What is Future Bet - Future Bets Explained Definition Print

What is a Future Bet?

A future bet is any bet made for sometime in the future. Most future bets are related to winning some sort a Championship but a future bet can be made on almost anything that will occur at a future date. Odds are set by an oddsmaker based on the potential outcomes. The more likely the chance of an event happening the worse the payout is for the bettor. The less likely chance of an event happening the bigger the payout is for the bettor.

Example:

Odds to win the World Series:

Yankees 2/1

Tigers 10/1

Indians 70/1

Braves 100/1

In the above example, the Yankees are considered the most likely to win the World Series at 2/1 odds. On the other hand, the Braves are considered the least likely to win the World Series and therefore their odds are much higher at 100/1.

Lawrence wants to bet on the Yankees to win the World Series. For every $1 he bets, he’ll win $2. So if he bets $100 on the Yankees at 2/1 odds and they win the World Series, he’ll win $200. If he bets $100 on the Braves at 100/1 odds and they win the World Series, he’ll win $10,000.

 

Top Public Bets

#1 927 Oakland Athletics 99%
#2 920 Detroit Tigers 92%
#3 902 Cincinnati Reds 92%
#4 660 Phoenix Mercury 92%
#5 914 San Francisco Giants 87%
#6 909 St Louis Cardinals 83%
#7 656 Tulsa Shock 83%
#8 346 Florida 80%
#9 921 Toronto Blue Jays 78%
#10 923 New York Yankees 77%
View All: NFL |  NBA |  NCAAF |  NCAAB |  MLB |  NHL

How To Bet Guides

Are you new to Sports Betting? If you are or, if you just want to try betting an unfamiliar sport, here are some guides to help you out!

How to Bet Baseball

How to Bet Basketball

How to Bet Golf

How to Bet NASCAR

Betting Moneylines

Betting Props

Betting Futures

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