Futures Betting: A Guide to Long-Term Sports Bets

Posted on Apr 26, 2024 • Categories:sportsbook

When it comes to sports betting, futures betting offers an exciting way to put your sports knowledge and predictive skills to the test. Especially in highly popular leagues like the NBA, futures betting can provide entertainment all season long.

Let's delve into what futures betting is and how you can find value in its markets.

An Introduction to Futures Betting

Futures betting is a form of betting where you bet on events that will happen in the future. These are typically season-long bets such as predicting which team will win the NBA championship or who will garner the MVP award.

Spotting Value in NBA Futures Betting

Identifying value is crucial in futures betting. When it comes to NBA futures, a punter doesn't necessarily have to choose the team or player most likely to win; instead, it's about finding a bet where the odds are better than the predicted chance of that given outcome.

Here are some strategies to apply:

Analyse Off-Season Changes: The NBA off-season can dramatically shift team dynamics. Important factors to consider include trades, drafts, injuries, and new coaching staff.
Look Beyond the Favourites: Often, there's more value to be found in backing up-and-coming teams or dark horse players with the talent and potential to outperform market expectations.
Seek Out Uncertainty: In situations of uncertainty, such as after a significant player injury or a mid-season coaching change, bookmakers can struggle with setting the odds, potentially offering ripe opportunities for value-seekers.

The Risks of Futures Betting

Futures bets tie up your stake for a long time and come with higher variance due to the large number of influencing factors at play. Things can change quickly in the NBA, so strong bankroll management is crucial.

Summing it up