Parlay betting is a method of sports gambling that brings two or more selections together. Potentially delivering significant returns, a parlay bet, also known as an accumulator or multiple, can be placed on all sports. Our parlay betting guide will explain everything that there is to know. Punters must be aware of the high-risk involved, with all selections having to be accurate in order for your bet to win. We will also discuss the top bookmakers for online parlay betting in Indonesia. So, if you are looking to back multiple picks in one bet, be sure to keep reading.
- 1 Best Parlay Betting Sites in Indonesia 2022
- 2 List of the Top Betting Sites with Parlay Betting
- 3 Best Parlay Betting Sites in Indonesia Reviewed 2022
- 3.1 1. BK8 – Editors’ Pick for the Best Parlay Betting Site in Indonesia
- 3.2 2. CMD368 – One of The Best Parlay Betting Sites in Indonesia
- 3.3 3. AW8 – Parlay Bets on Many Different Sports
- 3.4 4. Dafabet – One of the Most Experienced Asian Bookmakers
- 3.5 5. BC.GAME – Crypto Betting Site that is Another Leading Platform for Those Looking to Place Parlays
- 4 What is Parlay Betting – Parlay Betting Explained
- 5 Different Types of Parlay Bets You Can Place
- 6 Parlay Odds and Calculations
- 7 Best Parlay Betting Sites Compared
- 8 How We Rank Parlay Betting Sites
- 9 Best Parlay Betting Tips in 2022
- 10 Sports Parlay Betting Markets
- 11 Best Parlay Betting Apps in Indonesia 2022
- 12 Top Parlay Betting Site Offers in 2022
- 13 How to Place a Parlay Sports Bet
- 14 Pros and Cons of Parlay Betting
- 15 Final Word on Online Parlay Betting in Indonesia
- 16 Parlay Betting Online in Indonesia FAQs
Best Parlay Betting Sites in Indonesia 2022
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List of the Top Betting Sites with Parlay Betting
- BK8 – Best parlay betting odds
- CMD368 – Best bookie for eSports parlay betting
- AW8 – Bonuses for new & existing players
- Dafabet – Experienced Asian bookie
- BC.GAME – New crypto parlay betting online site
- 22Bet – Excellent sports coverage
- K9Win – Among the top parlay betting sites for live markets
- Parimatch – Generous promotions for those placing parlay bets
- Melbet – Daily live streams to assist parlay bettors
- CobraBet – Best new bookie for parlay bets
Best Parlay Betting Sites in Indonesia Reviewed 2022
Given the popularity of parlay betting, it should come as no surprise that such wagers are accepted with the vast majority of online bookies. It can therefore be difficult for punters to decide which sites to place parlay bets on. This is where our parlay betting sites reviews come in. Below is a breakdown of our top 5 ranked parlay betting sites, including their main pros and cons:
1. BK8 – Editors’ Pick for the Best Parlay Betting Site in Indonesia
Founded in 2014, BK8 is now one of the best-known gambling sites across Asia. Available to players in Indonesia, BK8 features over 30 different sports, including soccer, basketball, eSports and cricket. Parlay bets are available on all sports, with pre-match and in-play options being found daily. BK8 also features some of the best parlay betting odds around, making for some potentially significant returns.
BK8 also offers one of the best parlay betting apps, available on iOS and Android devices. A generous welcome bonus awaits new players, with ongoing promotions helping to keep existing customers satisfied. Local payment methods are available to fund bets, while 24/7 live chat support is also offered.
- Large number of sports
- Excellent parlay betting odds
- iOS and Android parlay betting apps
- 24/7 customer service
- Licensed out of Curacao
2. CMD368 – One of The Best Parlay Betting Sites in Indonesia
CMD368 is a gambling platform that dates back to 2016. As one of the best parlay betting sites, players in Indonesia, such bets can be placed on a large number of sports. The bookie will appeal particularly to fans of eSports, with soccer, tennis and basketball also being covered in great detail. Parlay betting odds are competitive across the board, with a number of additional features also being available.
Live streams are found daily on desktop and mobile, with virtual sports also being on offer. The CMD368 app can be downloaded on iOS and Android. Live chat support is available day and night too, with the bookie being licensed by the First Cagayan Leisure & Resort Corporation. Meanwhile, a cash out feature will suit those placing parlay bets.
- Leading Asian bookie
- Attractive parlay betting odds
- Leading site for eSports
- Range of bonuses
- Small number of payment methods
3. AW8 – Parlay Bets on Many Different Sports
As the sister site of BK8, AW8 went live in 2020. Licensed by PAGCOR, parlay bets can be placed on many different sports. AW8 caters for fans of soccer in particular, with former Liverpool striker Fernando Torres being the bookie’s brand ambassador. Odds are competitive, with markets being accessible on desktop and mobile.
In fact, the BK8 app can be downloaded on iOS and Android devices. AW8 is also known for its quick payouts, with an average withdrawal time of just 10 minutes. Live chat support is available 24/7, while a variety of promotions are also found.
- Range of sports for parlay bets
- Fast payouts
- Easy to use mobile apps
- Competitive odds
- Small number of payment methods
4. Dafabet – One of the Most Experienced Asian Bookmakers
Founded in the Philippines in 2004, Dafabet is one of the most experienced Asian bookmakers around. Dafabet offers excellent coverage of leading sports, including soccer, basketball and tennis. Pre-match, live and outright parlay bets can be placed, with value being available to find regularly.
The betting site also features an in-depth statistics page, something that is not found on many parlay betting sites today. All markets and features are accessible on mobile, via your browser of the Dafabet app. As well as being secure and reliable, Dafabet also offers 24/7 support. Meanwhile, live streams from selected sports are available daily.
- Strict bonus wagering requirements
5. BC.GAME – Crypto Betting Site that is Another Leading Platform for Those Looking to Place Parlays
Launched in 2019, BC.GAME is a crypto betting site that is another leading platform for those looking to place parlays. Over 30 different sports are covered, including soccer, tennis, basketball and eSports. Bets can be funded using 20+ cryptocurrencies, including Bitcoin, Tether and Ethereum. Boosted odds promos are found daily, helping to boost the parlay betting odds.
BC.GAME is also an excellent option for those looking for social betting. Live chat support is available at all hours, with the modern sportsbook design also helping to attract players in Indonesia. A regularly updated blog is also found, which includes tips on forming a parlay betting strategy.
- 20+ cryptocurrencies accepted
- Excellent sports coverage
- Easy to use sportsbook
- Generous welcome bonus
- Small number of ongoing sportsbook promotions
What is Parlay Betting – Parlay Betting Explained
A parlay, also known as an accumulator, is placed when multiple selections are added together. The odds and potential payout grows with each pick added. Therefore, parlay betting is best suited to those looking for higher earnings. However, the more selections, the higher the risk is.
This is because each selection must win in order for your parlay to be successful. Two or more selections are required in order to form a parlay. The price of each is multiplied together in order to create the total odds. If just one selection loses, the parlay will be settled as a loss.
Different Types of Parlay Bets You Can Place
A parlay is defined as any bet that involves two or more selections. However, there are actually a large number of different parlay bets available to punters today. With each selection added, the number of possible bets will increase. Below are the most common parlays placed in Indonesia:
As the simplest form of parlay, a double involves just two selections. Returns are better than you would expect to receive from two single bets. However, both picks must still be accurate in order for your bet to be settled as a winner.
Here, two bets of equal value are placed. One is placed on your selection to win, with the other being on it to place. Most commonly associated with horse racing and greyhounds, each-way parlays are increasingly common.
Similar to a double, a treble involves three different selections. The total return from a winning bet is placed on the subsequent event, potentially allowing for some significant potential earnings.
Similar to a treble, a trixie involves betting on three different selections. However, instead of them being combined in one bet, a trixie covers all potential two and three-leg combinations. As a result, three double bets and one treble bet is placed, taking the total to four separate wagers.
With a Yankee, four unique selections are bet on. Again, all possible combinations are covered. One four-leg parlay is placed, along with six doubles and four trebles, taking the total number of wagers to 11.
A Lucky 15 bet is often compared to a Yankee. Again, four selections are required, with all possible betting combinations being covered. However, four single bets are added, taking the total number to 15. These are made up of one four-leg parlay, four trebles, six doubles and four singles.
A Heinz bet involves 57 bets in one. Six separate selections are needed, with 15 doubles, 20 trebles, 15 four-leg parlays, six five-leg parlays and one six-leg parlay making up the total number of wagers.
Parlay Odds and Calculations
Upon players adding selections to their bet slip, bookies will automatically assess the parlay betting odds using a parley betting calculator , and work out the potential returns. However, if you wish to calculate the odds for yourself, there are some things to consider first. Players must remember to multiply the odds by the stake. For example, if you place a $150 parlay at odds of 6.688, the potential returns will be $1,003.20. If you had placed three separate $50 bets on the same selections, the returns would sit at just $285.
Best Parlay Betting Sites Compared
All parlay betting sites are different. However, it is not always clear as to which bookie will best suit your needs. The table below shows how our top ranked betting sites perform when it comes to parlays. Here, players can learn more about their number of sports, welcome bonus and additional features:
|Betting Site||No. of Sports||Welcome Bonus||Cash Out||Live Streaming|
|BK8||30+||Welcome Bonus Up To Rp 18.000.000|
|CMD368||35+||150% Casino Welcome Bonus Up To IDR 1,000,000|
|AW8||30+||100% Welcome Bonus On Slots Up To Rp. 1,000,000|
|Dafabet||30+||50% Deposit Bonus Up To 10,000,000 IDR|
|BC.GAME||25+||180% Deposit Bonus|
|22Bet||35+||100% Deposit Bonus Up To 2,000,000 IDR|
|K9Win||30+||10% Bonus Up To IDR 2,000,000|
|Parimatch||40+||100% Deposit Bonus Up To 1,500,000 IDR|
|MelBet||30+||Casino Bonus Package Up To $1,700 + 290 FS|
|Cobra Bet||30+||Deposit €10, Get €100 In Free Bet|
How We Rank Parlay Betting Sites
All betting sites make it possible to place parlay bets. As such, we take a number of factors into consideration when ranking available bookies. The following are a handful of the points that separate the best bookies from the rest:
- Parlay Betting Odds – Players place parlay bets in order to boost the odds and potential returns. However, it is important to place such bets on sites that offer prices that match the risk involved. This is true of all of our recommended bookies. However, it is BK8 that stands out, given the fact that market-leading prices are often found.
- Sports Coverage – Betting sites should feature pre-match, in-play and future markets on a large number of sports. While soccer, basketball, horse racing and eSports attract major interest from players, more niche sports are also covered today. So, you can place parlays on everything from boxing and tennis to golf and American Football. With over 40 different sports, Parimatch is our no.1 pick in this area.
- Mobile Betting – The demand for mobile betting has never been greater. Players should be able to place parlays on smartphones and tablets, with minimal effort. Whether it be via your mobile browser or a dedicated app, markets, promotions and features should be accessible. With an efficient betting app on iOS and Android, AW8 is well worth checking out.
- Additional Features – There are some betting features that benefit parlay bets in particular. Cash out is a feature that can be used to settle bets early, whether it be to cut your losses or lock in a profit. Meanwhile, live streaming is both entertaining and helpful too. Available on selected sites, live streams can be accessed on all platforms. With a variety of additional features, MelBet will appeal to many in Indonesia.
- Bonus Offers – Both new and existing customers can take advantage of promotions when placing parlay bets. Each of our recommended sites features a welcome bonus. Meanwhile, free bets, reload bonuses and cashback offers are also found with selected bookies. Featuring realistic bonus T&Cs, Dafabet is a good option for those looking for regular rewards.
Best Parlay Betting Tips in 2022
Unfortunately, even the best parlay betting system or strategy will not guarantee that profits are made. However, the tips below will certainly help players in beating the bookies:
- Combine Two Favorites – When betting on sports, especially tennis, basketball and soccer, you will not receive significant returns when backing the favorite. However, combining two favorites in order to place a double will quickly boost the odds offered by bookies.
- Be Realistic – It is easy to add to many selections when placing a parlay. As a result, it is important to be realistic at all times. While placing a 10-fold parlay will come with large potential returns, sticking to around 4/5 picks will increase your chances of winning.
- Place System Bets – Whether it be a Yankee, Trixie or another system bet, such wagers actually feature multiple bets in one. It is therefore possible for players to cover their stake by landing just two legs.
- Utilize Promotions – Promotions specific to parlays are increasingly common. Acca insurance and enhanced winnings are arguably the most popular. When the T&Cs are fair, be sure to take advantage of such offers.
- Use Multiple Bookies – There is nothing wrong with signing up on multiple parlay betting sites. Doing so will mean that you can always utilize the best odds. Meanwhile, you will also be able to claim the welcome bonus with each bookie.
Sports Parlay Betting Markets
As we have already mentioned, parlay bets can be placed on all sports. However, some are more popular than others. Traditionally, soccer fans have been synonymous with this type of betting. However, parlays are also commonplace among followers of horse racing, basketball and tennis. Below, we take a closer look at some of the standout sports for online parlay betting.
Best Parlay Betting Apps in Indonesia 2022
It is no secret that betting apps make operating on mobile quicker and easier. While not all bookies have developed such platforms, those that have will likely have reaped the rewards. Apps are available on iOS and Android devices.
With enhanced usability and speed, apps also make placing parlays simple. The best betting apps feature that same number of markets, promotions and additional features as found on desktop sportsbooks. Apps are especially attractive if you regularly place time-sensitive parlays. This is because it is quick to login to your account, with many apps offering Touch/Face ID login.
Apps are free to download, with the only real drawback being that they require regular updates. For those looking to place parlay bets on mobile in Indonesia, it is the apps below that we recommend:
Top Parlay Betting Site Offers in 2022
It is not only a welcome bonus that can be claimed at the best parlay betting sites. A host of ongoing promotions are found online today, some of which are specific to those placing parlay bets. Parlay insurance and enhanced winnings are the most common. With the first, your stake will be returned in the event of just one selection letting your bet down.
Meanwhile, when you place a successful parlay, it could well be that winnings are boosted. The exact percentage of the boost will likely depend on the number of selections that make up your parlay. Free bets and other promos are also available at our recommended betting sites.
Just be sure to read the small print before signing up and depositing money. We will update this section of our parlay betting guide when the promotions discussed above are introduced.
How to Place a Parlay Sports Bet
Using our no.1 ranked bookie, BK8, as an example, the following is a step by step guide for players in Indonesia to follow when placing a parlay sports bet:
Step 1: Select a Betting Site
The first thing for players to do is to select the bookie that best suits your needs when it comes to parlays. Weigh up available markets, promotions and payment methods, among other factors. When ready, sign up by completing the registration form. This requires newcomers to enter their full name, date of birth and email address. Create a username and password at this stage where necessary too. Verify your new account by clicking on the link found inside your welcome email.
Step 2: Deposit Money
Login to your account on desktop or mobile. Access the “Banking” page and select your preferred payment method. Enter the deposit amount, as well as your payment details. Confirm the payment and wait a few seconds for funds to reach your account. Keep in mind any sportsbook welcome bonuses that may be available at this point too.
Step 3: Browse Markets
Browse markets, focusing upon sports that you follow closely. Consider the odds of potential selections, as well as their chances of winning. Add at least two picks to your bet slip.
Step 4: Confirm Bet
Select the relevant bet type, whether it be a double, treble or Trixie. Add your stake and view the potential returns. When satisfied, confirm your bet by selecting the “Place Bet” button.
Step 5: Withdraw Winnings
Track the progress of your selections. Where applicable, also keep an eye on the cash out amount being offered. If your parlay wins, you will have funds available to withdraw. Of course, such money can also be used to fund future bets.
Pros and Cons of Parlay Betting
Like any form of sports betting, parlays come with both benefits and limitations. If you are new to this form of betting, it is important to consider both sides. The following are the main pros and cons of Online Parlay betting in Indonesia:
- Exciting – Parlay betting is widely regarded as one of the most exciting and entertaining methods of gambling on sport. This is in part due to the risk involved, as well as the possibility of winning significant amounts of money.
- Potential Returns – With a parlay, you can potentially win big from a small stake. While the number of selections will determine the total price, many punters have already benefited greatly from this method of betting.
- Eligible Sports – Parlays can be placed on all sports. As such, whether you follow soccer, tennis, basketball, horse racing or others, there is no need to miss out on placing a parlay.
- Useful Promotions – Many online bookies now feature promotions specific to parlay betting. Free bet, insurance and enhanced winnings offers are available to take advantage of.
- Risk – The only real risk of placing a parlay is the fact that just a single losing pick will mean that your wager is unsuccessful. So, players must weigh up the risk vs reward element before confirming any bet.
Final Word on Online Parlay Betting in Indonesia
Parlay bets are placed by a significant number of players in Indonesia today. Regardless of which sport it is that you favor, parlays can be placed. Our top ranked parlay betting sites offer a host of features and promotions. While not being easy to win, the rewards for those successful are great. You can win large earnings from a small stake. So, be sure to check out our recommended bookies today, claiming your welcome bonus in the process.
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Parlay Betting Online in Indonesia FAQs
How does Parlay betting work?
With a parlay bet, all selections added must be accurate in order for returns to be paid out. If just one pick loses, your bet will be unsuccessful.
Is parlay betting worth it?
When placing parlay bets, punters must weigh up the risk and reward. While being risky to place, the potential winnings continue to attract players.
What are the best parlay betting sites in Indonesia 2022?
The best parlay betting sites cover a host of sports, while also offering competitive odds throughout. With generous promotions, a variety of payment methods and 24/7 support, it is such factors that we use to rank available bookies.
Does parlay betting offer better odds?
Many use parlay bets to increase the odds offered by bookies. The total price grows with each selection added. However, with each additional pick, your chance of winning decreases.
What is parlay betting?
A parlay bet involves wagering on multiple selections in the same bet. For example, you can bet on four Premier League teams to win their respective matches over a Premier League weekend.