# Parlay: Sports Betting Leagues — League-based sports betting > Simulated sports betting league platform for competitive virtual currency betting. (iPhone/iPad app by Parlay Leagues LLC.) - Source: https://appshunter.io/ios/app/parlay-sports-betting-leagues/id6472619639 (this page in markdown: same URL + `.md`) - Developer: [Parlay Leagues LLC](https://appshunter.io/developer/1717344494) - Category: Sports, Entertainment - Price: Free - Rating: 5.00/5 from 4 App Store ratings · 1 written reviews indexed - Age rating: 17+ - Requires: iOS 15.1 · 26 MB - Languages: English - Released: 2024-01-18 - Data updated: 2026-07-06 - Monetization: free - User reviews in markdown: https://appshunter.io/ios/app/parlay-sports-betting-leagues/id6472619639/reviews.md ## What is Parlay? Sports betting continues to grow in popularity, but let's face it, Vegas is good at what they do. For the average person, sports betting is not profitable in the long term. Parlay's goal is to provide the same thrilling and exciting sports betting experience while taking Vegas' house cut out of the picture. So, what is a sports betting league? Think of your fantasy football leagues or March Madness pools, but instead of trying to score the most points or create the best bracket, in Parlay, you are trying to be the most profitable sports bettor. Compete against your friends, family, and coworkers by placing sports bets using virtual currency in a league-based format. All members of a league start with a virtual balance of $1,500. Over the duration of the league, place sports bets using live sports data and Vegas odds in an attempt to gain more virtual currency than your competitors. If at any point you lose all of your virtual currency, you are eliminated. The user with the most virtual currency at the end of the league is the winner. There is no opportunity for financial gain through this app. Parlay only offers a fully simulated, but realistic, sports betting experience. ## Key features - Create and join sports betting leagues - Compete with friends and family - Use virtual currency for betting - Simulated realistic betting experience - Track profitability within leagues - Elimination based on virtual currency loss ## Recent user reviews (1 of 1) All indexed reviews: https://appshunter.io/ios/app/parlay-sports-betting-leagues/id6472619639/reviews.md ### 5/5 — In love *2024-01-20* I’ve been waiting for an app like this. ## Frequently asked questions about Parlay ### How does Parlay work? Parlay allows you to create or join sports betting leagues where you compete against others using virtual currency. The goal is to have the most virtual currency by the end of the league by placing simulated bets on live sports data and Vegas odds. ### Can I win real money with Parlay? No, Parlay offers a fully simulated sports betting experience. There is no opportunity for financial gain through this app; all betting is done with virtual currency. ### What is the starting virtual balance in Parlay leagues? Each member of a Parlay league starts with a virtual balance of $1,500. This virtual currency is used to place bets throughout the duration of the league. ### What happens if I lose all my virtual currency in Parlay? If you lose all of your virtual currency at any point during a league, you are eliminated from that league. The user with the most virtual currency at the end is the winner. ### Is Parlay available on Android devices? Currently, Parlay is supported on iPhone and iPod devices. Information regarding Android compatibility is not yet available. ### How often is Parlay updated? The latest version of Parlay is 1.0.5, and it was last updated on February 14, 2025. This indicates a recent update, suggesting active development. ### What is the age rating for Parlay? Parlay has an age rating of 17+, which is typical for apps involving simulated gambling or betting content. ### Does Parlay have ads? No, Parlay does not contain advertisements. The app is free to download and use without any ad interruptions. ## Version history (last 5 releases) ### 1.0.5 — 2025-02-14 Full support for NCAAB March Madness tournament ### 1.0.4 — 2024-04-10 Support betting on MLB games ### 1.0.3 — 2024-03-07 - New setting for leagues to configure whether or not weekly profits can be used to place bets in a single week. - Allow Minimum Risk Percentage to be 0% each week for a league. ### 1.0.2 — 2024-02-20 - Full support for NBA, NHL, NCAAB - Rework league display on dashboard - Fix bug where previous week shown for completed leagues on Tuesday ### 1.0.1 — 2024-01-22 - Fix create league bug where NCAAF was included in all new leagues. - Allow more special characters in passwords to support Apple auto-generated passwords. --- *Data collected daily from the US App Store and indexed by [AppsHunter](https://appshunter.io/). User reviews are verbatim App Store reviews. Ratings, prices and chart positions refresh continuously; this snapshot is from 2026-07-06.*