A Round Robin bet is a series of parlays that are grouped together. It involves three or more teams or selections, and the purpose is to win as many of these parlays as possible. To lose a Round Robin bet, one or more of the parlays within the series would need to lose. Here’s how it works:
1. **Combination of parlays**: When you place a Round Robin bet, you are essentially placing multiple parlays at once. For example, a three-team Round Robin will result in one three-team parlay and three two-team parlays.
2. **Winning conditions**: To win a parlay, every selection in that parlay must win. If all parlays in the Round Robin win, you win the entire bet.
3. **Losing conditions**: You will lose a Round Robin bet if any of the parlays within it lose. Here are some scenarios:
– If one of the two-team parlays loses, you will still have a chance to win the others, but the one that lost will not pay out.
– If one of the legs in the three-team parlay loses, that entire parlay is lost because all legs must win for the parlay to pay out.
– If all selections lose, you will lose the entire Round Robin bet.
Here’s an example to illustrate how you could lose a Round Robin bet:
– You place a three-team Round Robin bet with teams A, B, and C.
– You have one three-team parlay (A/B/C) and three two-team parlays (A/B, A/C, B/C).
– If Team A loses, then the three-team parlay (A/B/C) and the two-team parlay (A/B) are lost because they both included Team A.
– If Team B also loses, then the two-team parlay (B/C) is lost as well.
– In this scenario, you would lose the entire Round Robin bet because all parlays included at least one losing team.
Remember, the more teams you include in your Round Robin, the more parlays you will have, and the more chances there are for at least one of them to lose, resulting in a loss for that particular parlay within the Round Robin.