Banner Image

šŸƒ  Help Us IšŸ”œmprove & Earn a Ā£50 Amazon Voucher!

Share yšŸ’our feedback and help improve our site! Fill out a quick form for a chance to earn a Ā£50 Amazon voucher.

Banner Image

Thereā€™s nothing quite like a parlay, and bookmakers give sports bettors the chance to create multiple parlays from just one bet. These are round robin bets, ašŸ… nd hereā€™s everything you need to know about round robiš’‰°n FanDuel bet ā€“ one of the USā€™ premier sportsbooks.

  • Premier sportsbook offering round robin betting
  • Multiple parlays created from single parlay bet
  • Range of sports markets can be included in round robin bet

Full T&Cs apply. Gambling problem? Call 1-800-GAMBLER

A sports betting round robin is an innovative bet type which breaks down your parlay into smaller combination bets. Should you choosšŸŽe the round robin option on FanDuel, your split bets willšŸŒ„ be created automatically.

The name is derived from a round-robin tournament, a format whiā€ch sees every team play one another in its group. In this instance, instead of teams playing agšŸ“–ainst each other, theyā€™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 selectšŸŒ ions, the more expensive it likely will be to create a round robin.

In short, FanDuelā€™s round robin is a moreź¦ fun way of providing parlay insurance. Youā€™re not guaranteed to make a profit, but youā€™ll be paid out for each combination that wins.

tpp-fanduel-screenshot-desktop
(Source: FanDuel)

The excellent FanDuel makes life easy for those thašŸ…t want to create a round robin bet. Hereā€™s how yšŸŒ±ou can place a round robin with the bookmaker:

  1. Create your parlay by browsing FanDuelā€™s sportsbook. Youā€™ll need at least three selections, and these will automatically be added to your bet slip onš“€ce youā€™ve clicked the odds.

  2. Click the ā€˜Teasers & RošŸ…·und Robinź¦¬sā€™ tab located underneath your selections.

  3. FanDuel automatically šŸ¦„creates all the combinationsšŸŽ from your parlay to create your round robin bet.

  4. You must then decide how much you want to stake in total. In the stake box, youā€™re entering how much you want to stake on each parlay created from the round rā™obin. 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.

  5. FanDuel will then supšŸ’ply you with a review of your round robin bet, including the odds for each bet.

  6. If youā€™re happy with your selšŸ˜¼ections, place your bets!

You can get creative with your round robin bets and use an array of different sports markets. However, for this examš•“ple, Iā€™m keeping it simple. This is what a round robin looks like with a three-leg NFL moneyline parlay.

Here are the games Iā€™m betting on:

  1. 1.

    Patriots vs Jets ā€“ Patriots to win

  2. 2.

    Ravens vs Steelers ā€“ Steelers to win

  3. 3.

    Chiefs vs Chargers ā€“ Chiefs to win

Here are the round robin betsšŸ’ƒ that would be created from this three-leg parlay:

  • List Icon

    Parlay 1: Patriots & Ravens

  • List Icon

    Parlay 2: Patriots & Chiefs

  • List Icon

    Parlay 3: Ravens & Chiefs

In this case, Iā€™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 exšŸŒ ample.

ļ·½ There are certainly perks to thisź¦ unique bet type. Such benefits include:

  • List Icon

    Allą¦“ows sports bettors to spread the risk across different outcomes with large payą²žouts still offered.

  • List Icon

    RoušŸŒ³nd robin bettors are not dependent on one single outcome. The bešŸ¤”t offers some form of parlay insurance.

  • List Icon

    Encourages bettors to back the underdog when placing moneyā™line bets.

  • List Icon

    Your chances of winnišŸŒ ng are increased by spreading your bets across multiple team combinations.

Round robin FanDuel undoubtedly mitigates some of the risk associated to parlay betting, providing some insurance if one of your selections doesnā€™t come in. The bet type encourages the backing of underdogs and does increase your chances of winning, but thereā€™s no gįƒ¦uarantee of profit being made. TšŸŽhese are expensive bets which are still hard to pull off.

A round robin bet is a series of smaller parlays created froą± m a larger parlay bet. Instead, of placing one big bet, a round robin separates your selections into various combinations. Youā€™ll get pašŸ’id out for each combination that wins.

Youā€™ll see the ā€˜Round Robinā€™ tab on your FanDuel betslip once youā€™ve created a parlay.
The bookmaker will automatically creašŸ„€te your round robin bet, and make it clear how many differešŸŒŠnt bets have been created.

If this is the case, itā€™s likź¦‰ely that you chose selecšŸŸtions from the same game which canā€™t be combined in a round robin bet.

Itā€™s a fun and innovative way of enjoying parlay betting. Strategically, though, itā€™s not the most conducive for long-term success given how expensive thšŸ…·esą¶£e bets can be.

You donā€™t need all your selections to come in to win a parlay bet. TheršŸŸe are multiple bets created as a result of the round robin, and youā€™ll win if any of the combinations are successful although a profit is not guaranteed.

Author Avatar
šŸ„‚ WRITTEN BY Jameāœ¤s Cormack   View all posts by JašŸ—¹mes Cormack

Big sports fan specialising in football. Experienced the lows of Vlad Chiriches and Tim Sherwood as a Spurs fan along with the more recent ā€˜sšŸŒŠuccessā€™ under Pochettino. My following of the New England Patriots since 2012 somewhat makes up for the lack of silverware produced šŸ¤”by Spurs in my lifetime.

Further reading

panalo55bet.com © 2006-2024 panalo55bet.com