Diving Into Round Robin Bets
A round robin bet allows bettors to create several parlays from a chosen group of outcomes, enhancing the possibility of earning returns by diversifying the risk across multiple combinations. This strategy is particularly effective for those looking to leverage their insights across several games. Round robin bets are one of many options on FanDuel Sportsbook. This guide is going to show you what a round robin looks like, advantages of round robins, and how to set one up on the FanDuel app. If you haven’t yet signed up for FanDuel, use the link below to get started with the best registration promo in your market.
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Example of a Round Robin Bet Using MLB
Consider you’re interested in placing bets on four MLB teams:
- Yankees vs. Red Sox
- Dodgers vs. Giants
- Cubs vs. Cardinals
- Mets vs. Phillies
For a round robin involving three-leg parlays, you would generate the following combinations from these four teams:
- Parlay 1: Yankees, Dodgers, and Cubs
- Parlay 2: Yankees, Dodgers, and Mets
- Parlay 3: Yankees, Cubs, and Mets
- Parlay 4: Dodgers, Cubs, and Mets
This approach ensures that if any three of your selected teams win their respective games, you’ll have a winning parlay.
Setting Up a Three-Leg Parlay Round Robin on FanDuel
To place a three-leg parlay round robin bet on FanDuel, follow these steps:
- Choose Your Matches: Begin by selecting the outcomes for the four MLB games you’re interested in. Add these selections to your bet slip by clicking on the odds next to each game.
- Select Round Robin: With your four games selected, FanDuel will offer you a variety of betting options, including the round robin. The app automatically calculates all possible three-team parlay combinations from your selections.
- Specify Your Stake: You need to decide the stake for each parlay within your round robin. The total investment is the sum of the stakes across all the parlay bets in the round robin.
- Review and Place Your Bets: FanDuel will display all your round robin parlays, including the total number of bets and the combined odds. Ensure everything looks correct, then finalize and place your bets.
Advantages of These Bets
- Increased Chances of Winning: By spreading your bet across multiple three-team combinations, you enhance your chances of hitting at least one winning parlay.
- Strategic Depth: This betting format allows for strategic decisions on which combinations you believe have the best chance of success.
- Risk Management: While the potential payout for each parlay is higher, the round robin format helps manage overall risk by not depending on a single outcome.
Strategic Considerations for FanDuel Round Robins
When crafting a round robin on FanDuel, strategic thinking is key. Pay attention to the odds and potential payouts for each parlay within your round robin. This approach not only diversifies your betting portfolio but also increases your chances of securing a win. By carefully selecting your legs and assessing their value, you can optimize your round robin strategy for better outcomes on FanDuel.
Now that we know how a round-robin bet works, let’s go into how to find and place round robin bets at FanDuel Sportsbook:
Step 1: Find multiple events on FanDuel
Once you have the FanDuel Sportsbook App opened and are logged in, the first step is finding the events you want to place a round robin bet on. You can search for the events by scrolling the home screen or using the All Sports Menu.
In this video, I will be creating a round robin with the Reds on the run line, the under in the Marlins vs Brewers game, and the Nationals on the moneyline.
Keep in mind that you can create round robins out of virtually any parlay combination of multiple bets at FanDuel Sportsbook.
Step 2: Enter your wager in your bet slip
After selecting your round robin legs, the next step is to enter the amount you want to wager. You can do so by clicking on the bet slip at the bottom of the page and selecting the round robin section at the bottom of the bet slip.
Before you place your bet, keep in mind that the amount entered will be multiplied by type of round robin you bet. In the video above, I selected to bet the three 2-team parlays.
You can create round robin parlays in any combination of individual bets that are possible from your original list of teams. For example, you can place a four-team round robin that includes three-team parlays and two-team parlays.
Step 3: Place your bet on FanDuel
The third and final step to placing a round robin bet is pressing the “place bet” button at the bottom of the screen.
Congratulations, you have successfully placed a Round robin bet on the FanDuel Sportsbook App!
Wrapping Up Your Round Robin
Round robin bets with three-leg parlays offer a strategic way to engage with multiple game outcomes on FanDuel, especially within the MLB. By understanding how to assemble these bets on the platform, you can optimize your betting strategy to balance risk and reward. As always, responsible betting practices are key to enjoying the sports betting experience.
FanDuel Sportsbook Round Robin FAQ
What is a round robin bet?
What does 2s x3 wagers mean?
Is a round robin a good bet?
Does every team have to win in a round robin bet?
How many bets are in a five-team round robin?
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