Tš¦hereās nothing quite like 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 š¹you 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 into smaller combination bets. Should youš 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 teą¶£am 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 these split bets. āSo, 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 youāll be paid out for each combinatišon that winsź§.
How Do I Place a Round Robin?
The excellent FanDuel āmakes life easy for šthose that want to create a round robin bet. Hereās how you can place a round robin with the bookmaker:
Create your parlšay by browsing FanDuelās sportsbook. Youāll need at least three selections, and these will automatically be added to your bet slip once youāve clicked the odds.
Click the š³āTeasers & Round Robinsā tab located undernešÆath your selections.
FanDuel automatically creates all the combinations from your pź¦ŗarlay to create your round robin bet.
You must then decide how much you waānt to stake in total. In the stake box, youāre entering how much you want to stake on eacą¼ŗh 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.
FanDšuel will then supply you with a review of your round robin bet, including the odds for each bet.
If youšÆāre happy with your selections, place your beā¤ts!
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 keš§eping 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 aāre 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, 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 winner in the above šexample.
Benefits of Round Robin Bets
There are certainly perks to thisš unique bet typź¦ŗe. Such benefits include:
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Allows sports bettors to spread the risk across different outcomes with large payouts stilšl offered.
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Round robin bettors aź¦re not dependent on one single outcome. The bet offers some form āof parlay insurance.
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Encourages bettors to back the underdoź¦g whenš placing moneyline bets.
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Your chances of winning are increased by spreading your šbets across multiple team combinations.
ThePuntersPage Final Say
Round robin FanDuel undoubtedly mitigates some of the risk associated to pź¦arlay betting, providing some insurance if one of your selections doesnāt come in. The beź¦t 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 fromā a larger parlay bet. Instead, of placing one big bet, 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 automatically create your round robin bet, ą¼ŗand make it clear how many different bets have been created.
If this is the case, itās likely that you chose selź¦ections ąµ²from the same game which canāt be combined in a round robin bet.
Itās a fun and innovative way of enjoying parlay bettiš„ng. Strategically, though, itās not the most conducive for long-term success given how expensive thesše bets can be.
You donāt need all your selections to come in to win a parlay bet. There are multiple beāts created as a result of the round robin, and youāll win if any of the combinations are successful although a profit is not guaranteed.