Video Summary

Sports betters, let's talk about Round Robin insurance. It's a way to hedge your bets and ensure that you still make money even if one of your picks doesn't come through. This is especially useful for parlay bets, which are already a good way to get higher odds from a single bet.

To understand Round Robin, think of it like adding multiple bets together. For example, if you have a 3-leg parlay and it only hits two of the legs, a Round Robin would allow you to bet on the remaining leg, giving you a better chance of still winning money. The amount you'll win will be lower, but it's better than losing the entire bet.

Round Robin is available on various sports betting platforms, including FanDuel and DraftKings. You can choose to do a 2-leg, 3-leg, or 4-leg Round Robin, and it's usually applied to individual games, not same-game parlays.

Despite its benefits, some people find Round Robin confusing, which is why I'll break it down further: think of it as a form of insurance that guarantees a payout even if a leg of your parlay doesn't hit. For example, if you do a 2-leg Round Robin, you'll get paid out if one of the legs hits.

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