Overview. A futures bet is a bet on the outcome of a multi-stage event such as a season or a tournament. Futures can refer to both team and player markets, such as which team will win their division, league, or championship, as well as which player will win league MVP or Rookie of the Year.

The Global Sports Betting Market size is projected to grow to USD 231.2 Billion by 2032, expanding at a CAGR of 11.1% from 2024 to 2032. Europe leads the market globally with around USD 29.4 billion revenue of the market in 2024.

Decimal odds explained\n\n For example, aR$100 bet made at decimal odds of 3.00 would returnR$300 ($100 x 3.00):R$200 in profit and the originalR$100 amount risked. AR$100 bet made at decimal odds of 1.50 would returnR$150:R$50 in profit and the originalR$100 amount risked.

What 20-to-1 means: When you see 20-to-1 odds, you're looking at a long shot that is unlikely to win. In fact, the implied win probability for a team that's 20-to-1 is 4.76%. However, should that long shot come in, it would pay out $20 for everyR$1 wagered.