Guide
Gambling

Futures Wagers: Long-Term Strategy for Season Predictions

his guide explains how futures wagers work, popular types like championship winners and player awards, and why they are a compelling choice for sports bettors. Learn how to take advantage of early odds, engage with the entire season, and make strategic decisions to maximize your betting success.

Alyx Tzamantanis.
A. Tzamantanis

Last Updated: 2024-07-04

James Pacheco

8 minutes read

With so many ways to bet on your favourite sports online, it can be difficult to know where to put your money. While some betting strategies offer instant gratification, some punters like to go all in for the long game.

With that in mind, today we’re looking at futures betting. This popular type of wager is perfect for those who like to watch the action unfold over a season or tournament and can offer great returns if done correctly. 

Futures Betting Explained 

Futures betting is a popular form of wagering where punters place bets on outcomes that will be determined in the future, typically at the conclusion of a season or tournament.

Unlike traditional bets placed on individual games or events, futures bets involve predicting outcomes that may unfold over weeks, months, or even years.

Here’s a breakdown of how futures betting works.

Long-term predictions

You place wagers on outcomes such as which team will win a championship, which player will win a league MVP award, or how many games a team will win in a season.

Early odds

Futures bets often have odds that reflect the perceived likelihood of an outcome at the time the bet is placed. These odds can fluctuate based on team performance, injuries, trades, and other factors leading up to the event.

Season-long engagement

Futures betting provides a unique opportunity for bettors to remain engaged throughout an entire season or tournament, as their bets have the potential to pay off over an extended period.

Risk and reward

Due to the long-term nature of futures bets, they typically offer higher payouts compared to bets placed on individual games. However, they also carry the risk of tying up funds for an extended period with no guarantee of a return.

Availability

Futures bets are available in various sports, including basketball, football, American football, hockey, and more. They are especially popular in major professional leagues like the NFL, NBA, MLB, NHL, and international tournaments such as the World Cup.

furture betd

Image Credits: SBO 

Why is Futures Betting a Good Long-Term Strategy for Season Predictions? 

Futures betting serves as a compelling long-term strategy for season predictions for several key reasons.

Potential for high returns

Futures bets often offer attractive odds that can result in significant payouts if successful. For example, predicting a team to win a championship or a player to earn an MVP award typically yields higher returns compared to individual game bets.

Take advantage of early value opportunities

You can take advantage of early-season or preseason odds that may present undervalued teams or players. As the season progresses and outcomes become clearer, odds may shift, potentially reducing the value of future bets.

Enjoy the entire season

Futures bets provide ongoing engagement and interest throughout the entire season or tournament. Bettors remain invested in their predictions from the start to the conclusion of the event, enhancing the overall sports viewing experience.

Make strategic betting decisions 

Bettors can strategically manage their bets throughout the season, adjusting positions based on team performance, injuries, trades, and other factors that impact outcomes. This flexibility allows for potential hedging or maximising profits as circumstances evolve.

Diversify your betting options

Futures betting offers a wide range of options beyond traditional game outcomes, including season win totals, individual player awards, and conference or division winners. This diversity allows bettors to explore various predictions and tailor their strategies accordingly.

Futures Betting - Enjoy the Long-Term Benefits of This Betting Strategy

Futures betting serves as a strategic and rewarding approach for those interested in making season-long predictions across different sports.

By leveraging early value, maintaining engagement throughout the season, and making informed betting decisions, you can capitalise on the opportunities presented by futures markets.

For more information on betting strategies, make sure you always visit us here at SportsBoom. We keep you up to date with our latest news, reviews and guides.

Alyx Tzamantanis.
Alyx TzamantanisSports Betting Editor

With 10 years of experience in content writing, Alyx has produced countess guides, reviews and articles covering a wide range of topics in the iGaming industry. She loves anything to do with online casinos, as well as UK and international sports betting.