Betting The NFL Futures

Making a future bet before the season starts, means that you will have your money tied up with the book for nearly 6 months. That being the case you certainly want a decent return, kind of like accruing interest on your money. Unless your putting down a sizable amount of money on a single future bet, it is not feasible to bet a future on a 2-1 or 5-2 favorite. Any way you cut it, your odds are still 31 against you…Obviously the realistic odds are probably around 20/1 as there are always at least 10 or 12 teams that you can throw out as not having any kind of a chance of making it to the playoffs much less the Superbowl.

I like to make at least 2 future bets to win the Superbowl, one in the NFC and one in the AFC..I more often than not make two plays in each conference. If your playing 3 or 4 plays, it becomes obvious that you don't want to play a 2/1 favorite, you could win the 2/1 bet and still end up losing money on your future bets. I look for odds that will give me a "hedging" opportunity. Over the years I have made more money hedging future bets than winning the future bet itself. Again to have good hedging opportunities you need

to have good odds.

The first thing I do when looking for a good future bet, is to throw out the favorites with odds of less than 10/1. I then throw out the obvious teams that have little chance of making the playoffs. Usually after this excercise I am left with maybe 15 to 20 teams. Next I want to look for teams that have a chance of winning their division, of course these are ones that are left after getting rid of the favorites.

I am looking for teams that have an outside chance of making the playoffs and have good odds. Getting to the playoffs will give you the hedging opportunity we discussed earlier. For this reason I play only to win the Superbowl, I do not play futures to win the Division or the Conference. More on "hedging" future bets in upcoming articles.

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