For example, a 5-team round robin bet 3-ways would consist of all 10 3-team parlays that can be made from the 5 teams included in the round-robin. The bet is determined by selecting the 3-or-more teams included in the round robin and the size of the parlays used to combine them.
A round robin bet is a set of parlays on 3-or-more teams that are all entered at once.
