Thereās nothing quite like a parlay, and bookmakers givź¦e sports bettors 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 iš±nto smaller combination bets. Should you choose the round robin option on šFanDuel, your split bets will be created automatically.
The name is derived from a round-robin tournament, a format which sees āevery team play one another in its group. In this instance, instead of teams playing against 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 ā¦these split bets. So, the more parlay selections, the more expensive it likely will 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 yšouāll be paid out for each combination that wins.
How Do I Place a Round Robin?
The excellent FanDuel makes lifeź¦° easy for those that want to create a round robin bet. Hereās how you can place a round robiź¦æn with the bookmaker:
Create your parlay by browsing FanDuelās sšportsbook. Youāll need at least three selections, and these will automatically be added to your bet slip once youāve š“clicked the odds.
Click the āTeasers &ā Round Robinsā tab located underneath your selą“ections.
FanDuel automatically creates all the combinations from your paź¦°rlay to create your round robin bet.
You must then decide how much you wāant to stake in total. In the stake box, youāre 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 Ü«$1 on a round robin that creates three parlays (By 2s x3 wagers), your total stake would be $3.
FanDuel will then suppāly you with a review of your roundā¤ robin bet, including the odds for each bet.
If youāre happy with your selections, place your betš°s!
Example of FanDuel Round Robin Bet
You can get creative with your round robin bets and use an array of different sports markets. However, fšor this example, Iš¦ām 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 ź¦°robin bets that would be cršeated 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 winnešr in the above example.
Benefits of Round Robin Bets
There are certainly perksܫ to this unique bet type. Such benefits include:
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Allows sports bettors to spread the rišŖsk across difš ŗferent outcomes with large payouts still offered.
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Roundš³ robin bettors are not dependent on one single outcome. The bet offers some form of parlay insurance.
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Encourages bettors to back the underdog when placing moneylināe bets.
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Your chances of winning are increased by spreading your bets across mš¦ultiple team combinations.
ThePuntersPage Final Say
š»Round robin FanDuešl 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 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, ša round robin separates your selections into various combinations. 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 automatically create your round robin bet, and make it clear šhow many diffešrent bets have been created.
āIf this is the case, itās likely that you chose selections from the same game whicź§h canāt be combined in a round robin bet.
Itās a fšuš²n and innovative way of enjoying parlay 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 in to win a parlay bet. There are multiple bets created as a result of the round robin, and youāll win iąµ²f any of the combinations are successful althougš¬h a profit is not guaranteed.