FanDuel introduces exclusive Multi-Round Parlays and Bet Back Token for March Madness

March Madness is one of those yearly events that can really get the blood flowing if you’re a fan of college basketball, offering up some intense knockout games that are incredibly gripping.

If you’re planning on placing a few bets, you’ll likely want to check out what new offerings FanDuel has introduced, with the likes of Multi-Round Parlays and the Bet Back Token entering the fray.

These two new betting features introduce more flexibility and engagement for fans that can give you even more chances of winning.

Multi-Round Parlays: What are they all about?

For the first time, FanDuel customers can stack bracket predictions into a single parlay, allowing them to wager on teams progressing through multiple rounds in a single bet.

Bettors can now combine picks such as a team making the Sweet 16, winning their region, or securing the championship title — an approach that transforms traditional bracket selections into betting opportunities.

Bet Back Token: A second chance saloon

The Bet Back Token, which launches on March 17, gives you an opportunity to recover your wager in bonus bets if a game isn’t going your way.

The token can be used when a parlay leg is struggling, a key player is injured, or a team falls too far behind, with the refund, up to a specified promotion limit, issued immediately as bonus bets, allowing you to remain active in the tournament action.

FanDuel’s take on the new features

Karol Corcoran, Senior Vice President and General Manager of FanDuel Sportsbook, highlighted the significance of these innovations:

“The March tournaments offer a full month of high-stakes college basketball, and while fans’ brackets may be busted after a round or two, their bets no longer have to be with the Bet Back Token. Combined with our unique multi-round parlay feature, this year we are offering our customers unparalleled flexibility.”

Both the multi-round parlay feature and the Bet Back Token are exclusive to FanDuel, positioning the sportsbook as a leader in betting innovation during one of the biggest events in college basketball.

These updates follow FanDuel’s recent integration of the AceAI sportsbook chatbot, further enhancing the in-game betting experience.

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