There’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, and here’s everything you need to know about round robin FanDuel bet – one of the US’ premier sಞportsbooks.
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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 instance, instead of teams playing 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 stak🌞es down on these split bets. So, the more parlay selections, 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 parla♉y insurance. You’re not guaranteed to make a profit, b🌊ut you’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 roun🍌d robin bet. Here’s how you can place a round robin with the bookmaker:
Create your parlay by browsing FanDuel’s sportsbook. 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 ‘Teasers & Round Robins’ tab located underneath y🌳our selections.
FanD♑uel automatically creates all the combinations from your𒆙 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 entering 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 ꦑhappy with your selections, place your bets!
Example of FanDuel Round Robin Bet
You can get c♈reative with your round robin bets and use an array 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 NFLꦚ 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 rounཧd robin bets that wouldﷺ 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, 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 🎶example.
Benefits of Round Robin Bets
There are certainly perks to this unique bet type. Such benefitsꩲ include:
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Allows sports bettors to spread the risk across diffe✤rent outcomes with large payouts still offered.
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Round robin bettors are not dependent on one single outcome. The bet offers som💞e form of parlay insurance.
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Encourages bettors to back t🌠he underdog when placing m🐈oneyline bets.
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Your chances of winning are increased by spreading you🦄r 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 doesn’t come in. The bet type encourages the backing of underdogs and does increase🌳 your chances of winning, but there’s 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 froജm 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 ✱automatically create your round robin bet, and make it clear ho🌌w many different bets have been created.
If this is the cas𒐪e, it’s l🔜ikely that you chose selections from the same game which can’t be combined in a round robin bet.
I🌼t’s a fun and innovative 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 although a profit is not guaranteed.