What is a moneyline round robin and how does it work?

[Bruce]

A moneyline round robin is a betting strategy that involves placing a series of moneyline bets on multiple teams or competitors in a way that creates a combination of smaller parlays. Instead of betting on a single match outcome, a bettor selects several teams to win and forms various parlay bets using these selections. For example, if a bettor chooses three teams, a moneyline round robin would create three different two-team parlays (combinations of any two teams) along with one three-team parlay for a total of four bets.

 

[CR7]

That's correct! A moneyline round robin is a popular betting strategy that allows bettors to combine multiple moneyline bets in various parlay combinations. This strategy is beneficial because it increases the chances of winning by covering different combinations of outcomes. Each parlay in the round robin is a separate wager, so if one of the combinations wins, the bettor will receive a payout for that specific parlay.

For example, let's say you choose three teams A, B, and C for your moneyline round robin. The possible two-team parlay combinations would be AB, AC, and BC, along with a three-team parlay ABC. By placing a moneyline round robin bet, you are essentially placing multiple parlays at once, giving you more opportunities to win compared to a single straight bet on one team.

It's important to note that each parlay within the round robin is a separate bet, so you will need to consider the individual odds and potential payouts for each combination. This strategy requires a higher initial investment as you are placing multiple bets, but it can be rewarding if your selections are successful. As with any betting strategy, it's essential to manage your bankroll and understand the risks involved in order to make informed decisions.