The name comes from round robin tournaments where each team in the tournament plays against each other at least once. If there are a number of betting lines moneyline bets, spread bets, totals bet, etc. Construct a number of smaller parlays to include all possible combinations of events. Option 1 described above is a traditional parlay, while Option 2 is a round robin. It all depends on the combinations you want to bet on, and the size of the parlays you wish to make.
Round robin betting will affect your payout, but it also increases your chances of success. Round Robin Betting a Great Strategy? As a hedge, round robin bets are an excellent way to minimize your losses without hurting your potential payout too much. Round robin bets are an excellent way to minimize your losses without hurting your potential payout too much.
Think of round robin betting as a security policy that still has the massive payout of a parlay. How to Construct a Round Robin Bet Round robin bets require you to create at least three separate parlays with at least three different lines. Round robin betting allows you to create a security policy — you remain profitable even if one leg of the parlay fails. If only the Nets failed to cover the spread, parlay 2 involving only the Cowboys and the Rangers would be a winner.
If the Cowboys fail to cover the spread and both other events succeed, your parlay 3 with the Nets and Rangers would net you some cash. Select at least three bets, go to the digital bet slip section and find an option for round-robin. From there, there are several more options and terminology to go with it. Advertisement The names vary, but the number of bets in each parlay will usually be in the title.
In the case of a four-bet round-robin is the four-bet parlay, all three three-bet parlays and all six two-bet parlays. Any betting screen should show the number of bets being placed in the round-robin so that it can work as a way to check that you clicked on the right option.
Round robins are more complicated and can be confusing, but give bettors another way to try to hit big, like with a parlay, but with less chance of winning nothing. Get all-access to exclusive stories. Subscribe to The Athletic for in-depth coverage of your favorite players, teams, leagues and clubs. Try a week on us. Dan Santaromita is a staff editor for sports betting at The Athletic.
He is a University of Missouri graduate who resides in Chicago.
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