Round Robin Bet Calculator

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When it comes to the world of multiple bets, sports bettors are always on the lookout for a bet that allows the opportunity of flexibility whilst still having the chance to win big.

One bet that you might not have seen or heard of before is a ‘Round Robin’ bet. The bet revolves around making three selections and in total there are ten different betting lines which make up the body of the bet.

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Whether you have experience of a Round Robin bet or are new to what a Round Robin might entail, in this guide we will break down everything you need to know about a Round Robin including what it consists of, how you can win, the different staking requirements that are needed, if any famous Round Robins have been won in the past and we will also assess the different strengths and weaknesses that come by placing it.

What is a Round Robin Bet - How is it Constructed?

As we have highlighted right at the top of this guide, the Round Robin consists of three selections and can be placed across some of the most popular sports in the world, including football, tennis, the NFL, NBA but it is most favoured when it comes to horse racing.

Once you have your three selections, the bet includes ten betting lines and includes:

  • 3 doubles
  • 1 treble
  • 3 single-stakes-about bets (which contain 2 bets within each)

The doubles and treble element of the bet is fairly straightforward to understand but it is the single bets that need some additional explaining.

Essentially the singles stakes are based on two separate outcomes. If the first single selection wins, the stake is then doubled for your second selection which essentially means that if your second selection wins, you will have doubled your money. If either selection loses, the single part of the bet will be a loser.

A Round Robin Bet - A Winning Example

As Round Robins are popular within horse racing circles, for the purpose of this guide, let’s provide a scenario where we have chosen three horses - Horse 1, Horse 2 and Horse 3 and want to include them within a Round Robin bet. The bet would look like below:

Doubles

  • Horse 1 and 2
  • Horse 1 and 3
  • Horse 2 and 3

Treble

  • Horse 1, 2 and 3

Up and Down Singles

  • Horse 1 rolling into Horse 2
  • Horse 1 rolling into Horse 3
  • Horse 2 rolling into Horse 3

Let’s say that Horses 1 and 2 are winners but Horse 3 loses, in this example we would win the following lines:

  • A double of Horse 1 and 2
  • Up and down singles of Horse 1 rolling into Horse 2

The only way that you can win the maximum amount from the bet is if all three of your selections end up winning.

What happens if just one of my selections in my Round Robin wins?

If just one of your Round Robin selections ends up winning, your Round Robin bet will be a loser. The bet requires at least two selections to win in order to make some returns.

What is the Stake for a Round Robin Bet?

Just like when placing other multiples, when you want to place a Round Robin bet, you will need to apply an equal stake to every betting line. As the Round Robin contains ten betting lines, whatever you want to bet across one line will need to be multiplied by ten. If you wanted to bet £1 per line, this stake would be multiplied by ten and result in your overall stake being £10.

If you wanted to bet £10 per line your bet total would be £100. 50p per line would still require a stake of £5.

In comparison to other multiple bets, you can place Round Robin bets for relatively small stakes. However, just like with most multiple bets, the more you choose to bet, the higher the stakes and you will need to ensure that it is a bet you can afford to make.

How are the Odds and Returns Calculated?

Just like in other multiples, a line within a Round Robin bet is calculated by multiplying the odds of the selections together. When multiplied together this will give the total that will be returned to the bettor.

For example in our example above where Horses 1 and 2 were victorious, the winning lines from the double containing Horses 1 and 2 would be added to the up and down single. If there are numerous winning selections within a bet, the totals of all of the winning lines will be added together to give you your overall winning total.

As stated already, the only way that you can win the maximum amount from a Round Robin is if all three of your selections are predicted correctly.

Is it Just Horse Racing Where Round Robins Work?

Although we have focused on horse racing for our Round Robin guide, it isn’t the only sport where it occurs.

Popular American sports such as the NBA and NFL and MLB all lend themselves well to Round Robins as do other universally popular sports such as football and tennis. There are many different sports where they can work.

Have There Been Any Famous Round Robins Won?

Particularly when it comes to horse racing there have been many examples where punters have been able to see some nice returns. There are multiple examples where bettors have been able to win thousands thanks to landing all three of their selections.

Advantages and Disadvantages of Placing Round Robin Bets

Just like every bet type, there are advantages and disadvantages to placing a Round Robin bet.

Advantages

  • Big returns can be won
  • Can be used across multiple sports
  • The bet is flexible
  • Suit small stake bettors

Disadvantages

  • Can be hard to understand
  • At least two selections need to win
  • Can be complex to follow and track if not everyone of your bets wins