The term comes from traditional round robin tournaments, where each team faces every other team in its group. Round robin betting is essentially a collection of smaller parlays tied together from a larger set of wagers. However, if even one prediction is incorrect, the entire parlay is lost, regardless of the accuracy of the other two predictions. Rather than placing separate bets for each outcome, you choose to combine all three into a parlay.īy correctly predicting all three outcomes, you’ll win the parlay and receive a substantially larger payout than if you had bet on each match individually. You predict that the New England Patriots, Pittsburgh Steelers, and Philadelphia Eagles will win their respective matches. For example, imagine you want to bet on three NFL games occurring on the same day. A parlay, also known as a combo bet, accumulator, or multi, is a single wager that combines two or more individual bets. To understand what a round robin is in betting, you first need to familiarize yourself with parlays.
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