What is Round Robin in sports betting?- All you need to know

You may be completely new to round robin betting, you may have heard of it but are not sure what it is, or you may already have an idea of how it works, but want more detailed information. Whatever you need, the article below should explain everything for you and give you an overview of this form of placing wagers. It includes examples, betting strategy, as well as some pros and cons, and frequently asked questions.
The name of a round robin bet derives from round robin sports tournaments where every competitor plays each other. These wagers are mainly placed on horse racing, football, basketball, and American football but they can be used in many other sports.
A round robin bet is a series of wagers on the same betting slip. This may sound like an accumulator bet, which is also a bet on a series of events. However, these two types of bets differ.
With an accumulator, the loss of one leg causes the whole gamble to lose whereas with a Round Robin not every leg has to win in order for it to payout. This is because it breaks the list of selections down into several smaller bets. This allows you to cover several various outcomes in a series of legs at once and sometimes still have a profitable outcome even if one or more legs of the wager are not won.
So we can understand that round robin bets contain a series of different bets from your one wager, let's look into this a bit more closely so we can see how it works in practice. You can get an overview of the system and learn to place a round robin bet yourself by looking at the example below:
In this example we shall name the horses that we think will win and are adding to our bet:
The bet works like this, you end up actually placing seven sub bets in total. You will have:
So you see, with the 3 selections above, it creates 7 different legs and 7 chances to win. Even if one (or two) of the selections fail, you will still gain some money back, and depending on the odds could even profit.
In this example we shall name the horses that we think will win and are adding to our bet:
The bet works like this, you end up actually placing fourteen sub bets in total. You will have
Bear in mind, however, that the more selections, the more the stake will rise, as you will be covering more legs each time and have to pay extra. The costs can rack up quickly, so always keep an eye on the risk and reward outcomes when placing these wagers.
To place the bet itself, you will need to choose a round robin type bet and then add each selection to the betting slip.
There are a few things to keep in mind when you are placing Round Robin bets, and whilst this will not ensure that you win them, it should help make sure that your bets are thought out and not random. You do not really need a complicated strategy to do well with round robin wagers.
The below list gives you a rundown of various strategies you can use;
Despite these strategies, there is, sadly, no magic formula to gambling. When you bet with money, it involves incurring the risk of losing the funds that you are playing with. Gambling is also addictive. The thrill of winning can be overpowering, and you can fall into bad patterns. For this reason, it is vital to always gamble responsibly and ensure you are only playing with money you can afford to lose. You must never chase money when you are losing and treat gambling as a fun pastime with some of your extra funds. Winning should be a nice bonus, not the difference between you being able to afford the things you need in your life.
Safe Gambling Practices | Risk Factors |
---|---|
Use reality checks such as deposit limits so that you can gamble responsibly | Playing at sites that hold bad reviews online or have unresponsive customer support. |
You should only play at licensed and regulated websites | Never bet when drunk or under the influence of drugs. |
Never play with more than you can afford to lose | Gambling should be for fun, not profit |
Carefully plan your overall wagering strategy and stick to it | Do not play when you are angry or just after a losing bet |
Round robin bets are a fun way to cover numerous outcomes on a series of matches or races and represent a way to bet with a bit of extra security. There are many advantages to this type of bet, especially mixing up sports and the chance to win bigger and hold some extra security on a wager even if certain picks of yours fail. Despite that, this is not always the way people like to bet, and you need to think if it is a style of betting that suits both your bankroll and enjoyment when you place a wager.
The major difference is that when you place an accumulator bet, you run the risk of losing all your stake if just one leg goes wrong, while a round robin offers a security blanket by breaking down the bet into smaller ones.
Depending on what country you are in, you may find that online operators will not offer round robin bets as standard; you may need to contact customer support to ensure the bet is placed as you wish. However, all sportsbook operators will be aware of the bet type.
As with any type of betting, risks are involved. You should not approach round robin betting thinking success is guaranteed. There is a greater chance of being profitable when you use strong research and a good strategy.
Yes, you can place Round Robin bets using each-way terms; they will work much the same as a pick to win but with extra legs.
Round robin bets are a form of combination bet, it is not a multiple bet. Other bets that are similar are trixie bets, patent bets, Yankee bets and Lucky bets .