What are Futures? A Guide to Futures Betting
Want to add some extra excitement to gameday? Whether its football, basketball, baseball, or any really any sport, betting real money can make each play that much more interesting. Maybe a great spread will have you cheering on your hometown’s division rival. Maybe a smart totals wager on the under will have you groaning at each heavy hitter that steps up to the plate. From spreads to parlays, totals to props, Bovada Sportsbook has a wide range of ways to make money on your betting action every day.
When you want to take things up a notch, you can bet on futures. Bovada Sportsbook is the best place for online futures betting, offering up continuously updating odds throughout the NFL, NBA, and MLB seasons. (Plus futures on tons of other sports and events too!). If you want to be sitting on the edge of your seat all season long, then check out how to make a Bovada futures bet now.
What is a Futures Bet?
Just as the name would suggest, a Futures bet is a wager based on something that will happen in the future, but what does that really mean? Technically, all bets are based on a future event, otherwise it would be pretty easy to bet the winner from a previous game… Just to be clear; placing a bet on a single game several weeks in advance does not make it a Futures bet.
Generally, futures are determined by several factors, as opposed to a single game. This can be as simple as betting on who will win the next NBA championship or who will win this year’s NFL MVP award.
Here is an example of NFL Futures odds at Bovada Sportsbook. Below are the top three betting favorites at the time of publication for who will be crowned the champs of Super Bowl 56 in 2022:
- Kansas City Chiefs +500
- Tampa Bay Buccaneers +625
- Green Bay Packers +1200
As you can see, each NFL team is assigned their own unique odds for this wager. The odds are based on each team’s probability of winning next year’s Super Bowl. The majority of online bettors feel that the Kansas City Chiefs are the team likeliest to win next year’s NFL title, so they are the favorite with their current odds of +500. A $100 bet would return $500 if they pick up the Lombardi Trophy.
On the other hand, if you select a team with low chance of winning the Super Bowl, they can deliver an incredible payday if the bet is successful. For example, the Houston Texans are by far the biggest underdogs in the pack with a staggering +30,000 odds to win. In that case, a $100 bet would return an incredible $30,000!
Different Types of Futures Bets:
When you bet at Bovada Sportsbook, you’ll see: We have odds on just about everything. Whether it’s your favorite league like the NFL or NBA, or a popular sporting event such as March Madness or the World Cup. You can also enjoy betting on the outcome of non-sporting events like your favorite reality show, the Academy Awards or even the US presidential election! Take your viewing experience to the next level – not only can betting on these events add to the excitement, but the thrill of winning real money on your picks and predictions is priceless. (It hits different, as the kids say.)
Let’s take a look at some of the different categories that offer Futures betting at Bovada Sportsbook, as well as some of the more popular bets for each:
The most obvious and popular type of bet is focused on winning a title. At the end of the day, sports are all about winning the championship and so is this bet. You can wager on next year’s Super Bowl winner, the upcoming World Series champion, and just about any other major title in the world. You can also bet on lesser titles such as division and conference championships. As you would expect, you can place bets on the outcome of these championships months in advance. For example, placing your NBA futures bets before the season has even begun is a great way to maximize the value of your odds and cash in on a massive payday when the Larry O’Brien finally gets hoisted.
Sports Award Bets
Wagering on which player will take home a particular award is a very popular type of bet. Whether it’s for Most Valuable Player, Offensive/Defensive Player of the Year, Rookie of the Year or any other award handed out by a major sports league, you can bet on it with Bovada Sportsbook. With this type of bet, you can wager on the winner of these awards during the year or before the season even begins! These awards can be fun to bet as they can last the entire season and allow you to cheer on your picks as the season unfolds.
Bovada Sportsbook also offers a ton of different player bets from a variety of leagues. With these bets, you can wager on a specific player’s performance over the course of an entire regular season. Some popular examples for this type of bet are Most NFL Passing Touchdowns, NBA Scoring Leader and England Premier League’s Top Goal Scorer. These bets are great for those that love tracking stats and watching the number progress throughout the year. It’s also a really fun way to bet on your favorite player and follow his personal performance, instead of being forced to bet on the performance of the entire team.
Another interesting option are draft bets. This type of bet takes the action to the very beginning of a player’s career: draft night. Bovada Sportsbook offers draft bets on some of the major sports such as the NBA and NFL, allowing you to bet real money on the outcome of the league’s draft picks. You can bet on which player will go number one overall, the amount of picks from a specific university or even which position will be chosen for certain draft picks. If you feel like you have some solid insight into your team’s plans for the future, this type of bet is a great way to make some real money on those hunches.
Stepping outside the realm of sports, Political Futures allow you to combine the world of gambling and politics into one big party! It doesn’t matter which side of the aisle you sit on; you can bet real money on a number of political outcomes. The most popular political bet is based on who will win the upcoming US presidential election, but you can also bet on the winners of the Democratic and Republican nomination. You can even forget about the candidates and simply bet on the winning party.
With both the Summer and Winter games, Bovada Sportsbook offers bets on the Olympic Games every other year. These international competitions bring together the best athletes from around the world as they compete to earn a gold medal for their home country. With Olympic bets, you can wager on the outcome of countless sporting events. You can also bet on the medal totals for each country, as well as on which nation will earn the most medals when the games are all said and done. For those patriotic fans out there who bleed red, white and blue, these bets are a fun way to cash in on this global event.
Now you can wager on your favorite TV shows, movies, award shows and more with Entertainment bets at Bovada Sportsbook. There’s nothing quite like the suspense of a reality television finale or a red-carpet award night in Hollywood. Think you can predict who will take home the award for Outstanding Comedy Series at the next Primetime Emmy Awards or who will be named Time Magazine’s Person of the Year? Now’s your chance to prove it.
With so many great options, Bovada Sportsbook is your best bet when it comes to Futures betting. For every time you bragged to your friends about your perfect predictions, now you can actually get paid for them. If you’re new to online betting at Bovada, you can also take advantage of the $250 Sports Welcome Bonus. The bonus code will boost your account with a 50% Match Bonus on your initial deposit up to $250. You’ll be ready to lock in your Bovada NFL, NBA and MLB futures (and everything in between!) and reap the rewards. Now that you have a better understanding of futures, it’s time do your homework and start making some predictions for the year to come!