Future bets

A future bet is a bet in an event where there are many competitors, sometimes made well in advance before the event takes place. Future bets are most common in events like motor racing, NASCAR, horse racing, or golf, among others. Future bets are also posted in major competitions, like Major League Baseball and the NFL

At the start of a season, the sportsbook will give odds for each team/driver/player winning the championship (World Series, World Cup). For example, you might bet at the start of the F1 season that Michael Schumacher will win the F1 World Championship or that Tim Henman will win Wimbledon 2 months before Wimbledon has even begun.

Future bets offer larger payouts, but this comes with the fact that it is more difficult to predict a winner at the start of a championship or competition than it would be towards the end.

The odds on a team will change as the season goes on, but you get the odds that were in effect at the time you placed your bet.