I played this tonight.....

[Penguinfan]

Well, it's not something I recommend, it's mostly for fun. Works like this:

You pick three or more teams for your "Round Robin" parlay, then you decide how many teams you want in each parlay.

In the above example with 5 parts to the wager you could go with
2 teamers
2 and 3 teamers
2,3 and 4 teamers
3 teamers
3 and 4 teamers
you can also add the 5 teamer to any of the wagers

What all that means is you pick how many teams you want in each wager, in my bet I took three teams so the software gives me every possible combination of 3-team parlays among my 5 teams, which is 10 different combinations.


Then you decide how much you want to wager, $50, and the software divides that money up equally among all the possible combinations, in this case $5 each.

If 2 or less teams win I lose $50

If 3 teams win I win 1 parlay and get paid according (about breaking even)

If 4 teams win I win 4 parlays and get paid on each of them for a decent payout.

If all 5 teams win I get paid on the whole bet, which is less than what a straight 5-teamer would pay. Basically I have insurance against going 4-1, which in a straight 5-teamer would be a total loss.

If you took 2 and 3 teamers you would have all the possible two team combinations as well as the 10 three team combinations, as soon as two teams win you get paid on at least one 2-teamer.

Basically it's just to toy around and bet a bunch of games for a cheap price with the possibility of a nice score, but also the possibility of going 3-2 and losing money.