Most NFL betting fans start to get the itch about now, and they start trying to look at different ways to bet on their favorite sport. Betting on the NFL preseason is one way that some people scratch that itch, while other people tend to focus on betting on NFL Futures.
Some people are scared about placing a bet on something is a long ways away from happening, but there can be some value in betting on NFL futures. A lot of people ask whether or not placing an NFL Futures bet is worth it, but it really can be a solid investment.
There are certainly a few factors to consider when placing an NFL Futures bet, but it can be very profitable if you know what you are doing. Missing on a few future bets might seem like a bad loss in the short term, but hitting a few NFL future bets will make up for it all in a hurry.
Let’s take a look at a few of the factors you should consider when placing an NFL Futures bet and how it might impact your bankroll.
Look For Value in Odds
Placing any future bet is sort of like investing in the stock market. You want to place a bet when the odds are in your favor and stay away from the bets that seem to favor the oddsmakers. Placing a future bet on the obvious choice is usually a bad idea, but searching to find a solid underdog pick could net you a ton of money in the long run.
You always want to buy low and sell high on the stock market, and that same strategy should be employed when looking at potential NFL Futures bets. Placing a future bet on the heavy favorite won’t net you much money, and it has a better chance of costing you money than making you a winner.
Don’t Invest Too Much Money
Anytime you get involved in sports betting, it is important to pick a “unit” to bet on every single time you make a bet. The same rules apply when placing a futures bet.
It is not wise to increase the amount of your bet on a Futures bet, even if you think that you have found great odds. The odds will make up for betting the same unit as a normal bet, and you will still increase your winnings by nailing an underdog.
Stick to Your Area of Expertise
One of the biggest problems with getting involved in betting NFL Futures is placing too many bets. There are plenty of NFL Future odds available right now to bet on, and there will be even more coming up as we get closer to the 2019 NFL season opening up.
If you don’t know anything about the bet that is being offered, then it is best to stay away from that particular bet. Placing a bet on the eventual Super Bowl champion is one thing, but trying to place a future bet on a quarterback who you have never watched doesn’t usually work out in your favor.
Even if you do extensive research, it is best to only place an NFL Futures bet on things that you watch and have a solid understanding about.