MLB Best Parlays

MLB parlays

We are coming in hot. Our first parlay of July is based on a victory. Last week, we nailed a three-leg parlay to end June and we’re looking to keep rolling!

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Parlay: +368 odds → $100 = $468.25

New York Mets @ Cincinnati Reds

July 4 @ 6:40 P.M. (EST), Great American Ball Park

Kicking off the fourth of July festivities, all we need is a victory from the Mets. Normally, I would not recommend a Moneyline wager like this because I don’t like the value as an individual play. However, to open this BetPicks MLB parlay, I think this is the perfect wager.

Hunter Greene gets the nod for the Reds and while he doesn’t have much run support, Greene doesn’t help himself on the mound. The RHP is sporting a 5.72 ERA this season with a 1.34 WHIP. The Mets could improve with their starting pitching but Taijuan Walker has been lights out on the mound. He is 6-2 with a 2.72 ERA, fanning 52 hitters this season.

Defensively, the Mets are one of the better teams in the league, while the Reds struggle to complete games without an error. Tack on the fact that New York can explode with offense and the Reds have no one menacing at the dish and I think New York takes this game.

Cincinnati have won several games this season but I don’t see them taking down the Mets. My expert MLB pick for this contest will be the take the Mets’ Moneyline (-175).

St. Louis Cardinals @ Atlanta Braves

July 4 @ 7:20 P.M. (EST), Truist Park

St. Louis and Atlanta have two high-scoring teams but for the second leg of this parlay, we’re going to focus on the Run Line.

What’s challenging about St. Louis is that they are inconsistent. With players like Goldschmidt and Arenado in the lineup, the Cards can be deadly. However, they struggle with consistency and manage to throw up goose eggs on the scoreboard at times.

Despite that, I think taking the Cardinals +1.5 offers the best value for this game. The Cardinals are a higher-scoring team than Atlanta (albeit only slightly). As well, pitching will be a huge factor in this game. Kyle Wright starts for Atlanta but I am not sold on him. Yes, he owns a 9-3 record but his 3.03 ERA is a tad high. He is having a career year but that doesn’t mean he will continue to dominate.

Dakota Hudson starts for St. Louis and he will need to be efficient. I don’t trust the Cardinals’ bullpen. However, I do trust that St. Louis can perform at the dish (and recently they have in Atlanta), which leads me to believe the Cardinals can cover.

The second leg of this pick focuses on the Cardinals. We’re taking the STL Run Line +1.5 (-140) for this parlay.

Toronto Blue Jays @ Oakland Athletics

July 4 @ 9:07 P.M. (EST), Oakland Coliseum

Ending this MLB free parlay, we’re turning our attention to teams that have a wild history with one another. From classic games to franchise-shaping trades, the A’s and Jays are on opposite ends of North America but are tight.

With that being said, I think taking the Toronto run line will be your best bet for the final leg of this parlay. Toronto are struggling but a change of scenery may do wonders for the bluebirds. As well, the Athletics have had nothing going for them recently.

Alek Manoah gets the nod for Toronto. The RHP is 9-2 with a 2.09 ERA and is in contention for the Cy Young, so the struggling Oakland squad will need to be perfect in this game. LHP Cole Irvin starts for the A’s and while his numbers are decent for a pitcher on a struggling team, his WHIP of 1.22 could be improved on.

From top to bottom, Toronto are the better team than Oakland. Yes, the Blue Jays are struggling recently but I think a change of scenery will benefit them. And there is no better way to improve than taking down one of the worst teams in baseball.

To end this parlay, we’re taking the Toronto Run Line -1.5 (-135).

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Parlay: +368 odds → $100 = $468.25

What is MLB Parlay Betting?

Major League Baseball is one of the most popular American sporting leagues, and the sport garners a lot of attention from Canadian bettors. If you’ve spent a lot of time betting on sports, then you’ve probably come across this exciting form of betting. If you’re unfamiliar with parlays, then we’re here to explain MLB picks and parlays and what they’re all about.

Parlay bets allow you to combine multiple bet picks into one multi-legged wager and benefit from higher, multiplied odds. MLB picks and parlays are placed only on games within Major League Baseball.

The pitfall of MLB picks and parlays is that they’re not easy to get right. For a parlay bet to succeed, all leg bet picks need to hit, or the total bet collapses. Ensuring that you know everything you can about the game, the types of bets you can include, and how to build a strong parlay, is imperative.

How to Bet on MLB Picks and Parlays?

The trick to MLB picks and parlay betting is to know how to build them successfully. Identifying a few key guidelines for your bets before you start will set you on the path to a winning combination.

One of the first factors you should consider is how many legs you are comfortable betting, remembering that the more legs you have in the parlay, the greater the chance of the whole thing bombing out.

The second factor to consider is which types of bets you include in your parlay. Choosing bets that tie together is a good idea; for example, if bet A hits, then it makes it more likely that bet B will too and so on. Let’s take a look at some types of MLB parlays.

MLB Straight-up Win Parlays

Just as it sounds, this bet combines betting legs on winning outcomes of multiple games. Also referred to as Moneyline bets, make your picks for the winners of the next few matches, and if they win, enjoy the spoils of multiplied odds.

A Straight-up win parlay based on three outright winners at 2:1 odds, 3:1 odds and 2.2:1 odds would resemble this:

BetBet TypeOdds
Team AMoneyline2.0
Team BMoneyline3.0
Team CMoneyline2.2
Total Odds13.2
Total StakeCA$10.00
Est. Total ProfitCA$132.00

MLB Overs/Unders Parlay Bet

In an Overs/Unders Parlay, you’re betting that the score of your chosen games will either be over or under a predetermined score. An overs/unders parlay would look like this:

BetBet TypeOdds
Over 10
(Team A vs. Team B)
Over 15
(Team C vs. Team D)
Over 20
(Team E vs. Team F)
Total Odds12.96
Total StakeCA$100
Est. Total ProfitCA$1,296.00

MLB Runline Bets

In any other sport a runline bet is referred to as a spread. Your bet is placed on a certain team to win or lose by a specific margin.

GamesBet TypeOdds
Team A
(Win by 5)
Team B
(Win by 3)
Team C
(Lose by 5)
Total Odds23.21
Total StakeCA$100
Est. Total ProfitCA$2,321.28

MLB Parlay Odds

Parlay odds are calculated by multiplying the decimal odds on each leg bet together. If you have American odds, you’ll need to convert them to decimal format before you can calculate your parlay odds; here’s what you’ll do:

  • Negative value odds: If you have American form odds at -250, then it means that to win CA$100, you’ll need to bet CA$250, for a total payout of CA$350. Your decimal odds can be worked out by dividing the final payout by the stake: 250/100 = 2.5.
  • Positive value odds: With positive American odds of +320, your initial stake of CA$100 can win you CA$320, for a total of CA$420. Dividing the total payout by the initial stake will get your decimal odds – 420/100 = 4.2.

Once you have calculated your decimal odds for each parlay leg, multiply them to calculate your overall MLB parlay odds.

Best MLB Parlay Betting Markets

Baseball scores are notoriously volatile, and a team that scored 12 runs in one game can completely tank in the next. Choosing the kinds of bets you include in your parlay wisely can make the difference between winning and losing. The main MLB parlay markets are over/unders, moneyline, and run-line bets.

  • If you’re a novice at parlays and don’t have much experience with MLB betting, then it’s a good idea to stick with simple, 50/50 type bets with either/or options like an over/under or Moneyline bet. Try to research recent performance to gather as much info as possible before placing your parlay.
  • More experienced MLB Parlay bettors can place parlays with a mixture of betting markets and niched options that require a deeper knowledge of the game, the teams and players.

MLB Parlay betting tips and strategies

No matter the type of bets you’re making, having a few rules and strategies in place to keep you on track and prevent rash decisions is always a good idea. Here are some tips I find useful when placing MLB Parlays.

  • Combine favourites – Single bets on favourites offer very little reward as the odds are reduced. Combining favourites into a parlay will make the payout much more attractive while keeping your risk low.
  • Don’t be tempted by crazy odds – If insanely large odds are offered on a bet, then chances are the team is a proper underdog, and your chances of winning are minuscule. Including a bet like this in your parlay could collapse the parlay barring an extreme upset.
  • Don’t overcomplicate your bet – The more legs, the more working parts that can fail and bomb your parlay. I’ve found three or four legs to be manageable and safest.
  • Look for the best odds and boosts – Place your MLB parlays with the bookie offering the best odds or find one giving you odds boosts. We’ve found this strategy to be very successful in raising the payout on an otherwise low-paying bet.

How to build an MLB parlay betting strategy?

If you’re anything like us, your mind overanalyzes things to the point where you become confused or unsure of your bets. We’ve found that having a parlay betting strategy helps prevent this and stops me from making last-minute changes and bad decisions.

You may prefer to shoot from the hip and choose favourites on the day, but we’ve found it very useful to research the teams and their recent performance before making any MLB picks and parlays. As MLB is so volatile and streaks play such a big role in the outcomes, over strategizing can be detrimental, so try to find a good balance.

Once you’ve done your research and made your picks, place the MLB parlay and leave it. You’ll avoid last-minute changes and panic betting by doing this.

MLB Parlay Calculator

To calculate your parlay payouts, you simply multiply your stake by the parlay odds. The parlay odds are worked out by multiplying the individual odds of each leg. For example:

Leg 1 – 4.0
Leg 2 – 2.2
Leg 3 – 3.1

Parlay odds = 4.0 x 2.20 x 3.1 = 27.28
Parlay Payout = CA$100 x 27.28 = CA$2,728
Profit = CA$2,728 – CA$100 = CA$2,628

If you’re not up for calculating your odds using the above mentioned method, then many bookmakers offer a handy parlay odds calculator that will do all the heavy lifting for you. All you need to do is enter your odds from each leg of the bet and the stake, and you’ll get a projected payout if all bets hit.

Statistics to Look At

Your bookmaker will provide some top picks and tips to help you build your MLB parlays; some will even have a section for the best MLB parlay picks for today. They will also provide a lot of game, team and player stats to help inform your picks. When strategizing, some things to consider are starting pitching stats, bullpen stats, offence, and streaks. Including these stats in your decision-making process will allow you to get a complete picture of how the teams have been performing recently and place bets that are more likely to win.


What should I include in a parlay?

While you can have anywhere from two to 10-12 legs in a parlay, we recommend keeping it between two and four.

Can I make same-game MLB Parlays in Canada?

Yes, same-game parlays were legalized in Canada in August of 2021.

What markets can I include in an MLB parlay?

You can use diverse markets to build a parlay; the most popular ones for MLB parlays are over/unders, moneyline, and run-lines.

Are Parlays worth it?

While Parlays do carry more risk, they also offer higher payouts. You can make parlay betting worthwhile by using strategy to build strong bets.

How do parlays have such high odds?

Parlay odds are worked out by multiplying the individual leg bet odds together. This increases the size of the odds dramatically.


Parlays can be risky bets to make because of how easily one failed leg can tank the whole bet. But considering the potential reward from the multiplied odds, the risk is often worth taking. Doing proper research so you can be confident in your bets goes a long way to mitigate that risk. You can check out our website for the best free picks and parlays in MLB.

have always wanted to be a writer and sports are my favorite thing in the world, so I combined the two to make a career. I have been a long-time gambler and sports betting writer that isn't afraid to look at the underdog or specials. I am covering the NHL, MLB and NCAA Football for and am a huge fan of both sports - as well as many others. Follow me on Twitter (@Patrick_Trudeau) so we can talk betting, sports, or why ketchup DOES belong on Poutine.