BASKETBALL FUTURES

Articles From WagerOnHoops.com
ABOUT Bodog Nation - Frontlines
A valuable resource for both novice and experienced gamblers alike, From the Frontlines offers an insider view into the day-to-day workings of the sportsbook industry. Open an account today over $20, and they'll reward you with a 20% cash bonus on your first deposit.

PLAIN AND SIMPLE. Our Sports Book Review rates Bodog.com as a top basketball betting sportsbook online.

NBA & COLLEGE BASKETBALL - Placing Bets on Future Events

Definition

Futures are single wagers placed on the outcomes of events, which are determined at sometime in the future. For example, a future may involve picking the winner of the NFL championship, the Stanley Cup, or the World Series.

Payouts

Payouts for a futures bet depend on the odds given by the house for each bet you have placed. Usually futures bets are represented by basic, fixed odds (although sometimes a moneyline or a multiplier may be featured) with your payout being dictated by those posted odds.

To calculate your payout, simply translate the odds (a moneyline such as -110, -180, +140 etc., or fixed odds such as 3/1) to a multiplier (the Payoff Price plus one). Take the multiplier and multiply this by your bet to determine your Payout or Win Amount (Payoff Price plus your original bet).

Rules

1. Wagers must be on the outcome of a single event or game.

2. The team wagered on must win the league or tournament.

All wagers have action regardless of relocation or name changes.
How to Place a Futures Bet

1. Choose the Future event type you want to bet by clicking on the sport/event type link on the sportsbook schedule. A list of available Futures events will be displayed, along with the odds for each available competitor in the event.

2. Choose the wager you would like by clicking in the check box next to one of the available competitors then click the "Single" button above the events, or click directly on the odds. The Enter Bet Amount screen will be displayed. (You will be asked to login if you have not already done so.)

3. Enter in the desired risk or win amount and click "Next". The Confirm Bet page will be displayed.

4. Confirm you have the correct team and bet amount then select "Confirm Bet". The Bet Placed page will be displayed.

5. Wager has been confirmed and accepted by Bodog. Make a note of your Wager Reference Number for future reference.

10% BONUS - JOIN BODOG.COM BASKETBALL SPORTSBOOK - NBA BETTING & COLLEGE BASKETBALL BETTING AWAITS !!!!

More Articles From Bodog