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Baseball
Betting - Parlay Wagers
 Parlays,
also known as Multiples or Combos, are a very exciting way for the baseball
betting enthusiast to win very large amounts of money with limited risk.
Simply put, a parlay is a bet of 2 or more teams (selections) or propositions
in no particular order. All teams wagered on in a parlay must win. If
there is a tie, it reverts down to the next lowest number for payoff.
For 2 team parlays, a tie and win becomes a straight bet payout.
At the best online sportsbooks, you may include up to 12 Selections in
your parlays, all sports included. This means that you can make one parlay
card with a combination of all your favorite sports!
Parlay bets will not typically be accepted where individual "selections"
are connected. For example, one leg of a parlay is for Sampras to beat
Henman in the 4th round of Wimbledon and the second or additional part
of the parlay is for Sampras to win the overall Wimbledon title. The match
forms part of the overall tournament and is therefore 'connected'. In
the same way, you cannot parlay the over of the first half of a football
game with the over of the total game, because the two are 'connected'
Baseball (moneyline) Parlay Payoffs
Because of the moneyline used in baseball, there are no set payoffs for
tying a number of teams together in parlays. Payoffs are determined by
a simple formula that changes the moneyline into a decimal number and
combines it with the other lines in the parlay. The first step is to change
the moneyline into a decimal value. Use the chart below for this purpose.
Values are equivalent to one dollar.
| -1.05 |
= |
.95 |
|
-1.85 |
= |
.54 |
| -1.10 |
=
|
.91 |
|
-1.90 |
=
|
.53 |
| -1.15 |
=
|
.87 |
|
-1.95 |
=
|
.51 |
| -1.20 |
=
|
.83 |
|
-2.00 |
=
|
.50 |
| -1.25 |
=
|
.80 |
|
-2.10 |
=
|
.48 |
| -1.30 |
=
|
.77 |
|
-2.20 |
=
|
.45 |
| -1.35 |
=
|
.74 |
|
-2.30 |
=
|
.43 |
| -1.40 |
=
|
.71 |
|
-2.40 |
=
|
.42 |
| -1.45 |
=
|
.69 |
|
-2.50 |
=
|
.40 |
| -1.50 |
=
|
.66 |
|
-2.60 |
=
|
.38 |
| -1.55 |
=
|
.64 |
|
-2.70 |
=
|
.37 |
| -1.60 |
=
|
.62 |
|
-2.80 |
=
|
.36 |
| -1.65 |
=
|
.61 |
|
-3.00 |
=
|
.33 |
| -1.70 |
=
|
.59 |
|
-3.25 |
=
|
.31 |
| -1.75 |
=
|
.57 |
|
-3.50 |
=
|
.29 |
| -1.80 |
=
|
.55 |
|
-4.00 |
=
|
.25 |
How to Figure Baseball Parlays
For each price or odds quote on your teams, look at their respective payoffs
(to $1) and always add $1 to these payoffs.
Multiply your bet times the products of these payoffs (+$1) for your parlay
return.
Example
A Player bet $50 on the Cardinals (-150) parlayed to the Tigers (-130)
| Bet |
|
Cardinals |
|
Tigers |
|
Return
|
|
|
(-150)
|
|
(-130)
|
|
|
| $50 |
X |
1.67
|
X |
1.77
|
= |
$147.80 |
The return includes the $50 bet.
Use the same method for any number of teams.
Example
Bet $75 on the Cubs (+120) to the Reds (-135) to the Mets (Even) for a 3
team parlay
|
Bet
|
|
Cubs
|
|
Reds
|
|
Mets
|
|
Return
|
| |
|
(+120)
|
|
(-135)
|
|
(Even)
|
|
|
|
$75
|
X |
2.20
|
X |
1.74
|
X |
2.00
|
= |
$574.20
|
| |
|
(1.00 + 1.20)
|
|
(1.00 + .74)
|
|
(1.00 + 1.00)
|
|
|
The return includes the $75 bet.
Remember to always add $1 to the payoff price to figure all parlays.
For
the best baseball parlay odds - click here
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