Futures betting has always been, and probably always will be, a vital part of sports betting. Whatever sport you are betting on, a futures bet is likely to offer a high level of intrigue (as well as dividends). It will invariably also require a good deal of sports knowledge and a healthy chunk of general betting intelligence.
What is futures betting?
An obvious first question must be: isn’t all betting on futures? You can’t exactly place a bet on something in the past.
And indeed, there is no arguing with that, but futures betting generally refers to those bets placed on events, matches, races, tournaments and more in the long-term future. For example, as we sit in 2014, an ambitious futures bet could be on the 100m final at the 2016 Olympics in Rio de Janeiro, or who will be top try-scorer at the Rugby World Cup in England in 2015.
NRL, AFL or cricket offer good examples of the more common futures bet. One could place a bet at the beginning of the rugby league season on who will be crowned premiers come the end of the year. Or, perhaps, which player will be top try-scorer, which club receives the wooden spoon or who wins the Dally M award. Such a bet allows for interest to be taken throughout the season, as match-by-match hints of how those bets might pan out occur. It’s a lot of waiting if you bet on something four years into the future.
Many bookmakers are understandably cautious when it comes to futures betting – it can be potentially risky for them, as well as the bettor.
FUTURES BETTING OPTIONS
As we head into the middle of 2014, there are a host of futures betting options available to the betting fan. These include:
The 2014/15 English Premier League would do well to live up to its drama of the previous year, but the scope for futures bets here is immense nonetheless. Who will win the title? Who will get relegated? Who will win the FA Cup? Which manager will get sacked first? Australia’s own A-League also offers ample opportunity for futures.
The NFL season will soon be hotting up, culminating in the biggest game of them all in early February, the Superb Bowl. One can also get in really early on baseball’s World Series, as well as experiment with futures betting on the NBA finals, which get going mid-year.
One fascinating area of futures betting must be multiples, or combinations. Here, a punter can forge a slew of predictions into one bet, and stand to win considerable dividends should they all come off. For example, over two years, one could bet on Manly Sea Eagles to win the NRL premiership, Hawthorn to win the AFL premiership, Australia to win the Ashes and Novak Djokovic to win Wimbledon. The combinations are endless, with the imaginative bettor able to take full advantage of this unique method.