Now let‘s explore the many ways to parlay. But if you‘re feeling lucky, take a shot at hitting the full parlay!Įither method can be profitable with the proper approach. Round robins provide a bit of risk management.

Bigger payout ceiling if you nail every leg.

Mitigates risk – Don‘t need to go perfect.

Let‘s compare pros and cons… Round Robin vs Regular Parlay The tradeoff is the payouts are smaller than on one huge parlay wager. Now you have 6 shots at a smaller parlay hitting. This gives you more margin for error compared to a standard 3-team parlay needing perfection.Īs you add more picks, the number of parlays increases exponentially.Ī 4-team round robin yields 6 parlays covering every 2-team and 3-team combo: Go 2-1 or better and one of your mini-parlays hits! You‘ll now have 3 separate 2-team parlays: Rather than one big parlay, a round robin automatically generates ALL possible smaller parlays from your list of picks.įor example, select a 3-team round robin on: The goal is improving your chances to win something while still chasing a nice payout. Round robins provide a creative twist on traditional parlays. We‘ll cover strategies to beat the odds shortly.įirst, let‘s explore… How Round Robin Bets Work Sportsbooks LOVE parlays because most lose. Who doesn‘t love the idea of turning a small stake into a small fortune?īut you must be judicious with parlays as the combined risk also climbs. While harder to hit, the lure of parlay jackpots keeps recreational bettors coming back. That‘s because the payouts compound and multiply together. Parlay them together, that $100 might pay $800, $900, even over $1000 depending on the odds! Using moneyline odds, let‘s look at hypothetical payouts on these three games:īet $100 on each, you‘d earn $500 in profits if they all hit. With parlays, one loss kills the WHOLE bet.īut here‘s the hook – linking these singles together into a parlay juices up the potential payout. This is different than individual single bets where each wager stands alone. Going 2-1 or 1-2 results in a losing parlay ticket.

To collect that parlay, you‘d need KC, Philly, and Buffalo all to win outright. You could bet on the moneyline for a 3-game parlay:

Simply put, a parlay combines multiple bets into one 'package' where all wagers must win for the parlay to cash. Buckle up, because we‘re going deep on strategy, math, history, and plenty of sports nerdery. I want to lift the veil on these bet types to help you wager on them profitably.Īs a data analyst and betting expert, I‘ll walk you through everything you need to know about parlays and round robins in this comprehensive guide.

Hey friend! Parlays and round robins are two of the most popular – yet often misunderstood – sports bets out there.

Parlay moneyline and spread and over