Given the end of last seasons Premiership, the odds on Manchester United to win the premiership next season are very interesting, whether or not they increase or decrease, as each will tell you something about their perceived chances for next season. This type of longer term bet is known as futures.
These bets are placed considerably ahead of time. Given the risk involved with this, there
is a potential for some large winnings if the futures bet is successful.The sooner you place a futures bet, the more money you can make. As time progresses, the amount of potential winnings will decrease when the bet is placed. The reason for this is that as time passes, more information is
known about the teams and sport involved, which leads to revision of the odds. Many bettors will place futures wagers before a season even begins.
For instance, prior to the commencement of the Premier League season, a bettor may place a wager on which football club they believe will win the championship.
When futures bets are placed early in the season, you've been locked into those lower odds. However, many bettors may also place later bet on the same sporting event later in the season. The other bets placed will not provide the type of payout that the initial futures bet will.
Those who are successful at futures betting find that their best weapon is information. Studying information regarding the event and teams helps them to make an informed decision regarding the futures bet. Online sports sites have a lot of information that is constantly being updated.
Any small change could result in significant effects on a team's chances of winning. Given the massive change in the last seconds of the 2011/2012 season, it's easy to see how these changes affect the result, even in the last minute. Over the longer run, there are a lot more considerations to think about, such as injuries, transfers or even just players form. Nani was pegged to be a fantastic player, but his form was somewhat lacking throughout the year.
Futures is also taken into consideration for many of the Olympic sports, including the football. If you want to know more about some of the options, then check out betfair.com
for more information.
2012/2013 Pickem Winner
Congratulations to RedDevilDazzy who clinched the winners spot of our pickem predictions game, it was close!!