The reward is considerably higher for the bettor, but the risk rises, too. So in a three-team round robin bet, the actual bet total is $300, as opposed to $100 on a standard three-team parlay. While the profit potential is clear, there is one notable round robin drawback as a betting option.Ī $100 bet on a round robin parlay means each leg of the round robin is $100. $100 bet at BetMGM, with -110 odds - $596 in profit If all three teams you chose are winners, round robin payouts would be larger than a single three-team parlay. In order to win a round robin bet, each leg of the round robin must hit – similar to any parlay bet. In straight bang-for-your-buck, a traditional parlay is better. A $100 wager on a three-team round robin costs you $300, but the payout is nearly $1,100. But it’s not always the top choice.Ī $100 bet on a three-team point spread parlay wager can win you roughly $600. Round robin parlays offer a bigger top payout and a better chance to mitigate losses. The key about a round robin bet is not every parlay must hit for the ticket to be a winner.

One note: While combining multiple teams in a round robin parlay is done on one ticket, each parlay will appear as an individual bet. With each side listed at the standard online sportsbook odds of -110, the odds for a two-team parlay come to +264. Parlay odds don’t change when using a round robin. With standard odds for each game at -110, a payout on a two-team parlay on a $100 bet would be +264. Instead of parlaying all three teams in one three-teamer, a round robin offers three, two-team parlays.

We are using point spread bets in this example but you can also use moneyline bets at DraftKings Sportsbook, which has some of the best odds for NFL betting: Let’s take a closer look at the above example to see how round robin bets work.

Moneyline parlay strategy