In-Depth Explanation
Placed months in advance on league winners or top scorers.
Sportsbook & Betting
Futures / Outrights
Quick Definition
Long-term bets on the champion of a tournament, league, or award.
Real-World Example in Practice
Betting on World Cup winner before the tournament kicks off.
Related Terms & Concepts
Sportsbook & Betting
Accumulator Bet (Acca / Parlay)
A single wager linking multiple selections with multiplying odds, requ...
Sportsbook & Betting
Asian Handicap
A handicap line eliminating draws by giving teams fractional head star...
Sportsbook & Betting
Bankroll Management
The disciplined strategy of wagering consistent units (1%-3%) to survi...
Sportsbook & Betting
Cash Out
Settling an active wager before the event finishes to lock in profits...