Caesars Sportsbook Flex Parlay: What It Is & How It Works
Caesars Sportsbook Flex Parlay
We've all been there before: You assemble a smart parlay bet with three or four legs, and all of them hit — except for one. You keep watching in hopes that that last leg makes you a winner, only to lose your entire stake.
Finally, Caesars Sportsbook is here to make you a winner with their new Flex Parlay promotion!
Caesars' Flex Parlay works in a similar fashion to parlay protection and parlay insurance promotions at other online sportsbooks — bettors don't automatically lose their bet if one leg of their parlay loses. Instead, bettors can win their parlay at a different payout, even if one or two picks lose. Bettors who place a parlay wager can toggle Flex Parlay on before placing their bet to make them eligible to win even if one or two legs don't hit, and they can still win the top payout if every leg does in fact hit.
Any markets that can be combined for a parlay, Same Game Parlay or Super Parlay may be eligible to be a Flex Parlay. If your bet is eligible to become a Flex Parlay, you will see the option appear in the bet slip. If you win the eligible number of legs, your bet will settle once every leg in the bet settles. If you don't meet the number of required legs to win, the bet will settle as a loss.
21+ only. New customers only. Must use Promo Code SBODYW.
AZ/CO/IL/IN/IA/KS/KY/LA/ME/MA/MD/MI/ MO/NJ/NY/NC/OH/PA/TN/VA/WV/WY/DC only.
Deposit required (min $1). Must place first real money Qualifying Wager (min $1) within 30 days. Receive ten 100% Profit Boosts to use on any market. Maximum wager for each profit boost is $25. Maximum additional winnings for each rewarded profit boost is $2,500. Profit Boosts expire 14 days after receipt.
See full T&C at Caesars.
Here's how to create a Flex Parlay on Caesars Sportsbook:
- Log in to the Caesars Sportsbook app
- Add a parlay to your bet slip
- The option to make it a Flex Parlay will appear under your bet
- Look for the Flex Parlay logo, which will tell you what your bet will pay out if all legs win, and if one leg or two legs lose
- Changing or adding your stake will adjust potential payouts accordingly
- Toggle on Flex Parlay to make your bet a Flex Parlay
- Odds and max win will adjust once toggled on
- You must select that your bet will be a Flex Parlay, it is not automatically applied to any eligible wager.
- Place your bet!
What happens if one of my selections is voided?
If one of the legs you added to your parlay is voided, pushed, or canceled, it will be removed from your parlay and the odds on the remaining legs will be recalculated. Your payout will then adjust to the updated odds, but you won't lose the entire parlay.
A Flex Parlay will be fully voided if 50% or more of the original selections are removed, or if fewer than three selections remain. If a Flex Parlay fully voids, the wager is cancelled and the stake is refunded.
Flex Parlays are available in the following US states and territories:
- Arizona
- Colorado
- Iowa
- Illinois
- Indiana
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Missouri
- North Carolina
- New Jersey
- Nevada
- New York
- Ohio
- Pennsylvania
- Tennessee
- Virginia
- Wyoming
- Washington D.C.
Mark is a lifelong sports fan who inherited rooting interests in the St. Louis Cardinals and Pittsburgh Steelers. After a decade in sports media covering sports betting as a writer, editor and producer, Mark brought his long track record of sports experience to the Sportsbooks Online team in early 2025.
