College Football Moneyline Round Robin: Bet TCU, Virginia in Week 5 Parlay (Oct. 1)
Ryan M. Kelly/Getty Images. Pictured: Virginia’s Brennan Armstrong (5) and Sean Moore (38).
There’s nothing more exciting than having a parlay that involves the big game.
Many bettors will parlay anything from two to 20 teams and search for that huge payday that can substitute as a Powerball ticket. The alternative to longshot parlays is a round robin, which allows a bettor to have a series of smaller parlays within the total set of selections.
Everybody wants the team in the parlay to cash, but too often one or to ruin the entire ticket. That’s where the round-robin parlay comes in.
How Does a Round-Robin Parlay Work?
The round robin allows an investor to bet any number of teams in as many wagers as possible.
For example, a three-team round-robin parlay would consist of three different wagers: Team A and Team B would be parlayed alongside Team A and Team C. The final parlay features Team B and Team C, totaling three parlay wagers.
Depending on the juice, achieving victory in two of the three will turn a profit.
This raises a question: When is it smart to use a round-robin instead of a true straight parlay? Considering a wise investment does not include teasers or parlays, the best entertainment value comes from a round-robin chock full of underdogs.
The chance of hitting a multi-leg parlay of underdogs is thin, but wagering in iterations of 2s, 3s and 4s can provide a break-even scenario if half of the teams make it to the window.