Thereās nothing quite like a parlay, and bookmakers give sports bešttors the chance to create multiple parlays from just one bet. These are round robin bets, and hereās everything you need to know about round robin 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 smaāller 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 teamš½ play one another in its group. In this instance, instead of teams playing againsį¦t 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 parlayš§ selections, the more expensive it likely willā be to create a round robin.
In short, FanDuelās round robin is a more fun way of providing parlay insurance. Youāre not guaranteed to make a profit, but youāll bš¼e paid out for each combination that wins.
How Do I Place a Round Robin?
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The excellent FanDuel makes life easy for those that want to create a roušnd robin bet. Hereās how you can place a round robinšÆ with the bookmaker:
Create your parlay by browsing FanDuelās sportsbook. Youāll need at least three selections, and these will automaštically be added to your bet slip once youāve clicked the odds.
Click the š¹āTeasers & Round Robinsā tab located underneath youšr selections.
FanDuel automatically creates all tź¦ he combinations from your parlay toź¦ 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 createdā¤ from the round robin. For example, if you place $1 on a round robin. For examąµ©ple, 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 rš·eview of your š¶round robin bet, including the odds for each bet.
If youāre happy with your selections, place yšour bets!
Example of FanDuel Round Robin Bet
You can get creative with your round robin bets and usš¦e an array of different sports markš§ets. However, for this example, 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 bets that would be created from this thrš„ee-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 thš„e above example.
Benefits of Round Robin Bets
There are cš ŗertainly perks to this unique bet type. Such benefits include:
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Allows sports bettošÆrs to spread the risk across different outcomes š°with large payouts still offered.
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RošÆund robin bettors are not dependent on one single outcome. The bet offers some form of parlay insurance.
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Encouragesš» bettors to back the underdog when placing moneyline betās.
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Your cšhances of winning are increased by sprš eading your bets across multiple team combinations.
ThePuntersPage Final Say
Round robin FanDuel undoubtedly mitigates some of the risk associated to parź§ lay 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 guarantee of profit being made. These 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 from a larger parlay bet. Instead, of placing one big bet, a round robin separates your selections into various combinatiš§ons. Youāll get paid out for each combination that wins.
Youāll see the āRound Robinā tab on your FanDuel betslip once youāve created a parlay.
The bookmaker will automļæ½ą¹ļæ½atically create your round robin bet, and make it clear how many different bets have been created.
If this is the case, itās likely that you chose selections from the same game which canāt be combined in a āround rź§obin bet.
Itās a fun and innovative way of enjoying paš°rlay betting. Strategically, though, itās not the most conducive for long-term success given how expensive these bets can be.
You donāt need all your selections to come ź§in to win a parlay bet. There are multiple bets createdš as a result of the round robin, and youāll win if any of the combinations are successful although a profit is not guaranteed.