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Round robin betting and parlay bets are similar in that a round robin is simply a group of smaller parlays. Using our parlay calculator , we can see that this 4 team parlay would pay out In sports betting, a round robins differ from a traditional parlay by taking those four bets and breaking them into smaller parlays. A round robin creates smaller parlay combinations and thus better odds of winning compared to a traditional four team parlay where each individual bet has to win.
Round robin bets keep the entertainment value alive if one of your parlay teams loses. If this were bet as a traditional four team parlay, the bet would be graded as a loss since the Green Bay Packers lost. As you can see, of the six two team parlays, the round robin would have seen three parlay bets win, and three parlay bets lose.
Hedging some of the risk through a round robin makes you more likely to profit, however it prevents you from the massive payouts that parlays can provide. While round robins are more conservative, a parlay can be exciting if you are lucky enough to win one. Singles x5 wagers: This means you would bet each bet 5 separate wagers on your bet slip. This is not a parlay at all, and the odds shown are simply the effective odds if you won all your bets.
This works out to 10 total wagers. The odds shown in the screenshot represent what your effective odds would be if you won all of your bets. Definition : A wager that comprises all possible combinations of parlays for the bets selected. Example : If you had 3 bets in your bet slip, a full cover bet would be 4 total bets 3 two team parlays and 1 three team parlay.
Definition : A type of full cover bet when you have exactly three bets in your bet slip. Best Books. Pictured: Derrick Henry. Steve Petrella. Download App. Round Robin Bet Guide Click the links to jump to each section. Action's Preferred Sportsbook. Bet Now. Read now. Top Offers. Bet Over in Lakers-Nuggets. Follow Us On Social. Sportsbook Reviews. Sports Betting Calculators. How to Bet On Sports.