The Round Robin Bet is a type of wagering that involves making multiple parlay bets from a set of selections. Essentially, it’s a way to place several parlay bets at once. For instance, if a bettor selects three events, a Round Robin Bet would comprise all the possible parlay combinations within those three events. This means there would be three two-event parlays and one three-event parlay.
How is The Round Robin Bet structured?
The Round Robin Bet is structured by creating all possible parlay combinations from the chosen set of selections. For example, with three selections A, B, and C, the possible parlays would be AB, AC, BC, and ABC.
What are the advantages of The Round Robin Bet?
The primary advantage is the potential to achieve a payout even if not all selections are successful. Since it’s a combination of multiple parlays, even if one parlay loses, the others can still win.
How does the total stake work in The Round Robin Bet?
The total stake is divided among all the individual parlays in the Round Robin. If you place a $10 Round Robin Bet on three selections, your total stake would be $40 ($10 on each of the three two-event parlays and $10 on the one three-event parlay).
Is The Round Robin Bet suitable for all bettors?
The Round Robin Bet can be more complex than straightforward single bets, making it more suitable for experienced bettors or those familiar with parlay betting. It’s essential to understand the structure and risks before placing such bets.
How does The Round Robin Bet differ from an accumulator or parlay bet?
While both involve multiple selections, an accumulator or a regular parlay is a single bet that relies on all selections winning for a payout. In contrast, a Round Robin breaks down those selections into several smaller parlays, offering a buffer if one or more selections don’t win.