A round robin bet is made up of 10 separate bets from 3 different selections. It consists of a trixie with 3 up-and-down bets added. You only need one of the three selections to win to get a return. The 10 winning combinations are: 3 doubles: 1-2, 1-3, 2-3 1 treble: 1-2-3 6 SSAs: 1-2, 1-3, 2-1, 2-3, 3-1, 3-2.

Round robins get a lot more complex as the number of teams goes up. A two-way round robin means that you are betting as many different two-team parlay combinations as you can with a given number of teams. On a three-team RR two-way parlay, you would have three different two-teamers. Switch up your betting routine by playing round robins once in a while, they might just save your bankroll (or serve as a fun change of pace).

Parlaying is one of the most popular forms of betting, particularly on the National Football League. A parlay bet allows you to wager on the outcome of two or more games on the same ticket. Of course, the catch is that all the games wagered on must be winners for you to cash in. That means higher odds, and higher risk.

One way to reduce that risk is through Round Robin wagering. Often overlooked, particularly by novice sports bettors, Round Robin wagering enables you to create multiple parlays on a single ticket. For example, what if you have found four really great NFL bets to lay a few dollars on this Sunday, as outlined below, but don’t know how to structure your wagers.

New York Jets
New England Patriots -10 (-105)

San Francisco 49ers
Seattle Seahawks -13 (-105)

Tampa Bay Buccaneers +3 (-105)
Jacksonville Jaguars

What Is A Round Robin Parlay

Denver Broncos
Kansas City Chiefs -3 (-105)

A winning four-team parlay bet on the Patriots, Seahawks, Buccaneers, and Chiefs would pay out handsomely, with a $10 wager winning $130 or more. But that requires all four picks to win, otherwise your bet is a loser, and it is time to start thinking about next Sunday.

With Round Robin wagering, those four picks can be combined into as many as six two-team parlays and four three-team parlays, thereby distributing your risk while still preserving the chances of a solid payout.

In the example above, each of the point spreads have odds of -105 attached to them. That means if you were to bet only on the Patriots to cover as 10-point favorites, you would have to bet $105 to win $100. Those odds improve dramatically when you parlay multiple picks. Parlaying two teams at -105 translates into a payout of approximately 1.8/1, while a three-team winner will pay out at approximately 11/2.

Now, imagine spreading those wagers across all your picks next Sunday.

Laying $5 on a Round Robin bet of six two-team parlays using the above teams could garner you a win of about $87. But even if one or even two of your teams lose, that means you can still cash in on four or five winning parlays, leaving you up on the day, and preserving your stack for next Sunday’s action.

The allure of putting all your picks on one high-paying four-team parlay is great. But the NFL season is long, and it is critical to manage your stack to get you through until the Super Bowl. With Round Robin wagering, sports bettors, both new and experienced, can boost their chances of coming out of the season in the black.

Although not all sports books offer round robin betting, many do. The round robin is a way to play multiple parlays on one ticket. With the round robin, you can create unique combinations of sports bets that offer solid odds. You don’t have to hit every parlay to win, which offers bettors a bit of an edge when going with something like a three-team, two-way parlay. The payout odds on each parlay are the same as they would be for a normal parlay.

How It Works

You need to decide a few things. The first is how much you are willing to risk on each parlay. The second is how many teams and how many combinations you’re going to use. Wagers must be the same on all parlays.

Here’s an example of a three-team, two-way round robin.

5 Team Round Robin Parlay

Our teams are the New England Patriots at -3.5, Pittsburgh Steelers at -7.5, and the Denver Broncos at +7.5. With these teams, you can create three two-team parlays.

These would be:

5 Team Round Robin Parlay Bet

• New England -3.5 and Pittsburgh -7.5
• Pittsburgh -7.5 and Denver +7.5
• New England -3.5 and Denver +7.5

You’re going to place $10 on each parlay. The odds in a round robin are normal parlay odds, which are 2.6 to 1. So if you win all three, the profit would be $26 per parlay, or $78 (minus the vig). Get two correct and your profit would be $52 – $10 = $42 (minus the vig). If you win one, you would receive $26. Deducting the two other lost wagers, which totaled $20, you would realize a profit of $6 (minus the vig). Of course, if you lose all three bets, you would be down $30.

Basic Rules

Although round robin rules vary from site to site, there is some overall consistency regarding minimum and maximum teams and combinations. The minimum number of teams is usually 3 and maximums are often set around 8. The number of combinations usually stands at 2 and the maximum is around 6. You may not mix winners from the same game in round robin wagers. As an example, if in our wagering example New England is playing Miami, the Dolphins cannot be included in the same round robin.

Hedging Your Bets

Playing round robins can be a good way to hedge your bets. Chances are good that you can hit one pick or even two. However, that does not mean that this type of bet is a piece of cake. You want to populate your round robins with teams of which you are fairly certain, and only make your picks after engaging in studious research. The two-team, three-way round robin is preferred because it gives you the best odds of winning.

Variety Can Be Good

5 Team Round Robin Parlay Calculator

Round robins are not recommended as a part of your daily sports betting regimen, but they can certainly add some variety to your approach. Some variety can be good, especially if it livens up a betting scheme that is composed primarily of point spreads, money lines, and totals.