How a Round Robin Bet Splits Picks Into Smaller Parlays

How a Round Robin Bet Splits Picks Into Smaller Parlays

A round robin turns a group of picks into separate parlays. Instead of putting every pick on one ticket, the bettor chooses a parlay size—such as two legs or three legs—and the sportsbook places each available combination of that size.…
How a Three-Way Moneyline Handles the Draw

How a Three-Way Moneyline Handles the Draw

A three-way moneyline, often labeled 1X2, offers three possible selections for the same match: 1 for the home team to win, X for a draw, and 2 for the away team to win. The outcomes are mutually exclusive. Only one…
Moneyline Bet Tie Rules: When Your Stake Gets Refunded

Moneyline Bet Tie Rules: When Your Stake Gets Refunded

The word moneyline does not, by itself, settle what happens when the score is tied. The available selections and the sportsbook’s stated settlement period matter more. Market What a tie means What happens to the stake Two-way, with a tie…
Types of Sports Bets and How Each Market Works

Types of Sports Bets and How Each Market Works

Consider a hypothetical Arsenal–Chelsea knockout match. The same matchup can produce very different wagers depending on whether the market ends after 90 minutes or continues through extra time and penalties. Market Example odds What a 90-minute draw means Two-way moneyline—to…