An incremental selection hybrid decode-amplify forward (ISHDAF) scheme for the two-hop single relay systems and a relay selection strategy based on the hybrid decode-amplify-and-forward (HDAF) scheme for the multirelay systems are proposed along with an optimized power allocation for the Internet of Thing (IoT). Given total power as the constraint and outage probability as an objective function, the proposed scheme possesses good power efficiency better than the equal power allocation. By the ISHDAF scheme and HDAF relay selection strategy, an optimized power allocation for both the source and relay nodes is obtained, as well as an effective reduction of outage probability. In addition, the optimal relay location for maximizing the gain of the proposed algorithm is also investigated and designed. Simulation results show that, in both single relay and multirelay selection systems, some outage probability gains by the proposed scheme can be obtained. In the comparison of the optimized power allocation scheme with the equal power allocation one, nearly 0.1695 gains are obtained in the ISHDAF single relay network at a total power of 2 dB, and about 0.083 gains are obtained in the HDAF relay selection system with 2 relays at a total power of 2 dB.