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- A round robin bet is a combination of smaller wagers that are either auto generated or manually selected from a larger, pre-existing parlay bet. In round robin bets, bettors are essentially making newer parlays using individual bets from the original parlay in such a way that each new bet consists of fewer wagers than the original.
www.lines.com/guides/round-robin-betting-guide/1490COMPLETE GUIDE TO ROUND ROBIN BETS & SPORTS BETTING - Lines.com
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What is a round robin in sports betting?
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Aug 23, 2024 · NFL Best Bets: A Round Robin Example. Let’s say you’re considering a round robin bet for this weekend’s slate of NFL betting lines. Maybe you like the Steelers (+220), Cardinals (+200) and Raiders (+150). A three-way round robin on these teams would produce the following parlays: Steelers/Cardinals +860; Steelers/Raiders +700; Cardinals ...
- Where Parlays and Round Robins Differ
- Round Robin Results You Can Understand
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- Round Robin Bet Terminology You Need to Know
- Common Round Robin Bets and What They Mean
In sports betting, a round robins differ from a traditional parlay by taking those four bets and breaking them into smaller parlays. Taking the four team NFL example above, if we bet these teams in a round robin “by 2’s” (meaning a series of two team parlay bets), it would result in making sixtwo team parlay bets: All possible 2 team parlay combina...
Continuing with our NFL round robin example, let’s say we see the following results: 1. New York Giants -110 | WIN 2. New England Patriots -110 | WIN 3. Dallas Cowboys -110 | WIN 4. Green Bay Packers -110 | LOSS If this were bet as a traditional four team parlay, the bet would be graded as a loss since the Green Bay Packers lost. If we were to bet ...
To place a round robin bet, simply place each individual wager onto your bet slip. Most sportsbook bet slips (both online and app) have 3 tabs: Standard, Teaser, and Round Robin: Below, I have placed 5 moneyline bets onto my bet slip at FanDuel Sportsbookand selected the Round Robin tab: Instead of manually creating multiple parlays, you can simply...
Parlay Size
Parlay Size Definition: The number of teams you are breaking your smaller parlays into. Parlay Size Example: A 5 team parlay by 2’s would create 10 smaller parlay bets Parlay Size Also Known As: “By X’s” (where X is your number), “Parlay Size”, “X Pick Round Robin”
Full Cover
Full Cover Definition: A wager that comprises all possible combinations of parlays for the bets selected Full Cover Example: If you had 3 bets in your bet slip, a full cover bet would be 4 total bets (3 two team parlays and 1 three team parlay)
Trixie Bet
Trixie Bet Definition: A type of full cover bet when you have exactly threebets in your bet slip. A Trixie would be every parlay combination of these three bets (4 separate bets placed).
By 2’s x3 Wagers
A “by 2’s x3 wagers” breaks down as the following: 1. By 2’s = each bet is a 2 team parlay 2. x3 wagers = 3 separate bets being placed This example would also be known as a 2 pick round robin. This model would also follow for larger combinations of legs: By 2’s x6 Wagers, by 2’s x10 Wagers, etc.
4 Team Parlay Combinations
This is a version of a round robin that contains 4 teams or legs. A 4 team parlay combination could work out to multiple round robin bets: 1. By 2’s x6 Wagers (6 parlay bets with 2 legs each) 2. By 3’s x4 Wagers (4 parlay bets with 3 legs each) 3. 4 leg parlay (1 parlay bet with 4 legs)
5 Team Round Robin Combination
A 5 team round robin combination includes 5 bets in the original parlay. This can be broken into the following bet options: 1. By 2’s x10 Wagers (10 parlay bets with 2 legs each) 2. By 3’s x10 Wagers (10 parlay bets with 3 legs each) 3. By 4’s x5 wagers (5 parlay bets with 4 legs each) 4. 5 leg parlay (1 parlay bet with 5 legs)
Aug 15, 2023 · A round robin is a type of sports bet that breaks down a larger group of bet selections into a series of smaller parlays. It typically covers every combination of outcomes possible, hence why some consider it an effective hedging strategy for sports betting.
- Round robin bets got their name from the round robin tournament format in sports. It is a competition where all the teams play each other at least...
- Round robin bets carry one distinct advantage over standard parlays—they’re easier to hit. With parlays, there’s no margin for error. If only one o...
- To place a round robin bet, simply add the markets you like to your betslip and select the “round robin” option (which most sportsbooks offer nowad...
Sep 15, 2021 · Round robin betting is a creative type of parlay betting that requires making multiple parlay bets at once. The name comes from round robin tournaments where each team in the tournament plays against each other at least once.
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Jan 13, 2021 · Here’s a look at where the Divisional Playoff odds stand, and tips on the best available midweek bets for each contest. Odds taken on Jan. 13 at DraftKings. Kickoff Time: Saturday at 4:35 PM Eastern. Notable Betting Line Changes: The Rams have gained little ground since opening as 7-point underdogs.
Aug 5, 2021 · Let’s say your three picks are the Colts at -7, Bears at -7 and Packers at +4. Let’s say you wanted your parlays to run for $100 each. Here’s how your round robin would look: Betting $100 to Profit $260. In summary, you’d be laying $300 for a potential profit of $780.
May 1, 2024 · This is where round robin bets come in. With a round robin betting strategy, bettors can hedge against individual bets jeopardizing their entire parlay selection. How Does Round Robin Betting Work? Let’s say you want to make four betting selections for Week 12 in the NFL. Your picks include; Los Angeles Rams (-7.5 point spread) @ -110
