Round robin bet explained
Last updated & tested: 2019-04-10
What is a round robin bet? If you’re looking for a round robin bet explained, including the answer to the question ‘what is a round robin bet in horse racing’? – you’ll find all the information you need right here.
This will include a round robin bet example. This kind of betting (and others like an up and down single bet) represents a lesser-known opportunity to give yourself a good chance of winning a bet on your favourite team-based sport. This is because, even though round robin betting is offered by most bookmakers; it is a much underused option for placing wagers.
Round robin is a form of sports betting that can be employed on a range of different sports. At its most basic, the term refers to a way of betting that allows you to put your money on several different outcomes at once. So read our betting guide and find out more.
Round robin bet explained: it’s all in the details
A round robin bet is a way of betting on several team parlays in one bet. The average parlay is between 3 and 8 lines and 2-6 different teams. You can cover every possible eventuality, and bet on all possible outcomes – with several parlays at the same time. These selections can be created automatically via your bookmaker – so this kind of betting can be time-saving when you want to place several wagers at once.
Bookmakers usually offer between 3 and 8, with some offering more options than that. In most cases, a robin bet takes the form of seven separate bets on three events: singles, doubles and accumulator. If your bet has singles incorporated, you only need to get one prediction in three right to get at least some return from your initial stake. Although underused, robin bets are a great option like goliath bets and four fold bets for creating more variety and potentially earning more of a profit too.
Round robin bet example
Here, we have created a round robin bet example so that you have a better understanding of how this kind of wagering works. So, you’ve decided on three different teams for your winning combinations. Each of your parlays contains potential results for each game, as chosen by you. You could place each bet individually, but this can be time consuming – and there it is more difficult to ensure that you have covered every possible outcome. You only need to get one parlay right to make some kind of profit on your stake – so there’s a good chance you’ll be able to pick up some winnings.
Advantages and disadvantages of round robin betting
So, we’ve gone into detail regarding round robin bet explained, and given a round robin bet example, now it’s time to talk about why people would choose to place a parlay bet. The main advantage of this kind of wagering is that it opens up your options for winning. When you place a straight, single bet, there is only one possible outcome. Either your selection will be correct, and you’ll win your bet, or you’ll be wrong – and you’ll lose your stake. With round robins, there are several different potential outcomes – and so, you have several different chances of winning back your stake plus a profit.
With more outcomes and more chances of winning – you will have to invest more of your cash for round robin bets as opposed to more traditional forms of wagering. This can be more costly, and is the main disadvantage of betting in this way. However, a series of smaller bets can help you to manage the cost while placing round robin bets.
Round robin betting tips
It’s always a good idea to have a few betting strategies up your sleeve for round robin betting. Here, we give you a rundown of some of our tried and tested ways to make the most out of this kind of wagering. Read on to get the tricks of the trade…
1. Use a calculator
Even if you’ve had the round robin bet explained to you, working out the details of your selections can prove to be a little tricky – especially if you’re new to betting in this way. Using a round robin calculator excel can be a big help when it comes to making the best possible selections. These are easy to use, even for the inexperienced – and should help you to make a smart bet quickly.
2. Get a bonus
If you’ve ever placed any kind of bet before, you’ll know just how valuable a sports betting bonus can be. All of the best online bookmakers offer generous bonuses, especially for new members. If you’re placing a round robin bet, it makes sense to have as much cash to play with as possible. Taking advantage of a decent bonus means that you can bet with double or even triple your original deposit – and potentially win more too.
3. Find out about the best teams
Ideally, you should only do round robin betting on sports with which you are already familiar. The more knowledge and experience you have of the games and the teams, the more accurate your predictions will be.
4. Choose a top bookmaker
Have a look at the bonuses and odds available for round robin betting, and read about other bettors’ experiences of particular bookmakers. If you’re not sure where to start, check out our guide to the best bookmakers for placing these kinds of bets – we’ve done the research for you, so all you need to do is decide to get started.
The best round robin operators
|Max. Wert||Bonus Type||Details||Get the Bonus|
|1||100 / 100||30||£30 FreebetT&Cs apply, 18+||Betway bonus|
|2||99 / 100||25||Claim your £25 bonus with bonus code VIPNOVIT&Cs apply, 18+||Novibet bonus|
|3||98 / 100||30||Bet £10 Get £30T&Cs apply, 18+||888 bonus|
|4||97 / 100||30||Matched bet of up to £30T&Cs apply, 18+||Coral bonus|
|18+. UK+IRE only. Paypal & some deposit & bet types excl. Min first bet £10 a odds 1/2 or more. Tote and Pool excluded. Must be placed within 14 days of account reg. £30 credited as 3 x £10 free bets. Not valid with CashOut. Free bet valid for 7 days. Free bet stake not returned. 18+ T&Cs Apply."|
|5||96 / 100||30||£30 insuranceT&Cs apply, 18+||Genting-Bet bonus|
|£30 First Bet Insurance: New customers only. Qualifying period ends 23:59 GMT on 31/12/19. A qualifying bet is a losing first settled real money single bet of at least £/€10 or more (at odds of evens (2.0) or greater (or a multiple where each selection is at odds of 2/5 (1.4) or more. Only losing win single part of an E/W bet will qualify. Free bet equal to your qualifying stake(Max £/€30) will be credited within 24 hours of qualifying bet settling and must be used within 14 days. Free bet stake not included in returns. Terms and conditions apply, 18+.|
|6||95 / 100||£50||Bet £50 and Get £50T&Cs apply, 18+||Betfair bonus|
|7||94 / 100||100||£100 in bet creditsT&Cs apply, 18+||Bet365 bonus|
|New Customers only. Up to £100 in Bet Credits. Sign up, deposit £5 or more to your account and bet365 will match your qualifying deposit in Bet Credits when you place qualifying bets to the same value and they are settled. Min odds/bet and payment method exclusions apply. Returns exclude Bet Credits stake. T&Cs, time limits & exclusions apply.|
|8||94 / 100||£10||£10T&Cs apply, 18+||Mobilebet bonus|
|9||93 / 100||30||Bet £10 get £5 free!T&Cs apply, 18+||William-Hill bonus|
|10||92 / 100||£200||100% matched bonusT&Cs apply, 18+||TonyBet bonus|
|11||91 / 100||50||Fantastic £50 welcome bonusT&Cs apply, 18+||Bethard bonus|
|12||90 / 100||£10||£10 Free BetT&Cs apply, 18+||ComeOn bonus|
|13||90 / 100||£100||£100 Matched DepositT&Cs apply, 18+||Mr-Green bonus|
|14||89 / 100||30||Get your €30 bonus!T&Cs apply, 18+||BetVictor bonus|
|15||88 / 100||£30||£30 Money BackT&Cs apply, 18+||Unibet bonus|
|16||88 / 100||£100||Up to 100% winnings boostT&Cs apply, 18+||32Red bonus|
|17||85 / 100||£10||£10T&Cs apply, 18+||Grosvenor bonus|
|18||84 / 100||50||50£ FreebetT&Cs apply, 18+||Ladbrokes bonus|
|19||81 / 100||£50||50% bonus up to £50T&Cs apply, 18+||Mansion-Bet bonus|
|20||80 / 100||£100||50% up to £100T&Cs apply, 18+||10Bet bonus|
How to select the best bookmaker for round robin bets
Should you go for round robin bet William Hill? Should you choose the Bovada sportsbook? Is Betway the best option for your round robin bets? Now that you’ve got to grips with round robin bet explained, and had a look at a round robin bet example, it’s time to choose the best bookmaker for your needs. You should check the odds, and see how they compare with other offerings on the market. If you like to wager via your mobile, it’s worth noting the quality and availability of any betting apps too. The offers and promotions can also influence your decision, but try to base your choice on all the important factors – not just a betting bonus without payment, for example.
The bookmakers you can trust
Here, we give you all the information you need about the best bookmakers who take round robin bets amongst several other kinds of wager. These providers are all reliable, well-established organisations that you can trust for placing bets in a safe and secure manner – and they offer some of the most competitive odds in the business.
British based William Hill is chosen by thousands of bettors every year, some of whom place round robin bets that can prove to be very lucrative on Aintree horse races. New customers can get a 300% match on the first deposit: when you put £10 into your new account, you get £30 in free bets. You can use this bonus to place round robin bets on the sport of your choice.
888Sport is one of the most trusted sportsbooks in the industry. Established in 2008, the bookmaker offers good odds on round robin betting and lots of choice when it comes to betting on football derbies. New members have access to a similar welcome deal as William Hill: a £10 bet from your own funds will release £30 in free bets – which you can use to place a round robin bet.
Betway was founded in 2006, and is a popular choice for round robin betting. You can access competitive odds across a range of sporting events, and there are lots of promotions, in-play bets and special offers to help make your money go that bit further. For example, new customers who sign up to the site can get a match on their first deposit that is worth £30 in free bets – as long as you make a deposit of at least £10. There’s lots of offer for members who continue to bet with Betway too, with the potential to claim £10 in free wagers every week if you fulfil the minimum betting criteria of at least £25.
Should you go for round robin bets?
Round robin bets are some of the most underused ways of wagering in the sports betting industry, and alongside draw no bets and lay betting, they are under-used by many newbie punters. However, all good bookmakers offer this option, which would suggest that it is worth taking advantage of. If you have a good knowledge of your chosen sport, and the teams themselves (including their recent form) – then round robin betting could be the winning ticket that you’ve been looking for. However, if you are a newbie to sports betting in general, it might be best to get a few basic wagers under your belt before moving on to this kind of betting. The great thing is, round robin betting can give you a much better chance of winning – and for that reason alone, it’s worth giving it a go!