What do you get when you cross Hard Rock Bet's “flex parlay” feature, Underdog and PrizePicks-style over/under markets, and PrizePicks’ own flex play feature?
You get DraftKings “Progressive Parlays,” which is coming soon to the sports betting app and was introduced during the company's Investor Day presentation Tuesday.
In this new offering, mobile sportsbook bettors can pick over/under props and mash them together. Bettors can choose as few as three picks and as many as 12. Naturally, more picks equal a higher payout, but bettors will be able to get some picks wrong and still cash out.
In an example on one of the slides, a bettor who picks 10 over/under props and gets them all correct would stand to win at 150/1 odds. Get nine of them right, the payout drops to 15/1. Eight correct would yield a payout at +300 odds. Seven out of 10 would pay at -200 odds.