Placing a parlay bet on Fanatics Sportsbook allows you to combine multiple individual wagers into a single bet, potentially leading to higher payouts if all selections are successful. Here’s an expanded guide to help you navigate the process:

1. Access Your Fanatics Sportsbook Account

• Log In: Open the Fanatics Sportsbook app on your mobile device or visit the website. Enter your username and password to access your account.
• Create an Account: If you don’t have an account, you’ll need to sign up by providing the necessary personal information and completing the verification process.

2. Deposit Funds

• Add Funds: Ensure your account is funded by navigating to the ‘Deposit’ section and selecting your preferred payment method. Follow the prompts to complete the transaction.

3. Explore Available Sports and Events

• Browse Sports: Navigate through the list of sports available on Fanatics Sportsbook, such as football, basketball, baseball, and more.
• Select Events: Choose the specific games or matches you are interested in betting on.

4. Understand Bet Types

• Moneyline: Bet on the outright winner of the game or event.
• Point Spread: Wager on the margin of victory or defeat.
• Totals (Over/Under): Bet on the combined total score of both teams being over or under a specified number.
• Prop Bets: Wagers on specific occurrences within a game, such as player performance metrics.

5. Build Your Parlay Bet

• Select Multiple Bets: For each event, choose your desired bet type and make your selection. Each pick will be added to your bet slip.
• Combine Selections: In your bet slip, you’ll have the option to combine your selections into a parlay. Ensure all desired bets are included.

6. Consider Same-Game Parlays

• Same-Game Parlay (SGP): Fanatics Sportsbook offers the option to place multiple bets within the same game, known as a Same-Game Parlay. This allows for more strategic betting based on a single event.

7. Review Potential Payouts

• Understand Odds: Parlay bets offer higher payouts due to the increased risk of requiring all selections to succeed.
• Calculate Winnings: The potential payout is determined by multiplying the odds of each individual bet. Fanatics Sportsbook will display the total potential payout on your bet slip.

8. Manage Your Wager

• Enter Stake Amount: Specify the amount you wish to wager on the parlay.
• Review Bet Slip: Double-check all selections and the stake to ensure accuracy.
• Place Bet: Once satisfied, confirm and place your parlay bet.

9. Track Your Bet

• Monitor Progress: After placing your bet, you can track its status in the ‘My Bets’ section of your account.
• Live Betting: Fanatics Sportsbook offers live betting options, allowing you to place additional wagers as events unfold.

10. Understand FanCash Rewards

• Earning FanCash: Fanatics Sportsbook rewards users with FanCash based on their betting activity. For instance, placing a parlay bet can earn you up to 3% of the bet amount in FanCash, while same-game parlays can earn up to 5%.
• Redeeming FanCash: Accumulated FanCash can be redeemed for bonus bets or used to purchase merchandise on the Fanatics platform.

11. Practice Responsible Gambling

• Set Limits: Utilize Fanatics Sportsbook’s responsible gambling tools to set deposit and wagering limits.
• Seek Support: If you feel your gambling is becoming problematic, access resources provided by Fanatics Sportsbook for assistance.

12. Stay Informed

• Promotions and Bonuses: Regularly check for promotions that may enhance your parlay betting experience, such as odds boosts or parlay insurance.
• Terms and Conditions: Familiarize yourself with the sportsbook’s rules regarding parlay bets to ensure compliance and understanding.

By following this comprehensive guide, you can confidently place parlay bets on Fanatics Sportsbook, potentially increasing your winnings through strategic selections and an understanding of the platform’s features.