Thereās 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, aš nd hereās everything you need to know about round robiš°n FanDuel bet ā one of the USā 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 choosše the round robin option on FanDuel, your split bets willš be created automatically.
The name is derived from a round-robin tournament, a format whiāch sees every team play one another in its group. In this instance, instead of teams playing agšainst each other, theyāre 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 selectš ions, the more expensive it likely will be to create a round robin.
In short, FanDuelās round robin is a moreź¦ fun way of providing parlay insurance. Youāre not guaranteed to make a profit, but youāll be paid out for each combination that wins.
How Do I Place a Round Robin?
The excellent FanDuel makes life easy for those thaš t want to create a round robin bet. Hereās how yš±ou can place a round robin with the bookmaker:
Create your parlay by browsing FanDuelās sportsbook. Youāll need at least three selections, and these will automatically be added to your bet slip onšce youāve clicked the odds.
Click the āTeasers & Roš ·und Robinź¦¬sā tab located underneath your selections.
FanDuel automatically š¦creates all the combinationsš from your parlay to create your round robin bet.
You must then decide how much you want to stake in total. In the stake box, youāre entering how much you want to stake on each parlay created from the round rāobin. 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 supšply you with a review of your round robin bet, including the odds for each bet.
If youāre happy with your selš¼ections, place your bets!
Example of FanDuel Round Robin Bet
You can get creative with your round robin bets and use an array of different sports markets. However, for this examš“ple, Iām keeping it simple. This is what a round robin looks like with a three-leg NFL moneyline parlay.
Here are the games Iām betting on:
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1.
Patriots vs Jets ā Patriots to win
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2.
Ravens vs Steelers ā Steelers to win
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3.
Chiefs vs Chargers ā Chiefs to win
Here are the round robin betsš that would be created from this three-leg 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, Iād 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 exš ample.
Benefits of Round Robin Bets
ļ·½ There are certainly perks to thisź¦ unique bet type. Such benefits include:
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Allą¦ows sports bettors to spread the risk across different outcomes with large payą²outs still offered.
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Rouš³nd robin bettors are not dependent on one single outcome. The beš¤”t offers some form of parlay insurance.
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Encourages bettors to back the underdog when placing moneyāline bets.
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Your chances of winniš ng are increased by spreading your bets across multiple 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 doesnāt come in. The bet type encourages the backing of underdogs and does increase your chances of winning, but thereās no gį¦uarantee of profit being made. Tšhese are expensive bets which are still hard to pull off.
FanDuel Round Robin FAQ
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. Youāll get pašid out for each combination that wins.
Youāll see the āRound Robinā tab on your FanDuel betslip once youāve created a parlay.
The bookmaker will automatically creaš„te your round robin bet, and make it clear how many differešnt bets have been created.
If this is the case, itās likź¦ely that you chose selecštions from the same game which canāt be combined in a round robin bet.
Itās a fun and innovative way of enjoying parlay betting. Strategically, though, itās not the most conducive for long-term success given how expensive thš ·esą¶£e bets can be.
You donāt need all your selections to come in to win a parlay bet. Therše are multiple bets created as a result of the round robin, and youāll win if any of the combinations are successful although a profit is not guaranteed.