While we wait for the MLB season to start up again, here’s a breakdown of MLB parlay betting.
What is an MLB Parlay Bet?
An MLB parlay bet is two or more baseball bets combined in a parlay. A parlay is a bet with two or more legs that has an exponentially higher payout than taking each bet straight up. To win a parlay, every one of your selections must win. If one loses, the whole parlay loses.
While they can be risky, the payouts for parlays can be very high and profitable, especially if bettors line shop and select mathematically profitable lines.
An MLB parlay is simply a parlay consisting of baseball bets. The selections can range from moneylines, run lines, totals or player prop bets. There are also same-game parlays, in which bettors can choose multiple selections from one game. Sports bettors often select the winner of the game and their favorite player to record a hit or a home run.
Remember, use mathematically profitable bets in your parlay with OddsJam to ensure a long-term profit.
How to Bet on MLB Parlay Bets
Betting on parlays is typically what the sportsbooks want players to do, as they have much higher odds of losing than a straight bet. However, parlays can be very profitable for sharp bettors who line shop and ensure they are getting the best possible value out of each leg.
There are also profitable opportunities for parlays with sportsbook bonuses. Sometimes, sportsbooks will offer increased odds for parlays that make the bet more profitable, which can be a great tool for sharp bettors.
When betting on an MLB parlay, it’s important to do thorough research on each one of your bets. The best MLB parlay bettors are analyzing the statistics to best predict the outcome of a game, as well as other props like the NRFI (No Run First Inning) and home run betting.
Where to Bet on MLB Parlay Bets
MLB parlay betting is very popular and can be quite profitable if done correctly. Almost every major sportsbook offers parlay betting, as it’s one of the key components of sports betting. Here are a few sportsbooks that offer parlay betting:
Caesars
BetMGM
BetRivers
Unibet
DraftKings
FanDuel
PointsBet