There’s nothing quite like a parlay, and bookmakers give sports bettors the chance to create multiple parlays fℱrom 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 which 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 instance, 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. So, the more parlay selections, the more expensive it likely will be to create a rounജd robin.
In short, FanDuel’s round 🤡robin is a more fun way of providing parlay insurance. You’re not guaranteed to make a profit, but you’ll be𒈔 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:
C🍌reate 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 odd🅘s.
Click the ‘Teasers & Round Robins’ tab located underneath your 🉐seleꦬctions.
FanDuel automatically creates all the combinations f🅷rom your p♈arlay to create your round robin bet.
Yo🌠u 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 be $3.
FanDuel will then supply you with a review of your round robin 🌄bet, including the odds for each bet💧.
If you’re happy wi🔯th your seღlections, place your bets!
Example of FanDuel Round Robin Bet
You can get creative with your round robin bets and use an array of different spor⭕ts 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 round robin bets that would be c🍰reated 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 ܫbut 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 different outcomes with large pay📖outs still offered.
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Round robin bettor♛s are not dependent on one single outcome. The bet offers some form of parlay insurance.
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Encourag🧸es bettors to back th🃏e underdog when placing moneyline bets.
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Your chances of winning are increased by spreading🔜 your bets across multiple team combinations.
ThePuntersPage Final Say
Round robin FanDuel undoubtedly mitigates some of the risk associated to pa𒆙rlay 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 chances of winning, but there’s no guarantee of profit being made. These are expensive bets which are still h🅘ard to pull off.
FanDuel Round Robin FAQ
A round robin bet is a series of smaller parla🍃ys 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 a🥀utomatically create your round robin bet, and make it clear how many different bets have been created.
If this is the case, it’s likely ♊that you chose selectiꦓons 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 mo🌟st 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 the combinations are successful although a profit is not guar🅰antee🧸d.