ROUND ROBIN BET
As it includes singles, the Round Robin is a complete coverage multiple bet, meaning you only need to have one winning selection from three in order to see some return on your initial stake.
The Round Robin bet proves itself to be extremely popular with racing bettors. While the initial outlay in terms of starting stake is higher, the returns are also much higher when you back three winning selections.
That is the Round Robin bet explained, let’s now take a look at a Round Robin bet example on racing .
HORSE RACING ROUND ROBIN BET
Let’s first imagine that you back these three horses as straight singles and they all win:
Initial stake: £3 (£1 win on each horse).
(£1 @ 7/1 = £8, £1 @ 4/1 = £5, £1 @ 9/2 = £5.50)
Overall profit on the bets: £15.50
Now, let’s see what happens if we combine these winning selections as one Round Robin Bet (remember how many bets in a round robin – our stake will increase to £7 initially):
Instead of an overall profit of £15.50 on the three singles, the Round Robin would return a profit of £342.50 for an initial outlay of £7 on these selections.
If you find when betting that you are able pick a consistent level of winning horses, the Round Robin could prove an extremely efficient companion bet for you.
In the example we have shown above, two winning selections from the three would still earn a profit in excess of £50 for the £7 staked to make this Round Robin bet.
Keep the Round Robin bet in mind when you are next betting on horse racing and maybe you can boost your profits!
To help you with how to work out a round robin bet, you can always make use of a Round Robin Bet Calculator. Enter your stake per line, the starting prices of your selections and the Round Robin Calculator will detail the exact winnings based on the amount of winners you have achieved. This is a handy way to work out Round Robin bets before you start!
ROUND ROBIN ON OTHER SPORTS
MIX & MATCH
The Round Robin is also an ideal bet if you like to mix & match across different sports when betting.
Let’s look at an example of a bet we could place on three major sporting events using this bet type.
FOOTBALL ROUND ROBIN
The half-time / full-time market gives you an extra edge on the overall win market, with the proviso, in the examples shown here, that your chosen team must be ahead at half-time and win the match. You can also choose the draw or lose markets for half-time with this bet.
In the example shown, a £1 Round Robin bet, total cost £7, would return the figure below if all three games have been correctly predicted:
Also in this instance, two winning selections from three chosen would return just over £20, meaning you would almost treble the initial stake.
These are just some examples of how you might choose to use Round Robin betting.
To recap, the Round Robin is a simple, complete coverage bet using three selections and you need to have just one winning line to see some return on your investment.