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MMA-Torrents.com Forum :: View topic - Round Robin Bet Question
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Round Robin Bet Question
https://foru.mma-torrents.com/viewtopic.php?f=74&t=3099
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Author:  tjcinnamon [ Tue Apr 12, 2011 11:02 pm ]
Post subject:  Round Robin Bet Question

I'm relatively new to betting and I am trying to wrap my head around a round robin.

Is the "number of ways" where if I picked 7 fights (odds displayed below) and would only have to pick 3 of the 7 to win 397.38? Or would it be 397.38 - 175.00?

-325
-145
-500
-130
-300
-300
-125

2 WAYS
-------
21 * 5 = 105 risk
win 127.31


3 WAYS
-------
35 x 5 = 175 risk
win 397.38

I'm also not sure if this is in the right forum section.

Thanks,
JOe K.

Author:  mizantrop [ Wed Apr 13, 2011 6:42 am ]
Post subject:  Re: Round Robin Bet Question

https://help.interwetten.com/EN/Sportsb ... te+EN.aspx

Check this out. I'm in a hurry so I'll drop later if no one answers.

Author:  tjcinnamon [ Wed Apr 13, 2011 6:11 pm ]
Post subject:  Re: Round Robin Bet Question

I checked it and it helped for sure but I still don't fully understand it.

As I posted it before:

-325
-145
-500
-130
-300
-300
-125

3 WAYS
-------
35 x 5 = 175 risk
win 397.38

Does this mean if any of these 3 fighters win (-500, -300, -300) I'd win the entire bet? Also, would I subtract some risk from it? Or does it mean that I would win all combinations of the 3 ways (with equal odds) and then subtract all the bets I lost?

Thanks,
JOe K.

Author:  mizantrop [ Wed Apr 13, 2011 7:29 pm ]
Post subject:  Re: Round Robin Bet Question


Author:  JOe K. [ Wed Apr 13, 2011 10:57 pm ]
Post subject:  Re: Round Robin Bet Question

With Bodog it only gives you the option to pick winners and then gives you a round robin. Money is distributed evenly through each bet. Meaning I can't bet 7 on one and 3 on another.

Are you saying that they winnings would be different depending on the outcome of the fights?

Like I'd potentially win more if 4 of the fights won and less if only 3 of the fights won. Moreover, would it mean that if a -500 guy won I would win less than if a -200 guy won?

It's deceptive because they give you one winning result but don't really say how that amount is won. The way I interpret it is if 3 fighters out of the 7 win then you win the money displayed (however, I think that may be wrong).

Author:  JOe K. [ Wed Apr 13, 2011 11:04 pm ]
Post subject:  Re: Round Robin Bet Question

Would a good way to go about it say would be to say 35 x 5 = 175 risk win 397.38. Mean that every combination I would win would make 11.35 (397.38/35) and every losing combination I'd lose 5? Then if all 7 win I win a max of 397.38? So each team is assigned the same odds?

Thanks,
JOe K.

Author:  JOe K. [ Thu Apr 14, 2011 3:24 pm ]
Post subject:  Re: Round Robin Bet Question

I got it figured out. Now I just need to get the equations on how to calculate it on a spreadsheet. I can do it for parlays but I am having problems figuring it out for round robin teams.

Author:  Dent [ Fri Apr 15, 2011 1:29 am ]
Post subject:  Re: Round Robin Bet Question

Do they say anything about Batman?

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