Round Robins

Basics

Round Robins are multi-team bets (sides or totals). You select between three and ten teams. These teams are then used to create as many two team parlay combinations as possible. The amount you bet is the amount that is bet on each two team parlay. If you bet $200 on 6 two team parlays, you are betting a total of $1200. If one of your teams in the Round Robin loses, then all parlays associated with that team also lose. In the case of a push with one of your teams, all parlays associated with that team become a straight bet. The risk on this straight bet is the same as the parlay. Each two team parlay has a 13/5 (2.6/1) payout.

Let's look at an example:

Let's analyze the above Round Robin bet by each two team parlay. To figure out how many two team parlays you have simply use this formula:

NT (NT-1)/2 where NT = number of teams

In our example we have 3 two team parlays.

1. NY Giants and the Chicago Bulls. You lost this parlay because your Chicago Bulls bet lost.

2. NY Giants and SD Chargers. You won this parlay because both your bets were winners.

3. Chicago Bulls and SD Chargers. You lost this parlay because the Chicago Bulls bet lost. As stated above, all parlays associated with a losing bet lose. In sum, you risked $300. The maximum you could have won was $780 if all your two team parlays were winners. However, only 1 out of 3 parlays won. You lost $200 and won $260 leaving you with a total of $60.

**A minimum of $10 is required on all parlay combinations when wagering through the internet or call center.

See Also Sportsbook.com - Online Sports Betting