Round robin betting is a popular way for punters in India to spread their risk while enjoying the thrill of online betting. If you are wondering how to work out a round robin bet, this guide will explain the basics and help you understand the calculation involved.
A round robin bet involves creating multiple smaller parlays from a set of selected bets. For instance, if you pick three teams to bet on, a round robin will form multiple bets combining these teams in pairs or triples. This means instead of placing one all-in bet, you place several smaller bets covering all possible combinations.
To work out a round robin bet, start by choosing the number of selections. Say you have three selections: Team A, Team B, and Team C. The round robin will combine these into two-team parlays (doubles) and possibly a three-team parlay (treble), depending on your choice.
Let's say you choose doubles. The possible parlays will be:
- Team A & Team B
- Team B & Team C
- Team A & Team C
Each parlay is treated as a separate bet with its own stake. If you place ₹100 on each parlay, your total stake is ₹300. If any two teams win in a parlay, that bet pays out according to the combined odds.
Calculating potential returns requires multiplying the odds of each team in the parlay. For example, if Team A has odds of 1.8 and Team B has odds of 2.0, the parlay odds are 1.8 x 2.0 = 3.6. Your return on a ₹100 stake would be ₹360.
Round robin bets are ideal for sports like cricket or football, where outcomes are uncertain and combining bets can increase chances of winning some returns even if not all selections win. However, remember that the total stake increases with the number of combinations, so calculate your budget carefully.
In summary, how to work out a round robin bet boils down to selecting your teams, deciding the size of parlays (doubles, trebles, etc.), calculating every combination, and multiplying the odds for each parlay. This approach allows Indian bettors to enjoy a strategic edge without placing a single large-risk bet.