11/25/2023 0 Comments Progressive parlay online bet“As you can see, we’re excited about our Progressive Parlay offering and its potential to generate higher parlay mix and leg count, and thus higher hold percentage, as well as being a great win with customers who will be able to win money on their parlays even if they don’t hit every leg of their bet,” he said.ĭraftKings did not say when it would begin offering Progressive Parlays, only saying it would start soon. He added that it will be “great for the economy” as the game distributes winnings “a little bit better” to bettors. Robins touted it as a “win-win” opportunity for bettors and the Boston-based sports betting operator. While traditional parlays require the bettor to be correct on each leg to win the bet, a Progressive Parlay will allow the bettor to miss on some picks and still have a chance to win something. In an accompanying video, the company said its parlay product allows a bettor to create a parlay with at least three legs and no more than 12. DraftKings has unveiled its newest sports betting product to the public, and it may look somewhat familiar to people who have played single-player fantasy pick ’em games.ĬEO Jason Robins made the announcement for Progressive Parlays during DraftKings investor day online presentation Tuesday morning - the company operates DraftKings Sportsbook Arizona in the state.
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