Round Robin Calculator
Calculate all possible parlay combinations. Round robin betting provides more consistent opportunities for returns compared to single parlays while allowing for flexibility in managing outcomes.
What Is a Round Robin Bet?
Round robin betting combines multiple parlays into a single bet structure. For instance, if you choose three teams (A, B, and C), a round robin bet will generate three two-team parlays: AB, AC, and BC. This structure increases your chances of winning because you don't need all selections to succeed to secure a payout.
Round robin betting offers a middle ground between single bets and high-risk parlays. Unlike traditional parlays where all legs must win for a payout, round robins allow partial success. However, they require a higher total stake due to multiple combinations. Some key features include:
- Flexibility: You can win even if one or more selections fail.
- Coverage: Multiple combinations provide broader coverage compared to single parlays.
- Risk Management: Reduces the risk of losing your entire stake compared to traditional parlays where all selections must win.
Round Robin vs Single Parlay
Round robin betting provides more consistent opportunities for returns compared to single parlays while allowing for flexibility in managing outcomes. Bettors who prefer steady returns or want to hedge against the risk of losing everything often gravitate toward this strategy. However, if you're confident in your picks and willing to take on higher risk for potentially larger rewards, single parlays might be more suitable.
| Feature | Round Robin | Single Parlay |
|---|---|---|
| Risk | Lower (multiple chances to win) | Higher (all legs must succeed) |
| Payout Potential | Moderate | High |
| Stake Requirement | Higher (multiple bets) | Lower |
How to Calculate a Round Robin Bet
Using our Round Robin Calculator, you can quickly determine your total stake, potential returns, and maximum payout. Below is an explanation of the calculator's inputs and outputs, plus how they influence the final output.
Inputs Explained
Stake Per Combination (Input)
This input specifies how much you're wagering on each individual parlay within the round robin. For example, if you set the stake per combination at $10 and have three two-team parlays, your total stake will be $30 ($10 x 3). Adjusting this value directly impacts your total risk and potential winnings.
Selections (Input)
The number of selections determines how many teams or events you're including in your round robin bet. For example, with three selections (A, B, C), the calculator generates three two-team parlays: AB, AC, and BC. Adding more selections increases the number of possible parlays exponentially. For instance, four selections create six two-team parlays, while five selections create ten two-team parlays.
Odds (Input)
Enter the odds for each selection in either decimal or American format. Odds influence the payout for each parlay. For example, decimal odds of 2.00 (even money) double your stake if successful. Higher odds yield greater potential returns but come with increased risk.
Selection Outcomes (Input)
Specify whether each selection wins, loses, or pushes (ties). The calculator uses these outcomes to simulate different scenarios: If all selections win, you achieve the maximum payout. Otherwise, if only some selections win, the calculator shows situational results based on successful parlays.
Outputs Explained
Once you've entered all inputs into the calculator, it provides several key outputs:
- Total Combinations: The number of unique parlays generated from your selections.
- Total Stake: The sum of all stakes across combinations.
- Potential Return: The total amount you could win for each parlay combination based on your inputs.
- Maximum Return: The highest possible payout if all selections are successful.
For example; with three selections at odds of 2.00 each and a $10 stake per combination:
- Total Combinations: 3
- Total Stake: $30
- Maximum Return: $120 (if all three parlays win)
Round Robin Calculator Alternatives
Our website offers several complementary betting calculators to enhance your betting strategy:
- The Accumulator Calculator helps you calculate potential returns from multiple selections combined into a single bet.
- For those looking to spread risk across multiple selections, the Lucky 15 Calculator calculates returns for 15 bets from 4 selections.
- The Trixie Calculator provides returns for 4 bets from 3 selections (3 doubles and 1 treble).
- For optimal bankroll management, try our Kelly Criterion Calculator to determine the ideal stake size.
- The Dutching Calculator helps distribute stakes across multiple outcomes to secure equal profits regardless of which selection wins.
- To minimize potential losses or secure guaranteed profits, use our Hedge Bet Calculator.
Frequently Asked Questions (FAQs)
What is the minimum number of selections for a round robin bet?
A round robin bet requires at least three selections to form multiple parlays.
How do I calculate my total stake in a round robin bet?
Multiply your stake per combination by the total number of combinations generated from your selections.
Can I still profit if one selection loses?
Yes! In a round robin bet, you can still profit if one or more parlays succeed, even if not all selections win.
What's the difference between "Stake Per Bet" and "Total Combined Stake"?
"Stake Per Bet" applies your chosen amount to each parlay individually, while "Total Combined Stake" divides your total stake across all parlays.
Are round robin bets better than traditional parlays?
It depends on your goals. Round robins offer better coverage but require higher stakes compared to single parlays.