While you can still make some money back if one of your legs doesn’t hit in a round robin, it may not be profitable overall if all of your bets are on heavy favorites. If you incorporate one or more underdogs, the calculations change. However, much of their shine comes from the fact that they offer bigger payouts and better chances to mitigate losses. It’s, however, essential to note that round robins take up a higher investment to play. So to make up for this, they offer higher chances of winning and lower your chances of completely losing out. The above example illustrates the entire breakdown of a 3-team round robin.

• For recreational bettors, Round Robin bets can offer much better alternatives than the often long-shot parlays and multi-team teasers.
• Say you’re looking at a hypothetical match of an undetermined sport to keep it simple.
• Each team will be set a moneyline of -110, meaning that every successful $100 you bet will net you a $90 profit.
• By now, you’ve likely heard of parlay betting, so you are looking at broadening your sports betting knowledge and attempting to get in on round robin betting action.
• Whether it’s moneyline betsspread bets, or totals that make up your round robin bet, end-of-game action means plenty of suspense and entertainment.

It’s so difficult that the odds of doing so are usually around 1 in 500. In the end, whether or not round robin parlay bets are worth it comes down to how much money you are willing to risk and whether or not you think you can beat the odds. The bettor is paid on 2-leg parlay odds of +264 for that winning wager. Round-robin betting is a similar strategy in sports betting, although instead of boxing your horses, you’re boxing various parlay combinations.

Best Sports To Place Your Round Robin Bet

walkie talkie london bar >Round robin bets have lower vigorish than one larger parlay because they break the large parlay into smaller chunks. For your security and safety, we only list sportsbook operators and casinos that are state-approved and regulated. One of the best strategies that I’ve used so far for Round Robin betting is always to use them to bet my longshots. This site is 100% for entertainment purposes only and does not involve real money betting. If you or someone you know has a gambling problem and wants help, call GAMBLER.

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Round robins also offer the opportunity to hedge and minimize losses. This strategy can reduce profits, but it also helps minimize losses which is a good trade-off. You can realize more profits if you learn how to pull this off correctly.

Advantage Of A Round Robin Bet

The amount you decide to risk will be multiplied by the number of parlays in your round robin wager. Depending on how many ‘ways’ you choose, you could bet $5 on a 4-way bet, and you would end up paying $20 as you are betting on each of the four parlays. The problem that many have is that they often delve into this without doing adequate research.

Example Of A Round Robin Parlay

Parlays have big payouts if you actually win one.Here you can see the trade-offs between risk and reward. At DraftKings, it’s listed with “4x” next to it because you’re making four bets. Three teams won, so I won four total parlays — three two-teamers, and one three-teamer — and ended up netting $136.34.

Setting Up A Round Robin At Betus

Just multiply the odds of each selection together, then multiply that by your wager. This could result in your private information being stolen, which leaves your identity at risk! Round Robin betting is a great way to mix things up from traditional parlays for massive payouts by combining smaller parlays that they automatically create. I will cover two more simple strategies for the casual bettor in the remainder of this article. With online sportsbooks there are two types of bonuses, cash bonuses and free play bonuses. This is because the bonus was free play and once you stake it win or lose that free play is used up.