A round robin bet would consist of three separate two-team parlays. How Does Round Robin Betting Work?įor example, if you were to pick three sports teams in a parlay. ![]() While a round robin bet is considered a type of ‘hedge,’ it differs from a traditional hedge bet, which would have us wagering against a team in our selections, for the sole purpose of limiting losses, and securing profit.Ī round robin bet is different in the sense that our wagers will only be on the teams we are picking to win. ![]() Online sportsbooks have the option for round robin sports betting, and will automatically create the parlays needed to complete the round robin bet.Ī round robin bet is often categorized as a type of ‘hedge.’ However, the round robin bet meaning is oftentimes confused with ‘boxing out’, which is a strategy used when completing a large series of parlay wagers. 50% Welcome Deposit Bonus Up To $500 + $10 Casino Chipįirst Two Deposits Matched Up To $1,000 (2x $500)Ī round robin bet in sports betting is a series of two-team parlays, made up of a list of teams selected.
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