Futures Bets Explained
A futures bet is a bet on an outcome that could happen in the future. Futures bets typically have many possible outcomes and for the future bet to payout a number of things have to happen.
For example if you place a future bet on Roger Federer to win the US Open he has to win each his matches at the tournament. Similarly, if you bet on the Chicago Blackhawks to win the Stanley Cup, they must first make the playoffs, and then win each of their playoff series. In both of these instances there are many possible outcomes (any player at the US Open could possibly win the tournament, while any team in the NHL has a chance to win the Stanley Cup).
Why Place Futures Bets?
Many bettors enjoy placing futures bets because most tend to carry a large payout if the correct outcome occurs. Another reason futures bets are popular is it gives the bettor a chance to follow a team for an entire season or playoffs, or follow a specific player through a tournament. Futures bets add excitement to the season/tournament while allowing the bettor to basically have action on every game the team/player takes part in without having to place an extra bet each time.
Popular Futures Bets
The most common futures bets involve which team will win the league’s championship at the end of the season. When it comes to tournaments, the most common futures bet is which team/player will win the tourney. You can also find smaller futures wagers, such as which team will finish with the most points in a certain division, or which player will finish with the most points in a tournament.
Visit 5Dimes.eu to find the odds for many futures bets.