Nba stats predictions
Sports betting is a booming industry, especially around the.S.Where new legal sports betting markets are becoming more and more available.Within those markets, prop bets and player props are gaining a lot of popularity.Futures bets can allow for big paydays but they also require a bit more waiting.
Prop bets and player props may not offer the same large payouts that futures bets can, but they offer more immediate payouts.What is an NBA futures bet?What is an NFL futures bet?An NBA futures bet is a wager on a future NBA event.Generally, it is a bet placed on the outcome of an NBA event in the current or upcoming season.
As you might expect, the most common NBA futures bet is on which team will win the NBA Championship, and a good portion of these bets are made before a season even starts.Its important to remember that when you place a futures bet, youll need to wait for a prolonged duration until the competition is complete and the bet is graded.Example of an NBA futures bet.For example, if you bet 100 on the Los Angeles Lakers to win the NBA Championship, youre money is going to be locked up until the end of the season, which includes playoffs.Some sportsbooks will grade the bet as a loss if the Lakers lose before the NBA Finals.With seasons taking months to complete, its important to understand that your money is going to be locked up for that long.
With a futures bet, the price of the bet gets locked in when the bet is made, but the odds can change after the fact as the market shifts one way or the other.Those price changes do not affect a futures bet that has already been placed, because the price is locked.New wagers will come with the current price at the time the wager is placed.As an example, lets say the Boston Celtics are 600 (6-to-1) to win the NBA Championship before the season starts.If you place a 100 bet at this price, youd receive a payout of 700 (600 win plus your 100 bet).Lets say the Celtics get off to a very slow start and are 2-8 through their first 10 games.