Unlike other strategies, the round-robin method is not so widely known. This is partly due to the rather narrow scope of application. However, this tactic is worth knowing if you are serious about betting. In this review, we will cover all aspects of this method.
Today, there are different strategies. Some are universal and applicable to different games and sports betting. Other methods only work in a particular sport or type of bet. A beginner should carefully study the features of each approach. This will help you choose the best option. Read our sports betting winning strategy review. It tells about the most popular options.
What Is Round Robin Betting?
The essence of the Round-Robin strategy is that one large accumulator is divided into several small ones to reduce risks. This is an analog of a package wager in sweepstakes. The minimum number of accumulators is 3, and the maximum is limited only by the functionality of the bookmaker and the bettor’s bank.
The circular strategy is conservative. If you break a large express bet into small ones, the potential winnings will be smaller, but if you lose one event, the Round Robin strategy will still give you a plus. This strategy is a safety technique to move slower but more steadily.
Example of Round Robin Bets
Let’s imagine that you like three games and want to collect them in an express:
- Wolverhampton – Arsenal: W2 in 2.45
- Everton – Burnley: W1 in 1.61
- Southampton – Bournemouth: L1 for 2.01.
In a regular express bet, there will be three events. You will lose your wager if at least one does not play out. To avoid this, a circular strategy is used: instead of one large express bet of 3 events, you make three express bets of 2 events each:
- Arsenal win + Everton win;
- Everton win + Southampton win;
- Southampton win + Arsenal win.
If one event loses, there will still be one winning express that will bring profit.
How to Calculate Round Robin Odds
Let’s say we wager $10 on each mini-express, and all three events played out:
45*1.61*10 + 1.61*2.01*10 + 2.01*2.45*10 = $121 – income
121 – 30 (amount of bets) = 81 – net profit
If we make a large express bet consisting of 3 events:
45*1.61*2.01*30 = $237.8 ($207.8 profit)
The amount is significantly larger, but if Immobile gets off on the wrong foot or Tottenham relaxes, you are left with nothing, unlike the situation with a circular betting strategy.
Let’s consider an example when one of the events did not play, and two mini-expresses failed. We consider the worst scenario when the event with the highest odds, that is, Arsenal, lost:
61*2.01*10 – 10 – 10 = $2.3
2 out of 3 express bets lose, but you still make a small profit.
How to Bet on Round Robin
The process of placing this bet is the same as a regular multi-bet. The only difference is splitting the original accumulator into several smaller ones.
Betting Strategies for Round Robin
When choosing this strategy, it is important to correctly determine the number of bets. The more mini batteries you use, the more finances you should have. You need to choose a middle ground between safety and financial costs.
Advantages and Disadvantages of Round Robin Betting
Pluses
- Reducing the likelihood of losing
- Ease of use
Minuses
- Reduced potential winnings
- Suitable for accumulator bets only
Examples of Round Robin Betting in Different Sports
Round robin can be a useful tool when betting on match outcomes. You can select multiple teams or players for each match and create all possible betting combinations between them.
For example, if you are betting on several football matches and want to select several teams you think will win, you can use a round robin to create all possible betting combinations between those teams.
Round robin can also be helpful when betting on busts or pass bets in various sporting events. For instance, if you are betting on a baseball game and want to select multiple players to make a hit, round robin will help you create all possible betting combinations between those players.
Conclusion
Round-robin bets are insurance. They decrease the chances of losing the bank. You can experiment and create different combinations. However, since the number of wagers is higher, it requires more money. Another disadvantage is the reduction in potential winnings. Thus, this is a strategy for cautious bettors.
F.A.Q.
This is the number of mini accumulators you divide your initial wager into.
This strategy has advantages and disadvantages. It is definitely effective, and its benefits depend on the specific situation.
If all your predictions are wrong, you will lose the bet.