Most, if not all, sports betting sites offer bettors the opportunity to bet on future events such as which team will win the NCAA National Championship, World Series, NBA Championship, Super Bowl and Stanley Cup, or other individual-based activities like who will win the NBA MVP Award, the Cy Young and which head coach will be fired next. These online betting options are what we call future bets.
Over the course of the season, or even midway through the season, these future odds change due to market opinion and Oddsmakers’ reactions, meaning bettors have an opportunity to bet on these futures before the season begins right until the end of the season. In this article, we will be giving you some tips to help make future betting optimal and more profitable.
Optimal Strategy for Future Betting
Cautious Line Shopping
Different sportsbooks offer different odds for different future events. To maximize profitability in future sports betting, you need to shop for the betting sites with the best prices.
Wagering on Value Future Bets
Many sports betting sites offer future bets with a lot of juice built in their lines, and they often get away with the extra juice because most bettors don’t understand how to figure out how much juice is being charged on bets. Without knowing how much juice is being charged on a bet, it’s hard to know whether or not you are placing value future odds. To gauge the future market and the value of each bet, it is important to break the odds down at each site and find the true market price of a bet rather than just blindly settling on a bet that isn’t going to give you much value for your money.
Stick to Your Comfort Zone
Just because you’ve spotted a line with a big potential payout doesn’t mean you should bet on it. As a cardinal rule, you should identify future bets you are comfortable with making (based on the cost-vs.-payoff analysis) and then place a wager only when you are fully convinced that it is the right thing to do. And above everything, stick to markets that you are knowledgeable about rather than placing a bet on a market that you aren’t familiar with.
Prepare for Market Flux
Since there is no exact science behind future bets, the market is often very flux and subject to several changes. With that, you must ensure that your bets are tailored professionally to accommodate for the malleability that comes with such changes.