Understanding Outright Bets
If you are just getting into betting, you may feel confused with each sport's different options/markets.
This is because each sport has a different set of rules guiding them and the outcomes are different. However, while this is true, there are some betting options that are available in almost all sports.
One of these options is the outright market, which sometimes could be called the futures bet too.
What are Outright Bets?
Outright bets, also known as futures bets, are wagers placed on the outcome of an entire event or competition rather than a single game or match. These bets are typically made well in advance of the event's conclusion, and they are popular in various sports and competitions such as football, tennis, horse racing, and even political elections.
Understanding Outright Bets
The essence of an outright bet lies in predicting the final result of a long-term event. For instance, in the context of a football league, an outright bet would involve predicting which team will win the league at the end of the season. In a tennis tournament, it would mean betting on the player who will win the entire tournament.
EG: You can bet on who will win the US Open, even though the last Grand Slam of the year does not start until late August.
One advantage outright bets have over every other option is that the odds are higher because they are hard to predict and there are a lot of factors that could affect the final outcome.
For example: If you predict Novak Djokovic to win the Men’s title at the US Open but he gets injured along the way, you will lose your bet irrespective of the circumstances.
Types of Outright Bets
Winner Bets: This is the most common type of outright bet. Here, you can bet on which team or player will win a particular competition.
Eg: You can bet on Boston Celtics to win the NBA championship in 2025 or Liverpool to win the Premier League.
Place Bets: In this type of Outright bet, you are betting on a player or team to finish in a particular position.
EG: You can bet on the Dallas Mavericks to reach the NBA playoffs next year or bet on Arsenal to finish in the top four in the Premier League.
Top Scorer Bets: Here, you are strictly betting on the individual. For example, you can bet on Nikola Jokic to win the NBA Scoring Title next year or Victor Osimhen to finish as the top scorer in the UEFA Champions League next season.
Benefits of Outright Bets
Outright bets offer several benefits that make them appealing to bettors, particularly those who enjoy long-term wagers and strategic betting.
Higher Odds: Since outright bets are placed well in advance and involve predicting outcomes over a longer period, the odds are generally higher compared to single-event bets. This means potential payouts can be significantly larger.
Enhanced Engagement: Betting on the outcome of a season or tournament can enhance your interest and engagement throughout the event. It adds an extra layer of excitement as you follow the progress of your chosen team or player.
Strategic Betting Opportunities: Outright bets allow for strategic thinking and research. By analyzing form, statistics, and other factors, you can make informed predictions. This kind of strategic planning can be particularly rewarding for bettors who enjoy in-depth analysis.
Variety of Markets: The range of outright betting markets is diverse, allowing bettors to find opportunities across different sports and competitions. This variety means you can bet on events you are knowledgeable about and passionate about.
Potential for Hedging: With outright bets, there is the potential to hedge your bets as the event progresses. If your selection is performing well, you can place additional bets to secure a profit regardless of the final outcome.
Long-Term Entertainment: Outright bets can provide long-term entertainment. Unlike single-event bets that are resolved quickly, outright bets keep you invested over a longer period, making the entire event more exciting to follow.
Accessible to All: Outright betting markets are typically accessible to all types of bettors, from novices to seasoned professionals. The long-term nature of these bets means that there is ample time to conduct research and make well-informed decisions.
What Sport offers outright bets
Almost all sports have an outright bet option as long as a winner has to emerge in that competition.
Does Housebets have the Outright Bet Market?
Yes, Housebets has a variety of Outright Bet Markets for its users. With the Premier League, Serie A, Laliga, Bundesliga and Ligue 1 set to kick off next month, you can bet on which team will win the title in each of these leagues.
You can also bet on the relegation and race for Champions League spots. Away from football, you can also bet on the Olympics, NBA, US Open and Rugby Outright market.
It does not end there as you can even bet on the US Presidential race, set to take place in November.
How do I bet on Housebets?
To bet on Housebets.com. Open an account, and deposit any of your preferred currency into your account. And as simple as that, you can go to the Casino or Sportsbook section to start betting.
So what are you waiting for? Go to Housebets.com and start playing. Create your account today and start betting.
Why should you choose housebets?
Housebets has some of the best offers on the site and amazing bonuses including, a 200% welcome bonus and a chance to pre-mine $1M of tokens. Also, you get to enjoy easy transactions.
You can deposit into your account with any preferred currency of your choice with a fast payout option on winnings.
There is a wide range of casino games to choose from. In the sportsbook section, you can also bet on live events, tennis, American Football, Soccer, Basketball, and other sports.
