Systems and methods for playing adaptive bitrate streaming content by multicast in accordance with embodiments of the invention are disclosed. In one embodiment, a method of receiving and playing back adaptive bitrate streaming content using a playback device includes receiving an adaptive streaming session description including information about a piece of adaptive streaming content and information for accessing a multicast session of the piece of adaptive streaming content using a playback device, receiving portions of a first alternative stream of the piece of adaptive streaming content sent to a first multicast group that includes the playback device using the playback device, computing a bandwidth measurement using the playback device, and switching to a second alternative stream of the piece of adaptive streaming content based upon the computed bandwidth measurement using the playback device.