Calculate parlay combinations, analyze risk, and maximize your betting strategy
Enter your betting details to calculate combinations and potential payouts
Enter your betting details to see round robin combinations and potential payouts
Round robin betting creates multiple smaller parlays from your picks, giving you more ways to win compared to traditional straight parlays.
Round robin betting is a strategy that creates multiple parlay combinations from a larger set of picks. Instead of betting all your selections in one large parlay (where all picks must win), round robin splits them into smaller parlays.
This approach provides insurance against losing your entire bet due to one bad pick, while still offering the higher payouts that come with parlay betting.
The key advantage is that you can still profit even if some of your individual picks lose, as long as enough of your smaller parlays hit to cover your total investment.
Traditional Parlay:
4 picks in 1 parlay = All 4 must win
Risk: Lose everything if 1 pick fails
Round Robin:
4 picks in 2-team parlays = 6 different combinations
Benefit: Can still profit if 2+ parlays win
Choose 3 or more games you want to bet on
Decide how many teams per parlay (2, 3, 4, etc.)
Choose how much to bet on each parlay
See total combinations, risk, and potential payouts
C(n,r) = n! / (r! × (n-r)!)
n = Total number of picks
r = Number of teams per parlay
C(n,r) = Number of combinations
5 picks in 3-team parlays:
C(5,3) = 5! / (3! × 2!)
= 120 / (6 × 2)
= 10 parlays
See how round robin betting works with real scenarios and calculations
4 picks in 2-team parlays
• Total Parlays: 6
• Bet per Parlay: $20
• Total Risk: $120
• Payout per Parlay: $56.40
• Break Even: 3 of 6 parlays
5 picks in 3-team parlays
• Total Parlays: 10
• Bet per Parlay: $15
• Total Risk: $150
• Avg Payout per Parlay: $95.20
• Break Even: 2 of 10 parlays
| Betting Type | Total Risk | Max Payout | Winning Scenarios | Risk Level |
|---|---|---|---|---|
| 4-Team Straight Parlay | $100 | $1,228 | 1 (all 4 win) | Very High |
| 4 Picks, 2-Team RR | $120 | $338 | Multiple ways to profit | Moderate |
| 4 Picks, 3-Team RR | $80 | $472 | 4 different parlays | Moderate-High |
Proven approaches to maximize your round robin betting success
Everything you need to know about round robin betting
You need at least 3 picks to create a round robin. With 3 picks, you can make three 2-team parlays. Most sportsbooks allow up to 8-15 picks in a round robin.
A traditional parlay requires ALL picks to win for any payout. Round robin creates multiple smaller parlays, so you can still profit if only some of your parlays hit. It's like having insurance against one bad pick ruining your entire bet.
2-team parlays offer the lowest risk and highest probability of profit, but lower payouts. 3-team parlays provide a good balance of risk and reward. 4+ team parlays offer bigger payouts but are much harder to hit consistently.
Yes! You can mix NFL, NBA, MLB, NHL, soccer, and any other sports your sportsbook offers. Many bettors prefer this approach to reduce correlation between picks.
Divide your total risk by the profit per winning parlay. For example, if you risk $120 total and each winning parlay profits $40, you need 3 parlays to hit to break even ($120 ÷ $40 = 3).
Round robins offer more consistent profits and lower risk, while straight parlays offer higher potential payouts. Round robins are generally better for long-term profit, while straight parlays are better for chasing big scores.
Most sportsbooks will remove the canceled game from your round robin and recalculate the remaining parlays. For example, if you have a 5-pick round robin and one game is canceled, it becomes a 4-pick round robin.
This depends on your sportsbook. Some allow round robins with live/in-game betting, while others only allow them with pre-game wagers. Check your sportsbook's specific rules.