If you are looking to answer the question “What Is a Round Robin Bet?” then you are most definitely on the right page. Check out our full guide on how a Round Robin bet works, as we answer other questions including:
- How much does a Round Robin bet cost?
- How many combinations does a Round Robin bet have?
- How does a Round Robin bet work?
We’ll explain and show you how many selections the bet has and how the 10 different combinations work for the Round Robin bet.
All of the info will be explained with tables and screenshots to make it easy to understand. It is important to note that this bet is not advised for beginners. Although the bet only contains three selections, this can be a complicated bet to understand for beginner bettors. However, this guide should help.
HOW MUCH DOES A £0.20p ROUND ROBIN BET COST?
Depending on your betting style and how much you budget, will decide how much a Round Robin will cost. You can do these bets for different stakes and amounts in line with your budget. Don’t forget that you should only bet with money you can comfortably afford to lose.
Check out the table below, which shows you how much it costs for a twenty-pence Round Robin.
| ROUND ROBIN BET STAKE | TOTAL COST |
|---|---|
| £0.10p Win | £1.00 |
| £0.10p Each Way | £2.00 |
| £0.20p Win | £2.00 |
| £0.20p Each Way | £4.00 |
| £0.25p Win | £2.50 |
| £0.25p Each Way | £5.00 |
| £0.50p Win | £5.00 |
| £0.50p Each Way | £10.00 |
| £1.00p Win | £10.00 |
| £1.00 Each Way | £20.00 |
| £5.00p Win | £50.00 |
| £5.00 Each Way | £100.00 |
The Round Robin is a really unique bet as it contains only three selections but has ten different bets.
The Round Robin is a great bet for favourite backers and advanced punters. It has three selections and combines 3 x doubles, 1 x trebles, and six single stakes about bets.
So you have 10 separate bets that are within a Round Robin, and it is the “single stakes about” portion of the bet that makes this one a much more advanced betting strategy.
HOW MANY COMBINATIONS DOES AN Round Robin HAVE?
In the table below you can see how many combinations in total the Round Robin has.
| BET TYPE | NO OF COMBINATIONS |
|---|---|
| Singles (Single Stakes About) | 6 |
| Doubles | 3 |
| Trebles | 1 |
| Fourfolds | 0 |
| Fivefolds | 0 |
| Sixfolds | 0 |
| Sevenfolds | 0 |
| Eightfolds | 0 |
| Ninefolds | 0 |
| Tenfolds | 0 |
HOW DOES A ROUND ROBIN BET WORK?
Understanding the combinations of the Round Robin bet is important as it can be tricky to understand. We’ll try and simplify it for you here with some examples.
As an example, your three selections could be favourites or shorter prices, and your aim, of course, is to get three winners.
But there is a real strategy around the Round Robin bet, so let’s dive a bit deeper.
- Selection A – 2/1
- Selection B – 3/1
- Selection C – 4/1
The first four bets are easy to understand as you have three doubles (AB, AC & BC) plus one treble (ABC), and most punters, even novices will most likely understand these bets.
Single Stakes About
This is the portion of the bet that becomes more difficult to understand. So you have 6 more bets which are single stakes about.
So looking at the example of our three horses and the prices, let’s explain how single stakes about bets work and show how our bet would look with all of our selections winning.
Bet 1:
Part 1: Bet on selection 1 at 2/1.
Part 2: Bet on selection 2 at 3/1 if sufficient funds are remaining from part 1.
- So if selection 1 is a winner then we have a return of £3.
- We keep £2 as profit and place the remaining £1 on selection 2.
- So if selection 2 wins then we have a return of £4.
- This gives us a total profit on this portion of the Round Robin bet of £6.
Bet 2:
Part 1: Bet on selection 2 at 3/1.
Part 2: Bet on selection 1 at 2/1 if sufficient funds are remaining from part 1.
- So if selection 2 wins then we have a return of £4.
- We keep £3 as profit and place the remaining £1 on selection 1.
- So if selection 1 is a winner then we have a return of £3.
- This gives us a total profit on this portion of the Round Robin bet of £6.
Bet 3:
Part 1: Bet on selection 1 at 2/1.
Part 2: Bet on selection 3 at 4/1 if sufficient funds are remaining from part 1.
- So if selection 1 is a winner then we have a return of £3.
- We keep £2 as profit and place the remaining £1 on selection 3.
- So if selection 3 wins then we have a return of £5.
- This gives us a total profit on this portion of the Round Robin bet of £7.
Bet 4:
Part 1: Bet on selection 3 at 4/1.
Part 2: Bet on selection 1 at 2/1 if sufficient funds are remaining from part 1.
- So if selection 3 wins then we have a return of £5.
- We keep £4 as profit and place the remaining £1 on selection 3.
- So if selection 1 is a winner then we have a return of £3.
- This gives us a total profit on this portion of the Round Robin bet of £7.
Bet 5:
Part 1: Bet on selection 2 at 3/1.
Part 2: Bet on selection 3 at 4/1 if sufficient funds are remaining from part 1.
- So if selection 2 wins then we have a return of £4.
- We keep £3 as profit and place the remaining £1 on selection 3.
- So if selection 3 wins then we have a return of £5.
- This gives us a total profit on this portion of the Round Robin bet of £8.
Bet 6:
Part 1: Bet on selection 3 at 4/1.
Part 2: Bet on selection 2 at 3/1 if sufficient funds are remaining from part 1.
- So if selection 3 wins then we have a return of £5.
- We keep £4 as profit and place the remaining £1 on selection 2.
- So if selection 2 wins then we have a return of £4.
- This gives us a total profit on this portion of the Round Robin bet of £8.
As you can see, this is the more advanced part of the Round Robin bet and it is one that requires a good knowledge of the form. It also works best with shorter-priced runners, which of course are more likely to win.
With a Round Robin, you only need one horse to win (in a win Round Robin) or get placed (in an each-way Round Robin) but how much would this bet win in total if we included our three doubles, our treble and our six single stakes about bets.
The total amount returned on our £1 win Round Robin above would be £149. Not a bad return for a £10 stake.
CONCLUSION
Hopefully, you’ll have learned more about what a Round Robin bet is and you can now understand exactly how all the combinations of this advanced bet work.
If you like placing multiple bets like a Round Robin, then you might want to follow our horse racing expert Richard Smith here at Ontheballbets and his regular pieces on all the big race meetings including the Cheltenham Festival, The Grand National, Royal Ascot, Glorious Goodwood, Qatar Prix De L’Arc de Triomphe, Breeders Cup, The Melbourne Cup.
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If you are betting on horse racing or any other sport then please make sure to bet responsibly. Only bet an amount that you can comfortably afford to lose.
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