Polymarket Paying For Parlay Ideas

Polymarket Paying For Parlays Ideas

Polymarket is looking to make a big splash as it returns to the US. The company's latest big idea is to pay users to come up with parlays that can be turned into markets on the platform. The company is willing to pay up to $350 for your parlay ideas. Here's how that works.

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Key Highlights
+ Crowdsourcing: Polymarket is asking users to submit 2-6 parlay ideas that could be featured on the site.
+ Rewards: The prediction market platform will pay up to $350 for parlay ideas that make it to the site and generate up to $1 million in betting volume.
+ Go Live: The CFTC announced that Polymarket is cleared to go live in the US. A launch date is likely to happen on September 5, 2025.

Crowdsourcing Parlay Ideas

On September 2nd, Polymarket users who logged into Polymarket's Discord channel were greeted with a new sub-channel called "polyparlay-ideas." According to the post in their main Discord channel, the company was asking for users to brainstorm "creative parlay ideas" that could be turned into parlays on the site.

Polyparlay-idea members will be asked to submit two to six-leg parlays that must be resolved by December 31, 2025. Every two weeks, channel admins will put three to five ideas to a vote on the channel. The first user to have their parlay created will get $50, and if that parlay earns $1 million in bet volume, the user will earn an additional $350.

These parlays can be any type of market, including sports markets. Here are some of the ideas that were brought to a vote on the Polyparlay-idea channel already:

Parlay Ideas For Polymarket
Parlay	Legs
Taylor Swift Parlay	Swift holds top 10 spots on Billboard 100 for week of Oct. 18 Taylor Swift is Top Spotify Artist of 2025
Bull Run Confirmed Parlay	Fed decreases interest rates by 25 bps after Sept. 2025 meeting Will Bitcoin hit $150,000 by September 30? Will Etherium reach $5,000 in September?
Major Elections in October Go Right Parlay	Czech Republic Parliament Winner: ANO Bolivia President Winner: Tuto Most seats in Argentina Deputies Election: LLA Netherlands Parliament Winner: PVV

See our Prediction Markets Hub to learn everything there is to know about prediction markets and how to use them.

Parlay Popularity With Sports Bettors

Parlays remain the most widely used betting vehicle for sports bettors. Through Q1, FanDuel announced that its structural hold rose 14% thanks in large part to NBA and NFL same-game parlays.

A survey conducted by US News this year revealed that parlays are easily the most popular betting product, with 25% saying they bet on parlays frequently. That percentage exceeded moneylines, props, spreads, and totals.

The decision to offer more parlays is a conscious effort to convince sports bettors to make prediction market platforms their new home for betting.

Officially Back In The US

This new crowdsourcing plan comes on the heels of the firm returning to the US. While the company's CEO, Shayne Coplan, announced the company was back in July, Polymarket hadn't yet received a green light from the Commodity Futures Trading Commission (CFTC).

As of a few hours ago, the CFTC announced that it had given the green light to Polymarket. The CFTC announcement doesn't mention Polymarket by name, instead listing QCX LLC and WC Clearing LLC. Polymarket purchased both companies for $112 million in June.

The announcement from the CFTC paves the way for the company to activate for US customers. A tentative launch date of September 5, the day after the start of the 2025 NFL season, is likely.