What are future bets?
Future bets are wagers involving how a player or team performs over a season or special events such as a golf or tennis tournament.
There are three types of future bets we will discuss in this guide for Ohio sports bettors, and they are;
How to read futures odds
Future odds are similar to the odds an Ohio bettor sees for the more traditional betting markets. A minus usually accompanies the Favorite (-), and the underdog is typically denoted by a plus (+) sign. An example would be the Odds of winning Super Bowl LVIII.
What are team future bets?
Team future bets are markets over how a team will perform over an extended period of time, such as a season or special tournament like the NCAA College World Series. The odds of winning the NCAA College World Series look like this.
The greater the number, the less likely that team is to win the 2023 College World Series. An Ohio bettor choosing LSU +500 to win the College World Series understands a +500 wager has an implied probability or chance of winning of 16.67%. Implied probability calculators are widely available and a must-have for any serious Buckeye State sports bettor.
What are individual future bets?
Individual future bets are markets based on how an individual player will perform over the course of a season or special event such as the Wimbledon Championships. The odds for the NL MVP are on the board and look like this.
An Ohio bettor wishing to stake Mookie Betts to win the NL MVP understands a $100 wager would pay $950 on a winning ticket, but the implied probability of this bet winning is 9.52%.
What are exotic futures?
Exotic future bets are wagers made on events such as the 2024 US Presidential Election and work the same way as all future markets. The odds of winning the 2024 US Presidential Election are as follows.
How do future bets payout?
Future bets are considered long-term investments, and winning tickets won’t be paid in Ohio until after the regular season has been completed.
How to wager on sports betting futures
No two future bets are the same, and our sports betting analyst Phil Naessens has some tips to help the Ohio bettor make wiser and more profitable future bets.
How to wager on NFL futures
The two main NFL future bets are team and individual.
NFL team futures
The most important thing to consider when betting on NFL futures is a team's strength of schedule. Once the schedule is out, the Ohio sports bettor should consider the following when researching an NFL team's future bet.
NFL individual futures
The Ohio sports bettor will want to consider the following when researching an NFL individual future bet, such as MVP.
How to wager on NBA futures
Like the NFL, the NBA has two main future markets–team and individual awards.
NBA team futures
Ohio gamblers should consider the following tips before making an NBA team futures wager.
NBA individual futures
Buckeye State sports bettors will want to consider the following before making an NBA individual future bet.
How to wager on MLB futures
Ohio residents can wager on the team and individual MLB future betting markets.
MLB team futures
Ohio sports bettors hoping to bet successfully on MLB team futures should consider the following.
MLB individual futures
Residents should consider the following advice for MLB betting in Ohio on future wagers on individual player seasons such as MVP, Cy Young Award, and many others.
How to wager on NHL futures
Ohio residents can also wager on the team and individual NHL future betting markets.
NHL team futures betting
Please consider the following advice before making any NHL team or individual future wagers.
NHL Individual Futures
Wise Ohio sports bettors consider the following criteria for NHL individual props.