Round robin bets allow you to lessen risk and yet get a high potential payout. These are a type of parlay where you have to place several bets together and all these should win. You have two options when you want to bet on several betting lines to create a parlay bet.
- You can construct a single large parlay that ties together several results; or
- You can construct various smaller parlays that include all possible combinations of events.
The first option is the traditional parlay and the second is the round robin betting. There should be at least three parlays in a round robin bet and there is no limit no matter how many you want. Round robin betting affects payouts but also increases your winning odds.
Making a round robin bet
Many sportsbooks let bettors save time by creating automatic round robin bets. You only have to choose which lines to include. After clicking on the round robin option, you choose how many different ways to parlay. It refers to the number of legs within the parlay. You then select how much you want to bet. The situs judi bola will generate all the options needed for your round robin bet based on your inputs.
Making a round robin bet with only three lines is pretty easy. Creating a round robin bet on eight or more various lines with a five-event parlay is not as easy as that. You have to create fifty-six different parlays! It is very easy to make a mistake with so many different combinations. Online betting sites remove the hassle and risk involved in creating these bets.
Round robin bets payouts
If you created a round robin bet with three lines, you will have three different two-team parlays. A standard two-team parlay with both teams listed at, let’s say, -110 would pay out at +260. If you wager $5 on each of the three parlays and everything goes well, you receive $39 pure profit. You will also get all your three $5 bets back. You will end up with $54 if you bet $15.
If one event failed in your round robin bet, you will receive $13 and get the $5 stake back. If only one succeeds in the parlay, you will get $18 including the $5 stake. You will still break even with a round robin bet even if one leg fails. If two teams do not cover then you will lose every parlay. This means you will lose the round robin bet.