A Round Robin is
simply a nickname for parlay wagering
on a group of selections (at least
three or more) that are to be included
in a combination of individual parlays.
For instance, if a player asked
for a $100, three-team Round Robin
with teams A, B, and C, he/she is
simply requesting a two-team parlay
with teams A and B, another parlay
with teams A and C, and another
with teams B and C, for a total
of 3 individual parlays, each for
$100. The total amount risked would
be $300.
Round Robins get
more complex as the number of teams
increases. A four-team Round Robin
"by twos" for $100 would
mean that the bettor wants four
teams to be included in a combination
of two-team parlays. This would
be a total of six individual two-team
parlays, for a total risk of $600.
If the request is for a Round Robin
"by threes", it would
include a total of four possible
combinations, for a risk of $400.
Example:
A player requests a
$100 four team Round Robin by
twos", with teams A, B, C and
D. The possible combinations would
be as follows:
Teams AB
$100 to win
$260
Teams AC
$100 to win $260
Teams AD
$100 to win $260
Teams BC
$100 to win $260
Teams BD
$100 to win $260
Teams CD
$100 to win $260
If all four teams win,
the player wins $1240, while risking
only $600! If one game loses,
there is still a profit, even though
three of the parlays would lose.
The three winners get back $780, plus
the $100 laid for each parlay, for
a total of $1080. After subtracting
$300 for the 3 losers, the player
profits $480!
If you have any questions
regarding Round Robin, feel free to
email us at Customer
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