What is a Round Robin?
Round robin wagers are an easy way to create multiple parlays at once. Select between 3 and 8 lines, then combine them into several parlays of 2 to 7 teams. The advantage to this type of wager is you can make your money back by hitting only one winning combination. For example, let's look at an NFL round robin bet:
Let’s say you’re confident in the following three lines:
New York Giants -8
Baltimore Ravens +4
Pittsburgh Steelers -10
Rather than making a three-team parlay, you can place a round robin and create all possible two-team parlays from the three lines.
First parlay:
New York Giants -8
Baltimore Ravens +4
Risk $5 to win $13 (2.6/1 odds)
Second parlay:
New York Giants -8
Pittsburgh Steelers -10
Risk $5 to win $13 (2.6/1 odds)
Third parlay:
Baltimore Ravens +4
Pittsburgh Steelers -10
Risk $5 to win $13 (2.6/1 odds)
Your risk amount for a round robin with the three-teams, two-ways is $15 to win a maximum of $39.
If you select more than three odds, you can increase the size and/or number of parlays that are created, as illustrated in the table below:
Number of lines: | Number of ways (parlay size): | Number of parlays: |
3 | 2 | 3 |
4 | 2 | 6 |
4 | 3 | 4 |
5 | 2 | 10 |
5 | 3 | 10 |
5 | 4 | 5 |
6 | 2 | 15 |
6 | 3 | 20 |
6 | 4 | 15 |
6 | 5 | 6 |
7 | 2 | 21 |
7 | 3 | 35 |
7 | 4 | 35 |
7 | 5 | 21 |
8 | 6 | 7 |
8 | 2 | 28 |
8 | 3 | 56 |
8 | 4 | 70 |
8 | 5 | 56 |
8 | 6 | 28 |
8 | 7 | 8 |
Important: When placing a Round Robin bet, it's important to remember that the Parlay Betting Rules also apply to these wagers.
How to Place a Round Robin
1. Log in to your Bovada account and click SPORTS at the top of the screen.
2. Choose your sport from the menu. If you don't see your sport, click ‘All Sports’ to show more. By default, the page will only show open events or those that have odds available for betting.
3. Select your desired lines by clicking the boxes (up to a maximum of 8 selections). Your choices are added to the Bet Slip.
On your phone, the Bet Slip can be accessed by clicking the icon at the bottom of your window. On Desktop devices, it's located to the right of the betting lines.
4. To place a Round Robin bet, select the Multiples Tab at the top of the Bet Slip.
You will see your combined odds for your Round Robin displayed above your selections.
5. Select the ‘+’ next to 'Round Robin' on the Bet Slip, select the number of “ways” (the number of selections per bet) you want.
6. Enter a risk amount in the box provided. This amount is per individual bet in your round robin. Your total risk and total possible win amounts are automatically calculated for you.
7. Confirm the details of your round robin. When you are ready to proceed, click 'Place Bets'.
8. You’ll be shown your final bet details along with your wager reference number at the bottom of the Bet Slip.
9. Click 'Continue Betting' to clear the bet slip and move on.
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