A parlay is a single sports wager that involves two or more bets combined into one. This can include point spreads, moneylines, totals, futures, or even prop bets, as long as the bets are on different games.
Baseball Parlay Odds
The allure of these bets has always been a larger payout than choosing a single team to win. But there’s more gamble to these types of wagers because every “leg” of the parlay needs to not lose in order to win. If one leg loses, the whole parlay loses.
We have included an expert pick and parlay for todays game against the spread. Atlanta Braves vs Los Angeles Dodgers Prediction, MLB Pick, Tips and Odds by Guy Bruhn -. Baseball parlay betting is selecting multiple teams to win. Parlay bet is usually considered a “sucker bet” since the odds are fixed and are usually lower than they should actually be. This especially applies to football and basketball where the odds are basically standard and fixed. Parlays are many bets on one ticket. Instead of making a single bet on the NFL or NBA, you can combine different bets onto one slip. The only downside to making a parlay bet is that all wagers must hit, otherwise the entire bet is a bust. It can be a tad confusing when you’re trying to combine odds and/or determine the overall payout of your total wagers on multiple games. Enter Odds Shark. A parlay bet is a single bet in which you combine multiple selections, whereby you multiply the odds of those selections to calculate the parlay odds. Similarly to hockey, baseball does not have a traditional points spread market, with the run line usually set at +/- 1.5 runs, with the odds changing accordingly, rather than the line itself.
Baseball Parlay Picks
The flexibility of a parlay bet also makes it attractive to gamblers. You can combine multiple sports into your parlay bet; for example, you can include the Cowboys from the NFL, the Celtics from the NBA and the Coyotes from the NHL into a single bet. If they all win, you win.
Test out the parlay calculator above and compare odds at different sportsbooks to see how it works!
Placing a parlay bet
There are two ways to place a parlay bet and both are quite simple. Bettors can either tell the ticket writer directly which teams and totals they’d like to bet on and how much they’d like to risk on the bet. Filling out a parlay card is the other option for placing this kind of bet. Once the card is filled in, the bettor simply needs to visit the sportsbook desk to place the bet.
Some mobile sports wagering apps offer both types of parlay bets.
Get the best parlay deal at online sportsbooks with Parlay Insurance here:
Winning a parlay
Baseball Parlay Chart
There are two instances when a parlay can be a winning bet. A parlay only wins if none of the sides, totals or moneylines selected is a loser. The parlay can still be a winner if a game is canceled or ends in a tie. The pay schedule will simply more down to the lesser payment. For example, the bettor will win if a baseball parlay for four teams has three winners and one game is canceled because of rain. The bet will only pay based on the schedule for three winners instead of four as originally planned. The bet is a loser if one pick for a parlay is wrong.
Parlay odds
Not all parlay payouts are the same. Sportsbooks may have different odds for the number of teams bet in a parlay. This can be very confusing when looking at online sports that have different odds and payouts for the same parlay. Further, these odds may change at any time so bettors should check with the ticket writer in sportsbook before placing a parlay.
Parlay payouts
Payouts for a parlay are fixed by the time the bet is placed. Even if the lines and odds for an individual game move, the parlay lines and odds won’t change from when the parlay bet was placed. The parlay bet won’t be changed whether the lines change for or against the bettor.
If the lines change for a game, or games, in the favor of the bettor another parlay may be bet with the new line. The original bet cannot be changed and the bet will stand. The good news is that the bettor has two live parlay bets.
Types of parlays
A parlay is a type of sports bet and there are different variations of this kind of wager. The most common types of parlays are Round Robin parlays and Teasers.
Round Robin
A Round Robin bet is placing multiple parlay wagers at once. It’s just that simple. Round Robin bets are just a way to simplify making multiple parlays. When a bettor “Round Robin’s” teams in sports betting it’s similar to a horse bettor “boxing” horses for an exacta or trifecta bet in a race.
The bettor will select anywhere from 3 to 8 teams or totals to be in the Round Robin. They will then choose how many teams or totals they’d like to tie together for the Round Robin. For example, a bettor may select eight teams and totals for a Round Robin and tie the parlays to as many three-team combinations as possible.
The combination of teams will dictate how many different parlays the bettor has. Continuing the example, if a bettor wants to Round Robin eight teams they will have 28 different parlays if they choose two teams. If the bettor chooses to make three-team parlays they will have 56 different parlay tickets.
The ticket will cost the amount chosen for each parlay. If the bettor only has $300 they might choose to Round Robin the teams by two, so they have 28 different parlays for $10 each. The payout for each winning parlay is the same as it would be if the parlay bets were each made individually.
Teaser
A teaser is similar to a traditional parlay where the bettor can select multiple teams or totals. However, there are no moneylines allowed with a teaser. Unlike a parlay, the bettor may move each point spread or total plus or minus a certain number of points. The additional points on the spread or total make these bets easier to win and thus they pay less than a traditional parlay.
Teaser bets can change the point spreads or totals anywhere from six to 10 points. However, each leg of the teaser must use the same number of points. Those legs of the teaser may go in different directions.
- For example, the New England Patriots -7 can be teased down six points to -1. Meanwhile, the Cleveland Browns can be teased up six points from +4 to +10 points.
Much like a traditional parlay, the more teams involved with a teaser the better the payoff. Again, different sportsbooks have different odds and rules so they might have different payouts and teaser options available to bet.
Parlay Cards
The more popular way to bet parlays in casinos today seems to be with a Parlay Card. These are the long narrow cards where bettors fill in the numbered circle of the side or point spread they want to include in their bet. Once the teams and totals are chosen the bettor simply presents the filled in portion on the card to the ticket writer in the sportsbook along with how much they’d like to wager.
Parlay Cards are especially popular during football season. There are many different types of Parlay Cards including a variety of teasers, ties win and reverse teaser cards known as pleasers. These are more popular every year so the mobile sports wagering apps have started to add Parlay Cards for mobile bettors.
Major League Baseball returns Thursday, July 23, with two games. The New York Yankees visit the Washington Nationals and the San Francisco Giants face the rival Los Angeles Dodgers. The rest of MLB will throw their first pitches on the official Opening Day of Friday, July 24. Let’s get some action in on MLB’s Opening Day slate with a can’t miss four-team parlay.
MLB Opening Day Parlay: Picks
Odds via BetMGM; access USA TODAY Sports’ betting odds for a full list. Lines last updated Tuesday, July 21 at 3:15 p.m. ET.
San Francisco Giants vs. Los Angeles Dodgers: UNDER 8 (-110)
SP Clayton Kershaw takes the mound on Opening Day for the ninth time in the past 10 seasons for the Dodgers. He has owned the Giants over his career with a 1.74 ERA and 350 strikeouts in 342 1/31 career innings. He has given up two or fewer runs in eight of his last 13 starts against the Giants from 2017 to 2019. In his last five Opening Day starts, Kershaw is 3-1 over 30 2/3 innings pitched, striking out 40 batters and allowing only six earned runs.
While Giants SP Johnny Cueto doesn’t have the Hall of Fame resume of Kershaw, he has pitched well in his career against the Dodgers. His record is only 4-5 in Los Angeles, but he has a 2.36 ERA and 1.066 WHIP at Dodgers Stadium.
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Milwaukee Brewers vs. Chicago Cubs: CHC moneyline (-129)
It wouldn’t be a bad idea if the Brewers went with an opener in their first game. Instead, SP Brandon Woodruff will take the mound. He’s 0-0 in five appearances against the Cubs with a 6.75 ERA.
Chicago sends out SP Kyle Hendricks who was dominant at home last season with a 6-2 record in 14 starts with a 2.04 ERA and a 0.874 WHIP. He has pitched well against Milwaukee in his career as well, going 8-6 with a 3.08 ERA all-time against the Brewers. Neither team lost key contributors to their lineups and the Cubs had more production in the box in 2019.
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Arizona Diamondbacks vs. San Diego Padres: SDP moneyline (-129)
Baseball Parlay Rules
The Diamondbacks signed SP Madison Bumgarner this offseason to replace the loss of former ace Zack Greinke and he gets the start on Opening Day. He has been pretty average, by his standards, in San Diego. Bumgarner is 5-7 with a 3.75 ERA in his career at Petco Park.
Arizona beat up on San Diego in 2019. They were 8-2 in their last 10 games versus the Padres and finished 15 games better than them in the NL West last season. Diego’s promising 24-year-old SP Chris Paddack pitched well in his three starts against Arizona. Paddack was 1-0 with a 1.08 ERA and struck out 20 batters over 16 2/3 innings pitched.
Seattle Mariners vs. Houston Astros: HOU -1.5 run line (-139)
This is probably the chalkiest bet of the whole parlay but there’s a reason why Houston is heavily favored. The Astros had the best winning percentage against division opponents in 2019, the Mariners had the fourth-lowest. Houston has beaten Seattle in 13 straight games and won 18 of 19 meetings last season.
Seattle’s Opening Day starter is Marco Gonzales, who’s 0-4 with a 7.36 ERA in his career against Houston. Expect 2019 AL Cy Young Award winner SP Justin Verlander to be in mid-season form after spending the offseason dealing with the Astros’ sign-stealing controversy and a groin injury which had him set to miss the original Opening Day.
MLB Opening Day Parlay: Payout
A $100 wager at +940 odds for this four-leg parlay would bank a profit of $940 if all four bets win.
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