What is the Parlay Betting Method? (Rules & Strategy)

Find out how to use the Parlay Betting Method in our full guide...
Parlay betting method used at casino
In the business world they say you have to speculate to accumulate and the same is often true in the blackjack world

However, because of the nature of the game, you generally have to risk a lot of money if you want a healthy return at the blackjack table.

Which Online Casinos offer Live Dealer Blackjack?

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32Red Casino
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Ladbrokes Casino

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Unibet Casino

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Mayfair Casino

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Grosvenor Casino

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Paddy Power Casino

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BetVictor Casino

BetVictor Casino: 18+ New customers only. Deposit, opt in and wager £10 on selected games within 7 days of opening new account. Get 3 x £10 bonuses for selected games with up to 40x wagering plus 100 Free Spins. Bonuses expire in 7 days. Max redeemable from bonuses £750. 100 Free Spins have no wagering and expire in 7 days. Card payments only. T&Cs Apply | begambleaware.org | Please Gamble Responsibly.

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Mr Play Casino

Mr Play Casino: T&Cs apply. New players only. 18+. Min deposit 10. 35x wagering applies.

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888Casino

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Betway Casino

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Betfair Casino

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Gala Casino

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Mr Green Casino

Mr Green Casino: New players only. 18+. 35x wagering applies to Bonus Cash and Bonus Spins. Deposit of £20+ unlocks a 100% Match Bonus up to £100 in Bonus Cash, subsequent wager of £20+ on slots unlocks 100 Bonus Spins and 20 Bonus Spins per day over 5 days on selected games. begambleaware.org

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Betfred Casino

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Mansion Casino

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Casino.com

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Lucky Casino

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Grand Ivy Casino

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Spin and Win Casino

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PocketWin Casino

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AHTI Games

AHTI Games: First Deposit Only. Min. deposit: £10. Game: Vikings Runecraft, Spin Value: £0.50, Max Spins: 50. WR 60x spin winnings amount (only Slots count) within 30 days. Max bet is 10% (min £0.10) of the spin winnings amount or £5 (lowest amount applies). Spins must be used before deposited funds. Bonus Policy applies.

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All British Casino

All British Casino: Welcome bonus for new players only. Maximum bonus is 100% up to £100. No max cash out - Wagering is 35x bonus. Maximum bet while playing with a bonus is £5. Cashback is cash with no restrictions. Bonus excluded for players that deposit with Skrill or Neteller

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Casino Cruise

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Bwin Casino

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Coral Casino

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Foxy Games

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Lucky Niki Casino

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Lucky VIP Casino

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mFortune Casino

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Mr Spin Casino

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NetBet Casino

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Spela Casino

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Sportingbet Casino

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Videoslots Casino

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Gala Spins Casino

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Wild Slots Casino

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Casino Joy

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Genesis Casino

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Sloty Casino

Sloty Casino: 18+ Full T&Cs Apply. New players Only. £10 min deposit. £5 max bet using bonus. 40 x wagering applies. Bonus valid for 14 days. 30 Spins on pre-selected games will be credited instantly + then 30 per day for 9 days. Free Spins valid for 72 hours from credit. Max Free Spins winnings £100. Skrill + Neteller excluded. Always refer to Bonus Terms - www.begambleaware.org

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Spinit Casino

Spinit Casino: 18+ Full T&Cs Apply. New players Only. £10 min deposit. £5 max bet using bonus. 40 x wagering applies. Bonus valid for 14 days. 20 Spins on Starburst will be credited per day for 9 days after qualifying deposit/wager is met. Free Spins valid for 72 hours from credit. Max Free Spins winnings £100. Skrill + Neteller excluded. Further terms apply.

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STS Casino

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Casino Gods

Casino Gods: 18+ Full T&Cs Apply. New players Only. £10 min deposit. £5 max bet using bonus. 40 x wagering applies. Bonus valid for 14 days. 30 Spins on pre-selected games will be credited instantly + then 30 per day for 9 days. Free Spins valid for 72 hours from credit. Max Free Spins winnings £100. Skrill + Neteller excluded. - www.begambleaware.org

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Casushi Casino

Casushi Casino: 18+. New players only. 100% bonus on first deposit up to £50 plus 50 Free spins. Free spins are playable on Starburst and will be credited in increments of 10 spins per day for 5 days following first deposit. Min. first deposit £20. Max bonus £50. Max bonus bet £5. Max bonus cash-out £500. Wagering requirement of 40x to cash out. Bonus expiry 30 days. Free spins expiry 2 days. Game restrictions apply.

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Kassu Casino

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Hollywoodbets Casino

Hollywoodbets Casino: Receive 10% Cashback if you happen to finish with a net loss at the end of the week on slots.Further terms apply.

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Casoola Casino: 18+ Full T&C's Apply New players Only. £10 min deposit. £5 max bet using bonus. 40 x wagering applies. Bonus valid for 14 days. 20 Spins on preselected games will be credited instantly + then 20 per day for 9 days. Free Spins valid for 72 hours from credit. Max Free Spins winnings £100. Skrill + Neteller excluded. Always refer to Bonus Terms - www.begambleaware.org

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Fitzdares Casino

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Quinn Casino

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Star Sports Casino

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Party Casino

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The Parlay Betting Method in Blackjack


Indeed, unlike a game such as roulette where there are a number of high return propositions on offer, blackjack generally rewards players at a rate of 1:1 (even money) for a win and 3:2 if they hit blackjack. 

While these returns are nothing to sniff at, they certainly won't make you a millionaire if you don't risk a lot of money from the outside.

Obviously, if you have a limited bankroll it's not possible to risk hundreds of dollars on a single hand of blackjack. 

Fortunately, however, the parlay blackjack betting system offers a perfect counter to this and allows small stakes players to risk a lot of money without crippling themselves financially. 

Parlay Blackjack Betting Explained


In short, this blackjack betting strategy works on the following premise: you have to double your bets each time you win a hand. 

To expand on this point, the parlay system is also known as the "let it ride" system because you essentially carry your profit from one hand to the next in order to maximise your winnings. 

Essentially, this blackjack strategy gives you the opportunity to turn a small amount of money into a large haul; especially if you can hit a rush of cards. 


For example, let's assume you have a starting bankroll of £100 and you make an opening wager of £10. 

Using the Parlay blackjack betting system you would go through the following process with your betting:

  • £10 bet win = £10 total profit
  • £20 bet win = £30 total profit
  • £40 bet win = £70 total profit
  • £80 bet win = £150 profit

As you can see you basically take your profit from each win, add it to your previous stakes in order to determine the size of your next bet. By doing this you give yourself the ability to make more than 10X your opening stake within a few wins. 

Parlay Betting Strategy


The key to success with the parlay betting system at the blackjack table is knowing when to quit. Before the start of each session you need to set yourself a profit limit and stick to it regardless of how "lucky" you feel.

One of only ways to ensure you earn a profit with any blackjack betting strategy is to be disciplined and with the parlay method that means having a win limit. 

To do this effectively you need to define your opening stake and from this point work out how your bets would scale upwards. 

From this point you would find a profit amount you're happy to take and use that as your limit. Thus, in the above example you might be happy with a £70 profit so you'd find yourself sopping and resetting your opening stake after three-hand winning streak. 

Assessing the Parlay System


One of the problems with the parlay betting system is that it can often cause you to lose your profits. Indeed, because you aren't able to remove your winnings before you hit your profit limit it can often mean you miss out on smaller gains.

Moreover, because you don't always know when a win streak is going to end it can often make it a scary system for many novices to follow. 

However, one of the greatest benefits of this blackjack strategy is that you can make a lot of money without a lot of risk. 

From an opening stake of £10 it's possible to make £150 in just four hands which is something few systems can match. 

Moreover, even if you go on a win streak but lose before you reach your profit limit, the maximum you'll lose in real terms is your opening wager. 

Thus, whether you're a novice or professional blackjack player, the parlay betting system is a great way to make big gains from a small stake. 

What is parlay betting?

A parlay betting system dictates that you double your money on each win - taking your winnings to fund the next bet. 

Is parlay a good bet?

Like any betting system, parlay betting is not 100% guaranteed to give you results. But it does give you the opportunity to win lots in a short amount of time.

Can you win money with the parlay betting system?

Yes, you can. In fact, you stand to make a hefty return in a short betting session. On the flip side, this is also a risky strategy where you can make big losses.

Is parlay betting only for blackjack?

Not at all - parlay betting can be applied to sports, roulette and baccarat.


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