"A futures bet is making a wager on an outcome to be decided at a later date. For example, wagering on who will win the Super Bowl during the NFL preseason or who will win the NBA MVP on opening night of the NBA regular season. Essentially, it is a long-term bet that bettors will follow throughout the year, and a bet that will not be paid out until the outcome is determined at a later date, more often than not months into the future."
"Bet Type: long-term wager on a season, tournament, or award outcome. Popular markets: championship winners, division winners, MVP awards, season stat leaders. Odds Format: American (+500), decimal (6.0), or fractional (5/1). Payout Timing: only paid out after the event or season ends. Risk Level: risk varies due to long-term uncertainty and potential injuries/trades. Hedging: possible; you can place offsetting bets later in the season to lock in profit. Best For: bettors looking for season-long engagement or value on underdogs."
"Since futures are one of the most popular wagers among bettors, Sportsbooks often post odds well before an event begins, whether it's "Who will win the Super Bowl?" or "Will a team make the playoffs?" Those odds don't stay set. They shift based on team performance, injuries, trades, or even how much money the public is betting on a certain outcome. For example, if a star quarterback gets hurt, that team's Super Bowl odds will lengthen almost immediately."
Futures bets are wagers on outcomes decided later in a season, such as Super Bowl winners or season MVPs. These bets remain unresolved for months and are paid only after the event or season concludes. Popular futures markets include championship and division winners, awards, and season stat leaders, with odds shown in American, decimal, or fractional formats. Odds shift over time based on performance, injuries, trades, and betting volume, creating varying risk levels. Hedging is possible by placing offsetting bets later to lock in profit. Futures suit bettors seeking season-long engagement or underdog value.
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