There are lots of different types of accumulator bets out there and a Round Robin bet is probably the most interesting type. You can create pretty complex wagers with it and combine several outcomes into one wager: If you win the bet, the payout will be more than satisfying.
However, as always, you need to know what you are doing in order to increase your chances and this is what we will do in this Round Robin bet breakdown guide.
First, we will answer what is a Round Robin bet and then we will explain round robin bet in detail with examples. Let’s start!
- 1What does a Round Robin bet consist of?
- 2Rules of Round Robin betting
- 3Round Robin bet example: How does it work?
- 4How to place a Round Robin bet?
- 5Round Robin bet payout: What to expect?
- 6Variants of the Round Robin bet
- 7When to use Round Robin bets?
- 8Are Round Robin bets worth it?
- 9FAQ about Round Robin parlay bets
What does a Round Robin bet consist of?
In other words, what is Round Robin bet? As you know, there are different types of sports betting, and parlay bets are one of the most popular ones. In parlay bets, you combine different selections in a single wager and if all your selections win, you win the bet. You must make at least 2 selections in order to create a parlay bet.
If a team plays every other team in its group, this is called a “round-robin tournament”. The name of this bet also comes from here. Naturally, sports that allow such tournaments are the best & most popular choices for a round robin bet. Football is the first sport that comes to mind, but MLB, NBA, MLS, NHL, and NFL will be good choices too.
🥇 Best online casinos to place parlay bets in 2021
Rules of Round Robin betting
How do you win a round robin bet? Let’s explain the Round Robin bet rules in a list so you can understand what you need to do & how to win.
Round Robin bet example: How does it work?
Let’s explain how does a Round Robin bet work with a simple Round Robin football bet example. Imagine it is the weekend and there are three football matches you can bet on. For example:
- Team A vs Team B
- Team C vs Team D
- Team E vs Team F
Now, let’s assume that you think Team A, Team D, and Team E will be the winners of these matches. Here are the odds offered for them:
- Team A – 1.35
- Team D – 3.90
- Team E – 7.50
So far so good, right? At this point, you have two options:
- You can create a single parlay bet and put all these selections in it. In one wager, you bet on Team A, D, and E will win the match.
- You can create 3 parlays with two teams and place a Round Robin bet. It will look like this:
Team D – 3.90
Team E – 7.50
Team E – 7.50
Note that the bet type is actually not important: IT can be moneyline betting or point spread betting. No matter what it is, if two of these parlays win, we win the bet. Also note that by picking more teams you can create a 4 team round Robin Bet too, or even more. So, if you are wondering how does a 5 team Round Robin bet work, it works exactly like this: You just pick more teams and create more combinations.
How to place a Round Robin bet?
We explained Round Robin bet meaning so let’s continue with how to place it. This is not a “how to place a bet” guide, so we will keep things simple.
Round Robin bet payout: What to expect?
Round Robin bets do not change the odds of parlay but will pay more if all your choices win. This is because its cost is also higher. For example:
Variants of the Round Robin bet
Some bookmakers use different terms for a Round Robin bet, and there are other bet types that are remarkably similar to Round Robin betting. To give you a general idea, we are listing them all below:
- Trixie Bet: You are placing four bets (three doubles + one treble) on three selections and in different events. This is actually a horse racing term, but some bookmakers use it instead of “Round Robin”.
- System Bet: A mix of several combination and single bets put into a single wager. Unlike parlay/accumulator bets, you can still win even if not all your selections win. Round Robin is a sub-category of system bets.
- Patent Bet: Consists of 7 bets on three selections in different events. For example, you can place three doubles, three singles, and one treble.
- Yankee Bet: 11 bets in 4 different events: You are placing 6 doubles, 4 trebles, and 1 fourfold accumulator.
- Lucky 15: 11 bets in 4 different events: You are placing 4 single, 6 doubles, 4 trebles, and 1 fourfold accumulator.
- Lucky 31: You are placing 31 bets in total: 5 single, 10 doubles, 10 trebles, 5 fourfold accumulators, and 1 five fold accumulator.
- Lucky 63: You are placing 63 bets in total: 6 single, 15 doubles, 20 trebles, 15 fourfolds, 6 fivefolds, and 1 sixfold accumulator.
- Heinz Bet: You are placing 57 bets in total: 15 doubles, 10 trebles, 15 fourfolds, 6 five folds, and 1 five fold accumulator.
- Super Heinz Bet: You are placing 120 bets in total: 21 doubles, 35 trebles, 35 fourfolds, 21 fivefolds, 7 sixfolds, and 1 sevenfold accumulator.
There are, of course, other multiple bet types (such as Trifecta Box) but we cannot list all of them here: We recommend checking our individual guides.
When to use Round Robin bets?
There is no “guaranteed” Round Robin bet system you can use: Wagering on multiple outcomes is always high risk and there is no sure way to win it. However, we can give a couple of tips to increase your chances:
👉 Betting on the favorite will almost always be your best option: Unless you are absolutely sure that the underdog has a winning chance, stick with the favorites.
Are Round Robin bets worth it?
- Can pay much better than regular parlay bets
- You can still win even if one of your selections lose
- Works on all sports, not only horse racing
- Costs more than regular parlay bets
- Can be quite complex with more selections
FAQ about Round Robin parlay bets
This depends on your bankroll: There is no fixed “magic” number that works for everyone. We recommend sticking in a range of 5 – 20 EUR if you are a beginner.
This depends on the number of your selections and your bankroll. The more you pick, the higher the cost will be. If you recently started, we do not recommend choosing more than 5 selections.
In parlay betting, all your selections must win to win the bet. You lose even if only one of them loses. In a Round Robin bet, you can lose a single selection and still win.
Yes, but each way bet is only allowed in horse races. So, if you are betting on a horse race, you can place each way Round Robin bets too.
As explained above, this is a multi-bet accumulator that consists of 11 bets (6 doubles, 4 trebles, and 1 fourfold accumulator) in 4 different events. This term is used in horse racing betting.
Yes, but only if you are confident of your selections. You cannot place a Round Robin bet hoping that you will get “lucky enough”: Make sure your selections really have a winning chance.
Place your first round robin sports bet today
Use the right Round Robin betting strategy and start winning big today: We already picked the best bookmakers for the job. You learned what is a Round Robin bet and how it works, so you can start making some practice. We will be here helping you along the way, so if you get confused or need more help, make sure to come back and check our other guides too. As always, we wish you good luck!