rating: 4/5
List item
  • Neteller and Bitcoin withdrawals are quicker
List item
  • Bitcoin is accepted
List item
  • Exclusive promotions
93
 
Bovada Casino
$3000 Bonus
7.5
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$3,000 BONUS
Play Now Bovada Casino
Rating: 4/5
List item
  • Offers a wide variety of slot games.
List item
  • High-quality games with big jackpots.
List item
  • Accepts US players
94
 
Old Havana Casino
$3000 Bonus
7.2
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
$3,000 BONUS
Play Now Old Havana Casino
Rating: 4/5
List item
  • Proven fair by TST
List item
  • Mobile gaming abled
List item
  • Downloadable Android app also available
95
 
Club Player Casino
350% Bonus
7.0
Fully filled star Fully filled star Fully filled star Half-filled star Unfilled star
350% BONUS
Play Now Club Player
Rating: 4/5
List item
  • Quick cashouts with Bitcoin
List item
  • 24/7 live chat and email support
List item
  • Play on the tablet, mobile, and desktop

Parlay Betting Rules

As mentioned above, the Parlay system uses the same basic principles that any positive progression system uses. In saying this, we mean that you increase your bet size when you win and decrease it when you lose.

This may seem a little ambiguous, so here is a quick walkthrough of how you would employ this system during a gaming session:

  1. Before you start gambling, you decide on some betting limits, including a bet size (or a unit size) and a maximum win limit. For example, your bet size could be $5 and your maximum win limit could be $100.
  2. While gambling, if you win a bet, you double your bet. After your first win, you will already be playing with house money. So, continuing with the example, after your first bet, your bet size will be $10. If you win again, your next bet will be $20. You will continue doubling your bet until you either reach your win limit or you lose.
  3. Should you lose during a winning streak, you will need to return to your starting bet. So, for example, if you lose on a $40 bet, your next bet will need to be $5.

The idea of the win limit is to keep banking your profits so that you at least walk away with something at the end of a game session. In a real-life gaming situation, we suggest that you do not make your win limit to far away from your initial bet. You reduce your chances of walking away with winnings by doing so.

parlay betting

Advantages of the Parlay System

There are a couple of advantages that come with using the Parlay system, including:

  • If you are on a winning streak, you can win a lot of money very quickly.
  • You do not risk your own funds as you play on house money after a few wins.
  • The max win limit allows you to bank your winnings periodically.
  • If you employ the strategy strictly, it can prevent you from spending more money than you would like.

Disadvantages of the Parlay Betting System

Everything that has advantages has disadvantages too. Or, else every player would be using the Parlay betting system. Some disadvantages include:

  • This strategy is not good for long-term playing sessions. It is always important to remember that the house always wins.
  • If you set your win limit too high, there is a chance that you could walk away with no winnings at all.
  • The system works best if you stick to even money bets, which may put off some high-risk players.

Should I Use the Parlay System?

Generally, positive progression betting systems are not detrimental to your bankroll. They encourage less spending and playing on your winnings rather than your own money. So, using the Parlay system isn’t a bad idea.

The system can also be used in pretty much any table game, including blackjack, roulette, baccarat, and craps. But you need to remember that the Parlay system does not increase your odds of winning bets.

However, that being said, we recommend that you be reasonable with your bet limit so that you do not miss out on banking some winnings. Also, remember that this system does not decrease the house edge (no betting system does).

Related Guides