There’s nothing ꦍquite like a parlay, and bookmakers give sports bettors the chance to create multiple parlays from just one bet. These are round robin bets, and here’s everything you need to know about roꦗund robin FanDuel bet – one of the US’ premier sportsbooks.
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FanDuel Round Robin Bet Explained
A sports betting round robin is an innovative bet type which breaks down your parlay into🐭 smaller combination bets꧃. Should you choose the round robin option on FanDuel, your split bets will be created automatically.
The name is derived from a round-robin tournament, a format which sees every team play one another in its group. In this instanc💜e, instead of teams playi✃ng against each other, they’re forming parlay bets.
The more selections in your parlay results in more round robin combinations, but you do have to lay stakes ༒down on these split bets. So, the more parlay selec💛tions, the more expensive it likely will be to create a round robin.
In short, FanDuel’s round robin is a more fun way of providing parlay insurance. You’re not guaranteed to make a profit, but yo🧔u’ll be paid out for each combination that wins.
How Do I Place a Round Robin?
The excellent FanDuel makes life easy for those that want to create a round robin bet. Here’s how you can𒐪 place a 🃏round robin with the bookmaker:
Create your parlay by browsing FanDuel’s sportsb♍ook. You’ll need at least three selections, and these will automatically be added to your bet slip once you’ve clicked the odds.
Click the ‘Tea♊sers & Round Robins’🌄 tab located underneath your selections.
FanDuel automatically creates all the combinations fr🅺om your parlay to create your round robin bet.
You must then decide how much you want to stake in total. In the stake box, you’re enter꧑ing how much you want to stake on each parlay created from the round robin. For example, if you place $1 on a round robin. For example, if you place $1 on a round robin that creates three parlays (By 2s x3 wagers), your total stake would be $3.
FanDuel will then supply you with a review of your round robin bet, including 🍌the odds🤪 for each bet.
If you’re happy with your selections, place your bet🦩s!
Example of FanDuel Round Robin Bet
You can get creative with your round robin bets and use an ꦛarray of different sports markets. However, for this example, I’m keeping it simple. This is what a round robin looks like with a three-leg NFL moneyline parlay.
Here are the games I’m betting on:
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1.
Patriots vs Jets – Patriots to win
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2.
Ravens vs Steelers – Steelers to win
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3.
Chiefs vs Chargers – Chiefs to win
Here are the round robin bets that would be created from this three-𒊎leg parlay:
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Parlay 1: Patriots & Ravens
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Parlay 2: Patriots & Chiefs
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Parlay 3: Ravens & Chiefs
In this case, I’d need just two teams to win to have a winning parlay. If the Patriots and Chiefs both win but the Ravens lose.🌠 Parlay 2 would be a winner in the above e♕xample.
Benefits of Round Robin Bets
There arꦿe certainly perks to thi𝐆s unique bet type. Such benefits include:
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Allows sports bettors to spread the risk acrosꦓs different outcomes with large payouts still offered.
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Round robin bettors are not dependent on one single outcome. The bet offers some form of parla🐓y insurance.
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Encourages bettors to b♛ack the underdog when placing moneyline bets.
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Your chances of wi🦹nning are increased by spreading your bets across m💎ultiple team combinations.
ThePuntersPage Final Say
Round robin FanDuel undoubtedly mitigates some of the risk associated to parlay betting, providing some insurance if one of your selections doesn’t come in. The bet type encourages the backing of underdogs and does increase your chances of winning, but there’s no guarantee o🐬f profit being made. These are expensive bets whiꦍch are still hard to pull off.
FanDuel Round Robin FAQ
A round robin bet is a series of smaller parlays created from a larger parlay bet. Instead, of placing one big bet, a round robin separates your selections into various combinations. You’ll get paid out 🀅for each combination that wins.
You’ll see the ‘Round Robin’ tab on your FanDuel betslip once you’ve created a parlay.
The bookmaker will au𒐪tomatically create your round robin bet, and make it clear how many different bets have been crea𝄹ted.
I♔f this is the case, it’s likely that you chose selections from th♛e same game which can’t be combined in a round robin bet.
It’s a fun and innovatiಌve way of enjoying parlay betting. Strategically, though, it’s not the most conducive for long-term success given how expensive these bets can be.
You don’t need all your selections to come in to win a parlay bet. There are multiple bets created as a result of the round robin, and you’ll win if any of the combinations are successful al💙though a profit is not guaranteed.