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The Round Robin is a bet based on 3 selections and features a combination of different bets, 10 in total. These comprise 3 double bets, 1 treble, and 3 up-and-down bets (2 bets each). To illustrate how it works lets consider selections A, B and C. The double bets are AB, AC, and BC, the treble is ABC. An up-and down-bet is two bets in one and it works by placing the...
18:32 Thu 12th Apr 2012
The Round Robin is a bet based on 3 selections and features a combination of different bets, 10 in total. These comprise 3 double bets, 1 treble, and 3 up-and-down bets (2 bets each). To illustrate how it works lets consider selections A, B and C. The double bets are AB, AC, and BC, the treble is ABC. An up-and down-bet is two bets in one and it works by placing the winnings of one bet against another and the reverse. So the up-and-down bets in this case would be the winnings on A placed on B, B placed on A, A placed on C, C placed on A, B placed on C, and C placed on B.
The round robin, and in particular an each way round robin used to be a bet settlers nightmare, in the days when it was all done manually. The easiest way to explain it, although Sibton, does it perfectly, is to call it an "if cash" bet. Even when the settling machines first appeared in the offices, the round robin was still quite complicated to settle. Good luck for tomorrow!
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