Baseball Parlay Odds

Parlay odds make it that you can get a lot more for your $10 than betting just on the Raiders to win. The risk is greater – but so is the potential payout. How do Parlay Odds Work? These kinds of wagers can include just two legs or increase in size – depending on your bookmaker – to whatever you want to include.

How does a Parlay work?

1. The 2020 MLB season has been released with a shortened 60 game schedule beginning on July 23rd. This MLB Vegas Odds page will be updated daily with money line betting odds on each game, including baseball odds from Las Vegas sportsbooks such as Westgate Superbook, Circa Sports, William Hill, and MGM.
2. A parlay is a single bet that links together two or more individual wagers for a high payout. A 2 team parlay might pay 13/5, a three team parlay might pay 6/1, a four team parlay might pay 10/1, and so forth with the payouts getting higher with more teams or totals selected. For a single bet, 2 to 8 teams or totals can be selected.
3. Whether you’re looking for a single Moneyline pick or a KBO parlay for Wednesday’s action, we’ve got you covered. Please gamble responsibly when following our Korean Baseball predictions and picks. KBO betting odds. Here are the KBO betting odds for Wednesday, October 21st courtesy of FanDuel sportsbook. Lotte Giants (-118) @ SK Wyverns.

Select as few as two or as many as fifteen teams and combine them in one wager. All selections must win for your parlay to be successful. You can combine spreads, totals and moneylines.

What are the advantages?

The benefit of the parlay is that it gives a much higher payoff than if you were to place each bet individually since it’s harder to win all your selections.

Conditions:

• If there is a tie or no action, the parlay reverts to the next lowest number for pay-off, for example: if you select 4 teams and one of those ties, it becomes a 3 team parlay. A tie and win on a 2 team parlay pays out as a straight bet.
• You cannot combine ‘connected’, ‘dependent’ or ‘correlated’ events in the same parlay.

Payout Table:

The odds quoted in the pay-off table below only hold true if all selections in the parlay are at the standard price of -110 (football and basketball spreads and totals).
Variations in the prices will cause variations in the pay-offs.

Calculating a Parlay:

If the odds in the parlay are not all -110 then the (true) parlay odds are calculated according to the different prices. This is done by multiplying the prices of the selections together, but remembering to include the stake amount. Let's assume you place a $10 parlay on 2 selections, with odds of -180 and +250. The calculation to work out your return is as follows:

First of all, convert the odds into decimal format (just use our decimal format option to view your odds):

With ‘favorite’ prices (denoted by a – (minus) sign):

100/180 = 0.556 and add 1 (to include the stake) = 1.556

With ‘underdog’ prices (denoted by a + (plus) sign):

250/100 = 2.5 and add 1 (to include the stake) = 3.5

Then, to find your total potential return, multiply these odds together and with the stake: 1.556 x 3.5 x $10 = $54.46

Progressive Parlays

A Progressive Parlay is very similar to a normal parlay but, in exchange for not getting as big a payout for picking a perfect combination, you are getting insurance for those occasions when one or more of the teams in your parlay loses.

These can be between 4 and 12 teams but you can onlychoose point spreads (no totals or moneylines). In these parlays you can lose games and still win the bet because the payouts are lower.

4 - 6 teams... you can afford ONE team to lose/push
7 - 9 teams... you can afford TWO teams to lose/push
10 - 12 teams... you can afford THREE teams to lose/push

The Progressive Parlay Payout Table

Below the table in American Odds:

Please note that Progressive Parlays also differ from regular parlays in the following ways:

• Progressive parlays are not available for MLB, NHL or money-line wagers in football or basketball.
• In a Progressive Parlay, a push or a tie is considered a loss for that selection. However, if a selection has no-action (due to postponement or cancelation), the bet will revert to the next lowest progressive parlay for payoff, except in the case of a 4 team progressive parlay where it results in a no-action on the whole parlay.

Round Robin Parlays

How a Round Robin Parlay works:

Make between 3 and 6 selections and wager on some or all of the possible parlay combinations in one go. Each of the parlays comprising the Round Robin is a separate wager.

You can combine spreads, money lines, totals and different sports in Round Robin parlay bets.

Example:

A three-team Round Robin bet for $10 placed two-ways would consist of all the two-team parlays that can be made from the three teams selected. Taking the Colts, the Eagles and the Giants (all to cover the spread) two-ways, you would be creating three separate two-team parlays and the total cost of the bet would be $30:

With the above example in mind, you also have the option to place a three-way Round Robin side bet to increase your potential payout (a three-team parlay including all three teams). If you wish, you may risk a lower amount on this 3-way bet, as it may be harder to win:

With the selection of 4, 5 or 6 teams, further combinations are possible:

To place a Round Robin Parlay please follow these steps:

1. Log-in to your account
2. Choose the sport type on which you wish to bet
3. Add your selection(s) to your betting ticket by clicking/tapping on your selected odds/prices on the betting card
4. As soon as you have made at least three selections Round Robin Parlay will appear on the Parlay tab visible at the top of the betting ticket.
5. Choose the required parlay combinations (2, 3, 4, 5 and/or 6-way) and the amount you would like to wager on each group of combinations.
6. Review your selection(s) again before clicking/tapping PLACE BET.

The table above illustrates the possible number of combinations for the different sizes of Round Robin. It is not obligatory to choose all combinations.

Furthermore, it is possible to vary the amount risked on each group of combinations. For example, if you are making a 4 team Round Robin with 2-way and 3-way combos, you may wish to bet a higher amount on the 2-way combos which are easier to hit and a lower amount on the 3-way combos in which it would be harder to be successful.

The total value wagered and total potential payout will be displayed on the summary on the lower right hand side of the window. Once you have submitted your wager, a range of Bet IDs will be provided. Please make a careful note of the range for wager tracking purposes. (Please note: Bet IDs within the range may not necessarily be sequential).

All Sport Parlay Wager

The All SportParlay Card (also known as a Cross Sport Parlay Card) offers the opportunity to place a parlay bet on a variety of different sport-types including US and non-US sports. Log in to your account and click on PARLAY CARDS > All Sport Parlay Card to display all the lines we're currently listing for use between sport types.

Alternatively, you may also be able to parlay events which do not appear together in the same parlay card. For example, bet soccer and baseball in the same parlay. Or parlay the 1st half lines of an NFL game with a boxing match.

To do this, simply add to the betting ticket the line of one of the events you would like to parlay, let's say a boxing fight, from the BOXING + MMA section of the site, then go to theNFL area and add to the betting ticket the first half line you want, if they can be parlayed the system will show the option to do so in the betting ticket.

You will not be given the option to buy points on US football, basketball spreads or totals. The maximum bet allowed depends on the prices of the selections in the parlay. You can find out the maximum you can lay by clicking the max bet button. Events available on the All Sport Parlay Card may vary depending on the day and time.

Note: Management reserves the right to limit the maximum amount wagered prior to acceptance of any bet.
No parlay wagers can be accepted where individual wagers are 'connected', 'dependent' or 'correlated'. For further details, check 'correlated events'.

Super Bowl 55 Parlay Analysis

There was plenty of traction on this piece a year ago, and while the selection (Kansas City and Over) ended up landing a couple of points short. Didn't discourage me from taking another crack at it this year, as we've got the Kansas City Chiefs involved once again.

Last year's Favorite-Under result marked the 12th time that correlation has landed for a Super Bowl, as all the rest of the history hasn't changed from last year's numbers.

Super Bowl Over-Under Correlated Parlay Results

Favorite-Over: 15 times
Favorite-Under: 12 times
Underdog-Over: 10 times
Underdog-Under: 13 times

That's the good news on my end as this year's entry can be much shorter, as jumping right past the historical part of things and down to the individual results by both franchises in the 2020 season.

2020 Season Breakdown

Kansas City ATS Win-Over: 4 times
Kansas City ATS Win-Under: 4 times
Kansas City ATS Loss-Over: 4 times
Kansas City ATS Loss-Under: 6 times

Tampa Bay ATS Win-Over: 5 times
Tampa Bay ATS Win-Under: 6 times
Tampa Bay ATS Loss-Over: 6 times
Tampa Bay ATS Loss-Under: 2 times

Depending on a couple of numbers with Kansas City spreads and totals – most notably the Chiefs/Saints game which is graded at -2.5 or -3 out there – there may be a push or two in KC's category, but nothing egregious in that these things results should always be treated as support, not gospel.

However you look at it though, there does seem to be two stronger correlated results at play for this game, depending on who you like to win the game.

Super Bowl 55 - Most Viewed Stories

Remember, in the previous 13 Super Bowls that were actually regular season rematches, the point-spread hasn't mattered once (13-0 or 12-0-1 ATS for eventual winner depending on if you're using -6.5 or -7 for the 1999 St Louis Rams), so even flipping the ATS side out for a ML correlated parlay is an option this year, if it's available to you.

But let's walk through each potential option here for the 37 total games these two teams have played, even with one of those being a head-to-head outcome that ended up going Underdog-Under in that 27-24 Kansas City win, as Tampa covered the +3.5 through the backdoor, and the 'under' never really approached sweat territory.

That's probably a good place to start.

Option #1: Underdog-Under (Tampa Bay +3 - Under 56)

This would be the clear cut side for those bettors that are favoring quarterback Tom Brady and the Buccaneers this week, as combining those specific results for the two respective teams (TB ATS win-under= KC ATS loss-under) comes up with the largest total of any option: 12.

The majority of 'under' tickets that cashed in Chiefs games this year came when KC failed to cover the spread, and the question of whether or not some of that has to do with the Chiefs “letting up” and letting all those opponents through the backdoor for all those weeks in a row has to at least be considered when looking at those results.

But combined with the slight edge Tampa had to the 'under' in their ATS wins (6 times), and this being the exact result we saw in the first meeting, there is plenty to like here.

Any Tampa SU victory is probably going to come on the backs of some strong defensive play by the Bucs, in whatever fashion that arrives. Whether it's through turnovers, or 3rd down sacks forcing punts etc, no matter how an 'under' bettor wants to get there with even an individual 'under' bet, a strong day by Tampa's defense is probably needed.

Baseball Parlay Odds Calculator

Now expecting the exact same ATS and total result in a rematch can be tough to be on board with, which is something I'd definitely have trouble with here, and it's not like the Bucs couldn't go out and win a high scoring game in this Super Bowl.

Tampa's scored 30 or more in all three of its playoff wins and in six straight games overall. They've only played a total of seven games since losing to Kansas City earlier in the year, so it's almost like Brady and Tampa knew they'd have to kick offensive production into high gear if to get here and possibly get another shot at Mahomes and the Chiefs.

Both are right in front of Tampa now, and with how many points their offense has put up in those past six games (35.6 points per game) has to bring pause to any 'under' look as well.

Option #2: Underdog-Over (Tampa Bay +3 - Over 56)

All those points Tampa's been putting up is part of what 'over' bettors are leaning on for this game, and as a combined number from both teams this year, that option comes in 3rd place with 9 total occurrences.

This would be the option most who like Tampa to win the game would land on I believe, simply because of the general consensus out there that the only way to beat Mahomes and the Chiefs is to outscore them in a shootout. It's how the Raiders did it earlier this year (40-32) and even KC's most recent two losses a year ago followed a similar script.

Tampa's had a few solid wins of this nature already this year, including out scoring that same Raiders (45-20), in the Raiders very next game following that win over the Chiefs. Talk about another thing falling into place for Brady and the Bucs this year, as they even catch non-conference foes in huge letdown spots after big wins like that.

The most notable Tampa win that fell in this category though was beating Green Bay in the NFC Championship, although three 2nd half interceptions from Brady and some questionable decision making by the Packers helped that result get to the finish line too.

But sitting in third out of four potential options in the tallies for these teams this year, and the general consensus being any upset win for the Bucs is likely going to have to come in a high-scoring game, not sure I could fully get behind this option at all.

It could easily happen, but definitely wouldn't be the first choice.

Option #3: Favorite-Under (Kansas City -3 - Under 56)

A Tampa-Over correlated parlay might not be my first choice, but I do know that my last choice would probably have to be this one and the history supports it.

The combined total of this result is the lowest of any four options (6), and it would also mean that one thing would have to happen that I'd have a hard time getting behind; the Chiefs defense completely keeping Tom Brady and the offense in check.

Never mind the notion that Tampa will benefit from the possibility of more flags being thrown on their opponent, or even the six straight games of scoring 30+ for the Bucs offense. Both of which are valid points to stay away from this kind of correlated play.

But this is yet another high stakes matchup throughout the careers of QB Tom Brady and KC Defensive coordinator Steve Spagnuolo, and Brady's too much of Spagnuolo's schemes/defenses not to be well prepared for this game.

Spagnuolo was a defensive coach on Andy Reid's staff in Philadelphia in the early 2000's when the Eagles were making all those NFC title games, only getting to the Super Bowl once and losing to Tom Brady.

Spagnuolo then moved on to become the defensive coordinator for the New York Giants in 2007, learning from his mistakes in that NE/Philly 2004 Super Bowl as a defensive assistant to become the architect who ended Brady and New England's perfect season.

Football Parlay Bet

There have been a few other stops along the way for these two, but most recently it's been these battles these past two years with Brady vs KC, as Spagnuolo became the DC there in 2019.

I know that if I was Brady in that historical timeline, I'd never forget about the guy who schemed up the plan to prevent me from making history like being the 2nd team ever to have a perfect season.

And outside of a slow 1st half in the regular season meeting this year, Brady's offenses haven't had a problem scoring on Spagnuolo's defenses for the most part since that 2007 Super Bowl. At least not when Brady's had the caliber of weapons that he has at his disposal this year.

Brady's seen it all from this guy from a scheme perspective, and if he and Tampa execute correctly and efficiently, then, backing this correlated side is rather hard to get behind.

Tampa's going to get their points in my opinion, and for this Favorite-Under correlation to hit, both defenses are going to need to play lights out and hold down both of these QB's. Not something I see happening too often either.

Option #4: Favorite-Over (Kansas City -3 and Over 56)

The other half of any locked in 'over' belief here comes in as what had the 2nd best tally of the bunch (10) for both teams this year, as KC split 4-4 O/U in games that they covered the number, but games that Tampa failed to cash an ATS ticket, the 'over' connected in six of eight tries.

Leaning on that (75%) result isn't going to be hard for most to do given it means cheering for plenty of points from Mahomes and company, and with it being the best correlated result in Super Bowl history over the years still (15 times), the more support the better.

But while public percentages and that type of handicapping approach aren't nearly as useful for Super Bowl betting, the idea that this option feels like the “squarest of the bunch” doesn't particularly sit right.

I think given that the majority of those 10 combined results for this approach came in higher scoring games that turned out to be Tampa Bay ATS losses, maybe going the KC team total 'over' route may be the better option to sharpen those edges around that square, although you wouldn't be able to parlay the two together in all likelihood.

Couldn't fault anyone for going with this option with all things considered, it's just not the one for me.

Super Bowl 55 Parlay Prediction: Tampa Bay-Under