What are NFL future bets? How to bet NFL futures
NFL future odds offer year-round opportunities for NFL fans to bet on an ever-changing variety of markets, from betting on Super Bowl winners to the NFL’s Coach of the Year and everything in between. Comparing NFL future odds in different online sportsbooks is a great way to see what the sports betting public thinks about a team or player’s 2024 NFL future prospects. Premiumsoccertips.net wishes to support this effort as this review will cover nfl future bets so players can better understand this game!
What are NFL Future Bets?
The NFL Futures contract is a type of long-term football betting that will not be “settled” or classified as win or lose until a significant period has passed in the NFL – or what is known as a point in the future. These NFL futures bets differ from conventional bets for a match, which are settled within hours after the match ends. Meanwhile, NFL futures bets may take months to settle.
The NFL 2023-24 futures bets can be based on various things, including the number of games a certain team wins, who will win within their division, and which NFL team will win the Super Bowl, among others. These NFL futures odds are set well before the NFL season begins and continuously adjusted as the season progresses. While these NFL futures bets can yield high profits, they can also tie up your bankroll for an extended period.
NFL futures bets profit from the value they provide. NFL sportsbooks offer much better NFL futures odds for events that are months away due to the fact that there are many unknown variables. For example, if a team starts with a score of 10-0, you won’t receive the same NFL futures odds for them to win the Super Bowl as you might in July.
Placing NFL futures bets is also popular towards the end of the football season when fans begin to make their predictions for the end of the season, such as which team they believe will win the NFC and AFC Championships or the Super Bowl. NFL futures bets are not limited to just teams either, as you can also bet on future NFL prop bets, such as who will win the MVP and Super Bowl MVP. Let’s consider some of the more popular NFL futures contracts and how you should approach them.
How to read NFL futures bets odds
There are three ways that online sportsbooks list their NFL Futures odds, but all simply show you how much profit you would make if you chose that NFL Futures odds. Here are those three ways, along with explanations of how each works.
- Moneyline Odds: Moneyline odds are the most common method for listing NFL Futures odds. They come with both negative and positive numbers. The negative number tells you how much you need to bet to win $100, so, odds of -110 require you to bet $110 to win $100. A positive number tells you how much profit you will receive if you bet $100, so, choosing odds of +250 will pay $250 profit if you bet $100 and win.
- Decimal Odds: Decimal odds are widely used worldwide but not as common in the United States. To some extent, this is a shame because decimal odds are quite easy to understand if you use $10 as a betting unit. For example, placing an NFL Futures bet with decimal odds of 1.75 would pay $17.50 if won.
- Fractional Odds: The quickest way to understand fractional odds is to imagine a $10 NFL Futures bet with odds of 3-1. The $10 bet lies on the “1” side of that bet, so winning in this case would pay $30. This type of odds is also much more common internationally than in the United States.
How to bet NFL futures?
Placing your bet on NFL Futures contracts is a straightforward process. The first step with most sportsbooks is to navigate to the dedicated NFL section, usually one of the first sections listed on the app or desktop website.
Once you’ve found the NFL betting section, look for a menu listing the different types of NFL bets offered by the sportsbook. You’ll want to find the “Future” or “Futures Bet” tab, which will take you to the right place. From there, you’ll see a wide market of future bets you can place, with all the odds listed. Simply select the future bet you want to make, place your bet responsibly, and submit your bet slip. Congratulations, you’ve just placed an NFL Futures bet!
Now it’s time to play the waiting game after you’ve placed your bet on the NFL Futures market. You can rely on legitimate sportsbooks to grade your future bets fairly and promptly after the event/result you bet on has concluded.
FAQs of NFL Future Bets
What is NFL Futures Betting?
NFL Futures betting is a type of wager that allows you to bet on something in the future of the upcoming season. This can include both team and individual markets such as MVP, Rookie of the Year, or winning the AFC/NFC or even the Super Bowl.
How Do You Bet on NFL Futures?
Betting on NFL Futures is similar to any other type of NFL bet. Go to the sports betting website you’ve chosen, navigate to the NFL section, and you’ll find a future tab or sometimes a ‘futures’ tab detailing all the futures odds offered. This will change throughout the year with more offerings before the season starts, with events like divisions, conferences, and Super Bowl futures offered year-round.
Where Can I Bet on NFL Futures?
You can bet on NFL Futures at all the best online sportsbooks licensed in your state. However, make sure to shop around as odds and offerings can vary greatly, and you want to ensure you’re getting in with the best odds and lines available.
What is the NFL Super Bowl Futures?
NFL Super Bowl Futures is a market where you can bet on a team to win the Super Bowl. This will be available almost immediately after the Super Bowl throughout the season. The odds will change weekly based on results, latest injuries, and various other factors. You can also bet on a team to win the Super Bowl at some online sports betting sites, or you can bet on a team to win the AFC/NFC Championship.
Conclude
NFL future bets can be one of the most exciting types of bets because they allow you to combine your betting skills with the off-season moves of the league and essentially make NFL betting a year-long endeavor. You can do this by using any of the sports betting promo codes listed above to sign up for a new account before the start of the NFL 2024 campaign. Thank you for your interest in our article!
See also: Explained NBA futures bets that players should know