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Baseball Parlay Calculator

BASEBALL PARLAY
CALCULATOR
Enter the price of each game you are betting. Enter a favorite using the line with a minus (-) sign at the beginning. Enter dogs by using just the price, no + is necessary. Leave a "0" in each box which will not be factored into the parlay. Enter the amount of your wager in the box next to "Wager", and click on "Show me the Money". The payout amount of a winning parlay wager will appear in the box next to Parlay Payout.
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Wager:
Parlay Payout:
 
The total payout on the bet is the sum of the wager + parlay payout.

*Always check parlay odds with multiple sports books for best value.


Formula to Calulate Parlay Payoffs

When a Moneyline is used in a parlay, such as for Baseball, there is no set payoff. Instead, 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.

1. If the Moneyline is a dog (+) add 100 to the Moneyline and divide by 100.
2. If the Moneyline is a favorite (-). Divide the moneyline into 100.
3. Multiply the amount of the wager by the numbers generated by the above formulas.
4. Subtract the amount of the wager to arrive at the parlay payoff

Example: $50 parlay Yankees -135 Cardinals +220

  1. (+) 220 + 100 = 320 divided by 100 = 3.2

  2. 100 divided by (-) 135 = 0.74

  3. $50 x 3.2 x 0.74 = $278

  4. $278 - $50 = $228 payoff

5. Use the same formula for any number of teams up to 10.

  

 

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