Draftkings Sportsbook Parlay Rules

Generate optimal DraftKings NFL sportsbook parlay bets. Pick Your Sportsbook. FanDuel BetMGM PointsBet. All NFL NBA NHL College. At Least One Favorite. Require at least 1 bet with 50% win probability. Optimal $ 100 3-Bet Parlay. For a Parlay bet to win, all outcomes within the Parlay must be selected correctly. The odds for each pick are multiplied by one another to determine the odds for the Parlay. For example, New England at -150 odds, parlayed with New York at +200 odds, would result in +400 odds. The regulations also lay out strict rules for how sports betting platforms can advertise, prohibiting them from targeting minors and requiring them to submit “ all advertising, marketing and promotional materials” to the Lottery for prior approval and prohibiting ads that violate “good taste.”.

Bettor used proxy to place wagers

A man in Florida who placed $3m parlays through messenger betting is contemplating legal action against DraftKings after the operator froze his New Jersey mobile sports betting account in late October.

A Sports Handle exclusive report details how the sportsbook operator froze the bettor’s account on October 23, just weeks after he had placed $3m worth of parlays. A proxy based in New Jersey had made two bets containing the same three selections on October 6 on behalf of the unnamed Florida man. DraftKings’ terms of use state that a customer cannot allow another person to use their account to place a bet.

terms of use state that a customer cannot allow another person to use their account to place a bet

Screenshots of a wager for $2.93m and another amounting to $72,490.57 appeared in the report. The parlays had a total potential profit of $5.6m.

The bettor said he felt “horribly wronged” by the sportsbook when it froze his account. The New Jersey Division of Gaming Enforcement (DGE) did not comment on the matter, but a DraftKings spokesperson on Wednesday told Sports Handle: “While this matter is under investigation by the appropriate regulatory authorities, DraftKings has no comment on that investigation.”

Messenger betting is when an out-of-state bettor uses a proxy to place a bet on their behalf in another state, usually where legal sports betting is available.

The three-team parlays

The three selections in the parlay bets were futures wagers on Georgia to capture the SEC East, Alabama to be victorious in the SEC West, and the Green Bay Packers to claim the NFC North. Details of the bets did the rounds on social media, being deemed the biggest parlay that DraftKings director of sportsbook operations Johnny Avello had taken during his 30-plus years in the business. rel=”nofollow noreferrer noopener”

Sports Handle also reports that, since the beginning of the current football season, the Florida bettor has made other notable wagers. They include a $2m money line parlay on two NFL teams that generated over $2.1m in profit, and a $1.48m money line bet on the New Orleans Saints with no opponent specified.

An interesting relationship

The man in question claims to have a relationship with Avello, dating back to when the latter was Wynn Las Vegas executive director of race and sports. He said that over the years, he lost more than $1m through the Wynn Las Vegas sportsbook in Nevada, a state which allows certain forms of messenger betting. He reportedly had written permission to place bets at this sportsbook through a proxy based in the region.

claims that Avello gave him verbal permission to place bets using a proxy at DraftKings

The Florida bettor moved over to DraftKings once Avello joined the operator in October 2018. He claims that Avello gave him verbal permission to place bets using a proxy at DraftKings like he did with the Wynn Las Vegas sportsbook, something which Avello denies.

The legalities of messenger betting

Sportsbook

Casino industry consultant Andrew Klebanow says no sportsbook worker can give authorization for messenger betting that supersedes federal or state regulations. An attempt to do so could jeopardize the license of the sportsbook concerned.

Currently, regulations in Nevada allow bettors from out-of-state to use a proxy to place bets provided the proxy does not get financial compensation for doing so. However, messenger betting rules are stricter in New Jersey. Rule 13:69N-1.10 of the state DGE’s Permanent Sports Betting Rules indicates: “No licensee shall knowingly accept a wager from a person on behalf of any other person. No licensee shall knowingly allow a person to make a wager utilizing the account of another person.”

Messenger betting also appears to violate the federal Wire Act, since the activity transmits betting information across state lines with the aim of placing a real money wager.

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Wager on two or more events at the same. Dang. Time. All of your picks have to hit, but if you win, you win bigger.

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Pick multiple outcomes and go up against other bettors. Prophesy the most picks to win the contest.

Props

Bet on just about everything but the kitchen sink. From minute-by-minute results to player props, and more.

Futures

Bet on season-long results like the championship winner, total wins for a team, and more. Get out your crystal ball, Nostradamus.

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