NFL Betting 101: Understanding Futures
There are many types of bets you can make in NFL, and understanding what’s available to you will help you make the best decisions. If you’re new to betting on football, futures are a great starting point. They involve betting on a future (usually long term) outcome, like which team will win the Super Bowl.
One thing to keep in mind is that your bet is locked up until the season – or that event – is decided. These bets generally offer bigger payouts than most NFL bets. For example, the Atlanta Falcons were around 40/1 and higher to win the NFC after starting the 2016 season 0-1. Falcons backers who invested at that point eventually earned themselves a big payday when the Falcons won the conference.
Different Types of NFL Futures
Odds to Win the Super Bowl – Throughout the year, you can bet on who will win the Super Bowl. The odds change from week to week based on team performance.
Odds to Win the Conference/Division – Sometimes making a prediction on the whole league is daunting, but conference and division futures cuts down the crowd. For example, picking a division winner involves choosing one out of four teams. With conferences, you cut the league in half.
Regular Season Win Totals – In the offseason, oddsmakers project win totals for every NFL team. Then you decide whether teams will go over and win more games than the set number or go under and win fewer. For example, the New England Patriots’ win total might be set at 11.5. You decide whether they’ll win 12 or more, or 11 or fewer.
Player Performance Props – Another type of future prop is the player performance prop. For example, you can bet on who will lead the league in receiving or rushing yards, or bet the over-under on a player’s total touchdowns. If you think a player is set for a breakout season, you’ll find some good value by placing your bet before the hype sets in.