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ROUND
ROBINS
A round robin is the
combination of all possible two team parlays with the
chosen teams. The customer can choose from 3 to 6 teams
in a round robin, from which a combination of two team
parlay is done. The maximum risk in a round robin is
calculated by multiplying the maximum number of parlays
by the amount the player wants for each two team parlay.
The same is with the maximum win where you multiply
the profit by the number of parlays
The formula to figure
out the amount of two team parlays in a round robin
is:
(Number of teams) x
(number of teams -1)/ 2
The number of teams,
times the number of teams minus one divided by two.
Note: Each of the two-team
parlays is graded individually. You cannot leave open
spots in round robins
Example:
Broncos: -7
Knicks: -9
Buccanneers: -6
In this case, there
are three possible parlays: ((3)x(3-1))/2
| Two-team parlay |
Two-team parlay |
Two-team parlay |
Broncos: -7
Knicks: -9
100/260 |
Broncos: -7
Buccanneers: -6
100/260 |
Knicks: -9
Buccanneers: -6
100/260 |
In each of the parlays
the player is laying $100 to win $260, for a total layout
of $300 and a maximum win of $780.
Note: In Baseball,
the money lines will affect the payout of the parlays.
The risk and the win are calculated differently for
the round robins,
Round Robins:
From 3 up to 6 teams
No open spots left in Round Robins
Can also make parlays of 3 teams using from 4 to 6 teams
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