Do you ever get a gut feeling that this is the year for a certain team to win the title? Or ever just know one of championship favorites is just destined to collapse before they can even reach the postseason?
There’s no need to let those premonitions go to waste. Not when you can bet futures instead.
A futures bet is as about as simple as they come: you put money down now on an expected outcome at a later date. A prime example is wagering on who you think will win the Super Bowl or NFL MVP before the season has even begun. The further out you place your bet, the bigger the potential payout.
At the start of the 2021-22 NBA season, the Brooklyn Nets had the best odds to win the title at +210 (bet $100 to win $210), per Tipico, with fellow contenders like the Utah Jazz (+1300), Denver Nuggets (+1500) and Miami Heat (+2000) holding significant longer odds. Those lines fluctuate throughout the season as trades, injuries, coaching changes and overall play begin factoring in.
The Los Angeles Lakers are seeing more than HALF of all NBA title bets @tipico.
55% of tickets have LeBron and AD winning another ring, followed by the Denver Nuggets (10%) and Brooklyn Nets (8%) pic.twitter.com/YIg4oQ92pS
— BetFTW (@Bet_ForTheWin) October 19, 2021
The key is finding the value plays and knowing when to capitalize.
This is why betting earlier is as much a benefit as it is a risk. When every club is undefeated as the season begins, picking a dark horse team to win the league will earn you a better return than if you wait until after they’ve gotten off to a hot start.
Of course, these bets require a bit more patience since wagers are placed so far in advance. For those who are happy to stick out a season-long bet, futures are a fun way to keep you invested in every game.
Gannett may earn revenue from Tipico for audience referrals to betting services. Tipico has no influence over nor are any such revenues in any way dependent on or linked to the newsrooms or news coverage. See Tipico.com for Terms and Conditions. 21+ only. Gambling problem? Call 1-800-GAMBLER (NJ), 1-800-522-4700 (CO).
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