WHAT IS A FUTURES BET?
If you want to bet on an event with an outcome that will not be known for some time, you are going to be looking at a futures market. A futures market can encompass almost anything. At Tipico, you can bet into a futures market on the eventual champion of any major sports league. You can also do the same with the eventual winner of any major piece of hardware, from Rookie of the Year to Most Valuable Player. Even betting the winner of an upcoming golf, college basketball, or tennis tournament is considered a futures bet. The big thing to remember is that a futures market is basically any betting market that lasts longer than a single game. If you are betting on the World Cup champion before the first game is played, that would take place in a futures market. If you are betting on the champion when it is down to two remaining teams the day of the final game, you are probably not betting into a futures market.