Round robin bets are a great hedging strategy – they allow you to minimize risk with a high potential payout · Round robin bets are a type of parlay, meaning you. Within a Round-Robin bet, round robin betting rules bettor is actually making ten bets from three selections. These are: three double bets, one treble bet and three up-and-down. When you place a Round Robin, you're placing individual bets on every possible parlay combination within the selected wagers. This can include moneyline. A round robin is a type of sports bet that breaks down a larger group of bet selections into a series of smaller parlays. It typically covers every.
When you type in your wager amount on this bet, that is the amount you are betting on each parlay within the round robin. Now things are getting interesting. When you make five selections, you have many more options in terms of how you break your round robin into smaller parlays.
When you pick five bets, you can break the round robin into one of the following combinations:. You can bet on more than one of these in a single bet slip, too. So if you like the 5 four-pick parlays and the 10 two-pick parlays, you could bet on both, creating two round robins with a few easy clicks without having to redo all your picks. Here are the five picks:.
Using the different parlay options above, you can now choose how to break out your selections into a round robin bet. Each can be treated as a separate wager from here on out, though you obviously hope each one will hit. Consider round robins a shortcut to building multiple interrelated parlay bets. As with any specialized bet type, round robins come with their fair share of advantages and setbacks.
Generally speaking, round robins can be fun bets to make because they up your investment in various matches. They also have some break-even potential. And parlays are inherently risky. Further, a round robin bet requires heftier investment upfront than a single parlay or individual wager.
Overall, round robins are only advisable in specific scenarios with well-researched picks. Make sure you exercise caution and stay measured in your approach. This depends on how you break your picks out into smaller parlays. In short, payouts vary based on your selections and bet structure in a round robin. Round robin betting rules Fortunately, most sportsbooks will clearly display your potential payout before you actually place a wager.
However, knowing a few key tips can give you an edge:. The first few weeks of any professional sports season are wishy-washy. Players are earning their strips and the stars are still warming up. Avoid placing too many round robin bets in the early days of a season. When a league is mid-season, you have good reads on the players involved and can use stats to inform your betting decisions.
Pay attention to trends, past performance, and news to inform smart, savvy bets. Round robins are best reserved for once-in-a-while bets. They would look like this:. To get any money from this round-robin, at least three of the bets would have to win. If three bets win, only one of the parlays would win, but it would pay nicely without extreme favorite odds as a three-leg parlay.
What would have happened if all the lettered bets from above were the No. North Texas and Ohio won. The parlay from the round-robin with those two teams would win, and the other five would lose. Playing those same four bets as a parlay or a round-robin with three-leg parlays loses all the money wagered.
One of the pros of a round robin is the seed example. In this case, the round-robin with two-leg parlays was the most profitable way to play it. Round robins are less volatile parlays. If all the 13 seeds won, the round-robin would not be better than a four-leg parlay, where all those juicy plus money odds would roll over winnings three times.
The round-robin removes that best-case scenario and creates a scenario where only two of the four bets have to win to make more money than playing the bets individually. The clear downside is the investment. Playing that round-robin required placing six parlays. It might be wise to drop the price of each parlay in the round-robin down, considering you will have to place several parlays to fulfill the round-robin.
Sports betting apps or websites do round robins a little differently from each other, but it should work similarly to selecting a parlay. 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.
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 senior editor for sports betting at The Athletic. He is a University of Missouri graduate who resides in Chicago.
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