There’s nothing quite like a parlay, and bookmakers give sports bettors the chance to create multiple parlays from just one bet. These ar🦹e round robin bets,꧙ and here’s everything you need to know about round robin FanDuel bet – one of the US’ premier sportsbooks.
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FanDuel Round Robin Bet Explained
A sports betting round robin is an innovative bet type which brea🔯ks 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 𓆏other, they’re forming parlay bets.
The more selections in your parlay results in m☂ore round robin combinations, but you do have to lay stakes down on these split bets. So, the more parlay select🌜ions, 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 parlay insurance. You’re not guaranteed to make a profit, ♍but you’ll be pai🌼d out for each combination that wins.
How Do I Place a Round Robin?
The excellent FanDuel makes life easy for tho♔se that want to create a round 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 automatica🍌lly be added t🐠o your bet slip once you’ve clicked the odds.
Click the ‘Teasers & Round Robins’ tab loꦜcated underneath your selections.
FanDuel automatically creat🍷es all the combination♔s 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, 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 t𝐆hree parlays (By 2s x3 wagers), your total stake would be $3.
FanDuel will then supply you with a review of your round ꦑrobin bet, including the odds for each bet.
If you’re happy with your selections, place yo𝔉ur bet✃s!
Example of FanDuel Round Robin Bet
You can get creative with your round robin bets and use an array of different sports 𒀰markets. However, for this example, I꧒’m keeping it simple. This is what a round robin looks like with a three-leg NFL 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 ဣare the round robin bets that would be created from this thr💙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, 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 wi🍰nner in the above example.
Benefits of Round Robin Bets
There are certainly perks to this unique bet ty🍎pe. Such benefꦡits include:
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Allows sports bettors to spread the risk acr𝓀oss dif🌜ferent outcomes with large payouts still offered.
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Round robin bettors are not dependentไ on one single outcome. The bet offers some form of parlay insura൩nce.
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Encourages bettors to back the u✱nderdog when placing moneyline bets.
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Your chances of winning are increased by spreading your bets♛ across multiple team𝓀 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. Th𒆙e bet type encourages the backing of underdogs and does incre꧙ase 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 i🤡s 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 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 bo𝔉okmaker will automatically create your round robin bet, and make it clear how many different bets have been created.
If this is the case, it’s likely that you chose selections from the same game w💝hich can’t be combined in a round robin bet.
It’s a fun and innovative way of enjoying parlay betti🍨ng. Strategically, though, it’s not the most conducive for long-term success given how exp��ensive these bets can be.
Y♏ou 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.