Online Gambling Schools ­ Sports Betting Tips and Online Gambling Picks, Betting Tips and Strategy for Online Sports Betting

Bet on Future Events

Futures are single wagers placed on the outcomes of events, which are determined at sometime in the future. For example, a future may involve picking the winner of the NFL championship, the Stanley Cup, or the World Series.

Payouts for a futures bet depend on the odds given by the house for each bet you have placed. Usually futures bets are represented by basic, fixed odds (although sometimes a moneyline or a multiplier may be featured) with your payout being dictated by those posted odds.

To calculate your payout, simply translate the odds (a moneyline such as -110, -180, +140 etc., or fixed odds such as 3/1) to a multiplier (the Payoff Price plus one). Take the multiplier and multiply this by your bet to determine your Payout or Win Amount (Payoff Price plus your original bet).


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