Round Robin Bet Calculator
A round robin bet covers 10 separate bets across three selections. The exact composition of the round robin is as follows:
- A treble bet covering selections 1, 2 and 3
- Three double bets: one covering selections 1 and 2; one covering selections 1 and 3; and one covering selections 2 and 3
- Three up-and-down bets covering each of the three selections (effectively six bets altogether)
Round Robin Calculator Free
You’ll easily find plenty of round robin calculators you can use for free online. These online tools are simple to use and are very convenient. To use a round robin calculator for free, just select round robin as your bet type, then enter the odds for the three selections, as well as your overall stake or stake per bet. Then in one click, you’ll be told the total payout, as well as the amount of profit you stand to make. You can program the calculator to see what happens should all three selections win, or if any combination of one or two selections win. With the calculator, you can also work out what selections need to win for you to make a profit on your original bet.
Round Robin Bet Calculator UK
Let’s have a look at how to calculate the payout for a standard round robin bet calculator UK odds, using 1/1 odds and a £10 stake to keep it simple. For accumulators, the bet value you enter is more often than not the value per bet. Since there are 10 bets making up the round robin, your £10 stake is really a £100 stake.
For the treble bet, you need all three selections to win for this bet to pay out. Selection 1 wins and with a £10 bet at 1/1 odds, you’ll receive £20 – £10 of this is your bet being returned, while the additional £10 is your winnings. For the second selection your £20 payout is used as the stake; the payout for this second bet would be £40. This £40 would then be used as the stake for the third and final bet, which would pay out £80 if successful. So for the treble bet, your £10 stake would result in a £70 profit.
Double bets work in the same as trebles, only there are two selections to take into account. So, if you’re betting £10 with both selections at odds of 1/1, you can expect a payout of £20 for the first selection winning. This is used as your stake for the second selection, which pays you £40 in total if it wins. Therefore, for the three double bets you can expect a total payout of £120, of which £30 is your initial bets and the remaining £90 is profit.
Then there’s the three up-and-down bets, each one of which covers two selections. The way these bets work, you can receive quite substantial payouts if both selections win. Each one is made up of two bets in two parts. Let’s have a closer look at how these bets are composed for selections 1 and 2:
- Bet 1, part 1: pays out if selection 1 wins
- Bet 1, part 2: if selection 1 wins, your initial bet is placed as a bet on selection 2
- Bet 2, part 1: pays out if selection 2 wins
- Bet 2, part 2: if selection 2 wins, your initial bet is placed as a bet on selection 1
If we’re using a £10 stake for bet 1 with both selections at odds of 1/1, for part 1 you’ll get your £10 bet returned, as well as £10 in winnings. Your £10 bet is then used for part 2. Again, you receive £10 in winnings, with your initial bet returned to you. From bet 1, therefore, you’ll receive a £30 payout, of which £10 is your initial bet and £20 is profit. Put bet 1 and bet 2 together and that’s a profit of £40, should both selections win. Since there are three up-and-down bets, if all three selections win, you’re looking at a £120 profit. Of course by placing this bet your chance of a return is reduced.
So, for a round robin with a £100 in total spent on the 10 bets with all bets at odds of 1/1, your total payout stands at £380. Since you spent £100 in bets, your final profit for the round robin would be £280.
There’s a lot to the round robin bet, which is why you may want to use a round robin bet calculator to work out your potential payout. Simply input the odds for the selections and your stake per bet or overall stake and your total payout will be calculated, along with your profit. Round robin bet calculators can come in handy, saving you a lot of sums, so they’re strongly recommended.
The table below summarises what selections each one of these bets covers
|Double Bet 1
|Double Bet 2
|Double Bet 3
|Treble Bet 1
Each of the three double bets covers two selections. The treble bet covers all three selections. For a double bet to pay out, the two selections it covers both need to win. As for the treble, it only pays out if all three selections win.
Now we’ll have a look at the up-and-down bet. Each one of these covers two selections (A+B, A+C and B+C). There are three up-and-down bets, but each one can be considered as two separate bets, for a total of six bets.
The way an up-and-down bet works, you place bets on the two selections. We’ll call them horse A and horse B. If one selection wins, the initial bet for that selection is placed as an extra single bet on the other selection. If both selections win, the initial bets for both selections are placed on the other bets, effectively giving you even more winnings.
How To Place A Round Robin Bet
Round robin bets may seem more complicated than other types of accumulator bet thanks to the inclusion of the up-and-down bet. However, placing this bet is as straightforward as anything. All you have to do is choose your three selections. For each one, click on the odds and it will then appear in your bet slip. With three selections in your bet slip, you’ll be able to group the three together as a round robin bet. Check the bet slip over to make sure everything’s as you want it, then click to confirm. If any of your selections win, you’ll be paid accordingly. With round robin bets, you’ll be guaranteed if just one of the three selections wins. It goes without saying that the more winning selections there are, the bigger your total payout will be.
How To Work Out A Round Robin Bet
Now that we’ve talked about double bets, treble bets and up-and-down bets, we’ll have a further look at how round robin bets work.
We’ll have a look at the double bets first of all. Each one of these covers two selections and both selections need to win for the overall bet to win. When you place a stake on a double bet, your payout from the first selection is used as the stake for the second selection. Therefore, if horse A wins at odds of 2/1 and you’ve bet with £1, your total payout of £3 will become the stake for the second selection. If horse B wins the second selection, your total payout for that will be £9. With a £1 initial bet, you’ll have made a profit of £8.
For treble bets, the same formula applies. With these bets though, there are three selections to consider, not two. All three selections need to win for a treble bet to pay out. If you place a £1 treble bet with odds of 2/1, you stand to win a payout of £27, of which £26 will be profit and £1 will be your initial stake.
For up-and-down bets, let’s assume horse A and horse B both have odds of 2/1. You place a £1 up-and-down bet (spending £2 in total since there are two bets). If both selections win, you’ll receive £6 in return, of which £4 will be profit and £2 will be your initial stakes for the two bets. Your two £1 stakes are used to place extra bets on the two selections, so you’ll end up with a second set of payouts totalling £6. Therefore, your total payout for both selections winning would be £10, with a profit of £8.
If both selections lose, you lose the bets and your initial stake isn’t returned to you. If one of the selections wins, you’ll be paid the winnings, but you’ll lose the stake since this will have been placed on the other selection. For example, if horse A wins, you’ll receive £2 in winnings and your £1 bet back. However, your £1 bet will go on horse B. Assuming horse B loses, you’ll have lost your initial bet. Since your initial bet was £2 and you’ve been paid £2, you won’t have made or lost any money. Up-and-down bets don’t always result in you not making or losing any money. If the odds are quite long, this can result in the bets being quite lucrative.
So, to calculate the overall payout for your round robin bet, you work out the payouts for the double, treble and up-and-down bets. The payout will, of course, vary depending on how much your betting, what the odds for the selections are and how many selections win. Use an online bet calculator to see what the potential payouts for this bet are.
Bet Calculator Round Robin
As with any type of accumulator bet, with the round robin your three selections can cover pretty much any any type of sporting, racing or current affairs event. Whatever selections you choose, save time and a lot of calculations by using a bet calculator for your round robin bet. This convenient online resource will do the hard work for you, so you don’t have to. Just enter the required details into the bet calculator to find out your round robin’s potential payouts. Make the most of bet calculators for round robins to see how much you stand to win – round robins can be fairly lucrative, so they’re definitely worth considering.
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