Round Robin Bets Explained

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.

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.