Multiple Video Embedding Mirrors

So I am trying to embed multiple players in my site but I have no Idea how to go about it I looked into some javascript for changing iframe for clicking a link but its not really what I had in mind. I was looking to do something like the picture http://i.imgur.com/2oKfeIV.png
I do not know how to go about doing this I want to be able to have backup players that people can choose from if one goes down or another works best for someone. Any help with this would be EXTREMELY appreciated.