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What is a futures bet? Well, it’s just that.
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.
Futures bets usually involve popular events (Super Bowl, NBA Finals, College Football Playoff, etc.) or popular players.
Futures Betting at a Glance
- 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.
- For positive odds: 100 / (odds + 100) × 100 = implied probability; example: +800 is equal to 100 ÷ (800 + 100) x 100 = 11.1% chance.
- For negative odds: odds / (odds + 100) × 100 = implied probability; example: -120 is equal |120| ÷ (|120| + 100) = 54.5% chance.
- Super Bowl odds: Bills +800, $100 bet wins $800.
- Conference Winner Odds: 49ers +350 to win the NFC, $100 bet wins $350.
- Division Winner Odds: Cowboys +150 to win the NFC East, $100 bet wins $150.
- MVP Odds: Patrick Mahomes +600, $100 bet wins $600.
- Defensive Player of the Year Odds: Myles Garrett +200, $100 bet wins $200.
- College Football Playoff Title Odds: Georgia +300 to win the national championship, $100 bet wins $300.
- Heisman Trophy Odds: Cade Klubnik +400, $100 bet wins $400.
- Conference Champion Odds: Michigan +200 to win the Big Ten, $100 bet wins $200.
- Biletnikoff Awards Odds: Jeremiah Smith +100 to win, $100 bet wins $100.
- CFP Odds: Miami +300 to make CFP, $100 wins $300.
- NBA Finals Odds: Celtics +500, $100 bet wins $500.
- Conference Winner Odds: Nuggets +250 to win the West, $100 bet wins $250.
- NBA MVP Odds: Nikola Joki +400, $100 bet wins $400.
- Rookie of the Year Odds: Cooper Flagg +200, $100 bet wins $200.
- NCAA Tournament (March Madness) Odds: Duke +1200 to win the national title, $100 bet wins $1,200.
- Final Four Odds: Kansas +400 to make the Final Four, $100 bet wins $400.
- Conference Winner Odds: Arizona +250 to win the Pac-12, $100 bet wins $250.
- Wooden Award Odds: A.J. Dybantsa +400 to win Player of the Year, $100 bet wins $400.
- World Series Odds: Dodgers +500, $100 bet wins $500.
- League Pennant Odds: Yankees +300 to win the AL, $100 bet wins $300.
- MVP Odds: Shohei Ohtani +600, $100 bet wins $600.
- Cy Young Odds: Gerrit Cole +700, $100 bet wins $700.
- Rookie of the Year Odds: Jackson Holliday +600, $100 bet wins $600.
- World Cup Odds: Brazil +400 to win, $100 bet wins $400.
- Champions League Odds: Manchester City +250, $100 bet wins $250.
- Euro Odds: France +500, $100 bet wins $500.
- La Liga Golden Boot Odds: Kylian Mbappé +600, $100 bet wins $600.
- Masters Odds: Rory McIlroy +1200, $100 bet wins $1,200.
- U.S. Open Odds: Scottie Scheffler +800, $100 bet wins $800.
- Ryder Cup Odds: Team Europe +150, $100 bet wins $150.
- Stanley Cup Odds: Oilers +900, $100 bet wins $900.
- Conference Winner Odds: Rangers +400 to win the East, $100 bet wins $400.
- Hart Trophy Odds: Connor McDavid +200, $100 bet wins $200.
- UFC Title Odds: Islam Makhachev -110 to retain lightweight belt, $110 bet wins $100.
- Next Champion Odds: Alex Volkanovski +250 to be next lightweight champ, $100 bet wins $250.
- Performance Bonus Odds: Jon Jones +150 to win Fight of the Night, $100 bet wins $150.
- Type of Win Odds: Max Holloway +100 to win by knockout, $100 bet wins $100.
- Welcome Bonus: Get $300 in bonus bets if your first wager of $5 or more wins.
- Futures Use: offers “Futures Day” for example, where they drop profit-boost tokens specifically on futures markets like Super Bowl odds, playoff chances, division winners, and player milestones.
- Recurring Promos: regular odds boosts, “Futures Day” specials, and profitboost tokens on Super Bowl, division winners, and player props.
- What Makes It Good: user-friendly interface, market-leading coverage, and strong promotional events like “Futures Day” boost token drops.
- Welcome Bonus: Bet $5, get $300 in bonus bets, plus over $200 off NFL Sunday Ticket.
- Futures Use: regularly releases “NFL Futures Profit Boosts”, letting you supercharge futures payouts.
- Recurring Promos: odds boosts, parlay enhancements, and integrated fantasy-sports promotions.
- What Makes It Good: massive reach across sports, seamless app experience, and strong synergy with fantasy betting.
- Welcome Bonus: if your first bet loses, you get it back as bonus bets (up to $1,500) with promo code; in select states, there’s also a “bet $10, get $150 if you win” variant.
- Futures Use: if your longshot futures pick loses, you’ll still receive bonus bets, essentially reducing your downside; this makes it a prime use case for high-risk, longer-term wagers.
- Recurring Promos: frequent booster deals, leftover promos like the “PGA 3Ball Challenge,” and loyalty benefits through MGM Rewards.
- What Makes It Good: trusted MGM brand, broad markets, loyalty perks, and a flexible welcome option for futures bettors.
- Welcome Bonus: Bet $1, Double Your Winnings Your Next 20 Bets
- Futures Use: boost tokens can apply to futures bets if the max wager ($25) matches your futures size; best used on mid-range futures where doubling your payout gives solid uplift.
- Recurring Promos: regular odds boosts, Super Boosts, and generous loyalty flow via Caesars Rewards.
- What Makes It Good: strong branding, in-app live streaming, and ample loyalty-driven value (especially in-person or across casino partnerships).
- Welcome Bonus: bet $5, get $$200 in bonus bets (win or lose).
- Futures Use: if you pick the bet-and-get option, you can wager on futures and still get your bonus once it settles (regardless of result).
- Recurring Promos: same-game parlay boosts, early payouts, and a wide array of markets; in-app promo tab refreshes frequently.
- What Makes It Good: high flexibility, in-depth betting options, pro tools like in-play streaming—especially strong on global sports.
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