Thereās nothing quite like a parlay, and bookmakers give sports bettāors the chance to create multiple parlays frošm 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.
Full T&Cs apply. Gambling problem? Call 1-800-GAMBLER |
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 bš¼e created automatically.
The naā¤me 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, theyāre forming parlay bets.
The more selections in your parlay results in more round robin combinations, but you do have to lay stakesź¦æ dą“own on 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 pršoviding 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 makes life easy for those that want to create a round roābin 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 automaticalÜ«ly be added to your bet slip once youāve clicked the odds.
Click the āTeasers & Round Roš¬binsā tab located underneath your selections.
FanDuel automatically creates all the combinations from your parlay to create your round robin bš§øet.
You must then decide how much you wanšt to stake in tź¦¦otal. 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 $1 on a round robin that creates three parlays (By 2s x3 wagers), your total stake would be $3.
Faš°nDuelź§ will then supply you with a review of your round robin bet, including the odds for each bet.
If youāre happy with your selections, place yšÆour 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 robin looks likš¦e with a three-leg NFL moneyline parlay.
Here are the games Iām betting on:
-
1.
Patriots vs Jets ā Patriots to win
-
2.
Ravens vs Steelers ā Steelers to win
-
3.
Chiefs vs Chargers ā Chiefs to win
Hereš are the round robin bets that would be created from this three-leg parlay:
-
Parlay 1: Patriots & Ravens
-
Parlay 2: Patriots & Chiefs
-
Parlay 3: Ravens & Chiefs
In this case, Iād need just two teams to win to have a winning parlay. šIf the Patriots and Chiefs both win but the Ravens lose. ParlašÆy 2 would be a winner in the above example.
Benefits of Round Robin Bets
There are certainly perks to this unique bet type. Such benefits š§include:
-
Allows sports bettors to spread the risk across different outcomes with lšarge payouts still offered.
-
Round robin bettors are not dependent on ź¦one single outcome. The bet offers some form of parlay insurance.
-
Encourages bą“ettors to back the underdog when placing moneyline bets.
-
Your chances of winning are increased by spreading your betļ·ŗs across multiple team combinations.
ThePuntersPage Final Say
Round robin FanDuel undoubtedly mitigates some of the risk associated to parlay betting, providing some insurance if ą¹one 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 expensāive bets which are still hard to pull off.
FanDuel Round Robin FAQ
A round robin bet is a series of smaller parlays cršeated from a larger parlay bet. Instead, of placing one big bź¦et, a 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 automaš§tically create your round robin bet, and make it clear how many different bets have been created.
If this is the case, itās likely that you choseą² selections from the same game which canāt be combined ąµ²in a round robin bet.
Itās a fun and innovative way of enjoying parlay betting. Strategically, though, itās not the most ąµ²conducive for long-term success given how expensivše 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 resuź§ lt of the rouš«nd robin, and youāll win if any of the combinations are successful although a profit is not guaranteed.