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Round Robin bets can seem confusing, especially if you're a beginner. This type of betting involves multiple combinations of parlays from selected events, which increases winning chances but complicates calculations. This is exactly where the Round Robin betting calculator comes to the rescue — a simple but powerful tool that does all the mathematical calculations for you.
What are Round Robin bets?
Round Robin is a betting system where you combine several single events into various parlay combinations. For example, if you selected three matches, Round Robin will create parlays from pairs (doubles) and a triple parlay. Thus, even if one event doesn't win, you can still get a payout from other combinations.
How does the Round Robin betting calculator work?
Such a calculator helps:
- Calculate the total number of parlays from selected events;
- Determine how much to bet on each parlay;
- Calculate possible profit depending on outcomes.
- Quickly compare how profitable the bet is under different scenarios (all outcomes won, some lost, etc.).
EXAMPLE
You selected 3 football events with odds:
- Event 1 — 1.80
- Event 2 — 2.10
- Event 3 — 2.00
You want to make a Round Robin in "2 out of 3" format and bet $10 on each double. A total of 3 parlays with 2 outcomes will be created:
- Event 1 + Event 2
- Event 1 + Event 3
- Event 2 + Event 3
Total bet amount: 3 parlays × $10 = $30
If all 3 events win:
- All 3 parlays win, total profit will be, for example, $75-85 (depending on odds)
If only 2 events win:
- One parlay loses, two win, you still get profit (smaller, but it will be there).
Thus, even with partial success, you retain a chance of winning.
How to use the Round Robin betting calculator
Bettors need to follow this instruction:
- Specify from 3 to 8 sports events you want to include in the combination.
- Enter current odds for each outcome.
- Specify the Round Robin type, for example "2 out of 3" or "3 out of 5".
- Enter the amount you're ready to bet on each mini-parlay.
- Click "Calculate" and the calculator will show the total number of bets, final amount and potential profit depending on how many outcomes win.