Hi,

In reference to betting on sports, what does "round-robin" or "parlay"
mean.  How does that work?  In the sentence, "I also like the Marlins
to win the series for 2 units", what are units? What is the puck line
or the money line? Any general information regarding on how betting
would work would be appreciated. Examples with different scenarios
also would be appreciated.
Thanks,
Dorothy Miller

Dear dorothy1010-ga;

Thank you for allowing me an opportunity to answer your interesting
question.

“A Round Robin wager allows a player to pick between 3 - 5 outcomes
and create all the possible 2 or 3 team parlays from the selected
outcomes. So, for example, if you pick a 5 team 3 play Round Robin,
ten 3 team parlays will be created.” Like this:

WHAT IS A ROUND ROBIN WAGER?
http://www.wsex.com/about/about_rr.html

Here are some other great explanations of the bet along with
hypothetical examples and scenarios:

SPORTS BETS EXPLAINED
http://www.gambling-pair-a-dice.com/round_robins.html

BOOKIE TIME – WAGER TYPES (ROUND ROBIN)
http://www.bookietime.com/help/round_robins.htm


A parlay wager is much the same except all the teams chosen in this
combination bet must win or the entire wager loses:

BOOKIE TIME – WAGER TYPES (PARLAY)
http://www.bookietime.com/help/parlays.htm

Use the drop down menu on the left with the heading WAGER TYPES to see
more kinds of wagers.


A money line wager is simply betting on a specific team to win. If the
team wins by any number of points the wager wins. Here is an
explanation and vivid example of a money line wager:

SPORTS BETS EXPLAINED
http://www.gambling-pair-a-dice.com/money_line.html


The “puck line” is very similar but the term is used primarily on the
US East Coast in reference to hockey wagering. This is simply placing
a bet on a specific team to win by a predesignated point spread. If
the team fails to win by the point spread indicated the entire wager
loses. Here is a good example of a puck line bet:

A-Z SPORTSBOOK
http://www.a-zsportsbook.com/hockey_gambling_strategy_.html



A unit is usually a fixed amount set by a bookie or a dealer. This can
be either the minimum bet or the maximum bet depending on the game. In
poker for example, if the dealer sets the maximum bet at $1000 you’d
simply say “I raise one unit”. This tells the dealer you want to bet
another $1000. If a bookie is taking bets on sports teams and sets the
minimum bet at $20, you might call in and tell him you want to put 5
units on the Cubs. This tells the bookie to put you down for a $100
wager that the Cubs will win.

LAS VEGAS ONLINE CASINO
http://www.lasvegas-online-casino.com/gambling_terms/unit-poker/


Below you will find that I have carefully defined my search strategy
for you in the event that you need to search for more information. By
following the same type of searches that I did you may be able to
enhance the research I have provided even further. I hope you find
that that my research exceeds your expectations. If you have any
questions about my research please post a clarification request prior
to rating the answer. Otherwise, I welcome your rating and your final
comments and I look forward to working with you again in the near
future. Thank you for bringing your question to us.

Best regards;
Tutuzdad-ga


INFORMATION SOURCES

GAMBLING TERMS
http://www.mcasports.com/gamblingterms.htm

LAS VEGAS ONLINE CASINO
http://www.lasvegas-online-casino.com/gambling_terms/unit-poker/

SPORTS BETS EXPLAINED
http://www.gambling-pair-a-dice.com/money_line.html

A-Z SPORTSBOOK
http://www.a-zsportsbook.com/hockey_gambling_strategy_.html

WHAT IS A ROUND ROBIN WAGER?
http://www.wsex.com/about/about_rr.html

SPORTS BETS EXPLAINED
http://www.gambling-pair-a-dice.com/round_robins.html

BOOKIE TIME – WAGER TYPES (ROUND ROBIN)
http://www.bookietime.com/help/round_robins.htm


BOOKIE TIME – WAGER TYPES (PARLAY)
http://www.bookietime.com/help/parlays.htm


SEARCH STRATEGY


SEARCH ENGINE USED:

Google ://www.google.com


SEARCH TERMS USED:

GAMBLING TERMS

GAMBLING GLOSSARY

GAMBLING TERMINOLOGY

Alternatively used the search terms “WAGERING” and “BETTING”