There’s nothing quite like a parlay, and bookmakers give sport♔s 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 sportsbooks.
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FanDuel Round Robin Bet Explained
A sports betting round robin is an innovative bet type which𒅌 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 instanc💜e, 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 stakes down on these split bets. Soജ, 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, but 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 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 automatically be added to your bet slip once you’ve clicked the odds.
Click the ‘Teasers & Round Robins’ tab locat🐎ed undernea💞th your selections.
FanDuel automatically creates all t♈he combinations 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 three parlays (By 2s x3 wagers), your total stake would b🍃e $3.
FanDuel will then supply you with a review of your round robin bet, including the odds f꧑or each bet.
If you’re happy with yo🧜ur selections, 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 ex🦩ample, I’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
ꦏ Here a𝔍re the round robin 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, 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 c𝔉ertainly perks to this unique bet type. Such bꩵenefits include:
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Allows s෴ports bettors to spread the risk across different outcomes൩ with large payouts still offered.
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Round robin be💃ttors are not dependent on one single outcome. The bet offers some form of parlay insurance.
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Enco൲urages bet♊tors to back the underdog when placing moneyline bets.
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Your chances of winning are incඣreased by spreading your 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 enꦚcourages the backing of underdogs aꦑnd 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 s🐻eries 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 bookmaker will automatically create your rꦯound 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 which can’t be combined in a round robin bet.
It’s a fun and innovative way of enjoying pꦐarlay betting. Strategically, though, it’s not the most conducive for long-term success given howꦡ 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.