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A Round Robin bet is a simplistic and time-saving way of online betting multiple parlay all at one time. In Round Robin bets, a bettor can select between three and eight betting lines and the combine them into betting parlays of two to six teams. Generally, this betting strategy comes with increased stake requirements, but this also begets the advantage Read More. Round robin bets are multi-team gambling wagers that are placed on sides or totals. Round robin bets are basically two team parlays on up to 10 teams. The combination of different sports betting parlays that is derived from your round robin bet is simply every possible combination of games. Round Robin Bets A round robin is a wager where selections are placed into all possible parlay combos. For example, 3-selections of A, B and C placed into a 2-team round robin results in three unique 2-team parlays of A&B, A&C, and B&C. Round Robin bets are essentially multiple parlay bets that are placed to minimize risk. A parlay bet is actually a series of bets placed on multiple games. The trick is that all of those bets need to be for winning teams in order for a parlay to payout, but the payout is much higher than three individual totals bets.
What is a Round Robin Bet?
The round robin is a 3 selection wager consisting of 10 bets: 3 doubles, 1 treble and 3 up-and-down single stakes about pairs.
This is an any to come if-cash bet that can be thought of as a trixie with 3 up-and-down single stakes about pairs added, also very similar to a patent. Each choice appears in 2 up-and-down SSA bets, 2 doubles and a treble. Should any single selection lose, the returns can change drastically. Try out different outcomes with the round robin calculator, as it can help with understanding how winnings change given different permutations.
One or more winning selections will guarantee a return from the round robin, which is one of the main advantages over a trixie bet, the disadvantage being increased stake requirements.
Round Robin Composition
The round robin is composed of the following parts:
| Part | Selections (1-3) | Number of Bets |
|---|---|---|
| Double | 12, 13, 23 | 3 |
| Treble | 123 | 1 |
| Up and Down SSA Pairs | 12, 13, 23 | 6 |
| Total: | 10 | |
Last Update: 6th August 2019
Also See
Round robin bet calculator - Enter the odds and bet details to work out your winnings with this free online tool.
What is an up and down bet? - Learn more about the if-cash up-and-down component of this wager. Explained, step-by-step, this guide covers both SSA and DSA styles of betting. An advanced topic that even experienced punter may need help with.
What is a treble bet? - An explanation of how the treble works, complete with step-by-step football examples in both winnings and losing scenarios.
Parlaying is one of the most popular forms of betting, particularly on the National Football League. A parlay bet allows you to wager on the outcome of two or more games on the same ticket. Of course, the catch is that all the games wagered on must be winners for you to cash in. That means higher odds, and higher risk.
One way to reduce that risk is through Round Robin wagering. Often overlooked, particularly by novice sports bettors, Round Robin wagering enables you to create multiple parlays on a single ticket. For example, what if you have found four really great NFL bets to lay a few dollars on this Sunday, as outlined below, but don’t know how to structure your wagers.
New York Jets
New England Patriots -10 (-105)
San Francisco 49ers
Seattle Seahawks -13 (-105)
Tampa Bay Buccaneers +3 (-105)
Jacksonville Jaguars
Denver Broncos
Kansas City Chiefs -3 (-105)
A winning four-team parlay bet on the Patriots, Seahawks, Buccaneers, and Chiefs would pay out handsomely, with a $10 wager winning $130 or more. But that requires all four picks to win, otherwise your bet is a loser, and it is time to start thinking about next Sunday.
With Round Robin wagering, those four picks can be combined into as many as six two-team parlays and four three-team parlays, thereby distributing your risk while still preserving the chances of a solid payout.
In the example above, each of the point spreads have odds of -105 attached to them. That means if you were to bet only on the Patriots to cover as 10-point favorites, you would have to bet $105 to win $100. Those odds improve dramatically when you parlay multiple picks. Parlaying two teams at -105 translates into a payout of approximately 1.8/1, while a three-team winner will pay out at approximately 11/2.
Now, imagine spreading those wagers across all your picks next Sunday.
Laying $5 on a Round Robin bet of six two-team parlays using the above teams could garner you a win of about $87. But even if one or even two of your teams lose, that means you can still cash in on four or five winning parlays, leaving you up on the day, and preserving your stack for next Sunday’s action.
Round Robin Sports Betting
Round Robin Bets Explained
The allure of putting all your picks on one high-paying four-team parlay is great. But the NFL season is long, and it is critical to manage your stack to get you through until the Super Bowl. With Round Robin wagering, sports bettors, both new and experienced, can boost their chances of coming out of the season in the black.