Round Robin Betting – A Betting Strategy

In our Round Robin betting guide, we help you understand how round robin bets work and how you can use them to win big and cover the costs if you lose. This betting strategy has been popularized in sport, particularly in football. However, it can also be used in other sports and leagues such as basketball and baseball. Continue reading to find out more.

What is Round Robin Betting?

Round Robins are quite commonplace in sports where there are tournaments or leagues. A round robin is basically a format where players or teams in a group need to play against all the other players or teams in the same group.

This structure is used in many sports leagues, and there may even be double round robins, where the teams play both at their home grounds and away at their opponents stadium. Round robins are used for qualification rounds in major international football tournaments as well as in domestic leagues, where the teams in each league division play in double robin rounds.

Basketball, baseball and many other sports also use this format, although the teams play in much smaller divisions that are grouped between the different conferences.

Round Robin Betting

Round robin bets are similar to parlays, but instead of combining many bets into one bet, where all need to win for the bet to pay, round robin betting breaks parlays into smaller groups of bets where if some of the bets win the robin round bet will still pay out.

It sounds a bit difficult to understand, but once explained it is quite straightforward. Round robins can be formed between as many teams as the bettor wants, so it can be customised into many different combinations. If three teams are chosen, the sportsbook will generate three different two team parlays. If five teams are chosen, the book can generate either 10 two team parlays, 10 three team parlays, 5 four team parlays or 1 five team parlays.

For an example, the simplest round robin bet is when three teams are chosen to create three separate two team parlays, in Premier League football this can be:

Tottenham Hotspurs to win vs Wolverhampton Wanderers at odds 2.2

Manchester City to win vs Manchester United at odds 1.8

Chelsea to win vs Liverpool at odds 3.3

In a regular parlay, all of these bets would need to win for the bet to win. In round robin parlays, this three team parlay can pay out even if one of the games does not win. The three bets are placed into three separate bets of two, which will be:

Parlay 1

Tottenham Hotspur to win at odds 2.2

Manchester City to win at odds 1.8

Parlay 2

Manchester City to win at odds 1.8

Chelsea to win at odds 3.3

Parlay 3

Chelsea to win at odds 3.3

Tottenham Hotspur to win at odds 1.8

If Tottenham Hotspur does not win, the second parlay will still pay out. If Manchester City does not win, the third parlay will pay out, if Chelsea does not win then the first parlay will still pay out. If all of the bets win, then all three parlays payout, which brings the bettor the complete winnings. This makes round robin bets slightly more advantageous to use, compared to parlays.

How To Use Round Robin Bets

It can take some time to get used to creating round robin bets, but they are definitely useful for punters who try them out.  The possibilities for combining different matches into one round robin bet can be massive, as punters may choose to use three, four, five or more matches in the same bet.

The number of bets that are chosen to be included in the round robin bet will greatly increase the number of payouts that are possible. This offers fans the chance to create very specific bets that can have potential massive winnings, but they can still turn a profit or return part of the stake if not all of the bets come through.

There are many different possibilities when it comes to round robin betting, which means that punters will probably spend more time trying out different combinations and seeing how much they stand to win from each one, but for those who put in the time to learn about how to use round robin bets, it can be highly profitable.

A good place to start is by choosing a basic round robin bet between three teams where the betting will be divided into three separate paired bets. The odds are easier to understand and bettors will be able to calculate the winnings from each of the potential winning scenarios.

If punters are feeling more daring, they can try to place more ambitious round robin bets. While these are more complicated, the online sportsbook should generate some calculated winnings so that the punters know exactly how much they stand to win and can try to mix up their bets so they can bring out the best odds out of their round robin bets.

The Bottom Line

To conclude our Round Robin betting guide, we hope that you are more familiar with these types of bets. If you are curious to try them out, the good news is that you can use this strategy at online sportsbook sites in the UK. The best online bookies include the likes of Bet365 Sportsbook, a site that is known for its popular bet boosters on Premier League football matches.

Click here to try the best odds at bet365 Sportsbook