MLB Parlays - Today's Best MLB Parlay Picks | Pickswise (2024)

What Is An MLB Parlay

A parlay bet is a single bet in which you combine multiple selections. In an MLB parlay you multiply the odds of each individual selection to calculate the parlay odds, so the potential to bet small and win big is great. Similar to an NHL Parlay, MLB Parlays do not have a traditional points spread market, with the run line usually set at +/- 1.5 runs, and the odds change rather than the line itself.

The most commonly wagered markets in MLB parlay bets are Run Lines and Money Lines and are often used to increase the odds when betting on a couple of favorites.

With multiple games played on any given game day, MLB parlays are a great way to have a wager and interest in multiple games on today’s slate.

Our experts analyze every game of the MLB season, leaving no stone unturned in trying to find the best opportunities and strongest selections to make up our MLB parlay bets, all of which can be found here on our MLB Parlay Bets page.

How To Bet On Our MLB Parlay Picks

Betting on MLB picks and parlays is a quick and simple process with any online sportsbook. To create a parlay, you simply have to add multiple selections into your bet slip and click the parlay option before placing your wager.

Comparing odds is always important when placing a wager, but none more so than when placing a parlay bet. In the age of an expanding online sportsbook industry, sportsbooks are eager to custom and display this by competing to provide the best odds across their sportsbook. This is great for the bettor as you can shop around to find the best odds before placing your wager.

In an MLB parlay bet where you may be combining three strong favorites, each at odds of -200 with one online sportsbook, your $100 wager would return $338 if another sportsbook has the same three selections at odds of -150, a marginal difference, but with parlay odds multiplying, the difference in the payout is noticeable, with this scenario returning $463 for a $100 wager, $125 more.

Unsure on the best places to wager your MLB parlay bets? Head over to our Online Sportsbook Reviews Page where we break down all the information and latest promo codes you’ll need for all of the top online sportsbooks.

How To Win An MLB Parlay Bet

MLB parlay bets are increasingly popular but can be notoriously tough to land, with teams often splitting MLB series’ and The premise that anyone can beat anyone, on any given day.

So avoiding these potential pitfalls in adding selections to your MLB parlay is the toughest part. Our experts analyze everything from team form and news, matchups, weather conditions, and a wealth of player and team statistics ahead of making all of our MLB predictions to try best to reduce the chances of this.

Here are a couple of popular MLB parlay strategies used to try and increase the value of your odds with the aim of avoiding baseball’s variance and give yourself the best chance of turning a profit long term.

  1. Parlaying large favorites – Straight wagers on large favorites offer bettors little value, a $100 wager on a -200 favorite will return just $150, a little reward for your risk. Combining two favorites at the same odds of -200 would see your same $100 stake would return $225, a more appealing return for your wager.
  2. Home Favourite and Under – You can parlay the money line and run total in the same game and a large home favorite and the under is a popular choice amongst MLB parlay bettors. Home teams bat last in baseball, and when they have a lead, the game only goes 8.5 innings instead of 9, a plus for unders backers.

Our expert handicappers have a wealth of experience wagering on MLB parlay bets, with tried and tested strategies and analysis in hand, we provide the best free MLB parlay bets throughout the season.

How To Calculate MLB Parlay Odds

An MLB parlay bet is a single wager on multiple MLB Picks, with all selections needing to win for your ticket to cash. One of the main reasons sports bettors wager on MLB parlays is due to a large number of games, and an MLB parlay bet allows you to wager on multiple games at bigger odds than straight wagers.

One aspect of the parlay bet that can confuse sports bettors is the odds of an MLB parlay bet. Where some examples like NFL Parlays will comprise of selections such as Against The Spread or Totals, these are fixed odds of always around +110 or -110, and thus, the parlay odds stay fairly constant too with a 3-team NFL parlay around 6/1 or a 4-team parlay around 12/1.

With MLB parlays, the markets are often not fixed odds, instead, the run line is fixed at +/-1.5 runs or +/- 0.5 runs with the odds changing to reflect the matchup. Similarly, Moneyline odds, which are also common in MLB parlays, will differ depending on the matchup, so calculating parlay odds aren’t as simple.

To calculate parlay odds you must multiply the odds of each selection of the parlay, the easiest form of odds to do this with is decimal.

For Example

If you want to parlay three selections at odds of 3.0, 4.3, and 2.2 you simply multiply the odds of your selections and then by your stake to calculate your winnings.

3.0 x 4.3 x 2.2 = 28.38 odds

28.38 x $50 stake = $1,419 payout.

All online sportsbooks will calculate the parlay odds and potential payouts for your selections if you add them to your bet slip and click on the parlay tab.

Baseball Parlays – What Is An MLB Same Game Parlay

An MLB Same Game Parlay is the same as a regular MLB parlay, a multi-selection single bet, the difference being, the MLB Same Game Parlay sees all of the picks come from the same match rather than a selection from multiple different matches. The big positive of an MLB Same Game Parlay is that by combining multiple picks you can shoot for a bigger win on the game you’re watching or the team you root for, as like all parlays, the odds of your MLB Saem Game Parlay increase with each selection.

MLB Same Game Parlays also allow us to be strategic in our approach and knowing which picks to combine with one another. One of the most popular MLB Same Game Parlay strategies is to add correlated props and picks to the parlay. What we mean by correlated props is choosing picks that are in some way linked to each other, with the outcome of one pick likely to improve the chances of another. For Example, if you like a team in a particular spot because they have a favorable matchup against the starting pitcher, you might envision an easy win for the team in a high-scoring, high-action game. In this spot, you may look to parlay the team to win on the run line, or even an enhanced run spread, say -2.5 runs, along with a number of players to have 2+ hits, to score a run or hit a home run. By combing these picks, if you are right in your analysis that a team can score and cover -.2.5 runs, if they do, the batters will likely be registering plenty of hits and runs themselves.

As with any type of Parlay wager, the more selections you add to your MLB Same Game Parlay, the more difficult it is to win, but also that more the odds will increase. It’s a fine line between shooting for the stars and trying to seek out value in an MLB Parlay so adding 3 or 4 picks is usually a better option for your main play with a sprinkle play on a parlay with more selections than that.

Baseball Parlays – How To Bet On An MLB Same Game Parlay

FanDuel Sportsbook was the first to champion the Same Game Parlay, and while they’re more widely available on sports such as NFL, NBA now, they remain the only sportsbook to offer for Same Game MLB Parlays. While this is likely to change over time, FanDuel is a great option for any Same Game Parlay, with competitive odds and a wide range of MLB Markets included, it has everything you want.

To place an MLB Same Game Parlay, head over to Fan Duel’s Sportsbook site or mobile app, and click on the MLB tab which can be found at the top of the page or on the Sports A-Z list on the left-hand side. One on the MLB page, you will find a list of upcoming games, and under each game, you will see an SGP logo in green to show that SGP markets are currently available on that game. Clicking on a game will open the markets available for that game including a Same Game Parlay section which will show all of the markets you can add to the Same Game Parlay for that game, which will typically include regular markets such as Money Line, Run Lines, Run Totals, as well as MLB Prop Bets and innings bets.

Each selection you click will be added to your bet slip and the Same Game Parlay odds automatically update each time a pick is added. Once you have added all of your desired selections, enter the amount you wish to wager on the parlay and hit ‘place bet’. And that’s it, you’re on!

New to sports betting or not yet registered with FanDuel Sportsbook? Click through to read our sportsbook review which contains all of the need-to-know information about FanDuel Sportsbook, including the best promo codes and sign-up offers in your state.

Baseball Parlays

Baseball parlay bets are a great fun way to try and stake small to win big. With up to 15 games per day, the possibilities of a baseball parlay are almost limitless. You can combine a few of the hot favorites to try and turn that -200 wager into a more profitable 3-team parlay, or you can go through the run line odds and quickly build up a huge baseball parlay for the day. On this page here the Pickswise handicappers will highlight their best baseball parlay plays each day throughout the season and into the playoffs. For full analysis and breakdown of our baseball picks, check out our MLB Picks and MLB Predictions page where we preview and predict every single game during the MLB season.

MLB Parlays - Today's Best MLB Parlay Picks | Pickswise (2024)

FAQs

What is the most accurate MLB prediction site? ›

Dimers.com is the best site for MLB predictions, offering a comprehensive range of betting insights and resources.

What is the most profitable strategy for a parlay? ›

The best and most profitable strategy to employ with parlays is known as a correlated parlay. Another way to incorporate parlays into your strategy is to bet into weak numbers and combine them with other, stronger spreads to increase your exposure to the weak number.

How do you hit a parlay always? ›

Hedging Parlay Betting Strategy

This strategy is one that many consider to be the best parlay strategy. If the favorite wins, the underdog pick helps to balance out the loss of the other game. The other part of hedging is making selections based on when the game is being played.

Which prediction site is the most accurate? ›

EaglePredict is the best football prediction site in the world with over 89.9% accuracy rate in our football betting tips.

Which baseball projection system is most accurate? ›

Ariel is the creator of the ATC (Average Total Cost) Projection System. His ATC Projections were ranked as the #1 most accurate projection system over the a four-year span (2019-2022).

Has anyone ever won a 16 leg parlay? ›

According to the Sportsbook, the bettor in question correctly wagered that 16 different players would get at least one hit, which is exactly what transpired as the Rays prevailed 9-5 over the A's. The bet relied on not only on an enormous amount of luck, but also on Friday's game turning into a high-scoring one.

What is the best way to bet on a baseball parlay? ›

You can place two 2-team parlays. Finding underdogs to bet on really helps boost your payouts. One with the Dodgers -200 and the Pirates +150 and the other with the Dodgers -200 and the Mets +150. Each parlay would give you the potential to win $275.

How to win money on parlays? ›

For a parlay to win, every leg included in the parlay must win. That means if you have a seven-leg parlay, all seven legs must cash for your bet to win. Even if only one leg loses, your wager loses. That's why parlays are risky.

Has anyone won a 20 leg parlay? ›

Sports betting: Bettor wins $123,000 on 20-leg parlay - Yahoo Sports.

How often do people win parlays? ›

The chances of winning a 3-game parlay depend on the odds of each individual game. However, if we assumed each bet was a coin flip with a 50% chance of winning, the probability of winning all three bets in the parlay would be 0.5 * 0.5 * 0.5 = 0.125, or 12.5%.

Should you parlay favorites? ›

Parlay bets on multiple favorites pay off with "plus" odds, as if a single underdog had beaten a lone favorite. The gambler can take advantage of parlays to avoid cheering for long-shot underdogs while still earning big payoffs on winning wagers.

How to win same game parlays? ›

As in a regular parlay, you must correctly select the outcome of every leg for the bet to be successful. Suppose you wager on the moneyline of the Tampa Bay Lightning beating the New York Rangers and the goal total of the game being +5.5. In that case, both events must occur for the parlay to pay out.

What is the parlay formula? ›

Parlay Formula is a unique way to bet on the races. To parlay a bet is simply to reinvest the winning dividends from one race to a bet on a subsequent race. By parlaying the dividends of one race onto a subsequent race, the dividends are multiplied together, thereby increasing the amount of the payout.

Why avoid parlay bets? ›

The odds of winning a parlay involving multiple teams or outcomes are much lower than winning a single bet, making it a less valuable option in terms of expected value, which is a measure of the average outcome.

Is MLB Ballpark app reliable? ›

In 2022, the MLB Ballpark app became the No. 1 ranked sports app in Apple's App Store. It was the top sports app from Opening Day through the summer. And its overall rating in the App Store increased to 4.7 out of 5 stars.

What are the best sports prediction sites? ›

AI Sports Betting Prediction Site Comparison
RankAI Sports Betting Prediction SiteSports Covered
#1BetIdeasSoccer
#2Leans.AINFL, NHL, NBA, MLB, NCAAF, NCAAB
#3DeepBettingSoccer
#4Infinity Sports AINBA, MLB
1 more row
May 31, 2024

Is baseball easy to predict? ›

The unpredictable nature of baseball makes it a challenging sport to predict. Multiple variables including player performance, game situations, and even injuries play a crucial role in affecting the end result of each game.

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