- 1 Frequently Asked Questions About Soccer Futures Bets
- 2 Advantages of NFL Futures Bets
- 3 Our Top Tips on How to Win an NFL Futures Bet
- 4 The Sports Daily’s NFL Futures Picks
- 5 The Best Sportsbooks for NFL Futures Odds
Taking advantage of NFL futures odds is a great way to make any NFL season exciting from start to finish. That is because NFL futures odds are contingent upon season-long outcomes and oftentimes payout large profits.
Below, our team of experts will tell you everything you need to know about NFL futures odds. After reading this guide, you’ll be able to make well-informed decisions about betting on NFL futures and you will be ready to sign up at any sportsbooks, find NFL futures, and start betting.
What is an NFL Futures Bet?
In sports betting, most sports bets are settled within one day after a sporting event or game is complete. With futures, these bets are not settled until the regular season and/or the postseason is complete. Thus, it’s a long-term play that require weeks, months, and sometimes years to fully mature and settle.
NFL futures are posted well in advance of the upcoming season. Typically, you can see a few NFL futures odds the day after the Super Bowl. Examples of NFL futures odds include who will win the Super Bowl, who will win MVP, and how many wins will each team have during the season.
How Do NFL Futures Odds Work?
For starters, NFL futures odds will more often than not begin with a plus sign. The higher the plus sign, the more you can win. However, this also means the outcome is less likely.
Because NFL futures odds are updated throughout the season, you will see adjusted odds, and sometimes they will begin with a negative sign. This means the outcome is more likely to happen but you will profit less versus odds with a plus sign.
NFL Futures Bet Example
To further illustrate how NFL futures odds work, below are future odds on who will win the Super Bowl during the 2022-23 NFL season.
As you can see, all of the odds begin with a plus sign as these odds were provided well in advance of the season. However, the odds here will not remain the same as the season kicks off. In fact, to get up-to-date NFL picks and odds visit our NFL picks page to learn more about weekly odds and picks. Here, we provide updates relevant to NFL futures odds such as the Super Bowl futures.
Furthermore, if you were to bet $100 on any of the above odds, you would win the amount shown. For example, $100 on the Buffalo Bills at BetOnline would net $650 in profit.
How are NFL Futures Bets Paid Out?
NFL future bets are settled just like any other sports bet is. The key difference is that you will have to wait longer to find out if your bet has won or not. If your NFL futures bet does win, your sports betting account will be credited with your original bet amount plus your profit automatically.
After winning an NFL futures bet, you can either withdraw your winnings or you can choose to bet your winnings on other sports bet within your sports betting account.
Frequently Asked Questions About Soccer Futures Bets
What are sports betting NFL futures?
NFL futures bets are sports bets on NFL-related outcomes that are resolved over the course of the regular season and/or postseason. The most common example is betting on who will win the Super Bowl.
Where can I bet on NFL futures?
Betting on NFL futures is easy. Every online sportsbook, including our top picks, offers NFL futures odds as well as retail sportsbooks if you live in an area with brick-and-mortar sportsbooks.
What are the most popular NFL futures bets?
The most popular NFL futures bets include betting on who will win the Super Bowl, who will win the NFC or AFC conference championship game, who will win NFL MVP and the over/under win total for individual teams. There are several other NFL futures odds available as well.
Can you do NFL futures bets on DraftKings in the United States?
Yes, DraftKings offers NFL futures odds and allows users to place NFL futures bets but you must reside in a location where DraftKings is accessible.
Can you cash out NFL futures bets?
Yes, you can cash out NFL futures bets. There are two ways to cash out. The first is to simply win your bet and wait until the bet slip is settled. The other is to cash out mid-bet but not every online sportsbook offers this feature. If they do, they will offer you a certain amount of money to cash out immediately versus waiting until the bet is settled.
Why do NFL futures markets change?
NFL futures markets change due to real-time results happening on the field during the season. For example, if one team was favored to win the Super Bowl at the beginning of the season but started off 0-5, their future odds to win the Super Bowl would decrease due to their poor record.
How does a sportsbook earn money from NFL futures bets?
Sportsbooks earn money from losing NFL futures bets. Additionally, they apply vig, which is when they lower the real odds slightly before releasing them and the difference between the actual odds and the advertised odds is called the vig. Sportsbook vig allows them to maintain profits long-term.
How does a sportsbook determine an NFL futures price?
Professional oddsmakers working for sportsbooks determine NFL futures odds by evaluating every team’s roster, schedule, individual play, strengths, and weaknesses, and they continually update this analysis during the season. Furthermore, they leverage algorithms where applicable as well as injury reports and other important off-the-field factors.
What if the price changes after placing an NFL futures bet?
Once you confirm your NFL futures bet, you are set and it cannot be changed. However, price changes happen everyday week and sometimes every day so be sure to monitor price changes throughout the season to take advantage of more favorable NFL futures odds.
Are NFL futures bets good bets?
NFL futures bets are excellent bets because typically the payout is higher than other bet types. You just need to have patience as the time to cash out is much longer relative to other sports bets.
Can you put NFL futures bets in parlays?
Yes, you can include NFL futures bets in your parlays.
How do NFL futures bets work?
Futures work the same as any other sports bet. First, locate the odds you are interested in, input your wager amount, and confirm your bet. The only difference is that you will need to wait longer until the bet is graded by the sportsbook.
What are the Vegas futures odds on the NFL Super Bowl?
Vegas futures odds for the NFL Super Bowl are odds for each team to win the Super Bowl established by oddsmakers who work for sportsbooks located in Las Vegas, NV. Many online sportsbooks provide the same odds.
What do +5000 futures odds mean in the NFL?
Firstly, +5000 indicates a highly unlikely outcome. However, if this futures bet is a winner this means you would win $5,000 for every $100 wagered.
How to Place an NFL Futures Bet
Placing a bet on NFL futures odds is fairly simple. Below, we highlight the process step-by-step using BetOnline as our sportsbook of choice as it offers some of the best and most competitive NFL futures odds available on the market.
1. Create an Account
To get started you must first create an account at BetOnline. Click “Join Now” on their homepage and fill out the form with your personal information. After completing the form, you will need to verify your account via email.
2. Make a Deposit
One your account is verified you will need to make your first deposit. Click the cashier button to begin this process. Once you are at the cashier page be sure to use your BetOnline promo code to take advantage of their new player sign-up bonus. Once you complete the deposit form your money should arrive within 5 to 15 minutes.
3. Select Your NFL Futures Bet
Now that your account has been created and you have funds you can head over to the sportsbooks and find the NFL section. Here, you will see options for NFL futures odds and you can select any odd and add it to your bet slip.
4. Enter Your Bet Amount
Once you select the odd your bet slip will appear. Here, enter the amount you’d like to wager and then read it over to make sure it is correct before confirming the bet.
5. Check Your Bet After It’s Complete
After you complete steps 1-4, you just need to sit back and wait for the bet slip to be settled. If you win, the money will be automatically credited into your sportsbook account.
Advantages of NFL Futures Bets
Below, we listed some of the main advantages to NFL futures odds and futures bets.
- Large payouts and high odds. Due to long-term uncertainty, NFL futures odds have high odds and large payout opportunities.
- Increase excitement. Waiting all season will enhance your viewing experience as each game may impact your bet.
- Extremely easy. NFL futures bets are very simple to understand and navigate. They are typically based on one outcome that is very straightforward.
Our Top Tips on How to Win an NFL Futures Bet
We put together a list of top tips on how to win your next NFL futures bet. Check them out, below.
1. Do Your Research
Step number one should always revolve around research. Take time to study each team, matchup, and previous gameplay. You should walk away knowing strengths and weaknesses and begin to understand how oddsmakers came up with their odds.
2. Don’t Bet With Your Heart
Remove any and all bias as betting on your favorite team isn’t always the right thing to do if you’re looking to win your bet and make profits. Be as objective as possible and trust your research.
3. Bet What You’re Comfortable Losing
In sports betting, it’s best practice to only bet what you can afford to lose. It’s no different with NFL futures. Also, it’s a good idea to not bet everything on one particular outcome, rather you should try to spread your bets across multiple odds, if possible. This adds variety and gives you more opportunities to win.
4. Explore Parlays
Adding futures to parlays can lead to large payouts and profits. Additionally, if a bet you are interested in does not have high odds, you can increase them by adding it to a parlay.
5. Favorites Don’t Always Win
It’s no secret that betting favorites are favorites for a reason. But remember in sports anything can happen. The best sports bettors are able to identify strategic underdogs who possess a good chance of completing an upset against the favorite. Try to find favorable matchups and odds and explore betting on underdogs to increase your profits.
The Sports Daily’s NFL Futures Picks
If you are looking for more information related to NFL futures and all NFL odds be sure to visit our NFL odds page and read our comprehensive guide. Here, we provide up-to-date information related to NFL odds.
Furthermore, our team of experts has created a comprehensive NFL picks and predictions guide rooted in research that provides excellent context on each and every NFL game and odd, including NFL futures.
How do NFL Futures Bets Work with Live Betting?
NFL futures odds are not available as a live betting option simply due to the bet type itself. Futures are bets placed on long-term outcomes that do not unfold live day-to-day or game-to-game.
If you are interested in live betting NFL games we recommend you explore moneyline bets, spread bets, and/or total score bets.
The Best Sportsbooks for NFL Futures Odds
There are several online sportsbooks available so it is understandable if you are struggling to decide which is best for you. Simply put, you cannot go wrong with any of our best offshore sportsbooks, which are available to sports bettors based in the United States and are at least 18 years old.
If you are looking for our number one recommendation, then we will point you in the direction of BetOnline. BetOnline has excellent NFL futures odds but also has odds on other NFL bet types including props, moneyline, and spread bets. Additionally, there are other sports available as well.
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