Thereās nothing šquite 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 you need to know aź¦«bout 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 iź¦ s 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 be createdš¤” automatically.
The name is derived from a round-robin tournament, a format which sees every team play one another in its group. In this išÆnstance, instead of teams playāØing 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. So, the more parlay selections, the more expensive it likely will be to create a round robin.š
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 šcombination that wins.
How Do I Place a Round Robin?
The excellent FanDuel makes life easy for thš¦©ose that want to create a round robin bet. ļ·ŗHereās 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 yź§our bet slip once youāve clicked the odds.
Click the āTeasšers & Round Robinsā štab located underneath your selections.
FanDuel automaticā¦ally creates all the combinatiź¦ons 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, 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 ź§wagers), your total stake would be $3.
FanDuel willš then supply you with a revź§iew of your round robin bet, including the odds for each bet.
Ifš¦ youāre happy with your 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 šmarkets. However, for this example, Iām keeping 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 are the round robin bets that would be created from this thšreeš-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 Ravensš¶ lose. Parlay 2 would be a winner in the above exampšle.
Benefits of Round Robin Bets
There are certainly perks to this unią¼que bet type. Such benefits include:
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Alloą·“ws sports bettors to spread the ź§risk across different outcomes with large payouts still offered.
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Round robin bettors are not ź¦dependent on one single outcome. The bet offers some form of parlay insurance.
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Encourages bettors to back the underdog when plšacing moneyline bets.
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Your chances of winningź§ areā increased by spreading your bets across multiple team combinations.
ThePuntersPage Final Say
Round robin FanDueāl undoubtedly mitigates some of the risk associated to parlay betting, providing some insurance if one of your selecš¶tions 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 smš aller parlays created from a larger parlay bet. Instead, of placing one big bet, a round robin separates your selections into various combinations. Youāll get paidš 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 roundš robiš¦©n bet, and make it clear how many different bets have been created.
If this is the š ·case, itās likely thš¼at you chose selections from the same game which canāt be combined in a round robin bet.
Itās a fuź¦n and innovative way of enjoying parlay bettš½ing. 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 rošund robin, and youāll win if any of the combinations are successful although a profit is not guaranteeš¦d.