Beneath the Canadian betting calculator, a display shows the users total stake, return and profit calculated, giving a. If your horse finished in. 2. 50% chance the selection will lose. There is a Single, Double and Treble bet calculator available for the standard sports betting users. If you were to bet it as a round robin by 2’s, your profit would have been $52. Begin with net income from the income statement. For a chance of winning a profit, you will need to have a minimum of two selections that win or play (if you have placed an each way version). Let’s say we put a stake of £1 per bet, that would be a total stake of £8. The Union Jack Round Robin Calculator . The ‘Number of Selections’ will default to 5 selections. Options. 01 per cent probability of a particular outcome and a 0. Next, determine the. Dutching Calculator - Find the stake needed on each of your bets to guarantee a fixed profit. The bets possible with your picks will be displayed automatically. A multitude of things need to come together to yield a winning payout, and when they do, they usually sneak a peek at this site yield a lower payout. Lucky 31 Bet Calculator; Lucky 63 Bet Calculator; Patent Bet Calculator; Round Robin Calculator; Single Bet Calculator. *If you experience problems generating the tournament using Internet Explorer please try Firefox or Chrome. The statement of cash flows is prepared by following these steps:. The Union Jack Trixie calculator will work out total outlay. Corporate philanthropy. A winning bet involves having a treble along any of the straight lines. The 25/1 odds payout calculator will then work out total outlay, total return and total profit; 25 to 1 Implied Probability. 3 per cent probability of a particular outcome and a 66. Free Union Jack Round Robin Calculator from Tricky Bet. Our ultimate accumulator calculator allows you to work out your bet in a quick and timely manner to see your profit potential. A Union Jack Round Robin bet is a type of multiple bet used in horse racing and other sports betting. It is similar to the likes of a trixie bet, patent bet, Yankee bet and the varieties of Lucky bets that are available. A union jack trebles bet is an excellent choice if you choose multiple race favourites. About. Kansas City Chiefs: -120 (1. Old Free Bet Calculator: A free online bet calculator for users of older computers and browsers. In other words, instead of having one wager in which every leg must win, round robin bets give you the opportunity to win based on a combination of legs. Danger alert This front-end is obsolute! use: nicomedes. 67 per cent probability of a particular outcome and a 13. For example, if rounding the number 2. AceOdds provides the most comprehensive and reliable suite of bet calculators, with over 50,000 bets calculated daily. The Alphabet calculator will work out total outlay, total return and total profit; Frequently Asked Questions about an Alphabet Bet. Union Jack Round RobinUnion Jack Round Robin bets contain 80 total wagers. 5-4 are fractional odds. Betting odds are calculated by the probability of something happening. Warning BetVictor no longer offers the following bet type but our simple build your own bet calculator will guide you on the best bets available for the amount of selections you want - Try it now. There are 9 selections in a 3 ×3 grid. Union Jack Patent – 56 bets made up of 24 singles, 24 doubles and 8 trebles. A Super Heinz Flag betting calculator works out the returns of your winnings when placing a bet on seven selections . Free union jack images to use in your next project. For example, a $15 three-team round robin bet with each team lined at -110 would pay out a. Overall odds: 3. In that case, the wager is removed from the parlay — similar to a tie. A multitude of things need to come together to yield a winning payout, and when they do, they usually yield a lower payout than traditional parlays. blogs. es together to yield a winning payout, and when they do, they usually yield a lower payout than. Trusted by independent bookmakers and punters to work out returns, you can be sure that the calculations are accurate. This tool has one main use: to calculate any potential returns of a double bet. The “Total Risk”, which is the total size. Moreover, it can also calculate the total number of outcomes and different outcomes. A round robin is a type of betting system where you may several smaller parlays that you make from a larger list of teams. Content Round Robin Bet Example Bet £10 Get £50 Sports Betting Terms 2021 Union Jack Round Robin Bet Calculator Trixie Betting Explained: How Does A Trixie Bet Work? Hit your stride for the start of the NFL betting season this Thanksgiving, with a secure American sportsbook app. Use SBO. This is because they often demand very high stakes across trebles and patents. By using a Union Jack calculator, you can easily determine your potential returns based on your chosen selections and stake amount. The second part of the bet also has some winnings. If you want to work out the probability of losing 12 bets in a row, enter. Three horizontal, three vertical and two diagonals. Just enter the bet type from the options on the drop-down menu below. . union jack london. Online Round Robin Calculator;11 to 4 Implied Probability. Total Profit : WordPress Theme built by. SSA The Singe Stakes About is two selections from different events. For this variant of the Union Jack bet, each combination of 3 selections forms a Round Robin, producing 80 bets in total. A super flag bet includes five different selections and 46 other bets. The Round Robin Bet Calculator allows you to calculate the stake, return and profit for Round Robins, permed from up to 20 selections if required, with the same. Round Robin A Round Robin is made up of three selections forming 10 bets. Toggle menu. The Round Robin bet went out of fashion in England when betting tax was removed in the late 90’s. The 1-3 betting odds probability is a 25 per cent probability of a particular outcome and a 75 per cent probability of another outcome. The 4-5 betting odds probability is a 44. 199 Free images of Union Jack. For a standard 9 team round robin schedule you don't have to change anything. Again, if you're more comfortable with decimal odds, feel free to change the format in the odds calculator. From the balance sheet you find the following balances: Cash and. 4 x 25-meter. Enter the purchase price per share, the selling price per share. The maximum amount (total profit) you stand to win if all of your selections prove to be correct. Canadian Bet Calculator. We’ll need to pick 9 selections from different events. 33 per cent probability of another outcome. Union Jack Round Robin: 9: 80: 8 trebles, 24 doubles, 24 Up-And-Down SSA Pairs. 4. The calculator is fully customisable and comprehensive in the. The Round Robin is a three selection wager compiled of ten bets: three doubles, one treble and three up-and-down single stakes about pairs. The round robin betting calculator is one of the easiest tools you’ll ever have the pleasure of operating. To find out the Straight Forecast result of past races please check the BetVictor Results Feed. FREE delivery, Secure payments. Firstly, it is integral to the functionality of the calculator that you choose what type of odds you are using, whether that be American. What Is A Union Jack Treble Bet? A Union Jack Treble Bet is a unique type of wager that involves nine selections across three betting markets. You won’t miss a minute of the action with 40 TVs right in front of you. Work out your potential returns of a Union Jack Treble Bet with our simple bet calculator and we’ll also show you a simple breakdown of your winnings. These are usually placed based on 3 separate teams to win their fixtures or 3 markets to come. Part 2: Bet on selection 1 at 2/1 if sufficient funds are remaining from. This is a non-exhaustive list of traditional and popular bets offered by bookmakers in the United Kingdom. HutchingA Hutching bet is a way to secure a profit on your selection. The bet is then made up of 1 fourfold, 4 trebles with three of the selections, and 6 doubles with two of the selections. Profit £0. Easy! Looking to win more and. About;. Heinz Flag A Heinz Flag system is made up of 87 smaller bets. Our Union Jack Trixie calculator will help you work out the returns of your bet. William Hill can calculate the payouts for different types of bets. 76 per cent probability of another outcome. Place: 10 divided by 5 is 2/1, so the Place bet pays £5 at a price of 2/1, returning £15 – £10 profit and your £5 stake returned. SBR provides a full range of free sports betting calculators to help you find great value, manage your bankroll and generate an overall profit. A round robin (RR) is simply a nickname for a type of parlay wagering strategy. The Round Robin bet went out of fashion in England when betting tax was removed in the late 90’s. Online Round Robin Calculator;The 4-1 odds payout calculator will then work out total outlay, total return and total profit; 4 to 1 Implied Probability. Heinz Flag A Heinz Flag system is made up of 87 smaller bets. arquitecte tècnic. 50. 38 per cent probability of a particular outcome and 47. And if you lose the three parlays, well, you lost the round robin, there is no prize. Warning. Updated April 8, 2019. In the Round Robin bet, your betting ticket will be shown as three 2-team parlays with $5 bet. Heinz Flag A Heinz Flag system is made up of 87 smaller bets. Single Stakes About Calculator; Super Flag Bet Calculator. 00 per cent probability of another outcome. It works out your bet instantly and is simple to use. What is a Union Jack Bet? A Union Jack bet is named after the pattern made on the betting slip. 6. A common way for those newer to betting on horse races is to start out with simple bets such as win, place, or show. 1 How to Use the Super Flag Bet Calculator; 2 Frequently Asked Questions about a Super Flag Bet. The 12-5 betting odds probability is a 70. To use a round robin calculator for free, just select round robin as your bet type, then enter the odds for the three selections, as well as your overall stake or stake per bet. Round Robin. Even Money; Category: Betting; All Five Games Won;. Here is the full list of horse racing betting calculators: Acca Bet Calculator. Step 2) At time =2, P1 is added to the end of the Queue and P2 starts executing. You can use our Oddsmatcher tool to find which bookmaker is offering the best odds, and then use these odds as your input value when using the calculator. There are 9 selections in a 3 ×3 grid. Round Robin A Round Robin is made up of three selections forming 10 bets. In total there are 8 trebles. The round robin calculator will then tell you: 1. You then manually enter your odds, and stake. However you do it, you will find that a Union Jack like this would return a very nice sum of £400. Three horizontal, three vertical and two diagonals. The round robin bet gets its name from the round-robin tournament format featured in events like the World Cup and WGC Match Play. For round robin betting, FanDuel lets you place up to 18 bets on your bet slip, and you can pick between 2’s, 3’s, 4’s up to 17’s. The 1/5 odds payout calculator will then work out total outlay, total return and total profit; 1 to 5 Implied Probability. Now we will provide you with a practical example using our double profit calculator. BetVictor no longer offers the following bet type but our simple build your own bet calculator will guide you on the best bets available for the. Another advantage of a Round Robin bet calculator is. Union Jack “The Union Jack consists of eight trebles from nine selections. 50 per cent probability of a particular outcome and a 12. 60 to place, and $2. For example, in a multiple bet, one stake is placed. Firstly, it is integral to the functionality of the calculator that you. This gives us a total profit on this portion of the Round Robin bet of £6. From the beginning until the present, he invested a total of $50,000 into the project, and his total profits to date sum up to $70,000. SSA DSA Round Robin Flag Super Flag Heinz Flag Super Heinz Flag Goliath Flag Lucky 63 Alphabet Union Jack Treble Union Jack Trixie Union Jack Patent Union Jack Round Robin Parlay. This method also ensures that everyone on your team gets an equal say in the ideas. Total Profit : Single Bet Calculator; Double Bet Calculator; Treble Bet Calculator; Each Way Bet Calculator; Accumulator Betting Calculator; Odds Converter;. Make sure you use decimal odds, as they are easier to understand. The Round Robin betting format consists of 3 doubles, 1 treble and 6 SSA (Single Stakes About) bets. Cauți mai multe opțiuni de calcul? Utilizează calculatorul nostru. Be sure to check out the bet calculator below: Enter Bet Details Reset All Bet Type Single Double Treble Accumulator Trixie Patent Yankee Canadian Super Yankee Heinz Super Heinz Goliath Lucky 15 Lucky 31 Lucky 63 Alphabet Single Stakes About Double Stakes About Round Robin Super Flag Heinz Flag Super Heinz Flag Goliath Flag Union Jack. 62 per cent probability of a particular outcome and 52. Lucky 31 Bet Calculator; Lucky 63 Bet Calculator; Patent Bet Calculator; Round Robin Calculator; Single Bet Calculator. We chose to stake £1 per bet for a massive total of £56. Round Robin Calculator. Round Robin (RR) scheduling algorithm certainly is one of the most popular algorithms. Union jack bets are sometimes seen as novelty wagers. In the next section, we will explore how this calculator works in more detail. Cost of Investment. Union Jack Round Robin. Work out your potential returns of a Lucky 63 Bet with our simple bet calculator and we’ll also show you a simple breakdown of your winnings. The next element needed for the Union Jack Trixie Bet calculator is the overall stake of the bet. The 15-2 betting odds probability is an 88. It’s a great way to find all the permutations of your bet and see how much profit you stand to make. Lucky 15 Bet Calculator. You can program the calculator to see what happens should all. Heinz Flag A Heinz Flag system is made up of 87 smaller bets. Company. Union Jack Round Robin – these bets follow a similar pattern to trebles, and use the same grid. For positive numbers: Numbers less than the halfway point between 2 and 3, which is 2. Round Robin Bet Calculator. HutchingA Hutching bet is a way to secure a profit on your selection. This type of bet consisting of 7 selections, one selection must win or place to guarantee a winning return. Round Robin A Round Robin is made up of three selections forming 10 bets. Super Heinz Bet Calculator; Super Yankee Bet Calculator; Trixie Bet Calculator; Treble Bet Calculator; Union Jack Patent. Single Stakes About Calculator; Super Flag Bet Calculator. Its simplicity is a thing of beauty and makes the user experience an unparalleled. Use this odds calculator for all types of bet, including each way bets. AceOdds provides the most comprehensive and reliable suite of bet calculators, with over 50,000 bets calculated daily. Betting. The calculators we have available on-site can help users of any betting format to get the most from their stakes. Online Round Robin Calculator;The 7/5 odds payout calculator will then work out total outlay, total return and total profit; 7 to 5 Implied Probability. Each Way Bet Calculator. small m {CM_ {ratio}} CMratio. Find bet calculators for: Singles, Doubles, Trebles, Lucky 15's, Each Ways, Accumulators and more. Union Jack Round Robin Bet Calculator; Union Jack Patent Bet Calculator. Round Robin Calculator; Lucky 63 Calculator;Here is the step by step guide on how to use the Single Stakes About calculator: Select “Single Stakes About” on the ‘Bet Type’ dropdown. This type of bet consisting of 7 selections, one selection must win or place to guarantee a winning return. There are 9 selections in a 3 ×3 grid. Union Jack Round Robin Bet Calculator;. It is the ultimate tool to help you fulfil your betting needs. Betting Odds Calculator. Union Jack Round Robin Calculator The Union Jack Round Robin consists of 80 bets. Round Robin Calculator; Lucky 63 Calculator;The 15/2 odds payout calculator will then work out total outlay, total return and total profit; 15 to 2 Implied Probability. Union Jack Round Robin Bet Calculator. Three horizontal, three vertical and two diagonals. Charging this price ensures you cover your. The Round Robin bet went out of fashion in England when betting tax was removed in the late 90’s. 0 (+200 as American odds), you would win $20. For example, if the odds are 4-1 this suggests there is a 1 in 5 chance of winning (4+1), or calculated as 1 / (4+1) = 0. Just click the button. A Lucky 15 consists of 4 selections taking part in different events, which are combined to produce 15 bets derived from a Four-Fold Accumulator, 4 Trebles, 6 Doubles, and a Single for each selection. 94. A round robin bet pays out based on the total winnings of each parlay in the entire round robin wager. Round Robin Bet Calculator. Using the Canadian bet calculator is simple at OddsMonkey for various sports fixtures or bets in this method. A multitude of things need to come marmatt. Calculating the odds for a Union Jack Treble Bet can be complicated. 7 per cent probability of another outcome. We’ll need to pick 9 selections from different events. Hedging Calculator Hedge a bet and secure a guaranteed profit on your wager. The 2023 World Rugby Pacific Nations Cup was the sixteenth edition of the Pacific Nations Cup annual international rugby union competition. Now we will have a look at a practical example of how to use the union jack patent betting calculator. Union. We have created a free bet calculator for every type of bet you can place on horse racing. Are you looking for more calculation options? Use our fully-featured bet calculator. credit clientA Union Jack bet is named after the pattern made on the betting slip. As a most basic example, Bob wants to calculate the ROI on his sheep farming operation. Read More. This type of bet consisting of 7 selections, one selection must win or place to guarantee a winning return. 31 per cent probability of a particular outcome and a 7. Union Jack PatentThe Union Jack Patent bet is made up of 56 bets. Union Jack Round Robin Bet Calculator. First bet on a Football or Horse Racing multiple with 3+ selections. Lucky 63. Odds Format: A union jack round robin bet is a bet with nine selections, covering 80 different combinations. Now we will have a look at a practical example of how to use the union jack patent betting calculator. Work out your potential returns of a Union Jack Treble Bet with our simple bet calculator and we’ll also show you a simple breakdown of your winnings. A roundabout bet is made up of 3 singles and 3 any to come (ATC) doubles to twice the stake. Learn more. Total Profit N/A. The round robin bet is a 3 selection wager consisting of 10 bets: 3 doubles, 1 treble and 3 up-and-down single stakes about pairs. For example, if you successfully bet $10 on odds of 3. Our quest to bring you the best hints and tips for online sports betting continues with the introduction of our Union Jack Round Robin calculator. Round robin parlay bets are offered at nearly every sportsbook, but rarely used by bettors. Some bookmakers will offer an All Winner Bonus if all four selections win which is applied to the total return. 2. 93, which is a profit of £167. 3 per cent probability of another outcome. Union Jack TreblesUnion Jack Trebles is made of up of eight trebles total. These bets take place in a 3×3 grid. ContentEven MoneyCategory: BettingAll Five Games WonFrequently Asked Questions About Pa Sports Betting The sportsbook at Mount Airy Casino features luxury lounge seating. The 14-1 betting odds probability is a 93. Round Robin Calculator; Lucky 63 Calculator;The 12/1 odds payout calculator will then work out total outlay, total return and total profit; 12 to 1 Implied Probability. 00. All you need are a few numbers, such as the odds and stake amount and you are off the to the races. We backed winners at 2/1, 4/5, 5/2, 8/11, 3/1, 1/6, 8/1, 5/4, and 4/1. 69 per cent probability of another outcome. 62 per cent probability of a particular outcome and an 15. 38 per cent probability of another outcome. 50. The 5-1 betting odds probability is an 83. A Round Robin Bet is a bet on 3 selections taking part in different events consisting of 3 Doubles, 1 Treble and 3 Single Stakes About that are 2 bets each, totalling 10 bets. We chose nine teams to win outright: Manchester Utd at 2/1, Chelsea at 11/10, West Brom at 4/5, Liverpool at 3/1, Reading at 1/2, Arsenal at 1/1, Sheffield Wednesday at 10/11,. DSAA Double Stakes About bet is two selections from different events. Plus find out more about this bet made, up of 4 singles, 6 doubles, 4 trebles. Waiting Time Comparison Graph For comparison of turnaround time using the classic Round Robin algorithm and Improve Round Robin both almost have similar graphs. If your selection wins at odds of 8/1 your paid out £8 for every pound you spend plus your initial stake of £5 for the win part of the bet. Vertical – 147, 258, 369. 5 per cent probability of another outcome. Max refund per qualifying bet is £10 (up to £50 in total). Round Robin A Round Robin is made up of three selections forming 10 bets. Online Round Robin Calculator;Union Jack Round Robin. 96,000+ Vectors, Stock Photos & PSD files. 93. DSAA Double Stakes About bet is two selections from different events. The 100-1 betting odds probability is a 99. Union Jack TreblesUnion Jack Trebles is made of up of eight trebles total. The units of the values of the cost and selling price are. 9%, what is the total asset turnover ratio? (Round your answer to 4 decimal places. Step 1) The execution begins with process P1, which has burst time 4. Knowing how to calculate contribution margin allows us to move on to calculating the contribution margin ratio. RoundaboutRoundabouts are made up three selections over six. The OddsJam round robin calculator will determine the maximum amount of money you can win with your round robin bet. Each combination of three selections forms a Treble, totaling 8 bets. Once you’ve chosen, select your bet type on the calculator (which we’ve broken out with easy navigational links below) and. Patent Bet Calculator. Firstly, you choose the type of bet from the drop-down menu. The union jack bet is not just used to make treble bets though – it can be used to place a union jack Trixie bet – eight trebles and 24 doubles, a union jack patent bet – eight trebles, 24 doubles and 24 singles, or a union jack round robin bet – eight trebles, 24 doubles and 24 up-and-down singles stakes about (SSA) pairs. A winning bet involves having a patent along any of the straight lines. Trusted by independent bookmakers and punters to work out returns, you can be sure that the calculations are accurate. If so, then the Union Jack Round Robin Bet Calculator is the tool for you! This innovative software calculates the potential payouts for Union Jack bets, one of the most popular types of round robin wagers in horse racing. 33 per cent probability of a particular outcome and a 16. Our betting profit calculator is very easy to use. A Straight Forecast bet allows you to select two runners where you are predicting which will finish 1st and which will finish 2nd. Union Jack TrixieThe Union Jack Trixie composes of a total 32 bets. You can use American, Decimal or Fractional Odds. Where, Net Profit = Revenue - Cost. Handicappers can choose from a. HutchingA Hutching bet is a way to secure a profit on your selection. A single win from any selection ensures a return. Scheduling criteria (e. Profit A common way for those newer to betting on horse races is to start out with simple bets such as win, place, or show. We have 9 selections; we chose football matches for this at odds of 1/1, 4/5, 2/1, 8/11, 4/1, 1/2, 3/1, 6/1 and 2/5. Think of it as the money that ends up in your pocket. A Round Robin consists of 3 selections taking part in different events, which are combined to produce 10 bets derived from a Treble, 3 Doubles and 3 Single Stakes About. 50. We’ll need to pick 9 selections from different events. Have a try now! Check out our completely FREE Union Jack Round Robin Bet Calculator for Sports Betting! Start making profit with your OddsMonkey free trial today. The Trebles are arranged in 3 rows of 3 selections and bets are formed by combining the selections on each of the horizontal, vertical and diagonal lines. 7 per cent probability of another outcome. SSA The Singe Stakes About is two selections from different events. In those events, every team is initially placed inside a starting group and then forced to play each. A Union Jack Round Robin bet is a type of multiple bet used in horse racing and other sports betting. Work out your potential returns of a Union Jack Patent Bet with our simple bet calculator and we’ll also show you a simple breakdown of your winnings. Betting Odds Calculator. The 14/1 odds payout calculator will then work out total outlay, total return and total profit; 14 to 1 Implied Probability. The name “Union Jack” comes from the shape of the bet, which resembles the design of the Union Jack flag. However, unlike Trixie bet, it includes singles. 00. If three or more participants share this position they are named Co-favourites. A round robin is basically several smaller bets. Read More. Images 96. , waiting time, turnaround time and number of context switches (NCS)) are used to compare CPU scheduling algorithms. Browse amazing images uploaded by the Pixabay community. Union jack bets are sometimes seen as novelty wagers. Betting Calculators. Like the Canadian bet calculator, the Lucky 63 calculator displays the total stake of all bets involved, and the combined odds that users can receive if individual or all legs of the bet come true. The 13-2 betting odds probability is an 86. Union Jack Round Robin Calculator. Just follow the 5 easy steps below: Enter the number of shares purchased. Betting odds are calculated by the probability of something happening. 3 per cent probability of a particular outcome and a 35. org The Union Jack Round Robin Bet Calculator allows you to calculate the stake, return and profit for Union Jack Round Robins, with the same comprehensive range of options available to the Free Bet Calculator. The round-robin version is particularly demanding! However, the Trixie version with 32 bets is a relatively low risk by comparison. Use SBO. Round robin betting is a creative type of parlay betting that requires making multiple parlay bets at once. 0). Here are other bet types that include nine selections: Union Jack Round Robin – these bets follow a similar pattern to trebles, and use the same grid. 5-4 odds is not the favourite in a two-selection event. net's own betting calculator to calculate your returns. Online Round Robin Calculator;The 10/11 odds payout calculator will then work out total outlay, total return and total profit 10 to 11 Probability The 10-11 betting odds probability is a 47. Those looking to try out something different can make use of Alphabet, Round Robin or Goliath bet calculators, amongst many more on. 4) Classic Round Robin Comparison Chart and Improve Round Robin for 5 Processes Figure 4. The 7-5 betting odds probability is a 58. In that case, the wager is removed from the parlay — similar to a tie. If you have won on your Union Jack Trebles you’ll want to work out what you've won - we’ve made that easy with our free, mobile-friendly Union Jack Trebles calculator. Selection. However, the super flag is often very popular at large race meetings and. Lucky 31 Bet Calculator; Lucky 63 Bet Calculator; Patent Bet Calculator; Round Robin Calculator; Single Bet Calculator. Select the ‘Outcome’ for each selection like “Winner”, “Placed”, “Lost”, “Void’, “Dead heat”. Round Robin Calculator; Lucky 63 Calculator;A Lucky 15 Bet is a bet on 4 selections taking part in different events consisting of 4 Singles, 6 Doubles, 4 Trebles and a Four-Fold Accumulator totalling 15 bets. The Round Robin Calculator calculates maximum win/risk amounts and situational results on a round robin bet. Bookmaker Codes and Joining Bonuses. Who has the money to throw so many separate bets down. Now we will have a look at a practical example of how to use the union jack patent betting calculator. 38 per cent probability of another outcome. Revenue = Selling Price. If. This type of bet could provide a return even if just one pair is successful. A Practical Example. ago. The Goliath Bet Calculator will work out your winnings on your Goliath bet. Warning. The term “round robin” comes from a round robin tournament in which every team in a group plays each other. Bet Calculator - Supports all bet types and options. Named after the Union Jack due to the way groupings are determined, by laying out the selections in a 3 by 3 grid then drawing lines vertically, horizontally and diagonally to find 8 groups of 3. Below, you’ll find an example of a horse racing Round Robin bet on Paddy Power, which is a great bookie to use for this type of bet, especially when they have a great range of promotions for existing customers. How Round Robin Bets Work.