A round robin bet is an easy way of betting multiple parlays all at one time. It's just like boxing dogs in a dog race if that makes any sense.
How they work is you select between 3 and 8 teams that you'd like to involve in the bet. You then choose to do parlays of 2 to 6 teams. The calculation of how many bets are included in this equation can get a bit hairy, so we'll include a bet table below.
First we'll give you an example though:
Let's say you want to do a three way two team round robin. You like three teams who we'll call the Colts at -7, Bears at -7 and Packers at +4. Let's say you wanted your parlays to run for $100 each. Here's how your round robin would look:
Parlay 1:
Colts -7
Bears -7
Betting $100 to Profit $260
Parlay 2:
Colts -7
Packers +4
Betting $100 to Profit $260
Parlay 3:
Bears -7
Packers +4
Betting $100 to Profit $260
In summary, you'd be laying $300 for a potential profit of $780.
| Picks | Ways | Number of Bets |
|---|---|---|
| 8 | 2 | 28 |
| 8 | 3 | 56 |
| 8 | 4 | 70 |
| 8 | 5 | 56 |
| 8 | 6 | 28 |
| 7 | 2 | 21 |
| 7 | 3 | 35 |
| 7 | 4 | 35 |
| 7 | 5 | 21 |
| 7 | 6 | 7 |
| 6 | 2 | 15 |
| 6 | 3 | 20 |
| 6 | 4 | 15 |
| 6 | 5 | 6 |
| 5 | 2 | 10 |
| 5 | 3 | 10 |
| 5 | 4 | 5 |
| 4 | 2 | 6 |
| 4 | 3 | 4 |
| 3 | 2 | 3 |
Rules associated with Round Robin bets include: Standard parlay bet rules apply to this wager. The min. number of teams is 3, max. is 8. The min. number of combos is 2 with the max. being 6. No same gamer's in a round robin.
This bet can be found at almost all online sportsbooks.
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