{"id":735,"date":"2017-09-07T13:21:58","date_gmt":"2017-09-07T13:21:58","guid":{"rendered":"https:\/\/www.oddsmonkey.com\/matched-betting\/?post_type=calculators&#038;p=735"},"modified":"2024-09-05T18:28:56","modified_gmt":"2024-09-05T17:28:56","slug":"round-robin-bet-calculator","status":"publish","type":"calculators","link":"https:\/\/www.oddsmonkey.com\/matched-betting\/calculators\/round-robin-bet-calculator\/","title":{"rendered":"Round Robin Bet Calculator"},"content":{"rendered":"        <div class=\"panel panel-default bc-panel\">\n            <div class=\"panel-heading\">Round Robin Bet Calculator<\/div>\n            <div class=\"panel-body\">\n                <form class=\"form-horizontal\">\n                    <div class=\"row\">\n                        <div class=\"form-group col-md-6\">\n                            <label class=\"col-sm-4 control-label\" for=\"bc-stake\">Unit Stake:<\/label>\n                            <div class=\"col-sm-8\">\n                                <input id=\"bc-stake\" name=\"bc-stake\" class=\"form-control\" type=\"number\" step=\"0.01\" value=\"1\">\n                            <\/div>\n                        <\/div>\n                        <input type=\"hidden\" value=\"roundrobin\" id=\"bc-type\" name=\"bc-type\" \/>\n                        <div class=\"form-group col-md-6\">\n                            <label class=\"col-sm-4 control-label\" for=\"bc-mode\">Odds Format:<\/label>\n                            <div class=\"col-sm-8\">\n                                <select class=\"form-control\" name=\"bc-mode\" id=\"bc-mode\">\n                                    <option selected=\"selected\" value=\"fractional\">Fractional (3\/1)<\/option>\n                                    <option value=\"decimal\">Decimal (4.0)<\/option>\n                                    <option value=\"american\">American ($300)<\/option>\n                                <\/select>\n                            <\/div>\n                        <\/div>\n                        <div class=\"form-group col-md-6\">\n                            <label class=\"col-sm-4 control-label\" for=\"bc-eachway\">Each Way:<\/label>\n                            <div class=\"btn-group col-sm-8\" data-toggle=\"buttons\">\n                                <label class=\"btn btn-primary\">\n                                    <input type=\"radio\" name=\"bc-eachway\" id=\"bc-eachway-yes\" value=\"1\" autocomplete=\"off\"> Yes\n                                <\/label>\n                                <label class=\"btn btn-primary active\">\n                                    <input type=\"radio\" name=\"bc-eachway\" id=\"bc-eachway-no\" value=\"0\" autocomplete=\"off\" checked> No\n                                <\/label>\n                            <\/div>\n                        <\/div>\n                        \n                    <\/div>\n\n                    <div class=\"table-responsive\">\n                        <table class=\"table table-condensed\" id=\"bc-table-legs\">\n                            <thead>\n                                <tr>\n                                    <th><div class=\"visible-xs\">#<\/div><div class=\"hidden-xs\">Selection<\/div><\/th>\n                                    <th>Odds<\/th>\n                                    <th class=\"bc-place-terms\">Place Term <i class=\"fa fa-info-circle bc-hint\" data-toggle=\"tooltip\" title=\"For each way bets the odds for the place part are calculated using the place term, these should be on the racecard or the betslip.\"><\/i><\/th>\n                                    <th>Result<\/th>\n                                    <th>Rule 4 <i class=\"fa fa-info-circle bc-hint\" data-toggle=\"tooltip\" title=\"If another horse is withdrawn from the race after the bet is placed, a Rule 4 reduction will be applied to all bets.\"><\/i><\/th>\n                                <\/tr>\n                            <\/thead>\n                            <tbody>\n                                <tr class=\"bc-leg\">\n                                    <td>1<\/td>\n                                    <td>\n                                        <div class=\"bc-box-fractional\">\n                                            <div class=\"input-group\">\n                                                <input type=\"number\" class=\"form-control bc-odds-numerator\" step=\"1\">\n                                                <div class=\"input-group-addon\">\/<\/div>\n                                                <input type=\"number\" class=\"form-control bc-odds-denominator\" step=\"1\">\n                                            <\/div>\n                                        <\/div>\n                                        <div class=\"bc-box-decimal\"><input class=\"form-control bc-odds-decimal\" type=\"number\" step=\"0.01\"><\/div>\n                                        <div class=\"bc-box-american\">\n                                            <div class=\"input-group\">\n                                                <div class=\"input-group-addon\">$<\/div>\n                                                <input class=\"form-control bc-odds-american\" type=\"number\" step=\"1\">\n                                            <\/div>\n                                        <\/div>\n                                    <\/td>\n                                    <td class=\"bc-place-terms\">\n                                        <select class=\"form-control bc-place-term\">\n                                            <option value=\"1\">1\/1<\/option>\n                                            <option value=\"2\">1\/2<\/option>\n                                            <option value=\"3\">1\/3<\/option>\n                                            <option value=\"4\" selected>1\/4<\/option>\n                                            <option value=\"5\">1\/5<\/option>\n                                            <option value=\"6\">1\/6<\/option>\n                                            <option value=\"7\">1\/7<\/option>\n                                            <option value=\"8\">1\/8<\/option>\n                                        <\/select>\n                                    <\/td>\n                                    <td>\n                                        <select class=\"form-control bc-outcome\">\n                                            <option value=\"won\" selected>Won<\/option>\n                                            <option value=\"placed\">Placed<\/option>\n                                            <option value=\"deadheat\">Dead Heat<\/option>\n                                            <option value=\"lost\">Lost<\/option>\n                                            <option value=\"void\">Void<\/option>\n                                        <\/select>\n                                    <\/td>\n                                    <td>\n                                        <select class=\"form-control bc-rule4\">\n                                            <option value=\"0\" selected><\/option>\n                                            <option value=\"5\">5p<\/option>\n                                            <option value=\"10\">10p<\/option>\n                                            <option value=\"15\">15p<\/option>\n                                            <option value=\"20\">20p<\/option>\n                                            <option value=\"25\">25p<\/option>\n                                            <option value=\"30\">30p<\/option>\n                                            <option value=\"35\">35p<\/option>\n                                            <option value=\"40\">40p<\/option>\n                                            <option value=\"45\">45p<\/option>\n                                            <option value=\"50\">50p<\/option>\n                                            <option value=\"55\">55p<\/option>\n                                            <option value=\"60\">60p<\/option>\n                                            <option value=\"65\">65p<\/option>\n                                            <option value=\"70\">70p<\/option>\n                                            <option value=\"75\">75p<\/option>\n                                            <option value=\"80\">80p<\/option>\n                                            <option value=\"85\">85p<\/option>\n                                            <option value=\"90\">90p<\/option>\n                                        <\/select>\n                                    <\/td>\n                                <\/tr>\n                                <tr class=\"bc-dh\">\n                                  <td>&nbsp;<\/td>\n                                  <td colspan=\"3\">\n                                    <div class=\"form-inline\">\n                                      <label>Tied position:\n                                        <input type=\"number\" class=\"form-control bc-dh-pos\" step=\"1\">\n                                      <\/label>\n                                      <label>Places paid:\n                                        <input type=\"number\" class=\"form-control bc-dh-places\" step=\"1\">\n                                      <\/label>\n                                      <label>Number of runners in dead heat:\n                                        <input type=\"number\" class=\"form-control bc-dh-runners\" step=\"1\">\n                                      <\/label>\n                                    <\/div>\n                                  <\/td>\n                                <\/tr>\n                            <\/tbody>\n                        <\/table>\n                    <\/div>\n\n                    <div class=\"panel panel-default bc-panel-bonuses\">\n                        <div class=\"panel-heading\">Bookmaker Bonuses<\/div>\n                        <div class=\"panel-body\">\n                            <div class=\"row\">\n                                <div class=\"form-group col-md-6\">\n                                    <label class=\"col-sm-4 control-label\" for=\"bc-bonus-all-win\">All Winner Bonus:<\/label>\n                                    <div class=\"col-sm-8\">\n                                        <div class=\"input-group\">\n                                            <input id=\"bc-bonus-all-win\" class=\"form-control\" type=\"number\" step=\"1\">\n                                            <div class=\"input-group-addon\">%<\/div>\n                                        <\/div>\n                                    <\/div>\n                                <\/div>\n                                <div class=\"form-group col-md-6\">\n                                    <label class=\"col-sm-4 control-label\" for=\"bc-bonus-one-lose\">One Loser Bonus:<\/label>\n                                    <div class=\"col-sm-8\">\n                                        <div class=\"input-group\">\n                                            <input id=\"bc-bonus-one-lose\" class=\"form-control\" type=\"number\" step=\"1\">\n                                            <div class=\"input-group-addon\">%<\/div>\n                                        <\/div>\n                                    <\/div>\n                                <\/div>\n                                <div class=\"form-group col-md-6\">\n                                    <label class=\"col-sm-4 control-label\" for=\"bc-bonus-one-win\">One Winner Bonus:<\/label>\n                                    <div class=\"col-sm-8\">\n                                        <select class=\"form-control\" id=\"bc-bonus-one-win\">\n                                            <option value=\"1\" selected><\/option>\n                                            <option value=\"2\">Double Odds<\/option>\n                                            <option value=\"3\">Treble Odds<\/option>\n                                            <option value=\"4\">Quadruple Odds<\/option>\n                                            <option value=\"5\">Quintuple Odds<\/option>\n                                        <\/select>\n                                    <\/div>\n                                <\/div>\n                            <\/div>\n                        <\/div>\n                    <\/div>\n                    \n                    <div class=\"row\">\n                        <div class=\"col-sm-12 text-center\">\n                            <button class=\"btn bc-calculate\">Calculate<\/button>\n                        <\/div>\n                    <\/div>\n\n                    <div class=\"table-responsive\">\n                        <table class=\"table table-bordered bc-total-table\">\n                            <thead>\n                                <tr class=\"success\">\n                                    <th>Total Stake<\/th>\n                                    <th>Total Return<\/th>\n                                    <th>Total Profit<\/th>\n                                <\/tr>\n                            <\/thead>\n                            <tbody>\n                                <tr>\n                                    <td id=\"bc-total-stake\">&nbsp;<\/td>\n                                    <td id=\"bc-total-return\">&nbsp;<\/td>\n                                    <td id=\"bc-total-profit\">&nbsp;<\/td>\n                                <\/tr>\n                            <\/tbody>\n                        <\/table>\n                    <\/div>\n                <\/form>\n            <\/div>\n            <div class=\"bc-waiting\"><i class='fa fa-spinner fa-spin '><\/i><\/div>\n        <\/div>\n\n<p><span style=\"font-weight: 400;\">A Round Robin bet is a form of betting that involves placing multiple parlay bets on a group of teams or individuals in sports. This form of betting is very popular as it allows users to spread the risk of being able to lose one or more legs of a parlay bet and still make a potential return. A round-robin bet is a way of placing stakes on multiple outcomes of three or more different sporting fixtures to cover different outcomes of play. Here at<\/span><a href=\"https:\/\/www.oddsmonkey.com\/\"> <span style=\"font-weight: 400;\">OddsMonkey<\/span><\/a><span style=\"font-weight: 400;\">, we will look at what the Round Robin bet calculator is, how to use it, why it should be used for anyone placing these types of bets and how it can be beneficial to bettors overall!<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">What Is A Round Robin Bet Calculator?<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The Round Robin bet calculator is one of the many <\/span><a href=\"https:\/\/www.oddsmonkey.com\/matched-betting\/calculators\/\"><span style=\"font-weight: 400;\">betting calculators<\/span><\/a><span style=\"font-weight: 400;\"> we have on offer here at OddsMonkey and can be extremely useful for anyone who understands the potential risks and returns of Round Robin betting. It can also be useful for players who are experimenting with different combinations of odds and stakes to see how the potential selections and returns match up to the odds. Based on the different inputs placed, such as odds and stakes, the calculator will show what different returns are available from the chosen bets, giving users an informed outlook on their betting choices.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Round Robin betting format consists of 3 doubles, 6 Singles and 1 treble bet, which are usually placed on three separate teams to win their fixture. With 10 selections in total, matched bettors are able to lose some of the bets whilst also making a return in the end, which is what makes round-robin betting popular throughout the<\/span><a href=\"https:\/\/www.oddsmonkey.com\/matched-betting\/what-is-matched-betting\/\"> <span style=\"font-weight: 400;\">matched betting<\/span><\/a><span style=\"font-weight: 400;\"> community.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">How To Use The Round Robin Bet Calculator<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">In typical OddsMonkey fashion, the Round Robin bet calculator is very simple to use, with all the complicated mathematics being taken out of the equation with the calculator doing all of the work. Firstly, players must place the unit stake and the odds format in to ensure the calculator is set into the right mode. Then, players must place in the odds of their selections which will then showcase the total return and total profit.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It is important to change some of the results to \u2018Lost\u2019 instead of \u2018Won\u2019 to see how much the profit is affected if some bets were to lose, ensuring players are always well informed about how much they are risking. It is also possible to make a loss if some or all of the bets lose, so make sure you are sure of how much you are placing.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">When placing these Round Robin bets, make sure to check how much the stake is, as 10 selections must be placed, meaning the stake must be placed on 10 separate bets. If the initial stake is \u00a31, then the total stake will be \u00a310, with each component of the bet having an equal wager allocated to it.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Who Can Use The Round Robin Bet Calculator<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The Round Robin bet calculator is available to any user who is interested. Anyone who is trying to make the most of their betting are recommended to use all of our calculators, yet the Round Robin bet calculator is the perfect tool for anyone who is placing Round Robin bets specifically.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Players are encouraged to use all of the tools we have available here at OddsMonkey, with some of our most popular tools being our<\/span><a href=\"https:\/\/www.oddsmonkey.com\/matched-betting\/calculator\/\"> <span style=\"font-weight: 400;\">matched betting calculator<\/span><\/a><span style=\"font-weight: 400;\"> and our<\/span><a href=\"https:\/\/www.oddsmonkey.com\/matched-betting\/calculators\/each-way-bet-calculator\/\"> <span style=\"font-weight: 400;\">each way bet calculator<\/span><\/a><span style=\"font-weight: 400;\">, both of which could be used in tandem with the calculator we have at hand.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Why Use A Round Robin Bet Calculator<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">As already stated, the benefits to the Round Robin bet calculator are broad, such as the calculator automatically completing the complicated mathematics which is typically involved in these types of bets, ensuring mistakes are not made. Yet, one of the other most important factors is the fact that bettors are able to see the potential returns and risks made if certain bets lose, ensuring that players are well-informed and are making conscious decisions before placing any bets.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Use The Round Robin Bet Calculator At OddsMonkey<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The Round Robin bet calculator is extremely useful for players trying to navigate around the difficult mathematics involved in typical Round Robin bets. OddsMonkey have other matched betting techniques which are similar to Round Robin betting, with tools such as the <\/span><b>Dutching calculator <\/b><span style=\"font-weight: 400;\">or<\/span><a href=\"https:\/\/www.oddsmonkey.com\/matched-betting\/calculators\/arbitrage-calculator\/\"> <span style=\"font-weight: 400;\">Arbitrage calculator<\/span><\/a><span style=\"font-weight: 400;\"> which can both also be another important technique for matched bettors to use.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Make sure to check out other tools that can help players in their matched betting journey, or take a look at our<\/span><a href=\"https:\/\/www.oddsmonkey.com\/blog\/\"> <span style=\"font-weight: 400;\">matched betting blog<\/span><\/a><span style=\"font-weight: 400;\">, which has all the tips and tricks for discussing the different topics concerning matched betting techniques!<\/span><\/p>\n","protected":false},"template":"","acf":[],"_links":{"self":[{"href":"https:\/\/www.oddsmonkey.com\/matched-betting\/wp-json\/wp\/v2\/calculators\/735"}],"collection":[{"href":"https:\/\/www.oddsmonkey.com\/matched-betting\/wp-json\/wp\/v2\/calculators"}],"about":[{"href":"https:\/\/www.oddsmonkey.com\/matched-betting\/wp-json\/wp\/v2\/types\/calculators"}],"wp:attachment":[{"href":"https:\/\/www.oddsmonkey.com\/matched-betting\/wp-json\/wp\/v2\/media?parent=735"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}