Parx Online Sportsbook Promo Code and Review
Parx has officially become the second online sportsbook in Pennsylvania when they went live on June 27th 2019, operating 24 hours a day, 365 days a year. Parx is able to operate under their own license and is fully legal and regulated by the PGCB.
Parx has consistently been the top earning casino in Pennsylvania since table games went live back in 2010, and they are looking to parlay that success into the virtual gaming market as well.
Parx has teamed up with software company GAN, who also runs FanDuel’s mobile sportsbook, to design their sportsbook app and has tapped the very popular Kambi, who also powers DraftKings and BetRivers, for pricing and risk.
Parx Online Sportsbook Promo Code
Parx Promo Code
|Bonus Offer||Risk-Free Bet up to $500|
|Casino Partner||Parx Casino|
|Retail Sportsbook||Opened January 7, 2019|
|Online Launch Date||June 27, 2019|
How it works
Parx is offering a one time $500 free bet. Simply place your bet and if it loses, Parx will give you give you a second chance, in the form of another one time free bet matching the amount of your first bet.
For example, you place a $500 bet on Joel Embiid to score 34.5 points and he puts up 40, you will be paid out as usual. On the other hand, if he only puts up 25, that losing bet will be refunded in the form of a one time $500 free bet. That free bet must be used within 10 days of it being issued, and its important to note that you will only recieve profits from the free bet.
How will Parx have an advantage over the rest of the PA market?
- Brand Recognition/Marketing: Parx is already the number one casino in Pennsylvania despite being positioned in a very competitive Philadelphia area market. With bringing in the highest revenue comes extra money to throw around on promotions and advertising.
- Experience: Parx is owned by Greenwood Gaming who was founded by a group of UK sportsbook executives. They have also enlisted the help of GAN and Kambi, two of the most reputable names in online gaming.
- Sportsbook/Online Casino: When you sign up using code CASINO500, you will recieve a $500 first deposit match and 500 free spins to use in the casino in addition to the $500 sportsbook risk-free bet.
After making due with a temporary sportsbook for for the first six months, Parx opened the door to their brand new state of the art $10 million retail sportsbook in August 2019.
The Parx sportsbook features a massive 156 foot long LED screen that can show up to 36 games at once, a full service bar, 18 self service kiosks, several betting windows, almost 200 seats and three VIP areas all spanning across 7400 square feet of space.
South Philadelphia Turf Club
Conveniently located in the middle of all the Philadelphia sports action, the Turf Club also opened their own live sportsbook just two weeks after Parx. A $1 million dollar facelift prepared the off track parlor for their first taste of live sports wagers. The list of upgrades includes adding seven windows and 13 self serve kiosks.
Valley Forge Race and Sportsbook
Located in Oaks, Valley Forge Race and sportsbook is another option for OTB owned and operated by Greenwood gaming. Opening on March 13th, 2019, Valley Forge Race and Sportsbook shows Parx commitment to being the number one sportsbook brand in the Keystone State.
Online and Mobile Sports Betting
It was announced at a mid- April PGCB meeting that online sports betting would begin testing in weeks following. Parx has made it clear that they are planning on being the number one online sportsbook, casino and poker site in PA. With this commitment, Parx has become the second official online sportsbook in Pennsylvania.
Online and mobile wagering is where casinos can be truly innovative. From in-game betting to last minute wagers from your couch, the ability to have customers on the go has been a huge boost, with over 80% of wagers coming online. Parx has partnered with Kambi for their online and mobile sports betting, and built a high quality, easy to use mobile product.
Parx online sportsbook is available via your desktop or mac computer via any of the popular browsers including Chrome, Safari, Internet Explorer, Edge and Firefox. Parxs desktop platform makes it easy to find the market you are looking for by listing all available sports on the left hand side including a quick link to all live betting options. Popular bets and live games are also listed directly in the middle of the homepage so you can just jump right in.
Once you find the bet you want to place, simply click on it and it will populate the betslip on the right side of the screen. Enter the amount you would like to wager and it will automatically calculate the potential payout. If you are happy with the bet, just click place bet.
Parx Online sportsbook is available via mobile apps for both iOS and Android powered devices and is basically a shrunken down version of the desktop sportsbook. The mobile apps utilizes menus at the bottom of the page in order to keep it free from clutter, and does a great job making everything easily accessible.
The iOS version of the app can be found in the Apple App Store and the Android version can be downloaded directly from Parx’s website. You can sign up, access all banking options and place bets directly on the app, just as you do on the desktop.
Parx gives you plenty of options to get money in and out of your account, but one glaring ommision is the PayPal option. The following are your banking options for Parx Online Sportsbook:
- Visa/Mastercard (deposits only)
- Parx Play + prepaid cards
- VIP Preferred ACH eCheck
- Online banking transfer
- PayNearMe (deposits only)
- Paper checks
- Cash at the Parx casino cage
Pennsylvania did not set many restrictions on what you can bet on. The only exceptions will be no High School betting and no Esports. All the popular options will be there including but not limited to:
- Car Racing
Types of Wagers
- InGame betting
Parx Path to Sports Betting
Even before the Supreme Court of the United States decided that limiting states the right to offer sports betting was unconstitutional, Pennsylvania was working on a huge expansive gaming bill. Lawmakers in the Keystone state included an option in the new gaming framework for the states casinos to open sportsbooks should it become legal. Once PASPA (Professional and Amateur Sports Protection Act) was overturned, they have wasted no time accepting applications.
It’s not all sunshine a rainbows, though. There are some concerns about Pennsylvania’s $10 million licensing fee and overall 41% tax on profits. To put this in perspective, to get a license in New Jersey it costs $100,000 for the license, and about a total of 25% of profits go to the state. Much more reasonable and manageable for sports betting operators in New Jersey.
While Parx initially waffled at the prospect of offering online sports betting in Pennsylavnia, it seems as though they have embraced the new gaming expansion and are set up to be a major player in both realms. Parx is on pace to be the first to market, which gives them a leg up on the competition. Being the most profitable casino in Pennsylvania, having a large existing customer base and partnering with some of the biggest names in sports betting positions Parx to be one of the market leaders in what could be one of the largest sports betting markets in the US.