Round Robin Bets
In a round robin bet, the amount you bet is the amount that is bet on each two team parlay. If you bet $200 on 6 two team parlays, you are betting a total of $1200. If one of your teams in the Round Robin loses, then all parlays associated with that team also lose. In the case of a push with one of your teams, all parlays associated with that team become a straight bet. The risk on this straight bet is the same as the parlay. Each two team parlay has a 13/5 (2.6/1) payout.
Round Robin Bet Example:
| 3 Team Round Robin | |||||||
Outcome |
Teams |
Line | Odds | Amount | Max. Risk | Max. Win | Total |
W |
NY Giants |
-3 ½ | -110 | $100 | $300 | $780 | $60 |
L |
Chicago
Bulls |
+5 | -110 | ||||
W |
SD
Chargers |
-5 ½ | -110 | ||||
Let's analyze the above Round Robin bet by each two team parlay. To figure out how many two team parlays you have simply use this formula:
NT (NT-1)/2 where NT = number of teams
In our example we have 3 two team parlays.
- NY Giants and the Chicago Bulls. You lost this parlay because your Chicago Bulls bet lost.
- NY Giants and SD Chargers. You won this parlay because both your bets were winners.
- Chicago Bulls and SD Chargers. You lost this parlay because the Chicago Bulls bet lost. As stated above, all parlays associated with a losing bet lose.
In sum, you risked $300. The maximum you could have won was $780 if all your two team parlays were winners. However, only 1 out of 3 parlays won. You lost $200 and won $260 leaving you with a total of $60.
**A minimum of $10 is required on all parlay combinations when wagering through the internet or call center.





