A round robin bet can be a better option than a standard parlay when you want to mitigate risk while still taking advantage of multiple selections. Unlike a parlay, where all picks must win for a payout, a round robin allows you to create several smaller bets across different combinations, meaning you can still profit even if some selections lose. This is particularly beneficial when you have multiple teams or outcomes you feel confident about, as it provides flexibility in how you structure your bets and increases your chances of hitting successful combinations.