Sports Betting King Logo

Tuesday, September 02, 2014



 
FRONT PAGE
ARCHIVES
BETTING TERMS
NET WORTHS
PROMOTIONS
TWITTER
INTERNATIONAL
RSS FEED









Definition of Futures Bet






A futures or future bet is a wager made on the result of an event that will take place in the distant future.

The distinction here is between far and near future. After all, all bets are made on the results of events that have not yet happened. But futures are bets made well in advance of the event and therefore much more difficult to forecast.

Definition of Futures Bet - Term - Sports Betting DictionaryWhat constitutes far and near? Well, the sportsbook determines that, but generally, it’s obvious to the bettor.

For instance, a bet on the football game this Sunday would be a standard wager, but a bet on the Super Bowl winner made in the preseason is a futures bet. The Super Bowl is a long way off, and “your” team may not even get there.

Due to this forecast difficulty, the odds are quite high, and this is the allure of the futures bet:

If you bet the Pittsburgh Pirates to win the World Series on the first day of the baseball season, odds may be as large as 500/1. As the World Series nears, those odds will drop, sharply if the Pirates are having a dream season.

Futures bets pay out very well. In the above example, if we bet $25 and the Pirates won the World Series, we’d walk away with $12,525 minus the vig. That’s an amazing payout based on the risk. Of course, the win chance is very low.

Futures are generally considered “fun” or non-serious bets. At the start of the season, the New York Rangers winning the Stanley Cup seems improbable. So to bet on that is “just for fun” and akin to purchasing a lottery ticket.

Improbable isn’t always the case though. Wagering on the Boston Bruins to win the Stanley Cup is much less of a risk. Because of that, a futures bet on the Bruins winning the Cup will have low odds more like a standard bet.


football king - throwing a ball



TOP SPORTSBOOK PROMOS

Bet365100% BONUS
William Hill100% BONUS
Stan JamesFREE £10 Bet
Ladbrokes£50 Free Bet
Bwin100% BONUS
SkybetFree £10 Bet
Paddy Power£50 Free Bet
Titanbet$/€/£50 Free



RECENT ARTICLES

Seattle Begins Their Super Bowl Title Defense This Thursday Against the Green Bay Packers

Real Madrid, Bayern Munich Favourites To Win Champions League Before Group Stage

Champions League Group Stage Odds

Novak Djokovic Favourite To Win Men's US Tennis Open

Atletico Madrid Begins Defense of La Liga Title With Match Against Rayo Vallecano on Monday Night

Barcelona Opens Up Their Campaign Against Elche on Sunday

Bayern Munich Overwhelming Favourites To Win Bundesliga This Year

Bayern Munich and Wolfsburg To Kick Off Bundesliga Season on Friday Night

Real Madrid and Atletico Madrid To Clash Today in Spanish Super Cup

Chelsea To Welcome Burnley FC Back To English Premier League in Monday Night Tilt


A babe is juggling a football in shorts

NET WORTH

Lionel Messi



BETTING DICTIONARY

Dutching

Void Bet

Scorecast Betting

Martingale System

Visiting Underdog

Relegation

Grand Salami

Opening Line

Taking the Points

Added Game


The King is bouncing a basketball


PROMOS

Ladbrokes Promotion Code

World Cup 2014 Betting Guide

Titanbet Bonus Code

Bet365 Bonus Referrer Code

Paddy Power Bonus

Bwin Bonus

William Hill Promo Code

Stan James Free Bet



INTERNATIONAL

Bono Bwin

Промокод William Hill





Sports-King.com - Copyright 2014, All Rights Reserved