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Long-term betting - how to profit from season-long bets and futures

England fans at Euro 2024

Betting on a team to win a championship before the season starts is fun, with better odds than single game bets and bigger payouts.

Futures betting lets you back a team or player early, sometimes before the rest of the betting public catches on to them.

Season-long bets are a different animal; they take weeks or months to get the final result. The duration of this appeals to many bettors as they follow the ups and downs of your picks. Every game, trade or injury is part of the journey, so it’s more about staying in for the season than getting instant results.

Value

The futures market is fluid, odds change as the season goes on. The best value often comes early, during the preseason or first few weeks of the season when bookmakers undervalue certain teams or players.

Keep an eye on offseason moves like trades, draft picks and coaching changes to learn more about underrated teams or players. A mid-tier team with a new coach might outperform expectations and be great value compared to the big name favorites. Timing is everything – odds can change quickly due to injuries or unexpected trends, so smart bettors can pounce.

Research doesn’t stop at the odds. It also helps betting fans find promotions like a promo code for SBK to get even more value.

Diversification in Futures Markets

Putting all your future bets on one team or outcome is tempting but foolish. The long term nature of these bets brings risk – injuries, trades, unexpected events. Diversifying across multiple teams, players or leagues can mitigate that risk.

Bankroll management is just as important. Futures bets tie up your money for extended periods, limiting your flexibility for other bets.

Set aside a percentage of your bankroll for long-term bets – and keep some for short-term action – so you have liquidity and don’t overcommit.

The Psychological Game

Futures betting is more than analysis – it’s mental toughness. Watching odds move dramatically over a season can be thrilling and terrifying. There will be moments of doubt especially when your early picks start to falter.

Adaptability is just as important. Hedging – where you place opposing bets to lock in profit or reduce losses – is a valuable tool in futures markets. If you’ve bet on a team to win the Super Bowl and they make it to the finals, you can place a bet on their opponent to guarantee some profit no matter what happens. And if your first team wins, it takes away some of your winnings. It’s all about your risk tolerance.

Mistakes to Avoid

The big payouts can blind you. Bettors chase long odds without considering the actual probability of winning. A 50-to-1 bet might look great but if the team or player has no real chance

Final Thoughts

Season-long betting can be a profitable addition to a broader portfolio when approached with discipline and insight. It’s not about placing bets for the sake of it; it’s about calculated investments in outcomes that others may overlook.

The thrill of holding a long-shot ticket as a season progresses is unmatched. Every game feels significant. Every outcome becomes personal. Futures betting isn’t just wagering—it’s committing to a journey.

 

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