Thereš¹ās nothing quite liļ·½ke a parlay, and bookmakers give 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 paš„rlay 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 teaą·“ms playing against each oāther, 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 bešts. So, the more parlay selections, the more expensive it likely will be to create a round robin.
Iān short, FanDuelās round robin is a more fun way of providinš±g 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 makź¦ es life easy for those that want to create a round robin bet. Hereās how you 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 once yoš°uāve clicked the odds.
Click the āTeasers & Round Robinsāš tab located underneath your selšections.
FanDuel automatically creates all the combinations from your ā±parš¦©lay to create your round robin bet.
You must then decide how much you want to stake in total. In the stakeź¦ box, youāre entering how much you want to stake on each parlašØy 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 supplšy you with a review of your round robin bet, including the odds for each bet.
If youāš re happy with your selectionšs, 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 example, Iām keeping it simple. This is what a round robšin 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 rą¼obin bets 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 theš Pź¦atriots and Chiefs both win but the Ravens lose. Parlay 2 would be a winner in the above example.
Benefits of Round Robin Bets
ļ·ŗ There are certainly perks to this unique betš type. Such benefits include:
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Allows sports bettors to spread the risk across different šoutcomes with large payoutsā± still offered.
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Round robin bettors are not dependent on oneš½ single outcome. The bet offers some form of parlay insurance.
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Encourages bettors to back the underdog when placing moneyline betās.
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Your chances of winning are increased by spreadiš°ng your bets across multiple team combinations.
ThePuntersPage Final Say
Round robin FašnDuel 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, a round robin separates your selectionšs into various combinations. Youāll get paid out for each combiānation that wins.
Youāll see the āRound Robinā tab on your FanDuel betslip once youāve created a parlay.
The bookmaker will automaticallyš create your round robin bet, and make it clear hšow many different bets have been created.
If this is thā±e case, itās likely that you chose selections from the same game which canāt š¤Ŗbe combined in a round robin bet.
Itās a fun and innovative way of enjoying pš¤”arlay 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 if any of the combinations are successful altšhough a profit is not guaranteed.