Progressive parlays are coming to .
Just two weeks after the company filed a trademark for the term progressive parlay, DraftKings CEO Jason Robins introduced the new sportsbook feature during the company s investor day presentation. The progressive parlay feature will require users to make over/under picks for three to 12 legs and pit them against the house.
The parlays can win if a user misses one or more legs, but will pay out a lower rate.
Progressive Parlays What Are They?
There is no official launch date for the new feature, Robins said.
In the investor day presentation, DraftKings gave an example of a progressive parlay. A user was shown making 10 selections, which would pay out at 150/1 if all legs were correct. However, if the user gets one of t…