Round Robins
A Round Robin is a betting strategy that allows bettors to create multiple parlays from a group of individual bets. It's essentially a series of smaller parlays created by combining various selections within a larger betting pool.
When placing a Round Robin bet, you select a group of individual bets, such as point spreads, moneylines, or totals, and then create multiple parlays with these selections. For example, if you have selected five different bets, you can create several 2-team parlays, 3-team parlays, 4-team parlays, and a 5-team parlay.
The benefit of using the Round Robin strategy is that it provides a level of insurance against losing all bets in a parlay. Even if one selection in a parlay loses, you may still have other parlays that include different combinations of your original bets.
However, it's essential to remember that Round Robins can increase the total cost of your bets, as you are effectively placing multiple parlays. The potential payout for each parlay is lower compared to individual bets, but the chance of winning some of the bets within the Round Robin is higher.
Round Robins are popular among bettors who want to diversify their betting options and enjoy a mix of smaller parlays, providing a balance between risk and potential reward.