Hard Rock Flex Parlays - How They Work & Are They Worth It?

One of Hard Rock Bet’s most popular unique features, Flex Parlays redefine the parlay experience by letting you add a safety net to your bets.

While parlays are famous for requiring every single leg to hit for your bet to win, Hard Rock Flex Parlays let you to give your parlays a margin of error where, even if some legs fail, you still get paid out if the rest of your picks are winners.

A fantastic option for parlay bettors that want to play it a bit safer and boost their odds of winning - as well as bettors who want to add a few riskier picks to their parlay - Flex Parlays may not pay quite as high as regular parlays, but they will greatly increase your shot at cashing in.

Hard Rock Bet's Flex Parlays shake up everything you know about parlay betting, by allowing you to choose a minimum amount of picks that need to hit in order to win. Lets go over how they work.

• Selection of Games: First, you must select anywhere from 3 to 10 picks you would like to parlay. The more picks in your parlay, the higher the potential payout.
• Winning Criteria: Unlike traditional parlays, here you don't need all your picks to be correct to win. If you are making a 5 team Flex Parlay, for example, you can choose whether 2, 3, or 4 picks need to be correct for the parlay to be a winner.
• Scaled Payouts: Flex Parlay payouts are scaled, depending how many picks need to be correct. The less room for losses you give yourself, the higher the return will be.
• Beat the threshold: If your parlay contains as many wins as the minimum you chose (or more), you win!

Make sure to take all these aspects into consideration when creating your Flex Parlays, as having a good understanding of how they work will help you choose the optimal strategy for your bets.

Why we like Flex Parlays:

✅ Increased chances to win: Unlike traditional parlays where every selection needs to win, with Flex Parlays you can still secure a payout even if a few selections fall short. This flexibility makes this bet type a safer choice for bettors aiming for larger payouts with a bigger chance of succeeding.

✅ Allows for riskier picks: The ability to miss a few legs and still win allows you to take bolder risks with your choices. This flexibility offers a safety net, enabling you to make more adventurous bets without the fear of losing it all.

✅ Great for huge parlays: If you're the kind of bettor that loves to take a punt with a 10 team parlay, Flex Parlays are a great option to make those long shot bets a little more attainable.

What we don't like about Flex Parlays:

❌ Much lower odds than traditional parlays: Flex Parlays pay out significantly lower odds than your regular parlays. The less picks that need to win, the lower the payout will be.

❌ Perfect parlay pays out same reduced amount - If you choose a 7 team Flex Parlay that only needs to win 4 picks, and all 7 of your picks win, you will get the same payout as you would if only 4 of your picks won.

Flex Parlays are available anywhere that Hard Rock Bet is licensed to operate.

As of the time of writing, Hard Rock Bet offers Flex Parlays in 7 states:

If you're exploring different ways to add flexibility to your betting strategy, there are several alternatives to Hard Rock Flex Parlays that offer unique benefits to increase your chances of hitting your parlays.

Each option below allows you to manage risk and increase your chances of winning, even if all your selections don’t hit. Here’s a look at some popular alternatives that can help you maximize your potential to win.

DraftKings Progressive Parlays are a strong alternative to Flex Parlays, also offering bettors the ability to win even if a few legs of their parlay don't hit. Unlike Flex Parlays, you do not need to choose a minimum amount of legs to hit, as that amount is determined by the number of legs in your parlay.

Featured Betting Site for Progressive Parlay: Draftkings Sportsbook

Round Robins are an excellent choice for those seeking flexibility and security in their bets. This type of bet allows you to create multiple smaller parlays from a larger list of selections. This way, even if some of your individual bets lose, you can still win one or more of the smaller parlays, making it a great option for bettors who want to spread their risk and increase their chances of a return, without the all-or-nothing pressure of traditional parlays.

Featured Betting Site for Round Robins: bet365

Offered regularly by various sportsbooks, Parlay Insurance promos can also be a great alternative for Flex Parlays - albeit limited to only one loss. With this feature, if one leg of your parlay loses, you get your stake back as a bonus bet, making sure your near-miss doesn't leave you empty-handed. The best part? With this kind of wager you won't need to sacrifice the odds to get the added flexibility.

Featured Betting Site for Parlay Insurance: FanDuel Sportsbook

Teasers provide another flexible betting option, especially popular in sports like football and basketball. While with teasers you will need to win every single leg of your bet, you can adjust the point spreads or totals in your favor across multiple games, which increases your chances of winning. Although the payouts are generally lower than traditional parlays due to the adjusted lines, the added points in your favor make teasers a safer choice for bettors looking to increase their odds of success.

Featured Betting Site for Teasers: Caesars Sportsbook