Round Robin Bets Explained

by | Aug 5, 2021

A round robin bet is an easy way of betting multiple parlays all at one time. If you’re familiar with horse racing, it’s just like boxing horses in a race.

How they work at most sportsbooks is you select between 3 and 8 teams that you’d like to include 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. Let’s say your three picks are 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 sportsbooks but the best odds and highest payouts for these wagers can be found at BetAnySports.

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