There’s nothing quite like a parlay, and bookmakers give sports bettors the chance to create multiple parlays from just one bet.𒁃 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 which breaks down your parlay into smaller combination bets. Should you choose the round robin op😼ജtion on FanDuel, your split bets will be created automatically.
The name is derived from a round-robin tournament, a format which sees every tea♚m play one another in its group. In this instance, instead of teams playing against each other, they’re forming parlay bets.
Theꦐ more selections in your parlay results in more round rob💦in 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.
In short, FanDuel’s round robin is a more fun way of providing parlay insur💞ance. 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 t꧂hat 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. Yo🎀u’ll need at least three selections, and thesღe will automatically be added to your bet slip once you’ve clicked the odds.
Click the ‘Teasers & Round Robins’ tab located under🦩neath your selections.
FaꦯnDuel automatically createꦫs all the 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 mu▨ch 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 pa🎃rlays (By 2s x3 wagers), your total stake would be $3.
FanDuel will then supply you with a review of your round robin bet,🐽 including th💛e odds for each bet.
If you’re happy with your selections🍬, place your bets🦹!
Example of FanDuel Round Robin Bet
You can ge♋t creative with your round robin bets and use an array of different sports markets. However, for this example, 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
Here are the rou🌠nd robin bets that would be creꩵated 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 P💛atriots 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 certainly perks ༺to this unique bet type. Such benefits include:
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Allows sports bettors to spread the risk across differ💙ent outcomes with large payout♚s still offered.
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Round robin bettors are not dependent on one single outcome. The bet offers some form of parlay ins💙urance.
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Encour💝ages bettors to back the underdog when placing mon♊eyline bets.
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Your chances ofౠ win🐭ning are increased 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 encourages the backing of underdogs and does increase your c𝔉hances 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 series of smaller parlays created from a larger par﷽lay bet. Instead, of placing ꦜone 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 round rob🅰in bet, and make it clear how manꦚy different bets have been created.
If this is the case, it’s likely tha✤t 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 parlay betting. Strategically, though, it’s not the 𝕴most conducive for long-term success given how 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 ဣthe combinations are successful although a profit is not guaranteed.