Futures Betting in Tennessee: A Complete Guide to Bet Futures

Fact Checked by Blake Weishaar

Now that sportsbooks in Tennessee have gone live, there are plenty of sports betting types available to Volunteer State bettors, including futures bets.

Here, we have provided a complete guide to understanding and betting futures. 

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What is a Futures Bet in Tennessee?

A futures bet in Tennessee involves predicting long-term outcomes, like the Titans playoff chances. It's placing a wager on events that will happen down the line, such as whether the Titans will make the playoffs at the end of the NFL season. It adds anticipation and engagement throughout the season.

Futures Betting Examples for Tennessee Bettors

Futures are offered by each of the Tennessee betting apps for highly anticipated and popular sporting events, including:

  • Super Bowl
  • March Madness NCAA Tournament
  • NBA Finals
  • Stanley Cup Finals
  • World Series

How to Read Futures Odds in Tennessee

The first step to betting futures is reading odds at a sportsbook like Fanatics Sportsbook TN. It's a vital step in placing a futures bet and understanding what these odds mean. 

Plus Odds

When you see plus odds, like +150, it means you could potentially win $150 for every $100 you bet with a brand like BetMGM TN. It's exciting because it shows how much you could make if your bet is successful. The higher the plus number, the more you could win.

Minus Odds

Minus odds, such as -200, mean you need to bet $200 to win $100. It indicates how much you have to wager to make a profit of $100. The lower the minus number, the more likely the sportsbook sees that outcome happening.

Even Odds

Even odds, also known as 1:1 or Evens, mean that if you bet $100, you could win $100 in profit if your bet is successful with an operator like Caesars Tennessee Sportsbook. It's a straightforward one-to-one ratio, making it easier to understand potential returns.

When Do I Get Paid For a Futures Bet in Tennessee?

You typically get paid for a futures bet once the outcome of the event you wagered on is determined. Unlike traditional bets settled shortly after a game, futures bets are resolved at the end of a season or tournament. 

For example, if you placed a futures bet on the Titans Super Bowl odds, you would receive your payout after the championship game is played and the winner is determined. So, patience is key with futures betting, as it requires waiting until the conclusion of the specified event to collect your winnings.

Why Are Futures Bets So Popular?

Futures bets are one of the most popular forms of bets at any sportsbook, including FanDuel TN. Here are a few reasons why bettors prefer to bet futures. 

High Returns

Successfully predicting long-term outcomes, such as championship winners or playoff contenders, can result in significant profits due to favorable odds offered by sportsbooks like DraftKings Tennessee.

Extended Engagement

Futures betting keeps bettors engaged throughout the season as they track the progress of their predictions over weeks or months, enhancing the overall sports-watching experience.

Diverse Options

It offers a wide range of betting opportunities across various sports, including predicting winners, division champions, or individual award recipients, catering to different interests and expertise levels.

Strategic Appeal

Analyzing teams, players, and other factors to make informed predictions adds a strategic element to betting with a brand like Hard Rock Bet TN, attracting enthusiasts who enjoy the challenge of making long-term forecasts.

Entertainment Value

It makes sports events more thrilling and meaningful, as each game contributes to the potential success of a futures bet, increasing the excitement and enjoyment for sports fans.

Bonus Bets Expire in 7 Days. One New Customer Offer Only. Must be 21+ to participate & present in TN. Gambling Problem? Call or Text the Tennessee REDLINE: 800-889-9789. Visit BetMGM.com for Terms & Conditions. US promotional offers not available in NY, NV, or Puerto Rico.

Popular Futures Bets to Make in Tennessee

Futures bets encompass a wide range of sporting events, but these bets can vary among sportsbooks. So a futures bet at ESPN BET Tennessee may not be available at some other sportsbooks, or the odds may differ. However, you can expect to find futures betting options at most sportsbooks for the highest-anticipated sporting events each year.  

  • NFL Futures Bets Futures bets in the NFL involve predicting long-term outcomes, such as the Tennessee Titans' chances of winning the Super Bowl. Bettors can place wagers on whether the Titans will make the playoffs, win their division, or clinch the championship at the end of the season.
  • NBA Futures Bets In the NBA, futures bets revolve around predicting outcomes like the Memphis Grizzlies winning the NBA Championship. Bettors can wager on various scenarios, including which team will win the championship, which player will be named MVP, or how many games a team will win in the regular season.
  • MLB Futures Bets For the MLB, futures bets could involve predicting the Atlanta Braves to win the World Series. Bettors can also wager on division winners, league champions, or individual player awards like the MVP or Cy Young Award.
  • NHL Futures Bets In the NHL, futures bets may center on the Nashville Predators' chances of winning the Stanley Cup. Bettors can predict which team will be crowned the NHL champion, which players will lead in goals or assists, or how far a team will advance in the playoffs.
  • College Football Futures Bets Futures bets in college football could include predicting the University of Tennessee Volunteers odds of winning the College Football Playoff. Bettors can wager on conference champions, bowl game outcomes, or individual player achievements like the Heisman Trophy winner.
  • College Basketball Futures Bets In college basketball, futures bets might involve predicting the Tennessee March Madness odds. Bettors can also wager on conference champions, tournament seedings, or the performance of individual teams in the tournament.

Other Futures Bets in TN

Aside from traditional sports futures markets like the outcomes of NFL, NBA, MLB, NHL, college football, and college basketball, there are numerous other futures markets available from sportsbooks like Betly TN. These include options such as predicting the winner of major golf tournaments like The Masters or the Ryder Cup, forecasting the champion of prestigious tennis events such as Wimbledon or the US Open, and wagering on the winner of significant horse races like the Kentucky Derby or the Breeders' Cup Classic. 

Additionally, bettors can engage in futures betting on events beyond sports, such as predicting winners in entertainment award shows like the Oscars or political outcomes like presidential elections. The diverse range of futures markets in Tennessee offers something for every interest, allowing bettors to participate in long-term predictions across a wide array of events.

Tennessee Futures Betting Strategy

It's important to have a strategy while betting futures rather than diving right in. Here are a few tips in building a strategy while placing a futures bet in Tennessee. 

Bet to Your Strengths

Betting to your strengths means focusing on sports or markets where you have expertise or a deep understanding. By sticking to what you know best, you can make more informed decisions and increase your chances of success in futures betting while using a brand like Bally Bet Tennessee.

Do Your Research

Thorough research is crucial for making informed futures bets. Analyze team performance, player statistics, coaching strategies, and any other relevant factors that could influence outcomes. The more information you have, the better equipped you'll be to make accurate predictions.

Shop at Different Sportsbooks

Shopping around at different sportsbooks allows you to find the best odds for your futures bets. Different bookmakers like ZenSports Tennessee may offer slightly different odds for the same market, so comparing prices ensures you get the most value out of your wagers.

Have Fun

Ultimately, sports betting should be an enjoyable and entertaining activity. While the goal is to make profitable bets, it's important to have fun along the way. Whether you win or lose, maintaining a positive and lighthearted attitude enhances the overall experience of futures betting.

Pros & Cons of Futures Betting in Tennessee

Pros
High potential profits on successful long-term predictions
Extended excitement throughout the season
Diverse range of betting options
Cons
Funds tied up until event conclusion
Uncertain outcomes over long periods
Odds may fluctuate, affecting potential returns

Get Started Betting Futures in Tennessee

Now that you're acquainted with the basics of futures betting in Tennessee, you're ready to dive into the excitement of predicting long-term outcomes in your favorite sports with your favorite sportsbook like Action247 Tennessee. Remember to bet on what you know, do your research, and explore different sportsbooks for the best odds. Most importantly, have fun along the way as you embark on this thrilling journey of futures betting in Tennessee

Must be 21+ to participate. T&Cs Apply. Gambling Problem? Call or Text 1-800-GAMBLER

Tennessee Futures Betting FAQ

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Editorial Staff

The experts at BetTennessee.com who bring you the latest updates in Tennessee sports betting. We pull together decades of experience to give you analysis as well as comparisons of the best TN online gambling apps.