Round robin bet explained
Last updated & tested: 2019-05-26
Everything you need to know about the Round Robin bet
What is a round robin bet? If you’re looking to get 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. We’ve even got a round robin bet example to talk you through. 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 sports. This is because, even though round robin betting is offered by most bookmakers; it is a much underused option for placing wagers.
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Round robin bet explained: it’s all in the details
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.
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 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 round 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, round 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.
The best round robin operators
Advantages and disadvantages of round robin betting
So, we’ve gone into detail so you have a 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 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.
How to select the best bookmaker for round robin bets
Should you go for round robin bet with William Hill? Should you choose the 888Sport sportsbook? Is Betway the best option for your round robin bets? Now that you’ve got to grips with it, had a round robin bet explained, and looked 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.
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British-based bookmaker 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 like the Grand National. 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. As a huge bookie with hundreds of high street betting shops, William Hill represents a solid choice.
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Although it doesn’t have a long history, 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.
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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 on 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 something many newbie punters may shy away from. 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, sportspeople or horses and greyhounds 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!