By betadmin A Round Robin bet on platforms like FanDuel is a type of parlay wager that involves multiple teams or selections across different contests, typically in sports betting. It simplifies the process of creating multiple parlays by automatically generating them for you. Here’s how a Round Robin bet works on FanDuel:
1. **Selecting Teams/Events**: First, you choose at least three different teams or events that you want to bet on. These selections must be from different contests or games.
2. **Creating the Round Robin**: Once you’ve selected your teams or events, you tell FanDuel how many legs you want in each parlay. A leg is simply one of the individual bets within the parlay. For a Round Robin, you typically choose two or more legs.
3. **Generating Parlays**: FanDuel will then automatically generate all possible parlays based on the number of legs you’ve chosen. For example, if you select three teams and want two-leg parlays, FanDuel will create three different parlays for you: Team A & Team B, Team A & Team C, and Team B & Team C.
4. **Placing the Bet**: You decide on the amount you want to bet on each leg of the parlay. The total cost of the Round Robin will be the number of parlays multiplied by the amount you’re betting per parlay.
5. **Payouts**: For a Round Robin to win, each individual parlay within it must win. If any leg of a parlay loses, that particular parlay loses. However, other parlays within the Round Robin can still win if their legs are successful.
6. **Flexibility**: One of the advantages of a Round Robin is that you can still win some of your parlays even if one or more legs lose, as long as the remaining legs in other parlays win.
Remember that parlays and Round Robins are riskier than single bets because all legs must win for the parlay to pay out. The potential payouts for parlays are higher to compensate for this increased risk. Always check the specific terms and conditions on FanDuel or any other sports betting platform, as they may vary slightly.