If you want to take big risks and get big returns on your bets, then online baseball parlay betting is what you are looking for. 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. In those two sports, a two-team parlay pays a fixed ratio of about 2.5 to 1; three-team pays about 6-1, and so on. In this sports it's different because there are different baseball money lines on different games.
* Please see illustration below to help understand parlay bets, text explanation follows.
The best way to show how baseball parlay bets are calculated is to use an example. You want to bet on two different games:
NBA ML Parlay Calculator: Instead of buying lottery ticket parlays, just check if you are getting value with a simple to use calculator (input choices, output the odds you should be getting so shopping lines is easier). NFL: Super Bowl 55 Betting Update NFL: SB 55 Novelty Prop Predictions HORSES: Friday's Action & Picks PODCAST: Great Dane Nation PODCAST: Super Bowl Analysis BetMGM Super Bowl Bonus FOX BET SB55 Bonus Promo NFL: Super Bowl 55 MVP Best Bets NFL: Super Bowl 55 Betting Angles NFL: SB 55 Penalty Breakdown NFL: Hot & Not Report - Bucs vs. Chiefs NFL: Super Bowl Parlay Predictions Sports Betting.
- Boston Red Sox (+120) vs
- New York Yankees (-200)
– And –
- Mets (+140) vs
- Phillies (-140)
Let's say you are betting that Yankees and Mets will win in their respective matches. For you to win this parlay, both teams must win. If either Boston or Phillies win (or both), then you will lose the bet. So, let's say that you are betting $200 on this parlay. If Yankees win, $200 becomes $300 in total ($200 bet + $100 won). Then, if the Mets win, that $300 becomes $720 ($300 bet + $420 won). This way a bet of $200 will win you $520 total ($750-$200)! It's very unlikely to get this type of a return on other types of bets. On the other hand though, if either Boston or Phillies win (or both) then you will get $0.
If you were to bet on more teams increasing your parley to 3 or 4 or 5 or even more teams, then you could get even larger returns. However, be careful as the risk of losing the bet increases with bigger parlays.
Baseball Parlay Gambling Strategies
When it comes to calculating the amount that you can win from your parlay, you don't always have to do the math if you don't want to. An online betting sportsbook will usually show the total amount that you can win once you type in your desired bet amount. There are also many free online baseball parlay-betting calculators that can help you do the math.
Some baseball bookmakers out there might recommend you not to bet on any parlays as they are considered 'sucker bets'. That is, as we mentioned above, they are usually fixed odds. However, that is not really the case with baseball as it is one of the few sports where, if you know what you are doing, you can actually make some good money on parlay betting. This is because, from a mathematical standpoint, the odds shouldn't be disadvantageous or advantageous for you. So, if you follow baseball and do your research of the teams, then parlays could be something to consider.
Sometimes it makes sense to bet on baseball parlays when you want to make a small bet and simply do not have enough money for multiple bets. If you do get lucky, that small bet could increase significantly. However, if you are not on a budget then it might be a good idea to bet on multiple money lines rather than baseball parlays. You might actually have better odds to win, as you will be taking on less risks. That is, if you lose a few of your bets but win the majority of them then you can make a profit.
Another baseball parlay betting strategy we can give you is to not bet on too many parlays. Statistically it gets increasingly less likely that you will win the more parlays you bet on. Some bettors prefer to stick to 3 to 4 team parlays and to not go over 5 team parlays as the chances of winning those are usually slim.
This article is part of our Handicapping the NBA series.
It's the Thursday edition of the RotoWire NBA Gambling Roundtable. It's a relatively small five-game slate, so things are a bit easier to sift through than usual. Still, nothing can ever be normal this season. Heat at 76ers is ravaged by COVID-19-related absences again, and the Rockets just had a wrench thrown into their plans with James Harden now on the Nets, plus John Wall and Eric Gordon also sidelined.
Alex Barutha: Tyler Herro over 23.5 points (-110) vs. PHI – FanDuel, 1:44 PM CT and Hornets (+8.5, -110) over the Raptors (DraftKings, 2:01 PM CT)
The Heat remain without Jimmy Butler, Bam Adebayo, Goran Dragic, Kendrick Nunn and other core pieces for Thursday's game against the 76ers. During the first matchup of this two-game series, Herro played 39 minutes and scored 34 points on 26 shots during the overtime win. Three days earlier, he scored 31 points on 20 shots against the Wizards. Philly is getting most of its key players back Thursday, but I don't think that will stop Herro from scoring 24 points. He has a 36.1% usage rate with the aforementioned players off the court, averaging 23.7 shot attempts per 36 minutes.
I was shocked to see the Hornets as 8.5-point dogs (+295 to the ML) to the Raptors. The Raptors have not been good. They've had the ninth-easiest schedule and are 2-8 with a -1.4 net rating. Meanwhile, the Hornets have had the sixth-most-difficult schedule and are 6-6 with a -0.1 net rating. Basketball-Reference's Simple Rating System suggests that on a neutral court (which Tampa Bay is, by the way), the Hornets should actually be favored by a possession. I know the Raptors aren't this bad, but I think the Hornets might be this good, and the spread is just far too big.
Joe Bartel:(2:00 PM ET DraftKings) Taken from my DraftKings Sportsbook Thursday edition, I'm targeting the over on OG Anunoby's 19.5 PRA (+100). The Hornets allow the most 3-point attempts to small forwards in the league by a considerable margin and the fourth-year forward has been jacking up more threes than ever. He's still a critical factor defensively which matters even more assuming Gordon Hayward (hip) plays which should afford him plenty of minutes Thursday. There's enough rebounds/assists production built into Anunoby's averages that I'm comfortable taking plus money as opposed to just the points (o/u 11.5, -110).
If you want to take big risks and get big returns on your bets, then online baseball parlay betting is what you are looking for. 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. In those two sports, a two-team parlay pays a fixed ratio of about 2.5 to 1; three-team pays about 6-1, and so on. In this sports it's different because there are different baseball money lines on different games.
* Please see illustration below to help understand parlay bets, text explanation follows.
The best way to show how baseball parlay bets are calculated is to use an example. You want to bet on two different games:
NBA ML Parlay Calculator: Instead of buying lottery ticket parlays, just check if you are getting value with a simple to use calculator (input choices, output the odds you should be getting so shopping lines is easier). NFL: Super Bowl 55 Betting Update NFL: SB 55 Novelty Prop Predictions HORSES: Friday's Action & Picks PODCAST: Great Dane Nation PODCAST: Super Bowl Analysis BetMGM Super Bowl Bonus FOX BET SB55 Bonus Promo NFL: Super Bowl 55 MVP Best Bets NFL: Super Bowl 55 Betting Angles NFL: SB 55 Penalty Breakdown NFL: Hot & Not Report - Bucs vs. Chiefs NFL: Super Bowl Parlay Predictions Sports Betting.
- Boston Red Sox (+120) vs
- New York Yankees (-200)
– And –
- Mets (+140) vs
- Phillies (-140)
Let's say you are betting that Yankees and Mets will win in their respective matches. For you to win this parlay, both teams must win. If either Boston or Phillies win (or both), then you will lose the bet. So, let's say that you are betting $200 on this parlay. If Yankees win, $200 becomes $300 in total ($200 bet + $100 won). Then, if the Mets win, that $300 becomes $720 ($300 bet + $420 won). This way a bet of $200 will win you $520 total ($750-$200)! It's very unlikely to get this type of a return on other types of bets. On the other hand though, if either Boston or Phillies win (or both) then you will get $0.
If you were to bet on more teams increasing your parley to 3 or 4 or 5 or even more teams, then you could get even larger returns. However, be careful as the risk of losing the bet increases with bigger parlays.
Baseball Parlay Gambling Strategies
When it comes to calculating the amount that you can win from your parlay, you don't always have to do the math if you don't want to. An online betting sportsbook will usually show the total amount that you can win once you type in your desired bet amount. There are also many free online baseball parlay-betting calculators that can help you do the math.
Some baseball bookmakers out there might recommend you not to bet on any parlays as they are considered 'sucker bets'. That is, as we mentioned above, they are usually fixed odds. However, that is not really the case with baseball as it is one of the few sports where, if you know what you are doing, you can actually make some good money on parlay betting. This is because, from a mathematical standpoint, the odds shouldn't be disadvantageous or advantageous for you. So, if you follow baseball and do your research of the teams, then parlays could be something to consider.
Sometimes it makes sense to bet on baseball parlays when you want to make a small bet and simply do not have enough money for multiple bets. If you do get lucky, that small bet could increase significantly. However, if you are not on a budget then it might be a good idea to bet on multiple money lines rather than baseball parlays. You might actually have better odds to win, as you will be taking on less risks. That is, if you lose a few of your bets but win the majority of them then you can make a profit.
Another baseball parlay betting strategy we can give you is to not bet on too many parlays. Statistically it gets increasingly less likely that you will win the more parlays you bet on. Some bettors prefer to stick to 3 to 4 team parlays and to not go over 5 team parlays as the chances of winning those are usually slim.
This article is part of our Handicapping the NBA series.
It's the Thursday edition of the RotoWire NBA Gambling Roundtable. It's a relatively small five-game slate, so things are a bit easier to sift through than usual. Still, nothing can ever be normal this season. Heat at 76ers is ravaged by COVID-19-related absences again, and the Rockets just had a wrench thrown into their plans with James Harden now on the Nets, plus John Wall and Eric Gordon also sidelined.
Alex Barutha: Tyler Herro over 23.5 points (-110) vs. PHI – FanDuel, 1:44 PM CT and Hornets (+8.5, -110) over the Raptors (DraftKings, 2:01 PM CT)
The Heat remain without Jimmy Butler, Bam Adebayo, Goran Dragic, Kendrick Nunn and other core pieces for Thursday's game against the 76ers. During the first matchup of this two-game series, Herro played 39 minutes and scored 34 points on 26 shots during the overtime win. Three days earlier, he scored 31 points on 20 shots against the Wizards. Philly is getting most of its key players back Thursday, but I don't think that will stop Herro from scoring 24 points. He has a 36.1% usage rate with the aforementioned players off the court, averaging 23.7 shot attempts per 36 minutes.
I was shocked to see the Hornets as 8.5-point dogs (+295 to the ML) to the Raptors. The Raptors have not been good. They've had the ninth-easiest schedule and are 2-8 with a -1.4 net rating. Meanwhile, the Hornets have had the sixth-most-difficult schedule and are 6-6 with a -0.1 net rating. Basketball-Reference's Simple Rating System suggests that on a neutral court (which Tampa Bay is, by the way), the Hornets should actually be favored by a possession. I know the Raptors aren't this bad, but I think the Hornets might be this good, and the spread is just far too big.
Joe Bartel:(2:00 PM ET DraftKings) Taken from my DraftKings Sportsbook Thursday edition, I'm targeting the over on OG Anunoby's 19.5 PRA (+100). The Hornets allow the most 3-point attempts to small forwards in the league by a considerable margin and the fourth-year forward has been jacking up more threes than ever. He's still a critical factor defensively which matters even more assuming Gordon Hayward (hip) plays which should afford him plenty of minutes Thursday. There's enough rebounds/assists production built into Anunoby's averages that I'm comfortable taking plus money as opposed to just the points (o/u 11.5, -110).
Scoresandodds
Ken Crites: Wow, COVID really makes predicting NBA outcomes extra interesting. It's 1:56pm EST, and I'm looking at the Heat at Sixers game, Round 2. There could anywhere from 12 to 19 players OUT for this game, much like Tuesday's matchup. I'm taking the Miami Heat, +10.5 pts.
Yes, Jimmy Butler and Bam Adebayo are both OUT again for Miami. But on the Philly side, Seth Curry is OUT and Joel Embiid, Tobias Harris and Ben Simmons are all probable. Things look awfully lopsided for the Sixers. But this same matchup, with the same players out for Miami, resulted in a close overtime game Tuesday.
Ml Parlay Calculator Chart
Do I think Miami will win this time? No, of course not. But +10.5 points is just too tempting. We know coach Erik Spoelstra's team will play hard and will be well coached for the match-up. I'll also take the over on Precious Achiuwa scoring 13.5 points(FanDuel). Expect another 30-plus-minute run for Achiuwa.
Money Line Parlay Odds Calculator
Nick Whalen: Jaylen Brown to win Most Improved Player (25/1 at DraftKings Sportsbook)
How To Calculate Parlay Payout
I don't love the board for tonight's smaller slate, so let's take a look at the futures market. Brown lost a little steam with Boston's last three games being postponed, but at 25/1 I'm still very comfortable betting him for MIP. Through 10 games, Brown is averaging 26.3 points, 6.2 rebounds, 3.5 assists and 1.7 steals, while shooting 54 percent from the field and 42 percent from three. His overall field goal percentage will eventually regress, but the rest of Brown's production feels sustainable. He's even cooled off a bit since putting up 28.0 points on 59 percent shooting over his first seven games.