Tuesday, December 11, 2018


Round Robins

A round robin is a method that allows you to create multiple Parlays at one time. Depending on the sportsbook you visit you can choose between 3 and 12 teams and then create parlays using all possible combinations of those teams. Round robins are an effective wagering option because usually you will only need to win one of your parlays to cover the money you are risking on all the others. And if you hit more than one of your parlays your profit goes up even more.

Sign and get Betting Now

It’s a bit hard to explain a round robin in words. An example is the best way to illustrate the concept. Let’s say that you believe that each of these three Major League Baseball teams will win their games on the same day;

[email protected]:05pm Philadelphia Phillies -1½ (+150)
Game must go 9 innings (8.5 if home team is ahead) or this pick is NO ACTION.
Jo Jo Reyes (L) must throw first pitch for Atlanta Braves or this pick is NO ACTION.
Kyle Kendrick (R) must throw first pitch for Philadelphia Phillies or this pick is NO ACTION.

[email protected]:05pm Cleveland Indians -1½ (+170)
Game must go 9 innings (8.5 if home team is ahead) or this pick is NO ACTION.
Justin Duchscherer (R) must throw first pitch for Oakland Athletics or this pick is NO ACTION.
Paul Byrd (R) must throw first pitch for Cleveland Indians or this pick is NO ACTION.

[email protected]:10pm New York Mets -1½ (+105)
Game must go 9 innings (8.5 if home team is ahead) or this pick is NO ACTION.
John Lannan (L) must throw first pitch for Washington Nationals or this pick is NO ACTION.
John Maine (R) must throw first pitch for New York Mets or this pick is NO ACTION.

Instead of putting together a three-team parlay and needing all three teams to win in order for you to win any money, you can place a round robin bet. The round robin creates every possible two-team parlay from the three teams that you are favoring.

First parlay:
Philadelphia Phillies -1½ (+150)
Cleveland Indians -1½ (+170)
Risk $10 to win $57.50

Second parlay:
Philadelphia Phillies -1½ (+150)
New York Mets -1½ (+105)
Risk $10 to win $43.00

Third parlay:
Cleveland Indians -1½ (+170)
New York Mets -1½ (+105)
Risk $10 to win $45.40

Since each parlay carries a $10 wager, the total amount you are risking for all three parlays is $30. The maximum payout would be $146.10 assuming all three parlays hit. But you can also see that if even the lowest paying parlay hit while the other two lost you would more than cover the losses with your winnings.

Since in this example the odds for all three teams are different from the standard line of (-110), you would be using true odds to obtain the payout information on each parlay. We have already calculated them and shown you the results in terms of winnings on a $10 wager. But you can review our article on Parlay Odds if you want an exact method of calculating them.

Subscribe To Site: