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Round Robin Bet
Quick Summary
Round robin bets are a flexible way to create multiple parlays from a single group of picks. By forming smaller combinations, bettors can reduce risk while maintaining exposure to potential payouts. This article explains how round robin bets work, how they're structured, and what to expect when placing one.
What is a Round Robin Bet?
A round robin bet automatically creates smaller parlays from a list of three or more selections. Instead of relying on every leg to win, a round robin forms multiple combinations—such as 2-leg or 3-leg parlays—offering more ways to win.
Example:
If you bet on:
- Atlanta United
- LA Galaxy
- New York Red Bulls
A “by 2s” round robin creates three 2-leg parlays:
- Atlanta United + LA Galaxy
- Atlanta United + New York Red Bulls
- LA Galaxy + New York Red Bulls
If two out of the three teams win, at least one parlay pays out.
Why Bettors Use Round Robins
- Lower Risk Than Traditional Parlays – A single loss won’t void the entire bet
- Partial Payouts Possible – Even one successful combo can generate a return
- Customizable Structure – Choose how many legs each combo includes
- Good for Confident Picks – Allows risk-spreading across multiple outcomes
- Bankroll Management – Helps avoid high variance exposure from single all-or-nothing bets
How Round Robin Payouts Work
Example Scenario
Selections:
- Lakers ML (-150)
- Celtics -4.5 (-110)
- Warriors/Nuggets Over 220.5 (-110)
Setup:
2-leg round robin
- 3 parlays at $50 each = $150 total stake
Scenario A – All 3 Win:
- Total return = $386
- Profit = $236
Scenario B – 2 Win, 1 Loses:
- 1 parlay wins ($127)
- 2 parlays lose (-$100)
- Net profit = $27
How to Place a Round Robin Bet
1. Add at least three picks
Choose three or more individual bets to begin.
2. Select "Round Robin"
Your sportsbook will generate the combinations automatically.
3. Set your stake per combo
For example, $5 per 2-leg parlay = $15 total stake.
4. Review your bet
Double-check your selections and total risk.
5. Track performance
Each parlay is listed separately in your bet history and settles individually.
Tips for Smarter Round Robin Betting
- Limit the number of legs. More picks mean more combinations and greater cost.
- Only include selections you’d bet as singles. Avoid forcing combos.
- Know your total financial exposure before placing the bet.
- Avoid highly correlated outcomes that reduce the diversity of the parlay pool.
- Track your results over time to evaluate performance objectively.
Frequently Asked Questions
How does a round robin work?
It splits your picks into smaller parlays. You win based on how many combos hit.
What types of combos can I use?
You can choose 2-leg, 3-leg, or larger combinations depending on your picks.
Can I win if one bet loses?
Yes. Partial payouts are possible if some combos win.
Is this a good option for casual bettors?
It offers a middle ground between singles and high-risk parlays.
How many bets are in a round robin?
It depends on how many combinations are created (e.g., three picks = three 2-leg parlays).
Learn More
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