In the world of sports betting, there are many different types of bets that you can make. One such type of bet is a futures bet. However, what does it mean to bet on futures? In essence, this is a bet that involves predicting what will happen in the future and then placing your money on it. Learn more about this bet type below.
Future bets explained
Futures bets are the most exciting type of wagers in sports betting sites in the US. They are also known as future bets, prop bets, or proposition bets. Moreover, future bets are wagered on the outcome of a sporting event that has not yet been played. For example, if you want to bet on who will win the 2022 World Cup, you would be placing a future bet on England or the USA.
Additionally, you can place these kinds of wages throughout the year and even after an event has already taken place. Sportsbooks in the USA update their odds as more information about an event becomes available.
Futures bet example
For example, you could bet that the oil price will be higher than $50 per barrel on January 1st, 2023. The odds would be in your favor because the oil price tends to go up over time. A futures bet is essentially like buying a stock or commodity in advance. Moreover, futures betting is available for many different markets and events. You can make a future bet on anything from politics to sports, weather, and even financials like stocks and bonds.
Betting sites that offer futures bets
Below is a list of top betting apps that offer future bets for you:
Sports with futures bets available
Below is a list of popular sports that feature future bets: