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Posts on ‘February 26th, 2010’

The Basics Of Betting On Sports Futures

Sports betting futures plays are often dismissed by more serious handicappers as poor values by definition. They’re most frequently associated with rank amateurs looking for a big payoff with little risk. For example, a player might be entranced with a +10000 payoff should St. George, Utah be awarded the 2020 Summer Olympic games. While that would definitely be a nice payday, the problem is that the ”true odds” of St. George, Utah hosting the Olympics is well in excess of a million to one. That means that even the huge ’plus number’ offered represents an underlay situation and a poor wagering value.

For the more serious bettor, there’s a number of obvious problems with futures wagers. They require that your wagering ’capital’ be tied up for months. Furthermore, once you’ve placed your bet you’re at the mercy of injuries, suspensions, trades and the other numerous factors that can spell defeat for a sports team. It’s no simple task keeping up with these variables on a day to day basis, and predicting them over a longer term is the province of psychics and not sports handicappers.