Round Robin Betting: What Is a Round Robin Bet & How Does it Work?

Round Robins are built from parlay wagers with three or more legs, allowing you to cover multiple combinations of those legs in separate bets.
The goal of Round Robin bets is to keep the spirit of the parlay but to reduce the risk of a single parlay needing to hit for you to win. (Use our guide on parlay betting to compare and contrast the two bet types.)
Note: All examples use U.S. dollars and American odds (e.g., +200). Equivalent concepts apply in other currencies and formats (e.g., 3.00 decimal, 2/1 fractional).
How Round Robin Bets Work
Round Robin bets work in conjunction with parlay bets. Round Robins provide combinations of the initial parlay you build.
For example, if there are six two-leg parlays, you could still win four and receive a payout. In other words, Round Robins allow you to spread the risk across multiple parlays.
The appeal of Round Robin bets is that, unlike traditional parlays, the risk is not usually all-or-nothing.
Let’s look at examples of three-leg parlay with +311 total odds.
- Tampa Bay Buccaneers -285
- New Orleans Saints -148
- Pittsburgh Steelers -122
After you build this parlay, you can utilize Round Robin bets. With three legs, there are three combinations. On the bet slip, you’ll choose a wager amount applied to each bet. These three combinations are two-leg parlays.
If you enter $5, you’ll be wagering a total of $15, or $5 for each of the three combinations. So, instead of one bet at +311 odds, you’ll have three bets at $5 each, with a payout of $38.85 if all three combinations win.
To make a comparison, if you bet $5 on the +311 three-leg parlay, you’d be paid $20.59 for a winner. A successful $15 wager would pay $61.78.
How to Place a Round Robin Bet
Placing a Round Robin bet is simple. While the process will differ from one betting site to another, we'll show you how it looks at DraftKings:

As you can see on this bet slip, you can wager on each leg individually. As you scroll down, you’ll see the parlay odds. When you add three or more legs, the Round Robin option will become available below that.
From there, you’ll see the possible combinations.
Input your stake on each parlay. Remember, this isn’t the total bet; it’s per parlay. So, if you put in $5 and there are six combinations, you’ll be wagering $30.
How to Calculate Round Robin Odds
Round Robin bets are typically automatically calculated. For example, here's what a four-leg parlay using Round Robin looks like at FanDuel:

So, with a four-leg parlay, you can bet on six two-leg parlays at +201 or four three-leg parlays at +414.
If you did a $1 bet for each of these, here’s how the payout would be calculated:
- $1 on “By 2’s x6 wager” is $6. At +201, you’d potentially win $12.06.
- $1 on “By 3’s x4 wager” is $4. At +414, you’d potentially win $16.57.
Remember, this is assuming each of the parlays within those groupings wins.
Examples of Round Robin Bets Across Sports
You can use some strategies to maximize your chances of hitting big with Round Robin bets. One strategy we often use is finding a three-leg parlay with two favorites and an underdog.
NFL Round Robin Bet
Let’s look at an example:
- Tampa Bay Buccaneers -320
- San Francisco 49ers -290
- New York Giants +260
With this, you’re assuming that the Buccaneers and 49ers win. The Giants are underdogs and slated to lose.
Here’s what each two-leg parlay would look like:
- Buccaneers and 49ers
- Buccaneers and Giants
- 49ers and Giants
Here’s what these look like as standalone two-leg parlays:
- Buccaneers and 49ers: -131
- Buccaneers and Giants: +372
- 49ers and Giants: +384
So, if you bet $10 on this ($30 total), you can win up to $83.31 if all teams win. If the Giants lost, and the 49ers and Buccaneers won as expected, you’d bet $30 and come away with $7.74.
Yes, you still lose money, but there are chances underdogs can win, and if they do, along with the favored teams, you’ll win big.
Finally, we'd recommend wagering on all possible combinations if you have the funds available. For four-leg parlays, there would be six two-leg and four three-leg parlays. These allow you to cover these games in numerous ways.
Here’s what that would look like with the legs above, in addition to another:
- Tampa Bay Buccaneers -320
- San Francisco 49ers -290
- New York Giants +260
- Tennessee Titans -144
In betting all these combinations, you’d bet $100 total ($10 bet each) and can win up to $374.89.
NBA Round Robin Bet
Next up, let’s look at the NBA.
Here, I’ll use the following games:

With this, you’ll get +280 on the six two-leg parlays and +611 on the four three-leg parlays.
MLB Round Robin Bet
Below is a four-leg parlay from Caesars Sportsbook.
- Chicago Cubs -170
- Cincinnati Reds -125
- Tampa Bay Rays -110
- Baltimore Orioles -170

Here, you can bet on Round Robins in the following ways:
- RR by 2’s from 4: Six two-leg parlays.
- RR by 3’s from 4: Four three-leg parlays.
- RR by 2,3,4’s: All combinations above plus the whole four-leg parlay.
- Full Cover from 4: This includes everything above and four moneyline wagers.
Note: These strategies can apply to global sports with frequent games or variable outcomes.
Variations of Round Robins
There are some other ways to bet on Round Robins, including Trixie, Patent, Yankee, and Super Yankee.
- Trixie: Four bets with three selections (three two-leg parlays and one three-leg parlay).
- Patent: Seven bets with three selections (three single bets, three two-leg parlays, and one three-leg parlay).
- Yankee: This is the same as the “RR by 2,3,4’s” at Caesars. There are 11 total bets, including the two-leg, three-leg, and complete parlay options.
- Super Yankee: That consists of 26 total bets. For this, you must have a five-leg parlay. With this, you’ll have 10 two-leg parlays, 10 three-leg parlays, five four-leg parlays, and one with all five legs.
These are Round Robin-style bets. Players could opt for these for parlays with more legs, as they diversify risk in unique ways. Patent, Yankee, and Super Yankee include your original parlay and reward you for getting the original one right and the other combinations.
Pros & Cons of Round Robin Bets
- Reduce the risk for a one-off parlay bet
- Multiple betting options
- Diversify risk
- Deploy new betting strategies
- Requires a larger wager
- Potentially less payout if all legs of the parlay win
Remember, with Round Robin bets, the goal is to spread the risk across multiple parlays. In some cases, putting in one underdog is a good strategy in case they win.
Still, always do your research and make educated additions to your parlays for your Round Robin bets. Shop each betting site for the best odds and alternative Round Robin betting methods.