What is a Round Robin Bet?
A Round Robin bet involves selecting 3 to 8 teams and creating multiple 2-, 3-, or 4-team parlay combinations from those selections. All spots must be filled, with no open spots allowed. This type of bet breaks a large parlay into smaller combinations, offering more opportunities to win even if some picks lose. It is useful for spreading risk, as winning one or more smaller parlays can still result in a profit.
Example:
- Texans -5
- Broncos +2.5
- Jets +7
Possible combinations are:
2TP | 2TP | 2TP |
Texans -5 | Texans -5 | Broncos +2.5 |
Broncos +2.5 | Jets +7 | Jets +7 |
Placing this round robin with a $100 stake means wagering $100 on every possible 2-team parlay combination, resulting in a total bet of $300.