Outright Betting Explained: Complete Guide & Outright Betting Tips  Cover

Outright Betting Explained: Complete Guide & Outright Betting Tips 

by Oddspedia Experts
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Outright betting is one of the most popular gambling methods that allows bettors to bet successfully on their favorite sports in the long-term. This bet type has become popular over the years, with millions of gamblers placing the bet daily.

In this Outright betting guide, we will explain an Outright bet and give examples of the betting market. We will also discuss the tips to win Outright bets so that you can start gambling like an expert.

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Outright Betting - Meaning & How it Works

The basis of Outright betting lies in the fact that every sport has a season where teams compete to win the tournament. Before the competitions begin, sportsbooks roll out a series of betting opportunities allowing you to gamble on the entire season. These markets are what we refer to as Outright bets. Now that you understand the betting market, it is time to know how Outright betting works and how to place outright bets. Unlike single bets, Outright markets allow you to gamble on long-term events and not an individual game.

An outright bet is a bet placed on the outcome of an entire league or competition as opposed to a single bet on an individual game or event.

Outright bets for horse racing or football tournaments always have better odds than other betting markets. This is because, in most cases, you have fewer statistics to work with, making it hard to place correct bets. Also, Outright bets are grouped into different categories, for instance, Outright Winner and Ballon D'or Winner, as you will find out in this read.

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Outright Betting Markets

As stated earlier, Outright bets are grouped into different markets depending on the sport. Each market allows you to bet on the probability of a specific event happening at the end of the tournament. For better understanding, here is a detailed list of top Outright betting markets.

Outright Winner

The Outright Winner is one of the most common long-term betting markets in the online gambling scene. This betting option requires you to predict which team will win the entire tournament.

For example, out of 30 teams in the NBA, you get to pick one, for instance, the Celtics, to Win the competition. To make the correct bet, you must research using past statistics and the expected lineup of the team.

Relegation

For relegation, you need to predict which team or teams will drop to the lower tier of the championship. This is mostly due to accumulating the lowest number of points during the season. When dealing with this form of sports betting, you must understand which teams are likely to perform poorly. This may be based on their previous performance or current lineup.

To Qualify

The teams that have been relegated must be substituted with the same number of clubs from the lower tier of the competition. To qualify outright betting market requires you to predict which teams will qualify for the upper tier of the championship.

This betting option may also mean predicting teams that will qualify for the elimination stage of a particular sport - for instance, the playoffs for the NBA and the knockout stage for soccer.

Top 4 finish

This Outright bet is common amongst English Premier League enthusiasts. The betting market requires you to determine the team that will finish in the top four positions. But then, unlike other markets, the top 4 finish Outright betting odds are usually less appealing. After all, the prediction comes in multiples of 4.

Bottom 3

Despite the extensive preparation of individual clubs in soccer, there will always be teams that will finish in the bottom 3 positions. This market requires you to predict which teams will occupy those slots. You should also note that the last three teams in most soccer leagues get relegated. This explains why placing winning bets for this market is not easy.

Top Goalscorer/Golden Boot

This is a player Outright betting option that requires you to predict the player that will score the most goals in a tournament. The betting market is standard in international soccer competitions, including the English Premier League and the World Cup. In case two players tie, the management extends their analysis to the number of assists by the player.

Ballon D'Or

The Ballon D'or is one of the most coveted awards in soccer. For this market, you need to bet on the player that will display exemplary performance for the entire soccer year. To win this honor, the committee looks at the general display of the player, goals scored, and assists. In the history of Soccer, Cristiano Ronaldo and Lionel Messi have dominated this award for the past 15 years.

NBA MVP

The NBA MVP is equal to the Ballon D'or in soccer. This betting market requires you to predict which basketball player will stand out throughout the entire season. For this bet, you must research every player by checking their form, injuries, and last season's performance. Keep in mind that top-rated players like LeBron James often receive lower odds value than other basketball players.

Place in the Play-offs

One of the most competitive stages of the NBA is the playoffs. This is usually an elimination series of matches that determines which team will be out of the competition. Being one of the most important series in the calendar, every team usually strives to perform their best. As a result, it is one of the bets that demand concentration and extensive research.

Next Manager to be Sacked

The managerial position is usually volatile due to performance expectations by the club's fans and administration. With this in mind, the next manager to be sacked has become one of the most common betting options. The Outright market requires you to predict which manager will lose their position next due to poor performance.

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The outright market is one of the most popular bet types in most, if not all, sports. However, as you continue gambling, you will notice that some sports are more synonymous with this betting option than others. Here is a detailed list of popular sports for making Outright bets.

Football outright bets

Football is one of the most competitive sports in the USA, with some of the best Outright betting opportunities. This sport gives you access to a wide range of Outright markets like Best Player and Outright Winner.

To successfully place Football Outright bets, you must understand competitions such as the NFL and the American Football World Championships. The good news is that football is broadcasted widely. Furthermore, it often has lots of past statistics which you can easily and freely find online. You can do extensive research and increase your chances of placing outright bets with the information.

Basketball outright bets

Basketball is one of the most competitive sports on the planet, with multiple tournaments. Top basketball competitions include the Basketball World Cup, Argentine League LNB, and the South American League.

However, the most popular basketball league is the NBA which runs in North America. The sport gives you access to a wide range of Outright markets, including Outright Winner. This market requires you to determine the team that will win a specific tournament. You can also gamble on Place in Play-offs, among other betting options.

Soccer Outright Bets

Soccer is a widely watched sport with a full range of Outright markets and some of the best Outright odds. The top soccer events which you can access in Outright markets include the winner of the English Premier League and the Bundesliga.

You will also find stunning Outright odds when placing World Cup sports bets. The most common soccer Outright markets include the Outright Winner and Ballon D'or. You will also find the Golden Boot Winner market, which requires you to predict who will score the most goals in the entire league or tournament.

Super Bowl Outright Bets

The Super Bowl is a widely televised Play-offs event used to determine the winner of the National Football League. This annual festival is most popular in the USA, with millions of fans across different parts of the planet.

The Super Bowl gives you access to fantastic Outright gambling markets. For example, you can bet on the Super Bowl Winner and the Super Bowl MVP. Like the Basketball MVP, the Super Bowl MVP allows you to predict which player will stand out during the Super Bowl.

    Conclusion

    Outright betting is a common bet type in the online gambling scene that allows you to wager on future events. This bet type is common among top sportsbooks because it offers clients competitive odds. Furthermore, the event does not require any analytical skills making it suitable for amateur and expert punters.

    However, like any other market, Outright betting can be quite challenging, which is why this read has provided you with fantastic and useful tips that you need to place accurate future bets. We have also explained different types of Outright bets that you must know when wagering.

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    Pros vs Cons
    Thumb Up
    Thumb Down
    • Outright bets come with better odds compared to other markets.
    • Players can cash out their stakes anytime before the event matures.
    • Future bets are often straightforward.
    • Does not require analytical skills to bet on.
    • Unavailable in some sportsbooks.
    • Requires patience since bet settling takes more time.
    • The markets are mostly available in major leagues.

    Outrights Betting FAQ

    What Is an Outright Bet?

    An outright bet is a futures market that requires you to wager on events that will take place after a specific period of time - the end of the season, the start of the playoffs, etc. It is one of the most common betting markets in sports such as Basketball, Soccer, and Football.

    Keep in mind that Outright odds are high before the tournament begins. On the other hand, the odds keep shifting once the tournament starts depending on the team's performance.

    🏆 How Do Future Bets Work?

    Before the commencement of a tournament, sportsbooks generate the odds for different teams based on their previous performance. Using the odds, you can predict the team's performance. In most cases, the odds remain static before the tournament begins. However, they start changing as soon as the tournament starts.

    💶 Is Outright Betting Profitable?

    Outright betting is very profitable, especially compared to other sports betting types. The markets usually have high odds that guarantee better payouts if you place the correct bets. This is because Outright betting usually involves minimal statistics and a lack of knowledge of how the tournament is likely to end. You should, however, note that the odds often depend on the market.

    💳 Do Outright Betting Odds Offer Good Value?

    In most cases, yes. Outright betting odds offer good value. However, various factors determine the value of Outright Odds. For instance, if the future market has more contestants, you get to enjoy high odds. Besides, you get great value if you place your Outright bet before the event begins.

    🤔 Can You Cash out Future Bets?

    Yes, cashing out futures bets is possible. Various sports betting sites allow their clients to cash out or remove their wagers from futures bet. The only challenge is that how much you receive depends entirely on future bet odds during cash-out. You can thus use the opportunity to get the most out of your wagers.
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    This article was written by our team of betting experts, any contributing references are noted below.
    Last updated 24/10/2023
    References
    1. M. (2021, July 6). How Outright Sports Bets Work. MansionBet. https://blog.mansionbet.com/guides/outright-bets/
    2. Football Outrights Rules | Sky Bet. (2021). Sky Bet. https://support.skybet.com/s/article/Football-Outright-Market-Rules
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