A Round Robin bet allows you to combine three different selections into the same bet, which comes with a variety of individual wagers. While they're popular, Round Robins can sometimes be tough to calculate, as they use a formula that is unlike traditional accumulator bets.   

Parimatch have created this free online tool to help you work out the potential winnings of a Round Robin bet, depending on how many selections are successful. We also share the inner workings of a Round Robin bet, including what they are and what bet types they consist of.  

A Round Robin bet involves making multiple, smaller bets within one larger bet. It is made up of 3 selections that come together to form a total of 10 bets. These include 3 doubles, 1 treble, and 3 up-and-down single stakes about (SSA) pairs. Naturally, as these are pairs of bets, they feature 2 different wagers each.  

As for the 3 up-and-down single stake pair bets, these involve using the potential winnings from the first part of the bet, if any, to bet on a second selection. For example, if you pick two horses to win and the first selection is successful, another single bet will be placed with the same stake size as the original wager. Any remaining potential winnings will be added to the balance. It's commonly used in horse racing betting markets. However, it can be used on tennis odds or when betting on football, alongside many other scenarios.  

A Round Robin bet is popular as, unlike an accumulator bet, not all selections have to be a winning one in order for some potential winnings to be awarded. In fact, should one selection be a winner, the punter will be awarded with a return.  

A bet calculator is an online tool that helps you determine your potential winnings for various types of bets. This includes Accumulator bets, Round Robin bets, and more. It also helps convert odds into different formats like decimal or fractional.  

With the Parimatch bet calculator, you can work out the potential winnings of a bet based on a handful of criteria. You can include options such as whether or not the bet comes with an each-way close, or evaluating the potential winnings based on 0, 1, 2, or 3 successful selections.   

Here's a quick guide for using Parimatch's free online bet calculator for planning a Round Robin:   

1. Start by selecting whether you'd like the odds of the Round Robin bet to be displayed in a decimal or fractional format.  

2. Input the odds associated with your different selections and whether or not the selection was winning or not.  

3. Add your stake size towards the bottom of the Round Robin bet calculator, while also specifying whether this stake is per bet or the Round Robin as a whole.  

4. Click on the green 'Recalculate' button to see the potential winnings based on the entered information.  

5. You can also tap on the 'Full Bet Breakdown' button to see the potential winnings from each wager within the Round Robin bet.  

If you want to go through and make changes to your bet, you can do this easily by simply adjusting the odds. Alternatively, you can mark different bets as winning or losing, to see the impact that this will have on the potential winnings. Once you've made your desired changes, click on the 'Recalculate' button to see the updated amounts!