Round Robin Parlays
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! |
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